Under the scheme of VAT, tax credit is available for purchases made from —

CS Executive · Tax Laws and Practice · PYQS · December 2016
Under the scheme of VAT, tax credit is available for purchases made from —
(A) Unregistered dealer
(B) Registered dealer under composition scheme
(C) Outside the State
(D) Registered dealer in the State.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: VAT

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