Which of the following is not eligible for input tax credit

CS Executive · Tax Laws and Practice · PYQS · June 2015
Which of the following is not eligible for input tax credit
(A) Purchases made in the course of inter-State trade
(B) Purchases for zero rated intra-State sales
(C) Purchases for intra-State trade
(D) Purchases for execution of intra-State works contract.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: VAT

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