powered by logo

Forums

Back

Mcq

Indirect Taxation

Answer?

IMG_20210901_004710.jpg
IMG_20210901_004630__01.jpg

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

01-Sep-21 00:47

663

Answers (3)

It is 8,25,000 ( 7,50,000 plus 75000). In respect of invoices not uploaded by the supplier in their GSTR 1, ITC can be availed only up to 10 percent of eligible credit. Here eligible credit is 7,50,000 and 10% of eligible credit is 75000.


vishwam mandepudi

vishwam mandepudi

Qualified CA

2K+

01-Sep-21 10:18

Your Reply