Question Description
In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer?.

Solutions for In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In which scenario is input tax credit (ITC) not available for goods or services used by a registered person?a)When goods or services are used exclusively for business purposesb)When goods or services are used for both business and personal purposesc)When goods or services are used for exempted suppliesd)When goods or services are used for effecting taxable suppliesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.