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In which cases is Input Tax Credit (ITC) not available under GST?a)When goods and services are used for personal purposes.b)When goods and services are used for business purposes.c)When the tax paid on inputs exceeds the tax paid on output.d)When the taxpayer claims depreciation on the tax component of capital goods.Correct answer is option 'A'. 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 cases is Input Tax Credit (ITC) not available under GST?a)When goods and services are used for personal purposes.b)When goods and services are used for business purposes.c)When the tax paid on inputs exceeds the tax paid on output.d)When the taxpayer claims depreciation on the tax component of capital goods.Correct answer is option 'A'. 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 cases is Input Tax Credit (ITC) not available under GST?a)When goods and services are used for personal purposes.b)When goods and services are used for business purposes.c)When the tax paid on inputs exceeds the tax paid on output.d)When the taxpayer claims depreciation on the tax component of capital goods.Correct answer is option 'A'. Can you explain this answer?.

Solutions for In which cases is Input Tax Credit (ITC) not available under GST?a)When goods and services are used for personal purposes.b)When goods and services are used for business purposes.c)When the tax paid on inputs exceeds the tax paid on output.d)When the taxpayer claims depreciation on the tax component of capital goods.Correct answer is option 'A'. 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.

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