Q53
Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said credit
A.
1 year from the date of invoice
AnswerB.
3 year from the date of invoice
C.
5 year from the date of invoice
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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