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Commerce · Q48

GST

Graduate and Post Graduate · Commerce · question 48

Q48

Whether depreciation on tax component of capital goods and Plant and Machinery and whether input tax credit (ITC) is Permissible?

A.
Yes
B.
No
C.
Input tax credit is eligible if depreciation on tax component is not availed
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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