Can the recipient avail the Input tax credit for the part payment of t – McqOptions

MCQOPTIONS

1.	Can the recipient avail the Input tax credit for the part payment of the amount to the supplier within one hundred and eighty days?
A.	Yes on full tax amount and partly value amount
B.	No he can’t until full amount is paid to supplier
C.	Yes but proportionately to the extent of value and tax paid Input Tax Credit 53 Indirect Taxes Committee
D.	Not applicable
Answer» C. Yes but proportionately to the extent of value and tax paid Input Tax Credit 53 Indirect Taxes Committee

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