If a dealer paying Tax under Composition scheme in earlier law, switch – McqOptions

MCQOPTIONS

1.	If a dealer paying Tax under Composition scheme in earlier law, switch over to normal scheme in GST, the treatment of Tax element involved in the stock will be:
A.	No ITC Credit
B.	ITC Credit subject to eligibility
C.	Refund of Tax Element
D.	None of the Above
Answer» C. Refund of Tax Element

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