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%!

Question

TuteeHUB · Accepted Answer

3 year from the date of invoice

TuteeHUB · Answer

1 year from the date of invoice

TuteeHUB · Answer

5 year from the date of invoice

TuteeHUB · Answer

None of the above

1.	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
B.	3 year from the date of invoice
C.	5 year from the date of invoice
D.	None of the above
Answer» B. 3 year from the date of invoice

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%!

Discussion

No Comment Found

Related MCQs

Reply to Comment