Whether credit brought forward under the old law is eligible as input – McqOptions

MCQOPTIONS

1.	Whether credit brought forward under the old law is eligible as input tax credit under GST law?
A.	Yes, without any restrictions
B.	Credit irregularly taken under the earlier law will also be available
C.	Eligible credit under the earlier law will be available only if it is also admissible as input tax credit under the GST law
D.	Eligible credit under the earlier law is available on a proportionate basis
Answer» D. Eligible credit under the earlier law is available on a proportionate basis

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