Whether credit can be availed without actual receipt of goods – McqOptions

MCQOPTIONS

1.	Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?
A.	Yes
B.	No
C.	Yes, in specific instances
D.	Can be availed only after transfer of document of title after movement of goods
Answer» D. Can be availed only after transfer of document of title after movement of goods

Discussion

No Comment Found

Related MCQs

<h2>For capital goods, proportionate credit is allowed</h2>
<p>Whether depreciation on tax component of capital goods and Plant and Machinery and whether input tax credit (ITC) is Permissible?</p>
<p>Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?</p>
<p>The time limit to pay the value of supply with taxes</p>
<p>Input tax credit on capital goods and Inputs can be availed in</p>
<h2>In case supplier has deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit?</h2>
<p>When can a registered person avail credit on inputs?</p>
<h2>Whether credit on capital goods can be taken immediately on receipt of the goods?</h2>
<p>Is definition of Inputs includes capital goods</p>
<p>What deductions are allowed from the transaction value</p>