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Which of the following is a condition for availing input tax credit?

Practice Questions

1 question
Q1
Which of the following is a condition for availing input tax credit?
  1. Goods must be used for personal use
  2. Invoice must be in the name of the recipient
  3. Payment must be made in cash
  4. Goods must be sold within 30 days

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a condition for availing input tax credit?
Solution: The invoice must be in the name of the recipient to avail input tax credit.
Steps: 0

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