Question

    A business availed ITC of ₹2 lakh on inputs used

    partly for personal purposes. What should it do?
    A Claim full credit Correct Answer Incorrect Answer
    B Reverse proportionate credit Correct Answer Incorrect Answer
    C Claim credit next year Correct Answer Incorrect Answer
    D Pay GST again Correct Answer Incorrect Answer

    Solution

    Under GST, ITC can only be claimed for business use; proportionate reversal is mandatory for personal use.

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