Question

According to Union Budget  2023-24, consider the following statements regarding Legislative Changes In GST laws: 1. raise the minimum threshold of tax amount for launching prosecution under GST from Rs1 crore to Rs2 crore, except for the offense of issuance of invoices without supply of goods or services or both 2. reduce the compounding amount from the present range of 50 percent to 150 percent of tax amount to the range of 25 per cent to 100 percent;  3. Input tax credit ITC shall be available in respect of goods or services or both received by a taxable person, which are used or intended to be used for activities relating to his obligations under corporate social responsibility CSR. Choose the correct option using the codes below:

A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3
E 3 only
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