Question
In GST, the credit of tax paid on the input service used
by more than one supplier:Solution
The correct answer is is distributed among the suppliers who used such input service on a pro rata basis of turnover in such a state. Under the GST law, the credit of tax paid on the input service used by more than one supplier is distributed among the suppliers who used such input service on a pro rata basis of turnover in such a state. This means that the amount of credit that each supplier can claim is calculated by dividing the total amount of credit by the total turnover of all the suppliers who used the input service.
Where is the ITC Sangeet Research Academy located?
The shape of a basketball court is a_______.
 What percentage could be withdrawn after 3 years under the National Pension System (NPS)?
Which is the first State in India to have water policy?
The Beti Bachao Beti Padhao scheme aims to address which of the following issues?
What was the rural literacy rzate in India, according to the 2011 Census?
According to recent RBI census data for FY 2023, which country emerged as the largest source of foreign direct investment (FDI) in India?
The last king of the Maurya dynasty was____________.
In which year was the Lead Bank Scheme, introduced to provide adequate banking and credit in rural areas through a 'service area approach', implemented?
Which of the following statements about a ‘unicorn' is/are correct?
1. In the venture capital industry, the term unicorn' refers to any startup...
