Can principal take input tax credit on the inputs and/or capital goods – McqOptions

MCQOPTIONS

1.	Can principal take input tax credit on the inputs and/or capital goods sent directly to jobworker?
A.	Yes
B.	No
C.	Yes subject to section 143
D.	ITC on capital goods sent directly to job-worker’s premise is not eligible unless the same is received in the premises of the principal
Answer» D. ITC on capital goods sent directly to job-worker’s premise is not eligible unless the same is received in the premises of the principal

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