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Which of the following best describes a situation where a registered taxpayer under the Goods and Services Tax Act is NOT eligible to claim Input Tax Credit (ITC)?
When goods are used for making taxable supplies
When goods are used for further supply
When goods are used for personal consumption
When goods are used as capital goods for business
When goods are used for personal consumption
Practice and solve "Which of the following best describes a situation where a registered taxpayer under the Goods and Se..." for Subject Knowledge - CCIManagement Trainee Accounts 01 Sep 2026 Shift 2. The correct answer is Option C: When goods are used for personal consumption. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Which of the following best describes a situation where a registered taxpayer under the Goods and Se..." for Subject Knowledge - CCIManagement Trainee Accounts 01 Sep 2026 Shift 2. The correct answer is Option C: When goods are used for personal consumption. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.