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Standard XII
Accountancy
Company
With referenc...
Question
With reference to Goods and Services Tax, the term ITC stands for:
A
Input Tax Credit
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B
Income Tax Coverage
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C
Indian Taxation Corporation
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D
Input Tax Cover
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Solution
The correct option is
A
Input Tax Credit
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Similar questions
Q.
With reference to Goods and Services Tax, the term ITC stands for 'Input Tax Credit'.
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Which tax is paid to government for the sales of certain goods and services?
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Find the marked price of the refrigerator, if its selling price along with goods and servies tax is given.
S
.
P
=
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s
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; rate of goods and services tax
=
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..........
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