A manufacturer who is a registered person under GST has purchased 10000 kgs of raw material during February, 2019, on which IGST of ?1,00,000 has been paid He has taken 100 kgs for personal use. 200 kgs were stolen from the factory. Only 80% of the raw materials were consumed during the month for production. The input tax credit available to him for February, 2019 is

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Syllabus (with weightage):
A. Advanced Indirect Tax and Practice 80%
B. Tax Practice and Procedures 20%

Related Test: CMA Intermediate Exam: Indirect Taxation


A manufacturer who is a registered person under GST has purchased 10000 kgs of raw material during February, 2019, on which IGST of ?1,00,000 has been paid He has taken 100 kgs for personal use. 200 kgs were stolen from the factory. Only 80% of the raw materials were consumed during the month for production. The input tax credit available to him for February, 2019 is






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