Banking company or Financial Institution have an option of claiming ITC:
A. Actual Credit or 50% credit
B. Only 50% Credit
C. Only cctual credit
D. Actual credit and 50% credit
Answer: Option A
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under this circumtances comply sec 17(2) or every month, an amount aqual to 50% for ITC..... AS PER SEC. 17(4) OF ITC OF CGST ACT.