Which of the following statement is related to the benefit of the "Input Tax Credit Mechanism" of GST ? - Question not attempted

Asked in ras 2025 2025 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))

1. This will avoid double taxation.
2. This avoid tax on production.
3. This provide tax relief to start-ups.
4. There is no need to keep records for produ‐ cers.

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