1.
P19-3
ABC Pvt Ltd. purchased a machinery on 15th July 2023 for ₹10 lacs on which IGST was paid @18%. He availed the ITC & utilized the capital goods. On 16th October 2024 he sold the machinery as second hand goods for ₹7,50,000. Calculate the amount of ITC that needs to be paid.
2.
P19-3
Agency fees paid to foreign banks for arranging finance is—
