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Arul Industries got a waiver of Goods & Services Tax (GST) of ₹ 2,20,000 for the current financial year. The amount of waiver is
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Question:Arul Industries got a waiver of Goods & Services Tax (GST) of ₹ 2,20,000 for the current financial year. The amount of waiver is
1.Exempt income
2.Capital receipt
3.Revenue receipt
4.None of the above
Show Answer
Answer:3
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