Average product measures your productivity with a particular number of workers. To calculate the average product, you need the total product. For example, the total product for a factory might be the ...

The meaning of ITC can be easily understood when we take the words ‘input’ and ‘tax credit into consideration’. Inputs are materials or services that a manufacturer purchases in order to manufacture ...

Input tax credit will not be available for goods or services exclusively used for personal use, exempt supplies and supplies for which ITC is specifically not available To calculate the input tax ...