Question

Under Rule 177 of the General Financial Rules, 2017, a buy-back offer may be obtained when:

1.
Goods are imported from abroad
2.
Goods are purchased for the first time
3.
New goods are purchased in place of old goods
4.
Goods are purchased on credit
Answer (Detailed Solution Below)

Option 3 : New goods are purchased in place of old goods

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Detailed Solution

सही उत्तर New goods are purchased in place of old goods है।

Key Points

Under Rule 177 of the General Financial Rules, 2017, when new goods are purchased, a buy-back offer may be obtained for the old goods, so that the price of the new goods is reduced.

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More Domain-Specific Questions

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Question:

Under Rule 177 of the General Financial Rules, 2017, a buy-back offer may be obtained when:

1.
Goods are imported from abroad
2.
Goods are purchased for the first time
3.
New goods are purchased in place of old goods
4.
Goods are purchased on credit

Correct Answer: New goods are purchased in place of old goods

Under Rule 177 of the General Financial Rules, 2017, when new goods are purchased, a buy-back offer may be obtained for the old goods, so that the price of the new goods is reduced.

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