Which of the following statements is NOT correct? Question 1 Answer a. VAT incurred wholly for making exempt supplies is not claimable (unless the value of such supplies is not more than X% of total supplies). b. Where VAT is incurred for the purpose of both taxable and exempt activities but the input tax relating to taxable supplies cannot be identified, a claim should not be made for any of the input tax. c. VAT incurred wholly for making taxable supplies is claimable in full. d. Input tax incurred for Zero-rated supplies is recoverable