If there is Mis-match of supplier’s outward supply and recipient’s claim for Input Tax credit on the same transaction Options: A . &nbspIt shall be added as output tax liability in the hands of receiver. B . &nbspIt shall be reduced as output tax liability in the hands of receiver. C . &nbspIt shall be increased as input tax credit in the hands of receiver. D . &nbspIt shall be deceased as input tax credit in the hands of supplier.

If there is Mis-match of supplier’s outward supply and recipient’s claim for

Question

If there is Mis-match of supplier’s outward supply and recipient’s claim for Input Tax credit on the same transaction

Options:

A . It shall be added as output tax liability in the hands of receiver.

B . It shall be reduced as output tax liability in the hands of receiver.

C . It shall be increased as input tax credit in the hands of receiver.

D . It shall be deceased as input tax credit in the hands of supplier.

Answer: Option A

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Question 1. Input Tax credit as credited in Electronic Credit ledger can be utilized for....

Question 2. Tax invoice must be issued by________....

Question 3. A bill of supply can be issued in case of inter-State and intra-State:....

Question 4. An invoice must be issued:....

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Question 8. The books and other records U/S 35 are to be maintained at....

Question 9. The details of outward supplies of goods or services shall be submitted by....

Question 10. First Return filed under GST is....

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