In case supplier has deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit? Options: A . &nbspYes, it will be automatically show in recipient monthly returns. B . &nbspNo, as one of the conditions of section 16(2) is not fulfilled. C . &nbspYes if the receiver can prove later that goods are received subsequently D . &nbspNone of the above

In case supplier has deposited the taxes but the receiver has not received the g

Question

In case supplier has deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit?

Options:

A . Yes, it will be automatically show in recipient monthly returns.

B . No, as one of the conditions of section 16(2) is not fulfilled.

C . Yes if the receiver can prove later that goods are received subsequently

D . None of the above

Answer: Option B

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Question 1. Input tax credit on capital goods and Inputs can be availed in....

Question 2. The time limit to pay the value of supply with taxes....

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Question 10. Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exe....stock. What is the time limit for taking said credit

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