Input Tax credit as credited in Electronic Credit ledger can be utilized for Options: A . &nbspPayment of Interest B . &nbspPayment of penalty C . &nbspPayment of Fine D . &nbspPayment of Taxes

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

Question

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

Options:

A . Payment of Interest

B . Payment of penalty

C . Payment of Fine

D . Payment of Taxes

Answer: Option D

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Question 1. Tax invoice must be issued by________....

Question 2. A bill of supply can be issued in case of inter-State and intra-State:....

Question 3. An invoice must be issued:....

Question 4. An acknowledgement must be given on receipt of advance payment in respect of supply of goods or services:....

Question 5. In case of goods sent on sale on approval basis, invoice has to be issued:....

Question 6. A continuous supply of goods requires one of the following as a must:....

Question 7. The books and other records U/S 35 are to be maintained at....

Question 8. The details of outward supplies of goods or services shall be submitted by....

Question 9. First Return filed under GST is....

Question 10. Accounts are required to be maintained in....

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