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Commerce · Q67

GST

Graduate and Post Graduate · Commerce · question 67

Q67

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

A.
Yes, in the form of a proforma invoice;
B.
Yes, as a receipt voucher.
Answer
C.
Yes, the invoice must be raised to that extent;
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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