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Commerce · Q62

GST

Graduate and Post Graduate · Commerce · question 62

Q62

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

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

Solution

Answer: Option A
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