MCQOPTIONS
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| 1. |
How to calculate the GST payment to be made? |
| A. | Usually, the Input Tax Credit should be reduced from Outward Tax Liability to |
| B. | TDS/TCS will be reduced from the total GST to arrive at the net payable |
| C. | Also, ITC cannot be claimed on interest and late fees. Both Interest |
| D. | all of the above |
| Answer» E. | |