The Proposed Penalty for availing IPT without actual receipt of goods – McqOptions

MCQOPTIONS

1.	The Proposed Penalty for availing IPT without actual receipt of goods and /or services will be:
A.	10,000/- or wrongly availed IPT whichever is higher
B.	25,000/- or wrongly availed IPT whichever is higher
C.	50,000/- or wrongly availed IPT whichever is higher
D.	No Penalty at all.
Answer» B. 25,000/- or wrongly availed IPT whichever is higher

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