How will the refunds occurring due to any proceedings under the earlie – McqOptions

MCQOPTIONS

1.	How will the refunds occurring due to any proceedings under the earlier law relating to CENVAT Credit is treated under GST?
A.	Such refund will be made in cash
B.	Such refund will be allowed as input tax credit
C.	Either a or b at the option of the taxable person
D.	Either a or b at the option of the Department
Answer» B. Such refund will be allowed as input tax credit

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