MCQOPTIONS
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MCQOPTIONS
| 1. |
Suppose Mr. Y has a IGST credit of ` 14 lakhs in his ITC ledger and at the same time, he has a IGST liability of ` 7 lakhs, CGST liability of ` 8 lakhs and SGST liability of ` 5 lakhs. What an amount should be deposited by Mr.Y to his E-Cash ledger maintained at the GSTN portal? |
| A. | 6 lakhs (` 1 lakhs to SGST + ` 5 lakhs to CGST) |
| B. | 6 lakhs (` 1 lakhs to CGST + ` 5 lakhs to SGST) |
| C. | 6 lakhs (` 1 lakhs to IGST + ` 5 lakhs to SGST) |
| D. | 6 lakhs (` 2 lakhs to IGST + ` 4 lakhs to SGST) |
| Answer» C. 6 lakhs (` 1 lakhs to IGST + ` 5 lakhs to SGST) | |