Suppose One Dealer is not eligible for Composition of Tax. But, remitt – McqOptions

MCQOPTIONS

1.	Suppose One Dealer is not eligible for Composition of Tax. But, remitted Tax Under that scheme. What will be the volume of the compulsory Penalty
A.	No Penalty at all
B.	Equal Amount of Tax leviable under Normal Scheme
C.	Two Times of the tax leviable under Normal Scheme
D.	Three Times of the tax Levi able under Normal Scheme
Answer» C. Two Times of the tax leviable under Normal Scheme

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