Suppose, the IGST Credit of ` 5/-Lakhs is cross utilised to settle the – McqOptions

MCQOPTIONS

1.	Suppose, the IGST Credit of ` 5/-Lakhs is cross utilised to settle the IGST OPT of ` 5/-Lakhs of a Kerala Dealer. The fund transfer will be:
A.	5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST Fund
B.	5/-Lakhs from SGST Fund will be transferred by Kerala government in to Central IGST Fund
C.	5/-Lakhs from CGST Fund will be transferred by Central government in to Kerala SGST Fund
D.	No Fund Transfer at all.
Answer» E.

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