MCQOPTIONS
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| 1. |
The discrepancy pointed out in GST MIS 3 and GST MIS 4 with regard to excess reduction of output tax has not been rectified the by the supplier as well as the recipient. The excess reduction of output tax is |
| A. | Added to the output tax liability of the recipient |
| B. | Added to the output tax liability of the supplier |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |