MCQOPTIONS
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| 1. |
Which of the following is true in respect of events after the applicability of GST? Transitional Provisions 271 Indirect Taxes Committee |
| A. | Proceedings under earlier law will be disposed of under the earlier law |
| B. | Any default due to proceedings in the earlier law will be recovered in the earlier law |
| C. | Proceedings under the earlier law will be disposed of under the new law |
| D. | Any refund due to the proceedings will be admissible as input tax credit |
| Answer» B. Any default due to proceedings in the earlier law will be recovered in the earlier law | |