alleryStart learning →Excess over the invoice amount up to what sum may take the invoice date as time of supply?
ARs 500
BRs 1,000
CRs 5,000
DRs 10,000
Answer & Solution
Correct answer: B. Rs 1,000
The proviso to section 12(2) lets the supplier treat an excess receipt of up to one thousand rupees as supplied on the invoice date.
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