alleryStart learning →Unless disproved, a person who paid tax is deemed to have:
AWaived the input tax credit
BAbsorbed the incidence himself
CPassed on incidence to the recipient
DClaimed the tax as refund
Answer & Solution
Correct answer: C. Passed on incidence to the recipient
Section 49(9) presumes the full incidence of tax paid has been passed on to the recipient.
Keep practising Computation of GST Liability
Browse all Computation of GST Liability questions for CA Inter, or explore more Taxation topics.
Related questions
For related-person tests, the term person also includes:Persons who are legally recognised partners in business are:Notified service of Rs 1,00,000 under reverse charge at 18%. Recipient pays?Intra-State sale of Rs 2,00,000 at 18% GST. CGST payable?Rs 50,000 sale; pre-agreed invoice-linked Rs 5,000 later discount, ITC reversed. Value?Rs 50,000 sale; Rs 5,000 later discount never agreed earlier. Value?Price Rs 20,000 plus Rs 1,000 State-law cess billed separately. GST at 18%?Price Rs 30,000; buyer paid supplier's Rs 2,000 insurance, not in price. Value?