alleryStart learning →Surplus central tax credit, after paying central tax, may pay which tax?
AState tax payment
BUnion territory tax
CIntegrated tax
DCompensation cess
Answer & Solution
Correct answer: C. Integrated tax
Central tax credit can pay central tax first and any remaining amount only integrated tax, never State or UT tax.
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Related questions
Under section 53, CGST credit used for IGST dues makes central tax collected?When central tax credit pays IGST, the Centre transfers the sum to which account?The power to collect TCS operates without prejudice to what?Interest on a TCS mismatch added to a supplier's liability follows which provision?Rectification of a TCS statement is barred after the due date of which month?Who claims credit in the cash ledger of the amount an operator collected?The operator's annual TCS statement is due before which date after the year ends?Within how many days after month-end must the operator pay collected TCS?