alleryStart learning →Unpaid for how many days after invoice makes the buyer reverse ITC?
A180 days
B90 days
C60 days
D365 days
Answer & Solution
Correct answer: A. 180 days
The second proviso to Section 16(2) fixes one hundred and eighty days from the date of invoice, after which the credit is added to output liability with interest.
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Related questions
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