alleryStart learning →Tax paid on a supply never made, no invoice. Refund goes to?
AConsumer Welfare Fund
BState Government
CThe applicant alone
DCredit next period
Answer & Solution
Correct answer: C. The applicant alone
Section 54(8)(c) lists tax paid on a supply not provided, wholly or partially, with no invoice issued, as payable to the applicant.
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A provisional zero-rated refund under 54(6) is followed by?Section 54(4) evidence must first establish what?Section 54(1) covers refund of tax and which other item?Cash ledger balance refund may be claimed through?Welfare Fund accounts form is prescribed after consulting?Consumer Welfare Fund sums are used under Section 58(1) for?What does Section 57(a) credit to the Welfare Fund?Which fund does Section 57 of the CGST Act constitute?