If the payment to the supplier of goods or services is not made within----- from the date of issue of invoice, the input tax credit on such goods or services cannot be availed.

Related MCQs

• Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, date of payment 01/01/2019____________
• Ms. Pooja supplied services to Ms. Smita on 5-7-2018.She raised an invoice on 20-6-2018 and recived the amount on 10-7-2018. The tax rate for these services was changed from 15% to 28% on 1-7-2018. The time of supply will be------ and tax rate levied will be-----
• Goods which get input tax credit without being liable to collect output tax is called
• Any goods other than capital goods used or intended to be used by a supplier in the course or furtherance of business is
• Compute time of supply (0in case of Supply of Soap) when its removal on 25/11/2017, Date of invoice 21/11/2017.
• In example (8) above, if invoice is raised on 10-7-2018 and amount is received on 20-6-2018 everything else being same, time of supply will be ------ and tax rate levied will be-- ---.
• Time period within which invoice has to be issued in case of movable gods ____________
• Integrated Goods and services Tax is applicable when-
• Integrated Goods and Services Tax Act is applicable to
• The Central Goods and Services Tax is levied under