Taxation - Income TaxMCQQuestion 6053 of 146
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14. In respect of excess claim of ITC under IGST, the firm would be liable to pay interest on the excess availed IGST ITC amount of

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — ` Nil TAXATION

All Options:

  • A` Nil TAXATION ✓
  • B₹ 10,000
  • C₹ 80,000
  • D₹ 1,00,000

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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