A person registered under GST made supply of goods during the financial year 2022-23. He wants to know the maximum period within which the recipient must make payment failing which the input tax credit would be denied to

CS Executive · Tax Laws · PYQS · June 2023
A person registered under GST made supply of goods during the financial year 2022-23. He wants to know the maximum period within which the recipient must make payment failing which the input tax credit would be denied to him?
(A) 30 days from the date of issue of invoice by the supplier
(B) 60 days from the date of issue of invoice by the supplier
(C) 90 days from the date of issue of invoice by the supplier
(D) 180 days from the date of issue of invoice by the supplier

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: GST

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