The liability to pay GST would depend on the mechanism the transaction aligns to the supplier who is registered with GST, issues a tax invoice, collects the GST and pays it to the Government. This mechanism under GST is

CS Executive · Tax Laws · PYQS · December 2019
The liability to pay GST would depend on the mechanism the transaction aligns to the supplier who is registered with GST, issues a tax invoice, collects the GST and pays it to the Government. This mechanism under GST is known as __________
(A) Forward charge mechanism
(B) Reverse charge mechanism
(C) Composition levy mechanism
(D) Taxable supply mechanism

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Goods and Services Tax (GST)

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic