While determining 'turnover' under the central sales tax, what is the time-limit within which the sold goods returned are eligible for exclusion— (A) One month (B) Six months (C) Three months (D) Two months.

CS Executive · Tax Laws and Practice · PYQS · June 2016
While determining 'turnover' under the central sales tax, what is the time-limit within which the sold goods returned are eligible for exclusion— (A) One month (B) Six months (C) Three months (D) Two months.
(A) One month
(B) Six months
(C) Three months
(D) Two months.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Central Sales Tax

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