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With reference to the Goods and Services Tax (GST), consider the following statements:1. Goods and Services Tax (GST) authorities are now empowered to initiate recovery proceedings directly for mismatch in sales return GSTR-1 and the monthly summary return GSTR-3B.2. The provision, which was introduced as part of the Finance Act passed by Parliament earlier this year, has now been notified to be implemented from January 1, 2022.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Goods and Services Tax (GST), consider the following statements:1. Goods and Services Tax (GST) authorities are now empowered to initiate recovery proceedings directly for mismatch in sales return GSTR-1 and the monthly summary return GSTR-3B.2. The provision, which was introduced as part of the Finance Act passed by Parliament earlier this year, has now been notified to be implemented from January 1, 2022.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Goods and Services Tax (GST), consider the following statements:1. Goods and Services Tax (GST) authorities are now empowered to initiate recovery proceedings directly for mismatch in sales return GSTR-1 and the monthly summary return GSTR-3B.2. The provision, which was introduced as part of the Finance Act passed by Parliament earlier this year, has now been notified to be implemented from January 1, 2022.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

Solutions for With reference to the Goods and Services Tax (GST), consider the following statements:1. Goods and Services Tax (GST) authorities are now empowered to initiate recovery proceedings directly for mismatch in sales return GSTR-1 and the monthly summary return GSTR-3B.2. The provision, which was introduced as part of the Finance Act passed by Parliament earlier this year, has now been notified to be implemented from January 1, 2022.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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