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Quarterly return for September 2023

This query is : Resolved 

23 September 2023 We have gst tax of Rs5000/ in July 2023 .In the month of August 2023 we have excess input of Rs10000/ .Are we required to pay tax for July 2013 in cash ?
Please clarify?

23 September 2023 Will we have to pay interest if we pay July 2023 gst tax in September 2023 on 25th September 2023? Please clarify?

23 September 2023 We have gst tax of Rs5000/ in July 2023 .In the month of August 2023 we have excess input of Rs10000/ .Are we required to pay tax for July 2013 in cash ? Please clarify?



24 September 2023 As per rule 86B of Cgst Act 1% Cash payment of Output tax is mandatory for persons having monthly turnover exceeding 50 Lacs.

24 September 2023 Interest payable on such late payment.

24 September 2023 My monthly turnover is less then 50 lakhs so do I need to pay interest on monthly tax

24 September 2023 Please clarify if my monthly sale is less then Rs50 lakhs am I liable to pay 1% in cash for output tax

24 September 2023 No need for 1% cash payment in your case.
Interest payable for delay in cash payment.


24 September 2023 Should I pay July 2022 taxes in August 2023 when I have excess input tax credit of Rs10000/ ? Pl clarify this ?

24 September 2023 Yes, you can pay.....

25 September 2023 Is it mandatory to pay if Itc of Rs10000/ available in month of August 2023

25 September 2023 Not mandatory in your case.




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