Rcm liability on cash
This query is : Open
27 July 2017
EXPERTS,
RCM LIABILITY WILL BE PAID BY CASH ONLY. BUT IF RCM LIABILITY ABOVE 10 THOUSAND (10K) THEN HOW WE WILL DEPOSIT IT THROUGH CASH BECAUSE WE CAN DEPOSIT GST ONLY 10 THOUSAND.
RCM LIABILITY WILL BE PAID BY CASH ONLY. BUT IF RCM LIABILITY ABOVE 10 THOUSAND (10K) THEN HOW WE WILL DEPOSIT IT THROUGH CASH BECAUSE WE CAN DEPOSIT GST ONLY 10 THOUSAND.
CA Rashmi Gandhi
(Expert)
27 July 2017
There is no restriction on deposition of GST amount.
CA Rashmi Gandhi
(Expert)
27 July 2017
Where it is given??????
Message likes :
1 times
27 July 2017
MAM PLEASE SEE BELOW
NEW DELHI, SEPTEMBER 26:
To make tax payments less cumbersome for taxpayers, the government has proposed that over-the-counter cash payments of ₹10,000 and above as tax by private companies and traders will not be allowed under the goods and services tax (GST) regime.
NEW DELHI, SEPTEMBER 26:
To make tax payments less cumbersome for taxpayers, the government has proposed that over-the-counter cash payments of ₹10,000 and above as tax by private companies and traders will not be allowed under the goods and services tax (GST) regime.
Message likes :
1 times
CA Rashmi Gandhi
(Expert)
27 July 2017
You can make payment more than once.
CA Rashmi Gandhi
(Expert)
27 July 2017
Fill one challan of Rs.10000 one day and & another 10000 with other challan.
CA Rashmi Gandhi
(Expert)
27 July 2017
You can try as guidelines
CA Rashmi Gandhi
(Expert)
27 July 2017
Guidelines is for one challan only not per day
27 July 2017
mam supposed my rcm liability for the month of July is 15k. then how I will deposit it. will I make 2 challan for it plz guide
CA Rashmi Gandhi
(Expert)
27 July 2017
Yes one for 10000 & other for 5000.
CA Rashmi Gandhi
(Expert)
28 July 2017
Yes.............
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Additional trade name
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
