Rcm liability on cash

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Rajiv (Querist)
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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.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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27 July 2017 There is no restriction on deposition of GST amount.

Rajiv

Rajiv (Querist)
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27 July 2017 BUT MAM WHAT ABOUT 10K LIMIT REGARDING GST DEPOSIT

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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27 July 2017 Where it is given??????

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Rajiv

Rajiv (Querist)
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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.

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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27 July 2017 You can make payment more than once.

Rajiv

Rajiv (Querist)
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27 July 2017 NOT UNDERSTOOD MAM

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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27 July 2017 Fill one challan of Rs.10000 one day and & another 10000 with other challan.

Rajiv

Rajiv (Querist)
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