What are the consequences of not paying Reverse charge for GTA?? Both from the purview of Income tax and Gst....
Thanks in advance
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Consequences of not paying Reverse charge
Replies (2)
You are advised to fulfil mandatory provisions in gst liabilities under reverse charge. in meantime if you had paid gst in reverse charge you may escape from interest and penalty..
I didn't get you completely? Where it is written in the act about the penalty and interest on Reverse charge kindly quote the same.. If possible
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