a client had paid penalty for non generation of eway bill during the period of Feb and Mar 2017 by demand draft .
Now these amounts of penalty are appearing in the Electronic Cash Ledger of the client.
what treatment is to be given for these amounts?
Menu
Eway bill penalty
Replies (3)
First of all need to check whether the same amount was deposited as Advance GST or against non filing of E-Way bill.
u can use the tax portion amount available in cash ledger ,u cannot use penalty portion
but uska karna kya hai?
Recent Topic
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
Related Topics
CAclubindia
