GST return related
Rajat jain (student) (164 Points)
07 February 2021Rajat jain (student) (164 Points)
07 February 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 07 February 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86220 Points)
Replied 07 February 2021
Shivam RC
(Student)
(23683 Points)
Replied 07 February 2021
Rajat jain
(student)
(164 Points)
Replied 07 February 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86220 Points)
Replied 07 February 2021
Bhavika Kothari
(CA)
(1258 Points)
Replied 12 February 2021
As per GST Notification No. 94/2020 - Central Tax, dated 22nd December 2020, Rule 86B, 1% of output tax liability needs to be paid in "CASH" w.e.f 01/01/2021 if your aggregate turnover exceeds Rs. 50 lakhs in that particular month. If your turnover is less than 50 lakhs then you can set off your entire liability through input tax credit (ITC), no need to pay any cash
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"