banner_ad

Gst tax 12 instead of 18

313 views 7 replies
User Avatar

55 Points Joined September 2016
I apply gst rate 12% on rent income instead of 18% what to do process next
0 Reply Share Follow
On 26 March 2022 at 13:32 Report
Replies (7)
User Avatar

Practicing Chartered Accountant
959 Points Joined May 2016
Issue debit note for the remaining tax amount.
Reply
On 26 March 2022 at 14:53
User Avatar

55 Points Joined September 2016

Sir it's apply 18% from last year

Interests leviable?

And it's tax liability deduct from ITC?   

 i have 10 lakh ITC available

 

 

Reply
On 26 March 2022 at 14:58
User Avatar

CFO- at NHTF
58280 Points Joined August 2012
Raise the invoice for balance amount and pay GST or adjust GST Liability against ITC
1 Reply
On 27 March 2022 at 07:38
User Avatar

55 Points Joined September 2016

Thank you sir tax payable amount interest leviable or not?

 

Reply
On 27 March 2022 at 08:45
User Avatar

28 Points Joined January 2018
U have ITC so interest is not Leviable
Reply
On 28 March 2022 at 07:17
User Avatar

55 Points Joined September 2016

Thank you very much sir

Reply
On 28 March 2022 at 08:53
User Avatar

CFO- at NHTF
58280 Points Joined August 2012
Interest is applicable for delay or short payment.

But it can be adjusted against ITC
Reply
On 28 March 2022 at 09:54

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details