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liability of tax

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139 Points Posted on 01 August 2017
if a person registered under GST and his sale is less than 20lacs then will he be liable to pay tax initially, if tax liability occurs?
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On 01 August 2017 at 07:30 Report
Replies (3)
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"Do the Right Thing...!!!"
128147 Points Posted on 01 August 2017
Yes. He can pay his liabilities after adjustments...
Output Tax - Input Tax = Liability / ITC....
463 Reply
On 01 August 2017 at 07:36
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CA Practice
3577 Points Posted on 01 August 2017
Once registration is obtained, the registered person is liable to pay tax on the supplies made by him.
6 Reply
On 01 August 2017 at 08:17
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Proprietor
4869 Points Posted on 01 August 2017
and all the provisions of the act are applied to him.
18 Reply
On 01 August 2017 at 08:21


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