Mines n Geology Royalty

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54 Points Posted on 10 January 2023
Can I pay royalty of 2017-18 to till date through GST credit.....??
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On 10 January 2023 at 05:38 Report
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This discussion clarifies whether royalty payments for Mines & Geology can be settled using GST credit. The answer is no. Taxes under the Reverse Charge Mechanism (RCM) for these royalties must be paid directly from the cash ledger, and GST credit cannot be used for this purpose.

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7 Points Posted on 10 January 2023
No.Tax under RCM will be pay through cash ledger only
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On 10 January 2023 at 08:19
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Profession
28261 Points Posted on 11 January 2023
No gst credit
1 Reply
On 11 January 2023 at 20:46

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