I have received Courtesy letter from govt for PTRC/PTRM enrollment under GST. I have my own Marketing agency.
is it mandatory to enroll it?
if not registered what is advantage & disadvatage for my business?
Menu
PTRC/PTRM enrollment under GST
Replies (5)
Quick Summary
If you have employees having salary above 7500 p.m , it is compulsory to register under PTRC.
PTEC is mandatory for business.
It is a compliance required under law so nothing to discuss about advantages. There is no Disadvantage either.
If you do not comply, interest and penalty shall follow.
PTEC is mandatory for business.
It is a compliance required under law so nothing to discuss about advantages. There is no Disadvantage either.
If you do not comply, interest and penalty shall follow.
PTEC is mandatory for business- Is this required to my business? and what mean by PTEC?
How much interest and penalties chargeable as the I have received letter in Mar20.
How much interest and penalties chargeable as the I have received letter in Mar20.
For Maharashtra state
PTEC is to be paid by proprietor,partner,Director,company and LLP for doing business/profession in the state. Annually Rs. 2500 tax , interest @ 1.25% p.m for first 30 days delay, 1.50% p.m for next 60 days and 2% p.m thereafter. Penalty not payable if registered voluntarily before initiation of show cause notice by govt dept.
Yes it is required for your business.
PTEC is to be paid by proprietor,partner,Director,company and LLP for doing business/profession in the state. Annually Rs. 2500 tax , interest @ 1.25% p.m for first 30 days delay, 1.50% p.m for next 60 days and 2% p.m thereafter. Penalty not payable if registered voluntarily before initiation of show cause notice by govt dept.
Yes it is required for your business.
Then I need to have pay annually tax FY 201718, FY201819 with Interest as I have got GSTIN in Sep17.
Am i right?
Am i right?
If you were doing business even before that,then you have to pay for those years also.
For now, you need to pay FY 1718,1819,1920 AND 2021.
For now, you need to pay FY 1718,1819,1920 AND 2021.
Recent Topics :
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
- Eway and e invoicing in condition where 4 party ar
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
Related Topics :
CAclubindia
