A dealer crossed 50 lakhs sales in Jan.21
he is eligible to pay @ 1% Tax on his taxable sale value for this month only or in future months also?
pl. clarify any experts.
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Query on rule 86B
Replies (2)
Not on value but 1% of tax
In such month..... when turnover would cross more than 50 lakh... he would liable to pay gst through cash ledger i. e. 1% of output tax liability
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