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.
Query on rule 86B
Replies (2)
Quick Summary
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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