Form DRC-03A: Purpose, Appropriation of Payment and Filing Process CBIC Clarifies Wavier of Interest and Penalty under CGST Act RCM Time of Supply Rule Changes Effective from November 1 Now, let us look at GST due dates for December 2024. Here is a comprehensive image of our December GST Du...
The Kerala GST Department has introduced a new software system for filing tax returns and making tax payments. View more 6th August 2024 GSTN Updates UPI and Credit/Debit Cards Payment Method with Axis and Karnataka Bank to increase its payment process. Read More 05th August 2024 The new GST...
If there is no sufficient outward tax liability in GSTR-3B against which the credit note can be adjusted. In such cases, form RFD-01 can be filed to claim this GST by selecting “Excess payment of tax if any”. (b) The service provider may have issued a receipt voucher acknowledging ...
GST Payment Due Dates for Different Taxpayers Interest on Late Payment of GST How to Pay GST Payments Online at a Later Date? What Are the Important GST Payment Forms? FAQs What Is GST Payment? GST payment refers to the tax businesses and individuals are required to pay to the government...
No GST will be levied if your credit card fee is waived. Are late payment and finance charges subject to GST? Late payment and finance charges (monthly interest) are exempt from GST. Are cash advance fees subject to GST? No, they are exempt from GST.Remittances...
Receipt of Goods/Services:The goods or services for which input tax credit is claimed must have been received, aligning with Section 16(2)(b). Tax Payment by Vendor:The vendor who charged the tax must have paid this tax to the government. ...
Credit Ledger:The self-assessed ITC in the monthly returns is reflected in the credit ledger. As this ledger is used only for the payment of tax, it cannot be used for any other payments such as penalties, fees, interests, and so on. ...
When can I claim Input Tax Credit? What is QRMP Scheme? How do I record a payment in Zoho Books for the tax paid in the GST portal? How do I edit transactions that are included in a filed return? When will I not be able to claim ITC for bills and expenses? I am not able to...
exmpted from service tax. Now after implementation of GST, that services are having 18% GST. resulting my government authority asked to deposit GST @ 18% after july 17. Now i do not have such huge profit margin . whether i could avail benifits of section 171 for tax payment by ...
Advance Tax Payment Bollywood Actor Wins Tax Case with Proper Foreign Tax Credit (FTC) Filing! Published on:10-Mar-2025 Foreign Tax Credit MCA Imposes ₹11.1 Lakh Penalty on Company for Non-Filing of MGT-14 for Multiple FY Published on:08-Mar-2025 ...