Which means that the registration of a person is often cancelled if fails to comply with the required deposit of 1% with the output tax liability in cash anywhere relevant.
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Should the registered human being less than concern has discharged his liability towards output tax by electronic cash ledger for an amount in extra of one% cumulatively of the overall output tax liability up to your mentioned month in The present economical yr.
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My level is my ITC is less than Rs.1 Lac, I compensated total tax payment applying ITC as increased amount of tax was paid out to Customs. New registration less than GST, nonetheless I should fork out 1% GST by Cash or There is certainly any way this can be safeguarded.
Bangkok h2o transportation even now plays a vital purpose from the process of Bangkok community transport. To be a vacationer, it is possible to charter a ship and examine Bangkok’s canals or be a part of certainly one of Bangkok river cruises on the mighty Chao Phraya River.
One particular lakh as earnings tax. This amount ought to have been paid out in each of The 2 preceding financial many years for which the cut-off date to file return of money under subsection portion 139(one) of the stated Act has expired.
Writer’s opinion :- The restriction on utilization is always to be applied on combination foundation. On the other hand, there are higher odds
♦ Price of zero-rated provides both effected with payment of IGST or effected beneath bond or LuT shall not be A part of worth of taxable provide for identifying applicability of this restriction [i.e. for calculating 50 lakhs Restrict].
Ruling 2004-86 also categorised DSTs as an financial commitment believe in in lieu of a business entity for federal revenue tax uses. The subsequent are some limits for this classification to hold.
The case that brokers developed towards the enterprise appeared to provide ample grounds for just a court docket to authorize seizure of the company’s personal computers, safety cameras and also other enterprise website products — such as the numerous safe deposit bins lining its partitions.
Bangkok cross river ferries can be found at numerous piers together the river in central Bangkok for crossing to the opposite lender of Chao Phraya River.