Turnover Based Exemption for payment of 1% GST Tax Liability in Cash

CA Niyati Sonipro badge , Last updated: 28 December 2020  
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Turnover Based Exemption The Governments decision on mandatory payment of at least 1% of GST tax liability in cash will only apply to establishments having an annual turnover of Rs. 6 Crore and the new rule 86B which is applicable from 01-01-2021will not apply to micro and small businesses, compo

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CA Niyati Soni
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Category GST   Report

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