GST payment due date?
It's monthly or Quarterly....
Monthly (except for composition dealer where it is quarterly) by 20th of next month.
Yes you need to discharge your GST liability by 20th.
Composition Dealer means Small Manufacturer, Dealer, or Restaurant Service provider with turnover not exceeding Rs 50 Lakhs Rupees.
Composition.....
yes. Return GSTR-4 by 18th from end of quarter.
No ITC available and pay composition tax (1%/2%/5%) out of pocket)
INPUT TAX CREDIT
Dear Mr.Rohit,
Thank you for ur valuable and useful answers.
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GST is required to be paid by 20th of the next month. In case of dealers registered under composition scheme, payment is to be done by 18th after end of quarter.
CAclubindia
