our turnover is in the uppermost slab of GST
what is the solution if their is no sale & purchase for month of April may if lockdown increases
then still on Zero Gst
we still have to pay 9% interest
please explain
If there is no tax liability then on which amount you would be liable to pay interest @ 9%
in my preview there should be no such liability, subject to there should not be any ITC and outward discharge liability.
CAclubindia
