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liability of tax
if a person registered under GST and his sale is less than 20lacs then will he be liable to pay tax initially, if tax liability occurs?
Replies (3)
Yes. He can pay his liabilities after adjustments...
Output Tax - Input Tax = Liability / ITC....
Output Tax - Input Tax = Liability / ITC....
Once registration is obtained, the registered person is liable to pay tax on the supplies made by him.
and all the provisions of the act are applied to him.
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