As per existing system, service tax assesees (individual) are required to pay service quarterly.
Under GST, what is the time line to pay tax
JERRY JOHN (62 Points)
24 June 2017
As per existing system, service tax assesees (individual) are required to pay service quarterly.
Under GST, what is the time line to pay tax
Umesh V Naig
(Statutory Analyst)
(452 Points)
Replied 24 June 2017
Hi john,
please donot compare present regime with our future GST.
all procedures laidown from July - return to be filed GSTR 1-2 -3 ( some now defered to sep month initially)
but now GSTR 3B is introduced for payment of tax by 20th Aug and every month
so no more VAT/CENTRAL EXCISE/SERVICE TAX/ENTERTAINMENT TAX all subsumed in GST ie absorbed like cotton
and new cotton has emerged in different color
RAJA P M
("Do the Right Thing...!!!")
(128047 Points)
Replied 24 June 2017
Every Month 15th to 20th.
After generate GSTR 2 & 2A you can pay the GST Liability
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