Query on rule 86B

159 views 2 replies
User Avatar

55 Points Joined January 2018
A dealer crossed 50 lakhs sales in Jan.21
he is eligible to pay @ 1% Tax on his taxable sale value for this month only or in future months also?
pl. clarify any experts.
0 Reply Share Follow
On 09 February 2021 at 08:25 Report
Replies (2)
User Avatar

20 Points Joined June 2017
Not on value but 1% of tax
Reply
On 10 March 2021 at 12:12
User Avatar

9 Points Joined July 2021
In such month..... when turnover would cross more than 50 lakh... he would liable to pay gst through cash ledger i. e. 1% of output tax liability
Reply
On 02 July 2021 at 00:27


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading