Tax collection on exempt goods
Pooja Singhal (108 Points)
01 January 2022
if a registred person collect tax on fully exempted goods what would be implications?
2 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 January 2022
If GST has been collected pay it to the government. Then there will be no implications
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 January 2022
Or you can return the tax amount to the customer via credit note.
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