Consequently the registration of somebody may be cancelled if fails to adjust to the obligatory deposit of 1% from the output tax legal responsibility in cash anywhere relevant.
It's also feasible to secure a in the future pass with the blue flag Chao Phraya Convey Boat that allows you to travel concerning different Bangkok points of interest in a really Distinctive way.
“By seizing the nests of protection deposit bins, The federal government will automatically end up with custody of what's inside of Those people bins originally.”
As a result of this post, the writer purports to investigate the provisions and its functional implications by answering the most often asked queries concerning this rule.
♦ This leisure states that if the individual has compensated greater than one% making use of e-cash ledger for discharging OUTPUT TAX upto the stated thirty day period in latest economic calendar year then this restriction is not going to implement i.
Information regarding departure instances of the primary and the last practice from the precise station is presented in Each and every station of Bangkok public transportation.
My issue is my ITC is under Rs.one Lac, I paid whole tax payment working with ITC as increased quantity of tax was paid out to Customs. New registration under GST, even now I have to pay back 1% GST by way of Cash or There's any way this can be safeguarded.
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Alternate investments have greater charges than traditional investments and they could also be really leveraged and have interaction in speculative expense approaches, which could Amplify the prospective for expense decline or achieve and should not be considered a complete financial investment program. The value in the expenditure may possibly drop and rise and buyers might get back fewer than they invested.
Hence, where zero rated provides are with payment of tax, 1% cash payment will nonetheless be essential on output tax together with that on zero rated materials.
Ans. There are a lot of entities all over India which have interaction in phony invoicing i.e. issue of invoices devoid of actual provide of goods and / or providers. These entities have a tendency only to get credit and move on credit history to other entities devoid of generating any payment of taxes in cash.
He requested a replica in the warrant agents experienced accustomed to seize his home and in the receipt for what was taken — both of those typical paperwork in almost any governing administration research.
After undergoing the above mentioned restrictions and exceptions launched by Rule 86B, it is clear that the above mentioned rule is relevant only to the big taxpayers. There'll be no impact on micro and compact enterprises.