Αποτελέσματα Αναζήτησης
29 Ιουλ 2024 · GST reconciliation in Excel involves comparing and matching data from various sources to ensure the accuracy and completeness of GST-related transactions recorded in a business’s accounting or financial records. The goal is to identify any discrepancies between the GST amounts declared in tax returns and the GST amounts reported in the ...
2 Φεβ 2021 · For calculation of the threshold limit, the value of taxable supplies excluding the zero-rated supplies needs to be considered. However, for the purpose of payment of tax liability, 1% of the total output tax needs to be disbursed in cash.
29 Μαΐ 2024 · Input Tax Credit on Capital Goods: We shall give you our guide on ITC Rules for Capital Goods under GST as per formula, reversal and ITC for goods send on job work under GST.
11 The GST component of cash flows arising from investing and financing activities which is recoverable from, or payable to, the taxation authority shall be classified as operating cash flows.
Under Rule 86B, applicable registered persons cannot utilize ITC exceeding 99% of their total output tax liability. In simpler terms, businesses with a monthly taxable turnover above ₹50 lakh are required to pay at least 1% of their output tax liability in cash.
With effect from 01.01.2021, section 16(4) of the CGST Act, 2017 was amended vide the Finance Act, 2020, so as to delink the date of issuance of debit note from the date of issuance of the underlying invoice for purposes of availing input tax credit.
Circular No. 172/04/2022-GST Page 1 of 6 F. No. CBIC-20001/2/2022-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs ... was sanctioned in cash. 8. Whether the amount available in the electronic cash ledger can be used for making payment of any liability under the GST
