The Ultimate Guide To 86 cash

The Ultimate Guide To 86 cash

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Therefore, it ensures that least one% from the output tax liability shall be discharged in cash utilizing e-cash ledger

♦ Provision starts with non-obstante clause :- meaning which the provision specified in this rule will prevail

Although this rule is notified with the best intention in mind, the government cannot help but cover a select team of authentic taxpayers at the same time inside of its ambit. An illustrative list of such taxpayers has been delivered underneath:

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Ans. It mandates cash payment of one% from the output tax legal responsibility on a regular monthly basis for that registered persons that are covered by this rule. This payment of liability in cash could well be needed no matter The actual fact that there's an present stability during the Digital credit ledger.

c) The registered person has gained a refund of in excess of Rs. A single lakh within the preceding economic year less than inverted obligation construction

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Alongside both banks with the Sakae Krang River , which flows with the complete province, are many rafting institutions , household to quite a few river fishermen. Hop onto a ship for a visit downstream to benefit from the scenic surroundings.

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Delivering an employer phone number significantly will increase your probability of obtaining a financial loan. Should you be on benefits, you can use the cell phone number of the government Business that provides your Gains. Enter Employer Mobile phone

discharged the legal responsibility following rule 86(B) in the credit rating ledger as opposed to cash ledger. am i liable for fascination if paid discharged by using cash ledger later on

CBIC has even further clarified that one% would be to be calculated about the tax legal responsibility in per month and the turnover in the respective month. 

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