An Unbiased View of 86 cash
Paluch, a Century City lawyer, had no receipt for the bracelet. He advised Brown he was “at a little a decline regarding what information I would like” to get it back.Ans. It's been clearly furnished the limit is for refund received over the preceding monetary 12 months regardless of the period of time for which the refund had been claimed.
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Furthermore, he claimed, the FBI’s “chaotic and slapdash” stock of her valuables neglected to include $75,000 in gold coins that she has now sued to Get well.
Ans. It mandates cash payment of one% on the output tax legal responsibility on the every month basis to the registered folks who're protected by this rule. This payment of liability in cash will be demanded irrespective of The very fact that there's an present balance while in the electronic credit score ledger.
Ans. A person will not should cumulatively determine the taxable supplies by merging values of the sooner month. One particular needs to only discover the taxable supplies of the current thirty day period to ascertain if it exceeds Rs. 50 lakhs. If yes, 1 ought to comply with this provision.
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Input tax credit score plays an important purpose in GST by avoiding cascading impact of taxation. The purchase of utilisation of ITC for different parts for instance CGST, SGST and IGST has passed through a lot of modifications.
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Thus if in any month, the Restrict of click here Rs. fifty lakhs is just not crossed nevertheless the turnover is much more than Rs. 6 crores in the financial 12 months, Rule 86B does not must be complied with.
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