5 Easy Facts About 86 cash Described
5 Easy Facts About 86 cash Described
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Q.nine When meaning to state that refund during the preceding economic year must be multiple lakh, would the limit be calculated for all refunds taken alongside one another?
My place is my ITC is less than Rs.1 Lac, I paid entire tax payment working with ITC as bigger amount of tax was paid out to Customs. New registration beneath GST, even now I have to pay back one% GST by means of Cash or There may be any way This may be safeguarded.
Details about departure occasions of the 1st and the final prepare from the specific station is provided in Just about every station of Bangkok community transport.
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Ans. Let's believe the following example so as to ascertain the applicability of Rule 86B for thirty day period of January 2021:
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Inverted tax structure source :- Where tax amount on enter is bigger as opposed to tax amount on output resulting into accumulation of ITC, As a result refund is permitted and rule 86B will not be utilized.
Ans. It has been Obviously presented the Restrict is for refund acquired over the preceding money calendar year no matter the period of time for which the refund were claimed.
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To out-method (likely to another base), make sure you submit your port connect with or flight itinerary and new orders by developing a CSP case when you're inside of 30 times of one's departure day observed on your flight itinerary / port call to get your vMPF checklist signed off by Finance