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♦ Because 1% payment by cash is to be checked in “existing” FY thus, from the thirty day period of April of any economical 12 months [staying the 1st thirty day period], this proviso won't be applicable.Applicability: This rule is applicable to registered persons having taxable value of supply (other than exempt source and zero-rated supply)
➜Nevertheless, the ITC offered from the electronic credit ledger could normally be thoroughly utilised for discharging the output tax liability. The brand new Rule 86B has minimal using ITC harmony for paying out its output tax legal responsibility.It is one of 11 satisfies submitted by box holders that find the return in their residence and cour
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