Indicators on 86 cash You Should Know
Indicators on 86 cash You Should Know
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They're of exquisite craftsmanship. The murals inside the most important corridor can also be in the similar period of time and depict Lord Buddha demonstrating mercy on angels in heaven and also other scenes.
Applicability: This rule is relevant to registered persons owning taxable worth of provide (in addition to exempt provide and zero-rated source) in a month which is much more than Rs.50 lakh. The Restrict has to be checked every month in advance of filing Every return.
Which means the registration of anyone can be cancelled if fails to comply with the obligatory deposit of 1% of your output tax legal responsibility in cash anywhere relevant.
If your registered individual beneath issue has discharged his legal responsibility towards output tax by electronic cash ledger for an total in excessive of one% cumulatively of the entire output tax liability up on the reported month in the current economic 12 months.
Conversely, If your turnover is lower than Rs. 6 crores inside of a financial 12 months even so the taxable provides for any month exceeds Rs. fifty lakhs, then Rule 86B stands attracted.
♦ Write-up-amendment : utilization of e-credit ledger is limited to optimum of 99% of output tax liability
Seen from a length, the Khao Phraya Phai Rua Mountain resembles a Chinese junk boat. The forested mountainsides are dotted with advanced cavern devices adorned with lovely limestone formations and illuminated with electrical power. A big sleeping Buddha image presides within the cave entrance.
Quite possibly the most hanging indicator from the bond amongst the people plus the river since the previous days, is usually that in 1906, when King Rama V visited northern provinces and stayed in Sakae Krang village, the monk Phra Khru Uthai Tham Nithet (Chan) developed two twin rafts to acquire the king.
e. RCM liability shall be discharged ONLY employing e-cash ledger. Hence, utilization of ITC to discharge RCM legal responsibility will not be permitted in any way, Hence the problem of imposing this kind of restriction shall not occur
♦ RCM legal responsibility discharged applying cash in latest financial 12 months shall not be taken into account for computing “much more than one% of whole output tax liability upto the reported thirty day period has actually been discharged in cash”.
♦ Worth of zero-rated materials possibly effected with payment of IGST or effected below bond or LuT shall not be included in worth of taxable offer for determining applicability of this restriction [i.e. for calculating 50 lakhs limit].
discharged the liability following rule 86(B) in the credit rating ledger rather than cash ledger. am i liable for curiosity if compensated discharged through cash ledger later
Very well defined all issues, Sir, could you be sure to explain that irrespective of whether if 1% ITC compensated in cash for that thirty day period of January can be considered for subsequent months while checking the exception proviso to this Rule?
Prehistoric coloured drawings at Khao Pla Ra is usually observed at Khao Pla Ra, a mountain vary with verdant jungles, no communities and all-natural drinking water resources. It is also the home of various wild animals. It's got truly Wonderful purely natural environment in the region across the cave, and cliffs from the southwestern part of the mountain, close to 320 metres avove sea more info degree.