Understand GST Rule 86B, its 1% cash payment rule, applicability, exceptions, calculation steps, and impact on businesses exceeding ₹50 lakh monthly ...
What is of concern is that these existing compensation cess credits cannot be adjusted against regular GST liabilities (CGST, SGST, IGST) under the current law, leading to risk of loss of valid ...
Automobile dealers have written to the Prime Minister Narendra Modi to resolve the issue of compensation cess before September 22 when the GST 2.0 kicks off and urged for a meeting too, to explain ...