WebMay 25, 2024 · How to pay GST online or offline. Step 1: As a regular taxpayer registered with GST, you can proceed to the official GST website to log in to your account. Step 2: … WebIf you are eligible for the 2024/2024 GST Voucher (GSTV) – Cash and/or GSTV – MediSave and have signed up for a previous government benefit (e.g. 2024 GSTV), you will receive …
How to Make GST Payment Online? - Razorpay Learn
WebFeb 9, 2024 · GST Return/Application: Electronic Cash Ledger: GSTR-3B(Monthly Return) Electronic cash ledger is an e-wallet. All payments made in cash/bank are reflected in this ledger. A taxpayer can first utilize his balance in ITC to pay tax liabilities. If the liabilities are greater than the balance in ITC, the same has to be paid in cash. GSTR-9 (Annually) WebApr 2, 2024 · Under GST – Presently, there is no provision restricting cash transactions under GST. Under Income Tax – Section 269ST of Income Tax was introduced in 2024. It states that no person/individual must receive an amount of Rs 2 lacs or more under following conditions-. In aggregate from a person in a day or. In respect of a single transaction; or. nrcs awm software
Remit (pay) the tax you collected – When to remit (pay)
WebApr 20, 2024 · EXPENDITURE MADE IN CASH : As per section 40A (3) of Income Tax Act 1961 , any expenditure in respect of which payment is made for sum exceeding R s.10,000/- in a single day to a single person otherwise than by an account payee cheque or an account payee bank draft or use of electronic clearing system through a bank … WebJun 1, 2024 · In Budget 2024, the Government announced that GST Voucher (GSTV) – Cash recipients will receive a one-off GSTV – Cash Special Payment of S$200 on top of … WebDec 26, 2024 · Based on the recommendations of the GST Law Committee, the government has notified new indirect tax rules that makes cash payment of 1 per cent of GST tax liability mandatory for businesses whose taxable supply value exceeds Rs 50 lakh. This change will come into effect from January 1, 2024. nrcs awep program