5 Simple Techniques For 86 cash

Soon after observing the safeguards, it can exempt the related taxpayers from next this provision. Consequently it is actually suggested that legitimate taxpayers who're troubled by this new rule need to cautiously draft their representation to the Division so as to avoid the restriction of creating 1% tax payment by way of cash.

My issue is my ITC is a lot less than Rs.1 Lac, I paid out complete tax payment utilizing ITC as better amount of tax was paid out to Customs. New registration under GST, however I need to fork out one% GST by means of Cash or There is certainly any way this can be safeguarded.

To add up the entire volume of cash and cash you have got, first sort Every Take note and coin Based on value. Make a individual pile for each denomination and after that count how many of each and every Invoice or coin value you might have.

One particular lakh as cash flow tax. This total should have been paid in Each and every of The 2 previous economic yrs for which the closing date to file return of cash flow below subsection part 139(one) with the reported Act has expired.

On the flip side, Should the turnover is lower than Rs. six crores website in a fiscal yr though the taxable supplies for almost any month exceeds Rs. 50 lakhs, then Rule 86B stands attracted.

Use this funds calculator to include up the entire sum of money for popular denominations of expenditures, cash and rolled or bagged coins in these currencies:

The most effective currency exchange amount you’ll get in Thailand is depending on where you are exchanging in the region. Bangkok has probably the most selections offering good rates, and many other locations like Chiang Mai, Pattaya and Phuket have various first rate options.

Lots of of those Thai Internet sites are old and/or don’t have more than enough protection to url to them. I don’t want your unit or my website for getting contaminated, but I will depart you the name with the Sites.

In case you have a debit/credit card issued outdoors Thailand which allows you no cost withdrawals or cash advancements you are able to seek to withdraw funds in a Thai lender counter.

Let discuss a little about Bangkok’s dollars exchange scene prior to declaring places with the very best rates.

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If your FBI wanted to search the boxes, it needed to meet the normal for the warrant of possible bring about that proof of a crime will be observed. But agents rifled via about 800 boxes in any case, filming their lookups and bagging the home as evidence even if the holders have been unidentified and never suspected of crimes.

♦ Post-Modification : utilization of e-credit history ledger is limited to utmost of ninety nine% of output tax liability

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