Inverted tax framework supply :- The place tax price on enter is better than the tax rate on output ensuing into accumulation of ITC, As a result refund is authorized and rule 86B is not really applied.
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Rule 86B limits the usage of enter tax credit history (ITC) offered within the Digital credit ledger for discharging the output tax liability. This rule has an overriding effect on all one other CGST Policies.
If the registered man or woman beneath worry has gained a refund of amount of money higher than Rs.one lakh within the preceding fiscal calendar year on account of export less than LUT or on account of inverted tax composition.
Nonetheless, constantly pay attention towards the legend as a few of the strains displayed might still be below design. Even so, all the city practice traces described while in the write-up higher than are open and entirely functioning.
Information regarding departure moments of the first and the last teach from the specific station is supplied in Each and every station of Bangkok general public transportation.
Therefore, it means that bare minimum 1% with the output tax liability shall be discharged in cash working with e-cash ledger
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Even though You should utilize the exact same ticket on distinctive strains of the same method (like Blue and Purple lines of MRT), when transferring in between these 7 systems you'll want to receive a new ticket.
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