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Nikhil Mahawar

Latest Posts by Nikhil Mahawar

Calculation of GST Interest on GST payable and refund under GST

May 22, 2023 12504 Views 0 comment Print

Learn about the calculation of GST interest on both GST payable and refunds under the Goods and Services Tax (GST) regime. Understand the rates, periods, and scenarios for interest payment and receipt. Stay informed to comply with GST regulations.

GST Refund under Inverted Tax Structure u/s 54 read with rule 89(5) of CGST Act

May 19, 2023 11250 Views 0 comment Print

Where the Input Tax Credit (ITC) has accumulated on account of rate of tax on inputs being higher than the rate of tax on output supplies. (Other than nil rated and wholly exempt supplies).

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