Tuesday, August 25, 2020

Interest to be levied on cash component of GST liability: CBIC

Interest will be levied on the cash component of delayed settlement of goods and services tax (GST) liability from September 1, 2020, the Central Board of Indirect Taxes and Customs (CBIC) said Tuesday, giving relief to the industry.

from Economy-News-Economic Times https://ift.tt/2YAbBLw
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