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Additional tax dues in GST annual return block working capital: Here is why

Updated : August 02, 2019 06:08 PM IST

Any increase in GST liability in the annual return has to be discharged only through cash ledger, i.e. physical outflow of money.
The provisions of the GST Act allow taxpayers to make payment of tax by utilising balance in input tax credit or cash.
Additional tax dues in GST annual return block working capital: Here is why

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