GST-Two times deduction for same CPIN, but cash ledger was credited with single entry only. Ask bank for refund as cash ledger can’t be updated twice
Question: Amount was deducted two times for the same CPIN, but cash ledger was credited with single entry only. What should I do in such cases?
Answer: GST Portal will update cash ledger on the basis of first information of CIN received from the bank/RBI. For same CPIN, csah ledger can’t be updated more than once. Please get in touch with connected bank for refund of other deducted amount, which was not credited in cash ledger
Source: GST Council Tweet
ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…
PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…
Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…
When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…
Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…
CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…