CA Inter Taxation GST Revision | L11: Payment of Tax By CA Nishant Kumar

[@mrabhilashchy3868]

00:02 Importance of Payment of Tax chapter in GST for CA exams
01:54 Chapter on Payment of Tax is important
05:47 Summary of chapter on Payment of Tax in GST for CA Inter Tax May'24 Revision
07:36 Understanding Electronic Cash Ledger
12:12 Electronic Cash Ledger is similar to a wallet for paying taxes.
13:58 Utilizing electronic credit ledger for tax liability payment
18:18 Payment of tax and interest under GST
20:16 Input tax credit can only be utilized for payment of output tax
24:07 ITC can't be used for reverse charge tax liability
25:49 Utilization order of ITC use after CGST, SGST, UTGST
29:31 Provision for OIDA R Services and international payment methods
31:22 The e-scroll from RBI ensures accurate updating of the electronic cash ledger despite communication issues.
34:58 Using separate electronic cash ledgers for different states under GST.
36:55 Offline payment allowed under GST up to ₹ 1000000
40:50 Inter Head Transfer of Tax in GST
42:46 Form GST PMT 09 for tax transfer
46:34 Understanding electronic liability registration in GST
48:24 Recording and payment process of tax liabilities under GST.
52:18 FPB Branches Manage Accounts for GST Payments
53:50 Interest on delayed payment of tax is important
57:40 Rule 88B and Rule 8 regarding payment and reversal
59:28 Considerations under Rule 88B for wrong IGST credit availed
1:02:57 GST interest calculation and payment process
1:04:56 Proper payment and utilization of GST credits are crucial to avoid unnecessary interest charges.
1:08:34 Understanding the computation of interest on delayed tax payment.
1:10:28 Understanding the utilization of Input Tax Credit (ITC)
1:13:57 Utilization of Electronic Credit Ledger in GST
1:15:43 Understanding the concept of input tax credit (ITC) blocking and its implications.
1:19:22 Understanding the concept of Interest on late payment of tax
1:21:29 Interest on GST payment from February to April
1:25:40 Calculation of interest payable under CGST Act 2017
1:27:48 GSTR 3B filing and ITC mismatch consequences
1:31:18 Understanding the transfer of tax amounts between CGST, IGST, SGST, and UTGST
1:32:58 Government guidelines for tax distribution
1:36:29 Government payments of taxes using IGST credits
1:38:21 Procedures and conditions for GST payment refunds
1:42:04 Understanding the value of taxable supply and input tax credit
1:44:06 Calculation of Total Cost including GST and Depreciation
1:48:41 Calculation of output GST liability and profit margin.
1:51:40 Understanding Input Tax Credit (ITC) Calculation
1:57:25 Understanding the tax implications for a registered dealer in Patna, Bihar.
1:59:20 Expenses over Rs. 75 stat are taxable
2:02:58 Understanding GST applicability on car rentals and input tax credit
2:05:00 Understanding the payment of tax in GST.
2:09:20 Intrastate and interstate supplies summary
2:11:53 Understanding interstate and intrastate tax credits
2:18:42 Reverse charge mechanism on renting of motor cars with fuel cost included
2:21:05 Calculation of days for payment of tax
2:25:35 GST payment due date is on 20th March for supplies arriving in February
2:27:09 Understanding Liability and ITC in car rental services
2:31:48 Composition Scheme and GST Credits Explanation
2:33:37 Calculation of GST payable for Zion Limited in September 2022
2:40:22 Clarification on eligibility for GST credit on purchases
2:43:14 Utilization of GST credits against liabilities
2:47:25 Payment of Tax in GST process
2:49:32 Payment of interest on delayed payment
2:53:51 Understanding post supply discounts in GST
2:55:37 Understanding tax liability and interest calculations in GST
2:59:13 Calculation of interest on CGST Act 2017
3:01:11 Understanding Reverse Charge Mechanism under GST

[@mrabhilashchy3868]

@@Ujjxwal thanks but give medal to ai. within 1sec generate whole things

[@adwaithanil1276]

4:10 but 1st question is a consolidated question right?
Covering ITC,value of supply,RCM,supply and payment of tax ( involves utilisation of credit and computing net GST liability )

[@adwaithanil1276]

@@kanakmittal9480 yes but step marking is alloted....don't be so tensed even if 1 adjustment is wrong we'll be alloted marks for the others

[@adwaithanil1276]

@@kanakmittal9480 bro don't worry bro.......

[@aaryanparikh8409]

​@@adwaithanil1276 Step marking ke balboote pe hi pass hounga iss attempt warna fail

[@sasta_U-tuber]

1:56:23 exam questions

[@nfneerajbarman3705]

Bohot badiya ❤sir

[@nandinisinhaa]

Thankyou so much Sir ❤🥺 veryy helpful session 🔥💯

[@Nehash-ek3ti]

1:28:02 RULE 88D

[@shivenjangale3213]

1:03:00 RULE 88B

[@kirangarg0218]

Sir, jb hme pta h jo ITC ineligible h, hme uska claim nhi lena to hm use sath k sath hi reverse q nhi kr dete????

[@akash19292]

Hume pahele pata nhi hota jab tax department se notice aya ya kisi aur source pata chala toh reverse karte h baad mai

[@sameersam-tn7zf]

Thank you, sir, for providing us regular lecture.❤❤🙏🙏

[@ishamhd4125]

Thnks sir❤😊

[@Roshan51002]

Inn questions ka pdf nahi hai ?

[@nishajain7870]

Thank you sir 😊

[@rivamarathe]

sir Capital goods ka credit block tha na manufacture ke liye use kiya isliye..fir itc kyu claim kara uspe

[@amanmalik8095]

Hn ismai ya tow depreciation lo ya fir ITC claim karo ek he chiz ho sakti thi aesa he thana shayad

[@rivamarathe]

@@amanmalik8095 okk

[@sudhanshu981]

Jb jb sir otc bol rhe the Mann me roman chl rha tha only tribal chief 😂

[@atharvanarse6152]

1:28:05 88D

[@sumraj..hehehehee]

1:41:30

[@mehfuzshaikh4513]

2:18:13

[@meetpatel7090]

1:15:00 delayed payment

[@IshanpariharParihar]

Yes

[@ananya__7775]

54:22

[@anishjain7086]

0:00

[@futurecasaurav6504]

Hello sir 😊

[@himanshuvarmaa]

1:57:29

[@himanshuvarmaa]

48:44