GST payment timing: suppliers must remit tax monthly by the succeeding-month deadline; composition suppliers remit quarterly. Suppliers must remit GST monthly by the 20th of the succeeding month; cash payments are first credited to the Cash Ledger and debited when filing the ... Summary
GST payment timing: suppliers must remit tax monthly by the succeeding-month deadline; composition suppliers remit quarterly.
Suppliers must remit GST monthly by the 20th of the succeeding month; cash payments are first credited to the Cash Ledger and debited when filing the monthly return with the debit entry number shown. Tax can instead be paid from the Credit Ledger. March liabilities follow the same schedule payable by the 20th of April. Composition taxpayers pay quarterly. Payments are accepted daily between 0000 Hrs and 2000 Hrs.
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