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Issue ID: 111181
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how to pay sell tax

Date 30 Nov 2016
Replies 1 Reply
Views 1400 Views
GST payment structure: taxes to be paid under SGST, CGST and IGST heads when payment procedures are released.
GST was not implemented at the time of the query; taxpayers should expect liabilities to be split into SGST, CGST and IGST and to pay under respective accounting heads once the government issues payment accounting codes and formal payment procedures. (AI Summary)

I dont have any idea.I need help please any one know can help me.

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Replied on Nov 30, 2016
1.

The Goods and Service Tax (GST ) is yet to be implemented . So as of now the actual payment process is not made public . However, to give a brief idea, i would say that there would be three type of payments to be made viz SGST , CGST and IGST . The payment accounting code would be released by the Government wherein the assessee shall have to pay their tax under respective heads. For more information you may refer to Draft Model GST Law revised. Thanks .

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