https://www.taxtmi.com/circulars?id=57552 Clarifies that advance tax for a casual taxable person must be calculated on the estimated net tax liability after eligible input tax credit, that long running exhibitions beyond the casual period require normal registration with allotment letter as proof and no advance tax at registration, and that excess credit distributed by an ISD is recoverable from recipients (voluntarily via FORM GST DRC 03 or by tax demand proceedings using FORM GST DRC 07), with the ISD also liable to a general penalty. en-us Fri, 26 Oct 2018 00:00:00 +0530 Sat, 27 Oct 2018 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57552 Clarifies that advance tax for a casual taxable person must be calculated on the estimated net tax liability after eligible input tax credit, that long running exhibitions beyond the casual period require normal registration with allotment letter as proof and no advance tax at registration, and that excess credit distributed by an ISD is recoverable from recipients (voluntarily via FORM GST DRC 03 or by tax demand proceedings using FORM GST DRC 07), with the ISD also liable to a general penalty. Circulars GST Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57552