https://www.taxtmi.com/circulars?id=57681 Advance deposit for registration as a casual taxable person must be calculated on the estimated net tax liability after accounting for eligible input tax credit. Long-running exhibitions exceeding the casual period require normal registration, use of allotment/consent letter as business proof, no advance tax for such registration, and surrender post-event. Excess credit improperly distributed by an Input Service Distributor is recoverable from recipients with interest and penalty; recipients may voluntarily repay using FORM GST DRC-03, otherwise recovery proceedings under the statute using FORM GST DRC-07 may be initiated and the ISD faces a general penalty. en-us Fri, 26 Oct 2018 00:00:00 +0530 Fri, 23 Nov 2018 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57681 Advance deposit for registration as a casual taxable person must be calculated on the estimated net tax liability after accounting for eligible input tax credit. Long-running exhibitions exceeding the casual period require normal registration, use of allotment/consent letter as business proof, no advance tax for such registration, and surrender post-event. Excess credit improperly distributed by an Input Service Distributor is recoverable from recipients with interest and penalty; recipients may voluntarily repay using FORM GST DRC-03, otherwise recovery proceedings under the statute using FORM GST DRC-07 may be initiated and the ISD faces a general penalty. Circulars GST - States Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57681