https://www.taxtmi.com/circulars?id=61160 A casual taxable person must deposit advance tax based on estimated net tax liability after accounting for eligible input tax credit. Long-running exhibitions exceeding the short-term threshold require normal registration with allotment letters as business proof and no advance tax for registration. Where an Input Service Distributor distributes excess credit contrary to rules, excess credit is recoverable from recipients with interest and penalty; recipients may voluntarily remit via the prescribed form or face recovery proceedings, and the ISD is additionally liable to a general penalty. en-us Thu, 01 Nov 2018 00:00:00 +0530 Tue, 28 May 2019 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61160 A casual taxable person must deposit advance tax based on estimated net tax liability after accounting for eligible input tax credit. Long-running exhibitions exceeding the short-term threshold require normal registration with allotment letters as business proof and no advance tax for registration. Where an Input Service Distributor distributes excess credit contrary to rules, excess credit is recoverable from recipients with interest and penalty; recipients may voluntarily remit via the prescribed form or face recovery proceedings, and the ISD is additionally liable to a general penalty. Circulars GST - States Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61160