I want to know that what is payment schedule of GST Tax. Is it monthly basis or quarterly basis if the turnover is below 1.5 crore ?
It is on quarterly basis for person having turnover less than 1.5 crore in previous year or estimated turnover for current year is less than 1.5 crore.
However it is applicable from quarter starting January 2018. Till December 2017, you have to file GSTR-3B and pay tax on monthly basis.
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