Bernard

Sir,

Sir i have made 1500 entries in Tally ERP 9 Indian Rupees. Now i need to convert these entries to Omani Riyal ( Ex. INR/216). Is there is any easy way to convert these entries to Omani Riyal. I tried to export the Day book and divided the entries by 216. Then converted it to XML format, and import it to a new Tally ERP 9. But It's not working. Please help me in this matter.

Answer now

Manas
26 August 2024 at 11:50

MGT-4,5,6 applicability

Hi,

Is MGt-4,5,6 filining applicable to company formed through JV agreement where nominee shareholders are appointed and are holding shares on behalf of JV partner . Dividend is paid to paid to JV partners only.

Answer now

jaigurudev
26 August 2024 at 09:49

Wrong gst no in gstr-1

Dear sir,
i have filed gstr-1 of july2024 with wrong gst no of party and issued e way bill and generated e invoice also.now i want to correct the gst no of party please advice me as e way and e invoice can not be cancelled due to time bar
with thanks

Answer now

PARDEEP KAPIL
25 August 2024 at 11:31

Corporate Social Responsibility -CSR

Dear Sirs : One of my client, a Private Limited Company earned net profit (before tax) Rs.5.50 crores for period ending 31-03-2024. I undrstand that CSR is now applicable for period starting 01-04-2024 onwards. My query is (1) Party has to spend 2 % of Net profit before tax OR 2 % of net profit after tax. (2) Should I make a provision of this CSR fund in books ending on 31-03-2024 or not. Kind Regards

Answer now

vicky choudhary
25 August 2024 at 10:28

Hen politry farm registration

Sir murgi ka poltry farm ka registration ke liye kya banana parega
Gst, msme, fssai tino me registration lena parega ya or kuch pls guide me

Answer now

Mohanraj J

Hi
One School is organizing Students National Conference. For this conference students will participate national wise and paying registration fee to the Organized School.

In this scenario any GST attract for collecting the conference participating fee from outstation students?

Answer now

VIPIN GUPTA
21 August 2024 at 23:31

Form 9A and Form 10 Of Income Tax Act

Dear sir,
We are a society registered U/s 12A and 80G. We are having an FDR of Rs 2 Crores and on that the interest accrued but not received is Approx Rs 15 Lacs the interest gets added to FDR amount.

We are also falling short of 85% utilization of our Gross receipts. Sir my question is do we have to file two forms form no 9A for interest of FDR accrued but not received and form 10 for short utilization of 85%.
my second question is do we have to add the interest accrued but not received in total receipts and then calculate 85% or exclude the interest figure and then calculate 85%

Answer now

komal ameta
21 August 2024 at 15:13

Spice Plus - Name Registration

Dear Experts,
A Remark came from MCA asking for the following details for Name Registration process:

Kindly give me the required format for the same.

1. A declaration is required as per Rule 8A(1)(p) of Companies (Incorporation) Fifth Amendment Rules, 2019 stating that the requirements mandated by the respective regulator have been complied with.
2. NOC

Answer now

Shuhaib Hameed
21 August 2024 at 06:34

HSN reporting

Forgot to deduct the credit note issued figures of HSN in July 24 GSTR 1A. Should had given negative figures. Is it ok to deduct the same from August GSTR 1 HSN?

Answer now

dilip kumar chauhan

Respected Sir,

We are writing to seek your esteemed guidance regarding a matter related to the Goods and Services Tax (GST) law in India, specifically concerning the refund of CESS paid on coal used for manufacturing purposes under the Inverted Duty Structure.

Our company is engaged in the manufacturing of Steel & Iron, and we regularly supply our products to Merchant Exporters as well. As per our understanding, the GST law allows for a refund under the Inverted Duty Structure when the tax on inputs is higher than the tax on the output. However, we have encountered a situation where the refund of CESS paid on coal, which is a critical input in our manufacturing process, is not permitted under the current provisions.

Our Queries:

• We would like to clarify whether the refund of CESS paid on coal used in manufacturing is permissible under the Inverted Duty Structure, especially in the context of sales to merchant exporters.

We would be grateful if you could assist us in exploring any other avenues or provisions within the GST law that might allow us to claim relief or refund on the CESS paid on coal. Given the significance of this matter to our operations, we kindly request a prompt response to this query. Your guidance will greatly assist us in ensuring compliance with the GST regulations while optimizing our input tax credit utilization.

We appreciate your assistance and look forward to your valuable input.

Answer now