As per the understanding of GST a registered retail dealer can avail Excise Duty paid on his purchases from the manufacturer using the Transitional Credits. As the dealer is a retailer during VAT regime he didnot avail the Excise duty and the same is included in Purchases. In GST even retailer can utilize Excise duty is my understanding.
So as per this we have taken Rs.1,50,000/- as transitional credits which we got in CGST.

My question is what is the entry in books of accounts to give effect to the same .

HI,
WHAT IS THE DIFFERENCE BETWEEN PROFESSIONAL TAX AND PROFESSIONAL TAX PAYABLE
AND WHAT IS THE JOURNAL ENTRY FOR THE SAME.

Sir,
I got the Message my Provisional Id of GST has been canceled .Apply for the new GST number, as a contractor i got bill in the month of nov 17 to mar 18.If i have to apply for new GST than how can i submit the GST for last year .

Please guide.

Dear sir/madam

I want to file cost audit 12-13 for Pharmaceutical company now so can u suggest me the format of cost audit report

can u confirm that can i go with cost audit rules 2011 for FY-2012-13

Please clarify sir.....

Thanks in advance

we want to pay travelling exp to our employee which is approx. 10000.00 per month
payment by cheque.
we will reimbursement this exp. in our books of accounts
& this is not a part of salary.


my. q. is how to show this exp in salary slip.
is this exp will reflect in form-16

thanks in advance

Sir,
My client is registered under GST. He is filled all his GST Return for F.Y. 2017-18 i.e. GSTR 3B and GSTR .
In Sep 2018, at the time of audit he got his missing purchase invoice of DEC and Jan Month.
which ITC not claimed in GSTR 3B of relavant month.

Now what can i do?

Sir,

Today I had paid TDS Challan online but by mistake section mentioned 196c instead of 194C

Please how to rectify the section and what is the procedure kindly explain

We have to online or through Bank

Thanking you

We are based in Gurgaon and providing erection service of Cannopy for petrol pump. We get contract from all over India. At present we are doing contract at Chennai for this we have hired big carnes and other equipments from delhi.
The delhi concern is billing us at gurgaon and charging IGST. Is there any doubt that we should not be allowed IGST. We do not have any registration at chennai.

It will be greatful if someone urgently send me an excel format for reconciling the Electronic cash ledger and credit ledger with books.

Are 12A & 80G registration for Income Tax Exemption done by online ? If yes, how it is done and from which website it is done ? Please guide me ?