P.SHANGAR
24 June 2017 at 20:04

Input tax credit on capital goods

KIND ATTN. SIR

THE ASSESSEE BEING A GARMENT MANUFACTURER YET TO BE REGISTERED UNDER TNVAT ACT , SINCE IN THE GST TRANSITION PERIOD, PURCHASED SEWING MACHINES DURING JUNE,2017 ( CAPITAL GOODS) WITH VAT INPUT TAX@5%, WITHOUT TIN .
KINDLY CLARIFY WHETHER INPUT TAX ON CAPITAL GOODS ON MACHINERY PURCHASED CAN BE CARRIED FORWARDED TO GST AS INPUT TAX CREDIT.
WITH REGARDS
CA.P.SHANGAR FCA




kiran g panchal
24 June 2017 at 19:59

INPUT CREDIT

a trader have no excise no.but he purchased excise goods and issue bill.but new in new gst act,excise amonts of purchased goods can be taken as input credit? turnover is 35 lack have a tin no.


Mahesh Agrawal
24 June 2017 at 19:32

Composition scheme

An assessee is a retail trader in gujaray who purchase goods from other state say maharastra but sold goods in gujarat only. Stock held by him is purchased from other state. Can he take registration under composition scheme.


R.RAMANATHAN
24 June 2017 at 19:21

Invoicing

Thanks in advance. Pl. clarify what is the rate of GST for Handloom Sarees. Whether new format of GST invoice compulsory from 01/07/2017?



Anonymous

one gst number for all the branches it was located in same city.how can we transfer the goods from central ware house to our chain stores.before we use to give stock transfer note .now in the gst what should we issue


MALAY DAS
24 June 2017 at 18:37

Stock on 30th june 17

respected sir
for claim ITC in stock hold on 30th june 2017 a unregistered trader in vat law but after
registration in gst and has purchase invoice can get full ITC on it or 40%.? please advice thanks............


kamlesh
24 June 2017 at 18:34

e way bill

I am a trader dealing in exempted goods like paddy and wheat. Wheather the provision of e-way bill would also be applicable on me??


Bhavana Lalwani
24 June 2017 at 16:51

GST on rental income

if an assessee has given his residential property for commercial use on rent,what will be the impact of gst on that assessee? what will be the answer if assessee has given commercial property for commercial use on rent?


naveen
24 June 2017 at 16:08

Gst Provisional No.

I have partnership firm. Provisional gst no contains Pan no. of the firm but my provisional gst no contains the pan no of partner. It is ok? pls its urgent.


RAVI
24 June 2017 at 15:59

Duty rate

Dear sir,

We are the manufacture of Control and Relay Panel under Chapter No 85371000 For Control and Relay panel, & 85364900 for Relays 85361010 for Spares Kindly confirm the GST Tax rates for the same..

Regards,
Ravi