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



Anonymous
24 June 2017 at 15:35

Credit of cst paid on purchases

Dear Sir,

We purchased material on 15.06.2017 from out of state, on which CST Tax collected by the supplier. Shall we eligible to claim this CST tax under GST


Abhishek Goel

Suppose 5% GST rate is applicable on the goods we sell. Now we have taken rs 105 as 50% advance(100+5 for GST) from customer.& Sales value is 200.

Option 1:

Upon receiving advance payment:-

Bank a/c dr 105

to GST pay. on adv 5
to Customer 100

GST pay. on adv dr 5
to Bank a/c 5


At the time of making sales:-

Customer dr 205

to Sales 200
to GST payable 5

GST payable dr 5
to Bank 5


Option 2:

Upon receiving advance payment:-

Bank a/c dr 105
to Customer 105

GST paid on adv dr 5
to Bank a/c 5

At the time of making Sales:-

Customer dr 210

to Sales 200
to GST payable 10


GST payable dr 10

to GST paid on adv 5
to Bank a/c 5

Please reply !


Shivraj Shintre
24 June 2017 at 15:23

tax liabilities

What is tax implications if composition dealer purchase from URD since sec 9(4) which is for RCM for purchase from urd is not applicable to composite dealer



Anonymous
24 June 2017 at 15:23

Hsn code

pls tell us HSN code for Supply Of Tangible godds


REKHA.AR
24 June 2017 at 14:57

Composition scheme

Hi all.... I want to know whether composition scheme can be availed to Wedding and Event Management company running in Tamilnadu having turnover annually within 75 Lakhs.If yes what is the rate of tax to be paid?


KAMAL KISHORE AGARWAL
24 June 2017 at 14:41

Kamal Kishore Agarwal

I am registered in Service Tax. Financial Year 2016-2017 in below 10 lacs hence in current financial year Service Tax not Applicable. I also sale products. This year sale and commission should be below 20lac. Already migrated to GST. what to do as GST is not applicable to me now


TARIQUE RIZVI
24 June 2017 at 14:29

Sale bill gst format

How to come to know about the list of selling items upon which GST has to be charged and at what %. How to download the format of the sale invoice :


vinod bhagat
24 June 2017 at 14:27

gst regn

I m mobile phone retailer and I have service center too.my business turnover is 17-18 lac per annum. I am purchases mobile phones and accessories from other state. now my supplier asking me that if I did not reg with gst tax liability on my purchases arises on himself. I am confused on whole matter so Plz ans me is it true or false. and one more thing as I have service centre is there any tax payble ?


vinod bhagat
24 June 2017 at 14:23

gst reg

I m mobile phone retailer and I have service center too.my business turnover is 17-18 lac per annum. I am purchases mobile phones and accessories from other state. now my supplier asking me that if I did not reg with gst tax liability on my purchases arises on himself. I am confused on whole matter so Plz ans me is it true or false. and one more thing as I have service centre is there any tax payble ?