A is a registered service provider under existing Service tax. His gross earning is between 10- 20 lakhs and he does not expect it to go to 20 lakhs with in next 2 years. Hence he does not want to migrate to GST. and he is not taking any steps for provisional registration in GST.
Please advise whether he will be automatically migrated to GST (or compulsorily he has to apply for provisional registration?) and he will be required to apply for cancellation by submitting form 28 of GST REG? Or he is not required to take any action from his side until his gross earnings reach 20 lakhs?
My question related to excise input credit being unregistered dealer under central excise.
I am vat registered dealer, but not registered under central excise. We resale the material to retailers.
My questions are:-
1. We buy some material from manufacturer (with excise exempt unit) from other state.
Can we take CGST credit of 40% on transitional stock which supplied by ssi unit or sez enjoying excise exemption?
2. We buy some material from importers. They give us invoice with only 2% CST shown.
Can we take CGST credit of CVD & SAD on transitional stock which supplied by importers.
3. We buy the excisable goods from the authorized dealer /distributor of some manufacturer who is also unregistered dealer under central excise. Producer give them Invoice as per central excise rule Basic + excise + cst/vat, but distributor sell the material to us at price including excise (without any indication of excise amount) + vat.
My question, how to avail input tax credit for the closing stock on account of excise already been paid but no value shown as bought from distributor under vat invoice.
Regards,
Sandeep
My question related to excise input credit being unregistered dealer under central excise.
I am vat registered dealer, but not registered under central excise. We resale the material to retailers.
My questions are:-
1. We buy some material from manufacturer (with excise exempt unit) from other state.
Can we take CGST credit of 40% on transitional stock which supplied by ssi unit or sez enjoying excise exemption?
2. We buy some material from importers. They give us invoice with only 2% CST shown.
Can we take CGST credit of CVD & SAD on transitional stock which supplied by importers.
3. We buy the excisable goods from the authorized dealer /distributor of some manufacturer who is also unregistered dealer under central excise. Producer give them Invoice as per central excise rule Basic + excise + cst/vat, but distributor sell the material to us at price including excise (without any indication of excise amount) + vat.
My question, how to avail input tax credit for the closing stock on account of excise already been paid but no value shown as bought from distributor under vat invoice.
Regards,
Sandeep
Dear Sir,
I am working with packer and movers services
the service of packers and movers are packing, Loading,Unloading, and transportation and service tax rate 15% but same service by cargo and logistics co. charges 5% service tax please clarify and also want to know after gst what is the service tax rate both services
I have my restaurant and i have clients who pay advance to me at the start of the month and they eat food daily. Do i need to issue invoice to them daily for daily consumption under GST or i can issue consolidated invoice at the end of the month ????
Sir,
I want to Supply multiple items of different category of Tax Rate as mentioned in GST Act, say Item A 5 %, Item B 12%, Item C 18 % & Item D 28% , and Lastly Chaged Freight , Insurance & Packing & forwarding Charges on this bill, What will be the GST rate of Freight
What will be the impact of GST on Foreign currency exchange brokers?
GST....QUERY Profession Tax is applicable or not. what is the procedure of pay p tax in maharashtra. When Applicable GST in maharashtra.
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Gst rate on hosiery