EASYOFFICE
EASYOFFICE


Super Tradingcorpn
21 May 2017 at 17:22

Work contact

Is there any rate fixed of wct with government contracts in GST as I'm a govt contractor


Vatsal
21 May 2017 at 15:50

Gst on Coaching classes

What will be the gst rate on private Coaching classes like Jksc?


percy

what will be the effect of gst on my business of photocopy shop..my turnover is more than 20 n less than 50 lac... gst rate on paper...


Subramanyam
21 May 2017 at 11:24

Required my enquiry answer pls

we are coffee seeds purchase /rost and make powder packets sold company/ (Food and bevarage ) / as partner ship firm my enquiry is...... when sales ... 1)When preparing sales invs earlier we put tax slab as 5.5 %.. 2) from July-17 on ward what is slab need to put ?for local (KA), having branch in branch Tamilnadu,Telangana ? 3) If inter state sales invs tax slab is ? against H form ,agsinst c form slab ? 4) quary no :2 if applicable all in one Tax slab need to collect C form,H form as quaterly wise ? 5) in the returns shall we available tax input ? 6) inTally soft ware entry is Dr Debtors .. Cr sales... Cr out put Tax... from July onwards how to pass entry .....? When Purchase 1) shall we take in put in purchase inv? 2) if interstate purchase need to applicable C form ? 3)In Tally soft ware entry is Cr Creditors Dr Expenses Dr input Tax from july on wards entry is ?



Anonymous

resected sir,
i am a retailer dealing in iron.( i am not registered under central exise act now.) my purchase invoices contains 5 % vat only. and they dont evidence payment of central exice ( even i dont know whether they suffered cen vat or other duty or not)..now under gst iron fixed at 18% slab. now i will pay 9% of cgst and 9% of sgst from july unde gst..i get sgst input (vat paid ) at 5% on closing stock .then how much of cgst i will get as input on closing stock in obsence of central exice invoice.please discuss.
thanking you


kamlesh
21 May 2017 at 10:36

gst on food grains

dear sir I am a registered trader of paddy and wheat, i purchases paddy & wheat directly from farmers, and sales to registered miller, on purchases i pay mandi tax, i also pay UP VAT, so plz explain how does GST will affect me.



Anonymous

respected sir,
i have received provisional id from department. i want to know is what happens when i do not migrate my self in to gst.
as per sec 139 (1) every person reg under existing law shall be given provisional registration .then why this migration prosedure.please discuss
thanking you


virender

is it possible to purchase interstate without gst registration? in case annual turnover is belew 10 lakhs


Nitin Agrawal

I am a manufacturer of rice. We sell rice in various packing sizes like 10kg, 25Kg etc with our brand name. Will it attract any GST on it?

Thanks
Nitin


Rajasekar Venkatesan
21 May 2017 at 06:46

Gst for real estate sector

Dear Sir,

Currently for apartments booked by a person, there is net of 6% Service tax (along with VAT charges by respective state govenments). THis is due to the 60%/65% abatement provided for input of raw materials etc going into the construction cost - which has already suffered tax.

With GST regime, it is understood that real estate will face 12% GST as replacement of service tax and VAT

However, the article below highlight tow concerns.

http://www.moneycontrol.com/news/business/economy/gst-rates-under-construction-properties-to-attract-12-tax-2284599.html

a) The value of land is included in the amount charged from the service recipient.” These will be taxed at 12 percent with full input tax credit.
What does above mean? does it mean the buyer is taxed twice once for stamp duty/regn expenses on land cost & again 12% service tax?

b) The second point is on abatement as below:-
Earlier, both developers and homebuyers received benefits under the abatement scheme (reduced tax rate under a special scheme). Under the current service tax regime, for those buying an under-construction flat, an abatement of 75 percent was allowed, subject to the flat being less than 2,000 sq ft and sold for less than Rs 1 crore, taking the effective tax rate from 15 percent to 4 percent. Similarly, if the cost of the flat was above Rs 1 crore and the size of the unit was more than 2,000 sq ft, the abatement was reduced to 70 percent and the effective tax rate to be borne by the buyer was 5 percent. States also charged VAT over and above service tax. This has now been done away with, say experts.

So, if there is no abatement, will there be 12% GST on the total cost of flat, which will spike the cost exorbitantly.

Though it is still a beginning of discussion, the news causes worry to the flat buyers like me.

Kindly provide clarification / explanation on real situation

THanks and Regards

Rajasekar