HUF,of whom myself is KARTA has leased premises on rent @ Rs.60,000 per month to a Nationalised Bank for a period of ten years w.e.f 1st.Nov 2016. Querry:What would be the effect,if any of GST on HUF,after 1 st.July,2017-Is it required to be registered,considering that Rental Income from Immovable property shall be Rs.540000(9xRs.60,000) for the remaining part of financial year 2017-18.(b)Who shall bear the incidence of GST, Landlord (HUF) Service provider OR Tenant(Bank) Service Receiver.Please advise.R.Dayal(26/5)The premises is being used as a Branch in a Commercial area.
Hi All
Our Company engaged in Freight Forwarding and Customs Clearance for both Sea and Air
On the Air Freight (on Import) there is no service tax till now. I would like to know what is the % of GST proposed on these
Ocean Freight (on Import) 4.5% Service Tax charged since July 2016 - What is the GST Rate for the same
Other than freight, on Clearance activitiy sofar 14% as Service Tax. What is the new rate of GST
I request any one can guide us in detail about GST for Freight Forwarding and CHA Industry
Regards
Bala
Dear Experts, please guide me from where do I read GST from the beginning, so that I can get it clear conceptually.
Sir, Please tell me how to adjustment of vat itc on dated 01.07.2017. and if old stock brought forward then which tax applicable , vat rate or gst rate.
Dear Experts,
I am trader of cosmetic products like beauty creams, we get manufactured creams from non excisable units .They sell us the product through cst invoice at 2%.We further sell at 13.125% vat on it.
1)In GST the cosmetic products are at 28% bracket.
My question is that stock lying with me on 30 th june will sell @28% GST on it and practically I have no input with me since all billing is at 2% CST. I have to pay 28%(15% extra) from my pocket, is there any gst provision which can help me save tax as addition 15% burden is implicated on me.
2) Post GST Implementation , as per my understanding my cost will increase by 15%. Is it right?? I will be getting bill from supplier/manufacturer @ 28% with GST.
WHAT IS THE RATE FOR RENTING OF IMMOVABLE PROPERTY. (TOWER RENT ON BUILDING)
Dear sir please tell me difference between from IGST; CGST; SGST in Gst Act
Does item 32 in the list of exemptions, mean that the fees we charge for a merger & acquisition transaction, shall be exempt from taxes ?
The exemptions include the following discription "
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;"
Request your advise
Pooja Roy
Strat Team M&A Advisors
When GST is will be applicable for ipcc students And Which is good book to study GST
what is the rate of gst for mobile accessories eg back cover, earphones, etc???
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Rent receivable from immovable property.