PLEASE CLARIFY IF THE SALE AMOUNT IS NIL FROM 1..4.2020 TO 30.9.2020 BUT THE SELLER RECEIVED THE AMOUNT RS. 200000/- BEFORE 30.9.2020 AND AMOUNT RECEIVED AFTER 1.10.2020 RS. 5500000/-. PLEASE CALCULATE THE TCS AMOUNT .
THANKS
Dear Sir/Mam,
I have business of Construction and I deal in Bricks, Cement, Sand, Steel etc.
Till last month, i was doing business with private sector and this month I got a project of State Government. Thus, please guide, How to raise sale bill to state government ? Is it treated similar like private sector and billing will be same as of private sector company ?
Further, I have my company in Uttar Pradesh and i got project from Haryana Government.
Please guide.
My liability is more than auto populated, which amount to pay, the bills by GTA ate probably not uploaded which ate raised after 11th December,20.
2
Claim of ITC is less in 2B then 2A, which one to claim.
We have purchased goods of 5 lakhs and the seller issued invoice in our name although goods are not delivered from his godown. We lifted goods from his godown after 20 days by motorised vehicle. Is this according to gst provisions . Please explain?
We have purchased goods of 5 lakhs and the seller issued invoice in our name although goods are not delivered from his godown. We lifted goods from his godown after 20 days by motorised vehicle. Is this according to gst provisions . Please explain?
Answer nowSIR
We are a manufacturing unit and have planned to advertise our product. For the purpose of shooting an advertisement, we have to send the finished goods to the shooting place.
And, after the shooting, the goods will be returned back to the factory. The goods value is Rs.2,00,000/-.
As this is not a supply, I think, No need to issue GST Invoice. Then, What are the procedures we have to follow?
Guide me plz
thanks in adv
I WANT TO REGISTER GST . MY BUSINESS PLACE IS ON MY MOTHER NAME THEN WHAT NATURE OF POSSESSION OF PREMISES I SHOULD SELECT AND WHICH PROOF CAN BE APPLOAD
Answer nowDear Sir / Madam,
There is a fixed asset - motor car which is to be sold at a price more than the book value which will lead to profit on sale of car. Also the Assessee, is not in the business of buying & selling of Car.
Whether GST is applicable at the time of sale ?
If yes, then at what value - sale price or profit ?
Can a Transporter take ITC of vehicle insurance of vehicle used for passenger/ goods transport service ?
Answer nowRespected Experts, we have filed our GSTR 3B for the m/o Dec-2020. But Table No. 3 & 4 are showing Red. There is some difference in ITC & RCM as per the details below :-
1) ITC on Import : - we have made the payment on 30-11-20, but goods have arrived on 02-12-20.
and the difference crosses the 10% variance. And some ITC of quarterly vendors.
2) RCM : we have made the RCM entry in Tile 3 & 4 on Ocean Freight & Local Freight.
We have done all the work of difference. My query is there any problem w.r.t. Red coloured tiles. Someone says that a Notice may be issued.
Also, suggest us on what basis we have to file our GSTR 3B either 2A or 2B?
Kindly suggest us.
Rakesh Sharma
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
TCS ON SALE OF GOODS