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?

Dear Experts, If I place order to contractor for installation after the installation how can contractor raise GST invoice to me if he registered if he not registered. who is responsible for deposit GST ..

GST....QUERY Profession Tax is applicable or not. what is the procedure of pay p tax in maharashtra.  When Applicable GST in maharashtra.

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

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