Respected Experts,

We are importing machinery from Japan. We are paying GST around 37 lakhs on the said import. My query is
1) Wether the availed input tax can only be adjusted in Central tax? if so the
2) How long the input tax can be carried forward?

Please clarify.

What rate of charge of Tds to applicable for C&F Agency..... and Tds to be deducted before value of GST in C&F BILL...

Pl clarifi

Is Form 10BA essential to get benefit of rent paid under sec 80GG?
There is no option to submit this form under efile- income tax forms- ( Form 10BA is not listed there). In such case how can this form be filed?

Does everybody having GSTIN should file annual return? Is there any turnover slab? If some body got registration in February or March last year with negligible outward supply, does he require to file GST Annual return?

If a state /central govt employee withdraws his balance in general provident fund before retirement for personal purposes will it be taxable .

Dear sir,
when applying for new registraing what is to upload for document for trade name in case of proprietorship ?

Please advise :

1. In case assessee issues sales invoices below two lacs in a day and various transactions in a year to single buyer.

2. In second case Some of the sales invoices are above two lacs out of which he received cash below Rs.2 lacs per sales invoice in a single day/ transaction and the difference amount (invoice amount less cash received) is received through banking channel.

3. Overall Limit of Cash receipt as Unsecured from a person is Rs.20000/- or 10000/- .

Is there any restriction to receive cash in the above circumstances under the provisions of Income Tax.

If NRI opts u/s 115I ( Chapter not to apply if assess so choses ) in Chapeter XIIA ( Special Provisions relating to certain income of NRI. and is to file return u/s 139(1) but has got interest income in NRO Bank a/c and is classified u/s 195 of ITax Act FOR TDS , then in such situations will he be still required to be charged tax @20% on interest income OR it can be treated as normal interest income under head ' Income from Other Sources ' ( as he opts section 115I ) and tax be calculated as per normal applicable slab rates.

In such cases where TDS is u/s 195 on interest of NRO a/c but assessee opts normal slab rates u/s 115 I , and file return u/s 139(1), will it be correct as per law

Income tax return file केला आहे .
परतु purchase bill not account add केल नाही.
परतु Gstr 2 Purchase bill show दिसत आहे
तर purchase bill कसे add करावे?

Please give your valuable suggestion that is GST applicable on Discount