HI,
Can a director give gifts of his shares to his mother-in-law who is also a director in the same private limited company?
If yes what are the provisions which must be kept in mind?
Thanks
we are running a small eatery, registered under gst. My query is if we charges 5%gst on food items
shall we get input tax credit on purchase of food items like rice,,sugar, oil etc. Please give your valuable suggestions, Thanks in advance.
K.B.Nagesha rao
SUPPOSE THE ORIGINAL INVOICE VALUE IS RS.100 BUT INADVERTENTLY E-INVOICE IS CREATED OF RS. 105 AND THE TIME LIMIT OF 24 HRS TO RECTIFY THE MISTAKE IS LAPSED.
IN THIS CASE IF WE WANTS TO GENERATE CREDIT NOTE, IS IT MANDATORY TO GENERATE CREDIT NOTE IN E-INVOICE SITE OR ANY OTHER SOLUTION IS THERE ? PLEASE CLERIFY.
whether TDS applicable on discount amount also.
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 ?
Gift of shares by director to her mother in law who is also a director