Hi All

One of my clients is providing Rent a cab services. He has opted for 5% GST with no ITC.
He has provided services to Collector office in Maharashtra . His customer has asked to charge 18% GST in invoice. Can he do so? What are the implications of the same? If he collects 18% and pays it to Govt. Can Collector office take credit of the same?

Thanks in advance.

Hello SIr,

I need format of Indemnity Bond for refund of Excess payment of TDS.

Please give me format in PDF or Word.

Thank you,

Jignesh Shah

Dear sir / madam,

This is about compliance with articleship formalities. So in my friend case, form 108 (For completion of articleship period) has been submitted for the normal articleship period but form 108 for an extended period of 70 days has been missed due to covid 19 and closure of office for the past year

Now while filing the said form, a condonation fee of 10,000 is getting levied. So paying such huge fees for merely an extended period is unaffordable

Requested to let me know the way forward and help me out. Any connection with an internal person under the ICAI committee would be great to resolve this

An early revert in this regard would be highly appreciated

Also principal is ready to provide a condonation letter

Dear experts,

We have applied GST Refund against Deemed Exports on 02-04-2021 and Payment order issued in RFD-05 on 27-04-2021 at our GST Division and they sent to PFMS for Refund.
but it was showing as request for payment is pending at PFMS since 27-04-2021.
we sent a mail to helpdesk-pfms@gov.in but there is no respond.
kindly give any suggestion on this regards how to we will get the refund.

With Regards
K Rama Krishna

Can I make cash sales of Rs2 lakhs? The buyer is not giving pan no. Can we make cash sales? Pl advise urgently?

Is the payment to NASSCOM yearly subscription fee 50,000/- attracts for TDS deduction . If what rate of Tax is to be deducted - Telangana State

How to insert the formula for a cell
The values as below
If the cell value is <700. The result is 3600
If the cell value is 700 to 900 the result is 4500
If the cell value is 901 to 2000 the result is 5800

What is the formula if the cell Q5
RESULT CELL IS Q6

Would a local authority be covered under the definition of a body corporate as per Companies Act, 2013, as tax on vehicle hire charges are liable to be paid under RCM if the service recipient is a body corporate. If the recipient is a local authority, is it required to pay tax under RCM?
The definition of body corporate is:
“body corporate” or “corporation” includes a company incorporated outside India, but does not include—

(i) a co-operative society registered under any law relating to co-operative societies; and

(ii) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf.
Since the definition is inclusive in nature, can it be said that local authority is covered in the def of body corporate?

Sir,
A gst registered regular dealer tax liability and ITC claim statement summary download in gst portal in 20-21.
Itc claim as per gstr3b rs:12,50,000/-
Itc claim as per gstr2a/gstr2b rs:10,50,000/-
Question:
Dealer itc claimed accounting books entry invoices only rule 36(4) not followed
2.itc excess claim procedure calculated 36(4) rule.

My propritor ship GST firm has turnover of 22 lakhs during FY 2020 - 2021.and net profit is 1%• is Tax audit applicable in this case? Please reply?