Good afternoon All,

I have a query pertaining GTA services as follows.

if GTA take following service

Services Net amt CGST SGST
Stationery 5000 120 120
Purchase computer 40000 2500 2500
Total 45000 2620 2620
Total GST 5240

Then if, GTA provide GTA Services to dealers

Services Net amt CGST SGST
90000 2250 2250
Total GST 4500

or
90000 5400 5400
Total GST 10800

1. at the time of filing, if GTA paid the GST @12% then how much amount he will avail the Input tax credit ?
Answer 5240
or
4500

2. Is the recipient can avail the Input tax credit on the same ?

Answer Yes

No

Hello All,

I am a Director of a Pvt Ltd company and hold some share of the company(not listed) but doesn’t have any income or profit till now.

Also am working as a regular salaried employee in another pvt ltd company and income is less than 20lkh per annum

This is the only income i have, so wish to know which itr should i file for Fy19-20

Thanks

Dear Sir

Could you please help, to understand, whether from oct 2020 , we have to take ITC only for those invoices which is reflected on GSTR2A, Means uploaded on GST portal or still we can claim ITC on invoice basic.

Please revert on the same

Dear sir,
In fy 2018-19 turnover was 1.70 crore and had audit. Now in fy 2019-20 turnover is only 30 lacs, whether can opt section 44AD or had go for audit?

Dear sir,
what is the gst audit limit for fy 2018-19 ?

Dear sir,

Since Two Years i Have filled My IT Return Without Audit because of less Turnover
But This fy 2019-20 Turnover is 1.5cr so is it compulsory to Audit ?????
Once If i Filed Audit then every year to Audit or not ???




Please Suggest
Thank in Advance

Respected Sirs,

What will be the worse to worst consequences if we take the ITC into 3-B as per the books of accounts without comparing with 2-A or 2-B ?

Whether penalty shall be levied ?
or
Whether interest shall be recovered from us.

Please guide me and oblige.

Dear experts,
Is reverse charge applicable as per latest rules in following situation: Land lord is unregistered. Tenant is registered Property on rent is premises being used as commercial property Rent is Rs 30000/- per month.
thanks in advance

Respected Sir,

Till today I follow the practice taking ITC as per books only and I never compared with 2-A and at this moment too I think I should go ahead as per the past practice and rest of the matter shall be considered after Dec 2020.

Whether some notification may come on this issue.

I have heard that so many people are taking as per the books only. Any way we will see in Dec 20.

Sir/Madam
Please clarify the following doubts:
Private Limited Company Incorporated in Lucknow Uttar Pradesh
Has Board Meeting at Lucknow.
Director residing in Delhi attends meeting virtually
Directors Sitting fees is paid to director
Does Company have to pay CGST &SGST under reverse charge
or does Company pay IGST under reverse charge

Can ITC of tax paid under reverse charge on directors sitting fees be taken after discharge of tax liability.

Thanks in Advance.