In case of Services provided by Govt., the licence fee is paid to State Govt. in February’19 but GST under reverse charge paid July’19 with interest. Will this be treated in financial year 18 – 19 and ITC cannot be claimed on it or since the GST was paid in July’19, it will be treated as transaction in 19 – 20 and ITC can be claimed on it in this month?
XYZ (Maharashtra) had given a Commercial property in Mumbai on rent to PQR for their office. PQR is registered with GST in Daman as a manufacturer. XYZ is issuing invoice to PQR in the name of office address in Mumbai and treating them as URD since PQR is not registered with GST in Maharashtra being having only office in Mumbai. For the rent charged, XYZ is charging CGST + SGST. Is it correct or they need to charge IGST?
DEAR EXPERTS
HOW CAN I PASS THE ADJUSTMENT ENTRIES FOR TDS ON CASH WITHDRAW.
WE WITH DRAW SOME AMOUNT FROM BANK, BANK CHARGED SUM AMOUNT FOR TDS ON CASH WITH DRAW HOW CAN I ACCOUNT & HOW TO PASS THE LEDGER ENTRIES.
Dear Expert,
We are into automobile sector , our vendor "X" has developed one tool and it is at his location , also the spares/ parts developed from it , will be supplied to us.
Vendor has raised GST invoice for the same where "ship to" and "bill to" is in our name.
Can we take GST benefit on the same ?
As per Rule 16 (2)(b) , possession of good is must for us.
Please clear my query.
SIR HOW DO I STUDY ANNUAL REPORT OF COMPANIES ,SO THAT I CAN GET BETTER UNDERSTANDING OF IND AS PRACTICALLY ,OR SUGGEST ME ANOTHER WAYS TO ENHANCE MY KNOWLEDGE IN IND AS
If we r running a business having small company if I took ptec on my company 's name then any need to take separate ptec for each director??
Dear Sir,
I am from Maharashtra. Could you please guide me on the Stamp Duty to be paid on a Monetory Gift Deed I give to my daughter. Could you send Format of Monetory Gift Deed?Do I have to register the Deed with Govt.? Where to Register?
Can register gta receipt of Rs. 63-00 against delivery charges attract RCM
Does the Partnership Firm having Roadways Business running totally based on commission is required to get GST Registration??
The Business running on Commission is covered under RCM.. Also the Firm doesn't own any vehicles in its own name.. They only provide the services on commission basis..
As per companies act 2013 standalone financial statement and consolidated financial statement of company can be approved in one board of director meeting
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
Eligibility of ITC