Dear Sir/Madadm,

I have filed the Form 3B in Correct month but miss some invoice in GSTR 1.Same i have submitted in next month now i have received Alert from GST Dept to make the payment in current month.Amount is Equivalent to the tax amount of previous month.which i already paid in previous month.

Kindly advise solution for the above query.

THANKS & REGARDS
KRUSHIK

Dear Sir /Madam,

I have Some confusion that GST is Applicable on on Air Freight Import & Air freight Export.

X Ltd got MEIS scrips from an SEZ port (non-EDI port, say INALF1). Y Ltd buys the said scrips from X Ltd to use it against an import.
Y Ltd got the TRA (telegraphic release advice) in its name and the same is registered in a EDI port (say INCOK1). However, the Y Ltd could not utilise the said scrips and wants to now sell it to ABC LTD.

What is process by which Y LTD can sell the scrip to ABC LTD? How can Y LTD get a TRA issued in favour of ABC LTD from a EDI port (INCOK1)?

Hi

Please guide in brief accounting treatment of Capitalization of interest.

Thanks

Assessee has earned income from other source and capital gain in USA and paid tax at 10% on each (i.e on dividend income and CG)
Now question arise here as follow:

during the AY assessee is a resident in India and has a taxable income in India also and all the income including USA income briefed with example as follow:

1.Capital gain of USA after converting to INR and giving indexation benefit it is coming loss ( XX)
2.Income from other source including Indian income XX
Questions to be answered as follow
whether assessee is eligible for claiming rebate u/s 91 (DTAA) even though he has taken a indexation benefit while computing capital gain of USA in India?

If taxable services upto 10th of March 2020 Rs. 17 Lacs and Interest on FDR is Rs. 2 Lacs, Interest from outside deposits Rs. 5 Lacs credited on 31.03.2020, What shall be the date of liability for registeration under GST????????????

I need the latest format of XI A, B, C

Dear Sir,

a ( registered ) pvt. ltd. company hired boat on lease for diving ( business) purpose with unregistered person. Monthly rent Rs.1 lakhs.

1) RCM applicable or not
2) if applicable , then what is the gst %.

Kindly advice.

Regards
R.S.Pandi

HI,
NEED SMALL CLARIFICATION, ONE OF MY FRIEND ISSUE ONE MONTH NOTICE TO HIS COMPANY. AFTER ONE WEEK THE COMPANY RELIEVE AFTER PAYING ONE WEEK SALARY. BUT HE IS ASKING REST OF THE SALARY. THE COMPANY NOT WILLING TO PAY. OTHER STAFF THEY PAID FULLY. IN THIS CASE WHAT SHOULD HE DO. KINDLY ADVICE

the case of one of my client was under scrutiny for A.Y 2017-18 and in that year the assessee failed to get his accounts audited due to huge losses in the business and the turnover was around 15 cr during the year now A.O has issued the penalty notice u/s 271 B can you give any suggestion or any case law of similar circumstances so that penalty can be saved as my assessee is in huge losses and has shut down his business and has also sold his shop.