Sir/Madam,

We are a manufacturer of Polythene bags & sheets (LDPE,HDPE,Polypropylene). As per 37th meeting of GST council reduced GST rate for some packing materials. The following line is taken from 37th GST council meeting press release.
"A uniform GST rate of 12% on Polypropylene/Polyethylene Woven and Non- Woven Bags and sacks, whether or not laminated, of a kind used for packing of goods (from present rates of 5%/12%/18%)"
HSN Code of Our Products are : 3923, 3921.
Please inform the new GST rate for the above HSN code products.

My daughter is pursuing her MS(Engg) in Australia. She has taken Educational Loan from a Nationalized Bank in Chennai. She passed out her Higher Secondary & her Graduation in Engineering- both from Board / University- recognized by State Government(Tamil Nadu). Appreciate if any one can clarify me on following:
i) Whether I am eligible to claim deduction under 80E,
ii) Is there any requirement that her Present Course needs to be approved by our State/Central Government, for eligibility to claim deduction under 80E.

A wholetime Director is obtaining remuneration in a private company. Can he be appointed as wholetime director in another private company and get remuneration?

hi experts.

Please help me to know that our purchasing company had not been raised few credit notes for the fy 2018-19 against our debit notes. We are already been shown this in our gstr3b at that time.

Me would like to know what solution in GST to include these credit notes also in the fy 2018-19. please also let me know any other solution.

Thanks in advance

regards
Rajesh

TAX AUDIT U/S 44AB TURNOVER PLEASE EXPLAIN,
1)HAVING SALES RS.50L PLUS CLOSING STOCK RS. 65L, TOTAL RS. 115L
2)HAVING SALES RS.0, PURCHASE RS,3.5CR, SO SHOWING CLOSING STOCK RS.1.5CR

I am a Professional having a Proprietorship firm. I have taken office space on Rent and incurred expenditure for constructing office ( Painting, electrical fittings Sanitary work etc), are these expenditures allowed.
Please Guide me
Thanks

How to write self declaration of termination / transfer within one year of articleship?

Dear Experts,

Refer : GST (CT) Notification no : 49 dt 09.10.2019

3. In the said rules, in rule 36, after sub-rule (3), the following sub-rule shall be inserted, namely:-
“(4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37, shall not exceed 20 per cent. of the eligible credit available in respect of invoices or debit notes the details of which have been uploaded by the suppliers under sub-section (1) of section 37.”.

Kindly explain with suitable example above said point.

Kind Regards

V.Ragavan

Hi!

We issued some GST invoices 2-3 months back, however, no goods have been moved against said invoices.

Now the company wants us to issue fresh invoices to release the payment.

What is the right course of action?

As per Circular No. 18/2017 Payment made to “local authority” is exempt for deducting of TDS. They are not required to apply for exemption certificate. So while filing returns if the interest paid to “local authority” is more than Rs 40000/- & if TDS not deducted by bank then what Reason for Non-deduction/ to be mentioned to avoid TDS demand