What is input and output vat
And how it's work
Please explain the process

Partnership Firm Converted into LLP not sale how to avail GST Credit in new LLP? what to do before Partnership Firm
GST cancellation?

We request expert opinion on the following :

1. One concern employing more than 20 employees and the employees are covered under group insurance scheme.
2. Our query whether that concern is also liable for ESI if the employees salary is less than Rs.21,000/- even though they are covered under group insurance scheme.

We request expert opinion on the following :

1. One service provider having PF registration deputing worker ( who is also covered in PF list of the service provider) to one concern .
2. Our query is whether PF is to be remitted ( both for employer and employee) on the minimum wages applicable to the industry of principal employer or on the minimum wages applicable to industry of service provider?

XYZ Ltd. Is hiring Bus (More than 13-seater capacity) for transporting the employees. The supplier of bus service is not charging GST being not registered with GST and is a proprietor. Is XYZ Ltd. liable to pay GST on it under reverse charge?

Dear all'
I know about the LUT validity of an Export for a Financial Year. If an Export of service is made in the month of June and taken the LUT in the month of October Only,For filing Gst Return for the month of June is it move forward with LUT or by Payment of IGST basis.

Sir,
My client willing to purchase a proprietorship business in the same name which is sold by his uncle what will be the best treatment of stock and GSTIN.

If an employee resign from the service, accordingly he has to pay service bond as per terms of employment. In this case whether GST will be applicable on bond amount?

An assesssee who invest MCX COMMODITY tRADE. dURING THE YEAR ONLY 3 TIME TRADE DONE TOTAL PURCHASES 706000 TOTAL SALES 703250.DURING THE YEAR. aSSESSEE'S OTHER INCOME EXCEEDS TAXABLE LIMIT. hOW TO TAX COMMODITY TXNS

hi Team,
i am negotiating a settlement of refund ( Principal and Interest)with the builder as the possession is delayed for booked property. i have a question regarding the tax treatment of such money received
The Property was booked in 2012 and was supposed to be delivered in 2017, but not delivered till date
payments have been made between 2012 and 2017
Allotment letter was issued in Dec 2014, Agreement was signed in Apr 2013

1) I know that the Principal will be treated as Capital received hence no taxation
2) The interest that i receive will it be treated as a Capital or a revenue receipt
3) I have taken a home loan on the above property , and have not yet claimed any deductions under Chapter VI / Section 80C since it was an under construction property
My Questions
in case its considered as a Revenue receipt , can i deduct interest paid to the bank as expenses plus legal fees paid to lawyers etc as expenses and then pay tax ?
or will those deduction as expenses will not be allowed
All help will be truly appreciated
regards,
Ranpreet