Dear sir,
Whether Turnover for GSTR 9 is only GST turnover or Total turnover including Service tax for 2017-18? Kindly confirm.
Sir, I ad formed a partnership firm and started to construct residential flats for business purposes. Construction has already started and advances has also been received from clients. Now I have to filr ITR for AY 2019-20. Please let me know the following:
a) Which ITR should I use ?
b) Where to show amount invested in construction and advances received from the clients ?
c) As there is no income during the year, where to show the same ?
Is rs 50/- per meal coupon per day per person is the maximum limit under tax benefit or we can claim even more than that as one spends almost more than 8 hours @work and consumes a breakfast and lunch and a snacks or Lunch and a snacks
In my audit paper I qouted wrong section in an answer but the provision was absolutely right so whether I will get any step marking for the
remaining answer or the examiner will cut the whole answer
A firm is engage in the business of labour supply to his client by deploying manpower from contractor with predifined margin. On the basis of record with client ( attendance record etc.), firm is raising the periodic Bills (GST TAX INVOICE)to his client and paid GST accordingly after taking the Input Tax Credit from his contractor. In summary the business model is -
Input from Contractor + Own Margin = Output
Service to Client
The query is
If the Firm is raise Output Service Bills without Input Service ( By way of proper Tax Invoice from Contractor) and recognise his revenue and to math the revenue estimated expenditure is also provided for the month and after receiving the actual Tax Invoice from ( after 1-2 months ) Contractor claim ITC.
For ex. In April Output Service Rs. 100 Lakhs, Input Nil In June Output Service Nil , Input Rs. 80 Lakhs.
1.Is there any violation of GST provision by following above practice ?
2.Whether Month to Month booking on back to back basis is mandatory under GST Law ?
Consequences of Late filling of ITR 7 for Ay 2019-20
I sold goods to Haryana but due to delay in supply Haryana rejected my material, consequently found new buyer for the same material at Rajasthan and Iam registered at Delhi.
I want to deliver the rejected goods directly from haryana to rajasthan, how to make eway bill
Dear Sir / madam,
we are having one firm doing business in the nature of FMCG products trading ,
we can use for internal transfer or vehicles will be used for transportation of goods to customers,
can i use ITC for the purchase of that vehicle ..
Hi Sir,
We are taking service of GTA from a person in Telangana with whom we have annual rate contract, we are contacting with them when ever we need a service in Telangana and in other state.
For Taking service in Telangana, the bill and consignment note both have gst number related to Telangana so we are paying csgst on rcm basis, but when we asking them for service(inward supply to the company) from other states, they are issuing bill having address and GST number with Telangana state and consignment note which is issuing by the branch of other state of GTA provider quoting their branch GST number.. whether we should pay igst or csgst on rcm basis please clarify in this regard
Thanking you,
M Narender
9052008936
Dear Experts
With effect from Feb 2019, a trader under composition scheme, can also supply services upto 10% of total turnover or 5 lakhs whichever is higher. Whether the following would be conisdered to calculate the 5 lakhs limit
1) Director salary
2) Interest and salary from partnership firm
3) Rent of house for residential purpsoe.
Please clarify
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Total turnover for GST audit