Sale Rs.1.2 crore, GST 21.60lakhs

Purchases 80 Lakhs, GST  14.40 Lakhs

GST Paid Rs.7.20 Lakhs (21.60-14.40)

My query is that 7.20 Lakh can i show in profit and loss A/C or Show in Current liability 

(That GST Paid in 12 months from April to march)

April to Feb-- 6.80 Lakhs

March --- 0.40 Lakhs

Dear Sir/Madam,

We are Private limited company in health care industry providing only "Continues ECG services" to our customers with our own device.my query regarding whether our come under Diagnostic Centre providing healthcare services As per GST and this Notification No.12/2017-CT Rate Dt: 28/06/2017 is applicable to our company also.

Please help me with this regard.

Surrender of income was made in SEPTEMBER, 2016 surrendering the business assets includes Purchases, Debtors, Machinery, Fixed Assets and Cash. Can amended Section 115BBE w.e.f. 15th December,2016 be applied on this case @77.25% or the old rate would be applicable as it is with effect from 1st April,2017. Please also clarify weather surrendering of Business Income Cover u/s 68 or 69. THANKS IN ADVANCE.

Hello everyone I need to create a Indian subsidiary company, Both Holding and Sub co are Indian company Please tell me the procedure for it . should i incorporate both company first and then make changes in moa ??

On proprietorship firm is under audit whose GST Number of has been cancelled from September 2018 whether he can claim input credit of purchase made from October 18 to March 19???

Dear Experts,
I havent received my refund for the AY 2018-19 yet and I have raised a re-issue request and I have received a message giving me a link to confirm my bank details but there is no HDFC bank in that list and later i have received a communication frm CPC saying that my bank account details given for refund in IT website is invalid which is coorect.... Is there any remedy??

Excess or Short Claiming of GST Input tax on Inputs and its implication in the Balance sheet of Business . and under which head it is to be shown in the Balance sheet

Dear Sir,

Can we claim ITC on motor Cycle. we have purchase motor cycle for business Purpose.

Dear Sir

We have filed the GSTR-1 and GSTR-3 for the month of May 2019. but in one invoice by mistake wrongly charged tax 12% instead of 5% please advise how to rectify the both return.

Dear Sir

We have give some amount to a firm by Cheque. he will return the same amount after 5 to six months please suggest in which group i create the ledger in tally

Thank you