Sharief Shaik
14 August 2019 at 17:01

Gst sales

I have a GST Registration in Telangana say. what should charge (IGST or CGST/SGST) if I go to Karnataka and make sales there? is this allowed under GST law? or any separate Registration is required to do so?


CA Rapunzel

IF I BUY A NEW CAR IN EXCHANGE OF OLD CAR IN THE F.Y.2017-18 POST GST REGIME. AND I AM MAKING CAPITAL GAIN ON THE OLD CAR IN THE BOOKS. DO I HAVE TO PAY GST ON MARGIN EARNED?
OR THIS APPLIES ONLY TO DEALERS OF SECOND HAND CARS?


Rakesh Purohit
14 August 2019 at 15:03

Capitalized accounting

PURCHASE OF RS.10,00,000/- AND TRANSPORTATION CHARGES 99000/- IN SEPARATE BILL BY TRANSPORTER WHICH AMOUNT IS CAPITALIZED


rmalhotra

Sir ,
Ifimmovable property which is purchased before 2001 and sold in 2019 . Do we really need fair market valution done from licenced ( IT ) valuer . OR we can rely on Stamp Duty valuation of 2001 for calculation of LTCG . .How can valuer find Fare Market valuation of nineteen years back where as Stamp Duty Valuation as prevailing on that date is authentic official document .
Pls guide .


Jasbir Singh
14 August 2019 at 13:01

Sec 44ae

Dear Sir,

I have a query that in case of heavy goods vehicle for calculation purpose whether gross vehicle weight or unladen weight should be taken as there are a heavy difference on both. Eg Unladen weight 13 MT and gross vehicle weight 55 MT, So Whether income will calculate on 55 MT OR 13MT
brief of section are mention below:-


it is proposed to amend the section 44AE of the Act to provide that, in the case
of heavy goods vehicle (more than 12MT gross vehicle weight), the income would deemed to be an
amount equal to one thousand rupees per ton of gross vehicle weight or unladen weight, as the
case may be, per month or part of a month for each goods vehicle or the amount claimed to be
actually earned by the assessee, whichever is higher


Kutub
14 August 2019 at 12:20

Registration under gst

I have a small business in rural area having registered under Gram panchayat and having trade licence.and turn over is less than 20 lac. whether i am required to take GST No ?.
pls advice & guide


Ali Akbar S Brachwala

We have Leased out Machinery for Rubber product for a period of 10 Years. The Lease Rent is received every month. The title of assets remains with us at the end of the Lease period. We have collected GST from July,2017 on wards and paid the same regularly. Now the Tax Office has informed us that such lease arrangement attracts "cess" for which we are being held liable.
We need advise from experts on this issue.
What happens about the GST amount paid by us till date ?
Ali Akbar
aliakbarsb@gmail.com


AFSAL BABU K.A
14 August 2019 at 11:38

Applicability of gst

Respected Experts
one of our newly GST registered PWD contractor received contract amount from the government now. but the work done and invoice raised before GST registration. whether this amount liable for payment of GST or not. please reply......... Thank You


aao apgenco
14 August 2019 at 10:52

Foreign allowance

Please clarify the tax treatment of foreign allowance and the basic pay paid by the GOI to the employees on temporary deputation to the foreign country, both paid out side India in US dollars directly by Cash.


malikd

Sir,

We are engaged in automobile manufacturing company. We have outdoor caterer who serves foods to our employee in company. On caterers bill we are taking input credit in our books. Nominal amount of foods are recovered from employee & shown in their salary slip.Further we are also reversing availed input credit & showing under B2C in GSTR-1.

Kindly confirm whether it is correct procedure or not and if not, what is the correct procedure to be follow .

Thanks & regards
D Malik






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