Rashtra vijay

How much gst and to whom we need to pay if we r getting it from manufacturer and selling it online?
Normally if we purchase any product and resell it then we pay gst to manufacturer and get it from customers and its difference we pay to government every month.
But if we sell material to ecommerce portal then they also deduct the gst. Means we are paying it to manufacturer and also to the ecommerce portal. So is it correct? customer is paying only 1 time gst but here we are going to pay gst of the selling price to ecommerce portal and also to the manufacturer, In this case we are technically paying more.

Please suggest some answers if i am confused.


TARIQUE RIZVI

TAX AUDIT IS STILL GOING ON BECAUSE THE DUE DATE FOR FILING INCOME TAX RETURN IS 31ST OCTOBER 2018. BUT JUST BECAUSE OF THOROUGH LEDGER SCRUTINY INPUT OF CGST, SGST AND IGST IS GETTING GENERATED DAILY BUT SINCE THE LAST CHANCE OF TAKING EFFECT OF INPUT OF CGST, SGST AND IGST HAS ALREADY GONE AFTER FILING THE GSTR-3-B FOR THE MONTH OF SEPTEMBER 2018 WHETHER ANY FURTHER CHANCE SHALL BE GIVEN TO US FOR CLAIMING SET-OFF OF CGST, SGST AND IGST. PLEASE GUIDE ME AND OBLIGE.



Anonymous
20 October 2018 at 13:54

Audit report under form 10 b

A Trust is registered under Bombay Public Trust Act but NOT Registered U/S 12 A of Income Tax Act. Its total Revenue is 19,31,037/- and Net Surplus is Rs. 3,48,466/- for the Assessment Year 2018-19.
The Trust is getting Audit Report Under Form 10B and filling Income Tax Return. It also claimed the Deductions towards Capital Expenditure U/S. 11.
Kindly guide whether the audit without Registering U/S 12 A is correct or what should the Trust have to do.



Anonymous
20 October 2018 at 12:17

Codes for nature of business

A Pvt. Ltd Company deals in shares trading and gives loan to its subsidiary and others and makes investments
in debentures, mutual fund etc.

It is going to file its Income Tax Return for A.Y. 2018-19. Till A.Y. 2017-18, it used to select following codes

Trading-Others (0204) and Financial Service Sector-Others (0809)

Since now codes has been changed, please advise which codes should be selected.


shivam jain
20 October 2018 at 12:12

Return for f.y 2017-18

income tax return for f.y 2017-18 can be filed or not without penalty ????? if income is below rs 2,50,000



Anonymous

Our company has provided a car to our consultant. Driver salary was given to him with professional charges bill (A consolidate bill was raised by him Professional fee + driver salary) & TDS was dedcuted u/s194J @10%. Now he seeking reimbursement of driver expenses separately to save TDS). Whether reimbursement of driver salary can be treated as expenses in this case.



Anonymous
20 October 2018 at 10:05

Accounting of import of goods

Please suggest me accounting entry of below entry of import? Whether it should be recorded all amount of invoice in purchase account (cost of product) or record other cost seprately?

Goods cost 349551.44
Add : Bag fees 6700
Add : Insurance 577.5
Add : Freight 14300
Total Invoice cost 371128.94

Terms of delivery is on CIF basis.


S B G and COMPANY

SIR,
ON 26.09.2018 GST REGISTRATION CERTIFICATE ISSUED BUT IN AUGUST AND SEPTEMBER JUST 15 DAYS EARLIER I HAVE MADE SOME FABRICS PURCHASES AND ALSO PAID 5% GST ON IT.
CAN I AVAIL THE ITC BENEFIT OF THOSE PURCHASES.


Karan Verma

Can a PCS - State Government Employee hold agricultural land. Land is already held by him before he was PCS officer and all the workings related to agriculture is being done by his family member and agricultural income is directly credited to Original owner (PCS officer), no time devoted by Government officer.
I want to ask if he can hold agricultural land in this form and show in ITR, income from agriculture which is directly credited to his account less expenses given by him as agricultural income and salary from state government under head salary?


Hins
20 October 2018 at 01:08

Re:foreign donation/remittance rules

Respected Experts,
My sister is suffering from CKD(Chronic kidney disease)..Its a very critical illness where both kidneys stop functioning & one needs dialysis to breathe.The second option is kidney transplant.All this is way too expensive for middle-class people like us..There is an organisation in the US willing to help us ..They start an online petition and pass on whatever donors give for our cause..But I can't open a Paypal account coz Im not a trader/freelancer..this money is like donation..But from foreign land..How can I receive it in India?Are there any provisions..Plz help..I need this money v.v. desperately to save my dying sister..Am grateful to all of u for time and advice..Thanx a lot.






CCI Pro



Answer Query

Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details