Clause 27(a) of Form 3CD :
Amount of Central Value Added Tax Credits/ Input Tax Credit(ITC) availed of or utilised during the previous year
and its treatment in profit and loss account and treatment of outstanding Central Value Added Tax Credits/Input Tax Credit(ITC) in accounts.

CENVAT/ITC Amount Treatment in Profit & Loss/Accounts
Opening Balance
Credit Availed
Credit Utilized
Closing /outstanding Balance

What does the Input Tax credit ( ITC) ? Is it applicable to GST and 3 months VAT?
There is no notification about it,though it appears in 3CD schema .
How we will deal with this clause?
Experts,Please clarify
Best Regards

Dear Experts,

Whether recently introduced Rule 9A of Prospectus and allotment of Securities Rule, 2014 is applicable to NIDHI Companies?



Thanks in advance

Dear sir,

We have wrongly taken input credit month of Dec'2017, after all clarifications this month we have decided to reversal the input so how much rate of interest and which date i have to take to calculate the interest i.e Supplier invoice date or GST filled date.

Dear sir kindly reply my Questions

My company providing Engineering advisory service to USA based company regularly ,
Bank person asking Softex filing ,

My Question:
1.What is Softex filing
2.It is applicable for our company

kindly reply

I have written following application to keep the penalty proceedings in abeyance.
can anyone please verify if it?


Sub: Request for keeping penalty proceedings in abeyance

Ref: Penalty order in case of Assessment of XXXX (A.Y. 2010-11) PAN: XXXXXX


This is my humble application with respect to above subject.

1. With respect to the penalty order for the AY 2010-11 in my case, I have filed an appeal before the learned Commissioner of Income Tax (Appeals-9) against the said order.
Attached - Form 35 for your reference.

2. With respect to the assessment order for the AY 2010-11 in my case, I have filed an appeal before the tribunal of Income Tax (I.T.A.T.), Pune and the said appeal is pending for disposal.
Attached - Form 36 for your reference.

3. I am a salaried person and will need to take the personal loan for paying penalty amount. This will create a big financial trouble to me as I am the only earning person in my family.

4. am not in a position to pay the entire amount demanded. However, I will pay 20% of the penalty amount demanded. I, therefore, request you to kindly keep the penalty proceedings in abeyance till the disposal of quantum appeal by the CIT.

6. As mentioned earlier the penalty appeal procedure has already been initiated and I hope that the case will soon reach to disposal. I will try to follow up and expedite the procedure from my side.

regards,

Club has Appointed outside caterer to run the canteen( Caterer buy raw material than prepare food0 Food Being Served by waiters /server of club
Premises where canteen is located is belonging to Club, No Rent Is being Charged by Club to caterer .( Room Tariff Iis below Rs 7500/ in club)
Caterer Charge @18% Being Outsider
Club also Charge to members @18%
What Rate should be charged by caterers on Club ? 5% or 18%
What Rate Club Should Charge to members ?

Secondly Canteen Contractor also Supplied food for party and Function and Charge For Food @ 18 %
Club Provides Bundle of Services to Members Including Hall, Food being Supplied by caterer
Caterer Raise the bill on Club and Club Raise the bill on members .and charge 18%
Suppose Cater raise Invoice directly to members What Rate Should be charge by caterer ?

Defination of canteen and caterer is not well explained ?

Mahendra Doshi
11/09/2018

I want to know whether I can get transfer from my existing articleship firm after 1 and a half year.
I completed 1 year on Jan 30th 2018
Can I terminate articleship on the basis of medical grounds and will I be able to do it in my home town. At present I'm doing articleship in home town only.
Is there any need to change place after 1 year

If A is a registered person under GST and want to add new source of income by purchasing a car and been used under ola or uber cab, then how GST will be paid to government on income earned. If this activity is covered under RCM and ola directly pay to government then what about GST paid while purchasing a new motor vehicle, will this GST will be allowed as credit under plying and hiring for passenger transport.

Dear Expert,
A cement dealer every month after acheiving some targets receive discount, on which company also give gst amount. in GSTR 2a they also show that in credit note.
Query is where it should be show in gstr3b and in gstr1?
I think that in gstr3b it should be deduct from ITC and in gstr1 no need to show any where because it is a credit note,
please correct me if iam wrong.

There is a saloon shop. he is voluntary registered under gst. Now whether he required to file nil gst return even if no business started and threshold limit not exceeded.