I have a bill on FY 17-18 . And I forgot to record that in tally and availing ITC on that. And in FY 18-19 I found that bill . Can I claim ITC in 18-19

Hi sir,

My client has failed to pay advances taxes. Tax audit is applicable to him.
In the last month i.e, August we have calculated taxes along with interest and payment is made. But return filing is pending . Now when i see in java mode, 234B and 234C is calculated again.

Should the interest be paid again?

How is interest calculated? Is it till the date of payment or till the date of filing?


Thank you in advance.

As per IT act there is no requirement for registration of Societies or Trust u/s 12AA, held for educational purposes which are having gross receipts less than one crore. They can claim exemption u/s10(23c)(iiiad). But at the time of uploading the information for the A.Y. 2018-19 for the above societies the software is not accepting and requiring to fill the column of project/institution details with approved registration number and date. Please clarify how to upload?

Dear Experts,
Yesterday I had deposit the cash in vendor current account against purchase. Pls let me know whether this transaction will be disallowed considering it's cash transaction however from in such scenario vendor current account become credit but my cash become less.. Pls guide me

Thanks & Regards
Ankur Gupta

As per the understanding of GST a registered retail dealer can avail Excise Duty paid on his purchases from the manufacturer using the Transitional Credits. As the dealer is a retailer during VAT regime he didnot avail the Excise duty and the same is included in Purchases. In GST even retailer can utilize Excise duty is my understanding.
So as per this we have taken Rs.1,50,000/- as transitional credits which we got in CGST.

My question is what is the entry in books of accounts to give effect to the same .

Dear Sir,
I am planning to buy a 1980 model second hand workshop machine from germany worth around 3500 €.
May I know the documents required from Germany and the prevailing custom duty

if father of age 50 years purchase a plot in his son's name & his son is of age 30 years and all payments done by father.
1.who is owner of that plot
2 if father wants to sold that plot can he sold that plot without approval of his son on whose name that plot is purchase
3.if that plot is sold who has to pay tds on that amount.

Dear sir,
As per the provisions of GST Act a Normal Taxpayer is required to file GSTR 9, and Composite Tax payer is required to file GSTR 9A.

The query is when we have to see the taxpayer status whether he is regular or composite as on 31/03/2018 or any other date?

For example intially if a taxpayer is registered as Composite and later converted to Normal which return has to be submitted GSTR 9 or 9A and vice-versa.

Pls reply with relevant legal backup.

Regards,
B Vinay Reddy
7569989230
Hyderabad

PLEASE PROVIDE THE OBJECT CLAUSE FOR COMPANIES WHO WANT TO START HOTEL BUSINESS & FOOD FRANCHISEE

Need help in understanding GST Procedures for the below case study

A tour operator agent(E.g Riya Travel) only books hotel in Dubai (Taj) for a client in India (Infosys Guest)

Tour operator Pays to the hotel in Dubai USD 100 - Will GST be applicable on making payment to Dubai Hotel as per GST law under RCM and at what rate

Dubai Hotel Pays commission to tour operator @10% - USD 10 - Will GSt need to be paid on this USD 10 if yes then at what rate.

Tour Operator Sells the Hotel with mark up to Infosys @ USD 120- GSt can be charged @ 5% or 18% depending on ITC availament.

And what will be the place of service if tour operator bills to infosys e.g Infosys address or the place of supply of service

Under which SAC code will the above tour operator come into.

As per my above understadning the Tour operator has to make GST payments from all angles.

1(While making payment to Dubai Hotel)
2(While receiving commission from Dubai hotel)- will affect the mark up as overseas supplier will not pay GST
3)While charging client - the normal procedure


Will be highly appreciated if you could clear the above doubts which will help in exam and in real life situations as well