My friend has received an order from a US client for supply of interior products and asked him to ship the materials directly to their clients in India. Kindly explain the GST provisions in this case. He is getting payments in foreign currency

we issued sale invoice of rs. 52,430/- for our local registered party of our city & the mode of deliver the product is through temporary vehicle. because we dont have any permanent one. Now when we try to raise E way bill for that invoice the system required to fill the details of transporter ID or vehicle No. . Now my question is how we can fill that details because every day we use temporary vehicle to deliver the product.

I am running a small franchise model computer center that provide tally certificate to students.
I purchase these certificates from an education company ,.
1.In above case Can compny charge me gst during purchase of certificate.? ( it is charging)
2. Can I take ITC.?
Please share your expert views.

If I have a sole proprietorship firm and if I joined as a partner in partnership firm, am I eligible to practice in sole proprietorship firm name or not.
If after 2 years I came out of partnership firm is my sole proprietorship firm will get 2 years of experience.

Sir/Madam,

My Chartered Account is an Unregistered under GST Regime and issued an Invoice worth Rupees 20000 for his Audit Fee. Who is liable to pay RCM and who can claim this RCM?

Amount of Net sale consideration was 4,03,91,500/-
Indexed cost of acqusition 1,03,24,067 /-
Amount of investment in REC Bonds u/s 54EC 1,00,00,000 /-
What is the amount of Net sale consideration to be taken for investment u/s 54F either 4,03,91,500(Net sale consideration) OR 3,03,91,500(Net sale consideration Less Investment in REC bonds)

In GST if an assesse is having its branch in another state, then the same will be treated as an distant person and separate registration is to be taken for that.

Suppose the HO purchases goods for Rs. 8 with MRP of Rs. 20. Earlier it uses to make branch transfer entry at zero value and sell at Rs. 15 to the wholesaler from the branch. The margin is Rs. 7 i.e. 46.67%.

Now the transaction involving the branch transfer will be treated as a separate supply. At what price the HO should transfer the goods to the branch under GST?

HI

Can any body explain how to deal in gst the following situation

we entered into an service agreement with one of the service recipient and raised an invoice for advance payment along with GST and filed the GSTR3B showing it as the output, after one month we had mutually agreed and cancelled the agreement, but both of us i.e service recipient and service proveder has taken the respective gst portion as output and input while filing their respective GSTR3b , now if the advance amount has been returned back to the service recipient how to show this in GSTR3b and GSTR1, plz explain from point of service recipient and service provider. Is it correct if the service provider raises a credit note against the invoice raised earlier or is there any other method of dealing the situation.


Thanks& Advance
A V Santosh Kumar

Dear Sir

Could you please guide whether TDS attract on Lease Rentals paid on Cars

A took 2 cars on lease for a tenor of 2 years and paying Rs.80000 per month towards lease rent. Could you please guide whether we have to make lease rentals by deducting the TDS or not. If TDS attrack, at what rate, we have to deduct TDS

Thank you

While generating E-waybill for Job-work Returns
1) When we select Inward – Job-work Returns – in the doc type there is only one option of Delivery challan. What if the job-worker is not making Delivery challan, can we mention the invoice no. and what about the Value to be mentioned, do we need to mention the value as (RM Cost +Job work cost or only the Job-work charges)
or is it compulsory to make DC for jobwork.
2) And regarding the HSN Code – do we need to mention the Item HSN code or the Service HSN Code for job-work)