Anshuman Basu
04 June 2018 at 16:29

Work contract

Our Company Purchase Electrical fitting, Lamp Post, TMT Bar, Bricks, Cement etc are supply to Party (Rail, Corporation) and these items we also installed, testing and erection.
Pre GST period we made two bill one bill was Supply Bill (VAT or CST Bill) and another Bill was Erection, Testing and Installation Bill (service tax).
In post GST what will the bill structure and should I get ITC?
What is the meaning of “Input tax credit on inward supply of works contract services is allowed only if the same are used for providing outward supply of works contract services” Pl make some example

Pl. answer me


PRATIKSHA
04 June 2018 at 16:17

Delay in gst registration

One my client is engaged in the business of currency exchange having gst registration in State of Maharashtra also having branch office in calcutta. However, gst registration has not been taken for the branch at calcutta. Major billing has been done from calcutta branch only. If we have to take registration now will it attract penalty and interest for the same ???


Prashant Parekh
04 June 2018 at 16:02

Loan to director

Mr. X is a Director of ABC which is a public company. Can ABC co take a loan for purchase of car by Mr. X for his personal use.Mr. X does not hold any shares in ABC co and he is a non executive Director. Please advice.

Regards
Prashant Parekh


neer maru
04 June 2018 at 15:40

Itc of immovable property

Sir/Madam,
I have purchased an under construction Flat and am paying GST @12% on it. I also have rental income from another property and am registered under GST. Can i take Set off of gst on new property and adjust it with current rental income. If not, can i use the same GST ITC for set off of Rent income that may arise in the future from the new property?


Anshuman Basu
04 June 2018 at 14:50

Work contract

Sir

What is the difference between ‘Work Contract’ and Work ‘Contract Service’.

Sir also want to know ITC Rule of Work Contract in Electrical, Civil and Construction of Building, service.


MANOJ SHARMA
04 June 2018 at 13:10

Works contract composit

Dear Sir,
i am sub-contractor to main contractor L&T construction, we are providing service of construction of road & building to L&T (main contractor) and claiming the bill in works contract 18% GST Output charging. can i claim my input GST over various materials- Cement, sand, equipment, tools consumed, Test certificate?


tatineni purnima
04 June 2018 at 13:10

Gst on aplication fee

Sir,
A commercial Coaching & Training center registered under GST and Paying GST on Tuition Fee which they are collecting from students. In addition to that they are collecting Rs.500 as application fee. Sir Please clarify is it required to pay GST even on the amount of Rs.500 which they are collecting as application fee or not required to pay GST. Sir, please clarify


NEHA
04 June 2018 at 12:53

Late filling of income tax return

can an assesse file his return of AY 2014-15,2015-16,& 2016-17 in AY 2017-18.
If yes, weather there is any penalty or interest,as the tax payable by him is NIL.
He is providing tuition,he has filled his return of A Y 2012-13 & 2013-14.



Anonymous
04 June 2018 at 12:52

Hsn code & tax rate issue

Dear Experts,
In HSN code 84149090 one of our supplies has charged three type of Tax rate I.e. 28%, 18% 5%, in different parts of electrical,
Pls let me know is it possible to have three type tax rate in single HSN code,

Pls clarify....

Thanks


MANJUNATHA BHAT

I filed my GST 3B for the month of January 2018 by wrongly taking IGST and actually I do not have any IGST tax credit. But 3B for the month of January already filed and cannot revised. Now that wrong IGST credit reflected in my Electronic Credit Ledger. Now how to rectify and clear this IGST wrong credit in May 2018 month 3B return ? is there any solution to rectify it in May 2018 month 3B return? please solve my query





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