I and my brother are partners in a firm.We want to sell the land in MIDC PUNE.We wish to know the rate of capital gains tax and whether we can buy another house or commercial space and also invest 50 lakhs each in Infra Bonds to take advantage of tax exemptions under the Capital Gains. Sine we are both senior citizens and aged 68 and 70 yrs respectively,and are retiring from the business,do we have any exemptions under the IT act. Help in this matter will be highly appreciated as this will be the only saving we will have.
Thanks
Ashok Kumar
Client is interstate sub broker of stock market and was forced by broker to obtain GST no .Now the clarification came that if Interstate brokerage is less than 20 l then no registration required . Now my client who took regiatration wishes to surrender his GST registration
What is process ?
I am a sebi registered sub-broker in stock exchange with brokerage refund less than Rs. 20 lacs per annum. Do I need to register under GST?
I am composition dealer I completed my gst provisional registeration now what to I do of April to June sales and tax. should I filed quality return and which meaner.
We are a pvt. ltd. company which is providing ware house and transport service to our clients.
We provide tranportation facility to our clients and for this we also procure transportation service from secondary transporter, who are raising monthly bills to us as GTA.
Please advise that:
1. Whether GST as RCM has to be deposited on our vendor's transportation bills.
2. We are still raising our service bills to our clients as GTA as charging nil GST.
3. GST as RCM is applicable on all type of expenses. Whether some expenses are exempted or not e.g. salary, interest etc.or on all type of expenses RCM is applicable.
one person doing manufacturing activity and also give service like jobwork can he take registration under Composition under GST ???
Should CA work with Big Brands jewellers??as its a retail industry ,i am having some hasitation??
Sir/Madam,
WE have Paid Wrongly Amt in Cess How to get REfund or its can be adjusted in coming GST Filing in August.
Our PRoducts Not Covered Under Cess. How to CLaim Plz Help.......
DEAR SIR,
I WANT TO KNOW THAT WHAT GST TREATMENT & RCM ON FOLLOWING EXPS.
1)CONVEYANCE EXPS PAID TO STAFF
2)STAFF WELFARE EXPS (SNACKS & TEA & COFFEE & MEAL EXPS PROVIDE TO STAFF)
3)PRINTING & STATIONERY EXPS (FAX & XEROX & PRINTING PAPERS & STATIONERY EXPS)
4)SALARY PAID TO STAFF
5)REPAIRS & MAINTENANCE EXPS.
6)PETROL & DIESEL EXPS.
7)OFFICE EXPS & GENERAL EXPS.
PLEASE PROVIDE YOUR VALUABLE RESPONSE IN THIS REGARDS.
THANKS & REGARDS
NK
Mr A is registered dealer under GST in Chhattisgarh.
Mr A purchases goods (Sugar & Oil) From Mr B resides in the state of Maharashtra.
Mr B books transport of these goods and hand over Goods to GTA Mr C (unregistered) and bilty generated is TO PAY.
But Mr C (GTA) resides in Chhattisgarh and provides services across the state.
Is Mr A is liable to pay GST under RCM on transporting charges ?
Under which head RCM should be paid,
whether as IGST
or
CGST and SGST
Long term capital gains tax