dear all , can we take benifit of sac code 996519

How to Calculate Landed cost of Purchase item, and what point should be taken in to consideration for that

Dear sir/madam

1.Our company is an advertising agency engaged in the activity of publishing ads in news papers.
2.publications are charging gst@5% of net taxable amount from us after agency commission .
3.In what way we have to bill to Client .
4.Weather we have to collect Gst @ 5% or 18% of Commission received to our agency or both
at preset we re giving bills to client as for example as follows:
Goss Bill amount 10000
Less Dis @10% 1000
Net amount 9000

Publication Gst 425
(10000*85/100*5/100)

Agency GST 270
(10000*15/100*18/100)
on Commission received

Total 9695
Please guide we on this issue.

Sir , I am existing taxpayer in Vat now I am migrated in gSt my gst no.& ARN NO. has been generated. Now I want to opt composition scheem but on Gst portel application for opt composition levi shows financial year 2018- 2019 how can I opt composition for 2017-2018.last date is 16 August. Thanks

CASE : A registered Party as a regular GSTN has received inward supply, and supply does not fall under (Notified Service & Goods), from a Unregistered Party which is also a Central Party.

Now pls explain:
1. How Reverses Charge Mechanism will work on inward supply from Unregistered Party who is also a Central Party?
2. Which Tax class (IGST) or (CSGT+SGST) will be applied here to pay RCM.

Thank's
Ravi

IF A PERSON HAVING TURNOVER OF LESS THAN 75 LAKHS AND GETTING RENTALS FROM RESIDENTIAL PROPERTY CAN OPT FOR COMPOSITION SCHEME?

dear sir,

one of my relative is having gross recipt of near 60 lakhs from security business providing manpower.
can i file return by showing 8% profit without maintaining books of accounts under sectgion 44ad of income tax act 1961

transport of passengers Gst rate is 5 , ITC is not available... in this case both services provider and recipient both not getting ITC or service recivepent can get ITC?

Respected Sir, Would B.A. (Economics) from IGNOU and C.A. together is a good combination? is IGNOU a right place to pursue B.A.(Economics)?

My father had purchased a property on 26/02/2001 for a value of Rs.3,21,000/-. Myself along with my brother and sister (3 members) inherited the property as legal heirs after my father's demise. The said property was sold by the three legal heirs on 09/08/2017 for a value of Rs.11,40,000/-. In this regard, I request the tax experts to advise me about my Capital Gains Tax liability.