Hello
Is set off of the carried forward losses of the previous years are possible against the demand raised by the ACIT in assessment proceedings.
Thanking You.
Dear all
kindly suggest me that installation charges for AC will be capitalize or not if AC bill is separate.
only installation charge can be capitalize or not.
I HAVE GST ON CAR REPAIR
CAN I CLAIM ITC OF GST PAID ON GST PAID ON CAR REPAIR BILL?
Stock has transferd to agent when VAT had applicable but sales is going on under GST.
Agent showed that stock amount in Trans-1. he is paying GST @5% on complete amount i.e. on rs.100 where 90rs. is our cost and 10rs. is his commision on behalf of us i.e principal
then as a principal, which amount we have to show in GSTR-3B and how calculation have to do? bcoz right now we are receiving 90rs. from him only.
bcoz supply already made so no more transaction has there regarding that supply(transfer).
Sir
Jewellers goes to the Hallmarking Center to mark his own jewelry.
The hallmarking center examines its accuracy and finds a certified mark on it. In return, he charge some values on it.. Moreover he charge18% GST on it.
But I think 5% tax on the same. as per HSN code 9988
Dear seniors,
My client has purchased the goods from an unregistered dealer. However RCM has been suspended till 31/03/2018 Hence No need to pay Tax under RCM in form of purchase from unregistered dealer,
Pls tell me in GSTR-3B whether we need to show unregistered purchase amount in inward supply attracting RCM. If I do so than it will create the liability paid under RCM. For
Dear Experts,
Pls enlighten me.... In gst whether criteria of 750 & 1500 in case of freight is still applicable or not,
Thanks
Ravi
I FILLESD TRANS 1 AND AMOUNT OF TAX IS REFLECTED IN MY ELECTRONIC LEDGER AS CREDIT BALANCE . DO I HAVE TO FILE ANY OTHER FORM TO OFFSET TAX LIABILITY FROM TRANS 1 CREDIT.
Dear Seniors,
Section 17(5)(I) of CGST act. 2017 Defined the non admissible of ITC on account of Non payment of tax or short payment of tax.
I'm bit confused assume if we forget to consider the outward supply bill Hence short tax has been paid later we came to know about this. Therefore we have deposit the short tax along with the applicable interest.
Now the exception is over the above stated section which stipulated that ITC shall not be admissible on short payment of tax,
Pls let me know whether this section will be applicable on demand raised by department. Or it will also be applicable in normal cases like I have stated above with illustration,
Pls suggest.....
Thanks & Regards
Ankur Gupta
My vendor is registered in GST. If he provide transportation service to me (registered) then RCM will apply or not..??
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
Set off of carry forward losses