Goods which were exempt before GST (E.g. Textiles) and became taxable under GST. Do the closing stock is eligible for credit of excise duty & any other tax? [In case of both migrated assessees and new registrants under GST]

Dear Experts.
expenses limit from 20K to 10k has been reduced pls let know from which date this amendment will be effected.

Regds
Prakash

husband gifted land to spouse and spouse sold the property. Now capital gain on such land need to be clubbed in the hands of husband and taxed

Sir,

I have doubts my friend salary chargeable income is Rs. 2,30000/- excluding Deduction his deduction under 80 C is Rs. 28000/- and his agriculture income is Rs. 40000/- after deducting expenses i.e Rs. 20000/-

He want file the ITR return Please tell me which itr form should be use to file itr return.

Thanks & Regards.

Please inform me if a cash invoice of more than rs 10000 can be issued, (in other words a cash sale of more than rs. 10000 can be validly made) if proper & valid gst has been duly charged in the cash invoice.

I was applying for import export code and in master data it was asked to fill bank details in which i filled my firms bank account no. but i am confused what to type in column of name of bank account holder name. do i have to write name of my firm as printed on the cheque or name of proprietor..

Dear Experts,

Greetings.

I am a Salaried Employee, got salary per month around Rs.1 lakh. Further My company said, to start a business in My Name for small projects for the FY 2016-17.
In that FY 2016-17, Company sent the goods to My office Address and I forwarded to Client. In these Transactions are very low level Margins. I Purchased from Supplier (Salary Provide Company) Rs.20,22,215/- CST 2% of Rs. 40,444/-. Further I sold the Goods to client Rs.2034319 + CST @ 2% Rs.40,686/-.

This is I have done for last year. Kindly suggest, If I not declare minimum profit of 8%, Whether Tax Audit is Applicable or Not? Already I got the Salary and reached the Basic Exemption Limit.

Kindly suggest your valuable reply.

I had a cc limit in HDFC BANK LTD at Ludhiana of 185lakh. I take over my limit to Indus ind bank on 16/06/2017 and Indus ind bank paid all otstandings of HDFC Bank. I deposited interest on outstanding from my own source and requested Hdfc relationship manager for closure of limit and issuance of no dues certificate. Hdfc bank is demanding 2% takeover charges by saying that it's been mentioned in MFA and Sanction letter. Sanction letter says that Borrower is liable to be charged takeover charges of 2% in case limit is taken over by other bank during tenor of loan . In my case tenor expired on 15/06/17 and moreover i refused renewal one month in advance by writing to my relationship manager. Now they are consistently demanding charges and not issuing ndc. Pl suggest what to do. Are charges applicable in case of take over of exposure even after expiry of limit.

Dear sir In a bussiness where goods purchased from one party are sent directly to third party in different state to avoid transport cost.I get the bill from my purchaser and then I raise invoice for my third party. will it be feasible to do this bussiness in GST regime ?How to handle it now in GST?Pl advise

i am a registered dealer from gujarat. i bought material from chattisgarh. the transporter is alsl from chattisgarh. now on the bill of transporter i need to pay 5% gst on rcm. so i wanted to know whether i have to pay igst or cgst n sgst inder rcm. i will also have to raise self invoice for it. can you provide me any sample of self invoice.