A foreign company (Uralmash, Russia) that has a branch office in India (administrative only), exporting machinery to Coal India Limited (CIL), with employees visiting India temporarily (<182 days) for training, and payments going from CIL to the Indian Sberbank branch and then to Russia.
What compliances to be completed.

which column to show purchase of goods from registered dealers (fully paid them, no creditors) in clause 44?

Expenditure in respect of Registered Entity relating to other registered entities
and
Expenditure in respect of Registered Entity relating to total Payment to registered entities

my view--> to show in both, right?

Scenario 1: allocable surplus/salaries of eligible employees*100= 15%, but company wants to pay bonus at 10%,. Can that be done?

Scenario 2: allocable surplus/salaries of eligible employees*100=25%, but the company wants to pay bonus at 15%. Can a company do that?

Also can bonus be paid to different grade of employees at different rates

Dear Experts..I am a new GST return filer and i have selected QRMP scheme. I did submit the IFF of monthly invoices of July and August but no invoice of IFF is showing in B2B of GSTR1. Do i need to submit the invoices of July and August again along with the invoices of September? Or accumulative amount of July August and September would showing in GSTR 3B?
I request you that kindly guide me into this matter.

Thanks in advance

With regards.

Want to confirm that in case when we are claiming exemption of 10(23C)(iiiad)(society running school with fee less than 5CR only education purpose) then whether form 10BB ie audit report is mandatory or not in FY-2045-25.

Dear Sir / Madam,

Mr A sold a flat to Mr B & Mrs B for Rs. 1 Cr. Since there are 2 buyers, two Form 26QB are required to be filed.

There are two fields in Form 26QB
1) Total Value of Consideration (Property Value)
2) Total Amount Paid/ Credited to seller

What values to be mentioned for the above fields in case of each buyer?
Is it
1) In the first field - 1 Cr for each buyer or Rs. 50 lakhs for each buyer?
2) In the second field - Rs. 50 lakhs in each Form 26QB - right?

Kindly guide.
Thanks & Regards,
Suraj

Dear Sir/Madam,

If the seller pays to the transporter (on behalf of the buyer), separately, with 5% GST on RCM basis and then raises a debit note on the buyer, how much GST will be application on such recovery? (5% or 18%).

Thanks.

Sir, the above name suggests that it is e-appeals scheme,2023, hence, it would not fall under faceless appeals schme. Am I correct ? What is the monitory limit for JCIT Appels?

We are dealing taxable as well as exempted goods.
We reverse proportionately gst itc. Also reverse ineligible itc on service.
The said reverse itc we transfer to respective account head. It is Ok or to transfer rent rate taxes account.
Which is authentic.

Please explain the meaning of UFCE (Unhedged Financial Currency Exposure) in banking.
what to report in UFCE declaration. If possible with example please explain