our organization carry on trading in consumer goods and works contract, whether we use 2 different bill book at the same time for both the work in gst. eg. giving 1-50 to trading and 51-100 in works contract work, and further when they completed then 101-150 to trading and 151-200 to works contract.
Sirs,
We have properly filed our GSTR 3B regularly. And we also have filed our GSTR1 for the month of July on 23.11.2017. And now we have tried so many times for submiting our August GSTR1 in the site but we could not submit our return in the portal. An error message display as "GSTR1 Save / Action on counter party invoice / submit are not allowed for current date" AS we learn that the last date for filing GSTR1 for July to Oct2017 is 31.12.2017 as our turnover is over 1.5 Crore. We dont know the site is locked for filing GSTR1 for Aug as the scrolling for those who have not filed the GSTR1 for july can return.
Kindly clarify us Now can anybody file GSTR1 for August ,September, October? whether the portal is locked for any reason? Or is any mistakes in our return tends to submit?
Advance Thanks,
With regards,
Bazeer Ahmed L
Dear Sir
what is GST rate on WCT under GST reverse charge mechanism. GST reverse charges applicable or not under GST regime
ONE OF MY CLIENT HAS FILED BELATED RETURN OF A.Y 2016-17 WHICH STAND DEFECTIVE UNDER SECTION 139(9) , THE RESPONSE FOR TO REMOVE THE DEFECT WAS DONE BUT WAS NOT ACCEPTED. CLIENT IS PARTNERSHIP FIRM EARNING WAREHOUSE RENT , FACTORY RENT AND INTEREST ON FDR.
IT HAS CARRIED FORWARD UNABSORBED DEPRECIATION FOR THE YEAR. ASSESEE HAS REFUND OF rS. 64800.00 WHICH IS NOT RECEIVED DUE TO INVALIDATION OF RETURN.
PLEASE GUIDE FOR THE FURTHER PROCEEDING .
Process of consolidation of Asssociates
i) First year Associated company incurred losses. let 30,00,000
and
ii) Second year company incurred profits. let 70,00,000
iii) there no concept of pre acquisition profits since investment (let 3,00,00,000) made immediately after incorporation.
How Consolidation do for 2nd year
I have received monthly interest on Post Office Monthly Income Scheme (MIS). I received in FY 2016-17 approx 36000/- interest through my Post Office Monthly Income Scheme (MIS). Is this interest is taxable Under Income Tax Act? Post Office never make any TDS on MIS. Please advice, Is this income should be shown in ITR column of INCOME FROM OTHER SOURCES or NOT? Please give me your expert opinion?
Dear Sir,
GST SAC for Works Contract Service
GST Rate of Works contract Service with ITC ?
GST Rate of Works contract Service without ITC ?
Thanks
Dear Sir,
One of my client received intimation for Adjusting Refund Against Outstanding Tax Demand, Section 245.
The demand payable as per intimation 143(1a) for AY 2011-12. for Rs.221770/- Income Tax Return for AY 2011-12 filed was manually. As per Income Tax Intimation for AY 2011-12 u/s 143 (1) received on 08.10.2012 in this the TDS credit Rs.115962/- & Advance Tax credit Rs.85000/-not given. After that we filed the rectification request u/s 154 along with all documents (Form 26AS & advance Tax Challan & other details) on 05.08.2013 & 20.02.2015 to Jurisdictional AO. But still why the outstanding demand for AY 2011-12 is pending. We have not yet received the rectification order u/s 154 for AY 2011-12. Demand uploaded by Jurisdictional AO.
Yesterday, We received the intimation us 245 in this intimation demand is still shown for AY 2011-12 and our Refund is adjusted against outstanding demand.
What can do now?
Kindly suggest the same.
Thanks & Regards
Dear Expert
Kindly advise 1. we are a manufacturer purchasing raw material from AP (Andhra pradesh) and that material we instructed to delivery at our Job Worker Place located in TN. in this case what is the procedure and rate of GST
2. One more material from TN and it should be delivery at our job Worker place in TN and bill to us what is the GST
For the above option is permit the GST or Not and which rule
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
query