Dear sir / madam

We are a manufacturing company
buying local material and also import materials
i understand under GST on need to pay CG/SG or IGST for local purchases
on import material used for manufacturing of both localled sold and also for exports we need to pay BCD , IGST

Question
1. Whether we can make use of total input credit available - for local sales ( materials used for local sales or export )

2. if answer is no to Q1, then whether we need to maintain separate books for exports?

3. How can we claim back the BCD which are used for exports ?

Thanks

A Private Limited company allotted shares to one director during F.Y. 2014-15 case is under scrutiny at ITO. In that period the FMV of shares was Rs. 60/- per share. But allotment made at Rs. 10/- per share. Now the AO is going to taxed it in the hands of director under section 56(2) of I.T. Act, 1961.

Please suggest me is there any way to avoid the tax & penalty in the hands of director.

A person is having VAT credit of rs.8 lakh.he is engaged in trading business.
Also he provides service by way of renting of immovable property but not registered under service tax till date due to value of taxable service not exceeding 9 lakh each year.

Whether he can get such credit utilized in gst. What is the procedure?
If yes where he can utilize as per his both business.?

Reply asap

Dear Experts,

I have come across a question from our management, asking me to give the opinion on setting up of a proprietorship business and Pvt Ltd company.???????

Therefore requesting you to give me an opinion on the above matter in detailed. So that we can take a decision on the same.

sir i wud like to know if any assessee having gross receipts of 1.5 crores during the f.y 16-17 can opt for presumptive taxation u/s 44ad if he is showing profits more than 8%

Hi Experts,If a lessor has two commercial spaces rented to two different companies in different locations ,If the rent 1st one is under 10lac limit and the 2nd one also the same. My Q is two clubbed and calculate for Service tax or it should be treated individually.

Dear sir/mam..
I file a Original Return (ITR FORM 4 SUGAM) of A.Y.2017-18 on 07/06/2017 Tax Refundable and after filling i realise the Bank Account Number is incorrect and now what should I Do. Please Help Me.

I have send one request on 30/05/2017, no reply received till today. Please clearify.my query.

Back ground We are distributor of product and having engaged various persons to sell the product from there premises on commission basis by providing the distributor bill. Query. Post GST whether I will be able to continue the same fashion of working. Pl advice

Dear Team, If i am take leave on sat or mon in a month then salary for the day sun was deducted. we are not getting any paid leave. what is government law for this. Please share a file if any one had. Its urgent