I am textile manufacturer and exempt under VAT. However I have input tax credit of vat paid on purchase of yarn of Rs 2 lacs during last year and i have shown them as ITC under vat return.

Now my question is can I carry forward this ITC under GST ? This ITC is for manufacture of exempt product under VAT but in GST the same is taxable @ 5%.

Please clarify if anyone can. Thanks in advance

Respected Experts
Please tell in gst taxation system can a manufacturer or trader claim itc of gst paid on CA Services and gst paid onTelephone And Broadband Services

PLEASE SUGGEST WHICH INVOICE RAISED TO UNREGISTERED CUSTOMERS OR CONSUMER - TAX INVOICE OR BILL OF SUPPLY
AND ALSO ISSUE US CORRECT FORMAT OF BOTH

i have purchase of good and job work often from unregistered dear. explain me who will liable for tax and if taxable I can claim on it. procedure

sir/maddam, my total rental receipt iso below 20 lakh.I have already migrated to gst in noida . commercial property in noida and residential in delhi.(for residential use). my query is can I surrender gst registration .
.

Dear Sir,

We are Labour Supplier in a Company. Please let us know whether Labour Supplier can file ITR 4 (Sugam) for FY 2016-2017. Company deducted our TDS under section 194C @ 2%

Ms. Sweet is a business woman engaged in trading of Potato & Onion.
At present, Purchases are made from outside state without any liability of sales tax and sales are made in cash without any liability of tax incurred.
P.Y. Turnover is Rs.6 crores

Since potato & Onion are exempted under GST too, she doesn't took any registration under GST.
Transportation cost are incurred for the above mentioned vegetable arriving in trucks.

GTA services are liable to GST under reverse Charge Mechanism if the service receiver is registered.

Now the following doubt arises: -
1) Whether Ms. Sweet is required to get registered under GST?

2) If she is not liable to get registered under GST for trading business, Whether it is proper in law to assume that no reverse charge mechanism is attracted and thus no GST Registration (as GTA Service Receiver) and no GST liability arises thereon for transport cost incurred??

Respected sir

I had completed my registration for GST practicenor on gst portal dated 25/06/17 and I have got a TRN No. But I do not have received ARN No. Till now

Does I will register again or wait for reply

we have registered as a composite dealer under state VAT laws..we are expecting to have closing stock on 30/06/2017...can we sell that stock from 01/07/2017 without collecting tax like how we use to do...or do we need to pay tax on such stock along with new stock we will purchase and sell from 01/07/2017 under GST regime...

Sir,

A Registered Partnership Firm into trading with total turn over of 188 Lakhs for financial year 2016 - 2017 -
a) Does its accounts need to be subjected to Tax Audit?
b) If tax audit isn't mandatory, has the return to be filed u/s 44ADA of Income Tax Act?
Kindly advise. Thanks in advance.

Ravishankar