Hi, one urgent query.

What are the conditions and procedure to be complied with in case of conversion of loan given by an Indian entity to its overseas WOS into equity? Whether RBI approval is required?

Pls help.

I purchased interstate goods against c form for Rs. 100000/- , i sold 50000/- goods to customer. stock lying rs.50000/ on dtd 30.06.17. current tax rate 5% but I already paid to supplier 2% at the time of purchases ( 2000/- as cst ) . as per gst tax rate is 12% . in gst i sold 50000/- goods . pla advise how much can i claim in gst on my opening stock rs. 50000/-

Sir i am confused tax rates......... If apparels below 1000..then taxed at 5% tax rate... If apparels above 1000...then taxed at 12% tax rare.......... Is this provision applies to readymade garments........ Or.. Readymade garments always taxed at 12% tax rate... Thanks in advance

I imported a container on dtd. 29.06.17. Value Rs 1050000.00 i paid excise duty Rs. 35800/- additional duty paid 10500.00. full container lying in stock as on 30.06.17. pls tell me how much input can be claim in above case. I have all evidence of related to above import shipment .

If a indian tour operator provide service to indian customer, for this tour operator obtain a Invoices from a hotel located outside india so that indian customer stayed at hotel located outside india. Whether Tour operator is liable under reverse charge in GST for hotel invoices?

we are a new company formed on july 4 2016...as we we were in process of overtaking a concern and running the business through their tax licenses getting transfeerred on our name only..now we have changed the mind and want to apply fresh license like tan pan food license trade license etc. we have obtained and in process of obtaining these...but the problem remains with gst no. how to obtain that...can any one help...as running business without gst after 1st july will be a great problem.

Hi Every one CA Club India members , This is vinod working in Executive accounts role in a one the company come to my query " One of the my client company did not register in Service Tax but present he looks for registration of service Tax in this time it possible directly registration of GST what is the process ? what is the required documents ? waiting for your valuable answer sir ...

I am already registered under existing ipcc system and also appeared for may 17 exam. So in this case, do I need to register again within June 30 to stay in the existing system? One more thing is, if I don't clear my may 17 exam, will I be allowed to appear for Nov 17 exam again?

respected sir/madam

i have started a new consultancy business regarding advising for properties , and i also do some type of miscellaneous work typing , photocopies , printout i get all money in cash , i do not have any account book , and my consultancy is also not registered , will it create a problem if i file income tax in next year , I want to file income tax in next year. i earn around 50,000/- per month, how do i maintain all this. please suggest
i will be highly oblige you

What about prospective sales tax returns....I think there is no need to file July quarter sales tax returns?