If a dealer has undertaken a Works Contract for which he has purchased material on which he has paid MVAT. can he claim this MVAT on purchases as Input Tax Credit against the Output VAT on WCT invoice? If yes, is partial or full set off available? If no, can it be adjusted against sales without WCT billing? If yes, partially or fully?

Hi
I am logging into GST website for migrating from ST to GST but getting below error message

''Your RC under is cancelled, therefore, your Provisional ID stands cancelled. Hence you are not permitted to migrate under GST.''

Please help me resolve it

Thank you,

dear sir whether may client has sales of 500000 credit and cash sales 50000
in this case both sales are consider in sales.
1)500000 * 8% = 40000
2)50000*6%= 3000
income to be decalred 43000 whether it is correct.if there is cash sales only (1) option to be decalred.

my income tax refund for the A.Y 2011-12 is pending and online status of ITR showing "Transfer to AO" is e-nivaran facility useful for refund clearance?

Dear Friends,

I have come across from many students telling that CA Final group 1 is more complicated than group 2 . Is it so ????

Hellos Experts,
My question is that a tour operator who is provide hotel booking, site seeing, flight booking, transportation booking services.
Whether he can issue invoice only mentioning his service charges and pay service tax @ 15% on such charges. And issue separate challan for all his cost for reimbursement from his client.

Please do reply

In case of partnership firm what will be the treatement of TDS deducted by the firm of clients?

I am an Arts graduate then I have passed MBA(HR & Marketing). I am an authorized person to maintain GST . also I can work for tax consultant and submit return various companies. Kindly cooperate me. .

I have following quries(assume implementation of GST on 1st July 2017)(Trader-Not Manufacturer)
1) Suppose I am having stock in hand of Rs.50lacs aprox on 30th June 2017 on which current VAT is 5% but under GST new rates is 18% will I be able to get any exemption in such case?
2) Suppose I am having clossing stock of Rs.50lacs from which 30lacs were purchased from manufacturer who charges Excise duty and CST against C Form on products in Invoice but till now I am not getting Credit on Excise duty and CST against C Form as I was registered under VAT only. But now will I be able to get Credit of Excise duty and CST against C Form on Stock in hand?

Read more at: https://www.caclubindia.com/forum/input-tax-credit-for-stock-in-hand-for-gst-389214.asp

For calculating tax under MAT should i take 18.5% or the rate given in problem. Kindly help.


Indira K V