If We Have Input CGST of Rs. 50,000 and Input SGST of Rs.50000
and Output IGST of Rs.70000
then How it can be set off ??

Dear Experts,

Can we have to deduct TDS on payment to overseas vendor ?? If yes , is there any threshold limit.

DEAR EXPERTS,

IF MEMBERS DOES NOT CONTRIBUTE ANY CAPITAL TO AOP AND PROFIT ALSO NOT SHARED BY ANY MEMBER. WHAT IS THE AOP TAX RATE ?

Sir,
How to Generate E-INVOICE for Government Works (Ex: Roads construction,pipe lines construction,and other contract services)??????????
There is no B2B transaction for this type of contracts, but e-invoice are taken ONLY for B2B transactions???
Please clarify regards E-INVOICE condition applicability on Government contracts?...
If applicable,how to generate_which means what Details need to be filled in E-invoice portal??

Any CA interested to work as an Academic freelancer, please connect at 9722874401

In case the cess amount is not adjusted due to no compensation on outward supply, how the cess amount may be treated in accounts. Can it be debited to Profit and Loss account or ......?

Suppose there is a company X, in japan who sold his product to Y in india and y paid the import duty for the product. Further Y sold the product to Z in india and made some changes in it. Can Z while exporting the product to Canada claim duty drawback whereas the import duty for the product was paid by Company Y?

TAX INVOICE ORIGINAL FOR RECIPIENT
MALIK COMMUNICATION

Deals In : New Handsets, New Connection, All Mobile Accessories, Mobile Repair & Mobile Recharge Etc.


GSTIN No. : INVOICE No. : 6
STATE : DELHI Code: 07 DATE : 10-Nov-2022

Details of Receiver (Billed to) Details of Consignee (Shipped to)
Name : Zaid Name : Zaid
Address : Delhi Address : Delhi


State : Delhi State Code : 0 7 State : Delhi State Code : 0 7
GSTIN : NA GSTIN : NA

S.No. HSN Code: 8517 Rate Amount
Description UOM Qty.
1 I Phone 6 Plus (16 GB)-Refurbished Pc 1 6500 6,500.00
[IMEI/SERIAL NO: 353287072861160]
2 I Phone 7 (32 GB)-Refurbished Pc 1 7500 7,500.00
[IMEI/SERIAL NO: 359464081669199]
3 I Phone 8 (64 GB)-Refurbished Pc 1 10000 10,000.00
[IMEI/SERIAL NO: 356703081639154]
4 I Phone 7 (32 GB)-Refurbished Pc 1 7500 7,500.00
[IMEI/SERIAL NO: 355334081541249]
5 I Phone 6 (16 GB)-Refurbished Pc 1 3800 3,800.00
[IMEI/SERIAL NO: 355394072848508]
6 Oppo K10 5G (8,128 GB)-Refurbished Pc 1 12500 12,500.00
[IMEI/SERIAL NO: 860239068901357]
7 Realme C33 (64 GB)-Refurbished Pc 1 8500 8,500.00
[IMEI/SERIAL NO: 861775065023975]
Packaging -
Freight -
Exempted Value 55,410.00
Taxable Value 754.24
Name of Transport : CGST 9.% 67.88
Vehicle No. : Bilty\LR No. : SGST 9.% 67.88
eWay Bill No. : Freight To Pay : IGST 18.% -
Invoice Value : Rs. Fifty Six Thousand Three Hundred Only Grand Total 56,300.00
(in Word)

Terms & Condition For Malik Communication,
* interest @18% p.a. will be charged if payment is not made by due date
* Goods are despatch at buyer's risk
* Subject to Raipur jurisdiction Authorised Signatory


Dear Sir/Mam, My query is in this invoice of B2C nature- What will be the treatment of exempted value=55410, taxable value=754.24 and invoice value=56300 in gstr in B2C.
Please solve my query.
thanks in advance.

A statutory body constituted under the Advocate Act functions as per Section 6 of Advocate Act 1961.

Income of statutory body is exempt from income tax u/s 11 of Income tax Act 1961 as per the judgment of Supreme Court Notification dated 05.08.1966 w.e.f.28.12.1961.

Service tax was also not applicable to us and GST not applicable for section 11 exempt entity.

We would like to distribute books to advocates free of charge as a study material.

There is no profit motive in distribution of books and it is internal transfer of goods to advocates.

Is GST applicable and payable by us on printing of books of study material?

Dear Friends,
A Pvt Ltd company wants to appoint 2 new directors at an EGM directly instead of appointing them Addl directors by the Board and ratify at next AGM.Can it do so. If yes under which section. Please share your toughts.

Thanks,
PC Joshi