Sir/Madam

I want to know what is the interest rate for interest calculation of late payment to the vendor under MSME Scheme??

What is Bank Rate notified by RBI??

Payment of Interest: Company have to pay interest on delayed payment to MSME registered supplier. Rate of Interest shall be three times of the bank rate notified by the Reserve Bank.

I have applied for LUT for FY 2023-24, now i want to export under both terms, like few export under LUT without payment of IGST and also few exports with payment of IGST.

Is it possible to do the same?

A client has home based bakery selling only birthday cake, wedding cake,etc.If he is under composition scheme,which tax rate will be applicable whether 1% or 5%?
And if his business grows and opens a shop ,which tax rate will be applicable under composition scheme?

I have a Company whose financials as well as annual return in form AOC-4 and MGT-7 is not filed for past 2 years. Now, what procedure needs to be followed as regards adoption of financial statements, AGM and Filing of ROC Forms.

Hi Experts,
I have received a Notice, through mail, from GST Departement for Recovery of Interest Payable on late filling of GSTR-3B upto March 2022.
I think it will be paid through DRC-03 but under which section will it be paid ? Please guide.

Further, Kindly advise should I visit to Department with DRC-03 or simply intimate on same mail with attached challan ?

Can itr filed in f.y 2019-2020 and 2020-2021 be rectified or refiled?????

What is the limit of cash cash Withdrawal from NRE account during my status as NRI.

Read more at: https://www.caclubindia.com/experts/ask_query.asp

regards

Hello,
We are CFA (Clearing & Forwarding Agent). We charge 5% GST on our sales bill for ocean freight. Further we paid ocean freight to other at 5%. My question is can we claim ITC on ocean freight (5%) paid by us?

One of my client facing Restricted Refund from 01-04-2023, even though the account is Validated and EVC Enabled. Also checked with Bank, they replied thats not their problem, their side were all are clear.

PAN, mobile number and mail id Linked with Bank
PAN and aadhar Linked

Till Last year refund received from the same bank.

Now it shows Restricted Refund Bank account

Please rectify this

Which documents are required for stock transfer from one warehouse to another warehouse