Dear Sir / Madam

Can I give Rs.600000/- to my Bhanji (aged 19 years- Real Sister's daughter) by Cheque.
Will any tax applicable to any one ( me or bhanji). If she put this money in FD then will clubbing provision applicable ?

Pl reply thanks in advance.

One client import of surgical goods for resale purpose and paid igst to the government at the time of import. Can he take ITC against local sale of Maharashtra

Hi

GST Registration has been rejected for CO WORKING SPACE [TAMIL NADU] for STARTUP Software company. Please suggest to getting registration

owner-builder is a pvt ltd co. suppose only 1 sale deed is excuted out of 20 flats (building is still under construction, about 60% completed).

Is advance collected from customers on various stages of completion then whether there is any need to follow percentage completion method? (gst is paid correctly on advances, so this queation is not of gst but of accunting)

my view--> as sale deed of 19 flats are not executed only advance is received, advance will be shown as liability and no need to credit to prof loss for these 19 flats

for one flat which is executed--> 60% of its sale value will be credited to prof.loss.
am i wrong?

we recceived notice through mail as below.
In terms of Notification NO.41/2017-IGST and 40/2017-CGST both dated 23.10.2017, GST registrants can make supply of goods within India on payment of IGST/CGST+SGST at the rate of 0.1%, subject to certain conditions , one of which requires the goods to be exported within a period of 90days from the date of issue of tax invoice by the registered supplier.
As per the data received in this office it is noticed that during the period from April 2020 to June 2021 M/S. ALL SEASON HERBS PVT LTD, GSTIN:29AAECA1253A1Z9 has supplied at concessional rate of 0.1% to below mentioned GSTIN:
As per Notification NO.41/2017-IGST and 40/2017-CGST both dated 23.10.2017, the goods should have been exported within a period of 90days from the date of issue of tax invoice by the registered supplier but as per records , proof of export is not available and in absence of that concessional rate of 0.1% is not applicable as per Notification NO.41/2017-IGST and 40/2017-CGST both dated 23.10.2017

Therefore it is requested to clarify the same alongwith documentary evidences to the effect that concessional rate of 0.1% is applicable as per Notification NO.41/2017-IGST and 40/2017-CGST both dated 23.10.2017


SUPDT AED-7


we submitted Shipping bill, our invoice, our customer Export invoice, purchase order copies a. regularly we doing once we received 0.1% purchase order we supply as per purchase order and collect export documents before 90 days.

now he asking documents against Notification 41/20217. The documents in respect of conditions (iv), (v), (vi),(vii) , (viii), (ix) .

we dont know what documents to give them.

please help me.
Thanking you
yours faithfully.
Anand

Sir/Madam,
I have one query
One of my client doing Cold drink Business for his Purchase comes at 28% GST plus 12% cess. And his all Sales to BtoC. Can he liable to pay cess on his sales Or not..
(Client taken GST Registration as Regular tax payer.)
Please help.
Thanks...

As per income tax act any updated return will attract a penalty of Rs. 5000 if it for 1 year back and Rs. 10,000, in case it is 2 years back. That is the thing which is also mentioned in ITR U excel based utility too.

But one I have heard in some case, persons are filing the return of past years and paying only Rs. 1000 as penalty for belated return too. One of the case I also checked and the same thing I have also seen.

How it can happen if it is a mistake of excel utility or income tax site issue. I have also tried the same and found that excel based utility attracting Rs. 5000 Penalty in case of 1 year old return say AY 2021-22.
Can anyone let me know how it is happening?

As there was neither any purchases nor any sales during last last 9 months, I forgot to file Nil GSTR .My GSTIN was cancelled during January,2022. Now, neither I can request for revocation of cancellation nor can file any appeal for the same. I can only submit/appeal a request after enclosing a supporting document . I do not have any such document for the same. What should I do now : Please advise me .

SIR

WE HAVE MANUFACTURING COMPANY AND WE REGISTERED SUPPORT SERVICE OF GST

WE HAVE 2 TYPES OF TRANSCATIONS
1. FREIGHT INWARD AND OUTWARD (CONSIGNMENT NOTE RECEIVED AND BILL RECIEVED)
2.FREIGHT INWARD AND OUTWARD (CONSIGNMENT NOTEN RECEIVED AND BILL RECIEVED NOT RECEIVED AND PAYMENT MADE THROGH CASH AND PAYMENT VOUCHER)

MY QUERY
1. HOW MUCH TAX RATE WE HAVE PAID UNDER RCM
2. WHITH OUT CONSIGNMENT ALSO RCM IS APPLICABLE
3. HOW RATE WE HAVE TAKEN CREDIT
PLEASE SUGGEST AND SEND NOTIFICATIONS

REGARDS

forgot HSN summery entry in GSTR-1, month of Sept-22 Return, what can i do