Rakesh Sharma
21 January 2021 at 18:59

ITC on newly setup

Dear Experts, we are constructing a Plant & have purchased the below details ITEMS :-
1) We have purchased Cement, MS, SS etc. for the building. ITC available or not.
2) We have purchased Cement, MS etc. for the base for machinery. ITC available or not.
3) We have purchase DG Set along with cement, MS, PVC pipe to prepare the diesel tank. ITC available or not.
4) Sir, we have purchased Electricals fitting items for the building. ITC available or not.
5) We have purchased Electricals fitting items for Plant & Machinery. ITC available or not.
6) We have purchased Mobile Phone for communication with various Vendors. ITC available or not.

Kindly suggest.

Rakesh Sharma


Amarnath
21 January 2021 at 16:19

Credit note

Dear Sir,
We sold our product outside tamilnadu in Sep 2020 and some goods are returned by the party in Oct 2020.so i raised credit note for that and the same time i have no IGST Sales in OCT 20 and same filed and Gstr 1. How can i adjust the credit note for the month of oct 2020 in Gstr 3b Return . please explain sir


RAKESH
21 January 2021 at 15:34

Salary

Sir
Please comment on the taxability of the following;
Travelling allowance recieved on the basis of actual journey for the performance of the duty.
Eg: a field officer or employee claimed for re-imbursement of expenditure incurred for travelling and there is a maximum limit for such expenditure.


farizuddin
21 January 2021 at 14:12

RCM

gst will take rcm on air freight or not


Kollipara Sundaraiah

sir,
Any gst registered dealer input credit calimed rule 36(4)+5% above itc claimed(not followed) dealer gst registered number cancel in gst act


sankar ponnan
21 January 2021 at 13:33

Debit / Credit Note

SIR
Mr.A sells the goods to B by an invoice. B receives and wants to return the goods due to the poor quality to the original supplier A.
B prepares debit note against the original invoice number. Then, the A returns back the goods from B and accounts the same in his stock?
Questions / Doubts are,
1- Can A issue Credit Note to B ? If yes, which number he has to put as a reference number ?
2- What is the treatment in both of their accounts while B returns the goods in same month and while it happens in the next month?
3- In Credit / Debit Note, GST should be separately shown?
guide me plz
thanks in adv



Pravat Parida
21 January 2021 at 13:13

Gst profile

I want to add Mobile no and email id in GST Profile of my client instead of my my Mobile no & emailid , how is it possiable?


Naveen Kumar Jain
21 January 2021 at 10:37

Faceless appeal process

Having filed our submissions in response to Notice, can we file additions to some arguments and additional case laws to support and strengthen our case ? Is there a provision to amend submissions already filed?


CA Parul Saxena online
21 January 2021 at 10:34

GST Notice query

I have received a notice stating the difference of 2A and 3B..
But the problem is the figure mentioned in notice as per 2A is different with that of amount as per 2A visible on tax comparison report on portal...
Is it possible?
One more issue is Downloaded 2A in excel figure is different from that of tax comparison report ,...is it also possible?


Jashpreet kour
20 January 2021 at 22:01

Penalty levy u/s 271(1)(c)


In the original Income Tax Return the correct income. Was not reported but in response to Notice U/s 148, the correct income was reported, however the Tax Payment was done earlier before receipt of Notice u/s 148. Whether penalty u/s 271(1)(c) can be levied by Officer ?
Any judgement in favour of assessee ??





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