IN PROPRIETOR GST REGISTERD FIRM SOME BUSINESS MONEY RECEIVED IN SAVING ACCOUNT BY GOOGLE PAY
& TURN OVER GOES 16 LAC+.
NOW WHAT SHOULD I DISCLOSE IN ACCOUNTS BOOKS IN

does anyone have an idea about GST Rate & HSN Code for braille signages for bline people made up of acrylic sheets

Hi
Query mention as below :-

Capital Assets/ goods input is completely taken during the combined service and reversed within the next 60 months. Currently providing services that are fully taxable, so it's important to determine whether the capital input credit needs to be reversed throughout the reaming period.
Kindly give advice and suggestions regarding the right way of reversal input credit.

For example, capital assets purchased in 2018–2019, input took  in full, and reversal credit in the next 60 months .we are offering combination services until FY 2022–2023 and completely taxable services starting in FY 2023–2024. Can we liable for input credit reversals for capital assets during the Remain period?

Thanks in advance for your valuable suggestion

The General Body of Housing Society decided to replace 52 year old Otis lift with new lifts of Schindler, which will last for 25 years or so. Is it correct to treat the expense of 2.50 Crores as capital expense , which is liable to depreciation. GST is charged by Schindler on machinery and service to make it operational.

The Society is billing these capital expenses as repair and maintainance cost and adding it in quarterly bill and as total after such an addition is over Rs.22,500/ it is levieng Output GST of 18%. Is this correct position under accounting principals an GST Laws?

Circumtances in which GST department can freeze the bank account? What process need to be followed by department?

I have sold my house, and purchaser has deposited TDS under section 194IA.

So can I show this as my investment declaration to reduce my TDS Liability deducting from Salary.

I mean my annual TDS liability is 100 Lac and TDS is reflecting in 26AS u/s 194IA is 50k.

So can my company charge only 50k from salary ?

Is this possible ?

please guide.

Hello,

Maximum Time limit for a.y. before 2020-21 is 6 years or 10 years

I have a doubt regarding Export of Goods with Payment of IGST

Assessee is an Exporter of Apparel products.

They are charging IGST in some invoices stating the fund position as reason.

They are receiving payment from buyer after a month from Invoice date and we have to pay IGST while filing GSTR-3B and claim refund of the same.

What is the reason for charging IGST , because we are paying IGST out of our pocket and claiming refund before receiving the payment from the Buyer

Hi everyone,
I am working with a dealer in trophies and medals. The firm purchases the trophies at GST rate of 18% and 12%, but at the time of sale he advices me to charge only 12% GST even if we have purchased the trophies at 18%. Can anyone tell is it a right practice. And what will be the consequences if the GST department comes to know about it. Are there any penalty or fees imposed for the same.

Thanking you

Assessee is a partnership firm providing warehousing services, like storage, fumigation, loading and unloading etc., of food grains, to Food Corporation of India.

Can he claim exemption under GST based on entry no.54(e) of notification 12/2017 or entry no.24(e) of notification 11/2017?

Whether AAR decision in the case of Samco Logistics LLP where GST is decided as applicable will be pertinent to this case?

AAR M/s SSSVK Cold Storage Private Limited holding that Services by way of Renting Warehouse for Storage of Agriculture produce falls under Service Account Code (SAC) 998619 and attracts NIL rate of GST 18% vide AAR/AP/02(GST)/2018

Whether any of the above AAR is applicable? Whether there is a condition that warehousing services to be directly provided to the farmer or whether warehousing services to FCI is also covered under abovementioned notifications?