Sir,
A dealer new registered composite scheme(turnover above 40 lacs limit) recently in gst act.
Question:
A dealer how much amount sales turnover and tax (sales turnover minimum and maximum ) compulsory each quarter prescribed in gst act.

SIRS
ONE OF OUR CLIENT IMPORTED CAPITAL GOODS UNDER EPCG SCHEME. DUE TO GLOBAL ECONOMIC CRISIS AND COVID PANDEMIC, UNABLE TO ACHIEVE THE EXPORT TURNOVER AS REQUIRED FOR EXPORT OBLIGATION FULFILLMENT WITHIN THE PERIOD SPECIFIED IN THE EPCG LICENCE. THE EXPORT OBLIGATION PERIOD IS 6 YEARS. PLEASE LET ME KNOW EXTENSION OF THE PERIOD FURTHER MORE YEARS TO FULFILL THE EXPORT OBLIGATION AND HOW TO APPLY THE SAME WITH DGFT AUTHORITIES.
REGARDS
S. RAVICHANDRAN

Dear Experts,
For Example, There are Two Companies ( A Ltd & B Ltd) of the Same group of the company. They have the same PAN number but GSTRIN numbers are different. We have collected the Sales receipt of 30L from both, A Ltd & B Ltd. For TCS @ 1% (o.75% due to Covid relief), Should I consider consolidated receipt amount or Individually?. In my view, I have to consider the Consolidated amount.

Hello , Jan 2021 B2B sales is nil. But only B2C sales. In IFF no column is for B2C sales In credit ledger there is sufficient amount of ITC and no tax due. How to file IFF return. Is 35% tax deposit compulsory whereas in Dec Qr no tax deposited in cash. Valuable opinions are awaited.

Hi, in proprietorship business do I have to deduct TDS on services like following?

- Electricity
- Office Maintenance
- Food for Employees from Restaurants
- Video Streaming like Netflix

Dear Sir
Please clarify. ESIC act is applicable for a Homeopathic medical college and hospital. College providing all the medical facility to their employees.
Regards.
PARIMAL KISHORE
Saharsa,Bihar.

Hello, in my proprietorship business to gift our good associates & resellers I bought gold coins worth 1.5 lakh and 3 lakh loose diamonds (divided in many). This activity happened around Diwali, Christmas & New Year.

I am being told that it can be shown as business/marketing expense in Income Tax, is that true?

Thanks for help.

dear sir, i have claimed excess input in 2019-2020 and not reversed the same till date.i want to pay this input through drc-03 please advice where to show this drc-03 amount in gstr-9

In case of casual vacancy of auditor of a Pvt Ltd company:
(1) whether MGT-14 is required or not? (as in ADT-1 there is no place for SRN of MGT-14)
(2) In ADT-1 point no. 5(a) Whether auditor(s) has been appointed in the annual general meeting? Yes/No. (as the casual vacancy is filled in EGM)

CAN WE EDIT OR CANCEL C FORM AFTER GENERATED