Dear all,

During the year 2019-20, I claimed 23000 ITC on vehicle repair/insurance. But now I come to know that ITC on vehicle repair/insurance is not allowable under GST Law. Anybody please suggest me what to do next. I have near about 50000 ITC credit available during the month of September-2020 and have not filed GSTR-3B yet.

Please somebody help out me

Thanks

A un registered dealer gst liability April-2019.but dealer new registered composite scheme in gst act October-2020.
Question:
1.dealer two different periods (april-2019 to September-2020) gst tax payable compulsory.if two different periods turnover show producer in composite return.

HI ALL,

pls let me know if gstr3b and gstr1 from march 2020- august 2020 could be filed now.

if any late fees would be charged for filing those returns now( after the extended duedate due to covid-19)

Timely response is appreciable ,
tnx.

Hello Sir
I have received a legal exp bill for rs.40000/ from advocate under which legal fees is 30000/ and misc exp is 10000/. What will be the entry in tally.
Pl advise.
Regards

Dear Sir,

ITC available on Credit Ledger ,but we have not Sales Liabilities in next month , Hence Please guide above ITC adjust against Sales Liabilities till when Period.

Please note Now our Turnover is Nil every month.

Rgds With

Shailendra Mihsra
9987578784

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How to calculate capital gain if Flat which was under construction booked in 2010 for amount Rs 200000/- and later on , on demand of builder assesses made payments and got the possession in 2016 but registry done in 2019

Hello sir,
Sir I started industrial training on 8th January 2020 but I took stamp duty for deed on August 2020 due to covid -19 I am not able to get the stamp duty on right time.
Sir please tell me,can I submit the deed ..is this deed valid

assessee is pvt.ltd.
turnover is 2.5 crorein fy1920,
cash receipts more than 5% of total turnover.
net loss in profit loss.

is tax audit applicable?

according to me, 44ad 8% 6% etc. not applicable to company. so no tax audit as limit of 4 crore of 44ab not crossed. am i wrong?

A person new business started of pan masala product.
Question:
1.dealer composite scheme eligible or not.
2.tax rate applicable for pan masala with tobacco and with out tobacco.
3.how much rate of cess applicable.
4.how to calculate producer sale bill and tax calculation.