Hello,

I am confused, GST registration turnover limit for service is 20 Lac. So, if anyone exceeding that limit turnover 20 Lac will have to register and will have to pay post-registration but what about the turnover till 20 Lac?
Post-registration does that person have to pay the GST on that 20 Lac also?
I am a freelancer with the export of service only so till 20 Lac turnover do I have to have FIRC for all my transactions or that will be required for the transactions post 20 Lac limit. Please Answer.

Thanks in advance.

Jai Hind

Sir , I am getting salary and I have TDS NIL deduction certificate u/s 197 from Income tax department.

Sir , where to put details of certificate u/s 197 in Income tax return.

Firm xyz is opting for 44 AD and suppose turnover is 1000000
As per 44 AD Provision 8 %profit is coming to be 80000
Now firm pays 20000 as salary to partners.
Can we claim deduction for it or not.

Dear colleague,

One of my client wants to create HUF, his Son presently slatted in USA and having one daughter who is born in USA, so She is not an Indian citizen, so Grandchild of Karta (Who is USA citizen) can become a member in HUF ?

We have one situation and is described as:

Suppose LOAN is taken from PNB bank & is transferred to the Company's bank account- IDBI bank.
Later on, the loan is transferred to the owner's Saving account (VIJAYA BANK).


But EMI payment is being done thru company IDBI Bank account only. How entries will be done?



Eg.

MAIN COMPANY > LOAN from PNB bank > Get the loan from pnb bank > Amount is credited to the company's IDBI current bank account > Later loan is transferred to owner's personal saving bank a/c (VIJAYA BANK) > EMI is paid by company's current bank account till date.



A loan is taken 4 years back. Which entries need to be passed in Quickbooks/ Tally?

What is the meaning and difference between for book keeping account and cloud accounting and quick books.

Pls advise us as to whether we can claim GST-TDS after the original GSTR-7 has been filed.If yes, what is the time limit and in which Form.

To illustrate, if i have filed GSTR-7 for FY 19-20(any month) and claimed 100/- and later on I want to claim additional 20/- , so whether I can claim 20/-?If yes, what is time limit and in which Form should I claim the 20/-.

We buy goods from A and order him to despatch directly to c. A generated ewaybill in bill to ship to mode.
My question is that is that any requirement to generate ewaybill from me also.

Plz tell us which class of digital signatures required for filing import export code licenses application filing. Dgft.gov.in

I have proprietorship business and i have export services with GST tax invoices and i have received foreign remittance. So my question, is any tax applicable on foreign remittances
and any limit for receiving foreign remittance.