Ravi is registered in Delhi taking service of Unregistered GTA of UP
for transporting goods from delhi to UP.
RCM applicable. Ravi is liable to Pay Freight.

( Unregistered GTA =UP , Supplier Registered = Delhi, Recepient Registered = UP)

Now the Query is
Whether Ravi pay Igst or Cgst & Sgst on gta services under RCM
Plz provide solution with proper explanation.

Respected all,

I want to know whether the Study Material provided by the Institute is sufficient for preparation of CA or one is required to buy books of the private writers ?


with regards

I have disposed off the asset whose value was not included in my fixed asset list. Now the asset shows in trial balance is less than in actual.please asbise

A gst regular scheme dealer new registered dealer inverter battery and ups both selling business.
Question:
1.Dealer sales transactions composite supply or mixed supply treatment in gst act.
2. old battery value Rs:3000/- received exchange of new battery value Rs:13,000/- . this transaction treatment in gst act.

I was filing ITR-2 and have filled all the necessary fields in sch-Capital Gain(LTCG), yet getting erro-
as- Deduction under 54 does not match with deduction in table D.
is there any help....

Sir/madame,in the FY 2017-18 i missed the payment entry of Rs.2608 in the partys' ledger.And in the FY 2018-19 i missed expense entry rs.2254 and also made excess paid cash entry rs.3856(actually not made in that year).How to solve this problem in the FY 2019-20.Please pass the journal entries..please guide me..

DEAR SIR

OUR PARTNERSHIP COMPANY LAST YEAR TURNOVER IS 2.00 CRORES

CURRENT YEAR WE HAVE SUPPLIED TO CUSTOMER UPTO SEPT"2020 Rs.3 crores
Q1. TCS IS APPLICABLE FOR ABOVE CUSTOMER?
Q2 . WE HAVE GIVEN RENT FOR FACTORY LAND AND WE HAVE ISSUED INVOICE FOR RENT , TCS IS APPLICABLE FOR RENT INVOICE ?
Q3. TCS RATE ?

PLEASE HELP ME ABOVE QUERIES

DEAR SIR ,

LAST YEAR OUR COMPANY TURNOVER 20 CRORES.

ONE OF OUR CUSTOMER SALES IS 65 LAKHS UP TO SEPT-2020

Q. TCS IS APPLICABLE ?
Q2. TCS IS BASIC VALUE OR INCLUDING GST ALSO ?
Q3.TCS AMOUNT INCLUDING INVOICE ?
Q4.TCS IS APPLICABLE SEZ UNIT ?
Q5. TCS IS APPLICABLE FOR GOVT UNDERTAKEING UNIT?

PLEASE HELP ME ABOVE QUESTIONS

A NRI who sold Building and an adjacent vacant site in two documents and Building sold to husband and vacant site sold to wife. Long term capital loss arises Rs.125360 in building sale and Long term capital gain arises on vacant site sale 113850. Sale consideration of vacant site Rs.230000 & vacant site 4800000. as per section 50C vacant site value fetches 5001000. is s 195 attracts. and what amount whether on LTCG or Sale consideration . Net long term capital loss arises during the year 11510.

Dear all
In my client company stock transfer will be happen. For that IGST They will pay
and take it is input. Transfer price is 40% less than MRP. They normally send the goods in transport
in transfer invoice only cost of material will take place
As per transaction value
Cost of materials
+ transportation cost
will be the transaction value
So in my client company stock transfer invoice contains only Material cost

My doubt is whether transaction is to be included in the transfer value.