As per notification,if turnover is more than 5 crore,and due date of filing gstr3b for mar,20 is 20.4.20.After 15 days w.e.f 20.4.20 interest @9% is leviable.If tax payable for mar,20 under cgst act is Rs.50,000 and under sgst act Rs.50,000.then interest@4.5% on Rs.50000 and 4.5% on Rs.50000 is leviable or 4.5% on Rs.100000 cgst and 4.5% on Rs.100000 sgst leviable?
Sir,
I have close my partnership firm in the month of mar 2020, and open proprietorship business and returns of IT and gst is pending of partnership firm.
Here i want to know, the stock which i have in partnership firm, can be shown sold to my new business in this month.
Please suggest its very important.
Dear All
As announced by Honble Finance Minister, the TDS rate has been change by 25% on various sections like 194 C and 194J. Please confirm whether the deduction is applicable with respect of Invoice date or Payment date. Some clients have booked Invoice before 14.05.2020 and when payment is given after 14.05.2020 are still deducting 2% (194C).
Please help to get a clarity. Thank you in advance.
We have given raw materiel for weaving sarees . and paying wages for the same. Kindly advise me weather we have to pay gst on reverse charge on wages. As this is most urgent we need your valuable as early as possible.If we are not to pay gst under RCM let me know is there any notification in this regard. Thanks in advance,
K.B.NAGESHA RAO.
9448826793
Due date for filing of cooperative societies registered under cooperative society act of concerned state government.
Salary TDS for March 20 deposited on 21-05-20. Should I pay interest for 3 months. Pls clarify.
Hope Interest is at 0.75% per month.
Thanks.
Is it compulsory to add branch in IEC?
What are the consequences of non compliance?
If reference of the rules or any government website available, then please provide..
Thanks in advance.
IN FY 2018-19 I HAVE UPLOD SALE BILL IN GSTR 1 OF Q4 2018-19
BUT NOT PAY TAX IN FY 2018-19 GSTR 3B
SO PLEASE TELL ME THAT HOW TO PAY TAX NOW
OPTION -1
PAY TAX THROUGH NEXT YEAR FY 2019-20 GSTR 3B (MARCH 20 GSTR3B IS DUE TO FILL TILL NOW)
OPTION -2
PAY TAX THROUGH DRC -03
IF DRC 03 WHAT WILL BE CAUSE OF PAYMENT VOULANRY OR OTHER
CAN SELCT SECTION 73 (5)
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Dear Sir,
I hope all is good in lock down period sir i have one query.
i am using tally erp9 software we have two company like panchal ..... machinery and panchal ..... works . i am sale machine with name panchal machinery and payment received panchal engineering so please tell me about adjustment entry for account nill
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Interest@9%