Sir,
A Doctor maintained a pharmacy Stores registered in gst act regular scheme.it returns show in amount details mentioned below
1.professional income rs:50 lacs yearly
2.sales of medicines turnover for pharmacy business rs:150 lacs yearly
3.rent pay to pharmacy Store to un register dealer rs:1,20,000/- for commercial property

4.rental income from commercial property rs:3,60,000/-
5.agrilculture income rs:2 lacs
Question:
Assessess above mentioned incomes taxable or exempted and show in gstr3b return compulsory.

Please clarify 1. Ashoknagar Social Club, a member’s club has constructed a temporary shed utilising the services of a contractor who has no GST number. Is it the Club’s responsibility to pay GST to the work? Work cost is about 15 lakhs. TDS has been recovered and remitted. If the club has to pay GST, then what is the rate? Can the club claim input tax as the construction is for the benefit of the members only. 2. The club will be constructing a new building. The existing building is to be demolished. For this an amount is ₹ 4.75 thousand is received from a bidder. Is that amount is taxable under GST? The club will be paying GST if required and what’s the rate of tax? I request you to prioritise the question and give me clarification very early _ S. Ramanujm

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Dear Team,

Good day to All,

Could anyone please advise how to account freight charges shown in the Sales Invoice generated by my firm.

Example: Sale of FG 100
freight 05
Total 105

Can I consider Total sales value as 105 or should I take 5 (freight charges) into COGS.

Please advise and do the needful.

Thanks and regards,
V B Vijay Kumar

We are a Pvt ltd. company, we are offer vocational course like tally, accountancy.

when we will bill to customer, is gst charged on service charge, fees received or both service charge + fees received?

Sir,
Demand raised for inoperative PAN (Pan not linked with Aadhaar on the date of filing TDS return). Now PAN is linked to Aadhar and status of Pan is operative.
Do we need to pay total tds @ 20%. Or since PAN is operative now, can we file correction statement without paying 20% tds. Plz guide. This is for 26Q for Q2 of FY 203-24.

I need for model certificate to be issued by CA for the difference between 2A and 3B un GST notices. Can the experts provide it please
Kindly the model certificate to be issued by the dealer in case of the amount lessor than Rs. 500,000

Hello All,

Our sister concern is a Restaurant and GST of 5% as per GST rates is charged to the customers , can ITC of 18% and 12% on the rawmaterials be claimed or only 5% is allowed to be availed

Please advice .

Dear Sir,

I have a private limited company, we are offering the Vocation course Like Tally, Accountancy or so many course etcs.

now my question is when, we generate gst bill for customer, Is gst charged on service charge, fees or Both Service & Fees ?

Situation-1
Fees Received - 25000
Service charge - 2500
Gst 18% - 450
(Service ------
chage) 27950 total BIll
=====

Situation-2
Fees Received - 25000
Service charge- 2500
Gst 18% 4950
(Fee +Service -------
charges) 32450 Total Bill
=====
Pls confirm...

SIR,

MY QUERY IS IF COMPANY A PURCHASE SHARE FORM COMPANY B 30% SHARE , THEN HOW TO PREPARE a consolidated balance sheet.

Company A Company B
Purchase (3000share from B) 30%
UNLISTED SHARE -UNQUOTED

CAN I TAKE FULL FIGURE OF ASSET,LIABLITIES , EXPENSES OR 30% OF ALL ASSETS -LIABILITIES AND EXPENSES of COMPANY B .

THANKS

Hello everyone, I have a question regarding the origin of https://apkkingo.com/. I attempted to search on Google, but unfortunately, I couldn't find any information.