Dear Team,

We have passed journal entry for Gratuity payable dated 31.3.19 as follows:
Gratuity A/c Dr
To Gratuity payable A/c

If there was no gratuity paid for the payable amount entered earlier and the new provision has to be created for the FY 19-20.
In this scenario, what about the old payable balance entered on 31.3.19.

Will that be added to current year provision? Or is there a cancellation entry for the old amount?

TRANSPORTAION EXP PAID FOR THE TRANSPORT OF PETROL AND DIESEL SHOULD WE PAY RCM IN GST ON TRANSPORTATION EXP FOR TRANSPORT OF PETROL DIESEL AS PETROL AND DIESEL ARE VAT ITEM ..??

A Goods is sent for job work of Rs 60000 and eway of Rs 60000 also made. Job workers Bill is RS 30000 and isgt
3600 Total Rs 33600. Now While Returning the job work Goods which amount eway bill should be generated.
1. 60000 2. 30000 3. 90000 4. 93600

I received Gratuity from my previous company at the time of my resignation, in April 2019. I joined a new company which does not have gratuity provisions. Under Section 10(10) i there is an exemption of 20L on gratuity receipt. Is this applicable during job changes also? Or Is the amount taxable at my hand? Please clarify.

Mr.A, an Architech is doing Arch. consultancy business in India,
but not registered in GST because not crossed the threshold limit.

Now moving to abroad and become NRI. (on employment)
Now the question is..

a) Should he go for GST registration (though not crossed the threshold limit) as a regular tax payer
b) Can he continue his professional business in India (with PoA to his family members); while working in abroad.

We have a gold loan business company that has annual turnover Rs 4 Crore for the FY 2017-18. Our branches are situated in three states and the total turnover in state wise is less than Rs 2 Crore. So, we have the following with regards to filing of GSTR 9 and GSTR 9C.

1. Whether we want to file separate GSTR 9C for each state?
2. If we need to file separately for each state then how to reconcile the total turnover as per GST Return and total turnover as per Consolidated Profit and Loss A/c?

if a co holds 70% share of B ltd but no control on such co by entering into contract then it will be called subsidiary or not

We are manufacturer and sending our materials for Job Work purpose and now ITC-04 is to be filed but we are getting Technical error from Sept-2018 to March-2019.

At the same time i heard some notification has come for waiver and how to treat this and which notification we have to follow

dear experts,

Please help me to know any limit in adjusting output tax when issuing credit note (sales return).

any limit to debit note?

Thanks in advance

Regards
Rajesh

To a query "Itc refund for e commerce sellers" posted on 14th Jan 2019, (please click on this link to see the original query and answers provided by experts - "https://www.caclubindia.com/experts/itc-refund-for-e-commerce-sellers-2713454.asp" ), experts mentioned that it is not possible to claim refund.

However, I guess, the intention of person asking this query was, whether seller or actual supplier could use this available credit at the time of discharge of tax liability (his GST liability)?".. that means, though seller is not able to claim refund, can he/she use this credit to set off his tax liability (his GST liability) ? (please be noted that this query is not about utilizing TCS/TDS credits).
As per my knowledge, every seller is utilizing this available credit amount to set of their GST tax liability. Kindly clarify. Thanks in advance.