We have formed an association to maintain various services of our campus. We have elevators in our building and want to have annual service contract with the suppliers. It is around Rs. 60000 for one lift. Our association is not registered. Are we supposed to deduct a percentage of GST being charged for the contract? We don't have PAN and GST number for our association.

Sir
give me a format for noc letter regarding resignation of one partner from partnership firm and he had no objection if remaining partners are continuing the firm"

Sir, after tax audit, some amount of input tax credit has been reversed due to non payment within 180 days. Now I have to pay this amount. Please let me know the procedure to pay this amount ?

We are register Dealer in GST Act. Our ANNUAL TURNOVER is rupees 187.28 crores for the Financial Year 2017-18 & rupees 288.50 Crores for the Financial Year 2018-19
GSTR 9 RETURN is compulsory us for the F.Y. 2017-18 & 2018-19 both year or only 2018-19 year

Dear Experts,

Expenses incurred during 1st year of business (no income in this year) are not treated as Preoperative Expenses (debited to expenses head) but treated as business Loss and this loss is carry forward to next year. Is it right or required to be change.

Preoperative expenses will be amortized for next 5 years, is it compulsory in Income Tax laws or this can be treated as expenses in 1st year and Loss will be carry forward for next year (as done as per above).

We are registered GTA (M/s A) service provider.
Frequently we hires a truck (with driver) from another GST registered GTA Service provider/ Transporter (M/s B) for the purpose of providing goods transport service by road.
Now question is 1. Can M/s B issue Tax Invoice with GST to us? Both companies are GTA service provider. 2. Who is liable to pay tax? What is the rule of if a GTA hair service from another GTA service provider. Pl provide Notification No.

Dear Expert,

We had received an Invoice from a proprietorship firm for Brand photo-shoot (Including photographers, models and editing of images ,etc)
Bill amount is above 1 lakh

Please advice which section to deduct TDS

Let's say a fitness club gives membership for 24 months but then shuts down after 8 months. Full fees along with GST was paid at the beginning of membership. Now the club is willing to pay back the partial amount of 16 month fees after deducting 8 months fees.
HOWEVER, IT IS NOT REFUNDING THE GST FOR 16 MONTHS. GST WAS CHARGED FOR FULL 24 MONTHS. BUT SERVICE PROVIDED ONLY 8 MONTHS.
Is this view correct ?

Can anyone please let me know the GST Applicability on sharing of expenses by holding company with subsidiary company.

1. A is a holding company. B is its subsidiary company. Both the companies carry on their business from same premises. In other words, Place & Nature of Business of both the companies is one and the same. Both the companies are registered under the GST law.
2. Common related expenses such as Salaries, courier expenses, office rent, telephone expenses, motor car expenses, printing & stationery expenses, royalty expenses, overhead expenses, accounts & admin department expenses etc are borne by company ‘A’.
3. At the end of the year, company ‘A’ shares these expenses with company ‘B’. For this purpose, company ‘A’ issues tax invoices to company ‘B’. Company ‘A’ pays the tax along with returns.
4. Company ‘B’ record these transactions in its books of account as tax paid
purchases and claim ITC (Setoff) in its returns.
5. Querist seeks to know whether this arrangement is in accordance with the law and whether there are any issues which may be raised by Revenue Authorities?

How to claim GST on air fare ticket?
In my 2A no GST regarding the same has been shown.