we have purchased a new cell phone with gst.
shop person given us bill with gretaer amount and shown discount with credit note.
what will be entry to take gst benifit and will it be expenses or will be in fixed asset side.
can we claim depreciaition

Is it possible to issue Preference Shares above 200 numbers in a financial year by NBFC registered with RBI.?

We have procured new equipments as આ capital equipment but to start the equipment we have to fill lubricating oil in equipment. Can we capitalize oil (first charge )?

Dear all,

One of my client has interest income of more than 20 lacs will gst will be applicable on it????

I am CA, qualified in year 2012 and currently working in Govt company where I have exposure in payroll, inventory accounting and tender related activities.
I am looking for a job change.
Simultaneously I wish to do CPA course. Can anybody advise whether CPA course is useful for person in service as course involves huge cost.
Further can anybody suggest any good coaching classes for this course in Mumbai or Pune.
can anybody suggest any other course which can be value addition for CA in service?

Dear Sir

Can we take the input on Motor Vehicle or not [ Vehicle registered in firm name and it also used for business only]
Can we take the input in GST or not

Pl suggest me

Importer imported a machine and send back within 3 months for repairs this machine repairing cost is Rs. 10 lakhs and freight charge Rs. 2 lakh but machine under warranty period  so no amount charge from Importer. However, Supplier from outside India sent a machine to importer for Temporary use for the period upto repairing of original machine, which having value of Rs. 55 Lakhs

Is Custom duty is applicable on Temporary machine or repairing value

I HAVE TAKEN EXCESS CREDIT IN FINANCIAL YEAR 2017-18 BUT REVERSED IN SEPTEMBER 2018, THEN HOW THIS REVERSAL OF ITC WILL BE SHOWN IN WHICH TABLE OF GSTR 9 OF FINANCIAL YEAR 2017-18?

Payment by Private Educational Institution to Teachers covers in which section for the purpose of TDS, whether in 194J or 194C and why?
If covers in 194J, can the teachers file their returns u/s 44ADA.
State the relevant extract of relevant section or case law.

A state govt.(superintending of police)office provide security personnel to some bank.In this situation who will collect gst and pay to govt.?