IF A TRADERS WHO IS A NORMAL TAXPAYER & SUPPLY EXEMPTED GOODS BUT PURCHASED DABBI'S (PRIMARY BOXES FOR PACKAGING OF FINALPRODUCT) AND PAY GST ON IT. CAN HE CLAIM ITC ON PURCHASE OF THOSE SMALL BOXES

1. Booked a Villa of Rs. 43 Lacs in 2008 possession was agreed within 3 years.
2. Paid 95% within a year as and when Invoice generated by taking home loan and rest 5% was to be paid at the time of possession.
3. Possession not given after 3 years, even after lapse of 8 years in 2016 the unit was not ready.
4.Requested the builder to give possession on as is where is basis.
5. Builder estimated work of 7.5 Lacs remained left and got ready to pay back and entry to this effect passed in giving credit to buyers account.
6. Builder did not paid 7.5L rather constructed the left work.
7. Generated the iñvoice of 7.5L on 31.03.2019 charging GST@12%.
8. Buyer argues that new invoice cannot be generated for amount already paid in 2009 . Hence no Gst.
Pl advise

CA Suraj

Sir I am selling my old office so is there any gst is payable if yes can I collect from the buyer

Respected Sir,

If Person Cancelled his GST Registration wide effect from 1-3-19 and received e mail from department informing the GSTN has been cancelled.

Now question is does he is required to file 3B & GSTR1 for March 19 ?
and required to file Annual Return for the FY 17-18 & 18-19 ?

Experts comments requested.

Thanks & Regards

I have a land which has provided on lease rent basis to a Collage, After some time collage trust Request to Me that develop the land there for(With Agreement for Development) I on own account i develop the land & such amount of development Rs.40 Lakh was remembered by Collage with GST.
My Question is 1.can take ITC on Development of Land ?
If Yes Then What is supply.
If No Then Why.

I have 2 doubts please clarify me
1. In construction builder gives constructed Flats to Land Lord for L.L share so GST is applicable

Has builder to collect GST from Land Lord
Or
Has builder to pay GST on behalf of Land Lord

2. What is the GST Rate for Land Lord Share?
12% or 18%

SIR I have a small question . if any person resides outside india for job purpose & he sends every month money in his home. now he decide starting a new retail business in India &also doing his own job in outside india. So sir when he sends money in India he tax paid in that country. my question is that moneyhow to show in ITR file ?? Please guide me. Regards Anirban Chatterjee

We are Register Dealer in GST , RCM is applicable this year (F.Y. 2019-20) for this service which mention below from Unregistered Dealer 1) SALES COMMISSION PAID @ 1% against Turnover 2) Technical Consultancy Fees Paid 3) Interest paid against unsecured loan form Director & Others. 4) Profession Fees

Dear Experts,

Land land surrender land to Government for that Government issued TDR(Transferrable Development Rights) certificate. Land lord sold TDR certificate and received consideration from builder. What is the Tax implication?

1. Is it capaital gain tax or not?
2. Is it capital receipt not taxable?

Please tell me we made sales to china subsequently sold goods are return. we take the return goods payment of custom duty (Ex Custom duty paid is Rs.250000,in that Rs.150000 is Eligible for IGST input), My Question is the balance (250000-150000=100000) Rs.100000.cost added to Sales Returns? . Please give Accounting entry for above query with example.