Ramit Saxena

We are buying agents base in India and sometimes we receive our commissions from different countries for the trade that we facilitate between the seller and purchaser. Note that in such trade, no goods go cross the Indian borders. The seller and the purchasers are in countries other than India.
In such case, will GST be applicable on our receipts from abroad?



Anonymous
04 August 2018 at 16:13

Firm registration

i want to regsiterd GST account, how much i will need to pay/Month, how to calculate GST for Book publishing business,
Turn over not will be more than 10 lakh per year right now, so any other registration process to open Current account


RAJA SINGH
04 August 2018 at 15:55

Filing of it return

An assessee doing petty business dealing (pharia business) in various items; is having stock in trade of Rs. 500000/- & cash balance of Rs. 200000/- as on 31/03/2018, in this business mentioned above.
He is also having Rs. 600000/- in his personal Balance Sheet apart from cash balance of the business, which of the cash balance will be filled up while filling the ITR 4 (Sugam) as the ITR requires the figure to be filled up for business only.


udayy
04 August 2018 at 14:22

Partners remunaration

Paid remuneration Rs.360000/- p.a(2 partners as per deed). Maximum remuneration as per Book Profit comes to 48,00,000 /- & the same i want to claim in to my partnership business. Can I do so..?


SRINIVAS.G.
04 August 2018 at 14:17

Gst on sale of land and building

Namaste all,
ASSESSEE IN THE BUSINESS OF PURCHASE OF SITE AND CONSTRUCTING RESIDENTIAL BUILDING/ HOUSES , AFTER COMPLETION OF CONSTRUCTION SELLING IT TO INTERESTED BUYERS. IS GST APPLICALBE IN THIS CASE . ASSESSE SITUATED AND HIS ACTIVITY IN STATE OF KARNATAKA.


Ashim kr Ray
04 August 2018 at 13:43

Can claim itc by supplier

Sir,

A supplier of state govt department supplying sand gravel ,stone chip ,brick can he can ITC on this product.


MOHIT KUMAR TOMAR

What is the tax treatment of transfer of capital asset by proprietor of one business to another business of the same proprietor?


Ishq Khan
04 August 2018 at 13:20

Journal entry related to gst.

DEAR MEMBERS/EXPERTS
WHAT WOULD JOURNAL ENTRY BE PASS,IF COMPANY MADE PAYMENT OF GST THROUGH BANK TO ME AND SAME AMOUNT OF GST PAID BY ME THROUGH BANK?


CA Vinay Dixit

Hi all,
if mother give rs. 500,000 in cash to son as a gift, then can it attract any income tax ? do mother has to prepare Gift deed? if this transaction liable to tax then how to save income tax liability.

Regards


Abhay Kumar Sethia
04 August 2018 at 12:53

Wages accounting

Dear Experts,
I have a query regarding that the payment of wages to the workers employees at factory in a typical rural area.
The issue is that there is heavy labourer turnover and secondly these labourer want the payment in the others bank accounts and so on (thing is that the credit accounts is not fixed however we have take many steps to credit the wages to the right persons account only but this is not possible due to heavy impact of labourer union) now we are bound to pay the labourer at their willing account (which is changing almost every month).
Now please guide me how I shall deal in my accounting as there is an number of accounting is opened in my accounting software.





CCI Pro
Meet our CAclubindia PRO Members


Follow us



Answer Query