Dear professional colleagues, Greetings to all. My doubt is on applicability of GST on last disbursement payable to builder after 01/07/2017. I entered into the agreement to purchase my flat in January 2017. I also paid Vat and Service tax in full at the time of agreement. Now only last disbursement is payable to builder as the possession is given. The builder says that GST will be applicable to the last installment as it is being paid after 01/07/2017. Whereas my views are; I have paid full Vat and Service Tax already which was applicable while the buying took place. Now after 01/07/2017 I am only paying my outstanding payables. It's not buying or selling of property. Therefore GST will not be applicable. That would count as double taxation as I have already paid Vat and Service tax on full agreement amount in January 2017. Now no tax is due from my side even if I am paying last disbursement after 01/07/2017. Please guide me if my understanding is correct.
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Dear Experts.
We have paid GST on telephone bill. Pls clarify can we avail the input credit of the same?
Thanks
Mohan singh
Dear Sir/Mam If my client purchase the property, whose guideline is above 60 lacs.. so in this regarding he receive the notice from I.T department or not... Plz tell me
Dear Experts., A Assessee want Machinery loan. He move to "Syndicate Bank". The bank ask 2years IT and Business related details. We prepared the required documents. Now, The bank asks "Projected Balance Sheet and DSCR" (The assessee write a small paper). What is DSCR....? Please reply Dears..... Thanks & Regards RAJA P M
Dear Experts,
How do I register for CA Final if I haven't registered myself for it yet?
Could someone provide me with the correct link to final registration form because the one I found on ICAI website doesn't have any option to choose elective subjects and also kindly let me know the registration fees for final?
Thank you.
Dear Experts,
My CA final attempt is in May 2018 and I haven't registered myself for final yet.I have read that new syllabus will be applicable for those registering from July 1st,2017 onwards and I have also heard that students appearing in May 2018 have an option to choose either old syllabus or new syllabus for CA Final but I am not sure how far it is true.
Could someone let me know if such option exists or only new syllabus will be applicable to me?
Thank you.
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The Son is receiving gifts (immovable property) from his parents. He wants to do tax planning by taking the property in HUF so that he can show the rental income earned in HUF to save tax. What are the legal procedures?
Should he transfer in his name and show rental income in HUF? Or
Should he need to get transfer property in the name of HUF and show rental income in HUF?
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GST applicability to Last Disbursement payable to builder