Under GST if process undertaken by the job worker amounts to manufacture/deemed manufacture of goods then such job worker is eligible to opt for composition scheme
Nature of Job Work undertaken by us:-
We are engaged in amateur coil winding
We receive copper wire, stator and other materials from the principle and then we do amateur coil winding. This is then again sent to the principle for assembling of the Fan.
Query:-
1. Is Composition Scheme applicable to us?
2. What is the rate of GST applicable?
Please help us on this issue at the earliest.
Dear Sir
I had filed the filed the return for the AY 2015-16 but actually return to be filed for the AY 2016-17( return filed in September 16) now I had filed the return for the AY 16-17 pl give me the sujection.
Dear sir
If an individual engage in coca cola distribution business and his turnover less then one crore but his total income less then exemption limit (200000)
But income 1.0%-1.5% only
Now question that person liable to audited accounts or file returns compulsory
Otherwise not require return & not maintains accounts
Dealer is a registered person in vat now in gst also... No Interstate transactions.. Has excess ITC for June month under vat.. Is he required to show details of stock held in TRAN -1???? If so where??? Kindly consider this and give your suggestions.. Thanks in advance...
This religious public charitable trust registered under Bombay Public Trust Act 1950 has many associated temples and institutions across the world. However it has no financial interest in any of these associated temples or their property.
The Board is considering purchasing property in the UK directly to develop into a temple. This is something consistent with its Objects as a public charitable trust.
What are the income tax implications of this from Indian perspective?
It would be purchasing this property from existing accumulated funds in India.
The the Income Tax Act and Section 11 and 12 might be relevant here but this is something I was unable to comprehend.
Thanks for your help
hello I have completed my articleship last year, I have applied for November 2017 exam but my ipc validity ends in December this year. Will there be any problem? because by the time results are out my registration had been expired.... please advise.
Applied for Final exam fees deducted twice but no confirmation received no mail no msg
ABC & Co. is a partnership firm having profits of Rs.36000 before remuneration but after interest to partners. After providing for remuneration, taxable profit becomes 0. Whether the firm is required to get its books of a/cs audited, considering the provisions of Sec. 44AD where it is stated that books are required to get audited if total income exceeds the maximum amount not chargeable to tax?
Hi There, i got registered for CA Final in Nov 2011 and my CA Final Registration expired in last year November. unfortunately due to some personal reasons i forgot to re validate the registration. What are the consequences of this. What would be the procedure to re validate now. DO I need to start it all over again from scratch.
Would you please let me know the procedure to re validate now. Do i need to freshly register once again for Final. Thanks for your help and time!
I have let out the building for commercial purposes for bangle Shop. I recd the rent @ Rs.15000/- per month. I have file the income tax return. I have file the income tax return non taxable last five -six year. what is the pay GST @ 18% on Rent recd. please clear the position.
Anurag verma
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Applicability of composition scheme_urgent