We are in Automobile Industry. We are Exporting our Products to South Africa through Renault. The Shipping bill is in INR & we also receiving payment from Customer in INR. Can we avail EPCG benefit?
Dear All,
Is there any clarification regarding the definition of turnover for Slab rate of 25% turnover less than 50crore & 30% for turnover exceeding 50 Crore?
Means whether this is inclusive of GST or exclusive?
Is the Honarorium paid to Municipal Ward Members taxable or exempt. plz advice along with section.
Does the amount of bad debts written off in earlier years written back in the current year forms the gross receipts for arriving at the limit for tax audit purposes?
j r kota
For unregistered professional..under gst, how will we treat his income receipt basis or bill wise?
hello,
If I had given a house property for rent to a hotel , later i aquire such hotel , it would be under business/profession
how should i treat in books ?
what value should i provide for houseproperty in balance sheet ?
If a educational society registered u/s 12A and receipts received as fees and incurred expenses in form of salaries to teachers should the income to be consider in pgbp or not
Dear Sir,
We have wrongly filed GSTR3B for the month of July-17 & Aug-17. We wrongly mentioned IGST against export amount under table 3.1(A) i.e. Outward taxable supply (other than zero rated, nil rated and exempted) instead of table 3.1(B) i.e. Outward Taxable Supply (Zero Rated).
Hence, our refund against IGST paid on exports has been stuck up. Refund can not be processed until GSTR3B and GSTR1 data matches. So, what can be done in this case?
Please reply.
Thanks
JATIN
WE ARE PAYING OFFICE RENT P.M. RS.10 LAC
PREMISES OWNER RAISE INVOICE & CHARGE GST.
ON THAT RENT INVOICE CAN WE CLAIM GST INPUT CREDIT..
PLEASE GUIDE US.
THANKING YOU,
RAJKUMAR GUTTI
What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies @ 5 GST by suppliers??
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
Epcg benefit