Can you help me in the following computation Suppose I am a Composite dealer under GST I am an manufacturer My Aggregate turnover was 40,00,000 Computation 1 CGST 40,00,000*1%=40,000 SGST 40,00,000*1%=40,000 Total Tax(2%)=80,000 Computation 2 40,00,000*1%=40,000 Total Tax =40,000 SGST(50%)=20,000 CGST(50%)=20,000 Above two options which one is right . If both are wrong. Then please suggest the right computation With respect to composition scheme under GST

Dear Experts. Whenever i am trying to complete my GST registration on the GST portal with the E-Signature option it gives an error. After selecting NSDL/ C-DAC for verification i get the OTP, but when i enter the OTP it says "Something went wrong" . Is it a common error or some sort of bug in the GST portal, or is it only me. Please help.

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Is nominee director treated as independent director? & what the tenure of holding office as a nominee director?

Dear Sir,

In a pvt ltd Clinic , we have the ST reserves charge on Manpower and Security , we are paying ST on Reverse charge system, we converted ST to GST migration, here we can pay the St Reverse charge or GST

Please suggest further

i required only 40 marks in costing ca final what should i refer for quick compleation

Dear Sir,

1) GST is applicable for Hospitals are not , at present we are not claim any input VAT and output VAT and there is no ST input and ST output.

please suggest further

My friend has medical store having turnover of Rs. 3 lacs. He is unregistered retailers.

He is purchasing from registered person (stockiest/wholesaler). Now his suppliers are forcing him to take GST number saying that they will not get credit if they will sell to a unregistered retailers.

In my opinion this is not true. There is no any provision in GST according to which a registered person can not take input credit if they sell the goods to unregistered retailers.

Please reply.

Dear All,

My client has made a sale of property in FY 2013-14 and purchased new property in the same year and hence claimed the deduction u/s 54 and balance amount she deposited in the Capital Gain Account Scheme, till now she has not utilised the same; and that unutilised amount will be taxable in the year 2016-17 (i.e. end of time limit for utilisation).
Now my query is at what rate the unutilised amount will be taxed (i.e. at slab rate or at 20%)

Thanking in advance

All Dear sir i want to know we are in wholesale lense business and turnover is under 20lac and we purchase lense outside state .then should i have to take gst registration ?

Dear Sir/Madam,

A manufacturing company has also a guest house in which it provides lodging (staying) and boarding (food) services.

Clearly, staying facility is a service and providing food is a sale.

For staying it charges Rs.1000-1500 per day per room and there are different charges for food. One can avail either or both.

Do they need to make 2 separate invoices in GST regime?

Thanks.