Dear Experts
If a person who is trader of shawls and shawls are vat free before GST.He buys from manufacturer who is also not register for any Tax liabilty.Now there is GST on shawls. Can trader claim any itc regarding this.

in gst is it ok to maintain two separate invoice books one for credit bills and the other for cash bills each book have different series number

Hi I have doubt in considering GST rate for restaurants, there is restaurant which has both AC and Non AC dining so which rate of tax will be applicable?

in vat
purchase of used car Rs: 1,00,000/- from raju including vat
sale of used car to krishna Rs: 1,10,000/- including vat.

we raised entries as per

purchase of used car DR Rs:87336.25
Input vat a/c DR Rs: 12663.75
To Raju a/c Rs:100000/-
(purchase of used car santro)


sale entry:

krishna a/c Dr Rs: 110000/-
To used car sale a/c 90069.89
To out put vat a/c 13930/-
(used car sale to krishna - santro)

vat paid as per output vat - input vat : 13930- 12663.75 : 1266.25/-
vat payable value : 1266.25

pl give entries in gst regime with above examples. we purchase car from raju. he was not registered in gst.

How to calculate the selling price of goods by giving the effect of sec 140(3) i.e. 40/60 % of gst.

Hi all.
I bought two plots in Chennai in 2004 before coming back to India from Saudi Arabia on final settlement. I registered one plot in my daughter's name and the other in my son's name. After his marriage in 2006, my son got employment in Canada and now his entire family lives in Canada under Canadian Passports for the past 7 years. How could I sell the plot in my son's name since he doesn't have either Indian Passport or Aadhar Card.
Our house inherited from my father, only me and my wife living in it since I am the only heir for my parents, also needs to be bequeathed both to my son and daughter.
Would somebody kindly advise me how could I accomplish both the tasks mentioned above.
Thanks in advance.

mere paas lubricants ka stock 30 june 1 crore ka hai aur ye pahle 15 % slab mein tha bt ab 18 % mein aa gaya hai....to ye diffrence ka 3 % ka kiya hisab hoga.... kiya mujhev30 june ka closing input tax credit brought forward ka credit milega.... kiya es itc main gst liaility chukaa sakta hun pls guide..

please provide solution I have a business and dealing with goods and my annual turnover is not crossing the limit of 75 lacs and also the exemption limit of rupees 20 lacs there are some questions 1 should I opt for composition scheme 2 what if my annual turnover does not exceed 15 lakh and I have opted for composition scheme what shall be the amount of GST 3 what if my annual turnover exceed 8 rupees 20 lakh and I've opted for composition scheme what shall be the amount of GST

Dear experts, we are filing ITR u/s 44AD for ay 17-18 as per details below : 1) Total turnover w/o tax is 1.55 CR. 2) Amount recd. thru banking channel 1.20 CR. 3) Amount recd. thru cash etc. 0.40 CR. we have recd. amount from parties with tax i.e. vat, CST. But turnover is w/o tax. So, we have to deduct tax amount from payment to match turnover i.e. payment recd. thru banking channel less tax amount included in payment. Is the above practice is correct? please guide. Rakesh Sharma

What is hsn code and rate for sarees , fiber doors , computerised drafting and wood craft