jitu parmar
10 July 2017 at 12:54

gst on gold

one of my clients is doing business of gold jewelry turn over is below 75000 can he apply for composition scheme under gst.and what is rateto be chatg



Anonymous

Please provide the specific notification/circular vide which GST is payable on Reverse Charge basis for supply of goods above Rs.5,000/- purchased from unregistered dealer.


datti alekhya
10 July 2017 at 12:52

Unregistered dealer

there is any limit in amount of purchases from unregistered dealer
Eg. if i want to purchase books from stationary which is unregistered only upto 5000Rs value only i can purchase or there is no limit of amunt in purchasing from unregistered dealer


pranab sarma
10 July 2017 at 12:49

4 digit hsn code

I found the following HSN code for our products (we are a printing press) :
Printed Books ----- 49011010 ----------- Tax Rate - Nil
Leaflet / Brochure --- 49011020 -------- Tax Rate - 5%
Now as I have to mention 4 digit HSN code in our invoices which part will constitute that 4 digit i.e. the first four number (4901) or the last four number (1010/1020).

Please suggest & thanks .......


Rakesh Bandal

Dear Sir,
One of my client going to receive money for business purpose from Singapore to our country
such amount will be received for subscription of Equity share in a Private limited company or as a share of capital contribution in a registered Partnership firm
Please guide what are the rules and regulation to be complied to receive money

Thanks


Sohil Mittal
10 July 2017 at 10:46

Composition

I am a small garment retailer under vat with 45 lac turnover want to enter into composition scheme, but my closing stock has maximum ex state purchase, can i opt composition scheme in gst


Manoj Panjabi

In view of the clarification that used car dealers have to pay gst on marginal turnover, Whether they can go for composition if their marginal turnover is less than 75 lakhs ( sales less purchases)



Anonymous
10 July 2017 at 09:56

Partners remuneration & interest

Dear Experts.
pls clarify :- whether partners salary & interest is allowed for AY 2017-18 or only interest is allowed?

Thanks & Regards
Subhi



Anonymous
10 July 2017 at 09:37

Selection of proper head

Dear Sir/Madam

Greetings!

I am working as Assistant professor in one of the college of Delhi University. I also delivers lectures in other colleges/Departments of Delhi university. How the income received from such guest lectures should be treated. Is it income chargeable under the head business and professional or under the head other sources.



Anonymous
10 July 2017 at 09:36

Invoice number under gst

Dear Expert,

How do we start Invoicing number under GST from July onwards. Suppose, we have given 1 to 100 number from April to June then should we start from 101 number or from number 1 again. Any specific point to be considered in Invoice number like Alphabets or numberical or any digit etc etc...






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