Dear Sir/Mam, would you like to tell me about Composite scheme available for Lodging (Hotel Sector) & For Work Contact ,as per new rules of GST Act.

dear sir, we are a firm with 3 partners with 12% capital interest written in agreement..this year we face a loss of 2 lakhs.. Shall we reduce the partner's capital interest from 12% to something lesser % ?

hello, kindly let me know PaneltyLate fees applicable to GSTR 1 and GSTR 2 if not filed in time..thanks in advance

Dear all please clarify my doubts

1) my client have 4 own lorries(Heavy Vehicle), he uses for transportation on contract basis, turnover is above 20 lacks
Is he need to register under GST

2) my client have 4 own lorries(Heavy Vehicle), he uses for transportation(not contract basis) of goods, turnover is above 20 lacks
Is he need to register under GST

Rs 215410/ was deducted as TDs under 194LA by SECL on payment of compensation of house month of jun 2016 .As per new land act circular no36/2016 dt 26/10/2016 , no tax is to be deducted. Please guide me how I can refund my TDS and which ITR form is to be filled for A.Y. 2017-18

I sell chocolate products online (zomato, Amazon etc.).
when I sell on zomato - it is delivery only restaurant - GST 5% - No ITC
When I sell on Amazon (Interstate) - it is sold as product - GST 18% - ITC allowed
I am running my unit in rented place. Owner does not have GST no. so I don't get GST taxed rent receipt.
I have following queries. Your guidance will help me.
1) Shd I approximately take ITC, based on assumption that x% will be sold on Amazon and y% will be sold on zomato, when I purchase my Input material.(Because there will be only 1 invoice when I buy input material)
2) Amazon and Zomato charge commission, convenience fees and also apply CGST, SGST. Such charges on Amazon, I can take ITC. Zomato, I can not take - Is it correct?
3) Is there anyway I can get some credit for the rent I am paying?
4) I need to fill GSTR3B for paying tax, based on Invoices I receive from Zomato, Amazon for the month. Is it correct? Do I have to raise any Invoice on Zomato, Amazon etc?
5) I sell my product online, so which GSTR form should I fill, GSTR1 or GSTR2. I should give details of only zomato and Amazon invoices or each transaction of each customer to be filled? I am confused here and seek your help.
6) My turnover is about Rs. 20 lacs, so when should I file return? (return means, GSTR1 or 2 or 3 - kindly let me know).
Looking forward to your guidance

Dear Team,

Greetings!

I would like to know that last year I was working in abroad in Macau and my salary was approximately 1 lac per month in inr and in 12 months I earned 12 lacs, so please tell me I have to pay any tax on my this income or it is tax exempt or if I have to pay than how income tax it would be?
Thank you!

Dear Sir,

I had paid 20% of the demand amount and filled appeal before CIT (A) also communicated to A.O and he issued the Stay letter but now after one month he again issued the recovery notice and ask to pay Rs 20000/- more to get stay now what should i do and what if i donot pay the enhance amount?

Please help.........

Hi!
What are the ingredients of a service to be classified as Catering Service?

A restaurant receives an order for a number of plates to be supplied as lunch. Instead of packing individual packet at its premise it carries the lunch in containers and distributes it at the venue and charges per plate basis.
Whether it will be treated as Catering Supply or Supply by a restaurant?

(GST rate for Catering (SAC 996334 ) is 18%, whereas for Restaurant (SAC 996331) is 5% without ITC.)

SIR, do I need to take in principle approval for filing INC-1 for NIDHI COMPANY.it is asking so. please guide me what to do.if I select NO then the word NIDHI Can not be inserted which is mandatory for forming Nidhi company.