The General Body of Housing Society decided to replace 52 year old Otis lift with new lifts of Schindler, which will last for 25 years or so. Is it correct to treat the expense of 2.50 Crores as capital expense , which is liable to depreciation. GST is charged by Schindler on machinery and service to make it operational.

The Society is billing these capital expenses as repair and maintainance cost and adding it in quarterly bill and as total after such an addition is over Rs.22,500/ it is levieng Output GST of 18%. Is this correct position under accounting principals an GST Laws?

Circumtances in which GST department can freeze the bank account? What process need to be followed by department?

Dear Sir / Madam,
We are in to the business of Sports Arena. Wanted to know if we are eligible to take GST Input credit against the GST paid for purchase of Artificial Grass procured for setting up the football field.

The artificial grass is an essential item to set-up the facility.

Thanks

I have sold my house, and purchaser has deposited TDS under section 194IA.

So can I show this as my investment declaration to reduce my TDS Liability deducting from Salary.

I mean my annual TDS liability is 100 Lac and TDS is reflecting in 26AS u/s 194IA is 50k.

So can my company charge only 50k from salary ?

Is this possible ?

please guide.

Hello,

Maximum Time limit for a.y. before 2020-21 is 6 years or 10 years

I have a doubt regarding Export of Goods with Payment of IGST

Assessee is an Exporter of Apparel products.

They are charging IGST in some invoices stating the fund position as reason.

They are receiving payment from buyer after a month from Invoice date and we have to pay IGST while filing GSTR-3B and claim refund of the same.

What is the reason for charging IGST , because we are paying IGST out of our pocket and claiming refund before receiving the payment from the Buyer

Hi everyone,
I am working with a dealer in trophies and medals. The firm purchases the trophies at GST rate of 18% and 12%, but at the time of sale he advices me to charge only 12% GST even if we have purchased the trophies at 18%. Can anyone tell is it a right practice. And what will be the consequences if the GST department comes to know about it. Are there any penalty or fees imposed for the same.

Thanking you

Assessee is a partnership firm providing warehousing services, like storage, fumigation, loading and unloading etc., of food grains, to Food Corporation of India.

Can he claim exemption under GST based on entry no.54(e) of notification 12/2017 or entry no.24(e) of notification 11/2017?

Whether AAR decision in the case of Samco Logistics LLP where GST is decided as applicable will be pertinent to this case?

AAR M/s SSSVK Cold Storage Private Limited holding that Services by way of Renting Warehouse for Storage of Agriculture produce falls under Service Account Code (SAC) 998619 and attracts NIL rate of GST 18% vide AAR/AP/02(GST)/2018

Whether any of the above AAR is applicable? Whether there is a condition that warehousing services to be directly provided to the farmer or whether warehousing services to FCI is also covered under abovementioned notifications?

Hello
I had not done franking and stamp on 102 Form within specified time limit within one month from commencement of Articleship.
And now almost 10 month gap between 102Form and Stamping in Form 102,
ICAI has demanded the stamping done within 30days from the commencement of articleship,

Now E-stamping facility has been introduced by Govt sothat back dated stamp not possible,

What can I do now??

Any solution for that Kindly tell the solution if anyone has.

Email Id- vedshubham28@gmail.com

Hello, Mis matching of ITC/scrutiny assessments completed 2017.-18. What is last date of completion of assessments other scrutiny and composition dealers for 2017-18 and 2018-19.Learned Experts opinions are invited. Thanks