We are registered GST company taking contracts from dealers to provide transportation services by road for their goods. We utilize GTA service providers to provide such transportation services who raise invoices on our company basis RCM which we pay and take input credit. We invoice to the dealers under RCM based on the contracts and they pay the GST on RCM basis. Due to this the inputs in the GST credit ledger is accumulating as we are paying GST under RCM to the GTA service providers and taking input credit while our customers are paying the GST under RCM for the invoices we raise on them.
Please advise if this is the correct way of invoicing and not what is the right way to invoice such transactions.
Dear All,
There is a cash balance 0f Rs 34 lakhs in partnership firm , there is no cash deposits during the year.
please advise
My DIN is deactivate due to non filing KYC. I want to update it but the otp sent to old mobile number which is not available now.I also tried to file DIR-6 but showing not a valid DIN.As dsc registration not complete, I m unable to file DIR-3KYC. Plz help me..........
Error in uploading PTRC Return as "Upload is in progress"
I have received a demand notice u/s 156. Where I have to pay Rs.1,50,000/- as tax. But it is impossible for me to pay immediately. Hence I'm here to ask, is there any possibility to pay the tax demand in installments? Kindly give me an solution as soon as possible?
Hello,
We have purchase a flat & possession is in 2024, we are paying EMI.
My query is can we claim EMI and stamp duty in income tax return.
Kindly Confirm E Invoicing is mandatory to generate bills in Restaurant Industry when prescribed limit is exceeds.
I am a salaried individual and planning to create a HUF.
1. Will that be fine to transfer my post tax savings from salary to HUF bank account and create FD's there?
2. Will there be Income clubbing applicable for me on FD interest from HUF account? The FD would be created using the amount received from my salary account.
OBJECT CLAUSE FOR IMPORT AND EXPORT OF SPICES
Hi,
we are trying to file our TDS returns 24Q and 26Q but the latest RPU 4.5 file download is showing error404 and not getting downloaded from the tin nsdl website. Is there any other way or website to download it from?
We dont want to incur more late fee due to this.
Please help
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
Clarification regarding GTA