Dear Expert,
We received a C&F invoice with the following charges.

1. C&F charges (commission)
2. Transportation charges (Reimbursement)
3. Loading & Unloading charges (Reimbursement)
4. Printing & Stationery (Reimbursement)
5. Hamali Charges (Reimbursement)

1. whether reimbursement of transportation/freight creates a liability on principal to pay RCM
2. Is TDS to be deducted reimbursement of hamali and loading and unloading service providers

Kindly clarify the above

Thanks in advance

My client is exporting goods to foreign country. I will be exporting without payment of GST thru LUT.
I have gone thru so many articles, columns, post on Exports still i m confused because of ambiguity and hectic rules of Exports.
I want clarity in this matter that -- I can claim the ITC on purchases of such goods as per regular course, Right? I wont have to claim for Refund of ITC on Purchase of such goods, correct?

As per latest provision of Ind AS, what the accounting treatment has to be given for first Insurance Premium and Registration Charges of newly purchased car or movable machinery. As the the life of insurance premium normally remains for a single year. And another aspect is that without registration charges and first insurance premium the car cannot be usable. Please solve the query.

builder had filed letter in march 2019 opting for old scheme. is that old 12% scheme applicable for all project or can he opt for new 5% scheme for new project?

i feel its applicable for all projects, but then it sounds unfair, what if he wants new 5% scheme for new project?

regardsca kunjan

Respected Sir,

ROC requires balance sheet into 100 denominations. There is a formula in Excel whereby data can be converted very easily into 100 denominations or 1000 denominations or 1,00,000 denominations. Please let me know the method for such a conversion.

Dear Expert,

While a compnany receiving the materials through the transport agent, a company need to pay the GST under RCM or not?

Pl clarify.

If a company prepare Income tax ITAT appeal challan of Rs. 10000/- for AY 2017-18.
By mistake taken 282 challan and minor head taken Tax on regular assessment-400.
Is there any chance to refund or correction in challan.

The information entered by you is at variance with the auto-populated data. The liability has been computed on the basis of the information auto-populated from FORM GSTR-2B. It is reflecting in August for reverse charge on inward supply. What to do in September? Shall I add the amount in September manually.

Hi,

While filling Form 26QB I'm facing some issues.
Agreement was executed a little late after the advance payment to seller.

Date of Agreement/Registration: 10 Oct'22
Date of Advance-1: 25 Aug'22
Date of Advance-2: 21 Sep'22
Remaining: Loan - Disbursement pending (15 Oct'22)

Should I mention Date of Credit/Payment to seller, as that of Agreement/Registration?
Or will the TDS fee/interest be applicable in my case?

Sir

Can a dealer, whose status is " Regular " claim ITC on GST paid under RCM on rent ?
Where should the GST amount under RCM be entered in the GST portal, GSTR 1 or
GSTR 3B and under which table ?

Pls. advice.