Hi, we are a service provider of CNG kit to vehicles. CNG Kit GST Rate 28% Labour Service GST Rate: 18%, We fit CNG Kit in Customer Car How much do we need to charge GST Rate? or we can mention Material & Labour line separately on bill

CNG Kit Fitting charges = 28%
or
CNG Kit = 28%
Fitting charges = 18%

KIndly replay

For calculating the peak balance, should i consider the per day balance at the end of the day or after each transaction? Also, the statements reflects the posted balance for each day, should i include only the posted balance or the pending balance.

For example lets say, I deposit 100 dollars and take out 50 dollars - > the balance at the end of the day would be 50 but the maximum balance on that day would be 100. Which should be considered?

I have started a proprietorship business and am paying an individual for freelance services on an hourly basis.

My concern is:

Should I issue her an Bill with my business logo and address, including my proprietor details, but mark it as "Bill Received From - [Her Name]" instead of "Bill To"? Is this valid?

Alternatively, how should I manage the documents for her payments?

Should I provide her with a payslip? If yes, how can I include hourly details in the payslip since she works on an hourly basis?
Please advise on the proper documentation process in this scenario.

If Builder pays stamp duty on flat can same be considered as a expense in Income tax return

PLEASE SUGGEST ITC CAN BE CLAIMED OR NOT

In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.

company balance sheet shows surplus ( negative balance) on the asset side of the balance sheet. How it should be treated while preparing liquidator's statement?

Can salary be paid to an Executive Committee member if he/she is spending their entire time and effort in the activities of the Society ? This Society is registered under Andhra Pradesh Societies Registration Act of 2001

Dear All
Is it possible to capitalize an advance (Incl GST) amount with out RA bill in case of construction contract ?

If a parent gifts 60 lac via cheque to his adult son and the son deposits the cheque in his savings bank account, does the deposit trigger an ITR filing obligation for the recipient under *Section 139 (1) and rules 12 AB of the Income Tax Act, 1961.? The son has no taxable income.