EASYOFFICE
EASYOFFICE


shivam
14 October 2024 at 18:29

GST ON RENT UNDER COMPOSITION SCHEME

I am registered Person under GST composition scheme.

If I pay rent to an UNREGISTERED person then who will be liable for PAY GST?

Will I have to pay tax at the rate of 18% on rent in Cmp-08?

Please reply


siby k chacko

Dear Sir
What is the GST Rate of job charge son man made fabrics (textile house)


ABHI KUMAR
11 October 2024 at 19:51

LAST YEAR 2023-2024 INVOICE REGARDING

LAST YEAR 2023-2024 SOME B2B INVOICE MISTAKELY FEED IN B2C INSTEAD OF B2B

NOW PARTY B2B WANTS INPUT CLAIM
WHAT IS THE SOLUTIONS NOW



Suresh S. Tejwani

IS THERE ANY THRESHOLD LIMIT FOR DEDUCT TDS UNDER GST ON PURCHASE OF METAL SCRAP? IF YES, THEN WHAT AMOUNT AS THRESHOLD?


binu sukumaran
10 October 2024 at 17:52

HSN Code in case of export of service .

Sir.
We have export of service . We take LUT also . we have local and export service in same HSN Code . local service is taxable 18 % and export invoice is 0% . let's me know how to update hsn code in this case.
one more doubt while updating table 6A for export of service under LUT it is 0% or 18%
please advise


vinod sharma
10 October 2024 at 14:09

GST on Commercial Rent Paid

if someone paid rent of Rs 6000 per month for shop and he is registered under composite scheme. is he expemted to pay GST on rent. as rent amount is below Rs 10000 per month. what are other exmeptions for rent on gst.
pls guide.


Hukam Chand
10 October 2024 at 13:41

Query regarding for the Journal Entry

Dear Expert,
My company name is ABC india Pvt Ltd located at India sold export goods to XYZ located at europe detail is given below here
Sales booked on 04/03/2024- DOLLAR 5000 @ 83.30
But remmitance recived from the ABC company in the installment basis
FIRST installment recd on 28/03/2024 dollar 2000 @84.50
Bank has credited the amount to me 166000 means @ 83
SECOND installment recdon 25/04/2024 dollar 3000 @ 82.30
Bank has credited the amount to me 254100 means @ 84.70

What is the complete Accounting entry (including provision entry and currency fluaction and any other entry if you suggest me ) of the above given example if financial F.Y. 2023-24 & F.Y. 2024-25.


PARDEEP KAPIL
10 October 2024 at 12:06

Blocked input credit u/s 17 (5)

Dear Sirs : One of my clients who is manufacturing goods has claimed input GST credit on (a) health insurance of permanent employees (b) Diwali gifts to clients (c) festival / diwali expenses. Please advise that do these expenses fall in category of blocked credit u/s 17(5). Is there any justification for claiming input tax credit ? Kind regards


Hukam Chand
10 October 2024 at 11:55

Accounting Entry With GST and Income tax

Dear Ca Club Expert,
I want to know about the some accounting entry with gst and income tax for my given query in below mention here:
Please give me the some solution because I am some little about confusing

My company name is ABC india Pvt Ltd located at India sold export goods to XYZ located at europe detail is given below here
Sales booked on 04/03/2024- DOLLAR 5000 @ 83.30

Remmitance received to Bank on 28/03/2024 dollar 5000 @ 84.50

Bank has credited the amount to me 412750 means @ 82.55

How to treat this loss from 84.50 and 82.55 either exchange loss or bank

Please pass the complete accounting entry and any other entry if you su ggest me for above example


binu sukumaran

sir,
during sep we have export of service. As per my knowledge while updating export service our gst date is going to ICEGATE. Then it cross check . While in export of service there is no shipping bill , port code , etc.
Is there is any option for cross check with our data with ICEGATE data before update in export service in GST, Or please give advise if any other method.
We update export service under LUT .
Please advise
with regards
Binu