dear expert
ONE OF MY CLIENTS RECEIVED NOTICE FROM DEPARTMENT FOR SU MOTO CANCELLATION OF REGISTRATION FOR NON FILLING OF RETURN.

WHAT IS PROCEDURE TO ANSWER THIS TYPE OF NOTICE ? ADVICE

PL. ADVICE SIR

THANKS IN ADVANCE

Dear Experts,

Wanted your opinion regarding the implication if an Agent does not make GST payments for the sales carried out by his principal.

Is there any exposure to the principal - can the Department demand the tax from the Principal?

Additionally, is there an option for the principal to directly make the payment and file the returns on behalf of the agent (under the GSTIN of the principal itself)?

A) Club / Hotels/Inn having their own restaurant serving Food Manufactured by own staff ?
What rate of gst to be charged on billing to members (Charge 5% )

b) Secondly Club has outdoor contractor employed by club to prepare food , and food is being served by club staff ?
What rate of gst to be charged on billing to members (Charge 18% to club or 5% )

c) Whether club should charge to its member 18% due to food being prepared/Supplied by caterer
What rate of gst to be charged on billing to members

D) Club Provides to its member Bundle of Services including Food Renting Hall .
What rate of gst to be charged on billing to members.

Regards

Mahendra Doshi
07/09/2018

EXPERTS
WE RECEIVED A BILL OF SECURITY CHARGES MONTH OF AUGUST 2018. IN THIS BILL SECURITY CHARGES ADD @ 8% OF BASIC VALUE.
DETAIL GIVEN BELOW
BASIC VALUE = 150957
SERVICE CHARGE @ 8% = 12076 .
TOTAL VALUE = 163033
EXPERTS WILL I DEPOSIT GST ON TOTAL VALUE OR BASIC VALUE
AND ALSO WILL PARTY DEDUCT TDS U/S 194C ON MY TOTAL VALUE ( 163033) OR BASIC VALUE

Sir,
My client is registered under GST. He is filled all his GST Return for F.Y. 2017-18 i.e. GSTR 3B and GSTR .
In Sep 2018, at the time of audit he got his missing purchase invoice of DEC and Jan Month.
which ITC not claimed in GSTR 3B of relavant month.

Now what can i do?

GSTR 3B for the month of March 2018 - tax payment was made excess. For GSTR 3B Correction, i am aware, we could rectify in GSTR1 of the subsequent month. The correction was not made in GSTR1 in subsequent months filing. How can the error be rectified.

Sir/madam,

I forgot to take one bill in gstr 3b of august 2017 but i take this in gst 1 of august 2017.
my question is how to pay the tax of that bill in gst website

do we have to mention HSN or SAC code in GST return? Is it mandatory?

Dear Sir,
Please give me solution regarding the following matter:
Suppose Output GSt liability Rs.10,000 and Input GST Rs.12000, then tax liability is zero.but the client not filed his return on due time.he is liable for late fees but is there any liability for Interest amount?
Regards,
K.K.Chandra
(C.A INTER)

CASE STUDY – JOINT DEVELOPMENT AGREEMENT

Land Owner, (KM Pvt Ltd) is an Company who owns certain land in Jaipur. It is interested in the development of the said land however lacks the expertise. AAH (LLP), (“Developer”) is engaged in the business of real estate development and is looking for undertaking an “Affordable Housing Project” in Jaipur.

Both the Parties agrees to enter into a Joint Development Agreement (“Development Agreement”). As per the Development Agreement, the entire cost in relation to the project which inter-alia includes approvals and construction cost, will be borne by the Developer. The sharing ratio has been agreed, let say 05: 95 (5% KM Pvt LTd and 95% Developer). The Developer is contemplating following option as stated below to fulfill its obligation under the Development Agreement –

Option – ‘Revenue Sharing’ Model

5% of the revenue arising from the sale of the flats will go to KM Pvt LTd.

Other conditions are as follows;

1. The governing document is the Development Agreement between Developer and KM Pvt Ltd.

2. Developer will execute the MOFA ‘Agreement to Sell’ for all the flats and KM Pvt Ltd. will be a confirming party to this agreement.

Queries

a) Applicability of GST on the transaction between Developer and KM Pvt Ltd. under the option i.e. Revenue Sharing –

• In the hands of Developer
• In the hand of KM Pvt Ltd.

b) In terms of the Notification No. 04/2018 Central Tax (Rate) dated 25.01.2018 what would be the Time of supply under the Revenue Sharing option-

• In the hands of Developer
• In the hand of KM Pvt Ltd.

Thank you