Dear Sir/Madam, we are into jewelry manufacturing business, recently we sold two cars which are on company name purchased before GST regime for which vat is also not claimed. These two vehicles were sold to for an exchange of a new vehicle to the Harsha Toyota showroom for value of 630000 in which one vehicle is less than 1500 cc and the second vehicle more than 1500 cc. Request you to kindly answer my following question:
1. Do i need to pay any GST for the vehicles sold as exchange for purchase of new vehicle.
2. How much GST need to to be paid if so for the old vehicles? Is there any different rates for above and below 1500 cc vehicles as per 25th meeting of GST council held on 18th January 2018.
3. If the book value of both the vehicles is 500000 in our company books after depreciation, then do i need to pay GST on the margin money which is 130000(630000-500000) or on the sale value of 630000/-.
4. As we are not into car purchase or sale business and a private limited company into manufacturing and selling of jewellery items, the new vehicle which is purchased is for official office use, then can i claim the input tax credit on that vehicle.
5. As this sale of used vehicles is from a register company in GST to a registered company dealing in new and old used car business, then will i be liable to pay GST on the sale of used vehicles. Request you to kindly reply me in details to understand this situation and to further initiate the process, request to reply urgently.

Thanks & Regards
Mohith Guptha
9000738989

where the registered taxable person wants to claim depreciation on the tax component of the cost of capital goods under the provisions of the income tax act 1961, will he show the tax component on capital goods in gstr3b.

I am working for a start up company. it is under construction only. Here, i want to capitalize the GST amount on Fixed assets purchase. So, whether i have to show the gst amount in GSTR3B or no need of it. please give me clarity on filing of GSTR3B.

Dear Sir,
I am a jobworker some party send the material at our company, for job work, if I make the bill of Service like Labour chagers, can I issue eway bill after job work the material to party. Kindly advice the same.

Dear expert,

Whether GST on Hotel room rent below Rs. 1000 is exempted or Nil rated ?
Can we claim ITC relating to Hotel room rent below Rs. 1000 ?
or we have to apportion credit for Less than Rs. 1000 and above Rs. 1000 and claim ITC on above Rs. 1000 only ?

Sir,
Mr.A came from delhi in my restaurant(registered) and stay 5 day .Total boil amount 25,000.Mr.said raised invoice In favour of my Company PQR Ltd which is registered .
1.is IGST will be Applicable?
Invoice. 25000
IGST @5%. 1250
Total. 26250

Is is right?

I live in Chandigarh a Union Territory It has border with a city Panchkula in State Haryana.I have to send goods to a School which is technically in Panchkula Haryana but physically just 500 meters from my office.I will be send the material costing about 2 Lacs by a Rickshaw (Non Motorized Vehicle) .Is it necessary to make an eway bill .If yes what do I enter in Transport ID

I live in Chandigarh a Union Territory It has border with a city Panchkula in State Haryana.I have to send goods to a School which is technically in Panchkula Haryana but physically just 500 meters from my office.I will be send the material costing about 2 Lacs by a Rickshaw (Non Motorized Vehicle) .Is it necessary to make an eway bill .If yes what do I enter in Transport ID

SIR,
WE HAVE ISSUE THE FABRIC FOR EMBROIDERY WORK (JOB WORK ) AGAINST THE DELIVERY CHALLAN OF RS.500/- DATED-20.04.2018 IN UP EWAY BILL APPLICABLE FOR US ?
AFTER COMPLETION OF EMBROIDERY REGISTERED JOB WORKER ISSUE THE TAX INVOICE OF RS 7500/- EWAY BILL APPLICABLE FOR WHOM?
KIND REGARDS
AMIT

Hello All
I had registered myself on 20.03.18 in GST. Will I have to submit the returns from July 17 onwards Or for the the month March 18.?
Pl advise.
Regards