Dear expert,

We are dealer of Agree culture item & purchase from Finolex company now as per GST TRANS-1 we take credit of Excise of Rs.2800000/- from closing stock from 01/06/2016 to 30/06/2017 my question is the credit which has been taken in TRANS-1 is write or wrong and how shall I make entry in Tally for excise credit.

1) Puchase A/c(2800000/) Debit
Excise(2800000) A/c Credit

2) Excise A/c (2800000) Debit
CGST A/c (2800000) Credit

Above entry is write or wrong

Dear Sir/Madam

Please help me as soon as possible

If I Am a Author, Publisher of Book and want to sell book through E Commerce Website, than I have to take only 1 GST Number or for Every State One Unique GST Number is required.

Also Tell me about GST Registration Require to E Commerce Company in detail

We are in receipt of bill from labour contractor towards supply of labour in factory in Haryana. Since this labour contractor is registered in UP state, he is charging IGST in bill.

Whether this is correct. Please confirm.

shall we close the business before 31st march and surround er gst registration. we are dealing in taxable goods and as on the date there is no stock on hand.
thanks in advance
K.B.NAGESHA RAO
9448826793

Dear All,

Mr. X is a proprietor and has a annual turnover of Rs.100 Lac. He has got his proprietorship firm registered in GST. He is Karta in HUF firm with annual turnover of Rs.15 Lac & his HUF firm isn't registered under GST due to turnover is less than 20 Lac.

Now, I wanna know does there any need to HUF firm to be registered?

Regards

Shoeb

Is over the counter payment of GST allowed? Banks are not accepting the same even for Rs.20/-. Is there any threshold limit for Over The Counter Payment? And for doing so, whether the person paying GST should have account in that Bank. Another issue I have facing is, Many branches of the Nationlised Bank are refusing to pay GST through NEFT/RTGS? Any solution?

Sir,

We are trading in Exempted goods and hence, no output tax to be charged by us.

Meanwhile, we have an accumulated input tax credit due to RCM on rent paid
during the period July to Sep and GST input on machinery purchase, etc, and
refund of late fee paid, which has been credited to our cash ledger.

How shall we claim refund of the accumulated Input tax credit.

Please advice.

I have balance of ITC for CGST but in SGST my balance exhaust and require to pay tax. Is option to adjust CGST balance to SGST balance.

Kindly clarify whether any Government Order is required for under taking stall sales in Tamilnadu, as per TN State Government

Dear Sir,

we want to know that can we adjusted reverse charge tax liability with our available input tax credit or not, if answer is not then please tell us why?