RAHUL WADHWANI
16 August 2017 at 00:49

GST is applicable for share trading

Dear Sir/Mam Plz tell me one thing that gst is also applicable on share trading, Mean If I am trading in share, so it is compulsory to me to registered under GST


NAFEES AHMED SHAIKH
15 August 2017 at 23:25

cancellation of gst

our turnover is below 20 lacs and we migrated our service tax number to gst, now want to cancel the registration, please guide how to cancel, july 2017 return required to file?


P.SHANGAR

An assessee taking apparel orders from UK (or any other foreign country) and placing that order to a factory in India.

For example am booking an export order with UK buyer for $1.00 and placing that order with Indian factory for $0.95. The factory will manufacture and exports the goods to the UK buyer.

Since the factory is the exporter all the government benefits like drawback are enjoyed by the factory for their price of $0.95

The payment term will be DP Substitution (DP - Documents Against Payment) routed thru my bank. That means the factory will submit their export documents to their bank let's say "A" Bank. And the "A" bank will send those documents to my bank let's say "B" Bank. Since the term is substitution, in my bank we are substituting their invoice price from $0.95 to $1.00 and send to buyer. On receipt of payment from buyer our bank will dispose $0.95 to the factory who is second beneficiary and remit the balance $0.05 in our account.

Based on this, request you to clarify the following,

1) Is it required to register us under GST
2) If yes what is the tax structure for us


Bibek jaiswal

shall I charge gst in branch tranfer with in the state??


Kunal Pansari
15 August 2017 at 22:57

URD Transporter

Can an unregistered transporter transport goods from one state to another?


Devendra
15 August 2017 at 22:48

Gst registration

Mr. X is providing Business Consultancy services in Maharashtra, Punjab and Karnataka. He has a GST No. in Maharashtra. Whether he needs to obtain GST No. in Punjab and Karnataka for the same services provided.
Pls guide.


R. Meenakshi
15 August 2017 at 22:33

Staff welfare - free lunch

One of our client provide lunch services to his employees. He prepares the lunch at the site and pays salary for the cook. What is the effect of GST for this expense?


Kunal Pansari
15 August 2017 at 21:58

RCM ON TRANSPORTATION

Dealer in West Bengal purchase goods from Rajasthan. Goods transported by a Rajasthan based unregistered transporter. Transporter gets paid in West Bengal by the purchasing dealer. Is RCM applicable? If yes, under IGST or CGST+SGST?


SUMIT KUMAR SINGH
15 August 2017 at 20:33

GSTR3B

sir we are submitted wrong GSTR 3B now how can i correct it , we entered both sale and purchase in outward section now my paybale tax increase from 33000 to 110000 please help me what can i do


Roshan Pawar
15 August 2017 at 20:26

GST Registration

I took consent letter as proof of principle place of business but the person whose consent was taken is also not owner of property, he has rent agreement with owner of property and he pays rent. So only consent letter and Rent agreement is enough for proof of principle place of business ?






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