Dear Expert,

If advance received on 15th July and Invoice issued on 20th July in same month. Will i have to pay tax on advance received amount as per time of supply or need not required to pay tax seprately on advance ?


Please guide

Sir/Madam
My doubt is about the Rs 20 lakhs limit. If i have taken GST registration on a voluntary basis although my turnover will and always had been below 20 lacs . is it compulsory for me to pay gst or not ?

Dear All,.

When we apply for a new registration under GST for a proprietory concern, we have to select commissionerate code.
The query is, whether to select the code based on Alphabet of trade name or of the proprietor.
For Eg.
Trade name starts with T & proprietor name starts with N.

So how to select the commisionerate ?

Thanks.

Hi,

So, I have been searching for SAC for Ecommerce company acting as an agglomerator for online tradings of goods( for instance, service provided by Flipkart). However, I could not locate any specific code for such a service. Could anyone suggest the GST SAC (code) for such a service description ( providing portal for online selling of goods).

As per my understanding such an Ecommerce operator is only acting as a mediator to collect tax from supplier and remit to the Government; as the ultimate assessee would be supplier. Hence, no specific code for one such agglomeration service.

Please correct me, if I am going wrong with reasoning. Also, I assume SAC code would be mandatory for registration.


Thanks!

I want to know unregistered cloth dealers hold stock (Inter state Purchases) can opt Composition Scheme under GST.
Second is, if such purchases exempt from VAT than what tax rate levy on such stock (Composition rate or normal rate)
RCM levy or not on such Stock.
Details of such stock if not required to disclosed under composition scheme than what happend.

plz provide such detail.

ex. invoice issued 990 on 1.10.17 payment received 1000 on 15.10.17 excess payment = 10 now next month invoice issued 990 on 1.11.17 payment received 980 on 15.11.17 my question is that what will be the time of supply for RS 10----1.10.17. or 1.11.17??? which invoice date does proviso to section 12(2) refers????

Dear Sir,   Greetings from Ocean Interiors…!!! With reference to the above subject, we would like to introduce ourselves as M/s.Ocean Interiors (P) Limited and are in this industry for more than two decades. We are allied to businesses like Infra, Civil Construction & Turnkey Fit-outs.  As of GST is concerned, we are facing day to day issues on the below aspects for which we need better clarity and solution to proceed further. With respect to SEZ projects,  ·         Does our client need to have separate GST registration for having SEZ unit? ·         Do we need to provide/submit any bond or letter of undertaking to the Government? ·         For getting exemption, do we still need to issue ARE-1 form to our supplier? ·         What are the documents we have/need to maintain? ·         We understand that, we can avail Input Tax Credit; request your inputs on the same. Your clarification in this regard will be very much valuable to us.

A lecturer having a total income of Rs.10,00,000 in a year, located in the state of Maharashtra, delivers a lecture in the state of Gujarat and earns an income of Rs.5,000 from that lecture. Will he be liable to get registered under GST on account of the interstate supply?

I am online chocolate fudge seller made in my kitchen unit using e-commerce platform. I want to register for GST. What GST rate is applicable for me? Can I use non-AC restaurant code ( service code - 996331) and apply 12% GST rate? OR HSN code of chocolate product - i.e. 28% to be applied?
Can anyone guide?

GST rate on service taken from unregistered service provider from inter state how to raise bill under RCM from professional .