sir...I have been paying service tax as per mininimum turnover....we absorb service tax as we can collect it separately in this unorganised sector... we buy paper which is with vat tax....we can't adjust it as we don't have vat num... bt now with GST my paper bills will also show gst.....will I benifit by adjust thos amt against what I will pay as gst......please see gude....I hv been losing to much fr my profit......
My doubt is that if gst is implemented and the "rnr"of 18.5% is charged on good or services how will the prices reduce and end consumers get benefit. don't say that many taxes are being subsumed by gst because even if all the duties and taxes are added up on a standard product it will still be less than 18.5% for example service tax now 15% arey gst 18.5%
X (Maharashtra) bills for supply of goods to Z(Haryana).Z asks to deliver goods to Y(Maharashtra). will this be inter-state supply of goods or inter-state as per GST.
Can any body assist nn tell what will be minimum threshold for gst number as per new gst draft...example for service tax it's 10 lakhs turnovers what will it be for gst
NEFT CR SBIN003563 - ifsc code
utr number SBIN615246687371
X Ltd., an Indian company, is paying house rent of USD 200 to Y, a Chinese Individual (Not being an Indian Person having no connection in India & he doesn't have PAN). The house for which the rent is being paid is situated in China. Y issues an invoice showing 'Rent Charge' and payment is being made against this invoice.
Kindly advise whether TDS is deductible agst such transaction or not.
What are the advantages if GST will be applicable in India? what about income tax . if gst will come into force in India then there will be no income tax, no sales tax and no excise and no service tax . plz anyone experts can clarify me in details so I can understand full concept
dear all, please help me for GST rule, accouning treatment, taxation etc.. waiting for your reply..
suggest favourable and in favourable conditions to be faced in relates to chartered and cost accountants of India in the matter of Goods and Service Tax yet to introduce in India.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
impact of gst on small busdiness of photocopying