Company is paying Professional service on financial matters provided by the individual who is not registered under gst. Whether RCM has to be paid by the company, whether RCM under gst is applicable to professional services... Plz help me in this
My Client Doing Work Contract Service. I have Work Order Where Date Of Commencement Of work was IN Maharashtra VAT Taxation before june 2017 But Date Of Compulsion Of Work Was In GST Taxation Hence After June 2017 .
Now Deprt Send Notice To Client And Told Him To Pay Tax In GST Regime Not a VAT Regime .
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RCM for rent is applicable for commerical or residential? In view from Business perspective.
Dear Sir,
Does the suo moto cancellation of previous registration restricts applicant to obtain new gst registration for life time? Whereas all returns of previous registration are filed and there is no previous due on applicant..
Please clarify.
I have a rice mill in which my company manufactures rice and rice bran . There is no GST on rice, however there is GST @ 5% on Rice bran. I want to claim ITC on miscellaneous consumable expenditures incurred. Is it possible to fully claim of ITC ?
I know that gst on legal services is collected from business as in case of reverse charge mechanism when the advocate firm has not registered but If the business availing legal services is also not registered then no one will pay gst am I right ? and why gst on transfer of FSI index is collected from promoter what is logic behind this ?
Dear Experts,
I have declared Following figures in GSTR-3B & GSTR-1 of FY 2017-18
SALES RS. 90,20,495/-
OUTPUT CGST & SGST RS. 24,18,868/-
INPUT CGST & SGST RS. 24,25,270/-
But later on It came to my notice that Actual Figures are less than that declared in GSTR-3B and GSTR-1. So I have filed annual return as per actual figure which is as follow:
SALES RS. 68,31,803/- OUTPUT CGST & SGST RS. 18,32,370/-
INPUT CGST & SGST RS. 18,38,774/-
Such difference is arise due to duplication of sales and purchase bills.
Please guide me whether any further action is required from my side to comply with GST Law? Do I need to reverse Input Tax Credit wrongly taken? If Yes than in such case how should I deal with Excess Output Liability declared wrongly?
Thanking You
Nirmal Dave
Sir,
I have purchased goods on sep 23 ,credit is showing in GSTR 2A but not showing in GSTR2B or ledger balance .
Can i take credit as per GST2A ? Why it is not showing in GST2B ?
PLEASE HELP
IGST Output whether can be adjusted with CGST Input and SGST Input.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
ITC on RCM Liability excess paid