One of gst registered regular sceheme dealer trade for sales of medicines.trader purchase of medicines from registered dealers ITC claimed.
Doubt:
Dealer medicines sales on MRP or normal rate applicable selling to b2b and b2c customers in gst act.
Where to reflect sales of used motor car in GSTR-1 and GSTR - 3B in following 2 Cases:
1) If margin is negative resulting in no tax liability,
2) If margin is positive resulting in GST Payable.
Assessee is a sole proprietor of two firms and he has taken gst registration for both firms under one registration.
The registration certificate GST Reg - 06 mentions both firms
whether above procedure of taking one gst registration for two firms under one proprietorship is correct ?
Dept.has issued DRC01 for non payment of interest for FY 17-18.Now dept.has issued interest notice for 2018-19 also in form DRC01.Should the interest notice be issued for 18-19 in DRC02(statement in lieu of DRC01) or in DRC01?
Can we issue debit and credit note for same invoice?
SUPPOSE A PARTY WANTS TO CANCEL GST NUMBER AND WANTS TO FILE FINAL RETURN. BUT BEFORE THAT NUMBER IS ALREADY CANCELLED BY DEPARTMENT.
NOW, WE CAN DIRECTLY FILE FINAL RETURN OR WE HAVE TO REQUEST DEPARTMENT TO START NUMBER AND THAN TO DO CANCELLATION APPLICATION???
Sir/madam,
Is e-way bill mandatory or not if supplier transfer inputs to job worker within state....not inter state?
A person created the website and integrated the third party app (paytm) to collect the payment. Now website is educational website whose turn over is less than 20 lac a year. Website offers mock test for CA, CPT, CSE, Bank, other government job exams or IIT NEET type mocks and E books. When ever student pays and buys the course it will be intellectual no hard copy is delivered.
Now person has opened this website from his study room in the rented residential apartment. So it will be difficult for NOC from owner.
Is GST registration necessary for him because it is educational website and turnover is less than 20 lac also less than 15% of the residential property is used in this case and no transfer of goods is taking place.
Dear Experts,
We have send the goods direct from our vendor through bill to ship to transaction,
However since movement of goods was taken in support of our vender invoice & eway bill. Hence we have send only invoice to our buyer but now buyer is asking for our eway bill,
Further we don't want to provide eway bill generated by my vendor to buyer as far as the goods price Is concern,
Pls clarify:- the consequences if we generate new eway bill whereas movement of goods has already been Done via bill to ship to transaction,
Thanks & Regards
Nikhil Sharma
Retailer dealing in Mens wear, having GSTIN in regular scheme till 31.03.20 wants conversion from regular to Composition scheme wef 01.04.20.
Query 1 : Does GSTIN holder has to pay GST on closing stock as on 31.03.20 on which already GST credit has been taken when the same were purchased under Regular scheme ?
Query 2: If yes then, Can CENVAT Credit as on 31.03.2020 if any can be adjusted against tax liabilty of GST on stock in hand as on 31.03.2020 ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Medicines sales on MRP or normal rate