sir, if the dealer is dealing in garments below 1000. output gst is charged @ 5%. can he claim ITC on capital goods e.g. Air conditioner & ITC on input services e.g. professional fees ?

means output gst rate is 5% with full ITC or 5% with limited ITC ?

We r getting 2% TDS in a project related to transport services. So I wanna pay GST on this.

One event and exhibitions company making fabrication stall for his clients. And company purchased goods and used for making stall and purchased services and used services for exhibition business. Query is that CAN company take ITC on purchased goods and availed services?

Interest free loan given by employer to employee
For his personal consumption.

Is gst applicable to employer

can we transfer or claim refund of Input tax credit of deceased proprietary business, actually this case is a lodge installed by ACs and other electrical transformers etc. (ITC claimed) and GST paying on rental income on running of lodge, all of sudden the proprietor demised, there is input tax credit in the business Her son is taken over the charge of said business, can we transfer said ITC to him and what is the process

Sir/Mam,

Our office services taking in bangalore(from GST holder Bangalore ) and our billing address in Hyderabad, which tax applicable IGST or CGSTand SGST

which tax applicable plz suggest

Thanking you

ITC availed but not claimed in previous years is there any issue

I am a contractor involved in construction of residential houses.
Most of the work has been assigned to sub contractors on works contract and completing accordingly.
If my sub contractors are not covering under GST, whether am I need to charge GST to my clients (whether gst is applicable)?
I think in Works contract we can take input only in case of furtherance of business only?
Please advise.

Hi,

As per the the JDA, the builder has given payment of rs. 10 laksh to landlord as non refundable security deposit and in his books as payment to landlord under profit and loss account.

Whether this amount is included or excluded for calculating 80% : 20% rule for RCM payment ?

The recent CBIC clarification via Circular No. 231/25/2024-GST dated 10.09.2024 indeed resolves the ambiguity by confirming that ITC is allowed on demo vehicles, provided they are used for further supply and capitalized in the books of accounts.

My Question is :-1)Can We claim ITC as above notification basic  Demo Car Insurance ?

2)also We can claim itc Repair and Maintenance demo Car  ?