GOOD MORNING EXPERTS ! WHAT IS THE RATE OF GST UNDER RCM ON TEA & COFFEE ETC TO STAFF & WORKERS IN THE OFFICE/FACTORY. WHAT IS HSN CODE ? CAN WE CLAIM ITC ON IT ?
Answer nowDear Sir/Mam Plz tell me one thing that gst is also applicable on share trading, Mean If I am trading in share, so it is compulsory to me to registered under GST
Answer nowour turnover is below 20 lacs and we migrated our service tax number to gst, now want to cancel the registration, please guide how to cancel, july 2017 return required to file?
Answer nowshall I charge gst in branch tranfer with in the state??
Answer nowDealer in West Bengal purchase goods from Rajasthan. Goods transported by a Rajasthan based unregistered transporter. Transporter gets paid in West Bengal by the purchasing dealer. Is RCM applicable? If yes, under IGST or CGST+SGST?
Answer nowI took consent letter as proof of principle place of business but the person whose consent was taken is also not owner of property, he has rent agreement with owner of property and he pays rent. So only consent letter and Rent agreement is enough for proof of principle place of business ?
Answer nowDear experts, what is the Gst rate for works contract in construction company.
Answer nowSir
When we purchase any goods or service from unregistered dealer what rate of tax we have claimed under reverse charged method for example i have purchased printing & stationery from unregistered dealer what rate of tax we have charged from RCM when some of the exp of printing & stationery is 12% and some one 5% which one we charged because in bill rate of tax is not mentioned and it is very different to find out the HSN code and rate of tax find out in that case what we do sir like repairs & maintenance of vehicle some spare parts is 18% and some one 24% what rate of tax is charged
CAN WE ADJUST RCM TAX PAYABLE WITH INPUT TAX CREDIT ITC ? OR NEED TO DEPOSIT SAPERATELY ?
Answer nowDear Sir
I used to run a boutique in gurgaon with 6workers on board, in my trade end customer use to bring his fabrics and we use to stich his clothes like kurties, blouses, salwar suits etc, Sir before our work is exempted from VAT now GST has been applicable in our work is 18% , but recently gov has declare cut on the GST rate of 18% to 5% in fabric job work, but there is a big confusion on this issue , Pls help me in clarify this issue, we use to do job work for end customer, customer brings the fabric and we stich them and return them the finished goods and charge them with a nominal rate, so are we applicable for 5% GST , Sir Pls help us in clarifying this issue, it is hitting our trade very much due to which we are on the verge to close our boutique as from zero tax to straight way 18% has hit our trade very badly, my service cost has risen very high due to which we are losing our customers day by day, 5% GST will be reasonable for us to have a healthy business , so Pls clarify my doubts on GST rate for stiching work on boutiques run for end customers .
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
RCM ON STAFF TEA & COFFEE