Suppose I am a composition dealer under GST act and I file my ITR u/s 44AD. So how will I calculate my RCM liability, as I don't maintain any cash book or ledger. (These are not mandatory as per section 44AD of Income Tax Act). How will any body (read department) will know that I have paid more Rs 5000 in a day to URD ?

Dear Sir,

Rs 8 Lacs per annum Commercial Rent Receipt received from one and only one tenants ==============================================================

Rs 33 Lacs per annum Residential Rent Receipt received from rest of the tenants =============================================================
Consolidated/Aggregate Total Rent Receipt will arrive as at Rs 41 Lacs per annum approximately.

So far as the Commercial Rent Receipt is concerned, it is less than Rs 20 Lacs per annum and therefore we should not recover 18% GST from the said tenant.

So far as the residential rent receipt is concerned, residential rent receipt does not attract any recovery of GST.

Finally there should not be any type of recovery of GST from any of the tenants.

Please guide me and oblige.,

yous tarique rizvi

982 1630 130

PLEASE PROVIDE ALL THE DETAILS OF RCM AS PER GST RULES.

we manufacture of sweets and sold it to customers. we opt composition scheme. and our GST Registration success but during apply registration we opt nature of business retail and wholesale. not opt manufacturing or restaurant option. is it correct registration or we want to amend it. plz given ur suggestion.

Dear Sir,
My question is Section 46 of the CGST Rules, 2017 provides “a consecutive serial number of Invoice.
A GST dealer sell product many portal Like : Filipkart, amazon etc. but serial number of Invoice auto generated by system ( for example)
Filipkart : Fa00001,...........10
Amazon : IN-01 ................10,

It is right or wrong under GST

Thanks

Sir,a registered person having no excise duty paid invoices with him but wants to take cgst credit on the excisable stock as on 1.7.2017,is he liable to file tran1,tran2 and tran3? Or he will file tran 1&2 only?as per law,in absence of excise duty paid invoices the manufacturer has to issue credit transfer document to the dealer enable him to avail transitional credit under cgst act.

which tax rate charge on cartage in invoice when different tax rate items in same bill and any notification for support of this clarification..

the amount of GST paid is reflected in electronic cash ledger but it's not getting offset against liability. can somebody help me out ??? many thanks in advance

how to get credit on the goods purchased, if such goods are trasferred to the branch which is in another state and sold.

There is an Under construction project going onn...
Builder has entered a sale Agreement of Flat with the customer on 15th June 2017
the agreement Value is (Say) Rs. 2000000
Maharashtra VAT @1% 20000
Service Tax @ 4.5% 90000

total AMount Rs.21,10,000/-


out of this total Agreement Value after Taxes , Builder has Received Rs. 400000 as a part payment from Customer on 16th June 2017
and builder has paid total Tax liability as per agreement for the month of june i.e. Rs. 110000( MVAT & Service TAx)

My question is GST be liable to be paid for the future balance receipts to be received post July 2017 after implementation of GST..???

kindly let me know