one gst number for all the branches it was located in same city.how can we transfer the goods from central ware house to our chain stores.before we use to give stock transfer note .now in the gst what should we issue

Dear sir,

We are the manufacture of Control and Relay Panel under Chapter No 85371000 For Control and Relay panel, & 85364900 for Relays 85361010 for Spares Kindly confirm the GST Tax rates for the same..

Regards,
Ravi

Dear Sir,

We purchased material on 15.06.2017 from out of state, on which CST Tax collected by the supplier. Shall we eligible to claim this CST tax under GST

Suppose 5% GST rate is applicable on the goods we sell. Now we have taken rs 105 as 50% advance(100+5 for GST) from customer.& Sales value is 200.

Option 1:

Upon receiving advance payment:-

Bank a/c dr 105

to GST pay. on adv 5
to Customer 100

GST pay. on adv dr 5
to Bank a/c 5


At the time of making sales:-

Customer dr 205

to Sales 200
to GST payable 5

GST payable dr 5
to Bank 5


Option 2:

Upon receiving advance payment:-

Bank a/c dr 105
to Customer 105

GST paid on adv dr 5
to Bank a/c 5

At the time of making Sales:-

Customer dr 210

to Sales 200
to GST payable 10


GST payable dr 10

to GST paid on adv 5
to Bank a/c 5

Please reply !

I am registered in Service Tax. Financial Year 2016-2017 in below 10 lacs hence in current financial year Service Tax not Applicable. I also sale products. This year sale and commission should be below 20lac. Already migrated to GST. what to do as GST is not applicable to me now

How to come to know about the list of selling items upon which GST has to be charged and at what %. How to download the format of the sale invoice :

I m mobile phone retailer and I have service center too.my business turnover is 17-18 lac per annum. I am purchases mobile phones and accessories from other state. now my supplier asking me that if I did not reg with gst tax liability on my purchases arises on himself. I am confused on whole matter so Plz ans me is it true or false. and one more thing as I have service centre is there any tax payble ?

I m mobile phone retailer and I have service center too.my business turnover is 17-18 lac per annum. I am purchases mobile phones and accessories from other state. now my supplier asking me that if I did not reg with gst tax liability on my purchases arises on himself. I am confused on whole matter so Plz ans me is it true or false. and one more thing as I have service centre is there any tax payble ?

dear sir/ madam, what is the meaning of Goods not leviable under GST act. plz give some example goods of not leviable under GST act.

Dear Experts,
We are Registered Personal. We are giving below the expenses which we generally expense :-
1) Freight & Cartage
2) Packing Exp. (URD)
3) Repair & Maint. (RD & will Charge GST)
4) Salary & Wages
5) Director's Remuneration to working director (paid u/s 192B of I.Tax Act)
6) Interest on CC Account
7) Interest on Car Loan Account
8) Bank intt. against Bill of Exchange discounting.
9) Insurance premium - Car, Lorry, Transit Insurance
10) Telephone Exp. (RD & will Charge GST)
11) Car & Motorcycle Running & Maint.
12) Postage & Courier (will not charge GST)
13) Printing & Stationery (will not charge GST)
14) Staff Welfare - Tea etc. (will not charge GST)
15) Water bill from Govt. Department
16) Argon, Oxygen & LPG Cylinder Exp.

Sir, please tell us which Expenses are liable to pay GST under RCM in above list.

Please sir, help us to resolve the above query. Waiting for an early & stick response in this regard.

RAKESH SHARMA

Read more at: https://www.caclubindia.com/experts/rcm-on-expenses-2497339.asp