Sir

I have client in Real estate. they are building apartment. They accepted flat booking amount and raise demand as and when required. like all home developers do.

Flats are under construction and no possession has been handed over to customers.

when they get amount from customers along with GST, they show as advance from customers in GSTR 1 and GSTR 3B.

In other words we have never shown a single amount as supply. all receipt from customers have always been shown as advance.

My query is. As i understand, it is case of continuous supply of service, so is it right way to show these amount in GST returns

Please reply

Thanks

Sir
Kindly Clarify is GST payable on Honorarium paid monthly by a Non Profit Charitable Society which pays Honorarium per month to Professionals for Services they render to The Society.
If Yes at what Rate is GST Payable.

Thanks

XYZ issued Service Invoice towards rental charges for laboratory equipment. The period contract is for the period 31.07.2018 to 02.11.2018 and the Invoice for the same is issued on 01.12.2018. Is it in line with the provisions under GST? If not, on which date invoice was required to be issued?

Our Company got a project in SEZ area for construction of building under sub-contract basis. SEZ client awarded this contract to contractor "A". Subsequently Contractor "A" awarded this contract to us. We are billing to Contractor "A". Whether we are eligible for GST exemption while billing to Contractor "A" or We can take exemption after making payment to Govt. What are the documents for claiming exemption? Exemption is available to Sub-Contractor who is taking contract from main Contractor? Please Clarify  

one of our clinet business is renting flats with other facilities. He is filing this income as business income under income tax act. is this income exempted from gst as it is given for residential dwelling even if it crosses 20 lakhs ?.
thanks in advance

Dear All,

Can you please advise on the tax impact (GST) of sale of leasehold improvements by the lessee to the lesser on termination of lease.

Experts,
In August 2018 Lok Shabha passed Gst amendment Bill regarding following.

1- Uttarakhand state will remove from special and turnover for registration under gst will be 20 lakh
2-Amendment in section 17(5) changes in rent a cab itc available more than 13 pessanger.
Is ths amendment applicable now ??/

To reduce GST rate (from 18% to 12%) on the Works Contract Services (WCS) provided by sub-contractor to the main contractor providing WCS to Central Government, State Government, Union territory, a local authority, a Governmental Authority or a Government Entity, which attract GST of 12%
please provide notification if any.

If A Company provides Construction Services and Company claimed ITC on Purchase of items like Cement, TMT Bar, Glass plywood etc. during construction. Company received advance amount including GST against flat sale booking. My question is, Can Company adjust GST input tax credit against amount received on advance. Please Suggest me with Example

SIR,

AT PRESENT THE SECURITY COMPANIES SUPPLY SECURITY PERSONAL AND RAISE THE INVOICE WITH GST.NOW AFTER LATEST NOTIFICATION, WHETHER WE HAVE TO PAID THE RCM ON SECURITY SERVICE OR THEY WILL ISSUE THE GST INVOICE AS USUAL.