This Query has 1 replies
Is GST applicable on purchase & sale of Old books i.e second hand books???
If so whats the rate of tax ???
This Query has 10 replies
We are Pvt Ltd Company. We purchased Luxury car (BMW) in name of our company. We paid Insurance for car. Now question are – 1.Is we get ITC for car purchase, Insurance premium paid or Car maintenance Expenses?
2nd question is, If my company plan to sell the car (BMW) Is GST is applicable on sale of car? what is the procedure to Sale of Used car in point of GST regim ?
This Query has 2 replies
We have Toyota Corolla Altis (Luxury car)registered in my company name, now planning to sell the same. Is GST is applicable on sale of car?
But I am confused that some of expert said that No GST is applicable on sale of used car by a company or Firm (who is not involved in trading of cars as main business) and
Some of expert comments that GST is applicable GST is applicable @ 28% plus cess
As per schedule 1 of CGST Act , Permanent Disposal of business Assets will be treated as supply.
Sir now question is what is the rule of sale 2nd hand car in name of the company?
This Query has 3 replies
Dear sir,
Can we take GST inputax credit on employee insurance.
This Query has 4 replies
Dear Sir/ Madam,
A NGO which is registered under section 12AA but receiving fees from participants Rs 100 each to attend a personality development training. Whether GST is applicable on the fees received. If yes, whether the exemption limit on turnover of Rs 20,00,000 will be taken into consideration.
This Query has 2 replies
Hi Experts
We providing Cleaning services for various states in contract basis and we hiring employees in local states only, but Invoice raised from Head office bangalore with IGST . But we don't have any establishments other states . If needs to get multiple GSTIN on all the states or One single registration is enough .
Thank you
This Query has 9 replies
We are pvt Ltd Company. We purchased Luxury car (BMW) in name of our company. We paid Insurance for car. Now question are - Is we get ITC for car purchase, Insurance premium or Car maintenance?
2nd question is, If my company sell the car (BMW) what is the procedure in point of GST regim ?
This Query has 1 replies
One of my friend has started up new busniess. For the purpose of loan he has opted for regular GST registration. He got registration on june 2018.
Doubts:
1. Next year if his turnover does not cross 20 lakhs can he withdraw from registration? Even if he started his business this year June 2018 and till march 2018 he may not earn 20 lakhs.
2. He has started up optical show room and he give medical service as eye test. Do he needs to pay firm profession tax?
3. Can he opt for quarterly return of the GST for this year? What is the criteria for quarterly return? Who can opt for quarterly return of GST?
4. He has inter state purchase and his turnover less than 20 Lakhs in this case does he need to register for GST?
This Query has 2 replies
please clarify-
the GST is being charged on some government services like LIC and speed post , while it is not being charged on other services like electricity.
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Gst on old books