Can we appoint Statutory Auditor/Internal Auditor as a GST Auditor? Also give some guidelines about the same with any notification/circulars.


Thanking You
Jignesh Selarka

Sir,

GST Sales in May is not entered in GSTR3B due to some reason. Now I want to enter in July GSTR 3B it is having Tax Rs.2000/- How much rate of Interest and penalty calculate and Interest & penalty part in which column in challan we have to show

Please clarify these doubt

Thanking you

Dear all CAs, Tax professions & Expert Accountants , need your urgent reply from u in this regard:
A is a real estate developer, engage B who is a works contractor to execution of all civil works in a specified housing project, all money needs for this work execution transfer from the bank account of A to B & B submit tax invoice to A at the end of month with GST @18%, A is already get Completion Certificate from approved authority for this project , now my question is
1.Is A get refund of the GST deposited byB after considering Input Tax credit, as A have no liability to pay GST for after geting CC?
2.If A not get refund the entire GST deposited by B, is he show the entire amount paid to B , including GST as expreses in his books of accounts?
3.What is the impact is A, the develper, execute the all work himself, I.e.develop & selling both,as he is not liable to pay the GST after getting CC, he is not charge/collect tax from customers, if he is not getting refund the Tax paid to B, is it is not a financial loss to A?So, is it possible that Acarried out all work in his name, directly purchasing materiials & engage worker ,is it batter to him or not?
4. If A segregate all of his work between more than 1 works contracors, ternover of those does not exceeds 20 lacks, Is it batter to A?
Waiting for your expert reply.

Sir
IF purchase made on 28/07/18 and goods delivery received on 01/08/2018.and recorded in tally on 01/08/2018 as purshase.
Sir my query is that , In which month of GSTR 3B i.e, july or august , above mentioned purchase input can be claimed.

A (In india ) will sell 10 laptops to B (in singapore) .B does nt have any PE india. these Assets will be used in India only by a third party wch has service contact with B. i.e. no movement. The Laptops will not be taken outside India Will GST apply?? A & B are related party.. Mant Thanks in Advance.

Dear All,
Background: There is a registered auto dealer (new cars) who is also engaged in purchase and sale of second hand cars.
Query1: can he take benefit of margin scheme and any intimation to the department or mention of the same on invoice is required.
If yes
Query2: Can he collect GST from customer or it has to be like composition scheme?
Say purchased a vehicle for 1,00,000
sold for 1,10,000
Margin 10,000
so amount to be collected from customer should be 1,10,000+1800 (say GST rate on margin is 18% so 10,000 X 18%) or else it should be 1,10,000 only?
In case it can be/ has to collected separately than
Query 3: will it not disclose the margin to the customer and indirectly hamper the business?
Query 4: can we skip the invoicing part?

reference to sections/rules number of act will add greater value to your reply.

Please let us know

If we are getting commission from suppliers on Air ticket is there a need to pay GST on Commission income where they already deduct TDS on commission they are giving.

For Example
Air Ticket Cost - 10000
Commission - (-) 1000
TDS - (+) 50
Service Charge - 100
IGST - 18
Purchase Cost (NET) - 9168

Please let me know is there a need to pay gst on that 1000 INR of commission????????

waiting for earliest reply?

Dear Sir,

I have viewed my GSTR2A, where in i have found lot of credit notes which i am not aware of it . Now, does that mean that, i have to reverse my input credit of GST. kindly advise

For promotions and campaigning we get consideration from Foreign customer in Foreign Currency.
We are doing promotions and campaigning on behalf of foreign client. We are in Trading business not advertising agency,

Query:
Do I need charge GST on Foreign Receipt?

If answer is Yes

IGST or CGST & SGST will be applicable.

Our company is dealing with govt.electrical projects- Scope of work is strengthening existing electrical distribution system -


1) By completely changing existing old lines- with material


2) Changes wherever damages happened.

Please suggest GST rates for both nature of work.