ABC are registered C&F Service providers.ABC arrange different transporters(GTA) for transporting goods of the Principals to different destinations as directed by the Principals and pay the GTA as per the consignment note. All the freight charges piad in a particular month are then billed to the Principlals as C&F services(SAC:996713) charging 18 % GST.

Are there any obligation of GST under RCM on GTA Services?? If yes,who has to pay the GST under RCM on GTA.

THANKS

Hi,

This is Narendra K I am working for a Pvt Ltd Company as a Sr.Accountant. I need a detailed complete financial format in excel.

If possible give me the PDF document for financial heads explanations like below
Sundry Creditors : Who provide credit facilities that all called sundry creditors

Please we need to learn and improve my knowledge

Sir / Mam

Entity:
Partnership firm
Reg.Under GST :
Yes

Nature of Business:
1- Trading of Truck Tyres,Spares,Oils
2- Hiring of Own Trucks to GTA

I have to purchase the Truck tyres, Spares etc., both for the purposes for my own and trading.
Can I avail the GST inputs even on the purchase of Own use and utilize that credits towards the GST ouput of trading business?
Kindly advice me plz
Thanks in adv

Dear sir,
I wish to know that, from 01/01/2022 which govt contract have been brought in 18% slab and which one are still in the slab of 12%.

Please clarify .
Thanks in advance.

10 month ago I took a courier franchisee , Now I want to get a New GST Registration for our company name , show please clear My Quarry-
1) Can I apply for Composition Scheme? 2)
If Composition Scheme NA for me then which type of input taken when I fillup GSTR3B Return because we provided only service not good.
3) What is our GST SAC Code Note that My turnover not cross 20 Lac , so can I voluntary apply for GST registration.

Sir,

I want to know the taxability of dividend in hands of the shareholder. A Company declared dividend during the financial year 2020-21 and provision created in the books in that year itself. But the same was paid during the financial year 2021-22. In which financial year dividend should taxed in hands of the share holder. Whether in FY 2020-21 (Declaration of Dividend) or FY 2021-22 (Payment of Dividend).

Dear Sir,

Please suggest can I face any issue from IT department.Annual income Rs.96000/_ Salary Tution income 112500/_Interest fromFD and SB account 22200/- Total income 223700/_deposit cash in RD account 4 installments 6500×4= 26000/_ Cash deposit in PPF account Rs.10000/_ Cash deposit in Post office Saving account account 50000/- to convert NSC. cash deposit to Saving account 59000/- Please suggest.

WHILE UPLOADING FORM 15CB AFTER SUBMIT BUTTON IS PRESSED GETTING ERROR
SUBMISSION fAILED
RESPONSE FROM SERVER
PLEASE FIX THE FOLLOWING ISSUES AND TRY TO SUBMIT AGAIN

INVALID FORMAT FOR ARN

CAN ANY EXPERT GUIDE ME HOW TO RESOLVE THIS ERROR AND ONLINE FILE FORM 15CB ?

Sir,
We are the manufacturer of Printed goods like weddingcards,calendars,Diaries,Notebooks,Books and other commercial printed goods.One of our customer is a Publishers.Art work only owned by the publishers and other raw materials like papers,inks are owned by Printers.Now we are raising the quotations for Basic price+GST 18%,but the publishers said there is no need charge the GST.please any GST experts share me the correct clarifications/notifications and do the needful immediately.

Sir,
One of the individual status it person purchase of jewellery value rs:2 lacs another date purchase of jewellery value rs:3 lacs
If another date sales of jewellery value rs:2,50,000/-
Q.no.2. assessee rental income received from commercial property rs:3 lacs
Doubt:
1.assessee purchase and sale of jewellery different dates transaction treatment in books,it returns and capital gains tax applicable.
2. 30 percent rebate and housing loan interest amount on rental income eligible new scheme opted it filed person.