.Can a Foreign Organisation (USA) Open a bank A/c in India.
The proceeds of the sale from the property in India of XYZ Inc USA (Foreign Organisation) can be deposited or credited to India's bank account.
Would it be consider as overseas remittance from funding agency or it would be the local contribution.?
Please help.
is this section related to TDS Payment? and What is the time limit under this section
Dear Sir,
If purchaser make a partly payment of item and after purchase balance amount not received by him in six month period then what the provision in Gst rules please reply
Amit Jha
Dear Sir ,
We are ABC Pvt. Ltd. We have two business vertical in the same premises both having different GSTN but
electricity bill comes together in the name of ABC Pvt. Ltd. One unit book whole electricity expense in its books of A/c and charge reimburement from other unit based on sub-meter reading at actual rate . Does not charge anything over and above the rate specified in electricity bill.
Therefore in our opinion since there is no consideration , it just an accounting adjustment , liability of GST does not arise .
Pls clarify
SIr One on my supplier havent uploaded my data on GST portal.
On repeated request, he is just postponing it to saying in Annual return only it can be rectified.
But i just came to know Amendments were allowed till MArch of this year in 2017-2018 Bill.
The party is having a big annual turnover of around 10 Cr a year hencce was well aware about it.
ALso he has issued me 2 bills with different number and date stating first bill was wrongly given to me and bear another party details in his books.
I have both hard copies with me and also transfer of payment proof.
What are the options with me.
Is , Income from interest on deposit to suppliers or Bank to be shown as exempt supply under GSTR-9.This disclosure in necessary in case where deposits given prior GST, and only Interest income is receiving during year.
Dear Experts,
I Have cancelled my GST registration 1 year back since there is no operation in the company after paying all my dues. Now i got a SMS stating,
YOUR GSTIN IS ACTIVATED BASED ON REQUEST RECEIVED FROM JURISDICTION AUTHORITY.
Request to clarity if this is normal.
Thanks in Advance
Applicablity of gst on commission received for supply of petrol products?? Whether GST is applicable, if yes/no can you please provide the source??
Sir, One of my client is contractor .
He had not issued any GST Invoices for the FY 2018-19 .
He has Nil Turnover. He has only Income from FD interest and Agriculture Income.
Sir, Last FY 2017-2018, he had file ITR3 Normal ITR .
Sir , I want to know which ITR Form ,he. can file for FY 2018-2019. Sir , his GST Sales is Nil
Secondly, Whether he can opt Sec44AD.
dear experts
please clarify my query is
my client doing restaurant business he is giving commission to zomato, siwgi (B2B) is gst is applicable or not on commission ??
my restaurant under 5% slab
if commission applicable how much i pay 5% or 18%
please clarify
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Can a foreign organisation (usa) open a bank a/c in india.