Sir

9(4) reverse charge was suspended up to september. whether composition dealer has to pay reverse charge for purchase from unregistered dealer.Please reply

Thanks in advance

Dear Sirs,
Sec-34 of GST restrict to issue credit note to the customer against sales return not later than September following the end of the financial year in which such supply was made, or the date of furnishing of the relevant annual return. We are in trading activity and some times get return of goods from customer even after 2 years. GST is silent on this case. during VAT regime we use to take back material without reversing VAT/CST amount. can you please suggest how to take the material back and how to disclose these material in GST return.

IF A LOCAL AUTHORITY MAKES A CONTRACT FOR CONSTRUCTION CONTRACT FROM A DEALER WHO IS REGISTERED UNDER COMPOSITION DEALER THEN
1 ON WHICH AMOUNT TDS IS DEDUCTIBLE BECAUSE COMPOSITION DEALER CAN NOT MAKES INVOICE SHOWING TAXABLE VALUE AND GST AND TDS IS DEDUCTED ON TAXABLE VALUE
2 HE IS REQUIRED TO PAY 1% TAX THEN WHAT IS THE LOGIC OF 2% TDS AND HOW THIS 1% EXTRA TDS IS ADJUSTABLE

We have private limited company and we have taken Rent Godown from Food Corporation of India ( FCI ) and also paid rent 99000/- per month Rent so TDS is Applicable or Not Applicable , Kindly Clarify

Thanking you .

Dear Respected member,
Kindly help me in following query

Can a Pvt. Ltd company pay Professional fee instead of salary to its director, director having professional qualification.

`A’ has constructed an office building (on a self owned Plot) comprising of Ground + 5 floors. `A’ has shown the said Land & Building as Fixed Asset in his Balance Sheet. The said presentation has been accepted by the Income Tax Department. At present `A’ is using the entire Building for his Office purpose for himself, his sister concerns and for the Ltd. Companies in which he is a Director. `A’ now wishes to give a part of his Fixed Asset on Leave and License basis. The said Building has not received an Occupation Certificate from The Municipal Corporation of Greater Mumbai.Queries:

1. Will the said income generated be treated by the Income Tax Department under the head of Business Income or Income from House property?

2. Will the rest of the Fixed Asset be charged Notional Rent by the Income Tax Department in view of the letting out of the part of the Fixed Asset.

WHAT WILL BE THE GST RATE ON ICE CREAM IF IT IS SOLD IN RESTAURANTS , WHETHER ICE CREAM SHOULD COME UNDER FOOD SERVED IN RESTAURANTS AND 5% GST SHOULD BE CHARGED .
AND IF 18 % GST IS CHARGED ON ICE CREAM WHETHER ITC IS AVAILABLE AS ON FOODS SERVED IN RESTAURANTS GST RATE IS 5 %AND NO ITC IS AVAILABLE .

Dear Sir,
Manufacturer of iron door frame and windows has purchased an air conditioner for his office. Whether itc of airconditioner can be claimed in 3b return
or
ITC of airconditoner is in barred Catagory ?

Dear Members,

There is a company which is into a publication of B2B magazines. The company provides the contents and get the advertisement from its clients like W, Indi fashions, Go colours etc. and outsource the same for printing. The company earns revenue from Advertisement (charges GST) and sale of magazines on which GST is exempt.
on the other side, the company pays GST on paper and getting the same printed.
my question is whether a company can claim input or not in the above case.

Thanks
Mamta

Billing and Dispatch from Different states

Billing from the state where registered and dispatch from the state where there is no registration under GST
is it possible