GST paid for the month of Sep 17 on RCM basis in month of Mar 18 .
But credit for the same is not reflecting in Online portal for the month of October 17
Wheather same to be taken as credit in Month of Oct 17 or in month of Mar 18
Regards
I am filling April 2018 GSTR 3B its showing 5000+5000 late fees in last GST council meeting they waived of late fees then what should i do or it is applicable from 1st January 2019 plz rectify my problem
IN OUR OFFICE ONE CABIN CONSTRUCT (FOR ALUMINIUM SECTION ) NOT CEMENT AND OTHER MATERIAL ,
SO MY QUERY IS CAN I GET ITC ON THIS
1.ALUMINIUM CABIN TOTAL BILL (LABOUR WITH MATERIAL)
2.ELECTRICITY TOOLS (SWITCH, OTHER )
3.WASH BASIN
4.CARPET
PLEASE REPLY MUST
We have MRP on our products considering distributors commission. we sell our products to distributors at different prices (lower then MRP),
A. Is there any rule to mention MRP on GST Invoices ? we are mentioning the transaction value on Invoice.
B. In case of Government assessment can they raise the query regarding tax evasion as the price of Invoice is lower then the MRP ?
Please advice
Dear Experts,
Please give clarification for Goods send for job work.
We are manufacturer.We are using several tool & Gauges for manufacturing.That tools & Gauges we need to send for resharpening, Calibration Etc... My Query is, How this transaction is considering.? Is it consider as goods sending for job work.?May i consider this transaction also for ITC-04.?
Dear Experts,
I am planning to purchase a shop in Navi Mumbai, currently market value is 1.45 Cr in which agreement value is 80 lakhs. Should I opt for overdraft loan, loan against property or term loan.
Your quick response will be highly appreciated.
Thanks
Can Withdrawls of a person can exceed his net profit of the business. For example his net profit is Rs. 50000 but the drawing amount from business is Rs. 85000. Is it possible?
Please help me on the following matter.
I have many vendors who has given me services in the month of November and December but they have issued invoice in the month of December. But I have received money from client related to which I have taken services from vendors as an input and my output tax liability has arise, but I don't have any invoice to claim input tax credit against that output tax liability.
I haven't filled GSTR 3B yet. Can I claim input tax credit against December invoice in November GSTR 3b ?
Is there any other way to reduce my output tax liability in the month of November?
Please help.. Thanks in advance
What is the due date for filling return of NGO .Is there compulsory to file return even having NIL recipts.and no income.
Dear all, I have a query on above subject. One employee has submitted documents & claiming exemption for Home Loan (for 1 residential house). Th said house is completed & we are unable to verify whether the same is rented or occupied by him. Side by side he has also furnished Rent receipts to claim HRA. His plea is that he is living in rented house & not living in his own house due to practical reasons. His both houses are in same city.
Kindly guide whether both benefits can be given? if not then some strong reasons / rulings in support. This may be practical problem also in some cases but few people want to take maximum Income Tax benefits.
Thanx.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Itc credit for payment made on rcm