We are doing wet waste(Biodegradable kitchen waste ) management in Mumbai. We are told by CA to pay 18%GST
It is very difficult to pay 18% tax,since this is labour & transport oriented & less lucrative Job.Can anybody explain /give solution to me
Regards
SANJAY BHAYADE

Dear Sir,

I am filing GSTR-7.
I received supply from a registered supplier, supplier gives me a bill of Rs. 1,00,000/- which includes Rs. 50,000/- exempted supply and Rs. 25,000/- nil rated supply and Rs. 25,000/- taxable supply ( Rs. taxable value 21186 + Rs. 3814 gst amount).
On which amount should i deduct TDS ?

I missed due date for filling return for a.y. 2018-19 and my income is Rs. 350000 so, If i fill now i have to pay penalty . then whether i should pay penalty in the same challan, which i use to pay for self assessment tax or i have to pay Rs. 1000 in seperate challan

HI,
I would like to know whether b2c to b2b can be amended more than once for a month. This is because when ever i try to amend b2c to b2b for the month of Jan in GSTR-1 of September, it is showing that b2c (of Jan) was amended during the preceding month. But now i need to know whether amendment can be made more than once .

what is GST rules for capital goods transfer from one branch to other branch for job work not for supply like machinery on hire etc

Hi Frens,
on 31st we counted physical stock warehouse, so on 1st i need to update these closing stock value in Tally, so whether i should take cost price including tax or exculding tax? Example:- Mango Syrup, base price is 10, GST is 2, so total Rs.12. so how should update in tally? Rs.10 or Rs.12?

We have just started with Job Work in our factory. The principal issues material and informs us quantity of pcs to be made from the material, however, with our manufacturing efficiency we save some material. We wanted to know how can we account this material.
Eg. Principal issues 100Ton steel and we have agreed to produce 10000 pcs from the same. Further, after processing 10000 pcs, we generate 4 tons scrap and 1 ton steel fresh is saved. Now how do we account for this 1 ton steel. Consideration paid is per pcs, however, we complete the challan by entering the full weight of 100tons. We sell the scrap as that is allowed and in general process, but for fresh steel we are not able to understand the accounting.

Sir,

I have a friend whose mother has passed away. She has 3 legal heir. In her will, she mentioned that the property share to be given by the nominee should not exceed Rs 15 lacs and the other 2 legal heir will sign the receipt before the receipt of the payment in the court. She had bank accounts for which she has nominations as well. My question is is as follows

1. In case of property, each legal heir has 25% share. In case the property market price sale is 1cr,each one is entitled for rs 25lacs.how can rs 15 lacs be binding in that case? Can this be contested.

2.for bank account, will the nominee share the proceeds with the others as in property or are they entitled for 100% share

3. In case of a dispute, can the legal heirs make a MOU or Moa which is legally binding.

Pls assist

I have filed one of the client's Income Tax Return for AY : 2018-19, while putting information regarding Bank Statement by mistakenly one number has been wrong typed due to which refund has been credited in wrong bank account which has been mentioned at the time of filing of income tax return.

I have already submit the grievance by mentioning and also attaching the details of correct bank account number but still they are replying that your refund has been already paid.

Now please provide me the any other way from where i can claim that refund of client and also whether the refund will be reissued or not??

please provide the solution

Thanks in advance

sir,

GST annual return, it is required for below 1.5 crore.
please suggest me