HI

Can any body explain how to deal in gst the following situation

we entered into an service agreement with one of the service recipient and raised an invoice for advance payment along with GST and filed the GSTR3B showing it as the output, after one month we had mutually agreed and cancelled the agreement, but both of us i.e service recipient and service proveder has taken the respective gst portion as output and input while filing their respective GSTR3b , now if the advance amount has been returned back to the service recipient how to show this in GSTR3b and GSTR1, plz explain from point of service recipient and service provider. Is it correct if the service provider raises a credit note against the invoice raised earlier or is there any other method of dealing the situation.


Thanks& Advance
A V Santosh Kumar

Dear Sir

Could you please guide whether TDS attract on Lease Rentals paid on Cars

A took 2 cars on lease for a tenor of 2 years and paying Rs.80000 per month towards lease rent. Could you please guide whether we have to make lease rentals by deducting the TDS or not. If TDS attrack, at what rate, we have to deduct TDS

Thank you

While generating E-waybill for Job-work Returns
1) When we select Inward – Job-work Returns – in the doc type there is only one option of Delivery challan. What if the job-worker is not making Delivery challan, can we mention the invoice no. and what about the Value to be mentioned, do we need to mention the value as (RM Cost +Job work cost or only the Job-work charges)
or is it compulsory to make DC for jobwork.
2) And regarding the HSN Code – do we need to mention the Item HSN code or the Service HSN Code for job-work)

Dear Sir/Madam,

One of the director in our company was appointed as an additional director in a pvt company. his date of appointment as additional director is 28/03/2015. however the director was not regularized as a director in the AGM held in 2015. he is currently also a Additional director in the company. can we regularize him in current year AGM i.e AGM held on 30/09/2018. Kindly guide

we have done one Pharmaceutical project in nepal. and raised consultancy bill to nepal co., the nepal co. release the payment to us after deducting 15% tds. Can we claim that tds amount in india.

While filing for fresh registration, whether the additional place of business can be in one state and Principal Place of business can be in other state?

Whether the Tax Official will cancel the registration where no reply has been received from the asssesse against the Notice for cancellation of reg. issued by him?

Dear All,

One Pvt Ltd company raised an invoice on 1st Sep 2018, When GST payment liability arises ?-

1 Date of Invoice Raised
or
2 Date of Payment Received against invoice

Please reply on Urgent Basis (plz also advise with circular/under section)

Thanks to All
Kumar Niraj

I plan to give cash gift to my father in law, to save tax on interest earned. Following is my understanding. Kindly confirm
1) Cash gift to my father in law is tax free unto any amount
2) I need to prepare a Gift deed as proof of gift
3) My father in law who doesn't come under tax bracket, ideally should file ITR, declaring the gift received from me.

Now would like to know, if I or my husband get the same money back from my father in law along with interest,
1) I believe we again need to prepare gift deed and show in our tax filing.
2) We will not have to pay tax on any amount received from my Father in law

Is this understanding correct??
Kindly help.

Sir
Hotel room rent attract TDS 10%
Pl confirm