What happened with the balance of input tax credit available in "Electronic Credit Ledger" of a partnership firm if it is going to dissolve ?
Is it possible that one partner will run the business with same trade name and as proprietary concern. If it is possible, then, is there a way to transfer the available ITC balance in the electronic ledger of the firm to the electronic ledger of the partner ?

Please suggest and thanks.....

Dear sir,

I file gst return of garments manufacturer, he purchase raw material, manufacture it and sell as final goods, I claim ITC on raw material purchase and Pay output on sale of garments but where to show the manufacturing expenses in gstr 3b and gstr 1 ???

Hi,

I am salaried individual & receive Fixed Allowance for Medical Reimbursement

How to claim exemption in ITR for medical bills amount

pls guide

Hi,

I have 2 queries :-

1 ) I am Salaried Person & received Conveyance Rs 1600/- pm in Salary

In ITR for claiming exemption it should be shown under

" Sec10(14)-Amount received towards the expenditure incurred during performance of duty "

2 ) I received Leave Travel Allowance during the year .

To claim Rail Ticket expenses as exemption in ITR it should be shown under

" Travel concession/assistance received [(sec. 10(5)] "

Please guide if my understanding is correct

Dear Member's/Expert's

Please share your opinion on the above mentioned subject. Purchase Invoice for the month of March was not entered in GSTR3B and GSTR1 for the month of march 2018.Can we claim ITC for the same in the current Month.

Regards

Registered GTA is charging GST @ 5% to registered dealer on Transportation Charges. Will the registered person be liable to pay Tax under RCM?

Further, Can registered dealer take Input credit of GST charged by registered GTA?

Sir, we are an educational trust and we are constructing new premises for school. Do we have to deduct TDS from Contractors and what about deduction for other infrastructures like Centralized AC, networking, Civil works, fire fighting equipments.Do we have to deduct TDS on bill value with GST or without GST. Pls advise

Dear Experts,

1. Is the max penalty in delayed filing of Returns is each return wise or in aggregate of all the delays during
the year?


2.An assessee has a net GST liability of Rs 10,000/- for the year 2017-18 . As he didn't file any GST Returns
, his delayed filing penalty is coming to Rs 30,000/- appx. Is there any way of waiver of the said penalty of
Rs 30,000/-
The assessee is a small time trader who voluntarily opted for GST registration under pressure from his
supplier.

An inward supply that is charged by GST tax but its input does not get .Where to show in Return.

Sir/Mam,

we are receiving cargo freight charges invoice in that bill taxable or not taxable amount and gst will calculate, always on which amount I have to deduct tds and I am not able understand please kindly explain me as per example

Example 0% 49,248
18% 52, 530
Total 1,01,778
GST 9,455
Total 1,11,233

Thanking you