Dear All,
Background: There is a registered auto dealer (new cars) who is also engaged in purchase and sale of second hand cars.
Query1: can he take benefit of margin scheme and any intimation to the department or mention of the same on invoice is required.
If yes
Query2: Can he collect GST from customer or it has to be like composition scheme?
Say purchased a vehicle for 1,00,000
sold for 1,10,000
Margin 10,000
so amount to be collected from customer should be 1,10,000+1800 (say GST rate on margin is 18% so 10,000 X 18%) or else it should be 1,10,000 only?
In case it can be/ has to collected separately than
Query 3: will it not disclose the margin to the customer and indirectly hamper the business?
Query 4: can we skip the invoicing part?

reference to sections/rules number of act will add greater value to your reply.

Please let us know

If we are getting commission from suppliers on Air ticket is there a need to pay GST on Commission income where they already deduct TDS on commission they are giving.

For Example
Air Ticket Cost - 10000
Commission - (-) 1000
TDS - (+) 50
Service Charge - 100
IGST - 18
Purchase Cost (NET) - 9168

Please let me know is there a need to pay gst on that 1000 INR of commission????????

waiting for earliest reply?

This is request to you that , i am working in the company and also getting salary 20000 every month and also getting agriculture income 250000 To 300000 every year,
Which return will we file ITR –I or II & I also filed ITR-2 last Two year , now uploading ITR-II in XML FILE but due to below error is showing
The XML Schema is invalid . please upload the xml in the correct schema .At Line Number 151: the value “INDIVIDULE” of element ITRForm : Capacity is not valid
Kindly suggest to us
Thanking you,

Dear Sir,

I have viewed my GSTR2A, where in i have found lot of credit notes which i am not aware of it . Now, does that mean that, i have to reverse my input credit of GST. kindly advise

For promotions and campaigning we get consideration from Foreign customer in Foreign Currency.
We are doing promotions and campaigning on behalf of foreign client. We are in Trading business not advertising agency,

Query:
Do I need charge GST on Foreign Receipt?

If answer is Yes

IGST or CGST & SGST will be applicable.

Dear Sir,

Please tell me whether there is any changes in the balance sheets & Auditors Report's of the
Private Limited company in AY 2018-19.

If yes please provide me the such document.

Thanks & Regards
NK

For e-form DIR-3 KYC
1). Do the practicing professional (CS/CA/CMA) rubber stamp and attestation require for ID and address proof of the respective indian director attached to form DIR-3 KYC ?
2). What is the validity period of the OTP sent on the Email id and mobile of the respective director?

Our company is dealing with govt.electrical projects- Scope of work is strengthening existing electrical distribution system -


1) By completely changing existing old lines- with material


2) Changes wherever damages happened.

Please suggest GST rates for both nature of work.

Sir,
What is due date for filing of i.t returns without penalty for partners of audited firms

Thanks in advance

dear expert
what if the registered supplier has not filed his return
& we have avail input on the basis of tax invoice issued to us

kindly help

thanks in advance