My client has received the notice from cgst nm. Division 4 forReturn defaulter U/S 46 for non filing GST 3B return. He is already registered under S.T. He has got the provisional ID for GST. But he has not completed any registration procedure by filing form or migrate . In mean he is applied for new registration and got GST no and filed the all return from July 2017.

How to give reply in which manner ?

Hello my name is raj nd I'm 18 yrs old and i want equal rights in my father's property so can i go legally?
What are postive or negative impacts

Dear experts good afternoon,

We are manufac. company for cotton fabrics & Partnership firm.

My company one of the Partner's son travel & educational coaching to otherstate.

At the same time the son is the employee for the firm in our a/c.
And, my query is the above travel & edu.coaching fees claim for company firm & input tax also.
if the tax claim for the above, what are the bill received the name of son or company name from coaching center????

second query is flight ticket invoices can we claim for input tax credit or not ??????

During the year 2017, Company has given the job work for Manufacturing of Jewellery to China Factory. Factory charge to the Company is 15 CNY Currency per gram for Casting+Filling+polishing (Process under Jewellery Manufacturing) and once Goods are ready from this Process then Diamonds will be set in the Jewellery for which Factory will charge 3 CNY Currency to Company per Pcs of Diamonds..

Now Once the Finished Goods are ready they will ship from China to Hong Kong and According to above rate they will issue Labour Invoice which is straight forward Exercise and According to Labour invoice we book under Labour charges in Company.

But to Start Production of Jewellery Company Need to Give the Gold In Advance to Factory and this account will be like Running Account of Gold Balance. For Example Company has given 100 KG Gold to Factory in 2017 and out of that Factory has given back the Finished Goods of 92 KG to the Company.

Now in Above Para issue is balance of 8 KG (100 KG-92 KG) which Factory charge to Company under Normal Gold Loss/Wastage which is fixed as 8% with the Company which company has to pay to them.

Now Two Issue from the above Story- One is where we should account gold Loss ? Currently we are booking as purchases of 100 KG under Purchase Gold only As Factory has given 92 KG Gold Finished Goods to the Company and Company has delivered the goods to Customers so We should account Purchase Gold to the extent of 92 KG only or

We should account 100 KG as purchases of Gold as well as 8 KG Gold Loss under Labour expenses?

Please help to clarify the above issue

Hi Guys,

Can company give transport allowance to a whole time director &
The director can claim exemption for such allowance?

Hello I have income from partnership firm and also have loss in share market i have filed ITR-3 for assetment year 2017-18 i have got this notice

310

Taxpayer having income under the head “Profits and gains
of Business or Profession” but has not filled Balance
Sheet and Profit and Loss Account as required in
explanation (d) under section139(9) read with section
44AA.



What should i have to do ?

Hi,

One of my clients provides services to foreign entities and the rates are agreed at foreign rate.

While passing accrual entry whether it should be in local currency or foreign currency and then convert it into local currency.

Also if i am recording the accrual entry at foreign currency then while reversing it there will be a exchange fluctuation (even though it will be very minimal), what should be the treatment and also is the fluctuation which is notional in nature allowed as per the Income tax act.

please share relevant documents or references if possible.

Please Guide me as to how should I treat this Works Contract bill given by Works Division in GST? Since GST is not specied on this bill, what amount will be GST that my client needs to pay. Also Advise me what will be the invoice number and invoice date.

Sir,
I am paying monthly amount as consultant to one of employee and deducting TDS, is this transaction attract GST under RCM ? Please answer..

One of my friend business is Given to Dress & Costumes on rented. whether he will registration under composition scheme?

&

Which rate of GST applicable & which HSN code in to be apply.