Dear experts,

A proprietorship firm registered under composition scheme in GST wants to transfer all its stock to another sole proprietorship concern which is newly registered in GST under composition scheme.
After stock transfer the old/existing proprietorship concern (composition) will be cancelled.
Now my question is:

1. Whether stock transfer from one composition firm to another is possible?
2. If yes how will it take place whether by sale?
3. what will be the tax implication from GST point of view?

Can somebody help me understand what is the rate of GST on Canteen Services (company taking canteen services for its employees and deducting the same from their salaries).
The HSN Code 9963 has the rate of 5% with no ITC for supply of food etc provided in restaurant, eating joint including mess, canteen (I focus here on the word 'Canteen' alone). Whereas the HSN Code 996333 has a rate of 18% for "Services provided in in Canteen and other similar establishments".

Please clarify as to what holds precedence- HSN Code Heading 9963 or HSN Sub-Heading 996333 ?

On a more practical level, if the Canteen Service provider is charging 18%, can we ask him to charge 5% instead?

a proprietor has purchased car worth Rs. 50 lacs and paid GST on it. Now the proprietor always accompany with him team of atleast 5-6 persons, as it his need of profession, So can he claim ITC on car used in his profession/business.

As it is written in sec. 17(5) of CGST Act that itc shall be admissible if motor vehicle is used in "transportation of passengers".

Passenger means a person who is travelling. According to oxford dictionery, passenger means "A traveller on a public or private conveyance other than the driver, pilot, or crew"

So According to me above person satifies the condition of sec. 17(5) and ITC is admissible. Show your opinion on this issue.

I have E verified ITR after 120 days of filing due to technical delays with bank I forgot to e verify within 120 days .
It was a refund return .Still ITR not processed even though I have raised a grievance for condonation in efiling website .The reply is It will be processed soon from the last 3 months alomost.I have e- verified it in December,2017.Still its not processed.
What should I do now ?

We want to whether below transaction is need to be deduct the TDS.

We have received service bill of Rs 26000+4680 GST 18%) =30680. Do we need to deduct the TDS as the payment will fall under more than 30K single payment. Our confusion is while deducting the TDS we need not to considered GST amount as it was on the service charges (Kindly quote the Section for GST on service is not considered while deducting the TDS).

What are the steps of Foreign vendor service invoice payment process ?? What is the required set of documents along with TDS return (15CA). First to last step of such remittance ??

Dear Sir

i have filed original return before due date of individual assessee, now can i filed revised return for the ay 2017-18 if yes than please told me last date of revised return for the ay 2017-18

Sir I gets HRA 5000/Month and i pay rent rs 7000/ month. Can i get any exemption or deduction under section 80GG. If yes, do i need to submit rent receipts to income tax dept.

Dear Sir,
I am providing services of False Ceiling work with material on which 5%/18%/28% charged GST which is available for credit. Right now collecting Works contract Bill with 18 %.
Is there any change ?

A person has sold rural agricultural land in FY 2010-11. Other than this she has some below taxable income.She has received notice u/s. 148 asking to file return of income. Shall receipts from sale of agricultural land should be shown as exempt income? Or it should not be shown at all and stand should be taken as the receipts are not income at all. So the question of exempt or taxable should not be arise