Samir Belim

Dear Experts,

Have a good day.

we are manufacturing & Export base company in India. we Export our Goods to other country and buyer want to arrange the payment by Credit Card. is this possible.

We know that, if payment comes by Credit card, so purpose of payment in not mention and also this transaction payment advise is not generated by bank. but when we will submit the document that time we will mention the transaction number on lodgement document. so that bank can identify that, agenst this export payment is receive.

we have talk with our bank manager but not receive any satisfactory answer from his side.

Please inform us the best way, so we will follow that.

Waiting for your positive and early reply.

Regards,
Samir Belim


ABCDE
28 April 2018 at 12:36

Gift deed

Can I make one consolidated gift deed for gift by cheque to both my mother and father in one single gift deed. Or I have to make two separate gift deeds?



Anonymous
28 April 2018 at 12:32

Gsrt 1

IS THERE ANY LATE FEES APPLICABLE FOR NOT FILING GSRT 1 .....One assesses has file properly GSTR 3B ON TIMILY BASIS BUT UNABLE TO FILE GSRT 1 FROM AUGUST TILL TODAY...HIS TURNOVER IS LESS THAN 1.50 CORES.
KINDLY ADVICE



Anonymous

My Form 26 AS is showing the net amount paid to me by a particular entity and not the gross amount. This means that Amount paid / credit is showing the amount net of TDS deducted. Please confirm if it is okay? and if not what is to be done?


Deepak Jain
28 April 2018 at 11:06

Turn over discount

XYZ, a goods manufacturer and suplier company has made an agreement with a distributor to provide turnover discount (post-sales) if distributor achieves quarterly targets as mutually decided by both. Thereafter, Credit note is issued by suplier for this turnover discount.


My question is that do distributor needs to pay any gst on such credit note issued against turnover and if not, do they need to be mentioned in GST returns?


"Anant"
28 April 2018 at 10:22

Cash deposits and return filing

Sir/Madam,

A person has deposited cash of more than rs 2,00,000 in a single day in his savings bank account received from his cousin brother.

The money was on account of receipts from sale of rural agricultural land that was in the name of his cousin brother.

Now, how would this be reported.
How should the return be filed. And,
What could be the tax implications.


AviGan

I have 9 B2C invoices during Jan to March all are at 18% and all intra state. In same state UP. In GSTR-1 return will I input all 9 invoice separately or total of taxable amount and total tax liability @ 18% in a single input. Please guide me on this matter


Kalpesh
28 April 2018 at 00:20

0.1% gst on exports

0.1 % rate of gst on exports is what ki d of gst? Is it igst or cgst & sgst? Please elaborate.


CA. Abhinav
27 April 2018 at 20:55

Gst on bank audit

My firm address located in UP and i have carried bank audit in Gujarat state. I will be charging IGST bill. My query are:1. GSTIN of H.O. Based at Kolkata to be mentioned or State of Gujarat where i have done audit.2. Just IGST bill will be done or i should register for GST of Gujarat state also.Thanks



Anonymous
27 April 2018 at 17:32

Input tax credit on gst

I am registered sole proprietor, having income from house property, I collect gst from tenant, I am also carrying business. can I take input tax credit of business on gst liability on house property.






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