Dear Sir,

Will the excess GST paid during FY 2017-18 be carried forward to next FY i.e. in FY 2018-19 or its refurnd to be taken ???

Dear Madam/Sirs,

As a society Accountant, discovered an error in Reserves & Surplus opn balance FY2016-17 of 5L short, which affects closing bal. This is offset by Investment A/c of equal amount in asset side. Now since closing takes place in FY 2017-18, this error noticed, and need to know what action needs be taken ? Income tax return filed from income statemet which is somehow correct. Error only in audited balance-sheet 2016-17. Financial statements not yet filed in Registrar of Societies FY2016-17

What are the implications and what needs be done in FY 2017-18 closing.

Thanks n regards Alex G.

Read more at: https://www.caclubindia.com/forum/error-in-audited-balance-sheet-of-fy-2016-17-quot-res-amp-surplus-458691.asp

I run a small restaurant in which I sell biscuits, snacks and other sweets purchased from outside. In addition, I also prepare tea, samosa etc., and sell/serve the same to customers. Whether I can be assessed as Manufacturer under GST composition scheme ?

A. When is E way bill is compulsory? 



B. What is limit of the invoice?

If my value of invoice is less than 50K and i sell in 

1. Interstate and E way bill is required?

2. Intrastate and E way bill is required?

If my value of invoice is more than 50K and i sell in 
1. Interstate and E way bill is required?

2. Intrastate and E way bill is required?

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Can any one please guide me on this issue ? Ours is a private limited company and while filing GSTR-1 it requires DSC and while uploading with DSC a message such as " Failed to establish connection to the server" appears on screen. Please guide me. I shall be highly obliged to u.

DEAR SIR,

ONE OF MY CLIENT, SOLD HIS AGRICULTURAL LAND TO HIGHWAY AUTHORITY OF INDIA AS PER COMPULSORY ACQUISITION LAND ACT, MORE THAN 40,LAKHS RUPEES TDS HAS BEEN DEDUCTED 4 LAKHS RUPESS. NOW MY QUESTION IS AS PER INCOME TAX RULES IS EXEMPTED FROM INCOME TAX. BUT WE CAN CLAIM 4 LAKHS RUPEES AS REFUND AMOUNT TO FILING INCOME TAX RETURNS ABOVE LARGE AMOUNT OF RECEIVED.

REGARDS

We are a partnership firm having turnover around 3.00 crores and registered as regular in GST. We are paying RCM on carriage inward and shop/godown rent as RCM since July,17 and have been filing monthly GST Return, but have not paid RCM on any other business expenses like printing, travelling and conveyance, mobile exp. and many other various expenses. Which expenses are liable to be RCM paid ? Please guide us in this regard.

Dear Friends


Suppose A makes an intra state supply of computer to B.


But A didnt supply computer in one go.


first he sent cabinet


then ram


then hard disk


and finally the computer was assemebled in teh place of B.


Now the gst rate of computer is 18% but gst rate of ram, cabinet, hard disk etc is 12%.


how to deal with such situation.


how will invoicing happen etc.


regards

Dear All,

If I want to start a Cashflow of a particular year from PAT ( Whereas in the same I have a Deferred Tax Liability ) Could anyone help me how to go about it?

Say Suppose my PBT is 1000, and provision for tax is 180 and DTL is 20 then my PAT would be 800. Assuming only noncash items are Depreciation of 50 and DTL of 20 and all else are Cash Item, ( Assuming my Beginning cash balance is zero) my ending cash balance should be 870, right?

Please help me how can I show this figure 870 in casflow ending balance?