How gst registration applicable on GTA sector? Are they required to register as gst is payable by consignee & return is to be upoaded by consignee under 5%gst with noitc claim. Then whether a GTA has to file nil return or not.Is e way bill applicable to GTA also.

Can u tell me all (Proprietor)personal expenditure cheque issued is under expenses or capital account. 1) When i take his personal expenditure under capital account,Profit is more. And 2) When i take his personal expenditure under indirect expenses difference in p&L Account. So, which one is the correct.My exact question is all proprietor personal expenses goes under capital account or indirect expenses. Opening capital account is Zero & Newly opened proprietorship Firm.Which posting is correct for balance sheet.
1) By Prop. Capital Acc Dr. Rs.xxxxxxx To Bank Acc Cr. Rs.xxxxxxx (or)
2) 1) By Prop.Indirect Expenses Acc. Dr. Rs.xxxxxxx To Bank Acc Cr. Rs.xxxxxxx

Sir,
My ca final registration expired and i hv applied for the same on 19th jan , 2018. I have sent renewal form along with DD. But till now i didnt received any letter regarding confirmation of renewal . Even i couldnt find it in reprint letter website.. I have also applied for may 2018 exams ...am i eligible for may 18 exam..
plz guide me

Professional services rendered to a client based in Hyderabad however the meetings happened in Mumbai.

Service provider is based in Pune.

The service provider is under exemption limit of Rs. 20 Lac.

Question
Whether this will be treated as Interstate service and accordingly service provider need to get registered under GST and charge IGST?

I sold one long term capital asset (residential house property) and now purchased 2 residential house properties in different places can I claim exemption for both house properties?

We are an Agriculture Reserch Institute (autonomous body) of ICAR(Indian Council of Agriculture Research) we provide scientific Technical consultancy services and receive money from Service Receiver at the time of payment they deduct TDS recently we got an email from income tax department that TDS is deducted against your PAN file the return for this FY. But till this time no ICAR institute is filling ITR if we need to file which ITR form has to take please guide me. ICAR registered under societies act 1860 Thanking you.

Hi Everyone,

Though we already know the fundamentals of TDS and its necesssities.
But most of the people find difficulties in calculating the tds on the transaction amount & it's accounting treatment & the manner in which Income tax as well as Indirect tax (service tax/vat/excise/customs/gst as a whole) gets segregated.
Due to lack of Knowledge of these basic principles, a candidates faces difficulties and somehow don't get selected in the interviews of their dream companies.
I have shared it as because, as I am the one of them who faced this consequences & believe me folks once you realize it, you will feel the pain for not getting selected for the mistake made at a glance.
So do clarify is tds is calculated on pre gst of (Goods/Services) transaction amount.....................?

Sir,
I own rice mill and and DHARM KANTA to provide service of weighing, for which i charges 40 rupees per truck and at the end of the month i recieved 90000 rupees so, do i need to pay gst for it under SAC CODE 99839, if yes sir please
clarify tax rate on it

Sir, i have filed GSTR-3B for the month of OCTOBER and later i have noticed that in 3.1 details regarding OUTWARD SUPPLY, taxable value was entered incorrect and the amount of CGST & SGST was correct
Now, i need to change the taxable value in GSTR-3B
Pleas guide me how to correct it, even after filing the GSTR-3B.

But still now i did not filed GSTR-1 for the OCTOBER

pleas guide me how to correct the mistake

thanks in advance

we have received invoice dtd. 13.03.18 for rent for the period from mar 2018 to feb 2019 from owner. we have issued some CDC AND PDC to the owner. Could you please let me know what journal entry to pass for this transaction ??Thanks