Dear sir,

Can we do the audit of Professionals under section 44ADA on Receipt Basis instead of Accrual Basis.

Dear all,

we filed GSTR3B wrongly, in gstr3b we entered sales as Local sales, but it was IGST Sales we paid cgst and sgst tax and offset the liability,

Now i have to file gstr1
but there is no option to revise gstr3b

please suggest me to rectify the above mistake

Respected All,
Kindly please suggest can we take Input Credit of GST on purchase of Car ( Say Swift Dzire) for use of Manager of Company and on Trucks purchased for delivering finished goods to parties. Kindly please suggest.
Thanking everyone.

what is the penalty for late filing of GSTR-1/2/3 ...??

Dear Sir,

My daughter has become NRI recently post her marriage as she migrated to USA for indefinite time on dependent visa. She has investments in Indian listed companies which was done by her through secondary market/IPO over a period of 8-10 years while she was Resident. The total value is approximately Rs. 40 lacs across 15-20 companies. The investment was made in Indian rupee.

Recently, she has converted her savings account to NRO-Savings account and re-designated her Demat account to NRO demat. She wants to gift these investment to me(Father) through Gift deed on Rs. 100 stamp paper.The transfer of shares would be through depository participant where both Father and Daughter is having account.

My queries are as under:
1. Is this Gift of shares without consideration to be reported under FEMA? If yes, what is the formalities?
2. Is this Gift attracts Tax under Income Tax? Is the Gift to be reported while filing Income Tax Report?

WE ARE IMPORTING GOODS FROM OUR C& F AGENT

C&F AGENT INCURRED ALL EXP. ON BEHALF OF US & RECOVERED FROM
US.C& F AGENT SEND TWO BILLS ONE IS ONLY REIMBURSEMENT EXP. ,SECOND
IS ONLY HIS AGENCY CHARGES.

IN REIMBURSEMENT EXP.BILLS HE CHARGES FREIGHT BILLS FOR TRANSPORTING OUR GOODS TO OUR DESTINATION, FREIGHT BILLS ARE
IN OUR NAME ,ONLY AGENT RECOVERED EXP. & WE PAY THEM.

MY QUESTION IS ON FREIGHT CHARGES WHO CAN LIABLE TO PAY GST
WHETHER WE OR C&F AGENT.ON RCM .

PLEASE GUIDE US.

Dear Respected Sir,

I have received advance for the months of July to November and final invoice not yet issued due to non received full Consideration i have paid GST on advance accordingly on advance recevied months wise.

Now i have to file GSTR3B and GSTR-1. Where should i show in both returns

Partnership firm having Turnover 20L, maintaining books of accounts u.s 44AA, profit before remuneration 2L(10%), not opting for 44AD, paid remuneration 1.5L. Taxable income 0.5L. is this correct?

Sir Afternoon Sir/Madam,

I want to know that TDS will be Applicable on Supply of 200 KLD Sewage Treatment Plant Preliminary Units, Eco-Bio Carrier System Complete. If applicable then how much percent. Its urgent sir. Because I will be pay to the party by tomorrow.

Dear experts -- I am a transporter providing service of transportation of goods by road and also trading of gritt. Suppose I have issue a Invoice to purchaser of gritt. detail as follows--
gritt value 50000, freight 30000 and i charged Gst on Rs. 80000@5%. i.e 4000

now my question is that can I take input credit of GST paid on truck purchased?