We have purchased a capital good to be used for effecting Taxable supplies. Suppose Its value is 10000/- and GST @18% (Rs 1800) paid, Total Invoice Value is Rs 11800/-. Now can we claim ITC of Rs 1800/-. What will be treatment of Depreciation. Whether Depreciation & ITC both can be availed. Requesting to clarify with figures.

SIR I HAVE GET A FRESH NEW REGISTRATION IN GST ON 27 JULY 2017 AS COMPOSITION DEALER

I HAVE PURCHASE GOODS OF RS. 9 LAKH TILL NOW
AND
SELL GOODS OF RS.4 LAKH

(DURING COMPOSITION SCHEME)

NOW I HAVE STOCK OF RS, 5 LAKH

THIS STOCK IS GST TAXPAID AND PURCHASED FROM REGISTERD DEALER

NOW I WANT WITHDRAW COMPOSITION SCHEME

SO QUETION ARISE THAT

CAN I AVAIL ITC OF RS. 5 LAKH STOCK

IF YES
WHICH FORM SHOULD I FILL FOR IT

If i invest 10,000 monthly from my savings in a deposit scheme for 6 years and upon maturity i’ll get cumulative amount of around 10 lakh which will be through check in my bank account..... Will i need to pay tax on it or what will be its tax provisions Reply asap....

A company is providing exempted service of healthcare. They appoint franchisee who collect the proceeds of test and deposit total amount with the company. Company pays its franchisee a fixed amount on sales proceeds for there expenses and there share in sales proceeds. Company also charges yearly fees from franchisee.
1. Whether GST will be applicable on franchise fees received by company yearly or it will be exempt as our main service of pathology lab is exempt?
2. Whether franchisee will charge GST on amount paid to them or it will be exempt as our main service is exempt?

RESPECTED SIR,
A CA FIRM CONDUCTED THE CONCURRENT AUDIT OF NATIONALIZED BANK . THE AMOUNT OF AUDIT FEES IS RS. 15000 P.M AND REIMBURSEMENT OF EXPENSES IS RS 3000.00 P.M
ON WHICH AMOUNT GST WILL BE CHARGED IN TAX INVOICE BY THE C.A FIRM IN THE TAX INVOICE?
WITH REGARDS
PLEASE GUIDE ME

Please define JSON file which is nowadays being used for uploading GSTR-1. I would like to know the significance of the JSON file.

Dear Sir
I have created JSON file but how to upload this JSON file on GST portal. Please guide me and oblige.

Dear sir,

i have a small business and i want to take home loan approx 6 lakh. but i dont file income tax return .

is there any manadatory condition of 6 months gap for filing of income tax return.

please guide me .



frm
Hemant kumar

we have paid motor car vehicle insurance.

can we get credit on four wheeler car insurance charges

please advise me whether i have to deduct tds on printing material from vendor, as we are in advertising business
if yes then which tds rate is applicable ?