As per recent amendment of increasing the threshold to Rs. 1.5Cr I would like to know few things:
1. I am a dealer selling medicines so if I opt for Composition scheme then can the manufacturer from whom I purchase charge Gst in the bill and can I charge GST to my sales invoice?
2. Manufacturers have to pay 1% tax on turnover so it is the same for me too if I opt for Composition Scheme? 1% tax on average turnover every quarter.
3. I wont get Input tax credit and no inter state supplies but other than that is there any benefit? Because in this I have to pay tax quarterly and I think monthly GST returns which I anyways pay for regular GST returns and tax payments.
Please help me.
Currently I am registered under normal Switch over from VAT and not Composition scheme so I want to know whether COmposition is better option or not.

Respected sir,
I have submitted articleship registration form with icai for registeration of my articleship but till now I have not received any confirmation or informative mail regarding this.
Please send me an idea what to do now.

Dear Sir  Mere Articleship me transfer liya h aur Mera Reregistration bhi confirm hogya h  me Ab Frr Se transfer Lena Chata haha me phle Tha kya esa possible hoskta h  plz reply my query

if I have cleared CS executive module 2 in this DEC 2017 them am I eligible for CS professional final exams in coming June 2018? if no what is time gap bw these two exams? pls need help

if we have closing stock as on 30.06.17 and having not Vat excess or VAT nil then shall we in Trans 1

Today In CA IPCC Advanced Accounting Exam, I did a mistake, that is question answered in front page, I have written incorrect i.e I answered question no.2 and not Question no.3 but in front page where tick is to be made for Question answered by mistake I have ticked Question no.3 instead Question no.2.!! Will the marks be given for Question no.2😓..??

hello all,
A private company having 5 directors. say "A" and his son "B" and "D" and his sons "E" and "F". A and D are bothers and both of them holding 50%-50% shares of the company. now the dispute arises between the two families say A and B (father and son) on one side and other family D, E and F( father and 2 sons) are on other side. My queries are as follows :-
1. Mr. A wants to add his wife say "G" as director of the company which will result in 3-3 directors of both the families in the company, but D,E and F are opposing for the same. now what should be done in this situation and whether sign of all the directors needed in resolution for adding a director????

2. Presently either of A, D or E is the authorised signatory in the bank. now D and his family wants to change the authorised signatories as :- A and either of D and E.........my question is that whether sign of all the directors needed in resolution for change in authorised signatories???

Please remember that A and D are only shareholders of the company with 50-50% share holding.

Waiting for reply

thanks in advance

As per offline mode return format I understand that GSTR-4 requires filling of b2b purchase invoices. But previously as per rules it was mentioned that all b2b invoices will be auto populated based on return filling by normal taxpayer. My question to expert, is it true whether I have to file all invoices manually?

due date is 20 Nov for every one...??

Dear all,

Please help me with what is the effective date on rates changed by GST council on 22nd meeting held on 6th oct 2017. We are manufacturers of Khakhra so it is important for us to know the effective date.

Regards,
Anand
+91 7741889888