Sir/Mam,

RCM sgst and cgst can adjust our ITC sgst and cgst , if adjust where it should be adjust please clarify these doubts

Thanking you

Respected Experts

I have one query on urgent basis, my new client not get his accounts audited in asstt yr 2016-17 having turnover of Rs. 5 cr. and not file his ITR and in 2017-18 his turnover is Rs. 7 cr. For asstt yr 2017-18, we can do it till 7th Nov but for 2016-17, I need your valuable and expert opinion, what should be done in this case.

Thanks you all

Query :

A Director of a small pvt company introduced a machinery amounting to 10 lacs where the net worth of the company is not more than 3 lacs. whether special resolution for increase in borrowing power should passed in the agm?

Dear All,

Whether filing of GSTR 3B is Compulsory on month basis to the person filing quaterly GSTR 1 return from oct-17 onwards

Sir, when I was filing my GSTR 2 return then in Import of Goods column I have entered amount in Taxable amount and IGST but forget to enter amount in ITC available then I was not getting input of that bill so what is the solution now....

A person proposes to gift to his daughter in law to the tune of Rs 1,00,000/-. Request advise on the tax implication if:
1. The gift is used by the daughter in law for payment of an existing housing loan
2. The amount gifted is invested by the daughter in law in Fixed Deposit/ Bonds etc.

An Arbitrator fixed his fee on consolidated basis irrespective of number of appearances. However, appearances due to certain reasons have increased to the extent that further proceedings are not viable for the Arbitrator. Can the Arbitrator re-fix his fee in between before the Award.

I have deposited a sum of Rupees 3 lakhs at private financing company 2010,which is registered under the norms and conditions of Reserve Bank. The same was released on 2013, at that time i have no pancard. Now after
4 years back they are demanding me the pancard number for the above released fixed amount. At present I am
having pancard properly. If i give the pan number to the finance company, any obligation i have face. Kindly necessary instruction may please be given as early as possible

is any chance to file gstr1 for July month now

We have received bill from vendor. It includes handling and transportation expenses. Vendor is registered under GST. GST is levied on Handling. And there is note in regards to RCM on transportation that it is payable at recipient. This purchase bill is not saved in our software and shows message "RCM and GST can not be booked simultaneously in the same/single purchase"
Our software developer says, "it is correct message and the bill needs to be booked twice i.e.1st for ITC for GST & 2nd for RCM.
This method is making our work double as same bill has to be booked for two times.
Is this correct message ? Please advise.