Hi,

I am a transport commission agent. I arrange vehicles from sub brokers or lorry owners attached to me and supply the vehicles to transporters (GTA).

The transporter pays me the freight agreed. I inturn make the payment to sub broker or lorry owner against a cut or commission.

Let's say I hired a vehicle for 25000/- from a sub broker / lorry owner and supply to a GTA for 27000/-. The transporter pays me and I pay the sub broker / Lorry owner.

So I earn 2000/- which is my commission income.My query is will the 27000/- amount be considered my turnover or not and whether he is liable to pay GST or not if he registered under GST

Please reply ASAP.

Can any other state's gst tax be deposited in any other state by cash in bank?

Dear Experts,

can the resignation of the staututary audior at the AGM is regarded as a casual vacancy? can a company need to file MGT 14 for the same?

Facts :
1) I have filed return for FY 2015-16 under 44AD.
2) In FY 2016-17, I am having capital gain on shares or say any capital property.

Query :
1) Now under ITR-4 for FY 2016-17, there is no space/field for showing capital gain.
So how & where I can show capital gain??

2) By not filing return under ITR -4 (earlier 4S), do I violated the provision of 44AD...?

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E.G. A firm is involved in sales of FMCG goods, as well as in providing sales consultancy services. Some expenses will be made for consultancy business like rent, electicity, computers' etc., and some expenses will be made for the sales business like purchase of goods., can the firm claim ITC on both?

Secondly, some expenses are made in cash where we get a Cash bill with GST added. Like eating in a restaurant. How to claim ITC on such expenses? The biller in such cases do not know our GSTIN, and might not have updated it in his billing software. Is there a procedure for such credits?

Thirdly, Can an educated layman, like me file his own GST returns? Or do we essentially need to hire a GST practitioner?