CGST Liability is Rs 100

Available ITC balance with SGST is Rs 200

Can we pay CGST liability by SGST ?

IGST Payable Balance is Rs 100

ITC available with SGST is Rs 200

Can we pay the IGST liability by the SGST ?

sir, i am a registered dealer, dealing in purchase of scrap (paper, plastic, metal etc...) from unregistered dealers, do i have to pay reverse charge/tax on purchase of scrap from unregistered persons or, i fall under marginal scheme as i purchase old goods and sell them without changing its nature....

Read more at: https://www.caclubindia.com/experts/reverse-charge-on-scrap-purchase-2573469.asp

i having a factory and outside on road a shop with same place and same name of trade name under sole proprietorship business. shop and factory having same gstin. factory and shop sells goods with computerized billing .after that we wants bill of shop sales with a etc. manual bill book can it really possible and what is procedure under GST concern ?

If a person have income from other sources (commission, brokerage etc but its not his business) but dont have income from salaries and income is less than 10lakhs , can he file his return in ITR-1? I have this doubt because ITR-1 does not ask different sources for income from other sources, but only total amount and i have different sources of commission and brokerage. so, i wanted to ask if i could file it in ITR-1?

Hi, When we book the air ticket for our company, we get invoice with GST. Invoice will have both the parties GSTIN.
Question 1 is apart from the GST mentioned in the invoice, do we need to calculate anything extra as RCM basis.
Question 1. GST already mentioned in the invoice, can we claims Input GST.
Can you please advise.

What is Special Purpose Vehicle (SPV) (please explain by an example) and is it possible that a SPV in India is having a wholly owned subsidiary outside india?

Dear Sir

Could you tell me

What is internal and external Audit

HI FRIENDS,

i have partership firm whose turnover is less than 1cr in A.Y 2016-17 and same business have given the remunation to the partner which is allowed as deduction under the Section 44 AD so i had selected the option of 44AD and filed income tax return,claim Loss but i have received the notice from the IT Department which says that you have claim Loss and you have not get the audit under 44AB.i have given the online respones but no action taken by them and same notice send us furthur

Please Resolve the Query

Dear sir,
We have Following inputs of GST :-
CGST 744
SGST 744

And output liability is :-
CGST 442
SGST 442
IGST 517

So adjustment as per me is :-
Input CGST 744
Less output CGST 442
Balance CGST left 302

Same treatment will be done even in SGST Hence balance SGST will also be left 302,

Now output IGST 517
Less output CGST 302
Less output SGST 215

Therefore CGST ITC become Nil and SGST ITC 87 shall be C/F,

Pls let me know whether above computation is correct if not pls do the correct computation & let me know the same?

Thanks In Advance
Rajeev Kumar