If event occur in the financial year 16-17 ( date 06.12.16 ), but party send the bill

in May 2017 ( Bill date appear 06.12.16 ) The contractors bill is applicable for TDS.
The said bill is accounted in Sept.2017.

Can we are liable to interest for late deduction & late payment.

Thanking You

Regards
Rajkumar Gutti

As you are kindly aware there is much time consuming activities by Accounts staff by staff was in making the Petty cash entries for every expenses in Tally debiting a party name and passing Purchase entries for every voucher. In this regard since the entries are getting delayed, I have prepared the date wise and summary entry for the whole month and based on the summary entries made a petty cash entry and also 4,5 Purchase entries for the GST related expenses. Kindly let me know the advantages and disadvantages in preparing consolidated petty cash statement for a whole month and accounting it on the last day of every month.

sir i am an unregistered manufacturer and dealer of kurti. my business turnover is lesser than 20 lakh rupees.even i was not registered under sales tax or excise as well due to non eligibilty(turnover limit was not crossed).i live in rajasthan.and now i am thinking to purchase my raw material from gujrat.i want to ask you whether i am required to register under gst or not..if liable to register what is the procedure for that

Previous ca of company neither cooperating nor resigning himself and we being a private limited company near to agm.Now we want to appoint another ca and new ca send him NOC but previous ca replied in a manner that he would not resign.

Now what we can do??

Kindly post your expert reply at the earliest

thanks

I wrongly took input credit under CGST and IGST for the month of July and have to adjust the liability from the same inspite of having excess input IGST. If I correctly file GSTR-2 for the month of July, will my electronic credit ledger will get corrected?

I have cleared my both groups of ipcc on 1 aug 17 and i m from agra
Is it feasible to wait for getting articleship in big 4 or i should join a small firm of agra
Also answer when does the big 4 have their vacancies open and close

Whether following transaction is to be treated as interstate transaction
If " A" in maharashtra is providing ony installation service to "B" of tamil nadu.
Goods were purchasd by B of tamil nadu from " C" of tamil nadu.
Invoice raised by " A" of maharashtra to "B" of tamil nadu for installation charges only. No goods are provided to B from A.
What is the place of supply in such case for transaction between A and B.

A retail trader who is dealing in cloth business and has registered under GST composition scheme. On 1st july he holds stock of 1 lakh which was purchased from registered dealer . As no tax was paid on existing stock . Trader was not registered under vat . Which return he has to file for GST compliance?? whether any tax liability arises?? plz clarify me

Definition of educational institution is

"institutions providing services by way of:
Pre-school education and education up to higher secondary school or equivalent;
Education as a part of a curriculum for obtaining a qualification recognized by any law for the time being in force;
Education as a part of an approved vocational education course;"

As the word "and" is used in between "Pre-school education and education up to higher secondary school or equivalent" whether an institution providing only primary education (without higher secondary) is also covered under the definition.

Sir,
Definition of educational institution as per GST notification is

"Educational institution will mean institutions providing services by way of:
Pre-school education and education up to higher secondary school or equivalent;
Education as a part of a curriculum for obtaining a qualification recognized by any law for the time being in force;
Education as a part of an approved vocational education course;"

As the definition used the words and in between "Pre-school education and education up to higher secondary school or equivalent" whether it is applicable for the institutions providing pre school education only( without providing higher secondary)

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