Dear Experts
Chartered Accountant is not registered in GST as per the GST Act.My query is:-
Applicability of RCM
1.He charges Audit fees : (a) RS.6000/- (b) Rs.4500/-
Please give your expert opinion.
Regards

HI,

we(PVT LTD CO) wanted get registered for EPF only. someone as said that to getting EPF code we need to apply first ESIC code . Is it reai or we can apply for EPF with out ESIC Code.

what is the procedure and docuements required for getting EPF no and what is the salary limit for that.

Dear Experts,
We are proprietary concern firm in FY our turnover is 22 Lacs However NP is below 8% also the income is not chargeable to tax i.e. below 2.5 Lacs,
Pls let me whether tax audit will be applicable or not

Thanks
Rohit

Dear Sir

I have paid my advance tax Rs .12000/-
Now please suggest how to make entry in tally

I have done advance tax Debite and bank Credit

Now guide for next

Sir/ Madam,

We have customer in Bhutan / Nepal & we have to bill in INR, we are confused that we need to charge IGST, but as per GST act we have “zero rated supplies” where in we can declare the sale value under this categories, since this is export services.

Please Suggest

Thanks in advance,

Dear Sir/Madam

In an accounting system, Damaged goods/ promo goods/ personal use( Company ) goods are shown as separate accounts.

An automated entry in the system is coming as follows :
Damaged / Promo/Personal Use Goods A/c Dr 100
To Inventory Account A/c Cr 100

Due to this, in Cost of sales there is difference of the 100.


Can you guys please explain , how to treat damaged goods/promo goods ?


Any further clarification , please comment

Dear Sir / Madam,

One of our Customer has raised DEBIT NOTE for part consignment of Goods returned by them on 12th September 2017.
This consignment was sold to them in August 2017 i.e. Under GST Rules.

Please advise if DEBIT NOTE / CREDIT NOTE is acceptable under GST Rules in case of Goods Returned
Or Sales Invoice is to be issued ?

Secondly What if Material sold before 01.07.2017 is Returned now ?

Thanks & Regards,
Rachana

Where should I enter RCM on freight in GSTR 3B?
How to make payment and get the input credit for the same?

I have ITC of CGST Rs. 5039.5 and same amt. of SGST. Also I have to pay on RCM CGST Rs. 10790.5 and same amt. of SGST. Liability on outward supply is CGST Rs. 68061 and same amt. as SGST. Please let me know how much total amt. I have to pay as CGST and SGST.

The assessee has sold a shop in F.Y. 17-18 for which he has purchase deed of the year 1999. We have not taken valuation for the same.
The assessee is ready to invest maximum amount in 54EC bonds.
Is it mandatory to take valuation and obtain fair market value?
or can we show capital gain on the basis of purchase cost?