in preparing cash flow statement though indirect method information given
receipt of govt grant 12 lakhs depreciation provided 20 lakhs
net increase in working capital 1500 lakhs excluding changes in cash and cash equivalents
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering this new adjustment made by me
we have to deduct such 7 lakhs from net increase in working capital 1500 lakhs and we have to deduct working capital increase of 1493 lakhs from operating profit we found to arrive cash flows from operating activities
i want to know the reason?

Dear Experts.
We are paying Rent Rs. 10000 PM of office. Pls clarify do we need pay 18% GST under RCM.

Also let me know will I have to issue any invoice for the same

Thanks
Raj kumar

Hi one of our deals in sales of goods through eCommerce operator(Amazon,Filpkart) but while filing i'm facing problem with gstr1 regarding where to enter the details of sales effected through eCommerce operator in b2sc it is not showing only sales through Other than E commerce operator what to do now?


THNX in Advance

If courier agency does not charge GST (as per GST law exemption of 20 lac ) whether the registered service receiver who received the courier service as an end user liable to pay GST under RCM or not?

This is the first time I am file the ITR. My status is NRI, However I have received a US-143(1) notification about the mismatching of tax credit, then I realized that I have selected the wrong assessment year while filing through online submit ion. Actually I do not had to file for assessment year 2016-17 which had done by mistake after the close date (20-07-2017) sometime I have to get refund for assessment year 2017-2018 for which I had filled everything but picked wrong year. Could anyone advise me how to close this issue and get refund for assessment year 2017-18.-18.

Service was received in the month of July,bill was received in September. Bill included GST and TDS was also liable to be deducted. Should i book this in the month of July or September. GST Return for the month of July has already been filed.

expenses on internet connection.what is the sutable accounting head for it

When i click offset liability after filling payment of tax column in GSTR 3B ,I'm getting an error msg "CGST payment should be equal to outstanding liabilities"....How to solve this.??
Here are my values....

Tax payable: CGST: 47620 SGST: 47620
Paid through ITC: CGST: 45076 SGST: 45076
TAX paid in cash: CGST: 2544 SGST: 2544

Dear Experts,

We supply Green House produce i.e., Tomatoes, Capsicum and other Herbs by having packed with our company sticker to Big Hotels and other reputed Organizations. We have nearly 1 Crore of Turnover. We have applied for Trademark of our Brand under class 31 ,but that was objected. I have heard that Agricultural produce if it is packed and having registered trade mark then 5% GST is payable.

Please clarify my doubt as earlier as possible.

Catering, including any mid-day meals scheme sponsored by the Central government, state government or union territory, to an educational institution providing education up to higher secondary school or equivalent, are also exempt.
Some of the input services like transport, canteen etc provided by private players to educational institutions were subject to service tax in pre-GST era and the same is continued in GST regime.

It means Catering Services or Housekeeping Services or Security Services etc., provided by the Private Players to educational institute has exemption i.e Private Players should not charge GST on such services ? if yes, Private Players has to bear GST or they can file that value of service under exemption services while rising invoice ?Please Clarify in which notification it given?
Thanking you