alpesh
22 August 2017 at 08:59

Gst paid on expense

dear sir please give me list of expenses on which gst to be paid.whather credit is allowed.


Ikesh Pal Singh

I live in Punjab, Mohali, my brother is in Delhi, we jointly own commercial property in Chandigarh. I also have commercial property in Delhi. Net rent from all properties of both brothers is less than 20 Lacs collectively. Do we come under GST?



Anonymous

A dealer dealing with taxable goods as well as nil tax rated supplies has to pay tax of 1% under composition scheme on total turnover (turnover of taxable and nil rated supplies) or only on turnover of taxable goods.


Navin I
22 August 2017 at 06:01

GST FOR JUNE 2017

I had started an education e-commerce firm in June 2017 had about 1.5 lak sales in that month. But I didn't have a VAT TIN number then. Later on July 13th I Was allotted GSTIN number. Now how do I file returns for the month of June? Can I use TRAN 1 form for the same?


ketan suthar

in p'ship firm t/o is 50lakhs for f.y.2016-17 & as per amended provision if we will go for 44AD option than in such case partner's interest and remuneration is not allowed as deduction so... can we go for regular books of a/c (no audit case) and claim deduction of partner's remuneration & interest..
E.g. :- turnover = 50,00,000
minimum profit req to be shown = 4,00,000 (I.e 50,00,000 * 8% ) but we will take as Rs.7,00,000/-
therefore, profit before interest and remuneration = 7,00,0000
interest to partners = 3,00,000
remuneration of partner = 3,30,000
net taxable profit = 70,000
Now as per amended provision what is my taxable profit in regular books of a/c (no audit case) Rs.7,00,000 or Rs.70,000 ?


CA Amit
22 August 2017 at 00:41

gift deed

I want to transfer 50% interest in my flat in the CHS to my son. what is the procedure for gift deed


Tara Jain
22 August 2017 at 00:38

Hiring/renting of transport vehicle

If a truck owner gives it on rent to GTA for transportation of goods. What will be the position under GST.
1. Whether it will be treated as supply of service of transfer of right to use goods and GST rate applicable to vehicle will be applicable rate or
2. Whether it will be covered under notification 12/2017 and 9/2017 both dt. 28.06.2017 SAC code 9966 and will be exempt from GST.
(Services by way of giving on hire the following is exempt from GST:
To a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or
To a goods transport agency, a means of transportation of goods;)



Anonymous
22 August 2017 at 00:07

Cc/od interest

While calculating net operating income for calculating dscr,
*interest on debts is added back why?
However cc/OD interest is not added? Why

Kindly explain



Anonymous
22 August 2017 at 00:02

Fca

I have completed my ca in 2012, can I apply for FCA?


Sagar Mistry
21 August 2017 at 23:04

OPTING OUT OF COMPOSITION SCHEME

during migration process wrongly opted for composition scheme how can i opt out of it as i am charging tax invoice kindly sugest.....





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