Abhijith Parre
28 August 2017 at 12:21

Gst on open plots

Hi All

I am planning to purchase a plot in Hyderabad and when i have called the builder he was saying that the registration charge is 6% and GST is 12% on top of it.

Say if i purchase a 110 sq yr for 5000/-yd. It accounts to 550000 so what would be total charge after 6% and 12% GST.

I am bit confused as i have heard that there is no GST on open plots.


Megha Masta

Dear Expert,
Please give your advice on this query.

If company pays off flight and hotel bill charges on behalf of employee for official journey, On which company also pays off GST. Can company claim such GST.



Anonymous
28 August 2017 at 10:52

Rent

Dear Sir,
My director is personally using a rented house. Our company is paying the rent fro the said rented house and it is more than 20 Lakhs in a year. My question is should we pay GST in RCM basic as the owner is individual and he is unregistered in GST regime.


Ani Wadhwani
28 August 2017 at 10:33

Invoice under reverse charge

Hello Every one,
I'm having confusion regarding When to issue Invoices from Purchase from URD? , Should invoice be made after the thrashold limit of 5000/- reached in single day or from purchase of singe 1 Rupee from URDs?



Anonymous
28 August 2017 at 09:41

By mistake i adopt composition scheme

I HAVE ELIGIBLE OPTIONALLY FOR SERVICE TAX TAXPAYER (REPAIRING WORKS), MY COLLECTION NOT ABOVE 9 LAKH ,
BUT HAVE MADE CHAIN OF MISTAKE.
01. I HAVE REGISTERED IN RAJASTHAN VAT (composition), AND IN GST PORTAL I HAVE REGISTERED AS COMPOSITION. IN JULY I ISSUED BILLS AS COMPOSITION & AUGUST BILLS AS GST NORMAL DEALER. WHAT CAN DO?

PLEASE URGENT REPLY?


Rohit
28 August 2017 at 08:55

Tds on property (26qb) query?

The sale consideration (Rs. 70 Lac) is paid in 2 months as below:
1. July: 4 installments of Rs. 20 Lac, Rs. 15 Lac, Rs. 4 Lac & Rs. 21 Lac (on different dates),
2. August: Last installment of Rs. 10,00,000.

Question:
For the month of July, will a single 26QB be sufficient? Or will I need to file 4 separate 26QBs?



Anonymous

Sir I am the prop.of my firms situated in Kolkata and Dhanbad.I have applied my Kolkata firm under composite scheme.And my Dhanbad firm under regular scheme.I have different GST no.for both the firms .So it's possible to carry out my business under both the schemes in different state with one pan number.And if not what's the provision becoz I already have one of my firm in Kolkata under composite scheme please guide me over it.



chandan pal

ABC Co Ltd purchase Sand from UnRegister dealer and paid Rs.100 under RCM act. How to adjusted Rs.100 Input Tax credit against next month output tax. Next month output tax Rs.100/- Can we pay against our current liability.How to adjusted unregister itc of gst return. Please clear proper example.


sharda bishwakarma
27 August 2017 at 21:29

investment

please explain whay right issue credit in investment account. it shoud be debit.





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