I AM AN IATA AGENT WHO IS PROVIDING AIR TRAVEL AGENT SERVICES TO OUR DOWNLINE AGENTS. ON WHICH AMOUNT DO WE HAVE TO TAKE GST, WHETHER IT IS 18% OF 5% OF BASIC FARE OR DIRECTLY 18% OF COMMISSION THAT WE ARE GIVING TO OUR AGENTS.
FOR eg. BASIC FARE RS. 5000 + TAXES RS. 1000 = RS. 6000, COMMISSION GIVEN RS. 200
CALCULATION OF GST:
5000*5%*18%=45
OR
200*18%=36
KINDLY SUGGEST WHICH PROCEDURE TO FOLLOW ?

As we are getting our ready made garments after processing from our Tirupur factory. This processing is done by outsourcing and they are charging GST on their labour bill.
As we regularly deducting TDS from them. Please give clarification whether we have to deduct TDS from the amount including GST value or the amount before GST
Please advise

a courier agency is shipping our goods. they issued receipt and docket. their and our GST no. is written on docket. they received rs 9000, but did not charge GST separately . . are we liable to pay GST. or we can consider 9000 rs. included GST

If an Individual is earning commission on banking services he provides as he is a business correspondent of bank of india .He makes transaction to and from bank customers in which all amounts redirects from his own overdraft account and counts to his transaction turnover and his income commission is only 20000-30000 on that turnover per month and total transaction turnover is around 3500000 per month. Then what should be filled in ITR 4S gross reciepts column because he wants to opt for presumptive taxation scheme.

We are running trading business. we have more than 10 crore of yearly turnover. We just got Email from income tax department of India to tell about Cash deposits during 09/11/2016 to 31/12/2016. What we have to reply Is it for TOTAL cash deposits (including Demonetized and Running Bank currencies) or just Full detail for demonetized (ie 500 and 1000) only.

Invoice has to be issued in case of "Purchase from unregistered dealer" only ? or in all cases of RCM ?

1. If a registered person under GST purchases goods from a composition dealer
- Whether it will be treated as purchase from regd. person or unregd. person.
- will he be liable under RCM
- will he get ITC of the tax paid by the Composition dealer while making purchase.

Hello expert,
my query is can loss of PYs be setoff against CY profit if CYs return filed belatedly.

awaiting your reply,
Thank you.

Dear Sir,

Can we claim GST Credit on office expenses like Telephone bill, software renewal charges and such other expenses ? if yes what should be the accounting entry in our books ?

Regards,
Sachin

My mother is a PSU Employee and she is recieving a family pension of Rs. 1037 p.m. (12144/annum). Family pension is taxable under income from other sources. However a deduction of 1/3 of pension or 15000 whichever is lower is allowed. So in this case how to file itr as here the pension itself is lower than 15000?