I have no input credit of vat on 30 the June.but C form liability will come at the time of submission of trans 1 form. my question is C form liability to be paid before submitting the form Trans1 on GSTIN portal or I have to pay at the time of vat assessment .
Sir, I am not registered under Vat or service tax and my turnover in previous year 16-17 was 45lakh but from 1st April 2017 to 30june2017 is 10lakh then can I wait for gst registration until it goes to 20lakh and continue my billing with older format?
Sir I am a wholesale cloth merchant. Before GST textile was exempted from duties. Now I am am having old stock (pre-GST purchase) and I am selling it after adding GST to it. Now when I will be uploading it on GST portal how will ITC be calculated since purchase invoices for the same will not be available on the portal? Also should I fil the GST TRANS-2 form? When it will be available on GST portal?
Thanks
If I am working as a commission agent, I am buying service for our client & selling with margin, then I have to pay GST @ 18% of my margin or not. If I am getting commission after deduction of TDS @ 5% also from our Supplier for this, then should I liable to pay GST on commission also or not?
maine gst mein migrate kiya tha or dsc nahi lage abh mai gst compostion scheme lene ke liye apply kr raha tha or portal pr koi option nahi dikha raha n status bhi migrate dikha raha hai now how to opt compostion scheme thnx in advance
We were earlier providing services undeMall Decorration and consultancy .
Earlier this service was falling under business auxiliary services, so I want to reconfirm what sac is changed in GST .
we are issuing our invoices in GST mentioned sac as 00440225, but our customers is raised questions now in GST
sac code is changed and new code is begging with 98;series .
1) At time of migration we have used 00440225. Now are we free to use any code.
2) Does it required amendement in registration
Dear All,
I would like to know whether GST is applicable to person having business of Xerox printing.
Also under what HSN code the person needs to be get registered ?
Thank you
Hello guys My friend couldn't clear CA CPT by 25 marks He asked me whether Interviewers at big 4 or any accounting firm ask our CPT attempts or will our job opportunities be affected.I really don't know what I should answer to his questionSo I thought its better to ask in this platform.
I work in small pvt sch & get 1 lakh in a year which I get through bank transfer as salary. I am not having any income statement or epf or any other deductions. My mother is a pensioners in bank account and income is low (non taxable) & so does not file return (she does not have pan even). She also contributes in family expenses, money is transferred in my account, which I withdraw if needed or it remains deposited & earns interest. It is very low though, say 1 lakh in a year & interest in s/b on accumulated amount (over 4-5 years) is 15k in current year. I have separate FDs (accumulated over several years) is 50k & tds (since I did not deposit 15G/H in time) is 5k. All my & my mother income, even combined including interests, is less (almost exempt). I have to file itr-1 to get the bank tds refunded. Please help me on following: 1. Will I show 1 lakh in salary income. In this case, can I leave 80c empty even though it may be a little amount. 2. Will I show other source income as 1 lakh (received in my a/c from my mother's pension a/c) + 15k (s/b intt) + 50k (fd intt) & show 10k in 80tta. 3. This makes the correct refund amount, but is it correct technically.
if i am an importer registered under gst Rajasthan. my goods released from custom department Delhi. import qty 25000 kgs. i want to sale 15000 kgs goods to kolkata buyer. loading from delhi. banance 8000 kgs want to carry at my business premises at Rajasthan. what is the process to carry balance goods from Delhi to Rajastha. transporter ask gst invoice of 8000 kgs. but my container weight is 25000 kgs. i am only registered under gst rajasthan. pls explain how can i received my goods through transport.
trans1 form of gst input credit