i want to know that one of my friend take over one hard ware store of partner ship constitution but know he will run his business with different name and constitution ( proprietor ) so he need to registration in GST because he had not and other proof except his PAN and Gumasta Dhar licenses

please help what should he will do ?

regards
ishan

I am a consulting professional. I have received reimbursements from my clients of Rs. 2 lacs and my billing is of Rs. 8 Lacs. Can I go for Presumptive Taxation under Section 44ADA ? If I opt for presumptive taxation on what amount 50% profit will be calculated Rs. 8 Lacs or Rs. 10 Lacs.

Dear Sir,

we have pay the business expenses Rs.25,000/- per month we deduct TDS @10% after pay the amount . this is case RCM (GST ) applicable or not please clarify that.,,,

I need clarification regarding utilisation of Excise duty against service tax.

Case 1) A company buy electrical equipments, they pay excise duty on purchase of goods. They bill separately for installation of equipment and charge service tax. Can they adjust this excise duty against service tax payable?

Case 2) Same company also provide other maintenance services, on which they charge service tax. Can they adjust above excise duty against these services. Since service part in case is less, they cannot adjust more excise duty against case 1 service tax. Can they use excess excise duty unutilised against case 2?

Please clarify.

dear sir/madam, A registered dealer paying Shop rent of Rs.15000 per month to unregistered person, is this applicable for RCM.

Dear Experts,

We are registered under GST. Goods sold on 20.06.17 to URD but returned on 02.07.17 shall GST will be applicable?

If applicable we have to direct debit GST or pay under RCM?

Dear Experts,
one company was not made its balance sheet of march 2016 and now auditor has resign in march 2017.
Can new auditor sign balance sheet of march 2016 on April 2017.

Is delay in getting audit, will attract any penalty.

I'm having business of hotel for the supply of food only. We need to register for composition or normal ones. Can we collect tax from customers if we opt for composition scheme.our turnover is above 20 lakhs.

SIR
I AM DOCTOR(HEART SPECIALIST) ANNUAL INCOME 19 LACS
AND I HAVE ANNUAL RENTAL INCOME OF RS 10 LAC.
SHOULD I HAVE TO REGISTER FOR GST IF YES THEN UNDER WHAT GST CODE
IS MY SERVICES EXEMPTED OR NOT ?

An individual has taken home loan for acquisition and construction of house on 15.5.2016. The construction of House is completed in the year 2016-17 itself. So whether there will be any pre-construction interest or not ??