Dear Experts if a person A in Punjab sold goods in Haryana then which of the following gst is to be charged
CGST & IGST Or only IGST
I am ayurvedic medicine trader n i have inter state purchase n paid entry tax i know that input credi not available on both So is i can take 60% itc on gst for closing stock ........
As there was no tax on cloth, with implimentation of gst it will be taxed @ 5% . So what is the treatment of stock in hand on 1st july? whether input credit avaliable on full amount ??
If service received before appointed date of GST and payment will be made after appointed date of GST. Will GST leviable on such payment?
If service received before appointed date of GST but payment will be made after appointed date of GST. Will GST leviable on such transaction?
The Definition of Aggregate Turnover under section 2(6) of the Act provides that all "TAXABLE SUPPLIES" along with exempted and other supplies, except supplies on which tax is to be paid on reverse charge basis, shall be considered for the calculation of the limit of Rs. 20 lakhs.
Does "TAXABLE SUPPLIES" only include Outward supplies, or it may be either outward as well as inward supplies, as the term supply is not defined in the GST law. Also, Taxable supply includes any supply on which tax is chargeable, so does the definition of Aggregate Turnover cover inward supplies also??
I m purchasing milk from doodh sangh and sell to customers.....milk is zero rated supply.....i m purchasing and selling only milk and my turnover is above 1 crore.....shud i file return under gst?......
If there is a joint account of fixed deposit, in the name of husband and wife.
As per Income tax , in whose Income Tax File i.e. husband or wife ,
the above Fixed Deposit require to show.
Sir, I am an accountant doing account jobs of many clients in Tally 7.2 since long and I also submit VAT returns of many clients monthly. Now, as the GST will be applicable from st July,2017, I will have to change from tally 7.2 to other accounting software which can fulfill my accounting jobs as well as GST requirements. Can anybody guide me as which software I should buy now ?
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Regarding interstate sales