Say, when we buy from unregistered dealer, we need to entry for both input and output gst like Purchase AC Dr rs 10000 Input Gst rs 100 to Output Gst. rs 100 to creditor rs 10000 then I need to pay rs 100 to govt (say we are not sale the good) and take input credit for rs 100 but my above journal net payable is 0. what is the entry need to create for that??

Respected Members, If a registered vat dealer having a closing taxable stock of 13.125% as on 30-6-2017 under vat act, wants to opt for composition scheme u/s 10 of Cgst, but he is not having any input credit carried forward as on 30-6-2017.So,in this case, how will this stock  be treated ?

hello everyone
I am a ca final student.My attempt is in Nov 2017 for ca final
I want to continue under ca final existing course.
What form is to be filled? and what other formalities are to be completed???
Please reply ASAP as last date is 30 june.
Its urgent
Thanks in advance

I have just completed my 12th in commerce with 82%. I have joined for CA-CPT. Now i am planning to join CMA FOUNDATION. Does CMA with CA is a good option ? Will i gain any advantage for being a CMA ?

As per section 9(4) in case of any taxable supply by registered person from unregistered person,GST on the same shall be paid by recipient i.e registered person.Also it has been decided that Rs 5000/- per day exemption will be given in respect of supplies made from unregistered person.for supplies above this amount,a monthly consolidated bill can be raised.Now does this mean if my per day supply from unreg dealer is say 4500/- then i need not pay any GST on the same under RCM? Request you to please thrown some light on this modality.

Can we maintain different invoices series For Goods and services..?

Sir i am unregistered trader from rajasthan can i buy goods from otherstate and wat type of sale bill i required

What r the Hsn codes for textile products?.......dhoti,grey,suiting,shirting etc......(needing at the time of registration)....

We are selling Dry red Chillies to one party who are exporting to the other country ,they are Issuing Form H and suport exporting docs to us.

Now in this case GST is applicable or not and Form H is continous are any changes is happend.

Thanking you

-Ramu

Is speculation share trading eligible for presumptive taxation under 44AD??