Can we take credit of IGST amount paid to custom department on goods imported through "Courier bill of Entry XIV for home consumption"? it is imported for resale business purpose only.

We deliver goods from our suppliers godown to our client ex delivery from our suppliers godown. Our client gives us vehicle no and on that basis I and my supplier prepares e-way bill. If my client gives wrong vehicle no then who will suffer for this? One of my client gave two times wrong vehicle no and on my clients information e-way bill and invoices was prepared. What will be our liabilities?

It is not possible for me and my supplier to go and check the vehicle physically since goods are loaded by buyer by own labours .we prepare e-way bill and invoices and enter vehicle no on basis of our buyers information.please clarify?

DEAR SIR,

ONE OF MY CLIENT DOING VIDEO AND PHOTOGRAPHY BUSINESS ITS HIS FULL TIME BUSINESS WORK AND ALSO HE PURCHASED 16 WHEEL TRUCK BY BANK LOAN.

HE RECEIVED RENT FROM THROUGH BANK ACCOUNT SO CAN I CONSIDER THIS INCOME AS FROM OTHER SOURCE OR BUSINESS INCOME IF OTHER SOURCES CAN WE DEDUCT EXPENSES LIKE DEPRECIATION, DRIVER SALARY, DIESEL EXPENSES, TOLL, PARKING EXPENSES, VEHICLE MAINTANANCE. WHERE TO DISCLOSE THIS EXPENSES IN WHILE FILING ITR.

WAITING FOR YOUR GUIDENCE

THANK YOU

Sir,

We have received a order for Roll griding Jobwork. Actually we are mfrs of MS Pipes. We would like to know what SAC code we should use while prepairing the invoice. We hope the applicable GST will be 12%

Please Advise.

Thanks in Advance.

Regards

income is 8% and no interest is claimed only elgible salary/remuneration to working partners claimed, in this case can we file ITR without tax audit

what would be the journal entry of short income tax refund received for FY 2022-23.
Please rely with example.

We deliver goods from our suppliers godown to our client ex delivery from our suppliers godown.
Our client gives us vehicle no and on that basis I and my supplier prepares e-way bill.

If my client gives wrong vehicle no then who will suffer for this? One of my client gave two times wrong vehicle no and on my clients information e-way bill and invoices was prepared. What will be our liabilities??

Respected Experts

Kindly let me know can we take ITC on new year diaries which we are giving to our customer. I think it is one type of marketing expenses.

Kindly let me know at the earliest

Hi,

Company's return is filed within due date with the 80JJAA audit report but CA accept the audit report next day after the return filing, and later on CPC sent email for proposed adjustment and disallow the whole benefit of 80JJAA. Can we do anything here?

where may come nigative figure in Profit and loss account and balance sheet.