Dear All

Please suggest.

When a person purchase a Insurance than he need to pay premium. for example: if i paid premium amount of Rs.11800/- including 18% GST , then whether i need to get exemption full amount paid for premium under deduction u/s 80C ?

Please suggest the same.

We applied for cancellation of GST registration and received mail stating cancellation will be effective from 9th of March,2018. we needa to file any Final Return like GSTR 10?

Was it 31st July 2017 for individual ? Now I have to file ITR-4 for an individual. How to workout interest u/s 234-A. The SA Tax is below Rs 5,000/-

Does Composite supply applies for only TAXABLE supplies or for EXEMPT supplies also?

As per Sec. 2(30) of CGST Act, composite supply means a supply made by a taxable person to a
recipient consisting of two or more TAXABLE SUPPLIES of goods or services or both.

That means we can interpret this for supply of ONLY TAXABLE goods or services or both.

Suppose if the composite supply involves one taxable supply and other exempt supply, will the provisions of section 2(30) and Section 8 applies to arrive at Rate for composite supply? Since the definition of composite supply applies only for combination of taxable supplies and not for combination of taxable and exempt supplies.

Please suggest.

What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies @ 5 GST by suppliers??

What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies by suppliers??

How to show Sale in Course of Import / High Sea Sales in GSTR1?

Case:

Party A Goods Imported in India and kept in FTWZ. Party A then made a contract with Party B and Party B cleared the goods from FTWZ under Bill of Entry in their name. Thus original Inbound Clearance from Port to FTWZ is done by Party A whereas Outbound Clearance i.e. for Home Consumption is done by Party B by doing Bill of Entry and paying IGST.

Now Party A wants to bill Party B whether there will IGST on such Sale ? How to show this transaction in GSTR1 ?

Dear Sir

Good afternoon.

My Selt Ravi and Working as Operation Inchare in Mfg Company. Now our Company Asking to send Investment details for the year FY-18-19.

I have Joined this company 2017 October with 434000(PA.)

Can you tell me taxable income..

And what are all Investment details i have submit.

Rdgs
Ravi

I have submitted my form 102 and 103 on 22/09/17 but not submitted form 112.
i was waiting for my college to sign the form but now college have refused to sign the form.
My college classes have ended officially but now waiting to appear for final bcom exams.
Do i still need to submit form 112?
As my college has ended.
Please help.

Tax on Business Income under normal provision 12.87 Crore
Tax on Capital Gain 0.35 Crore
Total Tax under normal provision 13.22 Crore
Tax under section 115JB is 12.90 Crore
earlier years MAT Credit is 0.75 Crore
now what is the treatment related to mat credit
Please suggest