If we have stock on 30.06.2017 on which 5% VAT paid which is under 18% slab under GST
which is sold in july by a composition dealer that tax levied 1% or more ???

I want to renovate my office. For it i will give contract to work contractor. Than can i take a credit of gst paid on work contractor bill?

Please provide the GST rule on Manpower supply.

Hi,

A educational institution received service from different vendors towards ,i.e Transport, Training & Placement ,and Fooding and Lodging against student education.

Earlier it was exempted under service Tax. After GST implementation has the above services are still exempted or it is under GST services , if yes what is the rate for the same.

Please help.


Anirudh

if service tax payable upto 31/3/3017 is not paid upto due date of tax audit, wt will be reporting requirment and is any addition be there into income also?

Dear Sir/Madam I have a civil contractor proprietorship firm in haryana. I have registered it VAT for purchasing cement against c form. I have filed all my c form return timely through CA. I migrated my firm to gst after gst implementation. I have purchased cement in month of June. Now my question is that which return will be filed against material which I have purchased in June. Thanks

Dear Experts

I filled tds return for Q 1 2017-2018. One challan of Rs. 94,500 represent the following transaction

Transaction value 945000
Service tax 141750
Total bill 1086750
Less: TDS 94500 (only on transaction value)
Paid 992250
But at the time of filling the return against challan of Rs. 94500 transaction value is inserted as Rs. 1086750 (it should be 94500)
Now by default demand is Rs.14175
How to rectify it.

Thanks a lot

Dear Sir,

We are transport contractor we have registration under GST.

GST of 5% is payable by our customer under RCM we are not charging from the customer.

Whether we need to pay GST on purchases made from unregistered dealer as we are not not taking any ITC still we need to pay GST on purchases from unregistered dealer.

Thanks & Regards

Can we claim GST input for international hotel booking and international flight booking made via MakeMytrip?

Dear Sir,

We need your precious help. An ancestral 6 storey building. It has been shown in the balance sheet of Private Limited Company (Trading Company) since 1960. The Private Limited Company has been availing depreciation for the same building in every year. Being an old and ancestral building, it does not have any record like date of purchase, value of purchase etc. In a word, there is no document which shows its present value as well as past value. The building is situated in Kolkata and its document of Corporation Tax is there. Whereas, tenants are there and rent and maintenance charges, collected from the tenants, are being shown as ‘Income from House Property’ in company’s P & L A/c.
Now, the matter of concentration is that in the Financial Year 2016-2017, a portion of a floor of this 6 storey building has been sold out near to rupees 1.05 crore. As, yearly depreciation has already been taken, the sale can’t claim the privilege of ‘Capital Gain’. So, if the sale amount is directly taken at the credit side of ‘Profit & Loss Account’ as an Income, then the Payable Income Tax Amount is becoming near about 30 Lakh which is quite a heavy amount for a Private Limited Company whose turn- over is 8 Crore. Further to say that in the same year a repairing expense near about Rs.50 Lakh is incurred in order to repair another floors. Can this expenses be adjusted with the above mentioned sale amount subtracting directly from total sale amount or putting the expenses at the debit side of P & L A/c ? So, please advise mentioning the ways how can we reduce the amount of Tax.

Regards,
Subhadip Acharya