Where Repair charges involved in a jewellry belonging to customer amounting to 2 gram given by customer wherein another 2 gram has been put by jeweler, wherein jeweler raised bill for 2 grams and repair charges.Whether under composition 3% GST is okay?

I received the money from my son for credit of savings bank account. This amount was given as advance for purchasing a flat. subsequently the plan was changed and the booking of the flat was cancelled. The builder also agreed and assued the refund of the entire amount. What will be the impact of the refund amount in my savings bank account and the IT implications.

I would also like to send the amount to my son who is in US,

Kindly suggest ways and means for the above .


chandrasekhar

sir! i want to know about the stamp duty rate in UP, on a lease agreement for 10 years/ 5 years where the annual rent is 40000. How this is calculated. what would be the principle amount on which the duty is levied. Is it total rent of 10 year or a rent of one year?
Thanking you.

Hi, as part of trading activity we have made a sale to the customer in South Africa (transaction took place before GST). The customer made payment in USD from SA to India. But the material was handed over to the customer in our office in Hyderabad, Telangana state. Since the ownership of material was transferred "ex-works", we had considered the transaction as domestic sale and charged VAT. We have received different opinions from different professionals that, what we had done was correct treating the transaction as domestic sale. Some professionals formed an opinion that, transaction should have been recorded as as an Export sale. We are confused, please advise.

Dear expert - Can you pl. help me by informing type of GST registration required for Grain Trader turnover is between 20L to 75L-Mainly dealing in unbranded Wheat, Bazra, Rice etc locally?

interstate composition dealer se expenses purachse krte he to gstr 3b me uski entry krni padegi kya or tax to mujpr lagega nhi

Payment Terms 30 days ans we are paying payment within 20 days . GST applicable in Cash Discount

my query is that a new partnership firm that was registered about 4-5 months ago and has not done any business in this period yet, wants to cancel its registration now. so what is the procedure and cost applicable?? Reply urgently required...

GST on CSR activities is covered in RCM .Now if a company receive invoice or demand letter from a trust that does not contain Gst number etc but its turnover exceed 20 lakhs than what should company do.Should company ask trust to get registered in GST .Or should company pay Gst @18 % on non Gst invoice and then raise self invoice quoting its own Gst number.
Also on which Csr activities no Gst under RCM will apply ?

Hello

Let say if you using below clause for remuneration, is it still required to specify a figure for salary to working partners?

"The remuneration payable to the working partners above shall be credited to their respective accounts on ascertainment of book profits. The total remuneration/bonus shall not extend as per the limits laid down under clause 5 of section 40 (b) of the I.T. Act 1961 , and the above calculation of the remuneration is also subject to variation, if any changes made under clause 5 of section 40 (b) of the Income Tax Act , 1961."