sir, my friend's business turnover is less than 20 lakhs per anum. But he voluntarily registered for GST under composition scheme. Do he need to pay tax @1% on sales even if turnover is less than 20lakhs? He is also selling exempted goods, 0% tax goods and taxable goods On which goods he need to pay tax?
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Sir An individual is a partner in 2 firms which are in tax audit.he is also a proprietor of his own business which have gross receipts of 67 lakhs.now I wud like to know if his proprietorship automatically cums under tax audit because he is a partner in a firm which is under tax audit.
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Is board resolution or letter of authorization
Required for Gst registration
What is the difference between them
And what should be the designation of partner shows as on the letter of authorization or board resolution
i am exixting Taxpayer in UP VAT and now in Gst My annual turnover is below 20lacks how can I CANCEL MY GST R EGISTRATION please help
Answer nowI am existing taxpayer in UP VAT . ALSO I am registered in GST. My annual turnover is below 20lacks so how can I CANCEL my GST REGISTRATION . because my business is in exemption limit kindly Help.
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Dear sir,
Registered Manufacturing company are eligible to take INPUT tax credit on not on freight charges (inward freight- raw material & outward freight - finished goods) paid in RCM basis
please provide the details.
Thanking You,
In case of expenditure incurred by employees on behalf of company for the repair and maintenance or for some other reasons and get its reimbursement from company than what would be the treatment of GST.
Case 1 : If goods or services are taken from Un-registered supplier .
Case 2 : If goods or services are taken from registered supplier
Mr.A a director of a pvt ltd company had given loan to Mr.B a person who once worked in the company. Mr B however repayed the loan to the company instead of paying it personally. Can this amount be shown as loan from Mr.A to the pvt ltd company.
Answer nowI joined CA course in 2011 and passed Cpt with 70℅ in June 2012.But I am stuck in IPCC and till may 2017 I m not able to clear it.
I am worried about my career in CA .will i get job after so many attepmts even if i become CA later after 10-12 years ?I am not able to decide whether to quit or continue CA.I am already 25 yrs age.
.I am seeking for expert advice .plz suggest.
Hi
Being a registered dealer, we have corporate plans of mobiles for our employees. I want to know whether we can claim the input of GST charged on mobiles bills???
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