I not filed my return from 2010 due to stroke of BP came to me. now I am OK n wants to submit return. can I do now

Dear Experts

First Query

If my on say 21-Feb-19, my aggregate turnover for FY 18-19 exceeds rs. 50 lak when I issue bill of supply at 10:00 AM, then do I have to issue for the next supply I make Tax Invoice and charge GST and collect it from customer?

OR

can I for the day of 21-Feb-19 continue to issue bill of supply and come within preview of normal GST scheme from next day.

I am asking coz the word used in section 10(3) is with effect from day and not w.e.f. moment.

Second Query
under section 10(5) it says that if someone wrongly avails of composition scheme than he has to pay GST as would have been applicable had he not applied for the scheme. my question is will the composition tax be adjusted against his GST liability or what he has paid is gone and will not be adjusted?

regards
shivani

we are manufacturing aluminium circles and one of our regular dealer taking material from us and its get some problem in Quality. and we have received the material for rectification under Annexure challen & rectify the material and send the same corrected material to our dealer. Now we are issuing Debit Note of Conversion charges of RS.30/- per kgs only. This whole process is ok or not. we are manufacturer not a service provider but having service tax registration and maintain the Inputs credit and challen credit. Now dealer is not interested to pay any Excise duty or Service tax on this process So, we are only charging rectification charges with ED/ST oplease revert back to clear my point 

KG
9845880630

can any one tell me applicability of Gst in final exams?? is there applicable in may-18

The A.O had disallowed Interest expenditure claimed by the Assessee against Income from House property by invoking provisions of Section 36(1)(iii) of the Act instead of Section 24(b), giving reasons that the Assessee had sufficient borrowed funds and given them on loan without charging interest Is this treatment valid in law?? If not please quote case laws in support of the same

Please tell me when we purchase self land & construction (make building ) on land & purchase building construction material (Cement, stone, tiles, M.S. Bars, Rodi, etc.) than accounting entry of construction material will book in which head.

if a company not deducted tds on rent above 1.80 lakh where to lodge complaint. please suggest.

I have completed my CA IPCC in this november attempt. I am thinking of starting coachings for CA final exams , but everyone with whom I met say that you should wait for atleast 6 to 12 months . I do not understand their reasons, beacause as per rough estimates it would take around 2 years to complete our coachings . So what should I do, can anyone help me with this please .

Dear Experts

Why should Mr. X opt for Composition Scheme?

1. He gets no input credit. So it gets added into the cost which makes his product expensive.

2. His customer does not get any input credit of the goods bought from Mr. X. So buyers will prefer the ones from whom they can get credit. Mr. X looses customers.

3. X cant collect tax from customers. So he pays out of his pocket. Why the hell will someone like to do that?

4. Also they are considering aggregate turnover and not taxable turnover.
What common sense is that?

Is there anything I am missing.
What is a single thing which makes anyone opt for this ill thought scheme.

regards
shivani

please msg me on my number to join my group and you tube channel I follow

If a proprietor is non existing tax payer and his turnover exceeds 20 lakhs , is it compulsory for gst registration , if yes then how he will get provisional id and password.