One of my client incorporated LLP having two partners with 50% share each. Now the foreigner remitted their share for capital contribution. but as per FDI norms a certificate must be produced from a CA/CS for valuation. My concern is, the LLP is newly incorporated having capital in total of Rs. 10000, are we have to produce the valuation report and if yes then what will be the methodology for the valuation. Looking for your prompt reply.

Is job work given to unregistered person subject to reverse charge? or no GST applicable to that?

Dear sir,
Please suggest me.
I am a retailer, selling product on mrp basis.
I am dealing with only b2c supply except one or 2 bills.
My turnover crosses 50 chores. I am facing difficulty in preparation of Hsn summary.
Is it mandatory to fill hsn summary for B2c Supply in gstr1.
Is there any specific exemption for retailers who are dealing with only b2c supply.

Please suggest me.

I have a credit note of Rs.4,00,00,00 CGST Rs.36,000 SGST Rs.36,000 in the quarter ending March-2022 and no inward, outward supply in the quarter , and no GSTR 2B ITC.
My query is that. Can I claim ITC of CGST rs.36000 & SGST rs.36000 in form GSTR 3B in part 4(A)(5) as All other ITC and apply for refund on account of credit note.

Hello,

I was filling the startup India form in which it asked me for an authorized representative of the company. I wanted to explain my company's hierarchy.

We are 4 co-founders who successfully formed a Pvt. ltd company having equal shares each in which 2 are the directors A&B and the remaining 2 are shareholders C&D and Director A is the authorized signatory for all the decisions related to business and finance.

The startup India form it is asking for the authorized representative of the entity. I am confused about whether the director can be an authorized representative or if I have to assign anyone from the shareholders?

kindly help me with this doubt.

Service tax department has issued show cause notice for the year F.Y.2014-15 & F.Y. 2016-17 to mr.A . Demand can be raised within 5 years . Is it valid notice or not ??

What is the time period to raise demand of service tax ?

Is Filing of Form 5 (Statement of Annual Accounts) for the F.Y. 2020 - 2021 is mandatory for the Private Limited Company having nature of activities - Construction Activities, if the project has been completed and OC has been received on 31.10.2020 ?Please Guide

A job worker After processing the Raw Material, given finished goods to Principal on fixed/Agreed yield. By doing this Job worker Saves the Raw Material / Finished Goods, which actually relates to Principal.
Also the Job worker uses the Raw Material and Sales like its own.

What will be the GST impact and Accounting impact in this scenario.

Whether an outsider (not a former employee) (may or may not be a stakeholder) is covered under the Whistle Blower Mechanism under the Companies Act, 2013 ? If covered, whether he/she gets any protection just like the Directors and Employees of the company ?

why provision for Depreciation not shown in Profit and loss accounts , how to show in balance sheet.