Hello All
Pl guide if we make LLP firm then can we do business of financing or loan giving business.
Regards

Hi All

Liability for FY 2016-17 under VAT had been paid under amnesty scheme.
Returns for FY 2016-17 could not be filed as due date was over.
Now client wish to file returns. Can it be done now?

Thanks in advance.

DEAR SIR,

ONE OF MY CLIENT RETURNED HIS RENTAL ADVANCE AMOUNT TO HIS TENANT PER DAY 10000/- 10 DAYS TOTAL 100000/- BECAUSE HE DOES NOT ACCEPT CHEQUE OR DD. SO IN THIS CASE CAN WE PAY RS.10000/- IN A SINGLE DAY SINGLE PERSON? OR ATTRACT DISSALLOW U/S 40 A(3). UNDER THIS SECTION PROVISION ONLY FOR SINGLE DAY, SINGLE TRANSACTION FOR ONE PERSON. NEXT DAY WE CAN PAY CASH OR WE SHOULD PAY IN CHEQUE THIS SECTION ALLOWS ONLY FOR ONE DAY FOR ENTIRE FINANCIAL YEAR.

CLARIFY ME

REGARDS

PLEASE CLARIFY ME,

We are importing material from China as follow:
Order is placed by us to Hongkong Dealer. The Hongkong dealer places order with China Dealer. The China dealer directly sends good to India from China. However in the above scenario, the Invoice on India is raised by Hongkong but the Certificate of origin has the name of China Dealer in 'Box 1-Consigner name' as the same is the manufacturing party and 'box 2 - Consignee name' has India's name. However the FTA benefit is being rejected by the custom authority on the ground that:
1. Box 1 - Consigner name should be same as the exporter name on the Invoice. However in our case the invoice is raised by Hongkong. But manufacturer is of China, Thus this arrangement of Third party trade is not accepted by custom
2. box 2- Consignee name should have 'to order' in case of Third party transaction. However as the same is not madatory the COO has Indian Company Name mentioned.
Thus in Third party trade scenario what should be the name specified in Box 1 and Box 2 which will be acceptable at customs?

Wht is this detailed project report
By whom it should be prepared
And wht r the uses of having it before starting a business

WE HAVE A LAND IN NAME OF TWO PERSONS A S B AND ONE BULDING IS MADE ON THAT LAND
THERE IS A SOLE PROPERITORSHIP FIRM WHOSE OWNER IS A . A IS SHOWING BULDING IN ITS BALANCE SHEET AT ITS OWNERSHIP RATIO AND EXPENSES ON ERECTION OF BULDING IS PAID BY A FIRM CURRENT ACCOUNT IS IT RIGHT IF NOT THEN PLS ADVISE HOW TO SHOW LAND S BULDING IN EACH OF THEM BALANCE SHEET AND ERECTION ON BULDING COST IS TO PAID BY WHOOM AND EFFECT IN RESPECTIVE BALANCE SHEET

how many court fees in gstp authority latter ?

one transporter has purchased truck which is used for both taxable supply on forward charge basis & exempted supply. In such case first we have to take full credit in GSTR3B in the month of purchase of capital goods and then reversal of input credit need to be done as per rule 43 is it proper ?

Dear All,
As per the Scheme once the declaration made by Assessee is accepted by designated authority and Form 3 is issued, the declarant shall pay the amount determined within 15 days of receipt of the certificate and intimate the details of such payment to the designated authority.

As per the Scheme, Assessee has an option for making payment on or before 31st March'2021.

My query is, If form No. 3 is issued by designated authority on or before 31st January 2021, Assessee can pay taxes before the last date even if 15 days have lapsed or the form will be void.

Please guide me the role of board for making me a project.