what is the HSN code and applicable GST for terry towels manufactured in Sholapur ?

WE HAVE OPTED QRMP SCHEME FROM 1ST JAN 2021. IN THE MONTH OF JAN 21 OUR SALES IS BELOW 50 LAKHS AND WE HAVE FURNISHED IFF AS CUSTOMER NEED. IN THE MONTH OF FEB OUR TURNOVER IS 68 LAKHS. WE COULD NOT FILE IFF AS THE LIMIT OF IFF TURNOVER IS 50 LAKS. OUR MARCH 21 TURNOVER ALSO ABOVE 50 LAKHS (SAY AS SAME AS FEB 21 - 68 LAKHS).
1. I HAVE TO FURNISH IFF OF FEB 21 THEN ONLY I MAY RECEIVED MY DUES. IF I FILE IFF, PARTIALLY I.E. 50 LAKHS HOW TO ADJUST THE BALANCE 18 LAKHS OF TURNOVER.
2. WHETHER I CAN INCLUDE THE FEB 21 TURNOVER, WHICH MISSED OUT CAN BE CLUBED IN MAR 21. THEN WHAT ABOUT THE BALCNE TURN OVER OF MAR 21
(FEB BAL 18, MARCH 68, TOTAL 88 IFF 50 BAL 28)
3. AT THE TIME OF GSTR1 OF THIS QUARTER (MAR 21) MAY INCLUDE TOTAL TURNOVER OF (JAN 50, FEB 68 MAR 68) THEN HOW I TO WORK

The issuse is I have applied for certified copies of paper idt , but I recieved paper scmpe,dt,elective paper certified copies not paper idt.. I have been contacting helpline exams icai and send mails since 3 weeks but I’m not getting any response to that

I will receive variable pay in April 2021 for the services of March 2021. In which financial year Form-16 it will be reported and taxed?

SIR- I am a steel trader ( GST @18%). I add the freight in rate but not separately when I sell the goods to my party directly from my supplier which means I collect the freight indirectly.
My doubts are,

(1) If I pay the freight on behalf of my party, whether it is treated as inward or outward to me?

(2) Am i liable to pay the GST on freight charged?

(3) Rate of GST on freight ?

Plz guide me
thanks in adv

hello there,

please guide me through this query...

We run a Private Limited Company (Partnership) and as the business is growing we want to expand the business but there is a space constraint in our exiting unit so there is no option but to budge to a new location.

Now there are two options :-

1) To Form a company on new land with New name

pros - All new companies formed after oct 2019 come under new tax Slab ie 15% (currently we are 25%) also we can go through Subsidy

cons - but we have to bring up capital from our own pockets

2) To Form a company on new land by starting the new unit under exiting pvt company

Pros - The exiting plant can sponsor the new unit thus it will show up in expenses of balance sheet hence save tax

Cons - We cannot apply for any subsidy also we would still remain under 25% slab

i want solution wherein we can undergo subsidy come below 15% slab also the funds can be sponsored by the exiting unit

thanking in advance !!

I am a transfer case article and after taking out the print of form 108 I realised that leaves taken in last firm is also included by me. But I have not uploaded the form in the portal ..
kindly suggest what should I do now as it is urgent ??

Sold BPCL shares at ex-dividend price on 18.2.2021, ex-dividend date being 19.2.2021. Record Date fixed by company 19.2.2021.

Under the premises am I entitled for dividend? I believe, yes but fact is that I have not received dividend.

Request for clarification.

Dear Team,
I am running a Pvt Ltd Company with two directors and its basically involved in gold trading. We also perform monthly gold chit. Every month collect advance money from my customer, buy gold and store it in safety insured vault and deliver to my customer when the chit ends.
Some of my customers are feeling unsecured that what will happen if something happened to the company such as bankruptcy.
So can I take any kind of liability insurance (say D&O insurance) to boost my customer confidence? Is it legally correct?

Hi,

I am working as a consultant(as registered proprietorship) to a company in US. I have following question

1. Should the company in US deduct the TDS on the payment ?
2. If TDS is deducted what is the MAX US company could deduct for consultant?
3. What would happen if the company withholds the TDS and does not make payment
4. Am I supposed to make the advance payment. As company is witholding the TDS, should I pay remaining amount or it's my responsibility to make the full Tax ?

Thanks and Regards