We are registered Transporter (GTA). We transport mainly Cement. We carry Cement from Manufacture Factory (Our Client) to Dealer. We make Transport Invoice without GST. The Manufacture paid GST on our behalf on RCM Basis.
Now Our Clint (Cement Manufacturer) orders us for Loading/ Unloading work separately. They asked us to charge GST on our Sell Invoice (Forward Charge).
Our local Lawyer said it is possible they said “if Loading/Unloading Services are included in GTA services and not provided as independent activities, then they are also covered under GTA .If Loading/Unloading Services provide independent activities then they are not fall GTA services”
Now Question is:
1. Whether we charge Tax in our sell Invoice for loading /unloading Services?
2. If yes then what is the Tax Rate and HSN code?
3. Is A GTA can make two kind of Invoice in same financial year – 1.Forward Charge (Loading/Unloading Services) or 2.Reverse Charge (Transportation of Goods by Road)

Sir,

I have a flat (Construction is in Process), I want to sell this flat to my Mother with regular consideration, but in the sale agreement seller is myself self and the purchaser are two one is my mother and the second myself. Now my quarry is whether the consideration amount is applicable for CAPITAL GAIN TAX.

Hi,
My query is as under:

Mr.ABC had mortgaged his residence in Mumbai to a Bank. Upon default the bank took possession and has Auctioned his property by public auction.

Value of the residence as per Ready Reckoner: Rs.3.50 cr
However the bank auctioned the property at much lower value of: Rs.2.75 cr

It is clear to Mr.ABC that he will have to pay LT Capital Gain on this sale. However the Sale consideration for the purpose of Capital Gain should be taken as RR vale (3.50 cr)or Auction value (Rs.2.75 cr).

If Auction value is acceptable, under what provision can he claim this reduction in sale value.

Please advise.

Thank You

Dear Sir,

We have written off Creditors due to quality issues. We have purchased material of Rs 1180000/-. The party has uploaded Rs 180000/- in our 2A. Now due to some quality issue we have not paid Rs 200000/- to the party and the same is being written off in books. My Question is
1 Do we have to reverse the GST element in Rs 200000/-. Since we have not received any GST Credit note from the said party on site upto March 2020. and the time limit to issue GST Credit note has expired. Still do we have to reverse credit.
2. Since come invoice are realting to VAT regieme on which excise credit and VAT credit was taken and the same was tranferred to TRAN 1 credit. Do we have to reverse the same. Since condition of written off and its reversal was not in Excise regime to my knowledge.
3. Can 180 Days payment clause can be used against us to reverse the credit.

Dear Sir,

we have filed DRC 03 on 01/03/2019, now we want download the acknowledgement for the same, kindly guide us any one, where we have to go and download in GST portal.

Regards,
Naveen

Hi everyone,
I as a present Indian resident started a PPF account in Jan 2020 and still continuing, in case later within the 15 years of PPF duration, if my status changes to NRI, will there be any problems in contributing and withdrawing my PPF.

Respected Sir,

Owing to lockdown across India we have been put in inconvenience and lot of work is still to be done for filing GSTR-9 & 9 C for the fy 18-19 Year ending March 19. Due date 30th Sept 2020 is coming closer day by day. I hope I wont be able to complete my pending work for GSTR-9 & 9 C for the fy 18-19 Year ending March 19. Whether any extension for GSTR-9 & 9 C for the fy 18-19 Year ending March 19 is still expected today being 25th Sept, 2020 remaining days are now only & only 5. Please guide me and oblige.

Dear sir,

In GSTR 1 return, export sale is shown as with payment of taxes by mistake eventhough we have LUT.
Now, whether this can be corrected in GSTR 9 by re grouping it to without payment of taxes.

Kindly clarify.

What is the impact of taxation, when a person let out his house on lease agreement , where he is liable to return such lease amount on termination of lease agreement ? Should he declare entire sum of lease amount as income when he is liable to return the amount on expiry of lease term.

Dear Sir
My father has sale his agriculture land in 2018 located in Satna district a rular area land.The buyer has paid 23 lakh through cheque and 53 lakh rupees in cash so for purchase a house my father has cash deposited 17 lakh rs in my mother bank account and 20 lakh himself account during the year of 2018 and 2019 and later he transferred amount for flat purchasing in greater Noida

Now from March 2020 he is constantly received a message from AD-CMCPI that you have deposited 37 lakh rs in cash pls file your return 2018-2019

Sale deed shows the whole amout

What should he do now he is very tensed