SIR
We are trading tyres and spares items for Lorries/Trucks. Now, we have decided to start a new business for service motive that RENTING the tyres and other equipments to the small transporters under the contract / lease basis for a particular period. They will pay the rent against our service bills.
Doubtful Questions are,
1. Is it possible under GST Act?
2. Rate of GST applicable for this service?
3. Agreement should legally be registered or not?
4. If we pay GST by collecting it from the transporters against the service, Can it be adjusted by the inputs we have?
5. Can we take the inputs on the Retreading charges of tyres after the lease period?
6. Can we claim the depreciation if any?

Plz guide us. Thanks in adv

Sir,

I received a notification from the IT department
Dear tax payer claim of relief u/s 89 of IT Act was disallowed inadvertently. Error is regretted . Order u/s 154 rectifying the intimation would be issued expeditiously.
Kindly advice on next steps

Form 26 AS of assesee an agricuturist shows a totally different amount u/s 194J fees received. How to file the return. Will the return get rejected if we dont show that income in our return

A gst registered composite scheme ice cream selling dealer sales of old deep pridger . dealer deep pridger used for business purposes.
Question:
Dealer selling of deep pridger composite tax applicable and which tax rate applicable.

A person filed Return of income for AY 2018-19, AY 2019-20 & AY 2020-21.

Whether 194 N threshold limit of 20 Lakh applicable to him in the financial year 2020-21 ?

TDS on cash withdrawal above 20 lakhs applicable to him ?

If a company is making Demurrage payment to a company based in Singapore, will it have to deduct TDS?

Secondly, if a company is making professional services payment to Singapore international arbitration centre, will it have to deduct TDS?

Dear Experts,

We are manufacturer & our turnover is about 150 Cr. and we liable to
issue E-Invoice w.e.f. 01-01-2021. There are some confusions in our mind :-

1) When we return any purchase what will be the source documents? Which document will transit
the goods.
2) Can we print regular invoice (IRN not mentioned) along with E-invoice generated from E-Invoice Portal.
or we have to print IRN & Bar Code in our regular invoice.
3) How to return back Sales Return and what will be the source documents?

Kindly advise.

Rakesh Sharma

We have purchased raw material from supplier and observed damaged parts and informed to supplier and initially accepted to give Credit Note for that but now they are refused.

In this situation how can we Debit to supplier in as per GST

Kindly advise

One Government Department of Odisha receiving maintenance services from a firm of Delhi and having Delhi GST number only. In other words Supplier of service is registered in a state but place of supply and recipient are in another state. In this case is Government Department is needed to deduct TDS on GST?

My client provides aircraft maintenance service in Odisha and takes GST number in Odisha. One Airline company having registered GST office in Delhi received service from my client in Odisha. Now whether my client should charge IGST or CGST& SGST to the Airline company?