DEAR SIR,
MY CLIENT PURCHASE GOODS IN THE MONTH OF AUG 2017 FROM UNREGISTERED DEALER BUT HE HAS NOT PAID RCM TILL TODAY SO WHILE FILING GSTR 9 9C CAN WE MAKE THE PAYMENT UNDER RCM AS WELL AS CAN WE CLAIM INPUT CREDIT UNDER RCM
NEARLY THE TAX AMOUNT IS 1000000

Hello

We are a GSTN registered company paying our monthly lease rent for the premises to a non-GST individual where he does not claim any GST. Is there any way we can pay on RCM (on rent) and claim later the same as a input credit from the GST authority?

Please share your advice.

Persons from XYZ(Singapore) are coming to India for work and staying in a Hotel of PQR (India). PQR will be issuing invoice in the name of XYZ(Singapore).1) Is XYZ liable to pay GST on the amount charged? 2) If yes, whether IGST or CGST + SGST? 3) Which are the relevant provisions under IGST Act, Section 12(3) or Section 13(4)?

Hello Dear Experts,

I have query in Prevention of Money Laundering Act,2002-

Section 12 speaks about Obligations of Banking Companies, Financial Institutions and Intermediaries- and it is stating that Reporting Entity have few obligations to comply with.

My query is- Who are all the Reporting Entity here.

As per definition of Reporting Entity in PMLA 2002 - It includes - Banking Companies, Financial Institutions, Intermediaries or SPECIFIED BUSINESS/PROFESSION.

So do these obligations and the penalty that director can impose for failure to comply with obligations for Reporting Authority applicable to Specified Business/Profession as well.

Please advice.

Thank You

Dear All,

Is it possible to generate a multiple invoice with value below 50K to a single firm on a single day?

Request all to provide your valuable solution for the above.

Thank you
Chakravarthy

MY CLIENT HAS MADE WORK CONTRACT WITH COMPANY TO INSTALL SOLAR PROJECT ALONG WITH MACHINERY
I GOT FIRST BILL FOR MACHINERY & MATERIAL APROX 1.60 CRORE
AND SECOND BILL ONLY FOR INSTALLATION AND COMMISSIONING OF RS. 55.00 LACS
PLEASE CLARIFY THAT WHAT RATE OF TDS TO BE DEDUCTED AND ON WHICH AMOUNT TDS TO BE DEDUCTED ON WHOLE OF THE AGREEMENT VALUE OR ONLY INSTALLATION AND COMMISSION AMOUNT ?

On my retirement I have drawn the full amount from NPS as the corpus is below Rs. 200000/= Please let me know the liability of income tax in this respect. I presume only 40 percent is taxable as per latest amendment. Kindly respond.

Hi,

Please solve My Query
Royalty received on performance by artist from out side India whether is it taxable or not under GST?
consideration recd in foreign currency shall i consider export of Service ?
if yes then we are going to without payment of IGST (LUT allready Filed) is it correct?
what is HSN code

IMPORTANT AND URGENT!!
Can we take Input Tax Credit of GST for insurance premium paid on Workmen Compensation Policy for a Private Limited Company??

Hi Sir,

Scenario -
ABC Pvt Ltd is a Registered Dealer, who claimed that they are not registere and issues a Non GST Invoice to XYZ Pvt Ltd i.e. without levying GST.
However, PAN No. shows active GSTIN.

Will there be any consequences, penalty which need to be borne by XYZ Ltd?