During the month of September 2019, I have filed the GSTR1 correctly displaying the exempted sales. But while filing the GSTR3B,I have wrongly shown the exempted sales, the same was included in 5% sales, the GST amount was correctly shown. Eg. Taxable sale 100 + exempted sale 50 GST payable is Rs.5 CGST Rs.5 SGST, In GSTR3B I have declared the entire amount of Rs.150 under 5 % taxable and paid CGST Rs.5.00 & SGST Rs.5.00 . Please let me know the procedure to correct the same
R S Sai Kumar
Hyderabad

we are received a notice from department stating that there is defect in the ITR filed for AY18-19. I had filed ITR-3 under section 44AD for our client having business income .

Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit and Loss Account as required in explanation (f) under section 139(9) read with section 44AA. Probable Solution - The Part B of the Profit and loss account and Part B of the Balance Sheet (i.e No Account Case Section) should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid.
Please let me know what correction I need to do?

Thanks and Regards
RAKESH R GOWDA

Dear Sir/Mam

Taxi Service for travelling expenses TDS will be applicable?

Dear Sir/Mam

My vendor is sole proprietor of his concern for TDS he linked his PAN only, in this case what is the TDS percentage we need to deduct from his bill and pay

sir, if shridhan sold tax applicable (capital gain ) yes or no if yes then capital gain calculation or no how many gm free ?? please answer

client  sent a machine part for repairing in china, through mediator, and mediator has handovered to dhl/fedex , and dhl/fedex  has delivered to china service center, after repairing, client received back machine part in same process.  

during this process client direct take service from mediator and that are registered in delhi but when mediator issued invoices to me he charged igst instead of cgst and sgst.  mediator told me he complete international door delivery. but in this process international delivery has done by dhl/fedex


Sandeep Kumar

In a contract work the service recipient and service povider having Kerala GST registration.
Place of supply in Tamil nadu

We have to issue IGST invoice or CGST + SGST ?

Dear all,
Can the name of a LLP changed? If they are do so what are procedures followed to change the name of LLP. The process of Reserve Unique Name is applied to change the name of LLP also? If yes, the option available in this form is only for conversion and new incorporation. MCA not provide correct procedures. Please reply.

Sir,
kindly advice whether one is liable to pay excise duty if they are manufacturing gold coins which are non branded.The department Says that we are liable with the below contention
The assessee is manufacturing Articles of jewellery CETH 71131910 (gold), 71131930(gold jewellery studded with precious stones) and gold coins falling under 71141910. The assessee is paying Central Excise duty @1% on the value of Articles of jewellery (gold) in terms of Sl.No.199(1) of Notification No.12/2012 CE dated 17.3.2012, as amended. The assessee hasneither paid duty on the value of gold coins manufactured by them nor declared the value of these goods in the ER-8 returns filed with the department.
The effective rate of C.Ex duty on gold coins (other than those bearing a brand name) falling under CETH 7114 is ‘NIL’ as per sl no.192(I) of the Notification No.12/2012 CE dated 17.3.2012. Condition No. 52A was inserted in Notification No.12/2012 CE dated 17/3/2012 vide Notification No.12/2015 CE dated 1st March, 2015 read with corrigendum dated 4th March, 2015. This condition reads as follows “If no credit under rule 3 or rule 13 of the CENVAT Credit Rules, 2004 has been taken in respect of inputs or input service or capital goods used in the manufacture of these goods.” Notification No. 34/2016 CE dated 8th September, 2016 substituted the entries against sl.no.192 of Notification No.12/2012 CE dated 17/3/2012. Thus, with effect from 8th September, 2016, a manufacturer of goods listed at sl no 192(I) & 192(II) of Notification No. 12/2012 CE shall be eligible to clear such goods at NIL rate of duty, subject to the fulfillment of condition no. 52A.



If not kindly share me the notification number ratifying it.Please help

Hello,
If i invest in mutual fund & mutual fund in turns invests with the pool of money.Now for suppose, mutualfund co sold shares and got the capital gains which will be distributed to unit holders. How is this capital gains taxed in the hands of unit holders.Now if i sold the units of mutual fund and earn the gain, hoe is this gain taxed? How the dividend distributed by the co in which mutual fund invested & mutual fund taxed?