A person created the website and integrated the third party app (paytm) to collect the payment. Now website is educational website whose turn over is less than 20 lac a year. Website offers mock test for CA, CPT, CSE, Bank, other government job exams or IIT NEET type mocks and E books. When ever student pays and buys the course it will be intellectual no hard copy is delivered.

Now person has opened this website from his study room in the rented residential apartment. So it will be difficult for NOC from owner.

Is GST registration necessary for him because it is educational website and turnover is less than 20 lac also less than 15% of the residential property is used in this case and no transfer of goods is taking place.

Note for Forum

We have recd intimation re TDS nullification /error for our past filings.
The problem is:
We have wrongly deducted and paid a short amount of TDS for our vendor in a previous year; Now this difference amount needs to be paid.
Do we need to file a revised return for that year? Is there a limit to how far back TDS return can be revised?

Also, the Vendor will now receive an extra TDS credit for a previous year (assuming he filed his return on the earlier TDS dedcuted basis); How can the vendor CLAIM THIS BENEFIT in his IT returns;

IS THERE AN ALTERNATE WAY TO DEAL WITH SUCH A NULLIFICATION?

Form 107 to be executed in non judicial stamp paper means??
Actually I bought stamp paper and what the matter to be written on it??
Anyone please guide.

Dear Experts,
We have send the goods direct from our vendor through bill to ship to transaction,

However since movement of goods was taken in support of our vender invoice & eway bill. Hence we have send only invoice to our buyer but now buyer is asking for our eway bill,

Further we don't want to provide eway bill generated by my vendor to buyer as far as the goods price Is concern,

Pls clarify:- the consequences if we generate new eway bill whereas movement of goods has already been Done via bill to ship to transaction,

Thanks & Regards
Nikhil Sharma

Dear Expert,
Our company is invoking bank gurantee , so is there any GST applicability on the same.

Please guide

If we deposit TDS on 30 MAY 2020 having Due date 30 April 2020 and deducted in March 20 Month. with new Ordinance, how many months interest payment is applicable.

An assessee paid advance tax (2020-21) on 15th March 2020 but wrongly written in challan as self assessment for assessment year 19-20. However assessment order has already been passed in December 2019.

We are having one Rental income in commercial complex. Now we are demolished building and reconstructing.
we can use ITC for construction material bill .

Sir
Sir
Sir I have received such email from icai and I am not understanding the same Dear SANDESH SAMUDRAVIJAY HIRAP

Your Form 107 has been sent back for correction by the regional office with remarks freankin not done.

Kindly visit ICAI Self Service Portal for further details.

Regards,
ICAI

Retailer dealing in Mens wear, having GSTIN in regular scheme till 31.03.20 wants conversion from regular to Composition scheme wef 01.04.20.

Query 1 : Does GSTIN holder has to pay GST on closing stock as on 31.03.20 on which already GST credit has been taken when the same were purchased under Regular scheme ?

Query 2: If yes then, Can CENVAT Credit as on 31.03.2020 if any can be adjusted against tax liabilty of GST on stock in hand as on 31.03.2020 ?