Suresh S. Tejwani
10 January 2025 at 12:53

GST LIABILITY on market yard

If i am doing purchase sale of tax free item in market yard and receiving 1.5% commission on it then is it liable to pay gst on it.?


shweta bombe

A Ltd from India is importing materials from its holding company in Italy. The clearing and forwarding charges is paid by Holding company from Italy. In the invoice of Clearing & Forwarding gst is charged. Clearing & forwarding agent is using GST Number of A Ltd, so ITC is also reflecting in 2B. Since the since A Ltd have not paid the clearing and forwarding charges , unable to claim the ITC on that amount.
Kindly suggest if two BOEs are prepared one for clearing and forwarding charges and another for reimbursement of gst expenses whether ITC on then can be claimed ?
Or there is any other way to claim the ITC ?


suresh
10 January 2025 at 12:51

INCOME TAX OLD /NEW REGIME

My relative salary (Gross Salary) is 9.5 lacs
Investment in LIC and SBI Life Policy amounts to around 2 lacs
Medical Insurance is paid for around 30 thousand. PF is around 1500 PM

based on above information kindly advice which regime to choose old/ new


Daya

What is bank Gurantee and how to make its journal entry.


surinder
10 January 2025 at 12:43

GST REG ADDRESS PROOF

SIR/MADAM
PLEASE TELL ME WHICH DOCUMENT SHOULD I UPLOAD FOR PRINCIPAL PLACE ADDRESS PROPERTY ON MY FATHER NAME AND ELECTRICITY BILL IS ON MY FATHER NAME AND MY FATHER DIED WHICH OPTION I SELECT AND WHAT DOCUMENTS NEED TO UPLOAD


Daya

what will be the adjustment of Custom Duty Paid against import of fixed Assets or Recenue nature expenses.


Daya
10 January 2025 at 12:18

Due date for Payment under section 43B

what is due date for payment under section 43 B Liabities under income tax.


jignesh sitapara
10 January 2025 at 11:54

Regarding ITC Reversal

Dear Experts,
My client has purchase goods as on 26-09-2017. Now, his supplier GST registration cancel (suomoto) as on 28-01-2020. Now department want to reverse ITC with interest & penalty.
Now, is this possible ??


Divyesh Ajmera
10 January 2025 at 10:17

Regarding 15CA.

If amount of remittance is below 2,00,000 and purpose is for reversal or wrong entry S15002 so there is liability to deduct any TDS amount for same?


Rajkumar Gutti
10 January 2025 at 10:11

House partition Deed

Our father, uncle have made ancestral house property partition unregistered deed in the year 1973.
As per deed all property partitioned among real brothers.
As per deed concern brother name registered in all revenue department like as city survey record, Municipality assessment record and in urban facility department like as Electricity, water department.
As per deed possession and occupancy is taken

Now all partion deed members are no more.
Now we, the heirs of partion deed members want to
Notarize the unregistered original partion deed.

Can this document notarize or can this document ( deed ) we registered at this present situation.

Please suggest solution





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