CLIENT IS ENGAGED IN MANUFACTURING ACTIVITY OF OIL PROCESSING. IN WHICH KHAL(OIL CAKE) IS ONE OF THE OUTPUTS. CLIENT IS CLAIMING WHOLE INPUT TAX CREDIT BUT NOW KHAL IS EXEMPTED GOODS . NOW WHAT IS THE PROCESS OF ITC REVESAL??? I HAVE A CONFUSION IN T2 AMOUNT WHICH IS GIVEN IN RULE 42

Please let me know how many copy of Appeal Bunch have to submitted in the Tribunal office ?

Dear all, A company had not deducted TDS on salary for the months of April may june and they are saying there is no problem if we don't deduct tds on salary for first quarter(like relaxation)
Is there any provision which says, no need to deduct TDS on salary for first quarter ?
Please help, I am confused

How do you prepare for an interview for a job opening in field of internal audit,which areas should you focus on,can you give some examples of questions that interviewers ask?

Dear Sir/Madam,
Ours is a CHS in Mumbai of nearly 30+ buildings. We intend to carry out repairs to our building, part of the CHS, on a pure labour basis, material being supplied directly by the CHS on the advise of the Contractor. Would GST be applicable on such labour charges? If no, please provide the details of provisions, under which the said labour charges would be exempt, if yes, what would be the rate?
Thanks in advance

What will be the married daughter status if father dies before the Hindu Succession (Amendment) Act, 2005. Please clarify in details. Thanks in advance.

As Per Companies Act 2013 in Balance sheet under current assets Inventories are shown, which inventory is this closing balance of last year?
In profit and loss account three entries are shown1)Cost of Material Consumed 2)Purchase of product for resale 3) changes in inventories of finished goods, work In progress, and product for sale is this for current year up to February or before 3st march?
I have searched google for changes in inventories, wip it says the same is produced previous financial year how same is adjusted in this year? this item particularly shown in auto sector companies. Based on this how to do fundamental analysis, if want to make Discounted cash flow statement then how to make, can anybody guide with example?

Dear Expert

we observe that most of company dot show IGST in case of export with payment as it refundable from gov & not recoverable from export purchaser party

is it correct i have doubt on this

Dear Expert

1 my query related to RFD 01

first of all I should put taxable value as per commercial invoice or as per shipping bill fob value as clarified in twitter handle by CBIT in case of export with payment of tax

2. in case of Export without pay Invoice value should be as per commercial invoice or shipping bill as tax is nill in shipping bill however Taxable value is diffrent due to exchange rate

if i take as per shipping bill fob Value & invocie Vale value differ due to e xchange rate taken at different rate

should we should folllow same in gsr 1 of table 6

Please clarify

Hi Friends,
The Input tax credit against any tax invoice pertaining to FY 17-18 can be claimed up to the last date of filing GSTR -3B of September month of FY 18-19 or annual return of FY 17 -18 whichever is earlier.
In my September Month return I have claimed Excess or If the amount is wrongly incorporated. can i rectify it in Subsequent months return?