Hello guys,
I have a query regarding tds applicability. My company entered into a consortium with another infrastructure company for a EPC contract. We have been awarded the project.Our share is 74% and we are the lead partner. Both the consortium partner had to do their share of Work and share the profit accordingly.We again executed a contract with our consortium partner deciding all the work to be done by us and to give them a fixed amount. Now we made payment to them when received payment from our client. Is tds applicable on this payment transaction. And if yes then under which section? Please reply asap. Thanks in advance

We purchased a material delivered 100% item .As per terms of PO 70% payment to be made on receipt of materal and balance 30% in subsequently 3 years. Wether we can claim Full ITC in First year on receipt.Supplier has raised 100% value of GST invoice

Dear Experts, Please solve my query which is like this. I had issued bill against sales later party returned few goods in return they issued debit note. Now i want to know that do i have to show amount of whole goods with GST in GSTR 3B or after deducting the value of returned goods of which Debit Note was issued?

Please kindly answer my query..
Thanks in advance..

Dear Experts, Please solve my query which is like this. I had issued bill against sales later party returned few goods in return they issued debit note. Now i want to know that do i have to show amount of whole goods with GST in GSTR 3B or after deducting the value of returned goods of which Debit Note was issued?

Please kindly answer my query..
Thanks in advance..

Dear Experts, Please solve my query which is like this. I had issued bill against sales later party returned few goods in return they issued debit note. Now i want to know that do i have to show amount of whole goods with GST in GSTR 3B or after deducting the value of returned goods of which Debit Note was issued?

Please kindly answer my query..
Thanks in advance..

Dear Experts, I have a query to be cleared from you that we are running a hotel and we get bookings through OYO. After end of the month OYO send us report of details of whole month of room fare collection. In that report OYO is not charging GST with fare which has more than rs 1000 room fare rate. Whereas OYO is deducting GST on its Commission.
Do we have to deposit GST over Billing amount which has been more than rs 1000 or not? And also tell me that how can we take benefit of GST paid on commission?? The GST which OYO deducted on Commission is not reflecting our GST portal where and how can we see that?

Its my humble request to answer my queries..

Thanks in advance..

Dear Experts, I have a query to be cleared from you that we are running a hotel and we get bookings through OYO. After end of the month OYO send us report of details of whole month of room fare collection. In that report OYO is not charging GST with fare which has more than rs 1000 room fare rate. Whereas OYO is deducting GST on its Commission.
Do we have to deposit GST over Billing amount which has been more than rs 1000 or not? And also tell me that how can we take benefit of GST paid on commission?? The GST which OYO deducted on Commission is not reflecting our GST portal where and how can we see that?

Its my humble request to answer my queries..

Thanks in advance..

Dear Experts, I have a query to be cleared from you that we are running a hotel and we get bookings through OYO. After end of the month OYO send us report of details of whole month of room fare collection. In that report OYO is not charging GST with fare which has more than rs 1000 room fare rate. Whereas OYO is deducting GST on its Commission.
Do we have to deposit GST over Billing amount which has been more than rs 1000 or not? And also tell me that how can we take benefit of GST paid on commission?? The GST which OYO deducted on Commission is not reflecting our GST portal where and how can we see that?

Its my humble request to answer my queries..

Thanks in advance..

I CLAIMED ITC FOR YEAR 2017 -18 BUT MY SUPPLIERS HAVE FILED THEIR RETURN IT IS STILL NOT SHOWING ON PORTAL, SO WHEN I ASK THEM THEY SAY THAT MISSING INVOICES CAN BE ADDDED IN GSTR9 IS IT TRUE??

Please answer,

FOR DEPRICIATION UNDER COMPANIES ACT, 2013

LED LIGHTS COMES UNDER OFFICE EQUIPMENTS OR ELECTRICAL EQUIPMENTS, ?