Dear sirs/mam. Please let me know what about ITC availability on invoice of Gift Itmems 1. a event company purchased the Gift items for giving to his exhibitors/Clint's 2. For giving to his employees and vendors suppliers etc. As Diwali Gift Please clarify we can Take ITC situation s. And also Sweet bills. Thanks

Dear experts,

one of our clients had a query with respect to availability of input tax credits.

in initital months say july 2017 to oct 2017, our clients failed to update GST num for their vendors, hence in invoice service receiver GST num has not been updated. but they have claimed credit in earlier months.
question1: now do our clients need to reverse availed credits?
question2: or can they approach their vendors to update the GST num on invoice and can they ammend their GSTR1 now by giving credits to our clients?

Dear sir/madam
Whether it is advisable or not for a CA fresher to join icici bank as a relationship manager with CTC of 6 lac.i am interested to make career in banking sector.
Please guide me.
Thanks in advance

What is the treatment of bad debts written off in cost sheet?

We our products sales by delivery company
And delivery company make payment after cut of delivery charge how to accounting.
Please reply sun as possible.

Regard
Jayesh kathrani

Sir, I would like to know the GST tax rate with SAC code for Matrimonial service. Whether GST applicable for international matrimonial service? Please clarify

Dear Expert,
I am registered as GTA in GST regime but do not own any transport vehicle. I hire vehicles from local transporters who are normally unregistered in GST regime. I ask them to provide their invoice in my name. After keeping some margin, I issue invoices to my clients and write the line ''GST SHOULD BE PAID BY CLIENT @ 5% UNDER RCM''.
Now, my query is :
1. Whether GST under RCM @ 5% should be paid by me too on invoices received from URD.
2. If No then under which provision it should not to be paid.
3. If yes then ITC can be availed by me or not.
4. I have hired a vehicle from registered GTA in the month of Sept-18 and he has provided me his invoice. While checking the GSTR-2A, I
came to know that he has uploaded the invoice stating that the GST should be paid under RCM. Under this situation, whether I have to paid
GST under RCM or not.


Thanking in advance,
Vinod Kumar Shukla
9167230106

We are an export house based in Kerala. We send documents against exports directly to our buyers. When the buyers send us payment for the full amount we do not receive the full amount and an amount of US$ 30-35 is short received as the same is deducted by the intermediary banks. Our bankers say that unless the full amount is received they will not regularise the bill. Is there any RBI circular or rule that allows our bank to regularise the bill.


Regards
Sajjad

How will be the capital gains taxed in the following case:
Mr. S has Purchased a House Plot in the year 2010 for Rs. 5,00,000/-
He Started Construction in the above plot in the year 2017 and Completed it in the same Year. Cost of Construction of the house is Rs. 1500000/-
In the Year 2018 (After April) he sold the above property for Rs. 35,00,000/-

How will the above asset taxed to captal gains. Is it Total Long Term Capital Gains or should we bifuricate the land value and construction value as LTCG and STCG. Plz Clarify.

My Company is incorporated on 10th March 2017.

Auditor has done audit from 10th March 2017-31st March 2017.
and also for 2017-18.

When the Company is need to held its first AGM , because as per provisions of the Companies Act, 2013, the first Financial Year can be of 15 months.