We are are consultants who are paid commission from exporters. We have GST registration and we are charging and depositing GST at the required rate of 18%. In this case can we opt for quarterly returns? Or are we required to file returns every month? Our GST practitioner is charging us for filing returns every month. We want to know is it really needed?

Dear All,

We are transferring or selling vehicle to employee form company to employee on basis of below calculation.
Original Asset value -7,99,997/-(Purchase Value of Company) , Sale Date on 01/09/2017 sales value on sale date is Rs.5,32,435/- (after depreciation) depreciation value up to sale date is Rs.2,67,562/-, but we are transferring to employee of Rs.4,92,000/-.

which value we have consider for GST calculation sales value or transferring value

Dear Experts.
I do retail sale of cell phones some of the mobiles are above 50000/- per pcs. Pls tell me since for one mobile no one would hire the vehicle I mean No transportation is involved thereof. In this case whether e way bill is required or not,

Thanks
Vikas jain

Respected members, experts of forum,

We have supplied materials almost around 20L to BHEL. We have been promptly filing GSTR1 so that buyers can take credit. But we have not filed GSTR3B for the last two months. Now the above said BHEL company has blocked our payment saying that we have not filed GSTR3B for last two months. We told that is not their issue as we have filed GSTR1. We also said only CBEC has rights to enforce GST or else they add penalty.

But BHEL has blocked our payment. Was my argument is right. Is yes then what is the option to get my payment back. I have spoke to them it is no use.

Thank you for your replies.

Sir,

Query regarding this transaction ( error) comes under the exemption of GIFT TAX?

A person run a proprietorship concern/business who received from his relative a lump sum as gift for his another business startup. Here what happened by mistake is that the relative ( amount giver) given a cheque in the name of business concern not in the name of that person (amount receiver).

In that situation can a person ( amount receiver) claim that amount claimed as gift ?

Respected Seniors,
Please advise what action we can take against our vendors who has not filed their gst returns for 2017-18 in spite of regular reminders.
We have some vendors who has not filled their GST returns for 2017-18 due to non filing of returns their invoices has not reflect in our GST portal. We have also paid full payment to vendors.

Hi,

Can anyone tell me that hospital should be incorporated as a trust or hospital? which one is beneficial for long run?

Dear experts, I am handling proparitor ship account the query is my boss brought new cars in the name of personal without GST Number. can I take tax benefit in ITC

Hi,
What would be the ideal time period to opt of composition scheme?
And how much time does it take to opt out of composition scheme?

What are the implications of opting out on return filing?
For Example :
If I opt out of composition scheme on 30/11/2018, do I need to file GSTR 1 for the months oct and november or GSTR 4?

Example 2 :
If I opt out of composition scheme on 31st December 2018? Do I need to file just GSTR-4 for the 3rd quarter or do I need to file GSTR-1?


And also, if I apply on a particular date for opting out, will it be applicable from same day or not?

A prop. of firm and a regd. dealer under the GST in Delhi, has purchased the goods lying at Chennai from a party of Maharashtra on as is where is basis for Rs.200 lac. The sale agreement has drafted and a consolidate bill Rs.200.00 lac has issued by seller and IGST charged. Now I am dismantling the unit in chennai later on to sale the dismantled goods.

Should the prop/firm take another GST no. in Tamilnadu or can sale the goods on existing GST number of Delhi?