Hello, I am raising one query regarding GST on import of services. Need your help on the same.

One Indian Company has imported vessel from Korea to Gujarat. It has made payment to intermediary/broker located outside India (Singapore) who helped the company to final the deal. Is the company liable to make payment of IGST under RCM or not?

DEAR MADAM/SIR,
PARTNERS INDIVIDUAL S/B ACCOUNT BANK CHARGES AND S/B INTEREST ARE TRANSFER TO PARTNERSHIP FIRM PROFIT AND LOSS A/C IS CORRECT OR NOT IF WHILE FEEDING S/B ACCOUNT DETAILS CASH DEPOSITS ARE DRAWINGS IN THE HANDS OF PARTNERS

PLEASE SUGGEST ME

REGARDS

DEAR MADAM/SIR,
WHILE FINALIZING PARTNERSHIP FIRM ACCOUNT, PARTNERS INDIVIDUAL S/B ACCOUNTS BANK CHARGES AND S/B INTEREST SHOULD BE TRANSFER TO PROFIT AND LOSS A/C OR NOT. CASH DEPOSITS ARE DRAWINGS FOR PARTNERS PLEASE GUIDE ME

REGARDS

ABC( Firm-employer) "R" (Employee)
Employer paid LIC premium for "R"

My query is: (From the part of Employer)
1) Can Firm(employer) show it as expense.
2)If yes, under which head it can show?

My Query( from the part of Employee)
1)Is it , taxable perquisite of employee ?
2)Can it, claim under 80C

Sir, kindly give a detailed reply the effect in the both side...
Thanks in advance.

SIR,
We sent goods without e-way bill but with invoice. will any issue come? what to do.
please suggest us.
thanks in advance

Dear Sir,
My question is that is claim available (ITC) against Tax Paid (GST) on Business/Sales Promotion like Hotel Charges, Lunch & Dinner, Purchase Gift Items like Titan Watch, Money purse etc?
If yes, what are the criteria? Please describe briefly
I not get proper answer from anybody. They say difference view. Pl clarify

Im given to do statutory audit of ovt co, dealing in medicine distribution, they work on purchase and consignment model business structure. I recently joined and have no idea what to be done. how to do GST audit. im being given gstr returns n tally backup.
please guide I ts urgent or else will get removed from job

DEAR EXPERT

KINDLY CONFIRM,

A PERSON ENGAGED IN SUPPLY OF BUILDING MATERIAL LIKE RETI, KHADI, SAND, Etc THROUGH HIS OWN TRANSPORT VEHICLE. SUPPLY OF BUILDING FETCH UNDER 5% GST, ALSO TRANSPORT OF GOODS FETCH 12% GST, ALSO SUPPLY OF BUILDING MATERIAL IS PRINCIPLE SUPPLY, HENCE CAN SUCH A SUPPLIER COLLECTS 5% GST ONLY, ON SALES BY CONSIDERING THIS AS COMPOSITE SUPPLY, IGNORING 12% GST ON TRANSPORT OF GOODS.

Dear Experts

Kindly advise we have purchased PAY ROLL SOFTWARE, for this can we eligible for ITC under GST and how to treat this we have to Capitalise or book expenditure

sir my employer gives me house rent allowance of rs 18000 per year but i paid 75000 rent per year is there any way to save all my 75000 from my taxable amount.