My client is a private limited company, it has registered GST number, however the turnover last year did not cross Rs.20 lacs, so they did not raise bills with GST. Are they required to raise bills with GST and deposit GST.

Dear Sir

We had paid salary to an employee Rs 1.00 lakh p.m after deducting TDS (tds deducted on estimated yearly salary Rs 12.00 lakh )

P.M. SALARY PAID

Salary 100000.00

P tax -200.00

Tds -14745.00

Net pay: 85055.00

After paying apr +may+june (85055x3) said employee left the company

Now while we generating TDS return on gross PAID salary RS 3.00 lakh how we show tds total 14745x3 = 44235.00 IN Q4 SALARY DETAILS (FORM24)

PLEASE HELP

My client has registered GST, for a private limited company, however the turnover of the company has not crossed Rs.20 lacs. My query is whether the client has to raise a bill with GST or without GST.
Pl reply at the earliest.

What shall be the accounting for dividend paid in excess of that proposed for the last year?

Can it be shown as exceptional item?? or under reserves ?

Sir,

we have supplied material to a buyer one is SEZ and the same person delivery to non SEZ.
we have billed it on the name of SEZ BUYER and material sent to non SEZ by tax LOCAL csgt and sgst.
My question is whether it is correct

Dear Experts,

If someone has
A) two distinct GST Numbers for two different businesses but under single proprietorship and
B) 1st business has turnover of 4 to 5 lakh annually and
C) 2nd business has turnover Appx. 2.5 to 3 Crore.

Can he select GSRT 1 frequency Quarterly for 1st business & monthly for 2nd business.

Dear Sir
one of my client is saling his finished goods to his customer,and after 9 months he was called and asked to give Rs 5/- per kg rebate and a debit note is handed over to him. now my question is how would this debit note will be treated or adjusted pls explain. it is urgent

Hi All,

Is it mandatory to mention GST number on the letterhead of the company ?

If so could you pls share the relevant section/notification

Thanks in advance

If partner purchase property in their individual name by paying advance from withdrawal out of firm and balance by mortgage of said property can firm claim interest on such loan if such property is purchased for business of firm but in the individual name of partner and firm is not a party to loan.

Dear expert, My vendor XX ltd provide the erection service of rs 1000000. As per the agreement term we are hold 10% of value as retention. some vendor charged GST on Rs 10 lakhs and someone charged GST on 9 :Lakhs only. My doubts is :
1. GST is applicable on retention value or not ?
2. The vendor Ltd charged GST either Rs 180000 ( 18% of 1000000 ) or Rs 162000 ( 18% 900000 ) which is right ?.
3. How much we should paid to the vendor either Rs 1080000 ( 900000 + GST 180000 ) or Rs 1062000 ( 900000 + GST 162000 ) ?.
4. TDS to be deducted under Sec 194C or 194J and what is the taxable value for TDS deduction either 10 lakhs or 9 Lakhs.
5.