I am Individual having warehouses which are rented to a Company. From July17 to March 18 i have issued Rental invoices and received payment in respect of the same and paid GST and filed returns on the same. Now I want to Convert Above rental invoices into Advance Amount on 30-06-2018. What is the procedure to show as Advance which will be adjusted in future.

Kindly help me in this regard

I have a query is that which amount of sales is to be considered as turnover mean that taxable value or invoice value.
I am confused because there comes only taxable value of sales invoices in P & L Account as Sales.
So please give best advice about the same.

Dear experts,

I am a civil contractor my electronic credit ledger balance is Rs 12000/- through ITC accrued through Inputs. Being a civil contractor, Can I avail refund of the amount or adjust my further tax liability ??

Regards

Is there is any tax liabilty of GST on captive consumption.

Is there is any tax liability of GST on stock transfer

What is the difference between stock transfer and captive consumption.

Please throw light on the above queries.

i have taken an LC from bank import materials from USA. Due to some reasons the materials the reached the Indian late and by this time LC is got expired.

Now for getting the materials from the port, whether i need to take new letter of Credit from bank or not required.

Please suggest me, to resolve from this problem.

Dear Sir,

Kindly elaberate M A T with one example

I am fleet (truck/trailer) owner. We give goods transportation services. and also provide vehicle on monthly fixed rate and charge GST 18% on the same.

I have purchase a new vehicle (truck) and GST charged by dealer. please suggest, can i claim/adjust GST Input against our GST payable?

Please suggest

Best Regards

Sir,

In Incometax Turnover means Sales including Tax or Sales without Tax to mention in Profit and Loss A/c.

And GSTR1 which turnover mention including tax or without tax

Please clarify

Thanking you

Sir
One of my client belong to Photography Profession, before A.Y. 18-19 i had filled return as 0714 service Provider.
But now all codes has been changed.
My question is if I am going to file As profession code 16009 with income and expenditure a/c then 44AD will be perfect or Not.?

Dear Sir
While Preparing the MOA for company registration how can we give the auxiliary objects?The main objects of trading and servicing the POS machines and Developing the same.Please quote some auxiliary objects.