Virendra Shah

Our client has purchased a land, and, the owner of land is ready to accept 5 Flats from the complex being constructed as consideration. (Total Flats being 10, 5 to Owner of land, 5 Kept to self for Sale)
There is no cash being paid as consideration & land as per rules, is not taxable under GST but residential dwelling construction services are.
Can anyone please explain how will it be treated under GST?


tatineni purnima
28 November 2017 at 11:51

Construction service

Sir/Madam
Please clarity for the following
We are doing construction activity. Taken land from the owner and in return given share of built flats to the land owner. (3 flats out of total 8). please clarify the applicability of GST on flats given to land owner


Brijesh
28 November 2017 at 11:44

Rights issue

Dear Experts,

In Case of Rights Issue. After receiving the rejection of Offer from the existing shareholders, Do we need to conduct a Board meeting for disposing off the shares to others. and subsequently another Board meeting for Allotment of Shares. Please let me know the exact procedure for the same.


eranna
28 November 2017 at 11:25

Reimbusement

Dear Sir,

One of my customs clearance agent given bill for export shipment, but he given only he bill include all reimbursement expenses. But he is not given support bills As per IT act support bills is required or not ? please guide me



Anonymous


We have provided transportation services. As per agreement Toll Tax reimbursement at actual. We have submitted two separate bill one is transportation & other reimbursement of toll.

My query is can we submitted Toll reimbursement under reverse charges or claim GST.
Pl. clear the issue.

From L.D.Dharmadhikari



Anonymous

We are composition dealer at Amritsar dealing in textile products. Our closing stock as on 30.06.2017 is rs2800000/under vat and Rs 1200000 under tax free goods.We do not have vat due or refund.My question is whether we have to pay gst on this stock and if yes up to which date.please clarify.



Anonymous
28 November 2017 at 10:36

Windmill related

Dear Experts

we have ( Pvt Ltd Company) decide to purchase 2nd hand windmill form GST registered person my query is

1. in 2nd hand windmill we claim the depreciation in IT Act OR not
2. 80I deduction is available OR Not
3. we Claim the GST Input OR Not

please clarify the above

Thanking you





NATVARBHAI K PRAJAPATI
28 November 2017 at 10:08

Gst-1 filling

DEAR SIR
I MY CASE TORNOVER IS LESS THAN RS 1.50 CR I HAVE FILE JULY GST-1 AS PER NOTOFICATION DT 15.11.17 FOR AUG & SEP FILLING ON GST-1 RETURN IS MONTHLY OR QTRS ? IF QTRLY STILL DATE GST PORT NOT SHOW AS QTRS PERIOD

PL ADVCEE ME


Dr. Devendra Kachru

does it apply even for purchases made within state or only for CST purchases


Ishaan Agarwal
28 November 2017 at 00:28

Financial accounting

The Cost of Inventory of Rajasthali Ltd. as per physical verification as on 24th March, 2016 was `4,00,000. Goods are sold at a profit of 25% on cost. On 27th March, goods of the sale value of ` 1,00,000 were sent on sale on return basis to a customer, the period of approval being two weeks. He returned 20% of the goods and approved 80% of the remaining on 31st March. Calculate the Cost of Inventory as per Books.
Given Answer: Rs.3,48,800/-
My answer coming is Rs.336,000/-

Please help. Urgent Dec2017 CMA Exam.






CCI Pro



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