Dear Sir,
I don't have a clear idea about Input Tax Credit.. I am Willing to know what is Input Tax Credit all about?
If a person retires on 30th November then should the salary of that month be included in the average of 10 month salary? in case of LEAVE SALARY.
Respected sir/madam,
while filing GSTR 1E (for exporters) for August month there is an error "previous GSTR 1E not filed"
And for July my turnover is nill so filed GSTR 1 of july month file as zero.
Please suggest whether the portal is not ready for it or any other error.
As per the electronic liability register Rs 56,119 payable balance as on 31st October 2017
As per the electronic credit ledger Rs 14,070 ITC balance as on 31st October 2017
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Nett payable balance Rs 42,049
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Someone has informed me that unless and until 42,049 is paid by e-payment. Offsetting of Rs 14,070 is not possible. Is it correct ?
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what happens if I do not close my capital gain account after 3 years, Is the money freeze or it will be converted in saving bank account, or there will be any notice comes from bank or income tax department for closing of account.
During the year FY 2016-17, the client has sold the residential house and earn the long term capital gain of Rs.5,00,000 in the month of July-16 . Further he has also sold the jewellery and earned the long term capital gain of Rs.2,00,000 in the month of Aug-16.
Whether the client can utilise the long term capital gain earned on sale of jewellery for purchasing of another residential property including the capital gain on sale of residential house.
If yes, under which section he can claim the benefit.
If no, which is the best alternative so that client can minimize the tax liability.
Can a party file applications simultaneously under section 9 and 17 before the Court and the Arbitral Tribunal simultaneously. for interim measures
One employee is Transferred from Bangalore to Noida center in my company and Salary is paid by Bangalore center for some months and get it reimbursed from Noida center by raising JV to Noida center. Whether it will attract GST? Should Bangalore Center charge GST at the time of claiming salary? or It will cover under Schedule III of CGST Act.
This is regarding offset liability of GST. Closing Balance as on 30th September 2017 of SGST ITC was Rs 14,070:
I have submitted GSTR-3-B for the month of October 2017 and I want to offset as follows:
SGST Liability of Rs 10,000 against the opening SGST Input of Rs 14,070
IGST Liability of Rs 4,070 against the opening SGST Input of Rs 14,070
But this way offsetting is not getting accepted. What to do ? Please guide me and oblige.
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