We have two segment of income one is interest income and other is brokerage income. Interest income is exempted from GST and as per latest amendment service provider with total turnover of Rs. 20L is exempted to take registration of GST. If we combine both the income than our turnover exceeds 20L and if we take only brokerage income than our turnover is within 20L. My query is that should we take registration of GST. Please suggest what should be done?

Dear Sir,
I have also filed GSTR-1 for the month july 2017 but B2B sale to Registered dealer wrongly computed in Unregistered column. please suggest any rectification possible or not in future.

Generally pension received after one or two years of retirement and received for those two years in current year in that case can we claim relief under section 89……?? though this is not of arrears..as it was due in previous year itself but we cant file return for those year as we don't know exact pension

what is the SAC and Tax rate for 'right use of an item' ????

My query is "My client (Proprietorship firm)has approached a bank for a Term loan proposal. The bank has since asked for a Ca certificate from my client's CA." "Does anyone have a specific format for issuing a Ca certificate for Term Loan and this loan for investing in business and paying the unsecured loan .I had asked the bank for a specific format which they must have for such a request. But they do not have a format. Please suggest and help.

Dear Experts

Kindly advise what is rule for Input Tax Credit under GST law for Capital goods.

Turnover of Firm is 1,23,55,000/- and Net Profit is 7,14,000/- i.e. around 5.8 % of Turnover. Under which sec. audit is require in Income Tax act and whether the firm can give remuneration to Partner under sec. 40b and how much.

Dear Sir / Madam

Can you please help me in GST regime we are a manufacturer and purchased 2 machines for manufacturing purpose. We are using for manufacture of that machine for domestic sales and Export sales under LUT.

In this case can i take full input GST credit in one installment?

Kindly advise sir.

Dear Experts, Is GST payments are required under Reverse Charges after the GST council meeting on 06.10.17. In case if any one issued tax invoice on Reverse Charge for the month of sept'17 he should pay the amount on or before 20th Oct 17. Thanks.

Hello sir,
I want to ask that my father sold some part of property and received cash as advance he has given me to deposit this cash in my saving account. i would like to ask that if
i deposit this amount in my bank account then will i get any income tax notice from IT Dept. to clarify the this amount.

Please reply ASAP