Thank you for your response sir.
This flat is for my personal possession and I am not selling it to anyone. I read in one of the online site's that GST would be applicable only when there is a sale transaction but in my case there is no sale transaction. I am also not taking monitory benefit from Builder other than my flat area share from the builder. Thanks, please advise.
Nitin
weather lease rent recieved from leasing of commercial property is exempt or taxable?
if my input tax credit balance is always more than output liability than what about balance of tax paid under reverse charge under cash ledger?
Where will this income (from renting vehicles) be taxable under itr 4 of income tax.
when create new username and new password system display "system error occurred. please try after sometime on gst portal"
As per amendment in section 44AB(d) does the persons having turnover of less than 1 crore require to get accounts audited if his turnover is less than 8.??
Dear Friends,
Let me know that whether above notification will apply GSTIN wise or Branch wise or company as a hole...
I means, Exemption from paying GST on reverse charge upto Rs. 5000 in a day will apply per GST Number-wise (e.g ABC Ltd. has so many business verticals at one location & having so many GST Numbers) or per Branch wise (e.g ABC Ltd. has so many branches in one state) or Company as a hole (Consolidating all branches financial results).
Plz. Clarify....
CAN GST....REQUIRE FOR PANI-PURI & BHELPURI...& SNAKC PROVIDE.....TOTAL TURNOVER 22 LAC...
CAN WE SHOW....SAME NAME OF BUSINESS.....
TOTAL 3 DIFFERENT PLACES IN MAHARASHTRA...UNDER ONE ...GST NO
IF YES.....
HSN OR SAC CODE ??
CAN
OPT FOR COMPOSITION OR REGULAR
LOOK4U@REDIFFMAIL.COM
I First time login and after successful login, porter show new id and Password creation option. but after fill new id and pwd, portal show :
it is system error please try after some time.
such problem still pending after two days.
please solve problem.
Hello,
Suppose there is a situation where Mr.A (Jewelery Shopkeeper) & Mr.B (Customer), Mr.B went to Mr.A's shop for buying some jewelery worth Rs.10000/- & he exchanged some of his old jewelery for Rs.3000/- & on billing Mr.A charged tax @3% on Rs.10000/- i.e he collected Rs.300/- from Mr.B in form of tax. But, Mr.B argued with Mr.A that you should charge tax on after deducting Rs.3000/- from Rs.10000/- i.e. on Rs.7000/-.
Who is correct Mr.A or Mr.B ?
Please do reply.
Thank You.!
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Gst liability of land owner- development agrmnt with builder