can composition dealer sale goods one town to another town to retailer in same state? and is any e way Bill required for that purpose?

Want to know everything about E-way Bill

sir/madam please tell the difference between resolution professional & insolvency professional...

when is hsn summary required to filed gst -1?

Mother of karta of huf has given Rs. 3 lacs in cash as gift to HUF. Is it allowed and whether it is exempt under income tax?

Dear Experts,

GST applicability on land developers. Person, who purchases land and he develops the land with an infrastructure such as drainage system, roads and plantation of plants as per the instructions given. After this development of the land, he will not do any building constructions and all. He sales only developed land as plots. As Land is the exempted from gst, is he required to get gst registration, if so, will he eligible for ITC on the material purchased on land development, as land is the exempted from land ? What is the provisions/rules under gst, applicable to this kind of business ?

Vendor is registered in U.P. ,his sales is almost in every state and the number of Orders are also large in numbers , but the price of every product vary from a range of 149 to 1299 .
My Q is , whether it is necessary for supplier to issue Taxable invoice for each and every order made by him through online portal ( all the orders are from unregistered persons e.g. Ram purchases tempered glass for his mobile through flipkart, and supplier is registered on fipkart portal).
Shipping order is generated automatically by Ecommerce Operator for each order, on which every details are clearly mentioned, which are essential for a Taxable Invoice ( Whether we can treat is as invoice or not).
If we can not treat Shipping Order as a taxable invoice but to issue separately then it would be a tough task and also costly for the supplier to issue separately.

Please suggest what can we do to fulfill compliance and also reduce cost.

Thanks a lot!

If an organization has been continuously observing that historically 2-5% of its debtors never pay up. In such a scenario, is it legally possible for the organization to create a Provision for Bad Debts or a Bad debts reserve so that it need not unnecessarily bloat its profit and pay tax over money it is not going to get anyways??

If the above is not permissible, how does the organization get compensated for the tax paid on income never received?

Hi,

Iam a transport commission agent. I arrange vehicles from sub brokers or lorry owners attached to me and supply the vehicles to transporters (GTA).

The transporter pays me the freight agreed. I inturn make the payment to sub broker or lorry owner against a cut or commission.

Let's say I hired a vehicle for 25000/- from a sub broker / lorry owner and supply to a GTA for 27000/-. The transporter pays me and I pay the sub broker / Lorry owner.

So I earn 2000/- which is my commission income.My query is will the 27000/- amount be considered my turnover or not.

Please reply ASAP.

A duplex house in ready position was purchased by Mr. X in a big township in 2010, later on Mr.X sold the property to Mr. Y for full consideration and transferred allotment letter and transfer paper to Mr Y duly signed by both the parties in 2012-13. Property was not get registered by Mr. X.
Now Mr. Y wants to sell the property Mr. Z in 2017 and so on and wishes to get registered the same in the name of Mr. Z by Big Township directly.
My question is whether RERA provisions will be applicable on this deal ? if Yes then up to what extent ?
Can RERA be applicable on already completed residential house property built in 2010 ?