Hello,

I have a question. It is very clear that being a proprietor if my business income is more than or equal to 8%/6%, I can simply go for presumptive taxation and no tax audit is reuired

But my question is if my income if less than specified % or in case of loss, if I am filing ITR 3 along with financial statements means Balance Sheet and P&Laccount, even than am I required to have tax audit?

SIR
i obtained gstin in the month of august should i charge gst on my backdate bill of july month & how to file gst return for the month of july 2017 because gst portal is not showing july month in return portal, it shows only return period august 2017 ?

I have one querry regarding GSTR3B that where I should entered advance entry? where not yet any transaction takes place and second such advances or Purchase orders really has to be enter into This return or not. Please clarify for the same. Thanks to expert.

Sir,

A person running four different shop in same state ,with different name,whether he has to register with different GST, or one GST is enough for all shop.Please advise.

we are exporting a material which is laying in our stock. we charge igst in our invoice. value value will be usd500 + igst. wht amount the exporter will give us? only mterial value or material value +igst??? plz clarify urgently

Dear

Assesee sold a old house property in FY 2016-17, which was bought 10 years back. Land cost can be obtained from the land document. However no records are available for cost of construction and cost of imprvoment .

How to calculate the cost of improvement and construction when no data is available

Also when immovable property exceeding 50 lac is purchased jointly (say husband and wife), then 26QB to be filed by both of them or one 26QB will do? because have seen department sending notice to wife, when husband has duly filed 26QB on whole consideration. Is action of the husband valid? answer backed by law is requested.

We are registered GST at Maharashtra. Immovable commercial property at Gujarat, whether need separate GST registration in Gujarat as property located in Gujarat or charge IGST on rent invoice for Gujarat property and mentioned my GST Number at Maharashtra.

Sir,
Ours is a purchase and sale company. Along with this purchase and sale work, We are also implementing some Govt. Schemes like conduction of exhibitions, setting infrastructures under the Govt. schemes using the fund received from the Govt. as Grant for the same.

The expenses pertaining to the above Govt. schemes are accounted separately and would not reflect in the books of accounts of our organisation pertaining to the purchase & sale.. Both are audited separately and reported separately.

In the above scenario, Can we claim input tax credit for the taxes paid on the above Govt. scheme expenses to set off of GST collected on our regular sale of our products.

I am working as a Travel Agent including online mobile and Tv recharge, Insurance renewal etc via a portal and my turnover upto July'17 11.50 Lacs . Is my category fall under e - commerce and registration under GST is compulsory.
if YEs then what will be HSN Code?