I am carrying of retail cloth business and unregistered dealer under earlier law (i.e. VAT & excise) bcz cloth was exmpted goods in the previous law. Now under GST cloth is taxable goods. Our Annual turnover 40.00 lakhs (Approx). All the stock as on the appointed day is purchased from Unregistered dealer. Stock held as on 30/06/2017 included purchases from outside state & unregistered dealer. My Q. is- 1) Can I opt. composition scheme under GST? 2) Whether any details of closing stock as on 30/06/2017 is to be given to department regarding the stock as earlier there is no VAT levy? 3 ) If yes, then in which format. 4) if i want to go for composition scheme, then first to pay tax on the basis of reverse charge on our stock, or is there any specific expemtions to new registration made on the appointed day.

Please let me know the code of Rent , Security, Advertisement& Prof charges along with rate (if RCM also).and also inform from which official site we can get the full details list.

Amit Nandy

Whether GST is applicable under Reverse Charge on the fee payable to CAs and CS including advocates or only any specific class? Please suggest with reference to relevant section and rules....

Sir i have some outstanding service tax dues to the department.The department has passed order to pay along with interest and penalties. The major amount of service tax hold by my client. After several reminders he is not willing to pay. For this delay I have to pay interest and penalties or I can go for appeal please suggest.

what is HsN code for 1. Diamond Trader 2. Diamond Manufacturer 3. Diamond Wholesaler 4. Diamond Exporter 5. Diamond Trader, Manufacturer, Retailer, Wholesaler,Exporter

What is the current GST rate of synthetic Sarees and what is the hsn code for synthetic saree

Hi, I run an advertising agency primarily dealing in print media. As per Service rates booklet on CBEC website rate for Sale of space in print media 5% GST is applicable and GST rate of 18% is applicable on SAC 998362 (Purchase or sale of advertising space or time, on commission). The confusion begins when 1 buy space from a publication and sell it to client. Publications sell space on X rate which is a gross rate trade discount is X - 15% for eg: cost of space is Rs. 100 amount charged to client is Rs. 100 amount paid to publication is Rs. 85. Assuming that publication will invoice me Rs. 100 less Rs. 15 i.e Rs. 85 plus 5% GST. How am I supposed to invoice my client, I have sold space to my client at Rs. 100. Should I invoice Rs. 100 + 5% GST or Rs. 100 + 18% GST OR Rs. 85 +5% GST + Rs. 15 + 18% GST.

hi i want to know how important is STPI registration for a KPO. we are in to 100% UK accounting and we are registered with STPI. want to understand what will be effect if we surrender our STPI registration.

My father bought me a Laptop for my personal use in my name. After completing my studies, I have joined my father's business who is a sole proprietor and now I am using that laptop for business purpose. My query is that can I show the laptop in my father's books of accounts, by selling it to father's sole proprietorship firm? At what value should I sell the laptop? Can depreciation be claimed or not? Can I charge repair & maintenance expenses of laptop after showing it in the books of accounts?

Rent agreement in name of husband and proprietor of business is wife. can we upload rent agreement as a proof of place of business in gst registration.