Whats does Table 5. Value of exempt, nil-rated and non-GST inward supplies:- means in return 3B, do one has to file only only those supplies which are used in trading (means further sale) or all supplies including all expenses.

Whats does Table 5. Value of exempt, nil-rated and non-GST inward supplies:- means in return 3B, do one has to file only only those supplies which are used in trading (means further sale) or all supplies including all expenses.

My client is dealer in second hand goods(used Bottle)paying tax on margin basis
(rule 32(5))As per this rule goods purchased from urd dealer no tax is required to be paid under RCM. However if they purchase from reg dealer no input tax credit will be available for such purchases.
But dealer will be paying other expenses ie to contractors for washing bottle and putting them in gunny bags etc ,the payments are made to unregistered person,for which dealer will have to pay tax under RCM section 9(4).

My query is that what ever tax he is paying under RCM on various expenses can we get the settoff(itc will be available)

How to entry pass when interest accrued & TDS has been deducted in previous year and interest received in current year.

are services received by unregistered goods transporter are liable to be paid under rcm basis?

Dear experts

we are registered in Delhi. also have a rented flat in companies name in Mumbai . paying rent monthly. should we deposit IGST on rent under reverse charges or not ? please reply.

How to Tax Computation for the Month of July,2017 for Different Heads
OUT PUT TAX
1) OUTPUT CGST= Rs. 57088.00
2) OUTPUT SGST =Rs. 57088.00

INPUT TAX
1) INPUT CGST =Rs. 39474.00
2) INPUT SGST = Rs. 39474.00
3) INPUT IGST = Rs. 2722.00

Sir / Madam,
Please let me know that I purcahse Rs. 2500/- stationery on 15/7/2017, & Rs. 3500/- Newspaper Exp. on 25/07/2017. I have paid this expense through cash on 27/7/2017 total 6000/-. Then my liabilities create on 27/7/17 (RCM) on total Rs.6000/- ?

Please tell me the gst % for an share trading brokerage firm. Which type of gst return is applicable for brokerage firm.

Hi,
Is there any amendment in Section 54 of Income tax Act for AY 18-19 relating to Sale of residential house property and Investment in new residential property?