Hello,

I am a small business owner. I had purchased commercial property in the name of my wife and take a loan from bank. Loan is jointly taken in the name of mine and my wife. Loan is repaid from my proprietary concern.
Property is used by my proprietary firm.

Should I have to pay rent to my wife?

What will be the implication of GST?

Interest paid to bank should be eligible for deduction?

Please guide me.

ex. invoice issued 990 on 1.10.17 payment received 1000 on 15.10.17 excess payment = 10 now next month invoice issued 990 on 1.11.17 payment received 980 on 15.11.17 my question is that what will be the time of supply for RS 10----1.10.17. or 1.11.17??? which invoice date does proviso to section 12(2) refers????

Dear Sir,   Greetings from Ocean Interiors…!!! With reference to the above subject, we would like to introduce ourselves as M/s.Ocean Interiors (P) Limited and are in this industry for more than two decades. We are allied to businesses like Infra, Civil Construction & Turnkey Fit-outs.  As of GST is concerned, we are facing day to day issues on the below aspects for which we need better clarity and solution to proceed further. With respect to SEZ projects,  ·         Does our client need to have separate GST registration for having SEZ unit? ·         Do we need to provide/submit any bond or letter of undertaking to the Government? ·         For getting exemption, do we still need to issue ARE-1 form to our supplier? ·         What are the documents we have/need to maintain? ·         We understand that, we can avail Input Tax Credit; request your inputs on the same. Your clarification in this regard will be very much valuable to us.

A lecturer having a total income of Rs.10,00,000 in a year, located in the state of Maharashtra, delivers a lecture in the state of Gujarat and earns an income of Rs.5,000 from that lecture. Will he be liable to get registered under GST on account of the interstate supply?

I have 9500 as f&o Income & 192500 as speculative income. STT paid on speculative income is 13772. T/O comes to 315347 for positive and negative figures of f&o and speculative trades. Got other house property,capital short term gains and interest income. Can I show above Income u/s 44AD in ITR 3 .Do I need to file Balance sheet and Profit & loss a/c?I have shown Gross Receipts 315437 Gross profit 215436 Expences 13772 Profit u/s 44AD 187892.please reply.Thanks

I am online chocolate fudge seller made in my kitchen unit using e-commerce platform. I want to register for GST. What GST rate is applicable for me? Can I use non-AC restaurant code ( service code - 996331) and apply 12% GST rate? OR HSN code of chocolate product - i.e. 28% to be applied?
Can anyone guide?

plz clear in which section income calculate 44AD OR 44ADA?

GST rate on service taken from unregistered service provider from inter state how to raise bill under RCM from professional .

GST rate on office rent.

If I provide Management consultancy and commercial coaching services to various states, but dont have any fixed establishment in any of the state other than Maharashtra where I have obtained GST registration. Whether I am liable to register seperately in every state ? OR Single registration will do, if I charge IGST on services provided in other states?