Dear sir,

Registered Manufacturing company are eligible to take INPUT tax credit on not on freight charges (inward freight- raw material & outward freight - finished goods) paid in RCM basis
please provide the details.

Thanking You,

Dear Sir,

We deposited TDs on Contractor - corporate account wrongly instead of TDS on contractor Non corporate. of Rs 1000/-

Can we adjust the same amount TDs on Contractor Non Corporate which was paid tds on contractor - corporate

Urgent reply would be appreciated to us

DEAR SIR,

WE ARE THE IMPORTER AND TRADERS IN KOLKATA BASED. WE IMPORT FABRICS FROM CHINA AND SELL IT IN LOCAL AND INTERSTATE MOSTLY. MY FIRM IS AUDITED EVERY YEAR. OUR SALE IS MOSTLY CASH SALE TO A UNREGISTERED BUYER. MY QUESTION IS WHAT IS THE HIGHEST SINGLE INVOICE VALUE ON WHICH WE CAN ACCEPT THE CASH FROM THE CUSTOMER.

I WOULD BE VERY THANKFUL AND GRATEFUL IF YOU FURNISH ME WITH THE INFORMATION SOUGHT ABOVE.

I am existing taxpayer in Vat in Uttatpradesh my annual turnover is blowmuch 20 lacks so I want to cancel my VAT registration, and GST REGISTRATION IS ANY tax is payble on closing stock on 30 june 2017 ? ,, I had SMADHAN scheem for 2017 - 2018

I am an registered dealer in gst in Rajasthan and my business is to purchase iron scrap (declared commodity) and motor parts scrap from various unregistered dealers in Maharashtra how can I deposit gst in reverse charge and where it is deposited in Rajasthan or in Maharashtra ?

Assessee having income of profession below 50,00,000/- whether assessee need to done tax audit if profit is below 50%? and if he opt. for presemptive taxation what will be the impact?

Dear Sir,

I am a jobworker in Gujarat. i do a jobwork of a party of Madhya pradesh. The party of MP send me a raw material for jobwork before 30/06/2017. so, if send a finished material of jobwork to party(OF MP) after 01/07/2017. It is taxable or not ?

Dear sir,

Since for registration under composition scheme the dealer should not do inter state purchase. But If a trader resides in andhra, purchases goods from Hyderabad will be treated as inter state purchase. If he is doing such kind of purchases, whether he is eligible to register under composition scheme.

Hello Collegues,
I have one query. I have filed Income Tax Return in Form ITR 4 for AY 17-18 on 1st week of June 2017 & e-verified through Aadhar OTP. But it is not yet processed. Can I know the time limit within which Income tax department completes the processing of Income Tax Return and dispatch the refund....?

In case of expenditure incurred by employees on behalf of company for the repair and maintenance or for some other reasons and get its reimbursement from company than what would be the treatment of GST.
Case 1 : If goods or services are taken from Un-registered supplier .
Case 2 : If goods or services are taken from registered supplier