Dear Sir/Madam,

Some of my friends are saying that a company can get input tax credit against every GST paid by it while making purchase.

My question is this: company makes a purchase of raw material and pays GST to vendor, uses the raw material for production of exempt products.

Now whether the company can get input tax credit (and thus reduce its tax liability against other TAXABLE products sold by it?)

Thanks.

Can anyone provide sample of Internal audit report for the company having retails outlets across the country

a person whose business is to provide goods from seller to buyer for which they charge commision from buyer.... seller made bill on the name of buyer ...there is no. tax eligibility of that person till now in any of the tax structure except tds under section 194h which was deducted by the buyer... is he eligible for registration under gst

Dear Sir,

I have received ARN NO as well as Provisional ID No. While issue sale/services bill which number mention on bill.
Pl. confirm

how to control tea & food distribusion expesn in a factory which is distributed to labours through external vendore ,
presently the system is paper coupne but it is costly and non ecofreindly please suggest cost saving

whether service tax is leviable if a commission agent gives a credit note instead of invoice pls answer urgent

Dear Experts, Sir I have passed my group 1 exam in may 2016 and cleared it and joined in articles and I wrote my Group 2 exams in may 2017 and awaiting for the result and now I could not able to register for the Ca final Exam. Now I would like to know whether new CA final syllabus will be applicable to me or not? Please help me in this

Dear All

I have a client who is registered in Delhi VAT as Normal Dealer but want to transfer in GST as Composition Dealer.

What is his position for Input Tax on Closing Stock held on 30.06.2017?

Regards

Rajeev

sir i purchase a air conditioner on rented on rs. 26500 (including all taxes).now how many tds deduct on this entry

In "No Accounts" case should depreciation be included in "Expenses" -entry 53 c, or not? The depreciation schedules are being filled properly. The assessee is opting for 44AD and shows 8% profit under item 35i in schedule BP