There was an Risky profile Alert. Our local IGST team inspected our Accounts and submitted their audit report. Also given recommendation go DGARM, Delhi for removing Risky alert two years back by direct mail. However, we are not getting Drawback amount for our exports which are pending from 2020-21 onwards.

Kindy guide us how to resolve ? can we make our grievance mail through Icegate?. We have sent a letter to Customs- drawback section for direction . But , no reply.

DEAR TEAM,
PLEASE PROVIDE PROJECT REPORT FOR HOTEL CONSTRUCTION IN EXCEL FORMAT.PLEASE.

We entered with an agreement for 2 years for Furniture on RENT which the ownership shall be transferred to the LESSEE either after expiry of 2 years or upon pre-closure of the RENT AGREEMENT with mutually agreed terms.

Now , how to do the GST billing for transfer of the furniture ( by sale).

Example: Basic product cost of the Furniture on rent is Rs. 6,00,000. The principal value of the furniture per month is ( 600000/24 months) = 25,000.
The intrest agreed is 18% per year and total intrest for 2 year is ( 600000x 18% = 108000) Rs.2,16,000 and per month is ( 216000/24months )= rS. 9000 per month.
So total Rent per month is Rs. 25000 ( value of furniture) + 9000 ( intrest component) = Rs. 34,000 per month.

The LESSEE paid RENT for 4 months ( total Rs. 34000 x 4 = 136000). Now the LESSEE wanted to buy the furniture on its cost price.

Total cost price of the furniture Rs. 6,00,000
Less : Principal amount paid for 4 months + 25000 x 4 = 100000
Sale value of the Furniture is Rs. 600000-100000= 500000/=

My query is :


is Eway bill applicable for sale of the furniture ? ( the furniture on RENT was transfered through Eway bill with Delivery Note) and what will be the HSN /SAC code for this transaction.

I have bought a property from an NRI. The NRI has a nil tax deduction certificate from the Assessing Officer, so I did not deduct any TDS.
Do I need to file nil TDS return in this case, or not file anything at all?

MY FRIEND IS A DOCTOR FOR HER I WANT TO PREPARE A BALANCE SHEET . CAN ANY ONE SENT SOME SAMPLE BALANCE SHEET FOR DOCTOR PROFESSION PLEASE.

Dear professionals,

The Karnataka Electricity Board has sanctioned a power supply to a particular industry and has levied some conditions to it and one of the conditions prescribed is payment of GST on supervisory charges and the SBC(SWACHH BHARAT CESS) in respect of GST we can now pay by logging into the GST Portal and now the question is
How do I make payment of SBC?
Further I tried to log in to the portal https://cbec-easiest.gov.in/EST/ but it has become redundant
Hence I request you to kindly clarify the issue.

GST purchase of service entry in tally (Under Direct expenses or indirect expenses) & If indirect under which head

Respected Expert,

We are doing business of data entry work for Outside India & we shall raise the invoice without GST against LUT & We are quartely basis.

Kindly advise how to file the GSTR 1 / IFF on monthly basis as we have not any business of B2B. we have made all sales outside india & made invoice NO GST against LUT.
OR
We have to file NIL return ?

Kindly advise

Hi Everybody,

I have summary value of 2A from GSTIN portal (Comparison sheet) as well as , month wise 2A document wise data , but after verifying both I cant match them on period wise i.e monthly ( whether filling month nor 2A month.)

please suggest me possible way to do the needful.
( for ex: as per summary I have Net FCM ITC of 2,00,000/-, but as per available 2A monthly data 3,35,000/-)

Respected Sir I have filled return u/s 139(8A) but return is defective or incomplete . the notice received as per below reason Return has been filed u/s 139(8A), but it is not accompanied by the valid proof of payment of tax as required u/s 140B. i have filled return of 3 lakh fifty thousand income , i have Paid 1000 Rs. Late fees under self assessment Tax (300) there is no tax Liability arised u/s 140B so why i have received this notice and How to Respond this notice ?

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