CA R SEETHARAMAN's Expert Profile

Queries Replied : 42596

I am a retired Executive Director/Finance of a Navratna PSU.

What kinds of questions I can and can't answer?

My area of expertise

My experience in the area (years):

Organizations I belong to:

Publications or writing which has appeared :

Educational credentials:

Award & Honors:

C B Prakash says : Sending goods outside India on auction basis
Sending goods outside India for auction. Example company A in India send machines to Mexico for auction. Price will not be known at the time sending the machines. Only auction agreement will be made available to us. How do I send the machines? and at what price I have to issue the invoice?. Price may change according to the bidding in the auction i.e, it may go up or down. What are issues related to FEMA if price goes down in auction.

Mr. Zarth says : Request you to please answer my query
Here is the link to my query. I would appreciate it if you could answer my question. https://www.caclubindia.com/forum/unregistered-purchases-of-goods-under-gst-596289.asp

Saumya Mishra says : Back dated Rent agreement with mother
Respected sir, Is it possible to create a back dated rent agreement(Apr 22 - Mar 23) with my mother in Jan 23? And if I want to claim HRA exemption(1L) on this how can I generate receipts? Or shall I go ahead with an agreement for just the next two months(Feb23 and Mar23) with monthly rent of 50,000 ? Kindly advise on what will be the better option. Regards, Saumya

pankaj says : sale of old Car
we purchased a car before 3 month including GST in Rs 25 Lakh, now we are sale it to a traveler company in 23 lakh including GST, and Traveler com. wants us a Tax invoice so that they can take ITC, so what's GST Rate will be applicable, if we pay GST Reverse basis then we will got Lose of GST becoz we not Got ITC on purchase and if we pay Extra GST then Buyer will be in lose becoz its value be high then New car. Please give us Suggestion about GST.

BHARGAV SSK says : GST ON MANPOWER SERVICE
Whether Manpower Agency should charge GST @ 18% for providing manpower services only on the service charges or on the total bill amount?. If agency charge GST @ 18% on total bill amount, is there any reimburse on GST from govt.?