About me
I am a retired Executive Director/Finance of a Navratna PSU.
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What kinds of questions I can and can't answer?
Questions on Income Tax, project finance, accounts and Management consultancy can be answered by me since I am a retired Executive Director having more than 30 years experience.
My area of expertise
Income Tax, Management Consultancy, Project finance, accounts and Service tax.
My experience in the area (years):
More than 30 years.
Organizations I belong to:
Power generation and Mining.
Publications or writing which has appeared :
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Educational credentials:
Chartered Accountant
Award & Honors:
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DHRITI SUNDAR DUTTA
says
: Applicable GST rate!
Q:#1What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies by suppliers?? Your valuable reply: 5% GST applicable on such penalty i.e.same rate as applicable for material Q#2 If we consider these as penalties realised for poor quality . Will this be treated as service rendered by our company ?? And company will charge GST @ 18 % by raising GST invoice to the supplier. Waiting for your valuable reply Sir! Best regards, Dhriti Sundar Dutta -
DHRITI SUNDAR DUTTA
says
: Applicable GST rate!
Q:#1What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies by suppliers?? Your valuable reply: 5% GST applicable on such penalty i.e.same rate as applicable for material Q#2 If we consider these as penalties realised for poor quality . Will this be treated as service rendered by our company ?? And company will charge GST @ 18 % by raising GST invoice to the supplier. Waiting for your valuable reply Sir! Best regards, Dhriti Sundar Dutta -
DHRITI SUNDAR DUTTA
says
: Applicable GST rate!
Q:#1What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies by suppliers?? Your valuable reply: 5% GST applicable on such penalty i.e.same rate as applicable for material Q#2 If we consider these as penalties realised for poor quality . Will this be treated as service rendered by our company ?? And company will charge GST @ 18 % by raising GST invoice to the supplier. Waiting for your valuable reply Sir! Best regards, Dhriti Sundar Dutta -
DHRITI SUNDAR DUTTA
says
: Applicable GST rate!
Q:#1What is the rate of GST on Penalty charged against low quality material / low GCV coal supplies by suppliers?? Your valuable reply: 5% GST applicable on such penalty i.e.same rate as applicable for material Q#2 If we consider these as penalties realised for poor quality . Will this be treated as service rendered by our company ?? And company will charge GST @ 18 % by raising GST invoice to the supplier. Waiting for your valuable reply Sir! Best regards, Dhriti Sundar Dutta -
Atul Mishra
says
: REGARDING GST R1
DEAR SIR, GOOD MORNING WHILE I AM FILLING GSTR1 THROUGHT OFFLINE TOOLS THEN I HAVE A ISSUE ONE INVOICE IS NOT CALCULATED IN B2B INVOICE CATEGORY, WHEN I LL FILE OFFLINE THIS INVOICE THEN (ALREADY ENTER THIS INVICE )
Comment Please
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