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Returns
answered 15 mins ago
Is this correct or is it 30th nov?
latest answer
Yes right
Sugam SM
CA Inter
★ 7K+
6
16
Supply under gst
answered 5 hrs ago
Is this a supply or not Import of goods worth ₹55000 for personal use
latest answer
Thankyou
Kishore Ch
CA Inter
★ 3K+
6
49
Body Corporate under GST
asked 17 hrs ago
Whether LLP a Body Corporate under GST Law?
latest answer
No answers yet!!
Krishna Sankar
CA Inter
★ 370
0
11
Composition scheme
answered 22 hrs ago
Limit is below 75L or 1.5cr as case may be What if it's correct 75L in preceding py ...will that supplier will eligible for composition scheme in current year ( is the limit upto 7499999)
latest answer
The provision says , 'Upto 1.5Crore or 75Lakhs' Upto means 1.5 crore or 75 lakhs is included. It it exceeds, only then not eligible
Christo Joy
CA Inter
★ 6K+
1
17
RCM
answered 1 day ago
Irrespective of supplier registered or not -RCM applies?
latest answer
Under all RCM cases recipient is liable to pay GST except in GTA and transportation, author cases where they gave the option for supplier to either opt for RCM OR FCM If supplier is registered and supplying g&s which are chargeable to tax under RCM -he will issue invoice but will not collect tax recipient only will pay tax If supplier is unregistered and supplying g&s which are chargeable to tax under FCM- SUPPLIER cannot issue invoice also
M Kamal
CA Inter
★ 2K+
6
54
Turnover in state or union territory definition
answered 20 hrs ago
In the definition of turnover in state or turnover in union territory, " Total value of turnover of a TAXABLE PERSON should be taken " , is given. Taxable person means registered person or person liable to take registration. So, when calculating turnover in state/ Union territory, Should we take total of turnover registration wise . As there can be multiple registration within a state , under One Pan ?
latest answer
Turnover should taken under same pan all india basis
Anirved Rahatgaonkar
CA Inter
★ 0
1
28
Exemptions
answered 1 day ago
Sir there are lot of exemptions. How should we approach for revisions?
latest answer
Read 2-3 times and retain as much as possible. Cant do more than that since its memory based.
Sugam SM
CA Inter
★ 7K+
6
48
Expiry of ITC
answered on 24-Mar-23
Time period of 1yr is for availment or utilization
latest answer
Time period in CGST Act is given for Availment of ITC in E-Credit Ledger. Act has not put forth any restriction and time limit for utilisation. Once availed , can be carried forward for ♾️ tenure
Sugam SM
CA Inter
★ 7K+
2
42
Condition for ItC
answered on 24-Mar-23
Upto 5% availment of ITC is removed right? If supplier hasn’t furnished details in GSTR-1.
latest answer
Sir is paid notes amended as per may 23? Or only upto nov 22?
Sugam SM
CA Inter
★ 7K+
2
46
Deemed supply
answered on 23-Mar-23
Reg -- reg ( within / or outside state) ------ deemed supply Reg -- unreg (outside state) ------ deemed supply Reg -- unreg (within state) ------ not supply Under same PAN Is this correct...sir
latest answer
Yes. In simple terms if it is between distinct persons then only it is deemed supply.
Christo Joy
CA Inter
★ 6K+
1
26