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Returns

answered 15 mins ago

Is this correct or is it 30th nov?

latest answer

Yes right

Sugam SM

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

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

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

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

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

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

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

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

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

Christo Joy

CA Inter

6K+

1

26

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