Section 9(5)

answered on 30-Mar-24 20:35

Supply of resturant services in that case ECO is liable to gst , Gst means gst tax or RCM

latest answer

Supply of restaurant services through ECO then ECO is liable to pay GST and it is not RCM.

MONIKAA RAMESHKUMAR

CA Inter

★ 710

4

61

Transaction value

answered on 25-Mar-24 12:13

What is the transaction value that is the price actually paid or payable..... In case of price is partly paid at the time of supply and remaining amount later on. Since the word or is there it will be either amount paid or remaining to be paid?? Or does the word or is constructed as AND for this situation??

latest answer

Perfect.

Atharv Sankliya

CA Inter

★ 3K+

2

52

Unregistered Causal taxable person

answered on 25-Mar-24 12:14

Is causal taxable person can be unregistered?

latest answer

Right.

Chandu vadla

CA Final

★ 11K+

5

64

Amendment of registration

answered on 25-Mar-24 12:21

What will be the tax implications if a registered supplier fails to submit an application within 15 days from the date of change in Core fields as per section 28 of the CGST Act, 2017 ?

latest answer

Legally he must update within 15 days. If not done then department may treat him as violation of law and impose penalty.

Chandu vadla

CA Final

★ 11K+

1

43

Registration

answered on 25-Mar-24 12:22

Pls clarify these questions If a person engaged in service of money lending and gets a turnover of Rs.6 lakhs and in any other taxable services and getting turnover of Rs .18 lakhs in Assam .Is registration required? What is the answer if a person engaged in service of money lending and gets a turnover of Rs.6 lakhs and in any other taxable services and getting turnover of Rs.7 lakhs in Manipur.Is registration required?

latest answer

Yes. Since aggregate turnover exceeds threshold limit.

Lavi Lavanya

CA Inter

★ 6K+

1

43

TDS

answered on 25-Mar-24 12:26

Please can anyone explain, why we are deducting TDS on the Mumbai invoice? Since the location of Supplier & place of supply are in the same state (i.e. Maharashtra) & location of recipient is Karnataka. So ideally it is exempted from GST TDS deduction. Please explain this case

latest answer

Place of supply is Karnataka. Please check once again.

Chandu vadla

CA Final

★ 11K+

1

58

Wrong availment of ITC

answered on 25-Mar-24 12:27

Sir, could you please explain this point ?

latest answer

Interest is only when we utilise and not when we claim. When do we say that we have utilised is only when what we claimed goes below the balance. It means that we have utilised it.

Chandu vadla

CA Final

★ 11K+

1

53

Exemption

answered on 22-Mar-24 17:54

In transportation of goods whether the 750 or 1500 category is there still now..it is there in video but in book it is not mentioned

latest answer

We have removed from videos as well. It is not there now.

Lavi Lavanya

CA Inter

★ 6K+

1

62

GST on legal services

answered on 22-Mar-24 17:59

can anyone please explain me what exactly is this exemption related to? we have taken legal services and exempted from charging the GST under RCM. Here we are registered newly incorporated partnership firm, with "0" Preceding Financial year

latest answer

If legal services are supplied to a business entity whose turnover does not exceed threshold limit then the legal services would be exempt. If it is exempt then there is no question of RCM.

Chandu vadla

CA Final

★ 11K+

1

72

Employee gifts under GST

answered on 25-Mar-24 12:27

Employer gifts of value more than Rs. 50,000 to his employee on his marriage. So will it be treated as supply under GST? Will the answer change if the same is provided on the employee's retirement function by the employee?

latest answer

It means it is part of business activity.

Chandu vadla

CA Final

★ 11K+

5

77