Forums
GST
Indirect Taxation
answered on 28-Sep-20 16:33
If a company purchased software on 31.12.2019 worth Rs. 10 Lacs incl GST but company fails to pay the amount within 180 days do the company needs to reverse the same with interest @ 18% even if company does not utilized the input but company shown the same in GSTR3B under all other ITC. Is it necessary to take all the input or reversal before September 20 return for 19-20. What if my payment is pending on 30.09.2020 for that bill. Does the input get laps proportionate to the o/s amount after September 20 return if I don't take in the September 20 month or company have to pay the amount before September 20 return.
latest answer
Thank you so much sir
Navnath Karande
CA Final
★ 140
4
845
Negotiable instruments
Corporate & Other Laws
answered on 26-Sep-20 14:34
Time for presentment . What if the holder sents the N.I through registered post but it received by the payer before or after the due date ? Did the holder can claim for payment ? Kindly explain this , Sir .
latest answer
Thank you ma'am .
Srini Sriram
CA Final
★ 4K+
2
824
About points
Others
answered on 25-Sep-20 14:33
How much will be the icash amount for 2000 points?
latest answer
It is a completely random number between 1-5%
vidhya ayyarappan
CA Inter
★ 5K+
1
690
Dedication from gross total income
Direct Taxation
answered on 25-Sep-20 17:02
Sir what is the difference between 80EE & 80EEA
latest answer
Okay sir.thank u
Prasanna Jannu
CA Inter
★ 7K+
2
689
Continuous supply
Indirect Taxation
answered on 29-Sep-20 12:53
Sir buy video frm 1fin (this app) whether it is continuous supply of service? Subscription is Netflix more than 3month this is continuous supply of service?
latest answer
No.
Nivetharaman Raman
CA Foundation
★ 11K+
3
870
Unti batch costing
Costing
answered on 25-Sep-20 14:06
In this sum ...how much is the cost per unit...?
latest answer
Cost per unit-104.48 Profit per unit - 15.52
Ramya Devi
CA Inter
★ 580
1
858
Reverse charge mechanism
Indirect Taxation
answered on 25-Sep-20 16:56
If Service provided to unregistered person by GTA then they are not obliged to pay gst and Exempt.. What about GTA sir Will they exempt ????
latest answer
Yes.
M Naresh
CA Final
★ 3K+
1
861
Exemption from gst
Indirect Taxation
answered on 01-Oct-20 10:41
Sir , is gst payable on prasatham given in temples ? Or something like sweets given in the temple premises which we pay some money , is gst payable on these ?
latest answer
Thank you sir .
Srini Sriram
CA Final
★ 4K+
8
831
Doubt
Corporate & Other Laws
answered on 25-Sep-20 17:32
Sir is it mandatory to remember headings for every section?? For example ( time for performance of promise, where no application is to made and no time is specified(section 46)) (From section 37 to section 67) Is it mandatory to remember headings??
latest answer
Thank you very much sir ð???ð???ð???ð???
sai t
CA Foundation
★ 2K+
6
744
Standard costing
Costing
answered on 25-Sep-20 17:00
In question 7 of the pratical problem, budgeted recovery rate = 60000/30000units = rs.2 per unit . Then we will get the standard cost = 2 Ã? 32500 units = r.s 65000 Then why in the institute's book it is written 32500 hours? Shouldn't it be units ? So if units is taken to find out variable overhead variance, then how do efficiency variance take place(well , institute has also find out the efficiency variance)? How is this possible ? Please reply
latest answer
We always compute standard hours for actual output and do the calculations.
Swathi Krishna
CA Final
★ 8K+
1
719