Forums
Non taxable auppy
Indirect Taxation
answered on 23-May-20 17:10
How is non taxable supply different from supply treated as neither supply of goods nor supply of services?
latest answer
Non taxable supply is a supply of goods or services or both under which no gst is levied . But in respect of -ve list items it is not a supply under GST
Swathi Krishna
CA Final
★ 8K+
6
799
Clarification on levy and collection of GST
Indirect Taxation
answered on 08-May-20 21:22
In the illustration 1 of the levy and composition scheme it is mentioned as can sai and trading company opt for composition scheme as on 31-10-17 whose aggregate turn over is 78 lakhs in the preceding financial year The answer mentioned is as per provisions of sec 10 he can opt for composition scheme But he cannot opt for composition scheme in the middle of the year right? Since they have not mentioned he is a regular dealer or not in the previous year.. how should we assume?
latest answer
Itâ??s only an assumption. And we are just answering about possibility to opt. Ofcourse a person cannot opt for composition scheme in the middle of the Financial Year
sai krishna teja
CA Inter
★ 940
1
719
Mistake in video
Others
answered on 08-May-20 21:17
Paper- corporate and other law for ca inter Chapter - contract of indemnity and guarantee Topic name - S.147 Liabilities of co-sureites bound in different sums Mistake 1(@5.05 mins) - spelling mistake of the word "default"... It is displayed as "vdefault" Mistake 2(from 5.05) - contribution in case of default is wrong for Mr. C and Mr. B, it shld be 30000 and 20000 respectively. Hope it helps...
latest answer
Thanks for pointing it out. We wll have a look and rectify.
gopi manigandan
CA Final
★ 2K+
1
675
Revised invoice
Indirect Taxation
answered on 06-May-20 16:48
Supplies made between the effective date of registration and issuance of certificate of registration. Than supplier need to raise revised invoice. What is the meaning of revised invoice ??
latest answer
A revised tax invoice arises when a person issued tax invoices for taxable supplies made BEFORE the issuance of registration certificate . A revised tax invoice shall be issued within 1 month from the date of issuance of registration certificate.
Sunita Gupta
CA Inter
★ 2K+
1
1K+
One person company
Corporate & Other Laws
answered on 11-May-20 19:32
Can member of opc become nominee of another opc its is possible?
latest answer
Tq sir ð???
Kaviya Ashok
CA Inter
★ 3K+
2
794
Notes applicable for nov 2020
Others
answered on 06-May-20 14:17
Sir from where do i get notes in pdf form applicable for nov2020.... I purchased ca-inter group 1 lectures
latest answer
Please download in the free resources & notes section on the app
abhishek kapale
CA Inter
★ 980
1
788
GST
Indirect Taxation
answered on 07-May-20 14:14
What are all the services covered under reverse change mechanism ?
latest answer
Please refer section 9(3) of CGST act for total list of services which are covered under RCM.
Sachin M
CA Inter
★ 280
4
845
Redemption of Preference Shares
Accountancy
answered on 06-May-20 13:38
In illustration 4. the number of shares to be issued you have considered face value and also securities premium i.e 37500/60 but we should only consider the face value right for the number of shares to be issued? Is my understanding correct? because in illustration-2 you have considered only the face value.
latest answer
Okay..Thank you sir
sai krishna teja
CA Inter
★ 940
4
719
interpretation of statues
Corporate & Other Laws
answered on 06-May-20 13:00
interpretation of statues chapter is still pending......when this chapter will be available......the nation wants to know
latest answer
We will upload by weekend.
jsome jsome
CA Inter
★ 575
1
768
Provision for bad and doubtful debts and provision for discount on debtors
Accountancy
answered on 08-May-20 18:07
Please clarify the doubt on Provision for bad and doubtful debts and provision for discount on debtors/creditors ....with the ledger posting
latest answer
Hooo....tq
Balaji R
CA Inter
★ 6K+
6
1K+