Sir
I am ecommerce Seller and sell Footwear category on ecommerce portals like Flipkart and amazon
For Footwear gst rate upto mrp ra 499 is 5% and more than rs 499 it is 18 %
We purchase shoes from the factories of our own private label brand and they charge 5% in case of upto 499 and 18% if Mrp is more than rs 499
Now Flipkart and Amazon charges The sellers commission on which 18% gst is ...
There are 240 flats in our society KLJ Platinum Plus, Sector – 77, Faridabad out of which more than 160 took over possession and staying. The flat buyers have registered RWA in the name of RWA KLJ Platinum Plus D1 to D4, Sector – 77, Faridabad.
For the maintenance (security, Lift, Fire hydrant system, water, common area housing keeping, gardening, sewage system etc) of the society the Develop...
Dear Sir/Madam,
I am working as a commission agent for a company in Europe. I help them in selling the product in India. They submit the offer, Customer place the order on Principle directly. Principle supply the goods & collects the money. In return they pay me commission on it.
Now under export of services Export of services’ means the supply of any service when,–
The supplier of servic...
Dear Sir,
I am registered with your website for filing GST returns.
I am a first time user and have done one transaction of approx 14 thousand in the month of Dec'17 & now want to file GSTN1 with GSTN3B.
I have created invoice which I have raised in the name of my customer Delhi Blue Pottery.
This job pertains to custom clearance of import shipment at CFS Delhi & custom cleared by Bal...
Need your guidance on GST applicability if the land is given under GPA to Builder to develop with residential apartment on 50:50 sharing basis and there is NO monetary transaction involved in the agreement.
Landlord will retain his share of residential flats for himself and is not interested in the sale of flats.
The GPA agreement was registered with Sub-registrar office for the developm...
Hi,
Need your guidance on GST applicability if the land is given under GPA to builder to develop with residential apartment on 50:50 sharing basis and there is NO monetary transaction involved in the agreement.
Landlord will retain the flats for himself and is not interested in the sale of flats.
The GPA agreement was registered with the Sub-Registrar office for the development of apart...
hi,
am going to start a new website and am registered under GST. customer comes to my website & places an order & pays for the item (say Rs 150), I pay the supplier (say Rs.100) & ask him to dropship it. The supplier is in India, but in a different state than mine. The customer can be in any Indian state (not looking at international market right now).
now, i have few questions. can you ple...
Madam,
I am working in Management(Trust) running 9 educational institutions (4 Colleges and 5 schools up to 2nd PUC) & registered under GST and some of our schools and colleges providing services and for such services we are collecting GST and remitting the same to Government. Now my question is wether we can claim ITC of all 9 instiutions purchases of goods and services and adjust our output ...
Respected Sir,
We would like to inform you that we are facing problem regarding filling of Transitional form (TRANS 1) for our unit ADHUNIK INDUSTRIES bearing GSTN 18ABGFA5778A1ZG .We are a SSI unit and have Rs 2371463 as cenvat in our last return (June’17) of Central Excise .So we tried to file TRANS 1 under GST regime. But after putting the data when we click the save button it got saved...
Dear Sir,
I am dealing in Petroleum Products in International Markets. I am quite concerned about a few points and if you could assist me with.
1) The Buyer of Petroleum Product is in Taiwan & the Supplier is in Russia. But the supplier is using his Fiduciary Bank Account for receiving the payments in USD.
2) I am purely an intermediary who is entitled to receive the "commission".
3...
Dear Sirs,
I have following questions.
1) Reversing sales of July2017. I have to reverse the sales invoice of July2017 on which I have paid GST in August 17 also filed GSR1 for July2017. Now my customer says that I have to cancel my Invoice as it is no more accetable by him.So we will have no receivable againt this invoice.
How to treat this entry under GST please. I have to reverse the sa...
Hi ! recently i have started a online shopping store which sell clothes, accessories, footwear of both men and women. So, basically what i am doing here is I am sourcing my product from outside of india. My supplier/wholesaler are located in different part of globe i.e. australia, new zealand, us, uk, spain, china what i am doing here is.
1. I display there product on my site using there websi...
Hello CAs,
I am in critical situation. Your advice and answers will be really helpful.
I wanted to start my online business for which i contacted one of the CA (through reference) in Hyderabad and he said he will register the Labour License and GST, after which i can start my business. I paid him good amount of money and all the supporting documents to get it started. I received few messa...
Hello,
I purchased flat in ghansoli navi mumbai in Feb 2016 and upto april 2017 have paid 95 % agreement value with 100 %VAT and 100% service tax on total agreement value. This building is conpleted in may 2017 as per architect letter to get OC. Occupation certificate OC is recived on 30-july-2017.
1. Builder is asking for 12% GST on remaining 5% agreement value and insured that 5% service t...
Hello Sir,
Greetings!
I have booked a under construction flat in Noida Ext, May 2016 with plan of (30:70), 30% I had to pay early and 70% on possession. I get sectioned loan from SBI 80%, but in 30% payment I need to pay 10% and 20% should get disburse from bank.
By 2th July, builder demand for balance 20% and same was disburse by 30th July 2016. Builder mentioned 4.5% ST on 30% paymen...
Dear Sir/Madam,
My husband is running small Rent A cab service.He had taken Service tax number for his firm in November 2015 through one agent. From than he was putting S.tax number on each bill given to Company and put clause in terms and condition that 100 %service tax to be paid by service recipient.
But one client paid him some service amount on invoice which he paid to government of ar...
Hi I'm developing a marketplace website allowing Suppliers to sell their product. In addition to that I'm providing Dropshipping option as well. Anyone who registered as Reseller can use the product images from Suppliers and Sell to their customers. Customer will know Reseller only and when order comes , product will be shipped directly to customer. Here Reseller don't do any inventory and don'...
Hello sir \ mam
With due respect myself Bharat from Jodhpur .. i am a commission agent .. as per above messages .. GST number is required for above 20 lacs income on commission ... but as i read in google there is mandatory for Agent,broker, arthiya etc ..to have a GST number.. even if u have a income of rupees 1
bcoz government had ruled a compulsory 18% GST for any agent ... !!!
GST on...
Dear Sir/Madam,
My name is Tatyana and I represent Law&Trust International company. We are interested in your consultation in respect of new Indian taxes and regulations (GST, GAAR). We have an Indian resident company and interested in legal way to minimize taxes. We consider UAE company to buy Indian company in order to pay 5% dividend tax and also involve Cyprus company in order to buy pro...
Hello, Good Evening Sir,
I'm Jinal Vora from kolkata, west bengal,
I'm currently pursuing B.com(Hons).
Firstly i would like to Thank You for helping your clinets by all means and giving your time to them.
Sir as you know GST has been implemented and Tax System has fully been changed.. and people like Students,Employees,Agent(Brokerage/Commission) has doubts regarding this GST , that ho...