Sir, Client non registered gst dealer sales of medicines retail pharmacy business turnover rs:35 lacs f.y.24-25 and client itr returns filed every year Question: Dealer sale turnover rs:40 lacs below threshold limit certificate compulsory issued by CA any provision applicable for gst act.
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Sir, A registered composite scheme composite returns cmp-05 returns filed up to 31-3-24 and cmp-05 returns non filed from 01-04-24 to 31-12-24 period notice details mentioned below issued state gst officer. 01-04-24 to 30-06-24 sales turnover rs:10 lacs tax rs:10,000/- 01-07-2024 to 30-09-24 sales turnover rs:10 lacs tax rs:10,000/- 01-10-24 to 31-12-24 sales turnover rs:10 lacs tax rs:10,000/- Dealer f.y.23-24 composite returns cmp-05 filed period highest turnover rs:10 lacs show period october-23 to december-23 . Question: Dealer gst returns non filed period from 01-04-24 to 31-12-24 sales turnover show actually sales turnover or department mentioned sales turnover show in composite…
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Any gst officer last three years itr returns and balance sheet and bank account statement asked for gst checking purpose and any check list of documents in gst act
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A Doctor sales of medicines turnover estimated rs:80 lacs yearly but consultation income rs:50 lacs yearly Question; A Doctor gst registered required compulsory and benefits of regular or composition scheme for gst purpose
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sir, I am dealing in second hand car and sold Eight car each valued Rs 6 lakh. And cost of each car is Rs 5 lakh. Gross Sales is Rs 48 lakh (6x 8) and value addition is only Rs 8 Lakh (1x8). As the Gross Turnover is above Rs 48 lakh which is above Rs 40 Lakh. Is liable for GST registration or turnover will be considered only 8 lakh as per rule 32(5), so not liable for registration. Please clarify it. If liable for registration. The GST will be 18% of 800000=144000 or by formula 800000x18/118= 122034
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sir, Q. Is GST Registration Applicable? If Retail Trader having Annual Turnover against sale of Taxable goods below 40 Lakhs but receives Shop Rental Income Rs 24000 Annually (Showing in Income Head - Income from House Property) If Retail Trader having Annual Turnover against sale of Tax Free goods below 40 Lakhs but receives Shop Rental Income Rs 24000 Annually (Showing in Income Head - Income from House Property) If Retail Trader having Annual Turnover against sale of Taxable goods below 40 Lakhs but receives House Rental Income Rs 24000 Annually (Showing in Income Head - Income from House Property) If Retail Trader Having Annual Turnover against sale of Taxable goods below 40 Lakhs but…
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Under REP Project(100% Commercial) do developer require to pay GST(RCM) for area allotted to Tenants under barter system. Though as per GST provisions recognise such transfer of development rights as a ‘barter,’ which is a taxable supply. This builder pays this levy at a later stage, it is paid at the time of first occupancy or receipt of the completion certificate. whichever is earlier. However, The builder also incurs GST during the construction phase which according to the industry averages 18%, for which no input tax credit is available. For example, the GST paid by the builder on cement or…
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Sir, This issue is relating to GST Act, the query is as follows. The dealer is registered under GST Act, and initially was registered as Regular assesses, after a period of 3 to 4 months the dealer switch over to composition scheme in 17/18, the dealer was using a software named Busy software, while programming the developer had in inadvertently had programmed as regular registered dealer and made a bifurcation of sale consideration as BASIC + CGST + SGST , but in fact the Dealer was into composition scheme, The dealer was filling CMP 04 every Qtr reflecting the sale…
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sir, A Gst registered dealer regular scheme registred in gst act. April to septemer-24 sales turnover declared in gstsr3b rs:60 lacs previous years april to septemer -23 sales turnover declared in gstsr3brs:80 lacs .if gst officer visited dealer prinicipal palace sale turnover campared turnover shortfall reasons asked. Query: Gst officer turnover compared reasons asked provisions in gst act.
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Dear Experts, In one of the cases the department has allowed 30 days time time for payment of demand as per order in DRC07 passed under section 73 but time limit for filing appeal under sec 107(1) is 3 months. If one intends to file appeal after 30 days, the department may initiate recovery proceedings but the time limit for filing appeal has not yet expired. Whether we need to file any application to the department that though 30 days time for making payment of demand has expired, we shall be filing an appeal under section 107(1) within 3 months…
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Ca certified by gst sales turnover