Answers On Topic: GST Registration
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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AN INTERMEDIARY CREATE A WEBSITE FOR DOCTORS AND PATIENTS WHO CAN REGISTER ON IT FOR ONLINE CONSULTATION. THE FEES FROM PATIENTS COLLECTED BY THIS INTERMEDIARY AND DISTRIBUTE IT TO DOCTORS. THE INTERMEDIARY GET CERTAIN PERCENTAGE OF COMMISSION ON SUCH FEES. PLEASE ADVISE THE GST IMPLICATION AND TYPE OF REGISTRATION REQUIRED
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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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Assessee is registered dealer under GST Act . Returns for the period august 2018 to March 2019 were filed late on 31.10.2019. The last date of filing for it was 20.10.2019 as per sec 16(4). Assessee has received Notice u/sec. 16(4) asking him to pay the input credit availed in belated returns and also showcase as to why penalty U/Sec. 73 should not be levied for this default. Assessee has given all information to his Tax consultant in time , however due to some reasons he could not filed the Returns in time. <span;>Is there any remedy to regularise the…
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Mr. A , who lives in Gurgaon ,is a director in the company located at Gurgaon. A part from receiving Director remuneration he also receives sales commission. from the same company in which he is a director. Further, he also has GST registration in other state , where he files NIL return. Is Sales Commission received from the company will attract GST from the single amount he gets , as he is having GSTIN in the other state ?
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ASSEESSEE GST REGISTRATION CANCELLED VIDE CANCELLATION ORDER DATED 30/12/2019 U/S 29(2C) OF THE CGST ACT. ASSESSEE HAS NOT APPLIED FOR REVOCATION OF CANCELLATION OF REGISTRATION OR NOT FILED ANY APPEAL TILL DATE. RECENTLY ISSUED GST NOTIFICATION 34/2021 DATED 29/08/2021 EXTENDED TIME LIMIT FOR FILING REVOCATION TILL 30/09/2021 ONLY IN CASE WHERE DUE DATE FOR FILING REVOCATION OF CANCELLATION OF REGISTRATION FALLS BETWEEN 01/03/2020 TO 31/02/2021. IN OUR CASE, THE DUE DATE TO FILE REVOCATION APPLICATION DOES NOT FALL IN GIVEN PERIOD. HENCE BENEFIT OF ABOVE NOTIFICATION NOT AVAILABLE TO ASSESSEE. ALSO TIME LIMIT TO FILE APPEAL HAS EXPIRED. IN GIVEN…
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A trader registered with GST has started a new manufacturing additional activity under new HSN Code. Whether this new activity is required to be incorporated in the existing GST Regn.
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