---

Forum

DID YOU KNOW ?

You can add further comments to your query by clicking on "Add Comment".

This link will appear only, if you are logged-in with your user id and password. The same will appear as

"Querist Comment" on the Forum.

Click here to Post your Query >>

Top 50 Questions UnAnswered Queries View Archive

5986 unanswered question(s) — Showing 1861–1880

Que. Id	Date	Description
18426	Jul. 18 2017	Staff Welfare – (GST) Can staff welfare be covered within employer employee relationship. If not whether ITC Can be taken BY: Manasa N M Bhat No answers yet View Answers  |  Post Answers
18428	Jul. 18 2017	REGISTARTION – (GST) A person having business registration in Assam also having a commercial property in Delhi. Whether he compulsorily required to take registration in Delhi or he can raise tax invoice from Assam charging IGST. In page No 605 of Background Material last paragraph it is suggested but at end a disclaimer was also given. BY: Bikash Agarwala No answers yet View Answers  |  Post Answers
18390	Jul. 15 2017	Reverse charge on Rental income – (GST) A person is getting rent less than Rs 18 Lacs from a commercial concern .Whether the lessee is required to pay reverse charge @18 on rent payments to unregistered lesser. BY: Mahesh Kumar No answers yet View Answers  |  Post Answers
18394	Jul. 15 2017	What will be the treatment of Intraday Trading ? – (DIRECT TAXES) Would intraday trading of shares is consider as speculation business ? If not what will be the treatment ? Becoz if normal PGBP provision whether assessee is required to audit as becoz profit is lower than 8 ? BY: Anit Mohapatra No answers yet View Answers  |  Post Answers
18395	Jul. 15 2017	GST on Association formed for NBFCS – (GST) Dear All, An association formed for bringing in better transparency and governance, client protection and ethical practices among the MFIs. It is a self regulatory authority with code of conduct for its members.AKMI is registered under Society Act 1960. It collects Contributions from its member MFIs for various events conducted by it. Is it Liable for GST BY: Prashanth Karanth No answers yet View Answers  |  Post Answers
18398	Jul. 15 2017	Valuation in case of Redevelopment – (GST) New Flat with Additional area is provided to Tenant against Old flat. Value collected is NIL, but since the Transaction is covered by definition of Supply. How to value the Transaction for GST, since transaction is not wholly in money, will market value will apply ? How to consider tax liability on FSI and TDR ? BY: BIJAL RAJESH DOSHI No answers yet View Answers  |  Post Answers
18380	Jul. 14 2017	Reverse charge – (GST) Respected SirMaam If my business is in Guwahati and i go to Delhi for some business purpose and purchasedeal with some unregistered dealer, then would i be liable to pay tax on RCM basis? And if yes then which tax??GST of Guwahati or GST of Delhi or IGST?? Because if it would be a GST of Guwahati it would be a loss for Delhi Goverment If it would be a GST of Delhi then i would require registration in Delhi And if it would be an IGST then i can take its credit and in that way all the businessman who would go outside their state would like to deal with unregistered dealers so that IGST credit can be taken There is lot of confusion in this regard. Kindly help BY: Lohit Poddar No answers yet View Answers  |  Post Answers
18383	Jul. 14 2017	Registration for Government Department – (GST) Kindly guide me in respect to procedure for registration of Government Department, since PAN will not available for Government Departments. And the status to be shown for such Department while registering under GST. BY: LIJO JOHNSON No answers yet View Answers  |  Post Answers
18385	Jul. 14 2017	Registration for Government Department – (GST) Kindly guide me in respect to procedure for registration of Government Departments under GST, since PAN will not available for Government Departments. And the status to be shown for such Department while registering under GST. BY: LIJO JOHNSON No answers yet View Answers  |  Post Answers
18388	Jul. 14 2017	REGISTRATION – (GST) WHEN WILL FINAL REG. CERT. RECD. ONLY THOSE WHO HAVE NEWLY REG. FINAL CERT IS RECD. MIGRATED FROM VAT SERVICE TAX NOT RECD. YET. WHAT ABOUR PROFESSIONAL REG. STILL PENDING SINCE LAST 20 DAYS. BY: PRAMOD PARMAR No answers yet View Answers  |  Post Answers
18373	Jul. 13 2017	Realization on receipt basis – (GST) Our client used to collect service tax on receipt basis at the time of realization, they are unrealized funds up to Rs 30 lakhs as on 30.06.2017, how to treat those receipts, service were completed prior to 30.06.2017 itself BY: Kumara Swamy No answers yet View Answers  |  Post Answers
18374	Jul. 13 2017	applicability of GST on subsidised perks to employees – (GST) Pl provide your opinion on applicability of GST on recovery from employees against subsidised Perks as follows 1. FACT As per terms of contract employees are provided facility of subsidised vehicle for personal use and recovery is made at concessional rate of Rs 5 per KM at the end of every month. Company is having its own vehicle and also hired vehicle. QUERY Whether Employer has to levy GST on such recovery from employee . If yes, at what rate ?Any other implication on employer under GST. 2. FACT As per terms of contract employees are provided facility of subsidised food for personal use and recovery is made at concessional rate of Rs 5075 per meal provided at the end of every month. Canteen is maintained by company itself. QUERY Whether Employer has to levy GST on such recovery from employee . If yes, at what rate ?Any other implication on employer under GST. 3. FACT As per terms of contract employees are provided facility of mobile phone for office and personal use and recovery is made for personal use every month.Mobile Handset is provide by company . QUERY Whether Employer has to levy GST on such recovery from employee . If yes, at what rate ?Any other implication on employer under GST. BY: CA. ASHOK KUMAR AGRAWAL No answers yet View Answers  |  Post Answers
18366	Jul. 12 2017	Works Contract Service – (GST) Respected Sir, I am having a doubt on application of tax rate on work contract whose services has been taken before 30th June, 2017 and invoice too has been raised before 30th June, 2017. The payment has to be made in the month of July, 2017. Moreover, the Service Provider is individual, so the aforesaid services are covered under Reverse Charge Mechanism. My question is which rate would be applicable, whether service tax rate or GST rate? Thanks and Regards, CA. Kamreen Fatma BY: Kamreen Fatma No answers yet View Answers  |  Post Answers
18369	Jul. 12 2017	Dispensers & vending machines given on free to use basis – (GST) A business gives dispensers and tea coffee vending machines on free to use basis to customers with the understanding that customer will buy consumables , tea, coffee premixes from him only, to be used in these equipment. These supplies are billed to the customer. If the customer stops buying supplies, the dispensers and vending machines are brought back. The property in the dispensers vending machines is not transferred to the customer and remain the property of the supplier. How will the tax treatment be under the GST laws for the dispensers vending machines that are thus issued on a free to use basis? Have they to be taxed though issued on a free to use basis? Has the input credit on the purchase of these machines by the supplier to be reversed? BY: CA. RAJGOPAL NANDALAL BHUTADA No answers yet View Answers  |  Post Answers
18370	Jul. 12 2017	What would be place of supply & location of supplier ? – (GST) A of pune supply generator to B of Raipur.A Billto B for generator.Further the installation of generator will be done by C of raipur on the direction of A of pune. C of Raipur Billed to A of pune for installation charges done at B of Raipur. What C of raipur should charge IGST or CGSTSGST to B of pune ?? BY: Anit Mohapatra No answers yet View Answers  |  Post Answers
18360	Jul. 11 2017	Composition Scheme_Input lying in stock as on 30 June 2016_Liability to pay GST on that – (GST) VAT Dealer - Sales in F Y 2016-2017 Rs. 25 Lakhs- Stock as on 30.06.2017 - Rs. 8.50 Lakhs. Vat Credit as on 30.06.2017 - NIL rather he has output vat liability He wants to opt for composition scheme. Does he need to pay tax on input which is lying in stock as on 30.06.2017 on which he has already availed VAT credit. If yes, then how much? credit claimed under VAT or GST rate appliable on stock. BY: UMESH GUPTA No answers yet View Answers  |  Post Answers
18361	Jul. 11 2017	THRESHOLD LIMIT FOR SERVICE – (GST) As a small practitioner, even though turnover is below threshold is not applicable in case there is inter state supply of service of small amount. e.g. An assesse from other state for audit or ITR return, then also the same attract IGST. What about services to bank as there HO is in other state but supplies (services) are made locally within state? As they are also registered in every state? BY: SURAJ KUMAR CHOUDHURY No answers yet View Answers  |  Post Answers
18362	Jul. 11 2017	Depreciation Calculation – (Companies Act, 2013) What best tool software is available for Depreciation calculation under CA 2013? How to calculate the same and cross check with authenticity? BY: SURAJ KUMAR CHOUDHURY No answers yet View Answers  |  Post Answers
18363	Jul. 11 2017	I C D S REPORTING – (DIRECT TAXES) How to report under ICDS? Whether quantification is required to be made, if so, the same could be obtained by way of confirmation from Client? with or without giving effect in the financial statement? Is that sort of disclosure requirements are feasible in case of small and medium enterprises, where such details requirement are not maintained with evidence? BY: SURAJ KUMAR CHOUDHURY No answers yet View Answers  |  Post Answers
18352	Jul. 10 2017	GST on Securities Transaction tax and CTT – (GST) Transaction value as per GST includes all taxes under any law other than GST. So is GST applicable on STTCTT by share brokers on share trading. But no brokers charging. Why? BY: Sivaraman.A.R No answers yet View Answers  |  Post Answers