Tax questions on GST

Difficulty in Filling Trans 1

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...

GST on commission received from Overseas (Outside India)

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...

Credit

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...

Online shopping

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...

GST Registration approved but can't access the document online

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...

GST building maintenance cost and society formation

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...

Is GST applicable on builder flat possession balance amount?

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...

Need gst number

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...

Gst on dropshipping

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'...

regarding GST number for commission agents

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...