All GST Queries Answered

1.0 GST Rate On Real Estate 1.1 Real estate sector will invite GST at the rate of 12 per cent with full input tax credit. According to the schedule of GST rates for services, as approved by th...

Lots and lots of kachha trade is back. The manufacturers are selling in kachha to retailers and basically saying we will bear half of the 12% and you bear the other half as we have paid taxes on ou...

How can account for the asset id changes when the invoice is already updated on GSTN and claimed by the vendor. We are seeking for a replacement. Will it be considered as a sales return or sales re...

Movement of goods valued at more than Rs.50k within state by small three wheeler how to generate E way bill??

Ours is a Pvt Ltd company. We are planning to take up agency to sell a manufacturer's product. The manufacturer will directly invoice the end user customer and give us a percentage of commision. Pl...

If an individual or a company which is registered under GST buys a product thru e commerce site and pays the due Gst charged in the invoice ,is he not eligible to claim an input tax credit on the ...

In view of difficulties faced by the trade in generating e-way bill,it has been decided to extend the trial phase for generation of e-way bill, both for inter and intra-State movement of goods. It ...

When we pay Tax (33%) (TDS) for our income, we came to know that it is received by the govt, from income tax website. It contains both Who deposited and on behalf of whom. After receivi...

Introduction of GST seems to be a very innovative scheme of business and generation of tax to the government. Thus the way bill also is a easier means to deliver goods to the destination. Problems ...

Way Bill per state defeats very purpose of GST which is as per government “One India One Tax”. With Way bill, inter-state transections becomes big problem of generate way bill o...