IGST will be applicable at the second stage as at the first stage, Chennai based Supplier will raise Invoice to Chennai based Customer (Intra-state Supply) then Chennai based Customer will raise Invoice to Chhattisgarh based Recipient (inter-state Supply).
If a stock broking company wants to give the loan to another company whether stockbroker or another type of company out of its owned fund. Then there Is any restriction under SEBI Guidelines.Click here to view / answer Share it on
In case the company has appointed personnel exclusively for implementing the CSR activities of the company, can the expenditure incurred towards such personnel in terms of staff cost etc. be included in the expenditure earmarked for CSR activities?Click here to view / answer Share it on
Whether the average net profit criteria in section 135(5) is Net profit before tax or Net profit after tax?Click here to view / answer Share it on
Is rental income from sub-letting chargeable to tax under the head “Income from house property”?Click here to view / answer Share it on
In GST only the Radio taxi or passenger transport services provided through electronic commerce operator are under RCM. So what about Rent-a-cab services provided by a person other than electronic commerce operator? What are GST rate and HSN code?Click here to view / answer Share it on
What if a person sells his pre-owned car for Rs. 25 lacs to a dealer of second-hand cars, will he be covered under the casual taxable person and does he needs to deposit the tax?Click here to view / answer Share it on
Will the revised SS-1 and SS-2 be applicable to the Board/General Meetings convened on 1st October 2017 or thereafter, even if Notice of the Meeting is issued before 1st October 2017 by complying with existing SS?Click here to view / answer Share it on
What are the features of RUN(Reserve Unique Name) web service?Click here to view / answer Share it on
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India
ITC in case of stock held as on 30th june, 2017 can be claimed by filing Form Tran-1 wherein all the details of ITC and stock shall be disclosed. After filing of Form Tran-1 the electronic credit ledger shall be credited. The said ITC shall be utilized at the time of filing of GSTR-3.
Since the goods are received in Chattisgarh so the place of supply shall be Chattisgarh, therefore, it shall be treated as an interstate supply and IGST shall be charged.