GST

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Question Category : GST

    • Can I cancel my GST registration as my business is not doing

      My firm deals with providing computer services like AMC (annual maintenance charges), computer repair, LAN WAN setup, but my business is not doing well lately. Can I cancel my GST registration and if I can then can I take tenders of Government and Private company for computer maintenance?

      Profile photo of Bhushan Asked By: Bhushan 1 replies 0 helpful answers Last Updated: 1 month, 2 weeks ago
    • What will be the GST rate on making charges of gold jeweller

      In case of repair of suppose some gold is added by us while repairing and a single bill is prepared for repair charge as well as the gold item, then at which rate will GST be applicable, 3% or 5%? Suppose the invoice has separate components and values for repair and for the actual gold item, will GST be applied on both or on the total value?

      Profile photo of Dhiraj Asked By: Dhiraj 1 replies 0 helpful answers Last Updated: 1 month, 2 weeks ago
    • Should packing material or complimentary bags added in the i

      Should packing material or complimentary bags, distributed to the customer, needs to be added to the invoice, and if so, at what value? If it should not be added to the invoice than whether it needs to be listed with zero value on the invoice or can the value be omitted? What kind of inventory records should the dealer maintain for packing material?

      Profile photo of Digambar Asked By: Digambar 1 replies 0 helpful answers Last Updated: 1 month, 2 weeks ago
    • What is the GST rate levied on art (paintings)?

      What percentage of GST will be levied on Art, in certain paintings? Can this amount be shared by the buyer and seller? Another question – If an artist sells his painting can he deduct GST charged on raw material like paints, canvas, etc and then charge balance to the buyer?

      Profile photo of savita Asked By: savita 1 replies 0 helpful answers Last Updated: 1 month, 3 weeks ago
    • What is the GST procedure for purchasing new flat?

      What is the GST procedure for purchasing a new flat from a promoter. I have booked a flat but the project is yet to start. Now the builder is asking for GST on the entire end-to-end cost of the flat (i.e., registration, building cost, parking area, clubhouse membership, sewage, water connection cost etc.).
      What is the actual GST part involved in this?
      Am I required to pay GST for the overall cost?

      Profile photo of Bhushan Asked By: Bhushan 1 replies 1 helpful answers Last Updated: 1 month, 3 weeks ago
    • Will transferring money from USA to Indian bank account will

      We are a registered Pvt. Ltd. Company in India and have a 100 percent owned subsidiary in USA. If we transfer money from the bank account of our US-based company to our Indian bank account after taking transfer pricing into consideration, will this transaction incur GST or will it be considered as export of service?

      Profile photo of savita Asked By: savita 1 replies 0 helpful answers Last Updated: 1 month, 3 weeks ago
    • How to calculate GST for house-keeping and security services

      I got a contract from a private hospital for providing housekeeping and security services. The monthly contract value is INR 3 lakh. I want to know that in this case will the GST be calculated on total billing i.e. on 3 lakh or if PF & ESIC paid to employees will be deducted from total billing & GST will be applied on the remaining amount. Please clarify and calculate the GST.

      Profile photo of kalpana Asked By: kalpana 1 replies 0 helpful answers Last Updated: 1 month, 3 weeks ago