My home loan sanctioned under the terms of “Purchase of Ready House”.Builder is charging GST from us but ready to move property GST is zero. How could i know whether the builder is Paying GST on the property.
my society is under redevelopment and I wish to surrender extra area available to me (my elgibility as per offer is 899 sq ft whereas I wish to take a flat of 779 sq ft), to another member who desires to purchase extra area. Can I know the GST implications/treatment for the said sale transaction by me.
Can anyone guide me on this query. Is GST applicable on a resale flat ? However the building is 10 year old but has not received an OC/CC until now due to some litigations. Will there be GST payable since OC is not yet received however this is a resale transaction. Thanks in advance. Also if any particular ruling in this regard can be quoted, would be really helpful. Thanks
I am forced to surrender my GST number as by mistake my CA has registered it under ISD and not as normal tax payer. So will get the same GST number or it will be different? And if it will be different then will my clients (who have paid me GST) be effected? Please help! Thanks!
Hi, I’m a software exporter operating as individual consultant (having EEFC account, current account, IEC code in my name). All income is 100% export and in foreign exchange. Since export of service is Zero Rated, I wanted to know if I can claim GST refunds on items such as purchase of vehicle (for use in India), and if there is any requirement to be a “firm” instead of a individual for such claiming GST refunds. Thanks.
Dear Sir one of my clients user id password had been misused by someone and he had submitted aug 2017 GSTR 3b with wrong details offsetted the liability & submitted the return but could not file due to OTP .now as the aug 2017 GSTR 3b Figures are wrong we could not file the succeding months return ,we are stuck and how to proceed further please help.
Hello,If I purchase the goods from x and x is not filed the GSTR1 but i have taken the ITC on that goods what will happen ? another scene is that If X File the GSTR1 after three months what will be happen in both the cases Please explain me, Thanks
Hi All, I had buyed 1 bhk flat in thane in under construction building, I had also applied for loan under PMAY in Icici bank, I had done with registration and stamp duty during which builder took 12% GST for me…. my question is 1) I should pay 8% GST Or 12% GST to builder 2)Builder is denying to give me any GST slip, he is telling GST will be paid all together of all flats and it is not individually paid so you will not get any GST slip please let me know I should get GST slip or not? Is GST paid indvidually for each flat or its is paid all together for all flats.. Waiting for reply
I am a businessman dealing in iron products means sales and purchase.I have not applied for registration till now. As i am confused whether to go for composition scheme or go for registration.I have also heard that government has extended the date of registration.So my question is that can i continue my business? If yes which tax should i suppose to charge? Will i get the benefit of Input Tax credit when i go for registration?
Basically, we are an engineering company and now we want to opt to be a GSP. What is the difference between Integrated (ASP+GSP) Services and GSP Services? Are we required to register under Integrated (ASP+GSP) Services or GSP Services?
We have registered with a payment gateway called PAYU. We send payment links from this portal to our customers, who then make payments to PAYU portal through Net Banking/Cards. When PAYU disburses the payment to us, they deduct their Charges + GST. My Query is
1) Can we get ITC for the above?
2) PAYU does not give us any monthly tax invoice for their service charges, they just give us reports for each transaction, where the amount received, their fees and the GST charged is shown. So how can we get ITC without Invoice?