Monday 9 October 2017

GST- Q AND A

Q. Bill final in 15-11-16 but not payment yet what is paymant in GST and thecontract rate is decide (item+vat)
A. If tax was paid before GST in old taxation regime then payment received after GST implementation will not be taxable now.
Q.I m electrical and civil Contractor. I m doing business with state govt. deptt.s only. In vat they are deducting 4% vat from my work bill. Now in GST how much will be deducted from my work bills? Till nor any state deptt. Not paying bill to any contractor. And how will i get GST (IGST, CGST, and SGST)
A. GST @12% if you are registered in GST then you can take input tax credit but input tax credit is not available for construction of immovable property.
Q.I m doing work for electrical substations, Lines and civil work of laying water pipe line for irrigation deptt. Shall I get ITC of CGST, IGST and SGST. But in GST we are treated as Clause 119 of Section 2 for which GST is 18%
A.Input Tax Credit is available. You can take input tax credit of CGST, SGST and IGST paid on inputs.
Q. Kindly clear the GST rate on fabrication work contracts, repairing works and only manpower supply for executing the same jobs.
A.GST @12% for work contract.
Q.I am doing both trading of industrial items and industrial contract works with material on single GST No. Is it ok? I have one more query, if I am doing an industrial fabrication work including both material and labour charges and raise single invoice for it, what is the rate of GST applicable on it.
A. Yes it is okay, no problem. GST @18% Fabrication is included in GST Work contract.
Q. Whether ITC is available for carpentry work (like making of furniture & cup board etc...),
A.Yes ITC is available.
Q.Works contracter ccl & other gov.agency for repairing work me kitne return file karne honge.
A.Work Contractors are required to file return as normal taxpayer 36 + 1.
Q.I have more than one businesses can I use my GSTIN all businesses and issue tax invoices in different name by mentioning my GSTIN.
A.This is not possible. You cannot use your GSTIN with different business name.
Q.I have 2 businesses in my Pan number 1st as S M Enterprises and 2nd as Dwarkadhish Enterprises which is a wholesale business. I have taken GST No in S M Enterprises. Do I have to take separate GST No. for Dwarkadhish Enterprises?
A.Yes you have to take separate registration. You cannot use of GSTIN of one business with other business.
Q. We are tempo modification company...we install televisions seats flooring and other luxuries in force tempo. 
A. Modification is also covered as work contract service. GST @12% is applicable on work contracts. Section 2 sub Section (110) defines work contract.
Q. Material purchases per jo GST paid kiya hai uska input milega kya.
A.Actually the GST rate on work contract is 12% so kindly ignore the rate of 18%. If work contract is other than construction of immovable property then input tax credit is allowed.
Q. Mera trn over 7 lk ka aas pass hai magar sir ham kaise dikhaye ki hamara trn over 20 lk se kam hai ya sarkar kaise manegi ki mera trn over 20 lk se kam hia sir aise to jaydatar log apne trn over 20lk se kam bol denge.
A.Aisa nahi hota or jo aisa karte hai unke hi ghar pr income tax ki रेड padti h... Hota kya hai... Ki aap jb annual final return file krte ho to ca aapse puchta h ki kitna business hua h to aapko kuch bill dene pdte h... Kuch kacche bill, kuch details vese hi batani padti h to ca apne aap calculate kr leta h ki aapka kitna business hua h... Thoda bhut to kr lete h but jyada ni kr pate h.. Isme expenditures or baki calculate krke CA sb kr deta h... To aap Dekh le ki last year kitna टर्नओवर hua h uska hi kuch tax dena padega aur ragistration karana padega.
Q.सर् में 20 लाख से कम का काम करता हु ओर में किसी सरकारी योजना में कोई सामान बेचता हु तो क्या करना होगा
A. Aapko GST No. Lena padega... Government work me GST lena hota h.. Agr private kam hota to aapka bina GST chal jata.
Q.Mai ek readymade garment ke shop kholna chhata hu us ke liye mujhe kin kin chijo ke jarurat hoge.
A.Agar aapko lagta h ki 20 लाख se km ka business 1 Year me hoga or ek hi राज्य में karoge to aapko GST ki koi jarurt ni h.... Lekin pan card jarur bnwale or 1 saal ki final IT return jarur bhare.... Or aap maal to kisi b राज्य se kharid skte h...
Q. Whether it is compulsory to take registration under GST if i am making inter state purchases and my turnover is less than 20 lakhs.
A. No... Inter state purchasing kr skte h... Bina GST no... Lekin sell to ek hi state me hi krna hoga... Aap chahe kisi b state se purchase kare isse koi frk ni padta... Koi GST no. Ki jarurt nahi 20 lakh se km me.... Or agr inter state sell karore to GST jaruri h.
Q. मेरी किराने की दुकान है, एक दिन में 30000 rs तक होता हैं मैक्सिमम अभी में क्या करूँ
A.Aap GST no. Lele... Aapko benifit b milega... Aapki sale achi khasi h... Phle GST no. Le le kyoki aapka business 20 lakh per year se jyada hota hai to GST no lena jaruri h... Bad me aap dekh le kis scheme me jana h aapko.
Q.PAN ya GSTN ke bina wholesaler maal dene se inkar kr rhe h. iska kya kre.
A.Pan to hona chahiye... Iske bina aap annual ki final IT return kese bharte ho... GSTN jaruri ni h.. Par pan to hona chahiye... Isse aap ka TDS agr katta h to vaps b mil jata h
Q. Turnover ki ganana kaise kare.
A. Kuch bus ye dekho ki aapka total business 1 financial year me kitna ho jata h... Yehi turn over hota h. Turnover 20 laakh se kam hai, aur GST Inspector check karne aag gaye, aur GST nahi hai to unko kaise proof karonge ki tumara turnover 20 lakhs se kam hai..
Q. Mera money transfer ka business hai 20lakh ka remittance ek din mein hota hai toh mera turn over kya hoga.
A.Aapko to pakka GST lena hi padega kyo ki aapka टर्नओवर to kafi jyada h but aap service tax me aate h... Dekh lo 20*12=240 लाख रुपये hoga.
Q. Mera CA toh bolta hai ki money transfer ka matlab hai customer ka paisa hai. Mera kidhar hai hai. Hum log toh customer ka hi paisa usske khaate mein account mein daal rahe hai na. fir mera turn over kitna huya . Aap galat jankari maat do.  Mera CA bolta hai ki aap ka turn over zero hai kunki vo jo paisa aap ka nahi hai customer se le ke customer ke khate mein daal rahe ho.
A. Commission calculate karo.
Q. Mai maal dosre state se mangwata hon aur year TO 20 lack tak h to compny wale bagair GST No K maal kaise denge.
A. Aap maal to le skte h... Kisi b state se isme GST ka koi jaruri ni... But 20lakh se km ho... Kyoki aap to tax denge to isme kya problem... क्योंकि government ko sirf tax chahiye wo jo aap de chuke ho to ab chahe use becho 20lakh tak me aapse koi kuch ni puch skta h.... Ha lekin aap yearly पर्सनल रिटर्न भरते raho.
Q. Cable TV payment GST bill dena Padega.
A. Agr aapne GST no. Le rha h to bill de or agr 20 lakh se km business 1year h or GST no ni h to... Aap vese hi kacche bill de skte apni दुकान के नाम पर. अन्य विशेष परिस्थितियां - जिसके अनुसार आपको GST लेना ही पड़ेगा ! वह व्यक्ति जिसे धारा 37 में GST Deduct करना हैं Casual taxable persons non-resident taxable persons every electronic commerce operator an aggregator who supplies services under his brand name or his trade name
Q.मेरा स्वीट सुपारी का बिजनेस है मैं अब दूसरे राज्य से माल मंगाता हूं और मैंने जीएसटी नंबर भी ले लिया है लेकिन मेरा सालाना टर्नओवर 2000000 रुपए से कम है तो मुझे 3 महीने और साल भर में कौन-कौन से Returns भरने होंगे प्लीज मुझे डिटेल में समझाएं
A.Ager aapne GST me registered hai to monthly aapko 3 return file karni hogi.
Q.Mera dukandar mujhse pakka bill mang raha h magar mera tarnowar 20 laak se kam h to me kya karu kya koi aur rajistration hai.
A. Bolo ki mai small business owner hun ... usko bhi phayada hai use GST nahi dena padega.
Q. Agar tax free goods h to dusere state me sale karne ke liye GST lena padega
A.नही
Q.What is the rate of tax for residual entry in GST for transactions classified as services ?
A.18 percentage
Q. If transport located in Mumbai and I located in Delhi then what tax we would deduct under reverse charge mechanism means IGST or CGST and SGST?
A.I think it's IGST. IGST will apply, Please refer place of supply rules. Tax will be apply according to the place of supply and only responsibility to pay tax is shifted in reverse chargeIn case of two branch in one state and having one GSTIN number, Invoice and delivery challan book for for both branches will be separate or same.
Q. We Tour Operator Service Provider. How we could charges GST on Air Package, Rail Package, Taxi/Cab Package & Hotel Booking.
A.You will pay GST on the services that you have provided to the customer. If you include commission in the invoice,  if you doesn't include commission in invoice, then it will come under reverse charge. Hotels, Aircraft Carrier will pay on your behalf.
Q.I want to know one retailers do interstate purchases but made all the sale within its state. Whether he need Registration, as his turnover is below 20 lakhs.
A. No GST registration is required.
Q. If Capital goods (such as Laptops) transferred from one office in a state to another office in a different state will also trigger taxable event.

A.Yes it will attract tax.

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