All GST Queries Answered

Why are cars in our country still in 28% gst bracket. Want to buy a new car but tempted to buy a second hand? Can members of circle comment on this? If there is agreement, may be local ...

I hv a small trading business of less than a crore per year. We have kept one consultant for filling our monthly returns. I understand now that small businesses less than Rs 2 crore per year can fi...

One of my client obtained GST registration but didnt file returns as he has no running business. Now he was gettinh notices for not filing NIL GSTR3B returns . When logged in to GST portal fof fili...

If someone ends up buying ductable or VRV AC etc as an individual and not for business, is there any way for them to get some tax break in their income taxes. These items are charged at 28% tax rat...

Businessmen in Rohini, New Delhi via a set of companies conducted an input tax credit fraud of over 200 crores by issuing fake invoices between companies. fraudulen issuance of inputs tax credit wa...

Seems like out ask via the local circles for moving from 4 rate GST to 3 rate GST system has been accepted by GST counicil per their announcement yesterday.

If selling say 3 meters of cloth, billing one metre of cloth at `999 so that it could be taxed at 5% rather than at 12%. above 1000, tax rate is 12% and under 1000 at 5%. the seller who ...

Upon consideration of the matter, the Central Board of Direct Taxes (CBDT) extends the ‘Due Date’ for filing of Income Tax Returns from 31st July, 2018 to 31st August, 2018 in respect o...

I am living in Amarprakash Appts, Chennai. The builder is doing maintenance of the Apartment. The maintenance charge is Rs3/- per Sq.ft.He charges GST 18% on this. As all the houses are between 100...

I have started liking the GST since the last 2 rate cuts by Government but one area where relief is badly badly needed is Services. We get taxed at 18% for services. Hair cut, catering, movies, ac ...