can some body advice me that if i want to held the exhibition and invite small traders & house wives to display there products in space allocated to them. What will be the implication of GST, given the condition that my turnover is less then 20 lakhs a year and majority of the traders/house wives turnover is less then 20 lakhs. more
Prima Facie no GST implication on you unless you are liable to pay under reverse charge on any services received by you. On others would depend on case to case but prima facie no implication unless they have interstate deals or expenses liable to reverse charge more
This is with reference to the query of Devendra Singh in respect of rent. In case the property is let out for commercial purpose, it is liable to GST. However, if your tenant is registered under GST he is liable to pay GST under reverse charge basis. That is he is required to pay you the entire rent and deduct income Tax on such rent. He is liable to pay GST on an amount of INR 29500/-. He will be eligible to take credit of the entire GST paid for discharging his GST liability. He is trying to cheat you. In case your tenant is not registered under GST, then no GST is payable by him or by you as your total annual rent is less than 20 lakh. more
Receive your mail, you are doing good job for the awareness of the people for GST. Are you charging for these information.? Please give all details. Regards more
My ncome is below 20 lacs I am landlord rent ₹29500/ months so lam not registered in GST teanent want to cut 18 percent from rent please advise me more
GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
7 years post the launch of GST I must tell you that most retail services businesses in India still evade it and Govt has failed to do anything. From ac repair fellow to caterers and from...
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...
Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...
The GST Council has recommended 5% GST on dairy items like pre- packed, pre-labeled curd, lassi and butter milk and increasing GST on dairy machinery and milking machines from 12% to 18%. This move...
Bicycle will attract a GST rate of 12%, but diamonds will attract only 0.25%. At a time when people aren't able to afford petrol & the poor are forced to commute on cycles, the govt charges 12%...
By Ruchika L Maheshwari
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