I am referring your lectures,very nice as if i am sitting in the class & learning. I am from Pune. Nice ,keep it up & carry on these lectures online on youtube...
Sir If I am under composite scheme & I am purchasing stationery from unregistered person than I am liable to pay tax u/s 9(4)? If yes at which rate? normal or composite rate?, how I make invoice bcz I can't issue tax invoice.
We have a small travel agency, when the ticket issued by adding our share will the party will come to know about it. Is the invoice copy will will send to the party showing the actual ticket please clarify, ok we will pay the GST( wahtever)to the Govt. for the extra charged by us. Please clarify this.
sir maine composite scheme main registration liya hai. aur man lijiye mera sale 30 lakhs hai aur mujhe tax dena hoga 1%i.e 30000 to maine apni tax save karne k liye main LOCAL MARKET SE KUCCHA BILL le rehe hai aur sale vi kar rahe hai KUCCHHA main to isi hisab se mera TURNOVER KO LAYA 10 lakh tak to iha pe mera tax banta hai 1% i.e. 10000 then SALES TAX DEPARTMENT KO KAISA PATA CHALEGA mera ACTUAL SALE K BAREME. please help or suggest
Hi , I have a query regarding RCM vis a vis Composition dealers. If a registered person u/s 10 of CGST ACT takes any inward supply of goods or service from an unregistered person, he is liable to pay tax under RCM with no ITC available to him on tax paid.But what if such registered person under composition scheme under Sec 10 of CGST ACT gets any inward supply of goods from another registered person under composition scheme under Sec 10?? Will he be still liable to pay tax on inward supply of goods under RCM?? The bare Act is not clear on that ...
We are into Supply & Installation of VRV System. Generally we take a Seperate PO Towards Supply of VRV Systems which is Taxes @ 28% GST. Now with Regards to the Ancillary Works which includes Supply of Ancillary Materials & Installation of the same along with installation of the VRV System, what would be the rate of GST. Option 1: 28% on Entire Ancillary Works including Supply of Ancillary Materials & Installation thereof Option 1: 28% on Supply of Ancillary Materials & 18% on Installation thereof Option 3: 18% on Supply of Ancillary Materials & 18% on Installation thereof Please clarify
Composition dealer March month ka bana tax april me pay karta hai Outstanding composition tax Ko current liability me dalega balance-sheet ki end me To wo liability khadi karne ke entry kese hogi? Kise dr kise cr karega Plz reply sir
sir, i want to know, if a Uttar pradesh registered dealer purchase from Ex up then he paid IGST on that purchase and after that he sell that goods in UP only then he collect SGST + CGST then how much he pay to central or state or both at the time of return to government...and also if he purchase from UP and sell the goods to ex UP...then in that case also....
namaste sir if we buy product from composition scheme manufacturer to our composition scheme manufacturing scheme. does that legal. and are we liable to depoait reverse charges. thanks
hi dear sir this must questions for small soft drink manufacturing we can go in composition scheme or not because ice cream tobacco is not able to get scheme pls must reply this question
Sir I use to sell used product online after gst I have to sell used under reserve charge due to this the profit is too low .. recently I heard about the margin scheme 32(5) . Does this scheme can be applied for selling online ? If you can help that will be great. I buy the product from unregistered dealer
Karan Maheshwari it is an optional scheme if u want to take benefit of composition scheme u can take by filling CMP 01 form once your limit exceed 75 lac u have to file cmp04 within 7 days to opt out of this scheme, till then you can enjoy benefit of this scheme
sir I if I have a stock of goods rs 10lac on 30th june17 but no itc in hand whether I have to pay tax in Gst before adopting composition scheme also all stock is of local vat paid but presently no itc in hand
sir im civil contractor and also i supply some goods of housekeeping to same department and my aggregate turnover is below 50 lakhs and i only deal in delhi so can i opt for composition scheme and which tax rate is applicable on me. reply
Dear sir, If we opt for the composition scheme under the GST, the restaurant should not deliver the food via eCommerce platforms like Zomato, foodpanda, and Swiggy. Is that true? Because 90% of the restaurants use these platforms for delivery, and hence confused. Please advise.
sir, I am a small business man.iwill be migrating from vat to composition scheme. sir I have purchased readymade garments from Karnataka in April may & june 2017.should I take the credit input of purchases made in these last 3 months. please clarify. Masood
we are CST dealer 80% central purchase sale only retail sale approx 25 lac yearly ha hamare pass 10 lac Ka stock ex state Ka ha tax deposit kar ham composition scheme me ja sakte hain please reply
mera engineering workshop ha or mera turnover 8 lakhs s gyda nahi ha or mera kam company o ma repairing ka chlta ha Chalta h to muje con si scheme m gana ho ga composition ya regular m please I m confused
Hello Sir can you please explain the requirements & effects of GST on Blogging and video-logging careers with reference to their possible income through affiliate marketing ? Simply put, can you please make a special video showing whether GST will be required for Bloggers and if yes, then how do they register for it online? and once they get GST number, what are they supposed to do with it (since they never need to raise invoices)? If you ever make any video throwing light on blogging & GST connection, please leave a link of it here in reply. Thanks
Sir thanks for the video... bahut much clear hua.. sir mai garlic aur onion ka seller hu aur mahine me lagbhag 8 lakh ka sale kar leta hu....mujhe koi tax lagage kya.. mai katcha maal me deal kar raha hu...
I am CST dealer , I purchase from outer state at2%cst against c form , I sold medicine to my local party in my home state before gst regime , now can I buy back same products from him after gst , now I m registered under composite scheme .
Tax was deducted at source under 194J. I dont have a form 16/16A, I only have form 26AS. Which ITR form should i fill to file tax return. there are no other sources of income and income tax website shows only two options for e-filing ITR1 and ITR4A. Can anyone please explain how i can file a return?
No, ice cream, tobacco, pan masala manufacturer cannot opt composition scheme as per latest notification of finance ministry if still you have doubt u can whatsapp me at 9716465106
Sir I m a handloom saree retailer under composition scheme. And want to do purchase of goods other than my state. So do i purchase saree other than my state
sir kya section 9 sub sec-3 aur sub sec-4 jaha par revorce charge machening lagta hai kya wah composition scheme me regi... kara sakte hai jaise koi gadi ka sarvice center kholta hai gadi ki sarvice karta aur parts bhi bechta hai to wah composition scheme me registration kara sakta hai please contact 9956383409
En video sy exam myy boht help ho jati hyyy thxxxxx
The Limit has been Extended to 1.5 crores in The 23rd GST Council Meeting held on 10th November 2017.
yes dear you are right , from Nov 2017 aggregate turnover limit is 1.5 crore
thank you sir . ab mujhe bilkul clear ho gaya. apke samjhane ka system bahot he accha hi. thanks again.
thanks sir for teaching us in a easy way about GST
Sir mera gst composition scheme me hai . Mane ek tractor khrid liya hai . Uska itc lene ke liye kya kre.
I am referring your lectures,very nice as if i am sitting in the class & learning. I am from Pune. Nice ,keep it up & carry on these lectures online on youtube...
Sir. Pls share complete video on GST COMPOSITION SCHEME
Sir If I am under composite scheme & I am purchasing stationery from unregistered person than I am liable to pay tax u/s 9(4)? If yes at which rate? normal or composite rate?, how I make invoice bcz I can't issue tax invoice.
We have a small travel agency, when the ticket issued by adding our share will the party will come to know about it. Is the invoice copy will will send to the party showing the actual ticket please clarify, ok we will pay the GST( wahtever)to the Govt. for the extra charged by us. Please clarify this.
while appling composition... dealer will hv to pay tax on stock held...appointed date...?
Thanku Sir your videos are very helpful
Sir please give the full video
sir maine composite scheme main registration liya hai. aur man lijiye mera sale 30 lakhs hai aur mujhe tax dena hoga 1%i.e 30000 to maine apni tax save karne k liye main LOCAL MARKET SE KUCCHA BILL le rehe hai aur sale vi kar rahe hai KUCCHHA main to isi hisab se mera TURNOVER KO LAYA 10 lakh tak to iha pe mera tax banta hai 1% i.e. 10000 then SALES TAX DEPARTMENT KO KAISA PATA CHALEGA mera ACTUAL SALE K BAREME. please help or suggest
Hi SIR
I want to know calculations of turnovers for composition delar.
Weather exempt sale also added to turnover or not.
Hi , I have a query regarding RCM vis a vis Composition dealers. If a registered person u/s 10 of CGST ACT takes any inward supply of goods or service from an unregistered person, he is liable to pay tax under RCM with no ITC available to him on tax paid.But what if such registered person under composition scheme under Sec 10 of CGST ACT gets any inward supply of goods from another registered person under composition scheme under Sec 10?? Will he be still liable to pay tax on inward supply of goods under RCM?? The bare Act is not clear on that ...
We are into Supply & Installation of VRV System. Generally we take a Seperate PO Towards Supply of VRV Systems which is Taxes @ 28% GST. Now with Regards to the Ancillary Works which includes Supply of Ancillary Materials & Installation of the same along with installation of the VRV System, what would be the rate of GST. Option 1: 28% on Entire Ancillary Works including Supply of Ancillary Materials & Installation thereof Option 1: 28% on Supply of Ancillary Materials & 18% on Installation thereof Option 3: 18% on Supply of Ancillary Materials & 18% on Installation thereof Please clarify
if yes to kya kuch rules follow karne hoge
Reverse charge applicable on services ????
sir plz make playlists and add relevant videos in it. it would be easier for everyone to find each chapter at one place. thank u
my company work as wct how many tax rate in wct service tax all goods purchase from inter state
Composition dealer
March month ka bana tax april me pay karta hai
Outstanding composition tax
Ko current liability me dalega balance-sheet ki end me
To wo liability khadi karne ke entry kese hogi?
Kise dr kise cr karega
Plz reply sir
Hi i want to know how to make sales bill in tally for inclusive of tax
sir, i want to know, if a Uttar pradesh registered dealer purchase from Ex up then he paid IGST on that purchase and after that he sell that goods in UP only then he collect SGST + CGST then how much he pay to central or state or both at the time of return to government...and also if he purchase from UP and sell the goods to ex UP...then in that case also....
Sir i have 1 question
Sir what is deference gstr4 composition scheme and normally composition quarterly scheme sir plzzz tell me...
Dear Sir,
I am non GST supplier, even i am out of composition scheme, what bill format i have to choose for sales.?
Sir kya carpainter composition se regular mai aaskata hai?
sir please explain what is the turnover in GST means the turnover is only sale or sale + purchase + expenses
Ishu Agarwal all taxable supplies
excluding
inward supply on which tax is paid on reverse charge basis, exempted goods, export of goods and services.
Can a composition dealer issue tax invoice while sale? Or can composition dealer able to collect output tax?
tnx sir is video ke liye.... sir ek jankari chahiye ki..mene 100 ka mal 6% cgst or 6% sgst ke bad 112 me kharida to use kitne me bechna hoga?
Sir, maine composition opt kiya hu, lekin mera jo balance stock ke bacha hai uske uper mujhe tax barna hai ya nahi, plz confirm thank you
Reply
namaste
sir
if we buy product from composition scheme manufacturer to our composition scheme manufacturing scheme. does that legal. and are we liable to depoait reverse charges.
thanks
sir m puch raha tha jaise sir hum service provide karvate h jaise photogrphy ka to sir hame gst tax dena hoga ya nahi
hi dear sir this must questions for small soft drink manufacturing we can go in composition scheme or not because ice cream tobacco is not able to get scheme pls must reply this question
Sir if a dealer only purchases from other state but sold the goods only in intra state can he avail composition scheme...??
sir agar dealer ki tax free sales rs.50 lakhs he to kya use bhi lum sump tax pay krna hoga in this composition. scheme
Such dealers can not opt Sec 10
Sir I use to sell used product online after gst I have to sell used under reserve charge due to this the profit is too low .. recently I heard about the margin scheme 32(5) . Does this scheme can be applied for selling online ? If you can help that will be great.
I buy the product from unregistered dealer
sit plz guide the it is applicable to the Service sectors
what if I don't want to come in composition scheme but my sale is near about 50 lacs can we do that?
Karan Maheshwari it is an optional scheme
if u want to take benefit of composition scheme u can take by filling CMP 01 form once your limit exceed 75 lac u have to file cmp04 within 7 days to opt out of this scheme, till then you can enjoy benefit of this scheme
Sir Maine 100rs Ka Maal 18percent pe 118rs Me purchase karta hu Tu woh mujhe kis rate me bechna hoga composition scheme me plz explain I'm confused
sir 1% of turnover tax can shown as experience in profit and loss account..
plz tell me y scheme manufacturing pr bhi lgegi ya Nhi i m a manuf..... with turn over 15lakh .
Harsh Saxena234 manufacturing par lagegi aur apko 2% ka tax pay krna h quater
yes , excluding ice cream, tobacco & pan masala manufacturer
Wonderful
sir I
if I have a stock of goods rs 10lac on 30th june17 but no itc in hand whether I have to pay tax in Gst before adopting composition scheme also all stock is of local vat paid but presently no itc in hand
Atul Gupta
sir im civil contractor and also i supply some goods of housekeeping to same department and my aggregate turnover is below 50 lakhs and i only deal in delhi so can i opt for composition scheme and which tax rate is applicable on me. reply
Simple things to express simple way is very hard.
Dear sir, If we opt for the composition scheme under the GST, the restaurant should not deliver the food via eCommerce platforms like Zomato, foodpanda, and Swiggy. Is that true? Because 90% of the restaurants use these platforms for delivery, and hence confused. Please advise.
no it is not allowed under composition scheme that supply of any goods and services via e commerce mode
Sir, if a tax invoice have two types of tax rate in one invoice. it invoice have same invoice no. is the same invoice no. Except in return
Sir,
koi Composite dealer agar tax free goods sale karta hain.....to kya us dealer ko bhi tax free goods pe tax dena hoga 1% ya nahi dena hoga..
sir i am composition holder and can i sell goods which brought to other composition holder
sir, I am a small business man.iwill be migrating from vat to composition scheme. sir I have purchased readymade garments from Karnataka in April may & june 2017.should I take the credit input of purchases made in these last 3 months.
please clarify.
Masood
no input tax credit is available under composition scheme dealer, so u could not avail itc if u r in composition scheme
sorry inter state supplies vaalon ko composition scheme se bahar rakha gaya hai...
we are CST dealer 80% central purchase sale only retail sale approx 25 lac yearly ha hamare pass 10 lac Ka stock ex state Ka ha tax deposit kar ham composition scheme me ja sakte hain please reply
Nice vedio sir, Jay siyaram
क्या मंडप कीपर ( शादी घर) भी कम्पोजीशन स्कीम का फायदा ले सकते है और अगर ले सकते है तो कैसे ? उन्हें कितना टैक्स देना होगा
Nazir Hussain unhe composition scheme ka fayeda mileage unhe 5% tax dena hoga
Sir mera medcal shop hai mera montheli purcez 2laks hai so mujhe normal ya composition kon sa schem me jana cahiye
mera engineering workshop ha or mera turnover 8 lakhs s gyda nahi ha or mera kam company o ma repairing ka chlta ha Chalta h to muje con si scheme m gana ho ga composition ya regular m please I m confused
sir a person who is registered in GST and his turnover less than 15 Lakhs can he move to composition scheme is it possibile
kya humko bhi krana hoga koi registeration
this is only for B2B?????
Thank you sir
sir meri farm Bani huai h, mai return file NIL Karta hu, abhi koi Kam Nahi hua h, kya Mai composition lai Sakta hu, mujhe Laine ki jarurat h ya nahi
Sir ji composition sechme wala dealer out of state purchase kar sakta hai
yes
thanks sir
Janesh Mangla
sir kya computer service karny wala composition scheme ly sakta h
sir mera medical shop he to composition mere liye usefull rahe ge?
how to change to composition scheme
while migrated I have not opted plz guide
Rakesh Jain now u can fill form CMP-01 to opt this scheme before 31st July
sir please can you tell me how to change composition delear to regular tax payer under GST New registration
sir if a reg dealer sale both the goods taxable and non taxable. is it elgibile for composition scheme. pls reply
Jagdish Sharma no as per 10(2)
Hello Sir can you please explain the requirements & effects of GST on Blogging and video-logging careers with reference to their possible income through affiliate marketing ? Simply put, can you please make a special video showing whether GST will be required for Bloggers and if yes, then how do they register for it online? and once they get GST number, what are they supposed to do with it (since they never need to raise invoices)?
If you ever make any video throwing light on blogging & GST connection, please leave a link of it here in reply. Thanks
Sir thanks for the video...
bahut much clear hua..
sir mai garlic aur onion ka seller hu aur mahine me lagbhag 8 lakh ka sale kar leta hu....mujhe koi tax lagage kya..
mai katcha maal me deal kar raha hu...
what about wct
I am CST dealer , I purchase from outer state at2%cst against c form , I sold medicine to my local party in my home state before gst regime , now can I buy back same products from him after gst , now I m registered under composite scheme .
Mea wooden furniture manufacturer hoon.maine composition scheme le Hea. Kya mea wholesale mea composition scheme wale retailer ko maal de sakta hoon?
i think all lecture are incomplete on youtube. Sir please Share Complete Lecture.
Tax was deducted at source under 194J. I dont have a form 16/16A, I only have form 26AS. Which ITR form should i fill to file tax return. there are no other sources of income and income tax website shows only two options for e-filing ITR1 and ITR4A. Can anyone please explain how i can file a return?
use ITR 4 and declare income u/s 44ADA
Sir...
can a composite dealer sale to and purchase from any other state..?
Avni Mistry inter state purchase is allowed but no inter state sale is allowed
composition dealer pay gst on purchase of exempted goods or not??
Abhishek Goel no he need not to pay gst on exempted goods
thanku Dilipji for teaching so well. But I am a service provider so can u make a video for service providers also
New registration under GST opt composition scheme .
Q Now can switch for Normal tax payer .?
Ankit Varshney yes
sir composition scheme wale person composition scheme wale person se good purchase kar sakta hai
thank you
sir compostion scheme dealer agar unregistered dealer se prchase krta hai toh bhi reverse charge dena padhiga kya ///?/
iss scheme me bhi sec 9(4) rcm is applicable hoga dealer pr
Sakshi Chauhan ok mam thanks
section 9 sub section 4
party genrate self invoice section 31 subsectn 3 f
Composition Dealer other state se goods purchase kar sakta hai kya
Shahid Mohammad yes restriction on sale as in 10(2)
compsition delar interstate move kyu nhi kar sakta
Some video are not compliant. Sir Please upload full video.
Ser ager ham chote bayapari hae mera turn over 20 lakh se kam hae or mae other state se mal lena chahata hu to kon sa GST lena hoga
Tiger Ginda hae igst
sir
I m composition scheme dealer can I purchase a material in any another state in composition scheme
yes
sir manufacturers composition le skta h k nhi
taufeek saudagar yes le sakte h unhe 2% tax dena hoga
sir Bidi manufacturer b le skta h
No, ice cream, tobacco, pan masala manufacturer cannot opt composition scheme as per latest notification of finance ministry
if still you have doubt u can whatsapp me at 9716465106
Sir
I m a handloom saree retailer under composition scheme.
And want to do purchase of goods other than my state. So do i purchase saree other than my state
inter state sale is not allowed but purchase is allowed for u
Regular scheme pe video banayiye plz
50 Lakh in northen state and 75Lakh other state.. limit of composition scheme
sir turnover is upto 75 lakh
sir ... vedio adha he... main point last me rehegaya lesson 1 me (reverse charge wala )😭
mere business me taxable and non-taxable item he... to me composite tax lun ya na lun... plz clear
sir batana jaroor
Sir MP patwarisilebus tyari ke liye notes
Sir ak video ap buy one get one free scheme offer scheme par video bnao
Composit and supply
Now it raised to 1crore
Please update your vedio
Sir new video dale sir
Sir plz made videos in English
sir kya section 9 sub sec-3 aur sub sec-4 jaha par revorce charge machening lagta hai kya wah composition scheme me regi... kara sakte hai jaise koi gadi ka sarvice center kholta hai gadi ki sarvice karta aur parts bhi bechta hai to wah composition scheme me registration kara sakta hai please contact 9956383409
Sir'mera turnover 20 lakhs se kom hai.main composition mai hai.mujhe tax kitna dena hoga
Sir ye video to incomplete hair sir
plz tell me