Are GST refunds taxable ?
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Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on May 08,2021Are GST rebates taxable ?
If you mean refund of GST Input, it is taxable under income tax.
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Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on May 15,2024I'm the owner of shop. As I'm giving my shop for rent. And he is asking me for NOC to make a GST Registration. Should i give him NOC or not?
Yes, you can give NOC. Otherwise, you can add a clause allowing your tenant to carry on business on ...
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Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on May 07,2024I got suo-moto notice from GST office stating cancellation of my GST registration after field officer visit. I have obtained GST one week ago only for E-Commerce selling purpose. Doesn't I have any business right now?
Reason for cancellation of registration must have been mentioned in the notice. You have to provide your response accordingly.
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on August 09,2023If I have gst number as a professional consultant and my turnover is not 20 lacs still I have to pay gst on each fees?
No not required.
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Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on May 07,2024I am a new online seller (stationary) with GST. But my main income is from art classes. Do I have to charge GST on my art classes which is not related to my online business as I am a proprietor ? Can I show both income different in ITR?
GST registration is PAN based; hence GST shall be applicable & charged on receipts from all businesses running under ...
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on August 09,2023I have registered GST for my proprietor company. Legal name is ABC and trade name is XYZ. The bank account is in the name of ABC. Can i request payer to give me cheque in the name of ABC? Or cheque will it be in the name of XYZ only?
If you are registered with GST I would request you to get your bank cheque with the trade name ...
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on July 24,2023I have online website but turnover is ZERO. Is it mandatory to file a GST every month? If answer is yes, then can an individual file a GST without CA?
Yes it's mandatory to fill whether you have zero turnover, you can file by yourself too zero turnover return ...
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Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on May 07,2024I have my name on gst registration as "LOKESH S**** XYZ" but on gst invoice the name is "Lokesh XYZ". Is that okay that middle name is missing or will there any issue while claiming input tax?
There won't be any issue if your GST number is correctly mentioned in the invoice.
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on August 09,2023What should I choose in the reason to obtain registration in the GST portal, if my place of business (registered) is in some state but now I want to apply for a separate GST in some other state where I am going to open a branch of my pvt. ltd company?
You will require business premises details to get it done in other states. If you want to get it done ...
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on July 08,2023I'm a GST registered entity, I want to take a residential property(from a non registered person) on rent as a additional place of business. What will be the gst liability and who will be liable for the payment
If you want to pay rent you can pay and claim GST only the thing is the landlord/Owner should ...
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Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on June 30,2023I have started a small saree business of Rs 3 Lakhs and my monthly sale has not crossed ten thousand. Do I need to apply for GST?
Yes, if you are selling sarees online/out of your home state.Else not required!
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MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on July 08,2023I am living in a rented house. I want to start my e-commerce business in this property. So i need GST for the same. For GST registration i have rented agreement and electricity bill with me. Do i need Aadhar card and pan card of the landlord also?
No as business you are going to take it ahead the details required is yours, only rent agreement we ...
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