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Sai
I have residential property which I am planing to rent out for a Play School for a period of 2~3years.what are the GST implications on the rent income? I am a salaried employee and not registered under GST
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If you are earning income from business, including rent and any other exempted income of more than Rs 20 lakh per annum, you will have to register yourself under GST. For more professional help , reach us @ www.tarunguptaca.com or call at 9218516819
T&C applyS
Subaddra
Hello! I own a registered services company and mainly provide translation services. I have LuT and recently got a project through an online platform called Upwork Global Inc. The project was done for $75. How it works with Upwork is that the client remits the money to Upwork, in turn after a week, Upwork deducts 20% as service charge/ commission and deposits the balance amount to my bank account. Now comes the confusion. I raise invoice for $75. But got only $60 whose equivalent of Rs. 4705 (apprx) was deposited to my bank account. Now how do I raise file GSTR? I cannot equate the value of $75 and create GST invoice because it will contradict the deposited amount. I can't do vice versa because the client did pay $75. Please help.
Hello, You can create invoice for the deposit amount, which you got for the services provided of rs. 4705 and this amount was inclusive of GST if you have not charges separately. For more help write on capushkaragrawal@gmail.com
Subaddra 27 Feb 2023Thank you very much🙏🏻
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Shruti
Hello,
1.. I need to know if we can register one company in two countries?
2. If we register a company by some other name can the brand name be different? Or is it necessary to have the same brand for the company of the same name?
3. I want to open an arts organization in collaboration with my friends from different countries. They all live in different countries. One is from England, one from Nepal, one from Japan, one from Australia and one from Srilanka and Bangladesh each. How can I do that?
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Sandeep
Hi please help me to know that if we take closing stock value approximately in last Financial year now in opening stock we have to entered value item wise how it can be done.??
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Sandeep
Sir if we take closing stock amount approximately in last Financial year but now we have take that as a opening stock amount how we can manage that amount in inventory.
