About Us:- •We have pleasure to introduce ourselves as Consultants in the field of Goods and Service Tax (GST) having more than 35 years of practical experience of industries in this field. •Our team is headed by Mr. Kaustubh Ram Karandikar who is a proprietor of this firm. •The other core members of the team consist of Professionals and Chartered Accountants who had earlier worked in the industries and handled the portfolio of Goods and Service Tax (GST) and Accounts. About the Proprietor:- •Worked for 10 years in different multinationals like Larsen and Toubro, Johnson & Johnson, OTIS Elevators, Fiberglass Pilkington etc. and was mainly looking after Central Excise related functions of the company. •Worked for 10 years with a leading Advocate firm in Mumbai as an ‘Associate’ and was heading their Internal Audit team for carrying out Central Excise and Service Tax audit of different multinationals all over India. •For the last 15 years running successfully own consultancy firm in the field of Indirect Taxation with core expertise on Central Excise, Service Tax and Goods and Service Tax(GST) related matters. Services Offered:- Consultancy •Opinion/ guidance over phone & email on GST matters. / Obtaining GST Registration Services on Retainership basis •Monthly Visit to carry out internal GST Audit & submitting the report for taking corrective actions. •Filing Monthly / Quarterly and Annual GST Returns. (including Reconciliation of GSTR – 2B vs. 3B) Internal Audit Goods and Service Tax (GST) The purpose and coverage include the following: •To bring out areas of Non-Compliance and point out Financial Impact / Procedural Lapses. •The audit will cover all transactions shown in Monthly GST Returns including accounts related records. Legal Issues on GST:- •Draft of Reply to Shaw Cause Notices and attending Personal Hearing. •Drafting of First Appeal & attending Personal Hearing before Commissioner – Appeals & CESTAT. In – House Training Programmes on GST:- •To impart knowledge of GST provisions to the various executives of the company so as to appreciate the intricacies of the law and to ensure strict compliance to avoid unpleasant consequences.
Showing 1 to 20 of 376 Results
Issue Id: 119006
XYZ Co-op Society Ltd is a registered commercial Society under the Maharashtra Co-op Societies Act 1960. XYZ has obtained GST registration under ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118990
XYZ is owning a factory which is situated on land taken on lease from the MIDC. XYZ is selling the entire factory along with assets and liabilities ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118963
The limitation period under Section 73 is 3 years and under Section 74 it is 5 years. Under this situation, can the GST authorities conduct audit ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118869
XYZ registered with GST importing goods and storing at PQR (FTWZ – 1) without paying import duty. From FTWZ – 1, goods are ‘Billed ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118866
On the GST Portal in Return GSTR-2B of October'23 reflected the party Debit Note and bill dated 31-03-2023. We received soft copy of the debit ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118838
Based on GST Intelligence wing show cause notice, GST under reverse charge paid towards import of service from the year 2017 to 2023 in the month of ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118819
A partnership firm is providing bus services to a body corporate and not charging GST in the invoice. Whether the body corporate is required to pay ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118806
Goods are supplied to SEZ under LUT without payment of GST. Subsequently, Debit Note is issued to the customer towards recovery of freight charges in ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118780
In view of the Notification No. 11 and 13/2023 issued regarding GST on ocean freight, does it mean that even if contract is FOB and if the Shipping ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118772
Goods imported in the year 2021 against which differential customs duty including IGST paid in 2023. Can ITC be claimed on the IGST element against ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118716
XYZ (India) is receiving ‘Technical Consultancy services’ from a person outside India. GST under reverse charge is paid on it by XYZ. ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118687
Amount recovered from the customers in the financial year 19 - 20 towards non – issuance of Form – C (relating to VAT regime). Whether ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118683
XYZ, the subsidiary outside India had made some expenses towards exhibition held outside India and amount of the same was recovered from PQR which is ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118682
During the period 2019 - 20, Re – Work carried out on goods received back from the Customers and after re – work it was sent back to ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118680
XYZ Pvt. Ltd. and PQR Pvt. Ltd. are not related. XYZ had given loan to PQR and charging interest on the same. In my opinion as per entry no. 27 of ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118676
Amount paid by XYZ Pvt. Ltd. to Mr. PQR (Proprietor – ABC) towards Repairs & Service Charges and Labour Charges and ABC paid GST on it. Mr. ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118675
Goods lost in transit as informed by the Courier service who had collected the goods therefore GST not paid on it. Whether it is correct? If not, ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118667
XYZ (Maharashtra) had received the consultancy services from PQR (an advocate from Delhi). PQR is registered with GST but for this particular service ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118666
XYZ exported the goods which needs some rework / repairs at the customer’s premises outside India. The subsidiary Companies outside India had ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118660
GST wrongly paid under the head CGST + SGST instead of IGST in June’2019. Mistake noticed by the Range Officer in July’2023. If the IGST ...
Read Full Issue Goods and Services Tax - GST
182 Replies on 110 Issues
Issue Id: 119006
XYZ Co-op Society Ltd is a registered commercial Society under the Maharashtra Co-op Societies Act 1960. XYZ has obtained GST registration under ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118838
Based on GST Intelligence wing show cause notice, GST under reverse charge paid towards import of service from the year 2017 to 2023 in the month of ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118819
A partnership firm is providing bus services to a body corporate and not charging GST in the invoice. Whether the body corporate is required to pay ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118687
Amount recovered from the customers in the financial year 19 - 20 towards non – issuance of Form – C (relating to VAT regime). Whether ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118682
During the period 2019 - 20, Re – Work carried out on goods received back from the Customers and after re – work it was sent back to ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118680
XYZ Pvt. Ltd. and PQR Pvt. Ltd. are not related. XYZ had given loan to PQR and charging interest on the same. In my opinion as per entry no. 27 of ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118675
Goods lost in transit as informed by the Courier service who had collected the goods therefore GST not paid on it. Whether it is correct? If not, ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118666
XYZ exported the goods which needs some rework / repairs at the customer’s premises outside India. The subsidiary Companies outside India had ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118660
GST wrongly paid under the head CGST + SGST instead of IGST in June’2019. Mistake noticed by the Range Officer in July’2023. If the IGST ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118646
XYZ had kept the goods in bonded warehouse by filing in – to – bond bill of entry. Subsequently, the customer of XYZ is clearing the ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118640
XYZ is providing management consultancy services to Free Trade Warehousing Zone (FTWZ). Whether it will be treated as export of service and if yes, ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118623
In the formula of refund under inverted duty structure, the taxable person had considered the turnover of both manufactured and trading items and ITC ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118608
1. What is the Applicability of GST on the penal interest charged by a cooperative housing society from its defaulting members.2. What is the ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118595
Instruments viz. diagnostic kit are supplied on ‘Free of Cost’ basis to the customer under a Delivery Challan without payment of GST with ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118582
When an un – registered person goes to a jewellery shop for selling the jewellery, the shop owner needs to pay GST under reverse charge on the ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118576
XYZ had wrongly availed credit of IGST. The same was reversed but without paying interest since, even though there was no ITC balance in IGST account ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118574
If original invoice with GST is issued in the financial year 2020 – 21, whether credit note with GST can be issued in financial year 2023 ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118570
Sale Value of the motor car is Rs.28 Lakhs while depreciated value is Rs.10 Lakhs. GST is paid on the difference value i.e., on Rs. 18 Lakhs. How to ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118566
XYZ is recovering amount from supplier as penalty towards late delivery of goods. Is XYZ required to pay GST on the amount recovered in view of the ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 118548
Software is developed and the same is sent to the customer outside India through cloud services. Whether it will be treated as export of services?
Goods and Services Tax - GST
No articles posted by the user yet!