Please teach by veryy method
extract a trial balance and prepare financial statements from source documents
I AM A STONE MINE OWNER REGISTERED UNDER GST. I AM PURCHASING REPAIR PARTS OF MACHINES FROM UNREGISTERED DEALERS LOCALLY. AM I LIABLE TO PAY GST UNDER REVERSE CHARGES.
I AM ALSO PURCHASING WATER TANKERS TO SPREAD OVER THE WAY TO AVOID AIR POLLUTION. AVERAGE PER DAY PAYMENT IS APPX. 2000/- BUT PAYMENT IS DONE ON MONTHLY BASIS ( WHICH EXCEEDS RS. 5000- AS SINGLE PAYMENT I.E. RS.2000X31=62000-). IS IT LIABLE UNDER REVERSE CHARGES.
hi sir,
If the vehicle will be used office itself....if it will services made they have to five the bill in the name of directors ......what to do ? where to show the entry ?......................