How GST Tax Credit Works?
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- čas přidán 11. 09. 2024
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So proud of you pratik💯 keep making such videos!!
Your videos are very informative and simple......and your shorts videos are also awesome ...
I was searching for a simple and crisp video on GST Tax credit. your video stopped my further search. Great way of explaining.
Mera doubt ye hai ki agar kisi ke paas GST no nahi hai, aur woh jaata hai apna gaadi ka tyre change karne, toh GST toh poora pay karega.
Aur jiske paas GST number hai woh GST ka tax credit ke claim karega. Woh bolega apne business ke liye gaadi use hota hai. Magar woh maximum apne personal use ke liye hi gaadi use karta hai.
Eh toh sirf ek cheez hai. Aise bahut saare cheez hain jisme jiska GST number hai uska fayda hai magar jiska nahi hai usko nuksaan hai.
Toh govt isko kaise tackle karti hai
did you get the answer ?
I am new to your channel sir your videos are amazing
You said in 4 days old that dont blindly copy anyone stock ideas
But i thought your ideas are trustful can i follow your investment ideas and wait for 5 6 years plzz reply sir
Thank you bhai for amazing information 🔥🔥
First pin me!!!
thank you for explaining it so simply.
How to get credit card for students
One lite card me minimum 2000 ki fd khol kar credit card le sakte ho
@@jain28vaibhav limit kitni hogi card ki?
@@hirankthakur6585 initially 110% of fd amount, lekin jaise jaise card ko ache se use karoge limit badti jayegi apne aap
@@jain28vaibhav thanks brother 👍
@@hirankthakur6585 fampay bro
Thanks bro for making it very simple for me
Such a talented guy.
Can we get the same benefit over proprietary registered business?
VIDEO WAS HELPFUL,THANKS BRO
Hey pratik ,
I have a question
What if i purchase a pc and claim 18% gst through my friend's gst number . To save money . Is this legal? Or it will make any kind of trouble?
Nope . It is totally illegal. If u r claiming GST that's means u are purchasing this product for business purpose.
See everything will be okay if the amount of laptop justifies with the amount of turnover of your friend if he's having huge no. of turnovers nothing will be harmed but if it's a small business then notice can come to him if he had regularly claimed ITC for every random product and at that time your friend may have to face a penalty and inspection
Love you too bhai
Hi i have one question
What if we have lets say purchased product for improvement of business and paid gst of 20k , but have not yet made any income from customers and lets say that gst i. Have received from sales is less than 20 k or not at all, then will i get 20 k refund for gst ?
Same question, can someone help answer it? Thanks 🙂
Ye do kauri ki youtuber bata nabi payega better to ask CA
Yes you can claim
Agar hamne purchase jyada kiya he sell se to kya ham vo tax cash me govt. Se le skte he kiya please answer this
Aage tax bhrega na usme se adjust hjyega..cash koi nh deta
Bhai vo next month ke tax me adjust ho jayaga
@@aadishjain7454 bhai self employed bhi ye kr skte h kya
@@aadityaprajapati3409haa bhai
Sir please answer
mere relative ki Gst Id hai, aur mujhe laptop Lena hai aur utna paisa😕 nhi hai ,to kya mai laptop par Gst credit claim kar sakta hu , 28% discount ke liye
Good Quality content, please do it in English.
Thank you bro for this new and interesting information.......
I want to buy laptop from hp store on credit card emi, can i still use gst number
No if you buy in gst you have to pay in full amount one time, emi is not applicable when purchasing with gst
@@saumiksarkar9834gst hone se gst officers vi ayga apka store visit karne ko
Great video ... Just a quick question related to my business. I am a Travel agent and purchase hotel rooms and transport for my clients. I want to know what if I purchase hotels room paying 12% or 18% GST and I charge 5 % GST to my client as I am selling tour package. Am I eligible for GST credit of 5% or more.
I'm New subscriber, I got one more useful video 😀
I have a doubt about how to claim gst file without any CA's help
Free and savings ke chakar me company's apko sale karadi jo apko utna zaroori nhi the..🤣
Agar GST In Number hai to fir kiya hamlog GST claim kar sakte hai..
You can only claim the ITC for products which would be use in furtherance of your business
Otherwise, you will start getting notices from authorities 💀🙃
Plz elaborate bro
Are laptop phone etc. business need hi hai😅 don't worry, just don't order 10 lakh rupees item with a turnover of 1 lakh😅
@@IndianTrickyManish matlab ki agar koi chiz business mai kaam aaye, uska hi input tax credit (GST credit) use kar sakte hai. Agar aapka grocery store hai, aur agar aapne personal use ke liye car kharidi, toh uska input tax credit (GST credit) apne business ki gst liability ke saamne off set nhi kar saktey
Which business you are doing ?
Hi Pratick
May i know what business service are you providing for people
What if I buy item for my business and gift it to someone . Then also am I eligible for ITC??
Buy the way love your videos bro ❤️❤️
@@manjushacherekar6089 How would someone know that I am not using it......
@@manjushacherekar6089 😂😂😂
@@Vinayadavofficial bhai gift me to wo item dega na. invoice thodi na dega. Aur IT wale konse check karenge ki item tumhare paas hai ki nhi
@@Vinayadavofficial Bhai apn dusre person k gst number se laptop buy kr skte h ky?
Well!! legally you cannot get ITC, Govt. assumes you are using the particular product for your business for at least 5 years. So, there is no point of gifting.
But as you mentioned above in the comment, "How would someone know that I am not using it......", well!! my friend!! that depends upon the value of the product. Basically, you'll be safe until there is an inspection.
WELL EXPLAINED
One question is that if I am buying anything from my Amazon business account so the payment should be done from company account or Can i use my personal credit card? Will I get benefit if I use my personal account like Gpay or Credit card ? Kindly help.
Thank you bro ❤️
Very well explained
How govt comes yo know that the product is for office use or personal use...
I can purchase AC for office and use at my home...
Hi Pratik,
Can i cliam GST Credit if i buy this Macbook with student discount?
No brother you can only claim one discount
Thanks bro
Thank you❤
Excellent information
If I am a consumer and purchased many items and paid huge tax as part of it. Does anyway consumer can get some returns while filing taxes?
NO.
Jo End consumer/ultimate consumer hota hai usko hi Tax bear karna hota hai.
What is the benefit when it's just cancelling my payment to the government
Bhai the payment you are making to govt is not out of ur pocket but it's the GST you've collected from customer which ultimately you've to pay. So ultimately you are benefited as your gst on that product is cancelled
@@amritansh3357 damn ek saal baad mera doubt solve hua
But some companies like hydropower does work
I also prefer to shop with Amazon instead of Flipkart
What kind of bussiness you exaxtly own bro ...
If you can explain that in a video. .that would be ...really helpful .
And what kind of frelancing work you do ...??
Apart from u tube and trading...!!
Thanks you so much making my comment a video
Pls make a video on credit card for students with full plus points and negative point should we use it or not
Sir main koi buisness nahi krta.... Lakin GST claim krna h possible h kya?
I registered my gst/company 1 week back, can I claim 3 months old Bill of LAPTOP purchased for business??
Yes
No
Kyuki bhai jo laptops ka invoice hai usme tune apna gstin thodi diya tha.. toh kaise claim krega
Can i Get ITC on my Rado Wrist watch of Rs 145000
You mentioned all 3 parties should come under gst purview but customer need not come right? We just charge them. And suppose i don't take 18 rs from customer should i still need to give 18% to govt?
Agr Maine 30.000 ka laptop liya business account se uspe majhe 7400 ka mujhe gst off mila to mujhe baad me gst return ke time Kitna Dena hoga
Agr hamare business ki sale ho 1 lakh ...to kya hum 10 lakh ka supporting item buy kr skte hain?
Humko payment business ke current account se krna hai ki hum koi bhi dusre account se kr sakte h jaise apne savings account se ?
you explained very well thanx
Bro mene loss me😭😭 business band kerdiya mere account me 1.5lakh rs GST h GST account me usse kaise apne bank account me transfer kru please help me?
bhaiya pls make a video on your freelancing journey
Bro ham agar Business own nahi karte toh ham kya gst number le sakte
Thanks
Should I made a separate Amazon business account or convert my old account to business account??
Then bro how did you claim gst on MacBook??
How to get ITC claim from Facebook. If we spend in lakhs for facebook ads
👌 information💥
Bro mujhe still samaj nahi aaya ki tumne vo 27k claim kaise kiye apne laptop ke ???
If I sell service worth 100 rs and tax is 18 rs , So i have to pay 18 rs to gov and if I purchase a 500 rs product and it's gst is 90 rs so then I pay 18 rs of gst and attach my 500 rs product then the rest of 72 rs will gov pay me?
Yes you have to pay that 72rs also because you have claimed that 90rs from the seller
I bought iphone 13 from unicorn website ,will i be able to claim itc on that .i have the tax invoice but they didn't ask for my GSTIN
Explain krna tha ki smart phone se paisa kaise bachay explain kr diya ITC
Jab hum gst bill claim karte Hai toh hume woh amount kaise milta hai,? Bank account m aa jate hai??
What if we have not done any sales
Can anyone tell me how to make background colour as in background of thumbnail pink&white
Sir mere pass gstin no. Nahi hai toh kya main dost k dad ka use kr discount leke invoice apne naam ka bana sakte hain taki bank se laptop ka reimbursement le sake , education loan se?
Explain me bond please
Bhai agar mera koe business nahi hai to bhe kya mai GST claim kar sakta hoon?🛑🛑🛑
Hlo bhai kya stock market ke liye bhi gst ki padti h kya?.
Bhai M3 AC le raha hun, agar kisi aur ka GST use karke usse tax rebate lelu, mil jayga, par kya Product ki payment bhi usi party se karvau ya m3 bhi kar sakta hu
Last video kaunsa hai jisme aapne discuss kiya hai ?
very nice video.
ye to ho gai B2B ka scene. But what about B2C?
like person A as a customer purchased one item from shop , paid amount including GST. How will govt ensure that GST amount reached to govt. As person A does not run a Business so he would not show anywhere that he paid GST, and govt doesnt know about such txn. So sellers facing end customers still can do "tax chori" ?
Boht log krte aise hi
The customer is buying from someone who is running a business anyway right. So eventually, the money will reach the government.
@@ddtheone1yes it would be considered as a Forward charge and the seller would have to pay it to the government
pratik bhai itc ka claimed money bank account me aata hey kya???
I want to know something.....
I want to start my youtube channel
can I register it into GST and claim the GST on gadgets that I buy for that purpose......like if I buy a camera can I claim the gst on that
please tell me...
Claim wala paisa Kaha aaega?? Bank me?
Can govt employee can claim gst refund
No
Bro hume pata kese chlega ki teeno party me se konsi party gst ke under registered h apni comp ko chodke?
GST is on income above 2 lacs right?
Does the Amazon business account affect Tax?? Plzz clarify me 😊
If i purchase any product worth 100rs and claim gst on it then i have to pay 82rs or 100rs ?
ohh so thats how my father gets things for cheap
pratik can you put English CAption in all of your videos?
How get claims of gst purchase from other state other than where I registered with gst
Bro, can we claim gst on offline purchase?
Please answer the question
Yes you can
Only if you have GST invoice
Bro, would I had to charge tax to company,??
Cuz I give them service
Han bhai but dukandaar ko bolna ki wo gst bill de tujhe
Young, curious and class. Good work.
Can a medical shop claim gst for laptop and mobile
Bro explain About how GST
How to file
Etc etc
It's difficult u gotta hire a CA
Can We claim ITC If Payment of my Gst Invoice made Through Cash Or with friends Credit Card
I wanted to purchase a laptop of 65k where I have option to add gst if you want I can add your gst and you can add has their input tax credit and we can get it settled with some discount. Please let me know
Bro aise koi app he jo yearly atlest 20 to 30 % return de and me already stock market me invested hu
Hello sir i have almost 4 crore in my gst input credit where i can use it please tell me.
gst ka use krke emi bhi kra sakte h
Bill ka business name p hona zruri h???
Matlab ghuma fhira kar tumne jo tax dena h govt ko wo dena hi hai bas tum apni purchase ki gai chiz pr jo tax pay kr dete ho usko govt se vasool bhi lete ho. End me product ka tax ka paisa govt tk pahuch hi jaata h.
Pratik bhai kaya maa aapna papa ka business ki gst number da kar apnaliya iphone la saktaho personal use karna ka liya ?
Nice info
Hi, thank you. I have a query. I am a sole proprietor and i need to buy laptop. DO i need to pay from my GST registered current account or can i pay from my personal account also and claim input tax credit. Also, if i have insufficient balance in my current account, can i add amount into it and not show as sales income? in that case, under what head do i need to show that transaction/amount? Anyone, please help.