Business Protection & Compliance Specialist/ Assistance to NRIs for FEMA matters/ A Retired IRS Officer/ Practicing consultant on GST/CUSTOMS/PMLA /FEMA matters.
This channel deals with the followings-
Customs valuations
Customs rules and procedures
Customs laws
Baggage rules
GST matters
Prevention of money laundering act
FEMA matters/ RBI guidelines
Central govt administration , vigilance and leave rules.
PLEASE CONTACT FOR-
1. Drafting a reply to SCN, Audit observations etc.
2. Appeals to CESTAT/ Commissioner (appeals)
3. Any matter related to Customs, GST ,FEMA and PMLA
4. Filing all types of GST Returns
Regards
Sandeep singh IRS(Retd), Tax consultant
GST number 30ACRPS9215J1Z7
9689158324
ksingh.sandeepgoa@gmail.com
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Website
Sandeepsingh-gstconsultation.com
Sandeep singh IRS
What is the standard rate of TDS (Tax Deducted at Source) on the interest earned in an NRO account?
A) 10%
B) 20%
C) 30% plus applicable cess (Approx 31.2%)
D) No tax is deducted
1 day ago | [YT] | 0
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Sandeep singh IRS
The balance and interest earned in which of these accounts is completely tax-free in India?
A) NRO Account
B) Current Account
C) NRE Account
D) Both A and C
4 days ago | [YT] | 0
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Sandeep singh IRS
Can an NRI legally continue to operate their regular resident Savings Account after moving abroad?
A) Yes, without any issues
B) Yes, as long as they don't inform the bank
C) No, it is legally mandatory under FEMA to convert it into an NRO account
D) No, the account gets blocked automatically within a week
5 days ago | [YT] | 0
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Sandeep singh IRS
In which account can an NRI deposit their local earnings generated in India (e.g., house rent, salary)?
A) NRE Account
B) NRO Account
C) Savings Account
D) FCNR Account
6 days ago | [YT] | 0
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Sandeep singh IRS
What is the current combined TCS rate (CGST + SGST or IGST) for an ECO collecting payment on behalf of a vendor?
A) 1%
B) 0.5%
C) 2%
D) 0.1%
2 weeks ago | [YT] | 1
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Sandeep singh IRS
Per Circular 240/34/2024, can an ECO use its ITC from platform development to pay the GST liability arising from Section 9(5) services?
A) Yes, freely
B) No, 9(5) liability must be paid in cash only
C) Only 50% can be paid via ITC
D) Yes, if the ITC is from input services
4 weeks ago | [YT] | 1
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Sandeep singh IRS
Which of these services, if supplied through an E-commerce Operator (ECO), makes the ECO liable to pay tax as the "deemed supplier"?
A) Sale of electronics
B) Restaurant services
C) Chartered Accountancy services
D) Legal consulting
1 month ago | [YT] | 1
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Sandeep singh IRS
In an RCM transaction for goods, the supplier's invoice is dated July 1st. Goods are received on July 10th, and payment is debited from the bank on August 15th. TOS is:
A) July 1st
B) July 10th
C) August 1st
D) August 15th
1 month ago | [YT] | 0
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Sandeep singh IRS
A firm provides services on April 1st but fails to issue an invoice until May 15th (more than 30 days). No advance was received. What is the TOS?
A) April 1st
B) May 15th
C) April 30th
D) May 1st
1 month ago | [YT] | 0
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Sandeep singh IRS
A consultant provides services on August 10th and issues an invoice on August 25th. Payment is received on August 20th. What is the TOS?
A) August 10th
B) August 25th
C) August 20th
D) September 20th
1 month ago | [YT] | 0
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