Sir, I would like to ask whether we are still required to reverse GST (ITC reversal) on exempt sales if we report both taxable sales and exempt sales in our GST returns, and also disclose exempt inward supplies in GSTR-3B.

The reason I am asking is that we received a GST notice for FY 2017. At that time, we had reported exempt sales but had not reported exempt purchases. Based on common ITC provisions, we received a notice demanding payment because we had not reversed the proportionate ITC attributable to exempt supplies.

So, if we are now properly reporting exempt inward supplies in GSTR-3B along with exempt sales, are we still required to reverse ITC on exempt sales under the common ITC provisions?

Can I get both RCM and FCM facility at the same time with same GST number?

What are the minimum books, records, and balance sheet particulars that should be Mandatorily Disclosed by a presumptive taxation assessee ( ITR 4 )for compliance purposes for AY 2026-27 .

Company whole time managing director paid remuneration & deduct tds from remuneration u/s 192 as a salary.
Can gst rcm required

Dear Experts

Could you please clarify on the subject.
we are importing goods from China to Blr, while making Import E-waybill which type of transctions is correct is it Regular Or Bill from dispatch from.

Dear Experts,
A client of mine, purchase the AI subscription from USA and he than resell that subscription to others foreign companies, but payment is made for purchase from india.

Does this transaction qualify as import of service and export of service,

Also on purchase USA vendor have charged 18% on Account of India GST, but in invoice they haven't mentioned Indian GST not even HSN and invoice is in USD dollars.

My doubt is, since it is import of service qualify for RCM, if they charged 18% GST on Account of india GST, though vendor Indian GST no. not mentioned nor we would get this invoice updated in our 2B, can we still claim GST or still we need to pay more 18% GST under RCM

Please guide on this...

Thanks

Sir,

A person is a designated partner and a director.they are in the company of training of barista.thy are taking salary from llp.thy are also training in company.thy are the teachers.so want to know whether to be treated as salary in company and whether RCM will be avoiced or how to treat it?

Dear Members,
I am a salaried person 50 years of age. I want to give loan to my major daughter and son without charging any interest, The term of repayment will be 'on Demand'. Can I do it without attracting income tax authority concerns.

What I need to do for the same. I will transfer the money through banking channels (Net Banking). Any deed i shall make? if yes how much amount of stamp paper to be used for the same and any format. Is there any concern to me if they invest and earn money out of that money like clubbing etc.

To check if a property qualifies as exempt rural agricultural land under Section 2(14), how do we measure the 2/6/8 km distance? If the land is located near a Municipal Corporation, a Gram Panchayat, and a local authority like JADA, which boundary's population criteria determines the tax exemption?

I had filed my ITR on 13-9-25. One of my deductors had deducted Tds of 55000, but not paid to the Government. I had deducted this Tds amount from the tax liability amount in my return and the final amount was 29000 Tax Refund.
On 10-1-26, I received a Demand Order for the difference amount alongwith interest.
Afterwards my deductor paid the Tds amount with interest and filed the Tds return on 5-3-26.
This is reflecting in 26 AS, but in my IT portal, the Demand is still showing under Pending Actions.
Please guide me as I have to avail the Refund of 29,000.