Can we take credit of IGST amount paid to custom department on goods imported through "Courier bill of Entry XIV for home consumption"? it is imported for resale business purpose only and Igst amount reflected in GSTR-2B?
By mistake while filing 3B we forget to give effect of Credit Note received from supplier. (FY 2021-22 & 2023-24) But same is not utilized against any GST liability.
We realized in month of June 25. My question is can Department charge Interest on wrong ITC claimed... I am reversing Excess claimed ITC
I am a composition dealer in GST. I have missed to file return of FY 2022-23. Now i want file CMP 08 for all four quarter and GSTR 4 annual return for FY 2022-23. My taxable turnover for all each quarter is 250000 and total turnover for FY 2022-23 is 1000000. Hence i have to pay gst of Rs. 10000 i.e. 1% of 10 lacs. I also have to pay interest @ 18% p.a. for late payment of tax via CMP 08. My question is that whether interest is auto calculated (auto populate) in CMP 08 or GSTR 4 or i have to manually calculate interest and have to paid via CMP 08. Just like interest gets auto calculated in 3B, does it happen in Comp 08 as well?
WE HAVE FILE GSTR 1 WITH EXPORT SALES FOR RS 100 IN THE MONTH OF DEC 24 CONTAINING INV NO 1 TO 10 , AND 10 NO INVOICE GET RTETURN IN THE MONTH OF JAN 2025 , THEN HOW TO FILE GST REFUND FOR THE MONTH OF DEC 24 AS EGM NOT FILLED FOR INV NO 10.
CAN WE EXCLUDE INV NO 10 AND FILE GST REFUND AT STATEAMENT 3
When we file GSTR-1 with mandatory hsn code summary for May 2025, We mistakenly input all the values(B2B + B2C) in B2B column. How to rectify this mistake ? Is there any issue ?
in January 2025 - worth of Rs 8100 ITC invoice uploaded to my GSTIN it was ineligible so reject that ITC / invoice from IMS, later in march 2025 for same invoice debit note was uploaded by mistakenly i was unable to reject that debit note... so extra 8100Rs tax amount debited from my credit ledger balance. so how i take my extra debited 8100 tax amount?
is one to one co -Relation is not necessary while taking GST Input of different rates under GST. for adjusting GST output Payablle.
Do SAC code effect the ITC claim??
what will be SAC Code for providing drivers to other companies??
A travel agent charges GST @ 5% from its customer. If he Purchases tour Package from another travel agent and sells to the customer will he be eligible to claim ITC ??
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Imported goods related queries