I have invested the funds in Tata AIA shubh flexi plan of pension policy during the last month. Now I want to cancel the said policy due to finanical problems. In this conneciton, please let me know whether GST will be charged on deduction while cancellation of this policy. In fact while investing the funds in Pension policy, No GST was applicable.

So kindly clarify for above point of GST.

ITC was availed on capital goods purchased in December 2024. Now, ITC is required to be reversed in the March 2026 return. Is any interest applicable on the amount to be reversed? Also, what are the consequences if such ITC is not reversed or is reversed at a later date? Additionally, what are the consequences for the portion pertaining to the period from December 2025 to March 2026?

We purchased certain items from outside the state and had claimed ITC in Table 4(A)(5), which was later temporarily reversed in Table 4(B)(2). Now, due to defects, the items have been returned and the supplier has issued a credit note.

At present, Table 4(A)(5) is showing a negative ITC balance of ₹1,00,000. We had earlier reversed ITC of ₹1,00,000 against these purchases.

We have no other interstate purchases during this month. Kindly advise how the earlier claimed and reversed ITC should now be treated. Should we show ₹0 in Table 4(A)(5) [₹1,00,000 - ₹1,00,000] and ₹1,00,000 in Table 4(D)(1) under the ITC reclaim column? Please guide.

Sir.
During 25-26 one of partnership firm has 2.5 crores turnover. Let's me know
1 whether need to file annual return for 25-26 .
2. Which is better after file annual return than file income tax.which one file income tax or Gst return.
3. Due date for annual return Gst & income tax.

My client was liable to pay rent for the store & staff accommodation for the month of JAN-26, but he delayed paying the rent and actually paid the rent for JAN-26 in MAR-26. Does the self-invoice need to be prepared on Feb-26 and the RCM need to be paid within 20-03-2026 by FEB-26 GSTR3B? although he has not paid rent of JAN-26 in FEB-26 as per rule 47A all registered persons liable to prepare a self-invoice within 30 (thirty) days from the date of receipt of goods or services or both, which is mentioned in Under sec. 9(3) or 9(4)?

I have a client who have not filed GSTR-4 in previous years and due to time barred the returns are now blocked.

I can't even file the GSTR-4 of last 3 years even will not be able to file for Current year.

What to do?

If property given on rent to a cancer diagnostic laboratory. Is the rental income liable to GST or is it exempt

Dear Sir, Most of the appeals filed before the FAA after barred by limitation ( 3+1) with the result in some cases APL-02 is issued while rejecting/dismissing the appeals, and in some cases APL-04 are also issued, hence, now the question is whether do we have to challange APL-02 or APL-04 before the GSTAT?

R/r

supplier wrongly issued tax invoice in march-26 and reversed the same bill in April-26 through credit Notes and tax invoice is showing in GSTR-2B of March-26. My queries is which is best option to file my GSTR-3B
1. Tax invoice - select pending in March-26 and accept in April-26, is it possible?
.2. Tax Invoice accept in March-26 and reverse the ITC in other reversal column in 3B and reclaim in April-26 when credit not will be reflect in April-26 and will no effect on ITC
Kindly advice which option is right.
Thanks

Sir
In a 100% State Govt owned undertaking during a FY a supplier supplied goods under multiple orders none of which exceeds Rs.50000/- individually.
However if we combined the bills against the orders it exceeds Rs.250000/-(Rs.400000/- to be precise) .
Can TDS on GST applied?