Dear Sir,

My Client has taken an agency and deposit some amount as security to the Dealer. The dealer gave interest on such deposit. My query is that whether interest income is counted as an exempt turnover while calculating GST Turnover or it is treated as a transaction in money and out of scope from GST.

Dear Experts

Annual turnover of the preceeding financial year has to be mentioned in the GSTR 1. But April GSTR!1 has been submitted by mistake without filling the preceeding year turnover details. What to do now.

Please help

Dear Experts,
We are in service industry. We do provide service at customer residence hence vehicle is is needed. For traveling/conveyance for business purpose we are going to buy a bike. Pls clarify :- can we avail the ITC of GST paid on purchase of bike,

Thanks & Regards
Dilip Awasthi

--THE PARTY IS RETAILER AS WELL AS DISTRIBUTOR..DISTRIBUTOR MARGIN IS 3% & RETAILER MARGIN IS 5%. THE PARTY HAVE TWO BRANCHES IN BIHAR BESIDE ONE HEAD OFFICE IN BIHAR WITH SINGLE GST REGISTRATION.
NOW MY QUESTION IS::
Q1) WEATHER IT IS TAXABLE EVENT OR NOT??
Q2) IF IT IS NOT TAXABLE WHERE SUCH SUPPLY TO BE SHOWN IN GST RETURN?
Q3) IF IT IS NOT TAXABLE CAN I TRANSFER SUCH GOODS ON THE BASIS OF DELIVERY CHALLAN NOT TAX INVOICE?
Q4) WHAT IS THE JOURNAL ENTRY IN TALLY (IN BOTH HEAD OFFICE & BRANCH ) & WHICH VOUCHER IS USED SO THAT IN CONSOLIDATION NO PROBLEM ARISES & CORRECT CALCULATION OF GST IN TALLY SHOULD BE DISPLAYED..

PLEASE RESPOND QUICKLY...
THANKS IN ADVANCE!!

Dear Sir,
We are a private ltd co . We have two units in same premises (Under same company ABC Pvt. Ltd.) . One produces Biscuits(HO division) and other Produces cartoon . Both have two different GSTN . The premises (land & Building) in which cartoon division runs is owned by ABC pvt. Ltd. and is recorded in the books of biscuit division(HO).
Now my question is that should Biscuit division (Ho) of ABC Pvt. Ltd. raise rent bill to Cartoon Division of ABC Pvt. Ltd in the line of two different GSTN????

Pls advise

Dear expert, Is GST applicable on proforma invoice ( material & Service ).? Note : the proforma invoice date is 20/05/2018. Kindly clarify my doubt with relevant notification.

Dear Experts Can you please clarify ad oubt in GST .One of My clients had paid Rs 48000 as Tax and Penalty for Non Submission of E way bill for intra state movementof goods . Whether They can file Appeal Under GST and if the offence is an Appealble and if there is a chance of getting refund the Tax paid in dispute , . The incident was happened on11-05-2018 , kindly advice
Thanks in Advance

How to get GSTIN s taken under One Pan

As per law if not paid to supplier within 180 days gst required to be reversed.
My query is
Whether gst is required to be reversed on retention of money?
There is a project which will complete in 5 years so sum amount of retained and not paid to supplier till the project complete. We book the full amount of gst on invoice but 10% of which not paid to supplier then whether it is mandatory to reverse gst on that 10% portion.

MY CONSIGNMENT DATE IS 28/05/2018. SO HOW MUCH TIME BEFORE I HAVE TO GENERATE E-WAY BILL