Example: "X Ltd." supplied material at a price of Rs. 1,00,000/-plus GST@18% to ''Y Ltd''. The due date for supply material by X Ltd to Y Ltd was 30.09.2017 as per purchase order. But "X Ltd" supplied the material on 14.10.2017 to "Y Ltd". Hence as per Purchase Order Clause (i.e. Liquidated damage is to be deducted @1% per week for delay in supply of material) " Y Ltd' deducted Rs.2000/- from total amount due to "X Ltd." as Liquidated Damage for delay in the supply of material for 2 weeks.

My query is whether this Liquidated damage (Rs.2000/-) deducted by " Y Ltd " which is income of " Y Ltd'' is subject to GST. i.e. Whether "Y Ltd " has to pay GST on this Rs.2000/- to appropriate Govt.

Please Explain with related section/Notification /Circular of GST ACT

Hi,

I am a trader of yarn with Name Priya Enterprises GSTIN allotted. Now i buy a tempo for Transport bussiness with another Name Priya Tempo Service in same location of previous business place and same PAN as a proprietor. Now i have to take a new GSTIN for Priya Tempo Services (GTA) or not and How to deal with e-way bill.

Regards

Ashwani Pal

SIR IF ANY PERSON WHO SUPPLY LABOUR IN MORE THAN TWO STATE 

WILL HE NEED SAPARATE GST REGISTRATION IN ALL STATE ?

OUR BUSINESS IS EXPORTING HATCHING EGG'S.
WE EXPORT HATCHING EGG'S TO OMAN COUNTRY TO OUR SISTER
CONCERN.
BESIDES RECEIVING SALES CONSIDERATION FROM OMAN ( SISTER CONCERN)
WE PAID COMMISSION TO OUR SISTER CONCERN ( OMAN ) FOR SALES
ACHIEVEMENT.

SISTER CONCERN LOCATED( SERVICE PROVIDER)- OMAN COUNTRY
PRINCIPAL ( SERVICE RECEIVER) LOCATED- INDIA

IS GST ATTRACT ON PAYING COMMISSION TO OMAN COUNTRY PARTY.


THANKING YOU

REGARDS
RAJKUMAR GUTTI

Dear Sir,
Please advice me on the following points:-
1. Where we will show sale of capital goods in GST Return ? We provide service. Sale and purchase of capital goods is not primary activity of our business.
2. Is GST applicable for export of service and Goods ?

Please advice me.

Dear Sir,
We have a service sector and makes crane services. Our place of business and registration is in West Bengal. A party whose registration is in Bihar and we provided service to him in West Bengal. Party has no registration in West Bengal. In such case how we will make Tax Invoice by charging either IGST or CGST & SGST. Please advice me.

We provide crane services. It was supply of tangible goods services under the category of service tax.

How to record transitional credit in books.
Which accounting entry to be passed to journalise transitional credit availed

Dear Sir/Madam,
1. One of our client is a Diary Industry with Trade Mark.
2. Decision taken by GST Council on 22nd Meeting about Job work service in relation to Food & Food Products falling under Chapter 1 to 22 of HS Code - The rate has been reduced from 18% to 5%.
3. Whether the Milk Pouch Packing Job Work Service fall under above category or It is liable to pay GST @ 18%.

Please Clarify

Dear Sir / Madam,
Our company takes Group Accident insurance of staff on which GST is charged by the insurance company. Please let me know whether the ITC available on this GST amount or not.

Thanking in advance,

Vinod Kumar Shukla
9167230106

Dear Sir,

What is the Interest/Penalty applicable if wrong utilisation of Input tax credit on Capital Goods ?

Shall we take Input tax credit paid on capital goods in one installment?

if not what are the remedies available for the credit taken in single installment ?