Greetings of the day !

I need clarification on below Issue :

M/s ABC (registered person) purchased goods from M/S XYZ (registered person) before January 2017 (suppose in November 2016) under VAT regime.
Now M/S ABC are returning said goods in November 2017 to M/S XYZ and issue Debit note with GST taking existing rate of GST (Let Value 100,000/- and GST 12,000/- = 120,000/-), while M/S XYZ is not considering GST amount and issue Credit note (Value 100,000/- GST- Nil).

1. Whether the above entry in the books of XYZ is correct ?
2.Whether the above entry in the books of ABC is correct ?
3. Whether M/S ABC is required to pay GST (INR 12,000/-) from own pocket ?
4. Whether M/S XYZ is not entitled to Input Credit of INR 12,000/- ? (I think no, because original sale was made 6 months earlier of appointed date)

Dear Experts

Please advise We are manufacturer in Karnataka and procuring raw material fro Andhra Pradesh and same material should delivery at our Job Worker place located in Tamil Nadu.

In the above case how to do the transaction

we are retailer (Tamil Nadu) of Ice Cream shop and we are selling to direct consumers, we are purchasing Ice Cream from other other states and we pay IGST @ 18% on Purchase of Ice cream and we are collecting GST @ 5% we are eligible for Input credit.

Kindly clarify it is most urgent to me

Dear Sir,
In case of Residents welfare associations ( RWA ) :

when we collect it as an advance contribution for use in various projects in future, with other suppliers of goods and services, GST should become applicable then ?

Also, in case we do not go ahead with the project, we may have to refund the money collected, with interest accrued, to the respective contributors ?

Please suggest to me, how to save gst as above mentioned ?

in case of CHA, issuing invoice to Indian based customer for export shipment, whether GST will be not applicable if letter of undertaking issued,. pl advise

Dear Sir / madam

We want to purchase Raw material from ANDHRA PRADESH and same to be delivery at our Job Worker places in TAMIL NADU how to do this transaction with documents.

Dear Sir,

I am doing business.I used to purchase good from X and sold to Y by adding my margin. In this process i am confused about way bills. When i purchase good from X i ask Mr.X to send goods directly to Mr.Y's place. As the goods are delivered to Y's, some of my creditors will issue way bills and some wont. But all the goods value is more than Rs:50,000/-. Later upon time i used to raise a bill for Mr.Y. Now my doubt is : Is there any necessity that i need to give way bill to Mr.Y in this sale process. Please help me out.

Friends my query is how to determine principle supply in composite supply , as section 2(30) says .. gst to be charged on the rate which is applied to principle supply .. say for example if a person in to iron fabrication work if he prepared a iron gate., which included labour and material .. material at 10% and labour is 18%.. if we have to consider principle supply .In this scenario what is the principle supply and at % billing to be made.

I recd an order from US travel agent that some US citizen want to go for Bhutan for travel purpose, amount recd in USD , accordingly i managed the services from bhutan travel operator, i also paid USD to Bhutan Travel Operator, whether this service is treat as export of service? If yes, whether i need to take LUT?

Read more at: https://www.caclubindia.com/experts/export-or-not-2605529.asp

Hi Friends,

Is still GST is to be paid on advances from customers ? Is there any change now.

Best Regards,
Nagaraju