Previously, when we buy new flat, the uds of land alone is registered.
Stamp+fee @9% of land cost alone was paid.
A separate agreement for construction is executed.
GST @18% of building cost was paid.

Now, from Dec 1, 2023 in Tamilnadu.
both uds of land and building was sold/ registered in a single deed.
Stamp+fee @9% of cost [land + bulding] is paid.

Now, this transaction is considered as sale of house property.
I feel, we need not to pay GST in this transaction.

Am I right?

Dear Sir,
Gst number lene ke baad 3 months Nil return file karne ke baad maine June-2023 mein Gst cancellation apply kar diya tha. Uske baad Gst number suspend ho gaya tha.. June-2024 mein suspend hat gaya aur non-filer of gst return ka SCN notice aa gaya...jiski last date 09-07-2024 hai...
Sir meri query yeh hai ki mujhe Gst number cancel karana hai lekin khud ki application se aur main nahi chahta department ex parte man kar cancel kare... To kya karna chahiye jisse future mein koi problem na aaye...Plz reply must......Thanks in Advance...

This might sound very stupid question to ask but it underlines two primary concerns:
1. GST Department never waives tax liability once instated, sooner or later, they are to be paid
2. When such liabilities are recovered, does govt allow the related ITC to be claimed by the customers of the defaulting suppliers.
3. ABC Co bought goods from XYZ Co vide invoice dated 30.03.2022. As the later did not file its returns and did not pay the taxes, ABC Co couldn't claim ITC by 30.09.2022 for the said invoice. However, in July 2024 XYZ Co has paid all its taxes and filed the returns, will ABC Co be albe to claim ITC now? May be not. But CAN ABC Co, on the basis of the fact that XYZ Co is a defaulter, claim the GST Back from XYZ Co in a legal manner backed by GST Act.
4. Is there any measure in GST Act to safeguard the interests of the buyers so that they do not suffer from such ITC Losses

Please help

A partnership firm having two business. One is travel agency & 2nd is sale of paddy, including its seeds, and other agricultural products like wheat, jowar, maize, bajra, etc. which are non GST. One GST Registration done for these two business activities. GST invoice raised from Income from Travel Agency Business. & Other Business i.e.Sale of Paddy, seeds Non GST Sale shown in GSTR-1 as nil rated. But this paddy, seeds 1stly purchase & then sales. So my question is where I show the purchase entry in GST Return for 2nd business ?

GST rate & SAC code for Sandstone carving (Jali, Jharodha, piller), designing job work

Dear All
In what situation GST RCM rule is applicable in case of GST registered party for following type of payments ?

(1) Commission claimed by unregister person or Pvt Ltd company
(2) Professional Fees claimed by unregister person or Pvt Ltd company

In above cases TDS rule applicable ?

Regards

S Mallick

Can the proprietor of a firm pay GST (on rent of shop and quarterly sale) through his personal credit card?

Product name :
Unmanufactured tobacco with brand name.
HSN 24011090
IS IT TRUE prevailing structure as below:
CGST 14%
SGST 14%
Plus compensation cess @36% on MRP valuation.
Mahesh Tobacco company

GST officials are about to come in the office for inspection...what can be expected..if there is anything we need to taken care of..?

What is the GST rate and HSN code for bakery Snack's items:
puffs items egg puffs, vegetable puffs, Panner puffs, Samosa, Kachori, Veg roll, chips items.