I am a Merchant Exporter. I am in a confusion of GST Refund as detailed below:

My Purchase
Purchase – 100
GST Charged @ 10% - 10

My Sales
Export – 120
GST Charges @ 10% - 12

GST A/c
GST Credit available – 10
GST Debit – 12
GST to be deposited – 2

How much GST amount to be refund to me as I am Exporter Rs. 2 of Rs. 12?

The definition of services under CGST Act says that services includes activities relating to the use of money for which seperate consideration is charged. Hence can it be concluded that Interest on Loan will attract GST ? as Interest is charged for use of money. Further. will Bank interest also attract GST ?

I am a manufacturer. I purchase the raw material on VAT, manufacture the material and supplied to exporter on Form "H (without VAT) and availed VAT Refund from the department.

In GST, how it will works.

Please help.

Thanks/regards,

Vijay Bansal

Hi,

My client is software developer for retail industries and want to know about changes he needs to implement in software.

Any GST expert, can you plz guide?

The client develops software to issue sale bill, generate reports, maintain inventory etc

Thanks in advance.

Under excise regime challan used under rule 4 (5) (a) for sending goods for job work outside the premises. What would be similar challan under GST regime used?

Dear Experts

Section 2(20) of CGST Act defines casual taxable person.

Please advice on the following examples.

Example 1
Mr. X is a singer and he performs in various states of India. He has no fixed place of business anywhere in India. Now suppose during a FY he performs in 10 states of India, then will he have to take registration in 10 different states as Casual Taxable Person??

Example 2
Mr. Y is registered in Punjab under CGST. He has a place of business in Amritsar. Now just in one case he went to Delhi and sold some of his goods in exhibition in Delhi.
Now will he have to take registration in Delhi as Casual Taxable Person?
That is one normal registration in Punjab and second registration as Casual Taxable Person in Delhi?

regards
Shivani

major differnce of IGST AND CGST

Dear all,


I am a accountant. I required to know that how to GST will applicable and how its work in accounting field. Now we are using Tally for VAT, Stax and other indirect taxes. but when GST is applicable that time we charged gst like vat and we can take set off like Mvat

Dear Experts,
i wish to know after GST implemented what would be its impact on income tax. what rule may be amended in existing rule in income tax?

Thanks
Riya

respected sir ,
i am a reg vat dealer dealing in branded soaps and cosmotics .i hold stocks amounting to rs around 10 laks.i paid vat at 14.5 % on purchases from reg- vat dealers and i am in possession of tax invoice.so i can claim amount rs 1,40,0000 as input under transissional provisions.and all of my goods are suffered central exice at manufacturing point.iam a retailer so i do not have any invoice showing the amount of central exice then what is the procedure to claim credit under cgst.please discuss.