One of my client has not issued some bill of Supplies and Tax Invoices for Prev year 2023-24.
He has received payments in his bank account but forgot to issue GST Invoices, approx amount is 50-60 lacs time limit of 30 days have passed, and has already supplied goods, he is into Kirana business.
What is the solution now Please reply?

Pls. explain all the scenario of Expats taxation from prospective of GST on which amount GST is required to pay,
i,e, Indian portion or Total (Indian+ Foreign)

What will happen if the details of issued documents are not updated in GSTR-1? How can I update it later if there are any issues?

Hi

Anybody can help me out for below query?

Is the E-way bill applicable for the transport of gold and other precious metals?

Thanks in advance.

Clients inform to consignor mention ship to address as consignor GST No and address and billing address GST of buyer. It is correct or not. Second what is the movement of goods as per GST act, goods moved or not. What are the impact of GST on the transaction. Please practitioner CA inform me.

DEAR EXPERT

IN F.Y.2023-24 MADE RETURN PURCHASE GOODS IN GST AND ISSUE DEBIT NOTE TO SELLER PARTY.
BUT IN YEAR PARTY NOT SHOW THIS DEBIT NOTE(FOR SELLER- CREDIT NOTE) IN GST PORTAL
NOW WHAT ENTRY BOOK IN MY ACCOUNTS BOOKS THIS DEBIT NOTE WHILE GST ANNUAL RECONCILIATION.
THANKS

Background:-
Society is going to replace 9 lifts which cost is approx. 4 Cr plus 18% GST. We will collecting contribution from 312 society flat owners toward through the maintenance bill of May 2024, we are attaching without GST maintenance bill month of April 2024 and with GST maintenance bill month of May 202. Collection period (Upfront Rs.50000/- From Maintenance Bill Month of May-2024 and Amount 9500/- (from June 2024 to May2025). We can call this fund as sinking fund or major development fund or corpus fund or any other name.
Beside that society also collecting transfer charges of INR 3 lakh from new incoming member. We also have some approx.
INR 2 cr Fixed deposit under major development fund which was created before 2017.
Need some point wise clarification from your side?
1. Weather society need to collect GST on this additional collection for lift which will be raised from May 2024 to May 2025 under head of corpus, sinking or any other head. In case it’s applicable than is there any other head or way out which can avoid GST on collection.
2. Can we take GST credit on new Lift which we are buying?
3. Whether property tax or water charges which we are collecting on behalf of BMC are exempt from GST.
4. in case not exempt, last year we have raised invoice without charging GST on entire amount as our bill was below 7500 limit after removing property tax and water charges so do we need pay now or need to wait.
5. In case water charges and property tax are exempt from GST but collection for lift is not exempt, may we raised two separate invoice one regular monthly invoice without GST and other collection with GST.
6. Once we started charging GST on entire amount and once collection done for special project like lift etc., can we start again raise monthly invoice without GST.
7. Whether GST applicable on delay interest where members not paid their bill ion time.
8. Whether GST is applicable on transfer charges which is collected and credit to Balance sheet under major development fund.
9. Weather GST will be applicable on transfer charges if we collect the same as non-refundable deposit for club membership from incoming members.
10. Weather GST will be applicable if we utilised fixed deposit which was created before 2017.

Sir,
An entity providing services like supply of power / transmission of electricity to the government entity is exempted or Taxable. If exempted pls mention the Notification No.

Thanks in Advance.

Sir,
A registered composite scheme dealer sales of trading goods 1 tax paid and rental income from commercial property rs:60,000/- receivable head show in itr f.y.22-23.
Question:
Dealer rental income gst tax applicable and drc-03 pay correct procedure.

we are running a banquet hall. please guide for GST applicable for Banquets when ITC refund is not availed