HELLO FRIENDS MY NAME IS KHALID FROM BOMBAY THRE IS AN QUESTION REGARDING GST 12% ON REDEVELOPMENT OF PREMISES BY BUILDER/OWNER/LANDLORD
MY BUILDER IS NOT GIVING ME MY PREMISES POSSESSION AS HE IS ASKING GST 12% ON CONSTRUTION COST AND ACCOMODATION WHICH COME AROUND RS. 9 LAKHS

WANT TO KNOW THAT OLD BUILDING TENANT IS LAIBLE TO PAY(GOODS
AND SERVICE TAX)GST 12% ON BUILDING CONSTRUCTION COST
TO THE LANDLORD OR BUILDER OR DEVELOPER WHO IS UNDERTAKING
RESIDENCE PREMISES REDEVELOPMENT OF THE PROPERTY STRUCTURE
( RESIDENCE PREMSIES MEASURING 660 SUQARE FEET CARPET WITH NO STAMP DUTY)

WHETHER OLD BUILDING RESIDENCE TENANT IS LAIBLE TO PAY GST 12%
ON COMPENSATION RENT GIVEN BY LANDLORD OR DEVELOPER OR BUILDER TO
THE RESIDENCE TENANT FOR ALETRNATE ACCOMODATION FOR REDEVELOPMENT
OF RESIDENT PROPERTY STRUCTURE TILL THE PROJECT COMPLETION
(Rs.2,50,000 ANNUAL RENT)

KINDLY SUBMIT SECTION AND HARD COPY DETAILS PROOF OF ABOVE APPLICABLE GST

Sir / Madam,
We have recently received a demand letter from Central GST department based on the performance Audit conducted by GST Audit Wing stating that we have raised duplicate eway bills for the same invoices. For that we have to pay the tax liability amount along with 15 % penalty and interest from the period when the invoices were raised.

Scrutinizing the eway bills we found that we have prepared the eway bills and sent to the buyer location at Maharastra. A particular buyer after receiving our goods they made another eway bill to move the goods from godown to a factory in local about 15 km with the same invoice number which was raised and sent by us. In those eway bills clearly registered their GSTIN in the “entered by” column. The transaction period was FY 2018-19.

Again one of the bill we have prepared eway bill double time for the same invoice number same transport vehicle number within 10 min time difference. We don’t know how the system accepted the duplicate document number at that time. As it was initial period like trail and error period this mistake would happen. The transaction was taken place in April2018. Moreover we have faced a lot of problems like internet connectivity and server problem most of the time rejected and struck.

Hence we have decided to sent the reply along with the parties account statement for the respective years for proving that the transactions were not duplicate.

Kindly clarify whether the reply to the department as above will satisfy the authority or not.

Any suggestions / points to be added with this reply.

Thanks in advance,
With regards,
Bazeer L

Dear Sir
We have received intimation for E invoice, in the intimation stating that 2017-18 shall issue e invoice tax payer with
aggregate turnover of Rs. 5 crores wef 01.8.23 on all B2B transaction. for the year 2023-24 whose turnover is exceeding 05 crores have to issue e invoice. so we little bit confusion but our turn over is not exceeding 05 crores hence please clarify the same.
Yours faithfully
Thanking you
Srinivasa Joshi

We are registered GTA. We are also providing vehicles on hire to other Goods Transport Agency and our proprietor has rented out commercial place also. My query is whether we are required to issue e-invoice. If not under which notification we are exempted? Please Clarify.

Thanks & Regards,

Shalini R N

One of my friend already had GST Registration. now he wants to starts new business in same state, but Different Location (Address). Whether he can add his business as additional place of business and he can file a single monthly return for both the business or is there any other alternatives.

Respected Experts,
I have a confusion about ITC on CAPITAL GOODS. One of my client (newly registered under GST) purchased of New CNC machine. They make only taxable supplies & Services (like Job work) with chargeable 12% GST.
I will take that full ITC in the same month. But, Having confusion with this

In this scenario can we claim fully ITC of that purchased capital goods...?
or Here we calculate and take ITC proportionately...?

Please clarify my confusion with suitable details.

in feb gst1, i wrote 100000 instead of 10000 as net sales in gst 1 so corresponding tax @5% 5000 instead of 500.
i know i have to amend gst1 of march gst 1 month, but , my q is

in feb 3b due now before 20th march 2024, sales comes prefilled. but here in 3b, do i write manually corrected 10k net sales and press confirm?

my view--> yes i have to write corrected figure in feb 3b.

Please let me know whether TAX on RCM paid is expense or Asset. Please me know how to pass the entry in books of account.

Prakash Menon
Accountant

Our company is into providing transportation services and we are registered under GTA service (FCM),for providing such services to customer.

Fleet (Commercial Vehicle) are being purchased on regular basis to provide services to customer.

We provide both Taxable as well as Exempt Services to Customers, input credit on Capital, Operational and Overhead Purchases is being claimed on the basis of Revenue Ratio which is result of both Taxable and Exempt Services.

In case of Operational and Overhead Purchases we reverse input credit in the same month on the basis of Ratio.

However, In the case of Capital Purchases we follow the 60 months rules provided in the GST for input credit.

We have taken 100% input credit on the purchases of commercial vehicles ,since we are providing both taxable and exempt services the input credit availed on these purchases is being reversed in 60 months as per the rules laid in GST for availing input credit on capital purchases

Now our company is providing 100% Taxable Services which means we no longer providing any Exempt services.

Here my question is that till date we were reversing the Input credit availed on capex purchase on the basis of 60 month rules, going forward do we need to reverse balance input credit availed on capex purchase without waiting for 60 months ? Note still we are using these vehicles for commercial purpose.

For Example- we have purchased Vehicle in Sept-2018 (FY 2018-2019) 100% ITC availed and follow process of Reversed Credit as per revenue ration in next 60 Month . Now Current year FY 2023-2024 is 100% taxable services. can we need to reserved ITC on the same pls advice on the same .

Respected Colleagues
If Person GST registration and having Export of IT services to foreign country in AY 2023-24 of Rs 25 Lakhs but now in AY 2024-25 Export of IT services to foreign country is only Rs 11 lakhs till march till date.

My query is GST registration is still mandatory to continue even below threshold limit of Rs 20 lakhs???
Or We eligible to cancel from immediate effect?