Where a land owner enter into JDA with builder having following terms:
Total flats 100
Flats to landowner 30
Flat sold before issue of cc or first occupation 63
Unsold flats in issue of cc 7
Sale consideration of flat nearest to date of development agreement 80 lakhs
Sale consideration of flat nearest to issue of CC 100 lakhs.

Tax payable lower of a or b

a. 80 lacs*30 flats*18%× 7 flats divided by 100 flats=30.24 lacs

b. 7 flats*100 lakhs*5%= 35 lacs.

Thus GST payable by builder under RCM will be 30.24 lacs.

Is this calculation is correct ?

am i suppose to get a advane payment receipt, under gst rules, for advance payment made to internet service provider? or it is exempted by some notification?

I ENTER GST ON SALE 50000/- (TAX AMT) IN JULY-17 IN GSTR-1 , BY MISTAKE I ENTER 5000/- GST ON SALE IN 3B, I MUST ADD DIFFERENCE TAX AMT 45000/- IN NEXT MONTH BUT BY MISTAKE I LESSED 45000/- IN INPUT TAX AMT, SO THERE IS NO TAX LIABILITY DIFFERENCE, NOW SALS TAX OFFICER SEND NOTICE FOR DIFF IN OUTPUT TAX 45000/- AND SAY TO DEPOSIT BY DRC03 , WHAT IS REMADY WITH US , LEAGILY I HAVE TO PAY THIS TAX ? PLEASE GUID ME.... THANK U

Dear experts

Bill not reflected in GSTR-2B of November-2023 as Suppler filed GSTR-1 on 12 th December-2023 which was due on 11Th Dec-2023 but the same reflected in 2A.

Can be take the ITC in GSTR-3B for the month of Nove-2023

Thanks

Dear Sir,
I have applied refund of tcs data in gst portal but show cause notice was issued for the above said refund and i have also replied for the notice. After some days an email received by the department is Refund Order Sanction Order RFD-06 issued for ARN ............ when i am logging in to gst portal than i am seeing refund rejected.....
Please reply about my query
Thanks in advance..

The supplier didn't submit the GSTR-1 for November within the due date, so it didn't reflect in the GSTR-2B for November but is visible in the GSTR-2A. Can I claim Input Tax Credit (ITC) based on the GSTR-2A? Our tax liability exceeds 90 lakhs, and not claiming the ITC could significantly impact it.

Sir,
Gst Dealer purchase of goods from shop.shopkeeper issued gst invoice and uploaded in gstr-1 invoice itc claim in gstr3b.but 3months after selling dealer gst invoice amendment.
Question:
Dealer amendment invoice show procedure

The supplier's failure to submit the GSTR-1 for November but filed after due date , has led to my inability to file GSTR-3B, thus hindering my November ITC acquisition. If I submit the November GSTR-3B by January 15th, am I eligible to claim the ITC reflected in December's GSTR-2B?

Please clarify the below query with regard to Table 6B of GST ITC:

Total ITC as per books is X amount, but claimed during the financial year in GSTR-3B is lesser than X amount but subsequently claimed in the next financial year within the specified period. Now, the query is what ITC amount to mention in Table 6B:

1. If X amount is mentioned, the difference appearing in Table 8D is incorrect

2. If ITC claimed in the GSTR-3B during the financial year is mentioned, then it will not match with Financials & there will be difference in ITC reconciliation in GSTR-9C

Thanks

sir,
our sir purchase car around 20 lakhs. Input cgst and sgst reflected in gst2B. Can we claim this input. If not how to show in 3B This amount
Please advise
Binu