For the year for the period Apr-Sep i have not shown gst reversed under the head reversal instead net amount shown under ALL OTHER ITC.
From nov onwards i have shown gross amount of GST in All other ITC and GST reversed under the head REVERSAL OF ITC.

Now what to do in Annual return? Correct this classification or not?
Ultimately i have availed the ITC what was supposed to be availed just there was difference in classification..
The reversal was on the Discount received from supplier per month..Please suggest..

FOR ANNUAL RETURN FY 2020-21
QUES 1- TOTAL INPUT CREDIT AVAIL IN COLUM 6A OF GSTR 9 FY 20-21 AMT 100000/- ( FOR FY 20-21 AMT 80000 FY 19-20 AMT 20000)
A - WHICH AMOUNT SHOULD BE IN COLUM 6B - 80,000/- OR 1,00,000/- ?
B - IF 80,000/- WHERE WE SHOW 20,000/- ?
C - IF 100000/- WHERE WE SHOW 20,000/- IN COLUM 8

QUES 2- TOTAL INPUT CREDIT AVAIL IN COLUM 8B AMT 100000/-
RECO OF 1 LAKS-------
CURRENT YEAR ITC 70000/- IN WHICH COLUM SHOWN 6 & 8
PREVIOUS YEAR ITC 20000/- IN WHICH COLUM SHOWN 6 & 8
EXCESS CR TAKEN 10000/- IN WHICH COLUM SHOWN 6 & 8 ( WE HAVE BILL OF PURCHASE BUT PARTY NOT FILE HIS RETURN GSTR 1 )
ITC OF C.YEAR BUT AVAIL NEXT YEAR 10000/- IN WHICH COLUM SHOW

Respected Experts,

Some confusion to take ITC on below conditions :-
1) Custom duty included IGST will be paid on 30-12-2021 and goods will come on 1st or 2nd Jan.
So in which month we have to take ITC. I think it will be Jan as we will receive goods in Jan.

2) Party issued Tax Invoice on 31-12-2021 and material will be recd. on 1st or 2nd Jan.
Since ITC will be reflected in 2B for the m/o Dec-21. But we have to take ITC in Jan

Can department send notice in above situations as we will take excess ITC w.r.t. 2B in both the months. Should we prepare reco. for the above cases.

Kindly advise,

Rakesh Sharma

Pls clarify on foll points
1) We are builders we pay transport charges for removing rabbit/debris.Will it attract GST,if so what is rate & can we take input credit of the same.
2) Suppose Mr X buy Office for investment purpose for letting out for rent.Mr. X purchases the Office in his firms name.Can he take GST Input Credit on GST paid for purchase of Office.It not please give the reason with rule.

Thanks & regards,

Sir
I am a small manufacture of ice cream. My turnover ( Sale ) of F Y 20-21 is Rs 32 Lakhs but I have not registered with GST. I have a question that what is turnover limit for manufacture of ice cream ? . Sir please guide

As per new GST Notification from 1-1-2022 only ITC which are showing in 2b is available. My question is how to take ITC on materials in Transist. (i.e. materials despatched on 30th and 31st of the will received at our factory on 3rd 4th of the next month. in which month we have to take ITC of these materialas. in current month as per 2b or Next month as per GST rule that to take ITC materials should be received at the Factory. Please advise

Thanks in advance

sir/mam,

GSTR9C Self Certified what are the documents to submit with 9C .
Self certified turnover limit.
How to self Certified and what is the procedure.

Please clarify my doubts

Thanking you,

Sir,

A individual Building Contractor who have GST registration can avail Input Tax Credit???

Hi All

One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.

Whether he has to take GST registration for the same? what other tax compliances he has to do?

Thanks in advance.

My GSTIN was cancelled during Aug.2021 due to non-filing of pending returns. Now the GSTIN has been again validated. Sir, may I claim ITC on purchases bills of September and October in December's GSTR 3B ? Or the ITC earned cancelled months has ben already disallowed ?