Hello CA and Experts
Our firm is in business of construction and take contracts for construction of buildings.
My simple enquiry is can we take GST from the owner of the building on giving possession on completion.
If yes then how much we add in our invoice. Pl advise
Regards

For FY 2020-21
provision for expenses booked on 31st march 21 now invoice received with GST , can we take GST Input for expenses booked on 31st march .

Dear Sir,

If a person is registered under GST and his Sales is under exempt category under RCM, is he liable to file GSTR-9.

What is the maximum late fee applicable, if his turnover is Rs. 3 crores in F.Y. 2018-19 and F.Y. 2019-20.

Please help me in this matter.

Regards,
Divyesh Jain

We are doing export under advance license without payment of IGST. Our product produce 10-15 item in which 40% items are import under advance license without payment of IGST.
Can we gate file GSTR01A IGST refund export under advance license without payment of IGST.

Please suggest

Dear Sir/Madam

1. Service Provider - Registered person (gives GTA services)
2. Service Receiver - Registered person (receives GTA services)

Question:
1. In this transaction who is liable for GST ?
2. Whether this transaction exempted by virtue of Notification No. 12/2017- Central Tax (Rate), dated 28th June, 2017 ?

Please provide us the valuation opinion

Thank in Advance.

WE CLAIM INPUT 120 IN 3B (2020-21) LATER WE KNOW WE CLAIM EXCESS RS 20 (AS PER OUR BOOK INPUT IS 100) ITC AND WE REVERSE THE SAME IN MAY 2021 (2021-22). NOW AT THE TIME OF ANNUAL RETURN TABLE 6b HOW MUCH AMOUNT I FILL 120 OR 100. I ALSO DECLARE THAT 20 RUPEE IN TABLE 13
PLZ SUUGEST TABLE 6B AMOUNT 120 OR 100

PARTICULARS IGST SGST CGST
OP. ITC 0.00 0.00 0.00
ITC JAN'22 600000 23000 23000
TOTAL ITC =====> 600000 23000 23000

OUTWARD ITC 110000 280000 280000

IF TELL ME HOW MUCH I HAVE PAY IN THE ABOVE CASE ON AN URGENT BASIS

Gst on interest received by bank is exempted as per notification.
From 1st apr 21; 6 digits SAC code to be mentioned in GSTR1 incase of taxable person having T/o of more than 5 cr.
But as per notification SAC code for interest received by bank is 9971 i.e. 4 digits ..
From where i will get 6 digit SAC code or what is the 6 digit code ??
plz reply

ABC are registered C&F Service providers.ABC arrange different transporters(GTA) for transporting goods of the Principals to different destinations as directed by the Principals and pay the GTA as per the consignment note. All the freight charges piad in a particular month are then billed to the Principlals as C&F services(SAC:996713) charging 18 % GST.

Are there any obligation of GST under RCM on GTA Services?? If yes,who has to pay the GST under RCM on GTA.

THANKS

Sir / Mam

Entity:
Partnership firm
Reg.Under GST :
Yes

Nature of Business:
1- Trading of Truck Tyres,Spares,Oils
2- Hiring of Own Trucks to GTA

I have to purchase the Truck tyres, Spares etc., both for the purposes for my own and trading.
Can I avail the GST inputs even on the purchase of Own use and utilize that credits towards the GST ouput of trading business?
Kindly advice me plz
Thanks in adv