Sir,
In case-1
Stock value as per books rs:10 lacs
Physical stock value verify in trade rs:15 lacs
In case-2
Stock value as per books rs:15 lacs
Physical stock value verify in trade rs:10 lacs
Question:
A gst registered above mentioned two cases stock difference value adjustment procedure in books under gst act.

A registered regular scheme dealer sales tax rate 12 and 5 percents to b2b and b2c both types of transactions.
Question:
Tally Accounting entry for b2b and b2c passed procedure in books.

Dear Sir,

Our company has purchased diving boat for business in march' 21 , cost of Rs.35 . Shall i take ITC on purchase invoice this FY 2021-22 . i can take full itc or Partly.

Kindly advice.

Brdgs

R.S.Pandi

For the registered persons who have failed to furnish the return in FORM GSTR-3B, for the months /quarter of July, 2017 to April, 2021, by the due date:

Sl.No
Return in FORM GSTR-3B for the month/ quarter of
Amount of Central & State/UT tax payable in the return
If Return furnished between
Late fee payable waived in excess of (Rs)
1
July, 2017 to April, 2021
NIL
1st June, 2021 and 31st August,2021
500
2
July, 2017 to April, 2021
Not NIL
1st June, 2021 and 31st August,2021
1000

BUT WHEN I TRY TO FILE THE RETURN FOR THE PERIOD OF AUGUST 2020, IT SHOWS THE LATE FEE OF Rs.2300/-. what can i do?

Please provide Guidance on following:

Whether show Net Value of Outward Supply i.e. After adjustment of any Credit/Debit note issued during the month in Table 12 in Form GSTR 1.

Or

Gross Value of Outward Supply i.e. Before adjustment of any Credit/Debit note issued during the month in Table 12 in Form GSTR 1.

Query :

Location of supplier : Hyderabad (Telangana state)
Location of recipient : Hyderabad (Telangana state)
Service : Renting of immovable property(997212)
immovable property location: Bangalore (karnataka)
place of supply as per rules : Bangalore
Here location of supplier and place of supply is in a different state, hence it is inter state supply

Finally i have to charge IGST to my customer who is in Hyderabad.


is my assumption based on above facts are correct?


If NO, plz clarify with proper explanation.


Thanks in advance

Hello experts,

I took a flight for business purpose in April. Airline invoice shows Rs.4300+5% (SGST/CGST). My April GSTR2B shows this entry under eligible ITC. I however remember someone telling me that 5% GST cannot be claimed as ITC. How true is this? Under what circumstances can I claim 5% GST as eligible ITC?

Thank you in advance.

Raj

Sir, My Client is doing Civil Construction work. now he received a order to construct a hospital. my query is how to charge GST from customer ? because he(contractor) purchases all material and supply labour. does he charge GST for labour service only or for total constrution? please clarify sir. thank you

Note Our turnover more than 5 crore

For the month of April,21 GSTR3B not filled till date for COVID purpose and we will hope that gstr3bfilled 10/6/21. note that not come any tax liability Apr,21 which shown below
IGST CGST SGST
Output tax 0.00 30500 30500
Input tax 62500 9500 9500
Input tax payable 0.00 0.00 0.00
Input Carry forward
Next month 1500 9500 9500

Any INTEREST and late fee will be paid in this above situation.

Query
A is Singapore based company
B is an Indian company @ SEZ
C gives order to A to supply material to B directly
C gets commission from A (usd directly deposit in bank of C)
Whether C is liable to pay GST on commission ?