We issued credit note in the month of July 2020 pertaining to IGST supply of goods of previous year 19-20. We don't have any IGST outward supply for offset of the credit note and in future also there is no possibilities of IGST supply. further GSTIN are not allowed to report the negative value. How we report the same in GSTR3B.
Amit Jain

Is GST input allowed on Rent /maintenance of Guesthouse used for office purposes?
Please clarify.

Dear Sir,

We have 2 creditors which have not paid GST in FY 2017-18 so we don't receive GST credit under GSTR-2A, further all the payment for purchase already done by us along with GST amount.

Please let me know if we will want to recover the GST amount with interest U/S 50 as per Section 73 or Section 74

sir
iam recovery agent for bajaj credit cards ,every month bajaj crediting amount on commission basis to my account in that tds is deducting ,i have taken registration for gst but in my gst portal login no details of bajaj entries ,should i pay gst ,if so at what rate,or it covers under RCM supplies,solve my issue

GSTR 1 Return is filed quarterly and GSTR 3B monthly

In F Y 2018-19 some B2B Invoices were taken in GSTR 3B and GST paid but were not included in GSTR 1 quarterly returns.

The said mistake was rectified while filing GSTR 1 of quarter ended Sept 19 by including above missing invoices

Now while filing Annual Return for F Y 2018-19 Turnover in Item 4B of GSTR 9 is shown less. Shall i include difference in Sr No 10 of Pt V or change turnover in item 4B ?

CGST Act has been amended as per notification 02/2019 raising the threshold of a composition dealer from 1 crore to 1.5 crore w.e.f 01.02.2019. Does this mean a composition dealer can sell upto 1.5 crore during 2018-19 financial year? My client's sales exceeded 1 crore during March 2019. Is he safe by virtue of this act amendment which would have its effect from 01.02.2019? An assessing authority is of the opinion this change would take effect from 01.04.2019 only. I am in a dilemma on this issue. Please help me out.

Hello
One of my client is GTA providing services on RCM. While filing 3B there is no GST liability and no ITC set off is taken. however can we accumulate GST paid by company on various revenue and capital expenditures while filing GSTR 3B ? so that it has got reflected in ITC ledger on GST portal over the period. is it allowed to accumulate ITC while providing services which are exempt or on RCM basis ? We are not setting it off but wants to know accumulated ITC is allowed or not on CREDIT LEDGER. can we utilize such accumulated ITC balance in future on proportionate basis company provides any taxable service ?

DEAR SIR,

WE HAVE STOPPED INTER -STATE PURCHASE FROM APRIL, NOW THEY HAVE ISSUED CREDIT NOTES, MY QUESTION IS HOW TO ADJUST IGST CREDIT NOTES BECAUSE THERE IS NO INTER-SATE SALES OR PURCHASE UNTIL NOW THEY ISSUED CREDIT NOTE IN THE AUGUST MONTH HOW TO ADJUST THESE CREDIT NOTES TO REDUCE THE VALUE OF THE LOCAL PURCHASES OR ANY OTHER WAY TO ADJUST THESE CREDIT NOTE PLEASE HELP ME AND GUIDE US

REGARDS

i have issued tax invoice for goods retuned to the seller and showed in gstr1
BUT the seller has issued credit note against it
How can go about filling GST9 based on this?

A gst registered regular scheme dealer closing business.closing stock value Rs :5 lacs.dealer yearly turnover below 1 cr limit.
Question:
1.closing stock value Rs 5 lacs sales turnover treatment.
2.dealer cancel of gst number after gstr-10 filed compulsory.