Exporter dispatched the goods to Germany. Bill of ladding, Shipping bill is issued to the exporter. The goods were loaded in a container having hazardous material which got leaked between the sea transport. The whole container was disposed off by the shipping Company. The German customer did not pay for the material but the shipping agent in India aggreed to pay for the consignment. Is GST applicable for the sale?

One firm has not paid RCM pertaining to the financial year 2018 - 2019, How to solve this?
Party will pay the RCM. I wanted to file GSTR9, GSTR9C is not applicable as the taxable value is less than Five Crores

R S Sai Kumar
9246881884

On what date is the import bill accounted in books? Is it to be accounted on the date of commercial invoice/ date of bill of lading/ date of bill of entry and accordingly which exchange rate to be recorded? No advance payment has been made against the same. Capital item is purchased and CIF Contract was there

In my case, the date of commercial invoice falls in one accounting year and the date of bill of entry falls in another accounting year? In which year do I account for the capital item purchased?

sir
If a transport co. wants to do an additional business of trading of goods, can it do its business under the same gst number?
If yes, can it avail the ITC of its early purchase of tyres and spares and utilize it against the sale of goods ?
let me know plz
thanks in adv

whether concessional rate of tax on works contract services to govt applicable to sub-sub contractor

A taxpayer at present gst regular scheme registered under gst act.tax payer both type of goods and services business running.if a tax payer gst regular scheme conversion( change) to composite scheme registration
Doubt:
Tax payer for selling goods turnover limit rs:1.5cr pay tax @ 1%and for services turnover Limit rs:50 lacs pay tax @6% total composite scheme dealer turnover threshold limit rs1.5cr or 2 cr applicable in gst act.

Respected Sir,

Our Sales Turnover is less than 5 crores and we have not paid GSTR-3-B liability for the month of June 20 as yet. If we clear the said liability latest by 31st Aug 20, whether we will have to pay interest and late fee both. Whether interest and late fee both shall not be waived because of the category of less than 5 crores sales turnover.

F.Y. 2017-18 As per accounts ITC is 100000/- and same was availed in GSTR3B but in GSTR-2A is Rs 75000/-. If i file annual return then will i have to pay difference amount of Rs. 25000/- with interest. I have all invoices.

Sir, I own a goods vehicle. I purchase coal from market and sell the same to my client. Sale proceeds received by me is including freight (my own vehicle). I am registered as composition dealer in GST. It is learnt that goods freight is exempted from GST. In my case, whether I will have to pay GST on entire sales proceeds of coal (transported by my own vehicle) or approx. tpt.charges to be excuded from GST turnover ?

We have taken one aircraft on lease from a USA company. Can the USA company charge GST on Lease Rent or we are liable under Reverse Charge.