Our Transporter Charging 2.5 CGST & 2.5 SGST can he do so if yes than i am still liable to pay RCM on such bill or not. What about ITC of of both can i claim credit or not.

Hi Members

My client is a works contractor, presently he is doing sub work contract of govt work in this connection kindly guide me on
1. What is GST rate for Billing to main contractor ?
2. Can i take input for cement and steel

thank you
Vimal kumar

As per GST laws if i am selling completed building/land then this is deemed as exempted supply although it is not even a supply but deemed as exempted. Now suppose i am selling a land of 2 crore and its SDV is 45 lakh means it crossed my limit of registration and also i had a very small shop having turnover of 5lakh during a year.

In the above example aggregate turnover will be rs.50 lakh.

Now considering above facts will i need to take registration in GST?

If yes, will this not amount to hardship to a small trader?

We received notice for outstanding interest for belated returns(GSTR-3B).We generated challan for that interest and payment was made.Where will i disclose that interest? Electronic cash ledger is showing Interest.

Is restaurant required to take mandatory registration which are working with aggregators (zomato/seiggy)?

If no then why? Because as per GST law any business except specified in section 9(3) are working with aggregators are required to take mandatory registration if orders and payment both are happening thought this aggregators because in this transaction TCS provision will apply and aggregators required to take TCS on commission and if TCS provision is applicable then both aggregators and restaurants required to take mandatory registration.

DEAR SIR
PLS ADVISE ME THAT CAPITAL GOODS AND FIXED ASSESTS DIFFRNCE WITH EXAMPLE AND CAN I FIXED ASSETES GST CLAIM TO GST DETAPRTMENT OR NOT PLS DEFINE OF THIS REASON ON MY MAIL.
aj38212@gmail.com

Dear Members!
A client of mine who had dispatched the goods with eway bill however the goods is still in transit but due to payment terms the said order has been cancelled. Now the client want the truck to come back. Pls do let me know what is the document formalities to back the goods from transit. Is delivery challan is enough with eway bill, if so how's these challan and eway bill will be reach to the truck driver with physical signature. Also in buyer & consignor details whether my client name will be given that means both supplier & buyer is same, is it fair practice! Pls clarify the relevant documents so that client truck could come back from transit.

Thanks
Karan

sir one of my client is an tax deductor and liable to file gstr 7.
in June 2019 we have tds deduction so file the same . one my our dedcutee reject the bill which we file in GSTR 7 june 2019 . (action taken by him on Sept 2019)

later July ,Aug ,Sept we dont have TDS bill so we cant file gstr 7.
in oct 2019 we have TDS bill while submitting TDS returns we cant able to amend the previous rejected bill. because it doenot appear in oct month returns (TABLE 4 OF GSTR 7)

And its shown in july 2019 retun (TABLE 4 OF GSTR7).

My question is
can i edit the rejected bill in oct or subsequent months returns,
or it is mandatory to file july returns with amendment of the same.(if yes any late fees attract for the same)

Sir,
I have an query related regarding New rule of Amendments & ITC

1. In Case The Supplier is fail to File to his GST Ret/ Anx-1 on time but The Copy of invoice was received to us. Can we Eligible for ITC Regarding the Bill?

2. If The copy of Bill is not received but The bill of supplier was shown in our GSTR 2A , Can we avail the input?
3. If we have filed wrong details in Anx-1 (outward sale) So, what is the time limit to amend the invoice & How to Do.

Dear Sir,
As we are manufacturing firm for garments. Due to the floods in Mumbai on July 2019, our goods were damaged due to watterlogging at our ware house. We have put insurance claim from the insurance company. After submitting the necessary documents, they told us to reverse the ITC claimed earlier, and to show the reversal document to them. Then only they would pass the insurance claim.
Kindly explain the reversal procedure for ITC of GST. to show the same to insurance company.
Please reply back immediately.
Thanks