Hi,
One of my client is engaged in the business of trading of Solar Panels. Now he's going to setup a Solar Power Plant in one of his client's premises on his own cost and supply & sale this generated electricity to that person.

Now I am confused in tax implications on this transaction. Which tax is applicable on this supply of generated electricity and how is this accounted??

Thanks

SIR, HIGH SEA SALES AGREEMENT BETWEEN MR.X(KOLKATA-SELLER/IMPORTER(IEC CODE......)) AND MR.Y(KOLKATA-ACTUAL USER/BUYER)) GOODS CAME FROM FOREIGN COUNTRY. IGST PAID IN CUSTOM -ACTUAL USER/BUYER SO, MY query IS CAN ACTUAL BUYER CLAIM IGST PAID IN CUSTOM AS IGST INPUT CREDIT IN HIS BOOKS/GST RETURN AND IF HE CAN TAKE AS INPUT HOW TO SHOW GSTR 3B AND IF ANY NOTIFICATION ARE THERE RELATED HIGH SALE. IF ACTUAL BUYERS TAKEN INPUT CREDIT ON IGST PAID THEN HOW TO SHOW GSTR 3B RETURN AND THE AMOUNT PUT IN WHICH TABLE IN GSTR 3B.

Dear experts, we want to know that can we claim input over packaging items which we use for packing sold items to deliver it by courier? Like we buy carton tapes for packing items which we sell online to deliver those items by courier.

Please reply..
Thanks in advance..

We received supplies from parties where freight is mentioned in the bill but gst is not charged on that.
Now, at what rate shall we pay reverse charge on it.
In some bills we received the transporter bill without gst on which also reverse charge to be paid by us.
What are the rates applicable and any exemptions available.

respected sir,
my query is : i am gst registered...
(1)is gst is applicable on commission income recd on behalf of gst exempt goods(agricultural goods)...

(2) also i have recd commission income from a party in march...by mistake gst was not recd by the party as i am gst registered...now what i have to do... am i supposed to deposit gst on that income...the counter party is not responding to my query...

Hello Sir,
I am Ashish Tiwari From Lucknow my query is that if customer have other state gst no. but place of supply is suppliers city (state). whict GST levied on supply CGST-SGST or IGST?

Thankig You

Sir,
My friend is doing Car painting and washing works. He want to take GST Registration .
Whether he can take GST Registration as contractor, since he is doing car painting works..

Dear Experts,

Please advise on the below.

I have purchased furniture for my business in year 1 and taken full ITC. In year 3 I am no longer using it and I gift it to my brother. Will I be liable to reverse the ITC to any extend?

Thanks in advance.

Dear Experts,
During FY 2018-19, my one of the client (service receiver) has deposited CGST and SGST on RCM basis on GTA for all GTA Services received by him. Now on checking of liability summary as provided on Portal, some liability also displayed for IGST which were already paid by him as CGST+SGST. Please suggest what to do.

MR.X PURCHASED STOCK OF RS 2LAKH IN JAN25, 2018 (COMPOSITION SCHEME). ANNUAL RETURN FOR 17-18 FILED ON 31 JULY. HE OPT FOR NORMAL SCHEME ON 25/12/2018. STOCK PURCHASED ABOVE LYING UNSOLD ON 25/12/2018. CAN HE CLAIM ITC ON SUCH STOCK????