Hi Expert,

We have dealing in Second Hand Car.

Purchase of Car Rs. 1,40,000
Sale of Car Rs. 1,70,000
Profit - 30,000 (as per marginal scheme we have paid GST on Profit)

My Q is In 3B Where i can show 1,70,000 Amount, (In taxable i can show Rs. 30,000)

Please advice. also correct me if i am wrong on above case.

Thanks,

Sir

in March 2018 IGST balance as per books is Rs.524362 and as per portal RS. 520040/- Difference of Rs .4322/-

Can i rectify the same please advise

Dear Sir,

I am filing GSTR-9 return for F.Y. 2017-18. After going thorough auto populated columns of GSTR-2A, I found that there is less itc credit available in GSTR-2A column when I compare it with my GSTR-3B credits taken. There is also a credit of cess amount available of Rs. 1,50,000/- in GSTR-2A which I never claimed in my GSTR-3B Return. Is there any way I can take the ITC credit of the actual bills I have. Will I be able to adjust the Cess credit available in GSTR-2A with my CGST and SGST liability. There is no Cess liability in my case.

Please help me.

Regards,
Divyesh Jain

As per Rule 96(10) of CGST Rules, person claiming refund of IGST paid on exports of goods or services should not have received supplies on which the benefit of notification No. 48/2017-Central Tax, OR availed the benefit under notification No. 78/2017-Customs. XYZ are claiming benefit under notification 78/2017 custom but not under notification No. 48/2017. Is XYZ eligible to get refund of IGST paid on export of goods.

I think this is a big issue and many people are not clear about this matter.
We purchased material from a party of UP. After inspection some material is rejected and returnable to party amounting more than 1 Lakh.
Now please clear which document is needed to prepare by us(Buyer). Should it be Debit note or Sale Invoice.?
Also provide the name of related document needed to be send to Seller with rejected material.

I have a GST Registration in Telangana say. what should charge (IGST or CGST/SGST) if I go to Karnataka and make sales there? is this allowed under GST law? or any separate Registration is required to do so?

IF I BUY A NEW CAR IN EXCHANGE OF OLD CAR IN THE F.Y.2017-18 POST GST REGIME. AND I AM MAKING CAPITAL GAIN ON THE OLD CAR IN THE BOOKS. DO I HAVE TO PAY GST ON MARGIN EARNED?
OR THIS APPLIES ONLY TO DEALERS OF SECOND HAND CARS?

I have a small business in rural area having registered under Gram panchayat and having trade licence.and turn over is less than 20 lac. whether i am required to take GST No ?.
pls advice & guide

We have Leased out Machinery for Rubber product for a period of 10 Years. The Lease Rent is received every month. The title of assets remains with us at the end of the Lease period. We have collected GST from July,2017 on wards and paid the same regularly. Now the Tax Office has informed us that such lease arrangement attracts "cess" for which we are being held liable.
We need advise from experts on this issue.
What happens about the GST amount paid by us till date ?
Ali Akbar
aliakbarsb@gmail.com

Respected Experts
one of our newly GST registered PWD contractor received contract amount from the government now. but the work done and invoice raised before GST registration. whether this amount liable for payment of GST or not. please reply......... Thank You