I have 1 AUD in my Axis Bank forex card. Rate given to me was ₹ 47/- & I was informed that MINIMUM GST of ₹ 45/- will be deducted as per GST laws.

Is there any such circular ir section which states that Minimum GST amount will be ₹ 45/-

Bank was not able to provide me any circular but asked to check with GST

Can you update if it's true and vide which section or notification

ANNUAL RETURN 9
PT.III POINT 8
---------------------------------------------------------------------

8.A ITC AS PER GSTR 2A RS.10,00,000/-
8.B ITC AS PER 6(B) AND 6(H) RS.11,20,000/-
8.D DIFFERENCE (-) RS.120,000/-

NOTE : ITS HAPPENED ACTUALLY, WE HAVE RECEIVED A CREDIT NOTE(DISCOUNT) FROM SUPPLIER FOR RS.120,000/- . INSTEAD OF DEDUCTING FROM INPUT , OUR ACCOUNTANT, IT ADDED BACK WITH OUTPUT AND PAID THE LIABILITY. NO DIFFERENCE IN TAX PAYABLE AND TAX PAID. BUT WHILE FILING ANNUAL RETURN 9, THERE IS A CONFUSION , HOW TO CLEAR THIS DIFFERENCE AMOUNT? KINDLY GIVE VALUABLE OPINION OF ALL PROFESSIONALS ......THANKS IN ADVANCE

Sir/Madam, My query is in GSTR 9C EXPENSE SHEET WHICH AMOUNT PUT IN VALUE column IS TAXABLE VALUE OR PROFIT AND LOSS ACCOUNT DEBIT AMOUNT (LIKE 12 MONTH OR 9MONTH AMOUNT MEANS APRIL TO MARCH TOTAL AMOUNT OR JULY TO MARCH AMOUNT SHOW IN VALUE column IN EXPENSE DECLARE SHEET.

Sir/Mam,
I have a query regarding taxablity of medicine supplied to in house patients for packages patients where only Single amount is charged for all services ,

I have a query regarding Mixed supply and composit supply that such type of transection will be treated of mixed supply or composit supply as if it is treated as composit supply then no gst will be charged but if it is treated as mixed supply then gst will be charged at higest rate.

Dear Sir,
I have purchase MS Rod (Sariya) worth Rs. 1,00,000/-
Add: GST Amount: 18,000/-
Sub Total: 1,18,000/-
Add: Freight Advance :(Transport) 20,000/-
Total 1,38,000/-
I have paid Rs. 1,38,000/- to my suppliers, and when the MS Rod has been received the Transport bill comes to Rs. 50,000 with my name and then I have paid rs. 30,000/-(Rs. 50,000 Less: Rs. 20,000 advance ) to the transporter .
My question is that whether i am liable to GST on RCM basis , if yes then on which amount (on 30,000 or 50,000 or on 20,000) , Please clarify with relevant clause and rules .
Also note that :
Supplier is Registered Party ( in Maharashtra)
Received is registered Party (In Uttar Pradesh)
Transporter is unregistered (Maharashtra)

Dear experts please suggest me
if any party dose not deposit GST amount to the GOVT & not show in form 2A
what should i take action against party
(GST amount is very huge amount )


+91 9888814776

Sir,

One of my friend is running a business at Hosur, Tamilnadu with GST registration. Now, he has to move
his principal place of business from Hosur to Chennai, Tamilnadu. He has no branches. Is it enough if he
give the details of his new premises under "Amendment of Core Fields - Principal place of business " ?

What about the change in the Judicial office of the State ( Local GST circle ) ? What should he do for
this ?

Pls. advice.

WE HAVE CLIENT WHO PURCHASED SCRAP TYRES AND TUBES FROM UNREGISTERED PERSON IS THERE RCM APPLICABLE OR NOT????????........
IF YES SO WHAT IS THE % FOR IT??.....

Dear Experts,
Pls suggest me

I've raised a bill of Rs. 74859+13474.62(IGST) = 88333.62
later i found that Rs. 74859 is the Total Inv. Value including GST i.e (Rs.63439.83 + 11419.16)
Means I've wrongly charged GST on Rs.74859/- and filed my GSTR-1 and paid the liability of the same
Can I raise the credit note of Rs.13474.62(IGST) only of tax Amount.
If yes, Is it need to report in GSTR-1 as I'm raising credit note of only tax amt. ?????

RESPECTED SIR

WE HAVE DEVELOPED DISCOUNT COUPON APPLICATION WHEREIN REGISTERED SUPPLIER CAN PUT THEIR DISCOUNT COUPON & CUSTOMER CAN USE DISCOUNT COUPON AT ANOTHER REGISTERED BUSINESSMAN WITH US.

BUSINESSMAN WILL HAVE TO MAINTAIN PREPAID ACCOUNT WITH US .

FROM PREPAID ACCOUNT WE WILL DEDUCT FOLLOWING AMOUNT AS UNDER:-

AT THE TIME OF ISSUE :-RS.1

CUSTOMER CAN REDEEM THAT DISCOUNT COUPON AT ANOTHER REGISTERED BUSINESSMAN & NOT SAME BUSINESSMAN AT TIME OF NEXT PURCHASE:

AT THE TIME OF REDEMPTION RS.25 WILL BE DEDUCTED FROM BUSINESSMAN

OUT OF THAT RS.25, RS.20 WILL BE CREDITED TO CUSTOMER ACCOUNT AS LOYALTY POINTS

I WANT TO KNOW POINT OF SUPPLY UNDER GST FOR ABOVE MENTIONED TRANSACTION :-

1) WHETHER GST WOULD BE APPLICABLE AT TIME OF MAKING PREPAID BALANCE OR DEDUCTING RS.1 ON ISSUE OF DISCOUNT COUPON ?

2) WHETHER ANY GST LIABILITY WILL ARISE AT TIME OF REDEEM OF DISCOUNT COUPON AND IF YES ON WHAT AMOUNT RS.25 OR RE.5 ?

PLEASE HELP ME IN THIS REGARD


THANKS IN ADVANCE