Dear All,

I need opinion on the below:
For the month of March, there were some accrued income and hence they have recognized the revenue in the month of March and also they have raised the GST invoices to the client. But client has not accepted the invoice and have rejected the same to reissue for April or subsequent month when it is due.
I had a opinion that, if there is an accrued income and not due to be billed, only to the extent of the cost, the revenue can be recognized and income taxes has to be paid accordingly and there should not be any GST invoices to be raised and no liability to be created for GST. Instead an internal invoice can be raised and to be grouped under unbilled revenue and to be reversed as and when billed. Can anyone vouch for it or guide me the proper methodology, please

Thanks,
Rajesh R

Respected Sir,

Our office has been changed, What to do on GST site for getting the address changed ?

DEAR SIR

ONE OF CLIENT HAD ISSUE IN RETURN AS UNDER:-

IN JANUARY 18000 TAX PAID ACCESS AND 3B ALSO FILED (BY MISTAKE FEBRUARY'S 3 SALES BILL TAKEN TWISE IN 3B, ONCE IN JANUARY'S RETURN AND ONCE IN FEBRUARY'S RETURN).

QUERY FOUND WHEN I PREPARED GSTR-1 FOR LAST QTR AND NOW WE HAD FILED ALL 3 MONTH'S 3B AND GSTR-1 IS PENDING.

SO HOW CAN I SOLVE THIS ISSUE NOW...

There is one Courier bill for which custumer is GST number is local, but IGST charged on the bill, and courier will be delivered outside india.
My doubt is under which table i have to upload this bill?? (whether B2B, or Export or B2C).

I am purchasing goods through an agent who gets the goods delivered at my premises. However, he is resistant to share a copy of e-way bill since he does not want to disclose the price at which he had bought the goods from original seller. He is issuing a delivery note to me. Is it sufficing? or am I required to keep a copy of e-way for my records?

I booked a under construction flat in June 2018 and applied for the PMAY subsidy in December 2018 through axis Bank, axis Bank has scrutinised my application and moved it to NHB for dispursal of subsidy but pending with Nhb yet.
I had been approached by the builder to get a letter from the bank to confirm that they pmay scheme is approved for my loan before 15th of this month failing to do so will loose my eligibility for reduced Gst rate (from 12% to 8%) as financial year'19 Is over.. Is it true that I can't get GST Waiver because of financial year change..

Dear sir

If a Person received Mutual Fund commission Income (suach as HDFC Mutual Fund, ICICI Prodential Mutual Fund etc) hence does he need to Compulsory Register in GST ?

Does he fall under the Pure Agent ?

Thanks & Regards

Dear Experts,

Do we need to proportionately reverse the ITC taken on the basis of supplier's invoice if there is tiny shortage at the time of receiving goods. Eg.
Weight at supplier's weighbridge : 25.240 MT
Invoiced quantity : 25.240 MT
Weight at recipient's weighbridge : 25.200 MT
Shortage : 0.040 MT

We are booking quantity in stock as per supplier's invoice only, and not as per our weighbridge. We weigh the truck only to roughly tally it's weight with the supplier's weight and to see if there is not a bigger shortage (in tonnes!)
Only in rare cases, the received weight is equal or more than invoiced quantity. The small variations mostly are due to difference in calibrations of weighbridges.

I recall, that in CENVAT regime, we were supposed to reverse credits pro-rata even for small shortages.
Kindly enlighten us regarding its treatment in GST rules.

TIA

Whether Input is available on Tax paid on Freight under Reverse Charge by Composition Dealer

Dear Sir,
We have a proprietorship firm which is used to supply goods and we have rented a building for commercial use. we have issued rental invoice @ 18% gst with SAC Code 997212 using proprietorship firm GST No with Landlord Name. My question is that will I have to show rental invoice in GSTR-1 with regular goods supply Invoices... ?