Mr. X purchase material 25 Kgs at Rs.1000.00 per Kgs but bill receive at Rs.1100.00 Per Kgs under GST. There is rate difference of Rs.100.00 Per Kgs i.e. 25 Kgs X 100 = Rs.2500.00.
Mr. X issue debit note to supplier.
My question is Mr. X charge IGST @ 18 % on debit note value i.e. 2500 X 18 % = Rs.2950.00
Please reply on urgent.

Hi Sir,

RCM is applicable where registered dealers purchased goods or services or both from unregistered dealer in aggregate of expenses exceeds Rs.5000/- per day on all such expenses.However, Jewellers are purchases old gold from customers against their sales.
My question is , where this exemption limit also applicable to old gold purchase or is exempted from this notification 8/2017. please clarify in this regards.

Our local supplier provide us goods at our door and charge freight 800-900 in invoice but he add freight after GST so my question is how to deal freight entry. RCM will be applicable on freight ? He provide goods by chhota hathi or Tata 207

i want to know that one of my friend take over one hard ware store of partner ship constitution but know he will run his business with different name and constitution ( proprietor ) so he need to registration in GST because he had not and other proof except his PAN and Gumasta Dhar licenses

please help what should he will do ?

regards
ishan

Dear Experts,

We are registered under GST. Goods sold on 20.06.17 to URD but returned on 02.07.17 shall GST will be applicable?

If applicable we have to direct debit GST or pay under RCM?

In case any small retailer want to opt compounding scheme in gst,.. Then.... does his turnover includes nil rated gst items also for calculation of 1% gst.

How to know about sector/circle/ward in GST, because these are required for fresh registration?

if a person who is a consultant and providing the services to students for study at abroad and he getting the commission in foreign currency from those universities and colleges will he pay the GST on such commission if yes then what will be rate of GST ?

Service provider has migrated Service Tax Reg number to GST. Turnover was below 15L in FY 2016-17. In FY 2017-18 likely to be below 20L. He has got GST RC in FORM REG-25. He wants to cancel the same. Since the cancellation FORM REG-29 is not yet started , is it necessary for the said service provider to file July 2017 return.
Pl Explain

Read more at: https://www.caclubindia.com/experts/cancellation-of-provisional-gst-rc-2535594.asp

Does an individual need to tae GST Registartion if the annual income (Apr-Mar) from services is less than Rs.10 lacs?