Dear Experts,

My client ( not an EOU ) has an Export order , he will export the goods from his existing stock procurred from Local market by paying CGST / SGST & IGST , few items will be imported on which IGST shall be paid.

He has also received the LUT certificate .

My query is :

1. Do we need to claim input of CGST/ SGST / IGST paid on procurement of goods only after exporting or can we add the input in our Input credit ledger and utilize it in paying of Output taxes on sales in Local market.

2. I understand that the rule to claim refund of Input of IGST / CGST / SGST on exports will arise only on 100% EOU or SEZ since they will not be having any Output GST, correct me if i am wrong.

Thank in Advance.

Dear Sir,

What is ITC-04? who needs to file this form?
When this form should be filed?
What if one is failed to file this form?
what could be consequences?

Please solve my query!!!!!
Thanks!

Hi Sir/Madam,


Here we are collecting the annual day fees of Rs 1000/- per child and this we are using it for the annual day expenses in this whether we have to charge GST on this amount or not ?

Plz advice your valuable inputs.

Thanks,
Mahesh

Some goods was sold in September 2017 and was reflected in GSTR-1 of September 2017 but certain portion of goods was returned in Jan 2018 effect of which has to be taken into GSTR-3-B of Jan 2018. What to do in such case ? Please guide me and oblige.

Dear Expert,
Kindly suggested the Query:-
We are manufacturer and we paid Freight to GTA in Cash if Amount is under 10 K or through Bank. we want to know, is? RCM is applicable on Cash Payment of freight.
Example: 1
Freight A/c -6000
To, Cash- 6000
(Freight Paid to GST Registered Transporter)

Example: 2
Freight A/c -6000
To, Cash -6000
(Freight Paid to UnRegistered Transporter)

Example: 3 Freight A/c -16000
To, Safexpress -16000
(Freight Booked)


Kindly Explain

Hi,

We are providing GPS tracking services to school buses with our own equipment which is imported and with our own team of software professionals, for the same we collect monthly service charge including GST, but our client is argue that services to schools are exempt from GST, Hence, I have checked the GST exempt list that is transport of students, teachers, House keeping service, Security service, Mid-day meals are exempt from GST, but our is service is not transport. Hence, lot of confusion whether this Taxable or exempt from GST.

Kindly help me with your valuable guidance.

Thanks & Regards,
M Mohan.

Sir,
is there any problem if a company didnot claim input in a particular item of a bill, Gst is filed without taking that input.
it is shown in Gstr2B? is there any problem if i add back that input with purchase value???
can we have option to non claim input gst?

GST Limit applicable on Commission Income or not ???

I had filled gstr 3b and gstr 1 monthly from july to december . On reconcilation of input tax credit ledger on gst portal with my books i noticed that, there are some purchase invoices of which itc in that particular month i not aviled . Can i availed itc of all such bill having date from july 2017 to dec 2017 in my next gstr3b in jan 2018.

"A" is an individual with an annual turnover from services of Rs. 15,00,000/-. Therefore "A" did not get registered under GST. "A" purchased a motor car during the year and used it for the purposes of conveyance. The motor car was sold by "A" for Rs. 7,00,000/- during the year. "A" has not take input tax credit since A is unregistered. Request the experts to reply whether the sale of the motor car will be considered part of "A"s aggregate turnover necessitating "A" to get registered under GST Law [i.e. 15,00,000 + Rs. 7,00,000] ?