In case of GTA with expected turnover more than 1.5 cr and paying gst under forward charge @12%, is it mandatory to maintain hsn/sac code of input or input services received by it on which it is claiming itc......

At the time of clearance of goods or service in GST regime.
Is it necessary to have a credit balance in "Input credit" account
or Cash deposit (PLA) ledger. Like as system in "Central Excise regime"

You are requested to guide us.

Thanking You,

Rajkumar Gutti

i am filling GST 3 B November, and i have credit of October Month IGST -46643. and in November Month I have Out Put IGST-2953,and CGST-54666,SGST-54666. Total Out Put Is 112285.and Input IGST-9785,CGST-21875,CGST,21875. Total Input is 53536. and October Credit IGST is 46643 Total Input is 100179 and OutPut GST is 112285 and Difference Amount is 12105 my payable GST i want know this amount which under i am create challan CGST , SGST , IGST wich under i am pay this amount please help me

Sir,
sub: issue of notice for penalty for non issuance of tax invoice
my client having a shop, today CTO (commercial tax officer) has visited his shop and asked him to show the bill book, but my client has not disclosed it to concerned officer, the officer has imposed a penalty of Rs: 80000, but my client is a small chop keeper with annual turnover of Rs 19,00,000, he has obtained the GST licence voluntary basis
can we fight for reduction of penalty levied,
is there any maximum and minimum restrictions for leavy of penalty u/s 122 of GST act?
what steps should i do to get nullify the peanalty?
pleas help me

thanks in advance

export of services of software is there any relaxation of 20 lakhs limit

Dear Expert

Kindly advise what are the Reverse Charge payable by Pvt Ltd Company at present.

Sir,
We are the exporter of textiles, we have filed GSTR 3B For July-2017, we made the one mistake for the 3B Return. The mistake is input tax credit entered in IGST Column instead of CGST. Now, my query is if any problem will rise for refund applying for the month of july-17. And how to rectify the mistake. Please help me…

"A" is manufacturer and supply goods to "X" on wholesale price less Pre-defined Trade Discount & Cash Discount at time of supply and reduces the same in the TAX INVOICE itself and charged GST on reduced value of goods.
"X" made payment of the Invoice on due dates.
Subsequently based on the total supply of goods, "A" issue Credit Notes towards Discount called as Quantity Discount/Incentives etc. without mentioning any GST on the said value and paid through Cheque/DD/RTGS/NEFT to "X" or even allowed "X" to deduct the value of Credit Notes from future payables.
My Question is :
What is the treatement of this Credit Note in the hands of "A" as well as in the hand of "X" under GST Act?
Will “X” is liable to pay GST on Credit Note issued by “A” and reduce his ITC but in this case “A” is not ready to take the Input tax credit on Credit Note issued by him.


Is there any violation of GST law in it ? "A" has not reduced his GST Liability nor "X" has reversed ITC on account of such Credit Note. There is no impact of Revenue as well.

Sir,

We are exporter have to claim refund which is correct we have to claim month wise input or direct cash ledger which option is correct to claim refund

Thanking you

we have purchased some goods from an importer through a commission agent. if we pay commission on the purchase shall we pay g.s.t on the commission . please treat this as most urgent and give your valuable suggestion .

thanks in advance
K.B.NAGESHA RAO
9448826793