I have raised e-Credit Note greater than the actual value and need to cancel it and need to create new one with correct amount. Here is a general approach for suggestion.

Dear sir,
i return[purchase return] some goods to party with sales invoice in 2022-2023 but after 4 month party issued credit note for that invoice in 2023-2024 which impact my input showing less
please advice me what to do?

Dear Expert,
We are going to written off creditors payment (previous financial year 3 year back) from our books of accounts, if any GST reversal required

Hi Expert,
We registered under GST in Maharashtra, Procure material from all over India & store material in Hyderabad, in Transporter Warehouse & same dispatch when needed to all over India. We haven't registration in Hyderabad. We always bill from Maharashtra & while procurement always bill to Maharashtra only. What compliance we need to follow in this case ?? What question will arise while GST audit by authority ??

Sir,
If own manufactured finished goods (Bricks) are transfer for captive consumption, Than what will impact of GST.

I have filed a GST Refund for Export of Services with Payment of Tax and the status is `Bank account validated` since more than 2 months. Can someone tell me the possible reason behind it and any action that I can take to make it proceed further?
Thank you

Hi All,

I have an Issue with the Adjustment of Advances filed in the GSTR1 with the Advance GST Tax is paid in the Previous Month as Advance Received

For Example:
I have Received the Advance of Rs.50,00,000 and Plus GST of Rs.9,00,000 in May'24 and the Total value of 59 Lakhs as advance

Which the Invoice has splitted into 10 Invoices as of for the Project Period requirement
The Advance of Rs.9lakhs has been paid in Advance Received in the Month of May'24, In June I have raised the First Invoice for the Advances received, I have shown the same in the Adjustment of Advance Received 11B (1) & 11B(2)

But It reflecting in the GSTR3B for the Liability to be paid

Kindly share your thoughts on this

As we already shown in adjustment of adavances why it reflecting Tax Liability in GSTR3B

1- Can ITC be available on purchase of a four-wheeler motor vehicle if it is solely purchased to give it on a contract basis to companies?
2- If it is used as Taxi and given to companies on a contract basis.

I had purchased residential flat in Bangalore recently . The flat was worth of 56 lakhs all payments were cleared. After few months builder called and asking for GST on it.

He says its 18% GST as it is a under construction flat.
There is no Possession certificate, but electricity connection was obtained . As per builder electricity connection to flat itself is the possession certificate.

I had paid 31 lakhs out of 56 lakhs before electricity connection .

is it liable to pay 18%GST on it?
First of all is the GST 18% valid for residential under construction flats?

I already have a business which is registered under GST(proprietorship). Also, I run coaching classes alongwith my other business which is completely unrelated to it. Am I liable to collect/deposit GST or file GST returns for the coaching classes as well?
Also, can I show coaching classes under Income from Other Sources in ITR if I earn roughly same amount from them as my primary business or Do I have to show it as Income from business only?