If invoice raised in 10.04.2024 but expense related to mar.2024 and we take provision entry of expense in mar.2024 against that invoice but question arise regarding GST RCM.
when will GST RCM entry will booked against that invoice when payment made to party in 10.04.2024 or in mar.2024 while taking provision entry of expense.

Dear Sir/ Madam,

We have GST registration in one state & have applied for GST registration in other state which is still under process.

Can I still transfer/ transit inventory to the Warehouse in that other state (where registration yet to receive) on Delivery Challan & Eway Bill ?

How should the Sale out of such transferred Inventory be Invoiced/accounted ?

Best Regards,
Rachana

Sir, A person want to supply various types of items to departments including, Clothes, Printed materials, building materials and other items as required by them. While applying for new GST Registration, how should he add items dealt by him, as there is maximum 5 options given in GST portal ?

One of our clients erroneously added an extra '0' in the taxable amount when filing the GSTR-3B for February 2024 using ClearTax software. The actual turnover (T.O) reported under GSTR-1 was 22.00 lakh, but it was incorrectly filed as 220.00 lakh in GSTR-3B (table 3.1)

Although they can adjust the excess turnover under Mar,2024 GSTR3B by (-) excess T.O which is erroneously filed under Feb, 2024 GSTR3B but the T.O for the Mar, 2024 month is 13.00 Lakh, here they are not able to adjust the difference amount and also Table 3.1 is not taking (-) figures.

What we can do in this case ?

Respected Sir / Madam,

Is it mandatory for Purchaser to upload Debit Notes on GST portal?
if yes please reply to me with soft copy or notification.
I will be thankful for the response as this audit purpose matter.

Thank,
Hardik

Dear members,
I have 2 queries please provide your valuable advice.


We are in the business of renting commercial spaces. Our contact requires the licensee to submit performance security in the form of Bank guarantee equal to a 6 month license fee. As per contact, If the licensee defaults in payment of the licensee fee for a continuous period of 2 months, we have a right to terminate the contract and invoke the Bank guarantee.
1. My question is whether GST is applicable or not on the amount of miscellaneous income (Rs 800000)? Miscellaneous income= Bank guarantee (Rs.1200000) - 2 months dues (Rs 400000).
2. Is GST applicable or not on the interest charged by us on delayed payments made by the licensee?

Is there any time limit for issuance of credit note after sale of goods ? Caw we issue credit note after 2 year from date of sales invoice? Please clarify?

Is it needed to show zero rated sez purchase bill in gstr-3b??

SOME OF MY ITC SHOW IN PROVISIONAL LEDGER...WHY IT IS HAPPENED BECAUSE I CHECKED ALL MY SUPPLIERS ARE ALLREADY FILLED THEIR RETURN...PLEASE SUGGEST

We are registered Goods transport agency based in Bangalore. One of our customer who is also registered person in Karnataka has utilized our service to transport their products from Bangalore to Chennai. Please clarify whether we are required to bill under IGST or CGST.