We have received a notice on Reversal of ITC on Exempted Sales Rule Under 42 & 43. Regarding this we are unaware of it and when we gone through Rule 42 & 43 we are in Confusing. Please explain in briefly and the calculation and any calculation excel sheet can be provided.

Dear Sir,

How to show the purchase under composition scheme in our books of accounts ?

PLEASE ADVISE & OBLIGE.

YRS TARIQUE RIZVI

982 1630 130

Dear Experts,

We are manufacturer & proprietor concern & want to take Pure Labour Service from an unregistered person.

Should we pay GST on this service? or we are exempt to pay GST.

Kindly advice.

Sir,
A RTP ITC difference details mentioned below f.y 23-24
ITC claim as per books rs:923410/-
ITC claim as per gstr2b rs:945320/- in gst portal
ITC claim as per gstr2a rs:935790/- in gst portal
Doubt:
Dealer ITC difference adjustment based above mentioned options for the month of March -24 month

I supply construction materials vide my own trucks and bill amount raised is inclusive of truck freight. Whether I can claim ITC on truck-parts purchased by me ?

WHEN B2C HSN SUMMARY IS MANDTORY
1) ABOVE 5 CR ONLY
2) ABOVE 1.5 CR UP TO 5 CR

Respected Experts,
Ours is sole proprietorship concern on a rented property (land and buliding). Our proprietor has now bought that rented property in his Wife name. And we are planning to pay rent of Rs.1.00 lac in his wifes name and dedcut TDS at 10%. Wether GST will be applicable on rent in this case?

Dear Experts,
1 A company is availing the security services from a GST registered person,
2 Since the RCM is applicable, the company is discharged its lability.
3 Now the query is
4 Whether the service provider needs to FILE GSTR 1 on invoice wise basis.
5 If the service provider not filed, will the service recipient have any consequential effect?
6 Pls clarify

Hello, Previous months bill amended and gst liability increased in R1 of that Previous months. Now question is How to deposit tax >can it be deposit by DRC03 or in Annual Return, Experts opinions are sought

Is a taxpayer liable to pay interest on deffered tax for a previous F.Y.(2019-20) under GST if the said tax is paid using input tax credit available in the current FY through DRC-03 while the same credit wasn't available in the related FY(2019-20)?