i want to know the Interstate Transfer of goods having same PAN number and GST registered in different state like UP (main branch) and other gst registered in maharashtra (new branch registration under same PAN ) following are the query
1. how we can send goods / services to new branch registered through delivery challan or tax invoice
2. what will be the price we should charge on delivery challan / tax invoice to send goods to new branch .
3. can eway bill will be made if value exceed 50k through delivery challan / tax invoice
4. if tax invoice will make to transfer goods to branch or division for same pan holder in different state then can seller take payment for that invoice or not because both are having same pan means propritor is same for company

My gst is showing error system is checking drc-01c please wait

DEAR SIR,

I COULD NOT CLAIM ITC IN THE MONTH OF MAY 2023, CAN I CLAIM ITC IN THE MONTH OF NOVERMBER WHILE FILING GSTR 3B. THE SELLER FILED GSTR 1 WITH DUE DATE OF THE RETURNS.

IF IT ANY PROBLEM WHILE CLAIMING ITC IN THE NEXT MONTH SHOWING RED CIRCLE.

REGARDS

Property is a vacant plot of land leased out by GIDC on a 99 years leasehold term to the Vendor. The vendor has not utilised the plot, and wants to transfer his rights to a purchaser intending to set up a factory.

This is a resale - transaction for transfer of Leasehold rights of the Plot at GIDC; GIDC charges (a)Transfer fees+18% GST and (b) Non-Utlisation Penalty+18% GST, to the Vendor (reimbursed by Purchaser to Vendor). Can the Purchaser avail of ITC for the GST paid on both the charges ?

Request an URGENT response from a GST expert in this forum.

Regards,
Ashok Pachisia
9867297925

Dear All of Valuable Expert,
I want to ask you something yesterday i filled my gst return for the month of October, 2023 but my ca doing the mistake in GSTR-1 return actually, i sell all goods to b2c whose taxable amount is 899000 and whose cgst 80000/- & sgst 80000/- and due to some reason all goods returned to me by the b2c customer whose taxable amount is 899000/- and CGST 80000 AND SGST 80000/-
however, when my ca filled the gstr-1 return then they did not fill the detail of credit not figure. now my ca filling gstr3b then auto populated data will be redirected from gstr-1 into gstr3b and my liability is around 80000 each in respectively under head of cgst & sgst.
please suggest me now what have the option of me if i do not want to pay the liability ?
please suggest me can i mention the credit not amount in gstr3b after that i file the return?

I have gst liablity in month of september but i have itc in the month of october . How can i adjust my liability and what will be consequences

sir,
A RTP(regular dealer) notice from gst department detailes mentioned below.
As per Section 17(5) read with Rule 42 & 43 of GST Rules, 2017 the following ITC reversals to be
made mandatorily.
S.No. Description of items 2022-23 2023-24
1 Exempted turnover 17607482.79 40757611.29
2 Total turnover 17607482.79 40757611.29
IGST to be reversed 77283
2465
The ITC which is not eligible for reclaim in future periods) shall mandatorily needs to be reversed in
table 4 (B)(1) of GSTR 3B return and the taxpayer is hereby requested to verify the above transactions once
again and reverse the ITC as per the provisions of the CGST/SGST Act as under:
Relevant Statutory Provisions of the GST Act and Rules, 2017:
1. Section 17(5): Blocked credits
2. Rule 38: Claim of credit by a banking company or a financial institution
3. Rule 42: Manner of determination of input tax credit in respect of inputs or input services and
reversal thereof
4. Rule 43: Manner of determination of input tax credit in respect of capital goods and reversal
thereof in certain cases.
Doubt:
Dealer notice received after procedure.

We entered with an agreement for 2 years for Furniture on RENT which the ownership shall be transferred to the LESSEE either after expiry of 2 years or upon pre-closure of the RENT AGREEMENT with mutually agreed terms.

Now , how to do the GST billing for transfer of the furniture ( by sale).

Example: Basic product cost of the Furniture on rent is Rs. 6,00,000. The principal value of the furniture per month is ( 600000/24 months) = 25,000.
The intrest agreed is 18% per year and total intrest for 2 year is ( 600000x 18% = 108000) Rs.2,16,000 and per month is ( 216000/24months )= rS. 9000 per month.
So total Rent per month is Rs. 25000 ( value of furniture) + 9000 ( intrest component) = Rs. 34,000 per month.

The LESSEE paid RENT for 4 months ( total Rs. 34000 x 4 = 136000). Now the LESSEE wanted to buy the furniture on its cost price.

Total cost price of the furniture Rs. 6,00,000
Less : Principal amount paid for 4 months + 25000 x 4 = 100000
Sale value of the Furniture is Rs. 600000-100000= 500000/=

My query is :


is Eway bill applicable for sale of the furniture ? ( the furniture on RENT was transfered through Eway bill with Delivery Note) and what will be the HSN /SAC code for this transaction.

Respected Expert,

We are doing business of data entry work for Outside India & we shall raise the invoice without GST against LUT & We are quartely basis.

Kindly advise how to file the GSTR 1 / IFF on monthly basis as we have not any business of B2B. we have made all sales outside india & made invoice NO GST against LUT.
OR
We have to file NIL return ?

Kindly advise

Hi Everybody,

I have summary value of 2A from GSTIN portal (Comparison sheet) as well as , month wise 2A document wise data , but after verifying both I cant match them on period wise i.e monthly ( whether filling month nor 2A month.)

please suggest me possible way to do the needful.
( for ex: as per summary I have Net FCM ITC of 2,00,000/-, but as per available 2A monthly data 3,35,000/-)