I bought a car in my company's name in July 11/2022. Availed GST.
Unfortunately, the car was totally damaged when it met with an accident in December 2022.
I claimed insurance and Reliance Insurance settled me fully in March 2022.
My auditor says I made a profit of RS 4,51, 432,55 ad asks me to pay GST.
I do not consider this as profit. Like to know whether I have to record.
Need your direction asap.

Hello sir/ma'am,
in case of a person dealing in sale of used vehicles and not claiming ITC, he will pay GST on diffrential amount between sale and purchase value. but he don't show GST on invoice, is my understanding correct?
I have seen that CARS24 do not charge GST on their invoice.

Respected sir

As i mentioned in subject during financial year 2018-19 while filling GSTR-3B return for Aug month we have mistakenly/clerical error entered input on import of goods in ''All other ITC" column irrespective of the correct column specified for Input on import of goods, and is not rectified in future returns, can any one suggest me the case laws any high-court with proper no and order date where input is allowed in these type of scenario.

Hi Every one

Good day.

My query is , Is it necessary to show intra-state stock transfer(within the state) in GSTR 1?

The company is operating with same GST number and multiple location in the same state.

Please confirm.

Thanks in advance Guys.

Is Table No. 18 is mandatory in GSTR9?
If yes, is there any Turnover limit for table 18 of GSTR9 as same as Table 17 of GSTR9?
And in "help" tab of Table 18 of GSTR9 in GST Website it is showing Optional. Why?

Respected all
One of my client is engaged in restaurant services – the annual turn over is less than Rs.75 Lakhs. Are we eligible to opt for composition scheme? Please advice
R S Sai Kumar

Please clarify,
1- I bought a good for Rs. 500 + GST (18% Rs.90) = 590
and I sold that good for Rs. 490 + GST (18% Rs. 88.2)= 578.2 (at discount)
here, the ITC of (Rs. 90- Rs. 88.2) Rs. 1.8 is being accumulated,
will this amount be refunded at any time...
2- Am i eligible to claim whole Rs. 90 ITC.
Question relates to discount circular no. 92 and 105 of 2019.
Thanks in advance

Can I claim ITC if my GST No. Was cancelled and due return for 2019-20 filled after September 2020.
Pls give reference of any court case

WHETHER GST IS APPLICABLE OR NOT ON CONSULTENCY advice for the Securities Market

We had sold goods to party by e-way bill but party is not accepting goods.are we required to file gstr1.How will we take return goods? Please clarify in details?