An India Company provides professional services to USA based co. in USD, the POS is in India (Remotely) no physical Establishment in India of the recipient.
how should it be transacted-
1) Export of Services under LUT without payment of taxes - in the absence of registered establishment of recipient in India.
or
2) Export of Services - under IGST in USD.

An India Company provides professional services to USA based co. in USD, the POS is in India (Remotely) no physical Establishment in India of the recipient.

how should it be transacted-
1) Export of Services under LUT without payment of taxes - in the absence of registered establishment of recipient in India.
or
2) Export of Services - under IGST in USD.

Respected Experts,

An Information Technology Service Providers are having CGST & SGST input credit in March 2022 the total of which is about Rs.70,000/-. As they were not not having outward supplies the input was lying without claiming. Also they didn't know that the due date to claim is 30th November of the subsequent year. The said Input got reflected in GSTR-2B of April 2022. Now they are having outward services. Can they claim the pending Input in their current year dues. As the Input reflection was in April 2022 GSTR-2B, can they take it granted as the time limit for claim is 30.11.2023. Thanks

Respected Experts,
We have paid Custom Duty on 24th May-23 against BOE dtd. 23rd May-23, but material received in 5th June-23. Can we claim ITC of IGST part in May-23 or we have to claim the same in June-23 as the material received in June-2023.

Kindly suggest & how to deal with this issue.

Qualified in Nov 2009 presently associated with a Trading organisation having pkg 750000 surprisingly. My profile is: Handling GST of the organisation which includes GSTR1,3B,9 and 9C filing total 136 returns in a year. Computation and Payment of Advance Tax. Coordinate with Internal and Statutory Auditors with solving queries to finalize the balance sheet. Year end closing. Preparation of 3CD data. Now i want to change my job. How much to ask for as per my current profile experience and how to change as everyone asks why you want to change after long time why your pkg is so low? Please help

Suppose a GTA registered on GST on Feb 2023. He wanted to opt 12% gst rate under forward charge and take itc. For the month of feb he has no sales invoice and hence for feb 23 he filled nil return. For march and apr he has some b2b invoice, hence he filled return. He charged gst 12% on invoices and accordingly filled gst return and take itc in his gst returns. Later before filling of gst return of the month may 23, he comes to know that he had to file declaration to opt under forward charge in Annexure III in gst portal but he could not to do so.
My question is that what can be do now for opting 12% gst rate under forward charge even after option to choose forward payment by GTA has been expired. Weather any relaxation available and if not then what will happen to those invoices in which GTA had charged 12% gst rate under forward charge and accordingly GST return filled by taking ITC.

Can we claim Input tax Credit on Differential Premium AND STANDARD TRANSFER FEES FOR MIDC plot transfers to third party under GST.

Please advise me

Dear Sir,

I have to prepare Export Invoice regarding Commission service. I have doubts as per below.

1. GST applicable or not in case of Service invoice ?
2. Do we have to proceed Invoice with CHA, like Shipping Bill, Bl & etc. documents also need to proceed for Service invoice same as Goods Exporting ?

Please guide what is the correct way to prepare.

Hi,

We are buying goods from a firm and selling goods to same firm often.

So, do we need to do each and every payment from one firm to another bill by bill.

Or we can settle in this payment against all sale and purchase.

By above line i mean to say,
Let us say on 15th of every month we check which firm is having credit balance on another and transfer that amount.

Will it have impact on ITC/GST or income tax. ??

WHEN WE WANT TO GENERATE E-INVOICE, E-INVOICE HAVING 18 % AND 28% IN SAME E- INVOICE. ERROR IS SHOWING AND WE ARE NOT ABLE TO GENERATE E-INVOICE WHAT ARE THE REMEDEIES ?