Sunil Patnaik
This Query has 5 replies

This Query has 5 replies

Can I claim fully (One Installment) Input Tax Credit on purchase of Capital Goods where the business is completely involved in supply of taxable goods ?


Suresh S. Tejwani
This Query has 7 replies

This Query has 7 replies

16 February 2023 at 16:56

GST IN CASE OF TRANSPORTATION

MR . A PROVIDES SERVICE FOR SALE OF PETROL & DIESEL AND HAVE ITS OWN TRUCK FOR TRANSPORTATION OF DIESEL & PETROL.

THE COMPANY FROM WHOM MR. A PURCHASES PETROL, USED TRUCK OF MR . A TO PROVIDE SERVICE OF TRANSPORTATION OF PETROL TO THIRD PARTY AND RAISE INVOICE IN THE NAME OF COMPANY AND REIMBURSED SOME MONEY TO MR . A

SINCE MR. A RECIVED MONEY FROM THE COMPANY , IS HE LIABLE FOR PAYMENT OF GST ?
IF YES UNDER RCM OR FCM ?


Umashankara HB
This Query has 3 replies

This Query has 3 replies

16 February 2023 at 16:35

ITC on Construction of Immovable property

What is the intension of government or GST council for blocking ITC on construction expenses on immovable property(Building), where in the case of Plant and machinery the ITC can be claimed?


binu sukumaran
This Query has 4 replies

This Query has 4 replies

15 February 2023 at 20:25

Rent payment to other state

Dear sir,
My friend has rental office on Delhi and it head office on Kerala.
In this case can claim input .Igst or sgst and cgst will come in this case.
Rent amt come around 25,000 per month
Please advise


Venkateshwarlu Pulluri
This Query has 3 replies

This Query has 3 replies

Dear sir/s, Is Freight paid on outward supplies liable to tax, if sent by engaging a goods vehicle directly to recipients


praveen
This Query has 1 replies

This Query has 1 replies

15 February 2023 at 16:19

GST Rate on ECUs & Sensors

Hi Team,

Can anyone clarify the GST rate % on sale of Electronic Control Units (ECUs ) and Remote Sensors with GST act extract..


jobin
This Query has 3 replies

This Query has 3 replies

I would like to get an expert advice from you regarding my doubt about GST computation of a firm providing online tuition services to students, mostly NRI students residing abroad. As parents of these students are working abroad, they transfer tuition fees in Indian Rupees from their NRE A/c. Since the payments are received in Indian Rupees, this cannot be considered as export of services. So I assume that this falls under taxable services liable for GST. My query is whether IGST is applicable and if IGST is applicable how to disclose place of supply in B2C of GSTR1.


Sunil
This Query has 1 replies

This Query has 1 replies

Dear Experts

I have an existing proprietary firm (offering business consulting) which is below threshold limit of 20Lac & hence out of GST purview.

I am planning to start another proprietary firm for a technology-based business which will be in my name.

1) Will GST Act be applicable due to both firms owned by a single person
2) If both firms turnover crosses Rs 20 Lac but individually their business is below Rs 20 Lac, will GST become applicable
3) Is it advisable to open the 2nd firm in some other person's name so as to completely by-pass any possibility of clubbing of firms under GST.

Thank you in advance !


binu sukumaran
This Query has 2 replies

This Query has 2 replies

15 February 2023 at 10:29

Input not update in 3b

sir.
While checking 2b there is an Input during jan23 is showing,but that is not reflected in 3b.
In my past experience it will reflected with 14th every month automatically ,if input during that month.
If not come can I put that figure in 3B.
Please advise


Anil Bhawasinka
This Query has 2 replies

This Query has 2 replies

While filling GSTR 2 OF JULY 17 I FOUND IN GSTR 2À one interstate supplier's invoice no. different from the invoice number in my hand .I filed GSTR 2 as per my purchase invoice. Supplier did not counter confirmed it. I also did not care for it in absence of knowledge of Law. This input did not auto populated in GSTR 9, but I claimed Input as per my books. GST AUDIT claims that it is the case of Excess ITC used. How should I reply to the authorities. I have submitted copy of Invoice,e way bill, GTS builty , copy of GSTR 2A etc in support of my purchase.
PL favour me.






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