1. How to correct amount in GST Invoice after 24 hours of generating e-invoice?

2. If i amend in gstr1 there would be mismatch in between amended invoice and generated e-invoice ?

3. What will be the case if the bill has taken both e-invoice and e-way bill?

Sir/mam,

I want to reverse GST ITC on Expenses FY 2021-22, I want to reverse in which return GSTR9 FY 21-22 or GSTR3B October month 22 filing in November , Our turnover is below 5 Crores.

Please advise me which return GSTR9 Or GSTR3B to reverse ITC

Thanking you,

Sir ,

Please guide

Can we take input tax credit for borewell work done at factory plant ??

Dear Expert's

One of my client raised a invoice and sent to the customer in the invoice due to some correction (rate difference) so the invoice has been cancelled and New invoice has been raised in the same date.

But, the customer has inward the material and make GRN with the old (cancelled Invoice) they also make the payment for the old invoice.

Therefore, now we can't cancel the New invoice because of 24 hours crossed and can't able to activate the cancelled Invoice.

1. Can we activate the cancelled Invoice?

2. How to resolve this issue.

Dear Expert's please help

In CGST Act, 2017 penalty u/s 73 is 10% of tax or 10000 whichever is higher. As per section 20 of IGST Act, all demands and recovery provision are same as given in CGST act. So what would be the penalty amount for interstate matter 10000 as given in CGST act or we should double which makes it 20000?

To manufacture of components we need to develop tool as per the overseas customer specification. Once the tool is developed and after submission of samples approved by customer to raise invoice on overseas customer for tool development charges but tool movement will not happing.

The tool retained by us for further manufacture of components .

Please provide your valuable views in the GST whether GST is applicable on tool development charges on overseas customer or its teared as zero rated supply or service for the tooling cost recovery for which the tool retained by us for further manufacturing of components.

Dear Sir,

One of my client has paid CESS while purchase of motor vehicle apart from CGST and SGST.

My query is can I claim the input tax credit of Cess amount while calculating my GST liability. There is no CESS liability on outward supply.

Incase ITC cannot be claimed can I get the refund of CESS paid.

Please help me in this matter.

Regards,
Divyesh Jain

Dear Sir

We have purchased Ebike for business purpose. Can we Claim ITC on ebike
Please suggest

Notification No. 78/2020 – Central Tax dated 15th October 2020 introduced new HSN disclosure norms with effect from 01st April 2021 as follows—

Aggregate Turnover in the preceding Financial Year

No of Digits of HSN Code

Below Rs 5 crores 4 (Not required for B2C invoices)

Above Rs 5 crores 6

Taxpayers whose turnover is less than Rs. 1.5 crore are also required to mention HSN code in invoice issued w.e.f. 01.04.2021. However as per proviso of notification No.12/2017–Central Tax] Dated: June 28, 2017 quoting of HSN code is not required in case of B2C invoice.

HSN requirement is applicable on issuance of Tax invoice only. Therefore, in case of composition dealers and sale of exempted goods, there is no requirement of mentioning HSN code as bill of supply is issued in these cases instead of Tax invoice.

1. We have generated Tax Invoice last month
for Renting of Machinery i.e Oct
2022. However our main business is Sale of
Bolt, nuts, belt, and wallet etc. In this case
do we need to generate E-Invoice for 'rent of
Machinery' too.
2. In case of yes, we have already filed
GSTR-1 returns for Month of Oct 2022 in
Before due date only, by adding those 2
invoices related to Rent of machinery by
manually in returs.

what are the options I have in 2nd case, kindly guide me.