Sir,
We had taken ineligile ITC on (GSTR-3B Return) August-2022 Invoice (i.e . Insurance Bill on Vehicles) Actually our business is Ready mix concrete manufacturing business. How to reverse this month(September-2022)in GSTR-3B Return. Pls reply me.

Thanking You,
G. Sasidhar Kumar,
Hyderabad
mail id : gsashidharkumar28@gmail.com

Ocean Freight CIF Imports - RCM applicable or not?

Agreement entered in the year November 2017 (at that time products (95% Value) GST 5% and Service(value 5%) GST 18% subsequently as per Notification No.24/2018 dated 31-12-2018 the taxes calculation has been considered 70:30 Product and Service portion Further Rate of GST of products increased to 12% but supplier has supplied all products on before rate change 30-09-2021, Now the situation is what rate of tax considered for works contract whether it should be as per latest rate applicable or as per agreement rates? Kindly clarify thanks in advance

an old bulding was bought by real estate builder company and resold it at a gain. is there gst on it? builder has kept in fixed asset bal sheet (its not his stock in trade)
my view-->no, as building has no gst.

even if builder considers building as stock in trade, still no gst as bilding has no gst rate.

note --> we not talking of any service of building , its just buy and sell of entire building.

Dear sir ,mam

I have Clamed Excess ITC fy-2021-22 can make payment in GSTR-9 or any other payment in next month or DRC-03 payment

please suggest me

Thanks in Advance

Dear Experts
My client is under composition dealer with business is DAIRY. He sell milk, lassi, curd, and some Namkeen also.
Now, my question is which turnover consider for CMP-08, i.e. all or only Namkeen ? Please help me.

Hi,

We have received a Notice from GST department for excess ITC claimed in FY 2017-18,
Please help us how to close the notice
also share letter format if available

Thanks everyone in advance

Regards

GSTIN-No is not cancel in portal But the the no is shown cancel is GST Department
office. How much time it take to Reflect in GST Portal

Our organisation is working with Bank and NBFC collecting EMI. Our invoices are RCM. Turnover for last year exceeds 10 cr.
Is it mandatory for us to raise einvoice from
01.10.2022. If answer is yes then how should we raise invoice because some Banks raise self invoice.
Please guide me

DEAR SIR,

IS COMPULSORY FILE GST ANNUAL RETURN IRRESPECTIVE OF TOTAL TURNOVER REGISTERED UNDER GST ACT OR TAX PAYERS WHOSE TOTAL TURNOVER LESS THAN 2.00 CRORE PREVIOUS YEAR ARE EXEMPT FROM TO FILE ANNUAL RETURN.

PLEASE CLARIFY ME SIR, WAITING FOR YOUR MOST VALUABLE REPLIES

REGARDS

THANK YOU