Dear All,

Mr. A purchases goods from Mr. B and also sale goods to Mr. B

Mr. A pay to Mr. B after adjusting sale amount against purchase consideration.

Can Mr. A take Input tax credit of purchase made from Mr. B. (i.e. without actual payment of full consideration) in such case?

Do Mr. A has to maintain and settle purchase account separately from sale account to claim input tax credit?

Thanks & Regards
Nirmal Dave

If a Composite Registered Saw Mill purchase Timber from Unregistered Person or URD Dealer. Is RCM tax @18% will have to pay Saw mill dealer?

Under the Factories Act, the provision of a canteen facility for employees is not mandatory. That's why we do not collect input on the catering bill. However, we do purchase sugar and tea powder to provide tea for employees. In the case of quarters, we cook food and provide it to the employees staying there. In this last scenario, we can claim Input Tax Credit (ITC).Is we can claimITC or Not ?

If the sample sale to a customer outside India is less than 5 kg, what are the compliance requirements regarding FEMA and GST? If come under the angle of 194R (TDS)

We have multiple branches all over India under same pan. We imported material at JNPT port in Maharashtra & same is dispatch to our another branch in Rajasthan, Gujrat, Haryana.
For above import we engage one insurance surveyor.
Insurance surveyor raise his invoice on maharashtra location.
Input on insurance surveyor invoice is require to distribute among distinct person through ISD.
Please advoice.

Dear Sir,

We have done some repair and mainteance work ( labour charges) invoice value Rs. 233100/- in swrvices labour case eway bill prepare or note

Kindly suggest

GST authorities issued a notice regarding an e-way bill that was generated twice by mistake. However, we were unaware of this issue, which occurred three years ago. What should we do now?

sir, I have filed GSTR1 with 40 lakhs tax liability for March 2025. i have sufficient balance in electronic cash and credit ledger but while filing GST 3B sales was not auto populated without noticing it filed return with late fee alone. Now taxable value shows RS.0 in 3B amount present in ledger itself now what can i do...How i rectify GSTR 1 vs 3B error

Good morning sir,

one client claimed ineligible ITC in FY 2021-22 & 2022-23, is it to be paid through DRC03 or to reverse in current financial year, since in current financial year there is no ITC, hence showing (-) negative figures in monthly GSTR3B return if we reverse it . . .

please guide me

Respected Experts

Kindly let me know the implication for not filling of ITC 04 as we do not know for the same.

If now I start to file the same for last 3 to 4 year than any panelty is there ?

Kindly advise