At the time of payment of jan i have paid rs5 lakh after calculation. But now in the month of march when more input entered then as per computation of jan-mar no tax is to be paid...what to do of this Rs.5 lakh which was paid earlier whether to claim refund?

Dear All,
in regular course the Gst returns due date is Gstr1 10th & 3B is 20th. I think the Govt should extend the due dates of Gst returns for March as its the last month of the year and there are so many things to be checked like purchases & Sales, DN/CN for entire year which requires a lot of time. Also if there is any error or missed invoices u dont even have facility to revise d same. Just as TDS payment & return date of march is extended for the convenience of Tax payers gst due dates has to be extended.

Respected Sir ,
Purchase Entry show in ALL TABLES (Supplier Wise Details ) of GSTR2B, But ITC in Summery Show 0, summery is not GENERATED, Supplier File his GSTR 1 on 08/04/2022 ,
Can i take Mannual ITC In GSTR3B
ITC amount is 80,000

Sir,

One of my friend has got GST regn. in the 4th Quarter of FY 21 - 22 under composition scheme.
He has sold only seeds ( black gram and Gingelly ) to the farmers for sowing purpose.
Should he pay 1% GST on the said sales, since he is under Composition scheme ?

Pls. advice.

whether GST Input can be claimed on Fixed assets insurance for Motor car and Building ( Factory or official)

Sir, can we adjust the un claimed ITC against the under declared liability, since the client fails to claim ITC of the year as well as not declared liability to the extent of said ITC i.e. the entries separately accounted due to some personal reasons and forgot disclose the same at the time of filing of GSTR3Bs

Dear Sir,

We are a manufacturing Company and we are filling our Monthly GSTR-1 & 3B regularly. We take only that Amount of ITC which is shown in GSTR-2B (monthly).
We are currently facing 4 situations, before filling GSTR-3B of March 2022, kindly assist me in that situations.
1) We have purchased some Iron Bars (Sariya) & Cement for Construction in our Company. ITC against such Bills were shown in GSTR-2B but we have not taken that ITC (Against Construction of Building) as that was ineligible ITC. Whether we are right in our approach & whether it is mandatory ti show ineligible ITC in GSTR-3B or not.

2) Before Filling of GSTR-3B of March 2022, we have Compiled GSTR-2B (Quarterly) with our books and we found that some Bills of F.Y. 2020-21 available for ITC in GSTR-2B in F.Y. 2021-22 but In F.Y. 2020-21 we have taken ITC in GSTR-3B as per GSTR-2A & we have already filled Annual Return of F.Y. 2020-21 in which ITC against such Bills were not claimed. Can we take ITC against such Bills now.

3) In F.Y. 2021-22, We have some Purchase Bills which are not found in GSTR-2B in F.Y. 2021-22 but Vendor is saying that they will show there Bills in F.Y. 2022-23, my question is when to take ITC of such Bills i.e., in March 2022 or April 2022 GSTR-3B and if ITC against that Bills were taken in April then, how to deal with Accounting of such Input GST.

4) At the time of Preparing Financial Statement we have to Tally our Credit Ledger and Whether Remaining balance of Input is to be added back to purchases or treat it as expenses. Please Clarify.

I am seller selling my products on ecommerce sites like flipkart, amazond, meesho recently.

I understand that TCS of 1 percent will be deducted from payment, buy the ecommerce site is also deducting the GST on the basic amount of the product from me. In that case am i Liable to pay the gst and what sort of entry would i show in my tally as the gst for the product has not been collected by me.

Sir, few invoices left to add in GSTR1 march 2022 under QRMP scheme now HOW and WHEN add these invoice for March 2022 supply
GSTR 3B not filled yet so should we pay gst for LEFT invoices MARCH 2022 also in this 3B?
regards

Dear sir/Madam
We have purchased coal from interstate registerd person through rail . Now we have to transfer the coal from railway yard to our godwn situted within 3 Km from railway yard by trucks.
Our queries are :-1. We will have to isuue or not any delivery challan for transportation the coal from railway yard to Godwn.
2. Eway will is required or not. if yes than what is type of supply outward or inward to be select in eway bill and what will be sub supply
3. both supplier and receiptent are same
4. what will be transaction type

thanks