FOR ANNUAL RETURN FY 2020-21
QUES 1- TOTAL INPUT CREDIT AVAIL IN COLUM 6A OF GSTR 9 FY 20-21 AMT 100000/- ( FOR FY 20-21 AMT 80000 FY 19-20 AMT 20000)
A - WHICH AMOUNT SHOULD BE IN COLUM 6B - 80,000/- OR 1,00,000/- ?
B - IF 80,000/- WHERE WE SHOW 20,000/- ?
C - IF 100000/- WHERE WE SHOW 20,000/- IN COLUM 8

QUES 2- TOTAL INPUT CREDIT AVAIL IN COLUM 8B AMT 100000/-
RECO OF 1 LAKS-------
CURRENT YEAR ITC 70000/- IN WHICH COLUM SHOWN 6 & 8
PREVIOUS YEAR ITC 20000/- IN WHICH COLUM SHOWN 6 & 8
EXCESS CR TAKEN 10000/- IN WHICH COLUM SHOWN 6 & 8 ( WE HAVE BILL OF PURCHASE BUT PARTY NOT FILE HIS RETURN GSTR 1 )
ITC OF C.YEAR BUT AVAIL NEXT YEAR 10000/- IN WHICH COLUM SHOW

Respected Experts,

Some confusion to take ITC on below conditions :-
1) Custom duty included IGST will be paid on 30-12-2021 and goods will come on 1st or 2nd Jan.
So in which month we have to take ITC. I think it will be Jan as we will receive goods in Jan.

2) Party issued Tax Invoice on 31-12-2021 and material will be recd. on 1st or 2nd Jan.
Since ITC will be reflected in 2B for the m/o Dec-21. But we have to take ITC in Jan

Can department send notice in above situations as we will take excess ITC w.r.t. 2B in both the months. Should we prepare reco. for the above cases.

Kindly advise,

Rakesh Sharma

Pls clarify on foll points
1) We are builders we pay transport charges for removing rabbit/debris.Will it attract GST,if so what is rate & can we take input credit of the same.
2) Suppose Mr X buy Office for investment purpose for letting out for rent.Mr. X purchases the Office in his firms name.Can he take GST Input Credit on GST paid for purchase of Office.It not please give the reason with rule.

Thanks & regards,

As per new GST Notification from 1-1-2022 only ITC which are showing in 2b is available. My question is how to take ITC on materials in Transist. (i.e. materials despatched on 30th and 31st of the will received at our factory on 3rd 4th of the next month. in which month we have to take ITC of these materialas. in current month as per 2b or Next month as per GST rule that to take ITC materials should be received at the Factory. Please advise

Thanks in advance

Sir,

A individual Building Contractor who have GST registration can avail Input Tax Credit???

Hi All

One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.

Whether he has to take GST registration for the same? what other tax compliances he has to do?

Thanks in advance.

My GSTIN was cancelled during Aug.2021 due to non-filing of pending returns. Now the GSTIN has been again validated. Sir, may I claim ITC on purchases bills of September and October in December's GSTR 3B ? Or the ITC earned cancelled months has ben already disallowed ?

An Assessee having Rental Income from Commercial property with GST@18% being charged, the income is being declared under HP Income in his Income Tax Return. He has dismantled his old self occupied residential house and constructed a new in its place. He has received GST Invoices for all expenses incurred on his new residential house and GST credit of same is reflecting in his GST Login.
Can he claim this credit against GST payable on Rent receivable on his Commercial property?
If no, what shall be process of rectification for Credit already claimed in GST returns filed.
It would be helpful if any reference is also shared.
Thanks in Advance

Sirs,

One of my friend is running a Partnership firm. He prefers to change the name of the firm. Can he change both, the Legal name and Trade name through amendment in GST portal ? If yes, what are the documents required ?

If no, can he amend the Trade name alone, without changing the Legal name ? If yes, what are
the documents required ?

Pls. advice.

hello everyone

I made a purchase of worth Rs 1 lac + 18000(gst) in sept month dated 30.09.2021
whose input was not shown in my gstr2A till 15 dec 2021 so as we enquired we got to know that the bill doenot contain gst number hence they are ready to provide bill of dec to us.

but the problem is that we have considered this bill's relevant input of rs 18000 while filing gstr3b OF 2ND QTR(JULY-SEPT)
now since we want to pay our gst liability for nov month.I am confused that shall i take that bill input or not.

THANKS IN ADVANCE