Sir,

I Have issued a customer sales invoice one year before and now due to some customer complaint I want to take return of the said material. Then I want to know can I issue a credit note without tax for the said return. Or I will issue a Credit note with Tax. Please Clarify....

Respected Sir/Madam
We purchase sand from the register/unregister dealer and then sell it to the registered dealer @5% GST with transportation (free of cost), it is our main business.
In some cases, we had also provided only transportation service from where we collected GST @12% (forward charges)
In this scenario can we claim ITC on the truck purchased for the supply of sand?

One Individual is doing engaged in the business of retail trading and he is also LIC Agent. During FY 2020-21 his Total turnover from retail business is rs 1950000 and Commission Income from LIC is Rs 132500 whether he has to get gst registeration ??

Sir what is the main difference between sec.25(4) and 25(5) of CGST ACT i.e distinct person and distinct establishment

Sir, We have received advances against flat booking and filed return in gst portal for the same, paid gst and issued invoices and adjusted advances also at the time of return filing but cant see the details of all these in gst portal. Can someone please guide as to how to check the details from portal?

I am a manufacture of biscuits. during the FY 2018-19 I sold biscuits and paid GST as per the applicable rates. and also I sold some Maida which is exempt. now do I need to reverse ITC on other purchases like Wrapper, Sugar, Vanaspathi, etc., in accordance with Rule 42? because while purchasing maida I didn't receive ITC, because it is exempt.

Sir
ours is a private limited co. Purchased second hand car on 30.06.2020 for Rs.34,26,000/-and availed depreciation @15%.Input Tax Not claimed as the car is used by our director.In this month we sold the vehicle to an unregistered person(B2C sale) for Rs.32,58,500/-
Vehicle value in our Books as under:
Vehilcle purchase value Rs.3426000/
Less: dep @15% 513900

Please inform me the gst applicable rate on which amount

I have a partnership firm. I have also got the GST registration for it few months ago. Now due to some reasons I want to change the name of my firm. Now, should I apply for new PAN number or can I just apply for the correction in PAN number. Also, my firm is not registered with the registrar.

DEAR SIR,


ONE OF MY CLIENT HAVING GST NO AS A TRADERS. NOW HE WANTS START NEW ELECTRICT TWO WHEELER SHOW ROOM IN THE SAME CITY. NOW QUERY IS

1. SINGLE PERSON CAN APPLY TWO GST NO IN THE SAME CITY.
2. FOR INTIAL CAPITAL AMOUNT RS.1000000/- CAN BE PAID BY HIS TRADERS CURRENT/O/D/SB ACCOUNT
OR IF BETTER TO TAKE NEW REGISTRATION AND OPEN NEW CURRENT ACCOUNT AFTER THAT CAN INVEST THE CAPITAL.
3. FOR ELECTRIC SCOOTER GST RATE IS REDUCED FROM 12% TO 5% IS CORRECT

PLEASE CLARIFY ME YOU SUGGESTIONS ARE MORE VALUABLE

REGARDS

Respected Experts,

We have purchased new lorry for Rs. 26.88 Lacs for transporting goods in Nov-2018 and taken & utilsed GST around 5.88 Lacs.

Now, we want to sale this lorry as per condition for Rs. 7.50 Lacs + 2.10 Lacs GST. Can we do this or we have to reversed whole claimed GST?

Also, is there any exemption for sale of old Lorry? Is 2.5% exemption per quarter is available for this, if no, for there we can use 2.5% per quarter exemption.

Kindly advise.

Rakesh Sharma