Sir,
A gst registered dealer (1st person) sales of medicines rs:4 lacs tax invoice issued to another gst registered dealer (2nd person) dt:20-09-2021.
After a gst registered dealer (2nd person) sales of medicines rs:4,30,000/- tax invoice issued to 1st person (gst registered dealer) dt:24-09-21.
Question:
Above two transactions bogus invoice issued treatment in gst act .

if 1 individual has 2 completely different businesses where voluntarily GST Registration has been taken for 1 business and total turnover of both businesses is less than 20 lac then is there any compulsion to take registration for another business too ?
because as per me only Total Turnover point is mentioned in law for registration

Whether GST is applicable in the case of building premises rent to government school children

We have wrongly taken the igst input in the month of july 2017 which has been reversed on December 2017 but the full amount has been unutilised during the period. (Sales/ turnover figure has been wrongly entered in the igst input head under 3b)

Gst department has issued notice for the interest payment during the period

Please provide any solution. very high amount has been demanded as interest

Thanks in advance

Whether GST is applicable in the case of building premises let to government school children

We are in business of mining and quarrying. For business we are going to buy an excavator, should we claim ITC of the same? Is ITC on excavator fall under restricted credit that we can not claim and does Excavator fall under "motor vehicle" as per motor vehicle act.

Sir/Mam,

GST9C Annual Return FY 20-21 Audit is mandatory or not, if mandatory how much turnover we have to audit. what is self certification ?

Plz clarify my doubts

Whether it is mandatory to furnish HSN summary of inward and outward supplies in GSTR-9 for FY 20-21? If not please mention relevant notification number along with provision. Is there any categorywise exemption?

Hi All
One of my client has sold the goods and goods got lost in transit in the month of dec -2020. Goods did not reach to the customer.Client has paid GST liability as well.

Now he has filed a claim with insurance company for the loss. What treatment needs to be given in the books for the goods for GST as customer of the client wants reversal of credit which is seen in GSTR-2B?

Whether insurance company will pay the claim with GST or without GST?

Thanks in advance.

Our GST sales is below 5 crores. Do we require to give hsn Code for B toB SALES? PL Clarify?