I am GST registered having shop in Andhra, i buy goods from telangana .

During 18-19 i forgot to reverse credit notes received from my telangana supplier in my GSTR-3B so i need to reverse it now via DRC-03

while reversing IGST what is the place of supply to be selected in DRC-03

Andhra or Telangana

Basically I am a broker and commission agent for sale purchase of agro products. Whether income by way of commission and brokerage in such case will attract GST Liability/GST Refund. Further I would like to know the slab/limit of receipts of commission.

Hi,
In Rule 42 of GST
D2=The amount of credit attributable to non-business purposes if common inputs and input services are used partly for business and partly for non-business purposes and shall be equal to 5% of C2 and calculated as D2=C2×5%

In our case we don't have any non business purpose activities. So i need to calculated the 5% of C2 or the 5% reversal not applicable to me

Please clarify

should I issue Tax invoice on Registered Dealer in another state, for rendering of Transport service as GTA.

Can we claim refund of RCM paid on Inward supplies on accrual basis but due to some reasons no Inward supplies has actually been received?

What will be the HSN Code for unstiched dress material (Women) ?

sir,
Assess running a private hospital included medical stores. if a medical stores sales transcations two types 1. sales to inpaitents 2. sales to out patients.
Question:
Assess sales of medicines turnover(outward supplies) output claimed on inpatients sales or outpatients sales or both services sales applicable ratio formula in gst act.

Hi All
One of my clients has imported material from Air way. Customer who has ordered the good, has agreed for reimbursement of these air freight charges. Now we have to raise seperate invoices one for materials and other for air freight charges. whether GST is chargeable on air freight charges. what will the rate for for the freight charges?

Thanks in advance.

Dear Experts.!

I was modifying details in Principal Place of Business in core fields but I received a validation error that is : Details of Birth of promoter does not match with PAN.

Then I corrected the DOB of promoter in Non Core fields as per PAN, which is successfully amended.
But in core fields in the details of promoter incorrect DOB is reflecting and there is no option of editing.

Plz suggest how to do correction in DOB of promoter in core field so that address modification can be done.

Dear Sir/Madam

We are Gst registered Sole proprietorship concern providing security services to our clients through third party security agency. Security agency being non body corporate raise Rcm invoice on us and we raise Rcm invoice on our client being Gst registered person located in taxable territory.

As per Sec 17(2) read with Sec17(3) ,among other things, input tax credit is not allowed if the outward supply is chargeable under reverse charge. Due to this we are loosing input tax credit paid under rcm even in case of trading of service which should not be the motive of the Gst law.

IMPACT OF CASH FLOWS DUE TO INPUT TAX CREDIT BLOCKED UNDER SEC 17 (2) & 17(3) OF THE CGST ACT,2017 IN RCM CASES
DOCUMENT TYPE PARTICULARS RCM CASE (Rs) FWD CASE (Rs)

SECURITY SERVICE BILL TAXABLE VALUE PAID (100,000.00) (100,000.00)
GST ON RCM BASIS PAID BY
ME TO GOVT (18,000.00)
GST AS PER BILL PAID TO VENDOR (18,000.00)

SECURITY INVOICE
WITH MARGIN 50,000 TAXABLE VALUE 150,000.00 150,000.00
GST PAYABLE BY CLIENT -
GST AS PER INVOICE 27,000.00
NET GST PAYMENT TO GOVT
UNDER FWD CHARGE (27000-18000) (9,000.00)

NET CASH FLOW 32,000.00 50,000.00
DIFFERENCE IN CASH FLOWS (50,000-32,000) 18,000.00

COMMENT: THIS IS DUE TO NON AVAILABILITY OF INPUT TAXCREDIT PAID UNDER RCM WHEN THE OUTWARD SUPPLY IS NOT TAXABLE AS PE SEC 17(2) &17(3) OF THE CGST ACT,2017.THIS IS SERIOUS CONCERN AS INPUT TAX CREDIT IS GETTING BLOCKED EVEN IN CASE OF TRADING OF SERVICE.