Dear Members,

I have bought a commercial shop in 2019 with a builder project in Gurgaon. The builder was charging 12% GST on every installments. I came to know that Customer shall be entitled to get ITC benefit and lot of judgments have been passed by NAA for anti-profiteering. Now when I encountered the same to builder, they are saying that I'm not entitled to get any benefit as they are paying 12% to Govt. This is the same builder against whom Order was Passed in Dec,2020 for anti-profiteering for a different project in Gurgaon.

Pls guide how should I proceed further?
what documents I should ask them?

Thanks

Hi Experts,

The dealer has forgot to claim the Trans-1 credit during the year 2017-18 but the same credit has been claimed in the year 2018-19. Is this claim is within the law ?

Thanks in Advance.

Hii Expert,

We have applied Refund on account of Supplies to SEZ unit/ SEZ Developer (with payment of tax) for the period of March 2020, first time department rejected with the reason of incomplete documents & issued memo & suggest file new refund application with proper documents. We have filed new application by 10/06/2021 & now department rejected application of refund with the reason "FROM 01.02.2019 GST REFUND ON ACCOUNT OF SUPPLYTO SEZ WITH PAYMENT OF TAX IS NOT ALLOWED AS PERTHE CENTRAL GOODS AND SERVICES TAX (AMENDMENT)ACT, 2018, DT. 29/08/2018" & issued show cause notice.

Is there any such amendment in sec. 54 of CGST act 2017 ??? We can not avail refund on account of supply to sez with payment of tax. ???

Pls clarify the same.

Thanks in advance.

A gst registered dealer sales of goods to urd one customer rs:30,000/- .dealer another sales transaction same day same customer rs:40,000/-
Question:
Dealer rs:50,000/- above value ewaybill generated mandatory.

If we issue diesel to sub-contractors, the amount of which will be recovered from vendor including GST against bills submitted by him. Below are the questions:
1) Can I raise debit note for the same to vendor
2) Would GST be applicable on that debit note? If yes, at what percentage
3) Can vendor claim ITC on the basis of debit note?
4) Is GST mandatory on issue of diesel, can I issue diesel without charging GST?

Sir,
I want to state that my client has sold goods without invoice and goods was intercepted during transit. A.O. imposed penalty as 100 % of due tax and 100 % equal to tax as penalty under sec 129(3).
Now, i want to know, whether i can issue taxable sales invoice after releasing goods from officer and pass on credit to the buyer or not?
Whether buyer is eligible to take ITC of such goods?

If i can not issue taxable sales invoice, then what accounting entry we can pass for such type of sale?

Hi All

What is the due date of GSTR-3B for May 2021 without interest and late fees?

Thanks in advance

Greetings Fellow Professionals,

Can someone share a sample proposal for providing GST review services i.e. a post dated review of GST matters and compliances done by client in previous years?

Thanks

A real estate company opted new scheme which released by department as on 01.04.2019 which is 1% and 5% without ITC. A s on 01.04.2019 there is a balance of rs 7 lakhs in credit ledger and this balance is stil remain in credit ledger. The company neither take any input tax in GSTR-3B nor paid any Liability through credit ledger balance till the period of JAN 2020. But in the period FEB 2020 & March 2020 the GST liability paid in GSTR -3B by the credit ledger.

So the question is '' can we use ITC which is in credit ledger from 01.04.2019 to released gst liability for the current periods ''
Q 2 : Should we reverse ITC which stays in credit ledger''

PLEASE ADVISE ME

Dear Sir,

Please give Suggestion for ITC on water purifier for employees.

As per my understanding ITC not specifically blocked in Section 17(5).

ITC available or not?