Piyush
This Query has 3 replies

This Query has 3 replies

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


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

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.


Sonnal Khandaray
This Query has 2 replies

This Query has 2 replies

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.


Himanshi Aggarwal, CMA
This Query has 2 replies

This Query has 2 replies

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.


madhu
This Query has 2 replies

This Query has 2 replies

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.



ARUN GUPTA
This Query has 3 replies

This Query has 3 replies

We made sales to a GST registered party but mentioned unregistered in E-Way bill. Now is our sales valid. Please clarify?


ks Kala
This Query has 1 replies

This Query has 1 replies

26 June 2021 at 09:48

Unpriced Bid Tax vs Encrypted BOQ

Sir,
May kindly be clarified the following:
Signed NIT Technical Unpriced Format says "Price inclusive of Taxes" That according to Encrypted Price Bid column BOQ Rates without Taxes. Changes incorporated in the BOQ format, if any, leads to invalid.

May kindly be advised invoice submitted for the service rendered for attracts " inclusive of tax OR exclusive tax".
May kindly be advised the tax implication.
Best regards,
snmurthykala@gmail.com


Shan
This Query has 3 replies

This Query has 3 replies

25 June 2021 at 13:23

Revocation of Cancellation GSTIN

Hello Experts,
I have applied for revocation of cancellation on 06th December 2020 with relevant documents.
Registration was cancelled due to non filling of returns.
Till date its showing pending for processing.
What to do now ?

Thanks in advance


Pradeep Kumar
This Query has 3 replies

This Query has 3 replies

If somebody has not filed the NIL GST return from 01-April-2020 to 31-Mar-2021 then what will be Penalty on late filing or late fee could be waived off. Kindly help.


Laxman
This Query has 6 replies

This Query has 6 replies

24 June 2021 at 22:21

IGST REVERSAL DRC03

Mr A registered in andhrapradesh & purchase goods from telangana to sell in Andhra pradesh.

he forgot to reverse ITC for credit notes inrespect of those goods and want to do it now,

while doing it asking for place of supply for IGST reversal. all my goods was purchased from telangana only.

*** SO WHAT IS PLACE OF SUPPLY- TELANGANA OR ANDHRAPRADESH






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