Client is a ultratech cement dealer. After the sales have been done by the dealer. The company revises sale price (gives discount) to my client (the dealer). As such company issues credit note. Client has properly reversed ITC in GSTR-3B. But did not issue debit note. This has been happening for almost 2-3 years.

What are the consequences and what is the procedure to rectify the same
Is issuance of debit note mandatory. Which form to use and how to file and rectify the same

Thanks in Advance

What is the 6 digit SAC code of the following :
Printing of books / Journal etc. on job work basis for which 4 digit SAC is 9988 and rate is 5% .

I found a SAC code as 998832 under the head 9988 but the GST rate of the same is 18%

Please suggest and thanks .....

Respected Sir,
As regarding above subject , My query is that one of our buyer has issued a debit note of freight charges on export shunt on us with nit gst, is it valid or not or he has to charge gst on freight charges on export shunting.Please reply

I am Kumar from Vellore,Tamilnadu and I am a registered GST dealer and doing a business of FMCG Distribution in my town.
For the distribution of goods to the market place (Retail Outlets), I use to hire truck from a local goods carrier operator and pay him on a daily basis, depending upon the load factor and distance factor.

The Local carrier operator is not a GTA (who is not issuing Goods Consignment Note) and not GST registered operator. He simply provide the truck and make the transport of goods.

Even Loading and Unloading of goods also not part of the transport operator, I am paying directly to the local coolies.

He only provide the Invoice for the payment of transportation.

My daily payment to the transport operator is around Rs.5000 and the total annual payment will be Rs.14 to 15 Lakhs approximately.

Since, the transport operator, not coming under the ambit of GTA (upto my knowledge on GST Act) , RCM is not applicable, and the services by the local transport operator is exempted from GST.

So, As of now, I am not doing any Reverse Charge Mechanism (RCM) entry in my GSTR 1 and GSTR 3B returns for the transportation expenses which I have incurred.

I kindly requesting you to advise me on the transportation expenses, which I am incurring will come under GTA or Non GTA and moreover, the RCM is applicable or not applicable on the same.

Since, the Financial year 2020-21 is ended and going to file the March 2021 GST return in this week, I kindly requesting you to clarify my humble request at the earliest. Which may even helpfull to many of my collegue distributors in the distribution industry.

With regards,
Kumar,

A GST registered Taxpayer is having multiple GSTIN in different states.

Aggregate Turnover PAN basis:
FY 2017-18 - 60 Cr
FY 2018-19 - 62 Cr
FY 2019-20 - 72 Cr

One of the GSTIN whose turnover is Rs. 50 crore in each FY is a GTA. The GTA is providing both road and rail transport.

Query:
1. Whether e-invoicing will be applicable?
2. Whether we will look into average turnover from FY 2017-18 to 19-20 or if turnover over exceeds Rs. 50 crore in any of the FY from 17-18 to 19-20 will also make e-invoicing applicable?
3. Whether the turnover of GTA will be inlcluded while checking the applicability for all the GSTIN?

Dear All members,
One of my client has not filed the GST returns from July 2020 onwards. During February, I noticed that in the profile under GSTN Status – it was mentioned as “Cancelled Suo Moto. I told the client and the data was received up to January 2021.
I have uploaded the returns up to Dec 2020. In the dash board, under returns 2020-21, only up to December 20 is being displayed. Hence, I could not file the January return. Please let me know the procedure and action to be taken.

Waiting for reply
R S Sai Kumar

Late fee waiver of GSTR1 is applicable for Mar 2021

Dear Experts,
We does sale, shop to shop in market. For which we load the goods in vehicle and take the same to the market. We take the instant order & delivered the goods at the same time. Regarding this we are facing some issues as under.....

(A) how to generate eway bill, whereas recipient is unknown, will it be generate under line sale or recipient is unknown.

(B) let say we have made the eway bill of Quantity 100 PCS wherein 800 pcs has been sold and rest 200 is unsold, what will be procedure to return of such goods in eway bill and delivery challan made thereof.

(C) in such scenario can we issue the delivery challan to shop keeper instantly and later tax invoice thereof computerized

Pls clarify the above issues.......

Thanks & Regards
ASAP

Sir / Mam-
I am a steel trader. Manufacturer charges the freight also in his invoice and collects gst @ 18% on freight. But, He pays the freight to GTA (GST Exempted) and he pays gst @ 5% under RCM on freight paid and availed that inputs also.

Here, He saves GST @ 13% on freight and @5 % on RCM credit and utilizes towards his sales.
So, He enjoys the entire GST @18 % on freight collected from me While I suffer the gst.

Why this deviation and why the act safe the manufacturer?

To avoid this GST loss, It is better that I pay inward freight and GST @ 5% on RCM then avail the credit.

Is it correct sir ?
Plz convey your opinion
thanks in adv

DEAR SIR,

WHILE FILING MONTHLY 3B RERTURNS SOME SALES BILLS WERE MISSING ALL EXEMPTED SALES. DIFFERENCES IS RS. 186000/- BETWEEN BOOKS OF ACCOUNTS AND ACCORDING TO GSTR 3B RETURNS FILED. MY QUERY WE CAN AMEND MEANS ADD THE MISSING SALES EXEMPTED FIGURE IN THE TABLE OF ANNUAL RETURN TABLE NO.5 (D) EXEMPTED COLUMN. BECAUSE THE TURNOVER DECLARED IN IT RETURNS DIFFERENCES IS SHOWING ABOVE MENTIONED AMOUNT. NOW WE CAN AMEND OR ADD THE DIFFERENCE FIGURE IN WHILE FILING ANNUAL RETURN GSTR-9 TO CORRECT THE DIFFERENCE AMOUNT.

PLEASE CLARIFY ME

REGARDS NEED FOR HELP IMMEDIATELY