In fixed sum method of payment for first two months of a quarter, pre filled chalan will show tax payment as 35 % of previous quarter for each month. If it turns out to be less than actual tax to be paid, there will be no interest charged when we pay balance tax and file gstr3b return for the quarter.
In SAM, do we have to pay 35 % of self assessment of tax with ITC considered or we have to pay 100 % of self assessed tax. I am not clear.
Assuming that here also I pay 35% of self assessed tax for first two months of a quarter, suppose, in third month if it turns out that actual tax liability for first two months of this quarter is more, will I be charged interest for first two months, though I pay balance tax in third month and file timely quareterly return.
Also, this QRMP scheme, it will start for Jan 2021 to March 2021 quarter, so for January and February, I will have to pay 35 % tax each paid in October to December 2020 quarter. Is understanding correct.
Also all output details like inter state supply (table 3.1) can be given for 3 months put together in April while filing GSTR3B quarterly return - is my understanding correct.
Please guide for each point.

One of my client's GSTIN was cancelled by Govt. during Dec.2019 due to non-filing of GSTR. Now, GSTRs have been filed upto Dec.2019. No option to File thereafter. I have filed application for revocation of GSTIN cancellation order, which has been showing as "Under Process". Please advise me if I have to contact local GST office personally to get the cancellation order revoked or wait till GST portal revoke the said order ?

Sir I am a Restaurant Business Owners food services can i take itc on rent paid towards the building where the business situated.Now i am not taking ITC and simply charging @5% towards my sales bills without taking itc on purchased items, now quation is can i take itc rent paid to my house owner
and can i deduct tds towards rent paid.

A commercial property in the name of Mr.A (unregistered) is rented to a Registered Firm M/s B and Monthly Maintenance charges is paid by a Registered firm directly to builder.
Then legally to whom Builder should raise Monthly Maintenance charges to Mr. A owner of the property or to Registered firm who is taken space on rent?

Dear Expert,

Kindly guide us how to generate the QR code for B2C supply as our ERP is generating only IRN embeded QR code for B2B supply.
But ERP is not able to generate QR code for B2C supply . ERP software developer state that first you do the QR code through offline mode , then we will implement in ERP.
Kindly guide us.
Thanks & Regards,
Prem Chandra Thakur

Hello Every One

Here I came with a new Query, A ltd Purchased goods worth of Rs.100000 from B Ltd. out of which it consumed Goods worth Rs.25000. Now A Ltd wants to return the Goods worth Rs.75000/- to B Ltd as a Purchase return by Raising Debit Note and Eway Bill against the Debit Note. Does the debit note is valid for the movement of Goods. If not valid what is document needs to be used for Returns?

Please answer my query Please?

Respected DA,

I had received an advance for inter-state services in Fy 2019-20 in the March 2020 and according to GST rules we had paid the IGST on Advance so received and file the GST returns 3B & 1accordingly.
Now till that time, the service of Job Work is not provided by us due to some reasons and for this my Query is : -
1. Is there have any time period restriction to adjust the said advance IGST paid in the Fy 2019-20 or we can adjust the same in any subsequent year.
2. We can adjust the said advance IGST against any other inter-state company in the same state or note?

Kindly reply for the said 2 query's of mine.
Thanks
JSINGH

Seetharaman Sir,
In Fixed Sum method, will it consider itc for calculation or only 35% of previous quarter for first and second month.
In self Assessment method, I have to pay actual calculated tax or 35% of self assessed tax, with ITC considered for first and second method.
Is FSM method more beneficial or SAM method?
Will appreciate your guidance.

courier charges included in sales invoice and gst charged on both then how to pass entry in tally

Dear sir/madam,

we are the Fabric manufacturing company. we have given Chemical to our party on loan basis. in return of such loan instead of receiving Chemical party is asking us to issue sale invoice against the same. can we able to issue sale invoice of chemical, is it fair transaction. or is there any other way of booking this transaction

Do let me know ASAP.

regards,
Gaurav Patil