As a part of sales promotion, our seller is allowing the discount of 5% on the previous month's invoices and they filed the credit note in the GSTR 1 of this month. We have the following doubts in this regard.
1. Whether we have to issue a debit note for the discount received?
2. Whether we have to include the values of Debit Notes in HSN wise summary report in GSTR 1?
3. If we are showing discounts received on the credit side of the Profit and Loss account, then whether we have to pay any GST on the same?
4. In which head in GSTR 3B we have to include the value of the debit notes?

Our Hospital is under a Educational Trust which have a 12AA Exemption from income tax department.
now our question is ?
1. if we make pharmacy under Trust pan no. then we can got examption u/s 12aa on pharmacy profit
2. Can we claim ITC of Medicine bills full or proportionately under Gst Act.
please give your correct and prompt advised.
thanks

hello sir/madam,

i have a clients they want thier interior works to be done like, kitchen, wardrobe, furniture and fall ceiling in thier own house.

at same time i have carpenters friends who can do this job..

my role is i get advance from my clients,buy materials,and hire carpenter and finish the job..
so i have to issue a invoice to my client . with out disclosing my expenses in materials, amount paid to hired carpenter..
so in what category in cum under SAC and how can i register my self in gst

We are a manufacturer of unbranded nil rated product (wheat flour). We are supplying the product to a buyer . The buyer is supplying the same to a merchant exporter but requires the wheal flour to be packed by us in the packing PP bags containing brand of exporter and the same will be provided by the exporter. In this case is there any GST liability attracted on us and what are the documents required to be taken by us from the exporter.
The product will be exported in UAE.

I Had Doubt regarding B to C transactions in GST

Example If I Sale @18% Goods to B to C, and But I actually uploaded the GST in GSTR 1@ 5%. here I received profit of 13%. How can i do audit in GST were transactions related to B to C.
In B to C(Small) transactions we are not mention any invoices & customers names just we mentions the percentage wise sales amount.

Please do the needful for above query

Actually i raised e-way bill 7 days ago now i want to cancle the way bill through portal it's not possible can u suggest the way how to cancle

WE HAVE WORNGLY TAKEN IGST CREDIT INSTEAD OF CGST AND SGST IN THE FINANCIAL YEAR 2017-18. THERE AFTER TILL DATENO ACTION TAKEN AS WE CAME TO KNOW JUST NOW DURING THE GST AUDIT. NOW HOW TO REPORT THESE ISSUE IN THE GSTR 9 / 9C OF 2017-18?

Sir, we are planning to purchase some goods and transporting the same
through E-rickshaw. Value of goods is around 72,000/-

Should we make E-way bill. Also we will pay freight Rs. 1,600/-. Is there any liability of RCM.

Kindly advise me.

Regards,

Rakesh Sharma

Dear Experts, we are collecting Tax at source on Tax Invoice.
Which figure we have to show either Tax Invoice Value or Value before TCS?

A lots of confusion on this matter, everyone has different view.

Request to all the experts, please clarify which value we have to show in GSTR-1, although
there will be no impact on Taxable Value & GST. But confusion on Tax Invoice total Value.

Regards,

Rakesh Sharma

Dear Experts, we are giving blanket to employees as Diwali gift and value
of blanket is around 1.5 Lacs. What is treatment of ITC in this case?

Should we reversed the ITC or make self invoice (in which name).

Kindly guide what to do in the above case.

Regards,

Rakesh Sharma