DEAR SIR,

WE HAVE STOPPED INTER -STATE PURCHASE FROM APRIL, NOW THEY HAVE ISSUED CREDIT NOTES, MY QUESTION IS HOW TO ADJUST IGST CREDIT NOTES BECAUSE THERE IS NO INTER-SATE SALES OR PURCHASE UNTIL NOW THEY ISSUED CREDIT NOTE IN THE AUGUST MONTH HOW TO ADJUST THESE CREDIT NOTES TO REDUCE THE VALUE OF THE LOCAL PURCHASES OR ANY OTHER WAY TO ADJUST THESE CREDIT NOTE PLEASE HELP ME AND GUIDE US

REGARDS

A gst registered regular scheme dealer closing business.closing stock value Rs :5 lacs.dealer yearly turnover below 1 cr limit.
Question:
1.closing stock value Rs 5 lacs sales turnover treatment.
2.dealer cancel of gst number after gstr-10 filed compulsory.

can we prepared invoice by using udyog aadhar for individual business

Dear all

1) Our supplier raised credit note for discount difference against his invoices but not reverse gst in its credit note. My question is whether we have to pay gst on suppliers credit note or not.
2) Our supplier raised credit note for direct sales to some other party on our behalf. He directly raise sale bill to that party. But he passed credit note of discount diff to us for which he not reversed gst . Whether we have to pay gst or not

A gst registered regular scheme dealer cancel of gst registered.closing stock value rs 5 lacs.
Question:
1.closing stock treated in gst act.
2.cancel of gst registered after filling for gst returns.dealer turnover yearly below Rs:1 crore.

We need to raise debit note to one of our sister concern towards salary reimbursement along with GST. The same sister concern are our sub contractor.

Kindly guide whether we should issue debit note or tax invoice for the same and how it can be shown under GSTR 3B and GSTR1.

Or they need to raise credit note???
Please Guide.

Please inform what is the GST rate on tea stall having turnover of 75 Lacs?

GST was paid on reverse charge basis on long term lease of land from a Government agency. However, after payment of GST, the lease was cancelled. Can refund application be filed for the amount of GST paid under RCM earlier in this case? If so, what is the procedure.

Dear Experts, we have taken ITC in Dec-2019 GSTR 3B as per below :-
Output : IGST @18% = 285260/-
Less : Input : CGST@18% = 113126/-
SGST@18% = 113126/-
And we have paid balance payment through cash ledger.
Now due to Covid-19 & crisis of funds, we have not made the payment to this dealer
till today. And we have to reversed GST with interest in Aug-20 GSTR-3B.

1) Kindly suggest us which GST we have to reversed either IGST or CGST + SGST.
2) Interest Rate? Is the interest period start after 180 days. i.e. if we delay by 195 days.
we have to pay interest for 15 days.

I am not clear & confused about the above facts. Kindly suggest me what will the remedy.

Regards,

Rakesh Sharma

we are looking to start Restaurant cum canteen. In which we will have seating arrangements with ac and will server Snacks. Another thing we will also going to server Fixed Lunch Pack and will also deliver Packed Lunch to Offices and outside stores and home. Should we get registration Under 5% No ITC ? or we have to take it under 18% regular Registration? Please Advice.