We have received intimation from SGST Department for excess TRAN 1 credit claimed of Rs 53003/-. We have utilized the TRAN 1 credit in the month of Jan 2018. Now we have received intimation to deposit tax along with interest. Now we are having a credit in our IGST , CGST and SGST ledger. When we are doing DRC 03 the amount of SGST is first adjusted through IGST can we do this or cash has to be deposited and then DRC 03 to be done

Second will we be liable to pay interest U/s 50 as the section points out wrong credit U/s 42(10) and 43(10).. Please guide.
If the department issues us the showcause notice for interest will be, be liable for penalty also.

i have exported certain goods for $100000 under payment of IGST. on the date of removal, custom exchange rate was say, RS. 75.2/- and on the date of presentation of shipping bill, exchange rate is Rs. 74.50/-. now I am eligible for gst refund 1341000/- ($100000*18%*74.50). However, my e-way bill shows tax liability of Rs. 1353600/- ($100000*18%*75.2).
How to reconcile this amount in books of accounts and e-way bill?
Can I amend my invoice so that my above amounts are equal in books, GSTR-1 and shoipping bill? and will there be any impact due to mismatch in eway bill?

Dear, sir
I have used all CGST Amount in my credit ledger.I have a credit balance of SGST, now how can I use it in my next return with CGST.

A Doctor income private clinic and job in hospital.
Question:
Person gst registered required in gst act.

A gst registered regular scheme dealer purchases of goods computer generator invoice received by seller
This is computer generator invoice hence physical signature not required shown in computer generator invoice
Question:
Dealer this invoice input credit claimed eligible in gst act.

Dear Experts,
We received freight bill against different consignments for july month from our transporter. Total bill amount is 7800/-. but only two consignments are above 750/- ( 950+850 ). my query is that should we pay 5% gst under RCM of 7800/- or 1800/-. please suggest.

I am selling the GST TAXABLE ITEM @5%
But In my Invoice I m not showing it separately and the amount is inclusive of GST.
Should we need to separately show the Taxable amount as well as gst amount.
Or can I show a combine amount directly.
Because gst amount I am paying from my profit due to competition and it is part of my cost.

Hi all,

One of the Client Private Limited company is doing Trading of Agricultural Products (i.e. Buying and selling with small margins) , now Is this activity liable to GST ? If yes at what rate ? if Not because of exempted or Nil rated services then Is the GST registration is required after crossing the Threshold Limit of Rs.20 lakhs ?

Please assume client doing wholly above activity only.

One of my clients is having Ice cream & Milkshake outlet (Franchisee) in which he supplies ice-cream scoops as well as various types of milkshake (Milkshakes are prepared from ice cream and milk by adding other flavors as per customer's choice).
What is Threshold limit applicable to such outlet for registration under GST Rs. 20L or Rs. 40L. (Notification no. 10/2019 - CT)
According to my view extended limit of Rs. 40L is not applicable as such outlet can not be said "exclusively supply of goods"

Dear Sir
While filing GSTR-1 B2B one Invoice filed as 18% GST instead of 28% how can I rectify it?