I have done export of services in month of july 2019. can i take CN in Month of May 2020? is there any condition of CN under Export ? if i want to ready regarding that kindly given the section detail ?

Dear team

Ques 1 : we are the clearing and forwarding agency. The transporter raise the transport bill in the name of ours on 5% RCM basis. we raise the service bill to our exporter/importer including transport charges in 12% Is it right? and Are we pay the tax on RCM basis against the transporter bill and can we claim the ITC against the Transporter bill.

Ques 2: we raise the service bill including transport charges 12% to one customer and raise the service bill on RCM basis to other customer. Is it right

Ques 3: How can we bill the transport charges to our customer finally? Pls explain

Respected sir/madam
I have following query
We are providing manpower supply service along with material for which we have binding contract with our client.
Apart from contract with our client. They made payment to us for expenses like bonus, extra pymt to employees and for URD material purchase. We paid that amount to employees and Supplier.
So how should we treat accounting entries on that transaction.
Whether we should book income on that transaction and paid gst.
Please let me know the journal entries.
Thanks!!!

WE CLAIM REFUND OF EXCESS AVAILABLE IN THE ELECTRONIC CREDIT LEDGER. THE ECL BALANCE ONLY AVAILABLE IN SGST. IN THESE CIRCUMSTANCE HOW TO CLAIM IN THE REFUND. NO BALANCE IN CGST AND IGST. EXAMPLE : ECL BALANCE IN SGST Rs.300000.00. ELIGIBLE REFUND IS Rs.200000.00. WE HAVE CLAIM FULL AMOUNT I.E. Rs.200000.00 IN SGST OR ONLY Rs.100000.00.
THE CGST BALANCE ARE OFFSET FOR OUTPUT TAX LIABILITY OF CGST AND IGST. PLEASE CLARIFY
REGARDS/SR

I had billed overseas party for services given in January 2020. The same has been incorporated in Janaury 2020 in GSTR 1 and 3b. These are zero rated bills under LUT. Due to covid 19 it is doubtful whether payment will be received., since my export income will be reduced. The same can be amended in GSTR 1 in March 2020, but how to reduce the same in 3b since it does not take negative figures. i may not get export orders for next 6 months due to covid -19. Please suggest suitable alternative since 3b cannot be amended.

Dear Brother,
We received the notice of the GST Demand notice regarding the Intrest on the late filing return on the output tax payable from the ACTO?

Can I know whether the GST Interest should be levied on the Output tax payable or Net payable in the return?
Note:- Please send write the answer along with the attachment of the link of the case law and notifications which rely on your answer

Where to show in GSTR 3 B
& GSTR 1.

Hi Respected Members,

I want to take your valuable opinion on GST ITC question based on the below case study:

An GST Registered Entrepreneur purchased some Interstate goods from Registered Supplier in FY17-18 and paid respected IGST on the purchased. For this all the relevant documents Like Invoice, Bank Payments etc is available with Entrepreneur. These goods are exported and ITC Taken on this Export.

But in FY 19-20 it is observed that the supplier didn't show the relevant sales while filing GSTR1 and not visible in Entrepreneur 2A. We are in doubt that supplier even not paid the GST Collected above to the authorities. Further it is come to notice the supplier also cancelled his Old GST Registration and taken new one in the same Jurisdiction.

My Question is:

1. So whether this ITC is valid or it needs to be reversed?

2. Do the Entrepreneur needs to take any action? He is Bonafide and have all supporting documents to prove that he actually purchased goods but his supplier didn't show the sales?

3. Entrepreneur is exporter and has to submit all the information related to itc under circular 131 so this needs to told in circular?

4. Is there any circular or notifications to support this action?

Thank you all for your time and feedback.

Regards
Manjeet

WE HAVE FILED TWO EXPORT INVOICES DURING AUG.2019, THE BOTH TWO INVOICES DISPLAYS IN THE TABLE-6A OF GSTR-1. WHILE FILING THE REFUND ONLY ONE INVOICES VALIDATED. ANOTHER INVOICE SHOWS YOU HAVE NOT FILED THE INVOICE IN THE RETURN. HENCE, HOW TO VALIDATE THE SAME OR FILE THE REFUND WITHOUT CONSIDERING THIS INVOICE. THE BUSINESS 100% EXPORTS.
PLEASE SUGGEST / SR

A newly incorporated tech startup (Sole Proprietor) plans to export software from coming month i.e, May-2020. Export turnover might be around 20-30 lakhs p.a.

So can it apply for LUT under gst ?

Also, what is the value of stamp paper that needs to be taken for furnishing LUT ? Is Rs. 100 sufficient ?

Please guide me. Thank you.