One of my client has claimed ITC during the year 2017-2018 but there is no taxble supplies. Now in the month of Jan 2020 the department send notice to pay the ITC claimed during the year 2017-2018 as there is no taxable supplies. My doubt is whether can I reverse that ITC in the month of Feb 2020 GSTR-3B since it is there in credit ledger or I have to pay the ITC through cash in DRC-03. Kindly clarify me. thank you

DEAR SIR,
I HAVE 2 QUERIES:
1. HAVING RENTAL INCOME FROM COMMERCIAL PROPERTIES, FILED GSTR 3B & GSTR 1 FOR FINANCIAL YEAR 2018-19 AND ANNUAL RETURN IS DUE FOR FILING. IT IS NOTICED THAT ITC WAS NOT CLAIMED WHILE FILING 3B/GSTR1.
MY QUERY IS WHETHER ITC CAN BE CLAIMED WHILE FILING ANNUAL RETURN AND CLAIM FOR REFUND?
2. SINCE GST IS PAID ON RENTAL INCOME FROM COMMERCIAL PROPERTIES WHETHER CHARGES PAID TOWARDS AMC FOR MAINTENANCE OF LIFTS CAN BE CLAIMED AS ITC?
PL GUIDE
THANKS & REGARDS

Dear Sir/Mam,

A Salaried employee.In future he planning to do a consultant work & employee work also.In his individual name gst registration is possible.Kindly give your guidelines.

Thanks & Regards,
S.Ilaayaraja

Dear Expert,
Is there any rule for claiming extra 10%Itc of eligible credit in gstr2a in which head be it CGST,SGST ,IGST

In the case of import of goods by Sea on FOB (Free on Board), the Ocean freight is paid by the importer directly to the foreign shipping line. The ocean freight amount is separately shown in the bill of entry. Under this situation, 1) On what value GST is to be paid under reverse charge by the importer? 2) what is the percentage of GST 3) Whether to pay IGST or CGST + SGST? If the said freight is initially paid by the CHA or the freight forwarder to the foreign shipping line and then recovered from the importer, whether importer is liable to pay GST under reverse charge?

Goods are to be imported in gujrat. But gst no of gujrat is not there. Whether it is mandatory to have registration? Actually from gujrat we will transfer material to our Delhi warehouse and we have GST registration in Delhi.

Mr. X is a builder

He taken land on 01 MAY 2020 from Mr.’A’ on development agreement

In development agreement 8+2 flats to be constructed by builder with own cost, 8 flats can be sold by builder and 2 flats to be handover to Mr.A who is site owner

Builder will collect 1% or 5% GST on 8 flats (based on GST conditions)
Doubts
1. What about GST on remaining 2flats
2. Who will collect GST
3. Who has to pay GST
4. What is the GST rate for this 2 flats
5. Can input be taken by Mr.X If Mr.X has to pay GST on 2 flats

Dear all,

Mr X is a builder
he is ready to sale flats (each flat value is 28 lakhs & Non Metro City)
flat measurment is 900 sft and car parking is 80 sft

doubts
now GST to be collected 1% or 5% please tell
is gst collrected base on flat measument or including carparking area measument

Dear Sir/Madam,

I would like to have clarification if RCM is applicable on Rent to a PVT LTD Company, if the property which company has taken on lease belongs to 6 directors of the company. The Rent for the lease given to company is not exceeding 10 lakhs per annum to each individual director, but where as if total income from rent considered to each of the directors, then 4 directors shall cross the 20 lakh rental income per annum and this 4 directors are registered under GST. Each of the directors receive salary from the company and no other fees are being paid to them.

Here, i request to clarify is about RCM applicability on company, as 2 directors are not registered under GST they cannot provide GST invoice to the company, how do i need to consider these transaction?

Thanks in advance.

Awaiting for your Kind reply.

Regards
Mohith

one of my client have 2-3 furnished commercial property (with furniture and air conditioner etc) , this property let out and charged GST on rent.
Client do the some expenses for maintain the property ( like, colour painting , furniture repair other mis exp. etc.) i want know ITC can claim on these type of expenses.