Nagaraj
This Query has 1 replies

This Query has 1 replies

Hello,

To calculate 20% shortfall, should we consider including gst or excluding gst, because ITC not eligible so that will be considered as cost. so below given methods which method is right
Method1: Including GST as Expenses
GST Bill
Taxable Value 10,00,000
Tax @ 18% 1,80,000
Total 11,80,000

Non GST Bill 5,00,000

Total Expenses 16,80,000

80% of the total Value 13,44,000
20% of the total Value 3,36,000

Shortfall Value 1,64,000

Method1: Excluding GST as Expenses
GST Bill
Taxable Value 10,00,000
Tax @ 18% 1,80,000
Total 11,80,000

Non GST Bill 5,00,000

Total Expenses 15,00,000

80% of the total Value 12,00,000
20% of the total Value 3,00,000

Shortfall Value 2,00,000


Sharad Junnwar
This Query has 1 replies

This Query has 1 replies

what if gst return not filed for 5 years return of composition scheme


Nilesh Mehta
This Query has 3 replies

This Query has 3 replies

24 June 2025 at 16:45

GSTN Suo Moto cancelled

my gstn cancelled suo moto 2 years ago due to non filing of gst return. now how to activate this number. pls help


Daya
This Query has 1 replies

This Query has 1 replies

Time Limit of Issue
Credit Note issue, Debit Note issue under GST
ITC Claim under GST
Annual Audit of GST for FY 2024-25


ARITRA CHAKRABORTY
This Query has 1 replies

This Query has 1 replies

23 June 2025 at 14:00

GST Reverse charge Accounting

I would like to know if I am (Suppose I am also a registered taxpayer) having inward supply of Security services or any other services which are taxable under reverse charge mechanism, how will I enter the journal in tally?


Sunil Patnaik
This Query has 1 replies

This Query has 1 replies

In our gas business, the invoices are system-generated by IOCL, and we have no control over their generation or the serial numbering. As a result, the invoices we receive are not in a continuous serial order. With Table 13 of GSTR-1 becoming mandatory from May 2025, which requires invoice-wise details, how should we report such invoices that are not serially numbered and not under our direct control? Please advise the correct method of compliance in this scenario.


Jagdishchandra Jani
This Query has 1 replies

This Query has 1 replies

THE NOTICE TIME BARRED AS ISSUED ON 22 JUNE ACTION OF DEPARTMENT AS TIME LILIT OVER.


Venkateshwarlu Pulluri
This Query has 2 replies

This Query has 2 replies

Good morning sir/s, one of my client claimed ITC on car purchase for May2025 by oversight, is it to pay by filing DRC03 or to reverse in next month i.e., June-2025,

however it is not utilized but c/f in credit ledger of respective month


Finance ~ Wok On Fire
This Query has 2 replies

This Query has 2 replies

RCM Paid on Rented Commercial Property by Non-Composite Regd Restaurant, whether RCM Credit is available or not.


PANDIAN BRIGHT
This Query has 2 replies

This Query has 2 replies

19 June 2025 at 18:13

RCM LORRY FREIGHT

Good Evening,
One of my clients received RCM lorry freight value in GSTR-2B. But actually he did not receive any transport service from the particular Transportar. Hence he has to pay the RCM amount now. When i try to reject this from IMS dashboard. There is no RCM entry.How to reject the above transaction? Please Guide me.






CCI Pro



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