One of my Client is running a Petrol pump of IOCL, made periodic payments (Inc. GST) of License fee recovery (LFR) charged by IOCL. At the same time, he receives Lease rent (Inc. GST) against such petrol pump from IOCL.

What LFR is basically a License Fee originally charged by government from Petroleum distribution companies for operating petrol pumps. With this spirit, if we are getting rent receipt against such petrol pump. That means, GST paid in LFR should be allowed as Input service against such Outward supply of Rent.



Please clarify on this.

I created an eway bill with wrong HSN(All digits) My taxable value, tax rate and tax amount is correct. My annual turnover is more than 1.5 crores.In that case if GST team caught the vehicle how much penalty i have to pay?There is no intention of tax evasion. Is there any relief if the annual turn over is less than 1.5 crores?

Due to non-filing of GST Returns, my GST Registration was cancelled. Now, I have filed GST returns upto Oct.2019. What is the procedure to revoke the cancellation of GSTIN and revive the same ?

DEAR SIR,

PLEASE EXPLAIN HOW TO CALCULATE 20% ITC RESTRICTION


REGARDS

A lodging having 46 rooms.out of 46 rooms,12 No's. belong to one person and remaining 34 No's.belong to another person. Both are registered under gst act and filing gst returns.Now my query is --can two gstins be given for one immovable property having one entrance?

Dear Sir
As per GST Act ,rectification in Return for FY 2018-19 can be made up to September 2019 return.But on GSTIN Portal , even in December return, Option to revise B2B invoice pertaining to FY 2018-19 is available.

Whether it will be legally valid if Using this option, invoice pertaining to FY 2018-19 is amended in December 2019 return.or any notification is available in support of this amendment option available on portal.Please help me out.

Dear Sir,
Our company import machinery part from out side of india and paid IGST on bill of entry and We have claim the IGST paid on BOE imports in our GSTR3B.
but Bill of entry IGST tax not show in our GSTR-2A so our GSTR3B and GSTR2A are not matching.
Now our consultant say , you can claim only that tax whose show in GSTR-2a

Please suggest me how can i claim my Bill of entry tax in 3b.

Is it necessary to match IGST of GSTR3B and GSTR2A in case of import inovices/BoE ?

Kindly let us know what to do ?

In case a person( Medical retail person) gets registered voluntarily by mistake since June 2019 and also he is not liable to get registered under GST (not fullfiliing the conditions for compulsory registration), can he surrender his registration?

If he has received notice u/s 46 for default in furnishing returns since June 2019-Sept 2019. What action needs to be taken? Can we surrender GST registration

Respected SIr / Madam

As we are manufacturing coke. and we are generating power (electricity) free of cost and what ever we exp made to generating power we are not claiming input.so than no any amount should i reverse. because whatever exp made for manufacturing coke we are claiming input. plez confirm me.

Dear Sir/Madam,

Is there gst applicable on CFS charges. if yes then on which rate?

pls share your valuable advise.