It's Partnership Firm facing huge loses so going to disolution. It is having more than 1 lakh ITC in credit ledger no stock left. All the ITC are relating to Marketing Expenses , Rent & Capital Goods.Now what is the solution. Is there any way to claim refund of such ITC/Reverse of such ITC or any other solution

Please Help me to resolve the issue thanks in advance. Awaiting for the solution.

Some one is providing security service but charging GST on his bill now one of his client asked him to refund all gst charged in his bill after jan 2019. Can he claimed refund from department on gst paid on security service because his service covered under RCM. He is Providing ONLY security service.

SIR I HAVE A QUERY REGARDING REJECTION OF MATERIAL SENT ON TAX INVOICE IN AUGUST 2019 BUT PARTY REJECT MATERIAL DUE TO NOT AS PER REQUIREMENT. PARTY HAS ISSUED INVOICE CUM GATE PASS CHALLAN AND RAISED EWAYBILL ON CHALLAN NUMBER. NOW I HAVE ISSUE WHETHER HOW TO ENTER THIS ENTRY IN TALLY OR I HAVE TO ISSUE CREDIT NOTE IN DECEMBER AND RAISE EWAYBILL.

Respected Sir/Madam,

my client is doing software services to US client, so we have taken GST registration and we are filing NIL gst returns monthly. recently my client has received 3 lakhs through paypal and later he was transferred money to his bank account which is mentioned in GST Registration. upto this date we have file nil gst returns. now my doubt is
1. whether we need to pay gst @18% on 3 lakhs or not?
2. where to show this amount in gst return if gst not applicable?

Dear Experts
we export the Materials to out of country. whenever issue the materials i given DC & E way bill for Factory to Port .once reach the port i will issue the Original Invoice .but DC -Eway bill value & Invoice Value some Difference is there . Due to Exchange Rate. pl suggest which Value i show in GSTR-1 Turnover .

We are the civil engineering construction company doing construction of hospital buildings, railway etc. In our projects, we are laying Temporary Sheds for the purpose of staying our company labours and staffs within our project. Later, after completion of project, these temporary sheds will be dismantled and taken back of some goods which is re-usable like doors, windows, steel structures etc. for re-use for our other projects. We are booking this sheds in our accounts under Fixed Assets and claiming depreciation.
My question is, whether can we claim Input Tax Credit (GST) from materials purchased for construction of these temporary sheds?

what is the meaning of Sports and recreational sports event promotion and organization services ? what is the SAC Code? Can I get ITC? Sir It is RCM Services?

The following category of person shall be required to be registered even if their aggregate turnover is below specified exemption limit and are exempt from registration. 1) persons making any inter-State taxable supply of goods [In case of supply of services, person making inter-state supply of services is not required to register if his aggregate turnover is less than ₹ 20/10 lakhs] - Notification No. 10/2017-IT dated 13-10-2017. Since export of goods is treated as inter - state supply, does it mean that if a person is only exporting goods and his turnover is below ₹ 20 Lakh, still he need to register with GST?

Whether Row house scheme comes under affordable housing scheme of GST. If some of row houses are covered by diff. area and price which comes under 5% rate, then it is possible to apply different rates for different row houses.and how to consider carpert area including (plot are or not)

Is ITC reversal under Rule 42 and 43 of ITC Rules applicable to an NBFC opting to avail 50% credit