Dear Experts,
Pls clarify:- section 16(2) of cgst act. And rule 37 State that if No payment is made to the supplier within the 180 days the ITC taken shall be added back to the output liability. Pls tell me if anyone has not paid within the stipulated deadline than how the ITC shall be add back to the output liability! Pls clarify with an example if possible....

Thanks In Advance
Karan

What is the basic difference between GSTR-9 and GSTR-9-C ? Please guide me and oblige sir,

Resp. Sir,
I am a manufacturer of medicine and install solar panel somewhere ales far, i.e. Out side my factory, to generate electricity, whether I am eligible to Input tax of GST paid on purchase and installation charges paid for solar penal?
I am getting adjustment of ele. unit generated from my solar penal against my consumption of electricity unit in my factory.
Kindly request to guide on this, I am confuse because, electricity is not taxable in GST, and ultimate product generate from penal is electricity.

Dear Sir,

A employee has bought one spares for the company and he got it reimbursed through employee reimbursement form. however the Vendor has raised the bill in the name of the company and he is charged GST on his bill , also he has showed the same bill in his GSTR-1.

Can a company avail GST Credit on the same bill.

Hi Expert,

We have dealing in Second Hand Car.

Purchase of Car Rs. 1,40,000
Sale of Car Rs. 1,70,000
Profit - 30,000 (as per marginal scheme we have paid GST on Profit)

My Q is In 3B Where i can show 1,70,000 Amount, (In taxable i can show Rs. 30,000)

Please advice. also correct me if i am wrong on above case.

Thanks,

Sir

in March 2018 IGST balance as per books is Rs.524362 and as per portal RS. 520040/- Difference of Rs .4322/-

Can i rectify the same please advise

Dear Sir,

I am filing GSTR-9 return for F.Y. 2017-18. After going thorough auto populated columns of GSTR-2A, I found that there is less itc credit available in GSTR-2A column when I compare it with my GSTR-3B credits taken. There is also a credit of cess amount available of Rs. 1,50,000/- in GSTR-2A which I never claimed in my GSTR-3B Return. Is there any way I can take the ITC credit of the actual bills I have. Will I be able to adjust the Cess credit available in GSTR-2A with my CGST and SGST liability. There is no Cess liability in my case.

Please help me.

Regards,
Divyesh Jain

IF I BUY A NEW CAR IN EXCHANGE OF OLD CAR IN THE F.Y.2017-18 POST GST REGIME. AND I AM MAKING CAPITAL GAIN ON THE OLD CAR IN THE BOOKS. DO I HAVE TO PAY GST ON MARGIN EARNED?
OR THIS APPLIES ONLY TO DEALERS OF SECOND HAND CARS?

We have Leased out Machinery for Rubber product for a period of 10 Years. The Lease Rent is received every month. The title of assets remains with us at the end of the Lease period. We have collected GST from July,2017 on wards and paid the same regularly. Now the Tax Office has informed us that such lease arrangement attracts "cess" for which we are being held liable.
We need advise from experts on this issue.
What happens about the GST amount paid by us till date ?
Ali Akbar
aliakbarsb@gmail.com

Respected Experts
one of our newly GST registered PWD contractor received contract amount from the government now. but the work done and invoice raised before GST registration. whether this amount liable for payment of GST or not. please reply......... Thank You