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Aravind Kannan

Friends,
When GST was introduced, there was a column to report the sales or turnover done during VAT period and this was added along the turnover during GST period and hence there was no chance of mismatch in turnover data as per IT and GST.
Now my question is , what happens when one registers in GST voluntarily during September 2023.
Is there any column to report the sales done during non-gst registration period that is from (April 2023 to Aug 2023)? If there is no such option, the turnover declared in Income tax will include both GST period and Non-gst registration period sales. This may even attract notice from GST for turnover mismatch in future?
how to avoid this difference and is there any column to report sales conducted during non-gst registration period?
Thanks in advance.


P.Madhivadhanan
14 September 2023 at 09:19

Intimation of liablity u/s 73(5)

An assessee have filed gst return for the financical yeat 2018-19 return in 30/10/2019 and availed Input credit. Notice is served as liability u/s 73(5) payable . Some of the transactions are B2B & some of other sales are B2C. How to avoid this liablity ?


Sabita Sahoo
13 September 2023 at 19:03

Interest as per rule 42 of cgst rules

As per rule 42 of Cgst rules, reversal of ITC computed annually if exceeds than monthly reversal then the excess amount so calculated will be reversed with interest and the interest shall be calculated from 1st April of next FY.
As per sec 50(3), interest to be calculated from the date when it is utilised.
Thus in case of reversal of itc under rule 42, from which date ,interest is to be calculated?


MALAY DAS
13 September 2023 at 10:05

ITC REVERSAL NOTICE

RESPECTED SIR
MY CLIENT GOT NOTICE TO REVERSE ITC AMOUNT 105000 WHICH CLAIMED IN NOV 2022 . ITC NOT SHOW IN 2A/2B. ITC NOT USED ALSO NOT SHOW IN CREDIT LEDGER. CLIENT FILLED NIL RETURN FY 22-23. CLIENT DID NOT FILE GSTR9 FY 22-23. WHY NOT SHOW IT IN CREDIT LEDGER. PLEASE ADVICE HOW I RESPONSD IT. NOW CAN I REVERSED IN GSTR9 FY 22-23.


Marimuthu


Dear Experts,
1 A company needs to pay the late fee and interest under GST
2 Whether this company needs to pay these two amounts under Interest column only or Interest and penalty Columns?
3 Pls clarify


Uday Kumar
12 September 2023 at 10:12

Wrongly entered value in cess field

Hi

While filing GSTR1, I inadvertently entered the total invoice amount in the "CESS" field (which was supposed to be kept blank). Now the total amount is reflecting in the challan amount.

Please advise how I can recover the amount.

Thanks.


Priscilla
11 September 2023 at 19:33

Can we Avail ITC on AMC - Air conditioner

Kindly suggest can we avail the input tax on the AMC (Airconditioner) invoice issued by the registered vendor.
SAC code mentioned - 995469


AUDITORS EDAPPAL

What if any sales invoice gets missed in the previous month filing. How can we rectify it?


ARUN GUPTA
11 September 2023 at 12:08

Gst on car insurance premium

Can I take Itc on car insurance premium in my gst co which have iron and steel business.please clarify?


jayesh khokhariya
11 September 2023 at 10:53

Reverse charge applicability On Rent

We are registered in GST and we have taken commercial property on rent of Rs. 54000 PM for business purpose and lanlord in not resgistered in GST. So Question is whether we nee to pay RCM on Rent @18%??





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