Hello,

Whether it is required to file GSTR 9 and 9C if my PAN based turnover is less than 79 Lacs showing on portal (my business is sale of used vehicles and charge Gst on margin ).
However my Audited Turnover as per income tax is more than 2 Crore as it includes total amount of car (cost+margin).
Thanks

can we change the taxable value figure in GSTR9? Actually we omitted to addjust a Sales return in GSTR1 and GSTR3B both but liability was accurately reported after considering the sales return affect and GST was correctly paid..
Just Taxable value was not altered.. can we rectify the same in GSTR9?

Sir,
It assessee loan purpose amount received from non resident person (friend )rs:15 lacs through on bank mode after 2 years amount repayment to non resident person.
Question:
Assessess above mentioned loan amount transaction accepted or not accepted.

For assessees having income other than Business or Profession for exercise of tax under new regime whether online submission of form 10IE is necessary ?
ANS No
Read more at: https://www.caclubindia.com/experts/form-10ie-rule-21ag-2862324.asp

Please refer to above query
I filled ITR under new tax regime by choosing section 115BAC while filing ITR. I did not filled form 10IE (as answered in above query). However, I received intimation under section 143(1) my claim under section 115 BAC was rejected and income tax was calculated under old tax regime. I am salaried employee with no Business/Professional income. Could you let me know why my return under New tax regime was rejected and what steps should I follow now to rectify it?

I had financial year 2020-21 month of march 3b return filled. but not filled return for GSTR 1 (B2B Invoice). So i have not filled return GSTR 1 till. So how to B2B Invoice update in GSTR-1

I HAVE TO PAY THE FOREIGN PAYMENTS IN THE FOREIGN CURRENCY FOR IMPORT OF SERVICES. BUT THE TDS IS NOT DEDUCTABLE AS PER DTAA BETWEEN INDIA AND THAT COUNTRY. SO SHOULD RCM WILL BE ATTRACTED ON SUCH PAYMENTS.

which date we should mention for examination date in annexure c1.
say we are filing the shipping bill with e sachet on 25.02.2022 bur the actual factory stuffing date is 26.2.2022.

please advise.

Dear Sir,
We are from Tamilnadu and have an export order to UAE of 8 tons steel fabricated components. We have valid LUT. We are going to procure steel (Raw material) from Maharashtra and the fabricator also in Maharashtra. Please clarify the following queries.
1. Shall GST (18%) exempt for steel purchase?
2. Transportation charges GST exempted?
3. Labor cost (Fabrication charges) GST exempted?
4. C&F agencies GST exempted?
If yes, how can we guide to suppliers for making invoice?
Please guide me in this mater urgently.
Thaning you
D.Ravichandran

I would like guidance in the following issue.

An asset is sold for 12,50,000/- where as its WDV in the Books of Accounts showed a balance of Rs.13,47,000/- thus the balance of the WDV was debited to P&L as "Loss on sale of fixed asset".

What are the necessary disclosures/disallowances in Income computation and Tax audit report.

Thanks in advance.

I have to show Interest received from customers and GST and interest thereon required to be paid..So these details are to be added in GSTR9 or after making payment through DRC-03 these details supposed to be shown in GSTR9C?
Further what is the rate of interest 18% or 24%?