Respected Sir

Proprietorship Firm Has paid aggregate amount of rs. 2 Lakh For transportation of goods to GTA

GTA is not registered under GST

So We have To Paid Tax under RCM or Not

Dear Members,
In GSTR 9C Table 14 -Reconciliation of ITC declared in Annual Return (GSTR9) with ITC availed on expenses as per audited Annual Financial Statement or books of account, Is it mandatory? because not mentioned in any official notification as optional. If not declared by government then it is deemed mandatory because they haven't given any clarification as such?

I filed my ITR-3 for A.Y. 2025–26 on 01-Sep-2025, and it was successfully e-verified on the same day. However, the return is still not processed till date, so I have raised a grievance with CPC.

As KARVY broker suspended, I transfer (to SAMCO broker) shares in 2020 . Please suggest how to report buying date and price of shares in ITR.

IF TURNOVER FOR CURRENT FINANCIAL YEAR EXCEEDS RS. 5 CR THEN WHETHER THE E INVOICE SHALL BE APPLICABLE FROM CURRENT FINANCIAL YEAR IMMIDIATELY OR SHALL BE APPLICABLE FROM NEXT FINANCIAL YEAR?

We have sold material to exporter of goods by charging GST @ 0.10%, our procurement of goods was at regular rates, can we claim refund of GST as we sold goods by charging GST @ 0.10% while we procured the same goods by paying GST @ 12%??
If Anwer is yes then what documents will be required ??

I need a declaration u/s.13(3) format for renewal of registration U/s.12AA of the IT Act, 1961

Sales invoice raised in july 2025 and issued to customer. Value of Invoice is 18,70,300/- (15,85,000/- (basic)+2,85,300/- (GST)) but due to delay in payment by customer we have not shown this invoice in GSTR-1 of July 2025.

In august basic payment received from customer i.e 15,85,000/- and he hold GST Payment.
Due to make our GST Compliance accurate we cancelled this invoice and reissued a new invoice in august 2025 and shown in GSTR-1 of august 2025.

When we take follow up from customer to release balance gst payment, he raised a query that there is mismatch as invoice shared by you (july 2025 invoice) and the invoice (august 2025) shown in GST Portal. Then we reply him that due to our internal error we unable to file july 2025 invoice in GSTR-1 of July 2025. Kindly consider the august 2025 invoice and release our GST Payment.

Customer reply us that he already booked the july 2025 in his system and partial payment has been released against this invoice, therefore we cannot accept the august 2025 invoice.

So he wants the july 2025 invoice in GST Portal only then he will release our balance payment
We trying to convince him but he does not agree. Now my questions are-
1. Is it possible if we show july 2025 in october 2025 GSTR-1 and we will make credit note against august invoice in october 2025 and mention in return so that balance will be nil in GSTR-1 october.?
2.If yes, will we have to pay interest also and how to calculate that interest?.
3.If we only show july 2025 in october 2025 GSTR-1 and not pay interest and file october GSTR-1
then what will happen?

Respected Sir

F & O Transactions


Option T/O- 28 Lakh
Total Sales- 2.74 Crore
Total Purchase- 2.80 Crore
Total Charges- 1 Lakh

So., Total Loss - 7 Lakh

To Claim loss of 7 Lakh For the A.Y. 2025-26
How to Show this entries in P&L

1. Show Sales and Purchases and expenses
or
2. Without Showing Purchase and Sales , Directly Show Loss From F & O Transactions- 6 Lakh
and Other Charges - 1 Lakh

Hi Everyone,

We are facing an issue related to Inverted Tax Structure under GST, and I wanted to get your views and experiences on this:

1. In case of Inverted Tax Structure, we are losing ITC on the service portion since the refund formula allows refund only on input goods, not on input services. This unutilized ITC just sits in the Electronic Credit Ledger (ECL) & accumulates and practically doesn’t benefit the organization in any way.

2. I wanted to understand which industries are facing this issue and how they are strategically handling it

3. If anyone has faced and overcome this issue earlier, it would be great to connect and discuss the strategic moves adopted — it might help our organization handle this situation more effectively.