What amount is to be mentioned in Amount of disputed demand in Form no. 35 ? For eg if there was a refund but as per the assessment tax payable has been determined.

Dear Experts,

We are manufacturer, our investment in Plant & Machinery is around 12 Cr.
But our Turnover in last year 2019-20 was 245 Cr. We are in confusion that
in which category we will fall? Either medium or large? Someone says "Medium"
and someone says "Large".

Please suggest to help me.

Rakesh Sharma

Mr. A is Service Provider & Mr.B is Service Receiver and both are Registered GST Persons & Regular Tax Payers. Mr. B is receiving services from Mr. A every year worth Rs.10000/- since from 2016-17. MR.A will not charge Mr.B. up to 2019-20 for 4 years Service provided to Mr.B. In the year 2020-21 and on 31/05/2020 MR. A raising total invoice of RS.50000+GST @18% totally Rs.59000 to Mr.B for services provided to Mr.B for entire 5 years @ Rs.10000/- per year from 2016-17 to 2020-21 (which he clearly mention the year wise service amount in the invoice like..... 2016-17 Service Fee- Rs.10000, 2017-18 Service Fee-Rs.10000/- 2018-19 Service Fee - Rs.10000/-, 2019-20 Service Fee -Rs.10000/- and 2020-21 Service Fee- Rs.10000/- & Total Service Value Rs.50000+ GST @18% Rs.9000 & Total Invoice Value Rs.59000) and date of Invoice 31/05/2020 and Pay Rs.9000/- Tax in his GST 3B for May 2020. Now my question is wether Mr.B can claim this ITC of RS.9000/- in his MAY 2020 month GST 3B??? Wether the Entire ITC of Rs.9000/- is allowable to Mr.B or Not???

Can we say a frim to be sister concern of Private Company if mother of directors of company is sole properitor in firm ?

Please tell what is the due date of form 61a for the financial year 19-20? Is it still 31st may or has been extended?

Can anyone please help me in getting solution to below query with appropriate notification or circular reference.

01. I have started project in 2013-14 and it has total of 36 flats & shops
02. I got OC in mid of 2017-18
03. 6 flats sold before OC received
04. Balance flats / shops sold after OC
05. By mistake I also availed ITC of input & input services received after getting OC which is still lying in electronic credit ledger.

I have query regarding:
• How should I reverse such ITC? – in GSTR 3B or by DRC 03
• If DRC 03, can I reverse it using balance lying in credit ledger or I will have to discharge in cash?
• Will there be any interest for such reversal

Dear experts please help !!!!!!

bank reported in 16A excess interest income in Q2 19-20; requested for rectification; not done in Q4 19-20 as evidenced by 16A for Q4 19-20 and as well in 26AS 19-20; how to rectify excess income reported to file my IT return

Can a Tobacco DEALER opts for composition scheme? As per notification no. 8/2017 Tobacco manufacturers can not opt for composition scheme. But there are no restriction on dealers in this notification. Please help out.

Please anyone tell me about POEM(place of effective management), PE(permanent establishment) and Business connection in India. What is difference between these three words and where, they are used ?

What is difference between pledge and mortgage and hypothecation.