I am seeking clarification relating to availing of input credit.The accounts finalised and IT returns filed for 2017-18, but input credit on few expenses not availed nor made any provisions in the accounts books. Can such input credit be availed in the accounts of subsequent year and accounted for that particular year. Because of the irregularity in uploading data by vendors/ monthly returns/quarterly returns/ lot of fear of facing penalty has caused lot of confusion in the accounting. If input credit can be availed, then what is the last date for availing such credit.

SIR PLZ SPECIFY THE GST RATE FOR MOBILE REPAIRS AND SERVICE AND SPECIFY WHETHER COMPOSITION SCHEME APPLICABLE FOR MOBILE REPAIR SERVICE AND RATE OF TAX

Assessee had always been eligible for audit until AY 2019-20 wherein his turnover is less than Rupees One Crore and Net Profit is more than 8% of turnover.
In order not to break the sequence of audit reporting, Assessee is interested to audit his books of account even for AY 2019-20.
Can the CA audit such a case?
If so, under which relevant section of the Income Tax Act shall he be eligible for Tax Audit?

the company closes its GST on 31.3.2018 but filed NIL returns up to 31.3.2019
one of the suppliers had amended the company's invoices in April 2019
now the question arises as follows-
a. whether input will be reflected in 2A in 2017-18 since the amendment by the supplier in 2017-18
b. the company had closed its GST reg with effect from 31.3.2018 but filed nil returns up to 31.3.2019
Kindly clarify

IS CSR EXP. IS ALLOWED AS EXPENDITURE.

IN WHICH A/C CSR EXP. DEBITED TO PROFIT AND LOSS A/C

ITR FOR AY 2019-2020 FILED AND E VERIFIED IN FIRST WEEK OF JULY 2019 BUT NOT PROCESSED SO FAR .STATUS SHOWS E VERIFIED SUCCESSFULLY. WHAT ACTION I HAVE TO TAKE , IF ANY. PLEASE ADVISE.
THANKING YOU IN ANTICIPATION.

Sir
I had recieved a total commission of 11 lacs from different persons through cheques in FY 2018-19. I want to know:-
1. what was the limit and who was liable to pay GST on it? Receiver or who is paying commission?
2. what will be the consequences if not GST not paid?

3. What is the limit of receiving commissions/brokerage this current year?
4. Whether I have to take GST No in this case.
Pl advise and reply all questions.
Regards

We being a company received an advance amount of Rs 800000/- (Tds: Rs 16000/- Net Amt: Rs.784000/-) from a party on 30.08.19 for rendering a service in Sep'19. However die to some unforeseen circumstances the service is not going to be rendered to the party. We intend to refund the amount to the party. We have booked TDS receivable of Rs.16000/- in our books & party has also deposited the same in govt account within the due date i.e 07.09.2019. My question is what amount is to be refunded to the party along with the requisite journal entries

Dear All,

If we have reported zero sales during April 2017 to June 2017 and during GST period (Jul 17 to Mar 18) our sales are Rs. 41 lakhs approx. But in books Pre-GST period sales are Rs. 1.62 Crore.
In this case did GST audit is applicable?

Thanx in advance

Hi Experts,

Please let me know whether we required to file GST 1 & GSTR3 for both 2017-18 & 2018-19 Financial Years?
We have been opted for quarterly basis in 2017-18 but in 2018-19 monthly returns have been opted.
Exactly I wanted to know what is the difference in filing GST1 & GSTR3?