We had filed the Export sale (IGST paid) in GST 3B (February)at table 3.1(A) instead of 3.1(B)...
Kindly suggest is there any way to rectify it

Hi sir,

My client has failed to pay advances taxes. Tax audit is applicable to him.
In the last month i.e, August we have calculated taxes along with interest and payment is made. But return filing is pending . Now when i see in java mode, 234B and 234C is calculated again.

Should the interest be paid again?

How is interest calculated? Is it till the date of payment or till the date of filing?


Thank you in advance.

As per the understanding of GST a registered retail dealer can avail Excise Duty paid on his purchases from the manufacturer using the Transitional Credits. As the dealer is a retailer during VAT regime he didnot avail the Excise duty and the same is included in Purchases. In GST even retailer can utilize Excise duty is my understanding.
So as per this we have taken Rs.1,50,000/- as transitional credits which we got in CGST.

My question is what is the entry in books of accounts to give effect to the same .

HI,
WHAT IS THE DIFFERENCE BETWEEN PROFESSIONAL TAX AND PROFESSIONAL TAX PAYABLE
AND WHAT IS THE JOURNAL ENTRY FOR THE SAME.

Sir,
I got the Message my Provisional Id of GST has been canceled .Apply for the new GST number, as a contractor i got bill in the month of nov 17 to mar 18.If i have to apply for new GST than how can i submit the GST for last year .

Please guide.

i have purchase invoice issued on 30-month-year(last day of month) but goods is received in first week of next month.
whether i am eligible to avail the credit of such invoice in the month in which invoice is issued or in next month.

I FILED 3B FOR JULY 2018. AFTER FILED I FIND I MADE A MISTAKE IN ITC ACUALLY ITC CLAIM OF RS.1000 (IGST) WAS WRONLY CLAIMED IN CGST (RS.500) AND SGST(RS.500) AND IN IGST IT WAS NOT TAKEN. AND PAID THE BALANCE TAX LIABILITY. NOW MY QUESTION IS WHETHER I NEEDED TO REVERSE IT IN AUGUST 3B AND TAKE IGST IN AUGUST 3B. AFTER THIS EFFECT MY AUGUST MONTH GST LIABILITY WILL NOT CHANGE BECAUSE 1000 REVERESED ADDED TO LIABILITY AND 1000 IGST TAKEN AGAIN REDUCING FROM LIABILITY. SO WETHER I WANT TO REVERSE THE WRONG VALUES OR TREAT THE CORRECT VALUES IN LATER GSTR 2?

Hey Everyone

There is a company named XYZ. At the time of Audit it is observed that, company has shown nil rated taxable supplies both in the bill wise details i.e. b2b sales(Table 4) and Nil rated supplies i.e. Table 8. It thus resulted into doubling of total turnover.
What correction step can now be taken?

Dear sir/madam

I want to file cost audit 12-13 for Pharmaceutical company now so can u suggest me the format of cost audit report

can u confirm that can i go with cost audit rules 2011 for FY-2012-13

Please clarify sir.....

Thanks in advance

Sir / Madam,

We have procured Raw material from a supplier in July 2018 end. We tested the quality parameters and found not suitable to our production. Hence we returned the material in August 2018 along with a Debitnote for the entire bill amount.

The supplier has shown his sale bill in his GSTR1 return and reflect in our GSTR 2A.

As we are like to show the inward entry(purchase) in GSTR 3b and Outward entry (purchase return) in Debit note / credit note tab.

Now we have tried to enter the Debit note which we have made for rejection in the Debit note/ Credit note tab in GST site. It shows an error processed with error and we again tried to modify the entry, The site shows an error counter party of invoice or debit/.credit note are different. We assume that the return period of ours and our supplier is different. We enquired the supplier they replied they are not entered the return entry in their return till now i.e 10 Aug 2018.

Kindly suggest / advise what would be the correct procedure to tackle this issue?
What would be the consequence when we did not show both the entry in our return (for purchase and purchase return)?

Kindly advise us the correct way to solve this issue.

Thanks in advance,

with warm regards,
Bazeer L