We have given contract of Rs. 61000/- for Canopy work for our office.50% advance payment made Rs. 30000/- balance to be paid whether the TDS need to be deducted or not

Dear sir,
I am working in Manufacturing company, some of the contractors not mentioned their sales in their GSTR-1 for the month of Oct-17 and Dec-17 & Feb-18 and GSTR-3B filed as a nil return upto Feb-18. we have taken GST Input our books upto Feb-18 nearly 3lakh and when we asking to submit the GSTR-1 & 3B for verification they are failed to submit the returns and they are filed nil returns.
So it is possible to contractor can show the all pending sales invoices in GSTR-1&GSTR-3B in March-18 return with interest and late fee.
Please give your valuable suggestion in this regards.

Hi All,

Good Afternoon,

As you know that RCM has been abolished from Oct 2017. Now It's applicable only on GTA Services, Financial Recovery Agent, Insurance Agent, Advocate Services, Director Service.
We are getting International Services from Google and Facebook etc. Kindly confirm the reverse charge liability is applicable on these import import of services from Google, Facebook etc.
Thanks & Regards
Sandeep

ONE OF MY FRIEND RESIGNED DIRECTOR IN THE PVT. LTD COMPANY. ONLY HAVING 20% OF THE SHARE CERTIFICATE. PLEASE LET ME KNOW HIS RESPONSIBILITIES CONTINUES OR CEASES FOR CURRENT LIABILITIES AND LOAN LIABILITIES AFTER RESIGNATION AS DIRECTOR IF HE HAVING SHARE CERTIFICATE.

KINDLY INFORM ROC FORMALITIES AND ALSO ANY INTIMATION IS GIVEN TO SUPPLIERS/BANKERS.

REGARDS
S. RAVICHANDRAN

Pleas let me know a tax payer can availe ITC on SOLAR PANNEL POWER SYSTEM IS PURCHASED FOR OFFICE AND FACTORY electricity supply, can we avail credit on this

We have taken registration in February 2018 of GST with date of liability from 19.12.17. Vehicle seller has filed its GST 1 with our GST NUMBER. But when we are going to file our GST return, our portal is not displaying purchase detail of December 2017 as we get registration number in Feb. 2018.
Acc. to me GST portal should display our inward supply details from date of liability and not from date of registration. But it is not so. It is showing from date of registration.
What is the solution of that. Please suggest.

ITR 1 is auto calculating deduction limit on home loan under 80 EE. but limit is 200000. please clarify

Dear Experts,

We have filed GSTR-3B for the m/o July-2017 as per below GST details :-
OUPUT INPUT
IGST 301878 22328
CGST 4249 105839
SGST 4249 105839

IGST Payable 73670 deposited in cash & filed GSTR-3B

But actually it is :-
OUPUT INPUT
IGST 301878 109100
CGST 4249 62453
SGST 4249 62453

But IGST Payable 73670 is same. Is there any complication in above situation
which we have to face during Audit.

Should we go for change in March-2018 GSTR-3B as we have not filed yet because
of this reason or go for change in FINAL RETURN.

I humble request to all the experts, please help me.

Rakesh Sharma

GSTR 3B for February, 2018 was filed wherein Taxable value of Sales and GST liability were understated erroneously. Please guide how to rectify the mistake. Also let me know consequences of such errors.

where the registered taxable person wants to claim depreciation on the tax component of the cost of capital goods under the provisions of the income tax act 1961, will he show the tax component on capital goods in gstr3b.