Please refer your reply dated 13.01.2018 .Sir ,In case wrongly excess ITC has been claimed in GSTR3B of any month by any registered person and person wants to Reverse the excess ITC wrongly claimed by him and net it of with subsequent month ITC in GSTR 3B TABLE 4B(2). Sir I had a experience that in case due to reversal Net ITC of subsequent month comes negative ,then GSTIN portal does not show the correct figures of GST liabilities.

Dear experts, During providing a service in portress, if we make expenses to take port pass to the workers of service providers on behalf of a company, and if we get reimbursement for that by raising a debit note, 1) whether we have to add GST for that? 2) Is so, what is the rate of get? 3) How should we show it in gst returns? Earliest reply would be greatly appreciated. Thanks in adv. #Maya.

Hi sir,
In f.y. 17-18 Car is sold by me. Plz tell me what is the impact in GST of car sold.

Thanks in advance. Plz tell me as early as possible.

A manufacturer paid input tax of Rs.64 for the Raw Materials purchased. In a month he did a sale worth Rs.500, of which 60% is exempted. Assuming GST rate at 18%. How much is the input tax credit can he claim?
a. 64
b. 28

LIC PAYMNET IN WHICH CATEGORY IN BALANCE SHEET OF ITR IS SHOWN...

AND KISAN VIKAS PATRA INVEST IN WHICH SHOW
IS I CAN GET DEDUCTION FOR KISAN NIKAS PATRA

Dear Sir Our (Reg. under GST) income source is Sponsorship fee. We raise invoice for sponsorship fee plus gst but our client(Reg. under GST) said that he will pay gst. So we raise invoice for Sponsorship fee without Gst. In such case how to show such invoice detail in GSTR-3B & GSTR-1.

GSTR-1 of November 2017 has been filed on 13-01-2018 (Late filing by 3 days) and that too just because of technical error on GST Site. Can anyone share with me please on this issue whether any penalty on late filing by 3 days shall attract any penalty? Delay has happened because of technical error on site. Had it been perfect, wont have been delayed.

sir i have started new business on 10/07/2017 and i have purchased goods with nill rated tax like food grains, i have several purchase bills and sales bills starting from 12/07/2017 to 31/12/2017
i have obtained GST no on 11/12/2017.
my question is that, while log in to the GST portal in dash board it is showing only for month of DECEMBER
pleas let me know which invoices should i show in GSTR-1, 3B

sir pleas help me with your valuable feed back

thanks in advance

FD rate and savings bank rate of interest is almost the same these days . From tax implication point of view which is more advisable ?

Facts: The bank on the basis of audit objection before finalizing Final Accounts, made entry in the books for F.Y. 2016-17 in july, 2017. My question is that: 1) Since final accounts pertains to F.Y. 2016-17, then bank has to make entry (even the entry is made after balance sheet date) on the last date of balance sheet date i.e. 31.03.2017 as it is related to the F.Y. 2016-17, 2) If it is made after balance sheet date i.e. in july, 2017 for F.Y. 2016-17, then how auditor can say that books of accounts for F.Y. 2016-17 are in agreement with final accounts as it is actually not since entry is made after balance sheet date.
Please post your opinion.