I am providing recycling services of metal scrap.
So which sac code should be mentioned 9988 or 998941??.
Basically, company send metal scrap to me. After recycling of that scrap, i send back to the same company.

"Subject: GST Liability on Unfulfilled Supply and Converted Loan



I had given ₹18 lakhs to a GST-registered supplier for goods supply, but they failed to deliver the goods. Instead, they returned ₹6 lakhs and converted the remaining amount into a short-term loan. Since the supplier didn't fulfill the original supply agreement, I'm concerned about the GST implications.

Please clarify:
1. Is the supplier liable to pay GST on the original supply amount?
2. Does the conversion of the remaining amount into a loan affect the GST liability?
3. As a recipient, do I need to reverse any Input Tax Credit (ITC) claimed earlier?

Dear sir,
I have received intimation order for the year 2008-09 tax demand 63000/--but assessing authority wrongly assessed, they not to taken exemption like HRA and 80c exemptions, writnow I'm retire in income tax portal showing demand what to do in this situation pl help me

Dear Members,
In GSTR 9, Table 6 new row Table 6A1 ITC of preceding financial year availed in the financial year (which is included in 6A above) is shown, now if my ITC is of 31/03/2025 shown in GSTR 2B in F.Y. 2024-25 for April month & claimed in April 25 will it be reported here. In short Table 6A1 ITC of preceding financial year is what? is it ITC reflected in Previous year GSTR 2A/2B/8A and availed in current year or just ITC for invoice of previous year availed in current year.
Please Clarify

Section 194I is not showing in section list of TDS rpu of a company assessee. Only 94IB showing. What should be done.

Respected Colleagues,
In the books of client, business started in dec 2024 and office rent 78000/- per month till March total rent Rs 312000/- , No turnover in the business in FY 2024-25, So now we want to file Tax audit report u/s 44AB(e) to carry forward our business expenses to next year,
Now my ques is, all the rents from dec to march 2025 paid after march 2025 and TDS not deducted on it, So in TAR when we disallow in clause 21, there is a column states ''DATE OF PAYMENT'' of rent, but there was no payment made in FY 2024-25, all the rents in payable position, So how we deal in this position

Please advice

IN LAST YEAR IF TDS IS CARRY FORWARD BY FILING UPDATED RETURN, TO CURRENT YEAR, THEN IN CURRENT YEAR BY ADDING LAST YEAR TURNOVER, THAT EXCEEDS TOTAL TURNOVER OF THIS CURRENT YEAR THEN CAN WE CLAIM SUCH TDS IN CURRENT YEAR?

Due date for return of company (only statutory audit is conducted) and LLP (only statutory audit is conducted) is also extended for 10th November, 2025?

Show how a import purchase entry in tally prime with example

Dear Experts,
I am registered taxpayer in Delhi and I am wholeseller of electronic items. I paid commission to an individual residence of Maharashtra. So, Please confirm under which head IGST or CGST/SGST RCM will be paid ?