Respected Sir,

I have purchased exempt goods (printed books) from unregistered supplier. I am a composition tax payer and supplying both taxable and exempt goods. How to show exempt goods received from unregistered parties in Table No.4C of GSTR-4 Annual Return:
(1) RCM applicable- No-Value of supply; or
(2) RCM applicable-Yes-Tax Rate 0-Value of supply.

Which of the above method is correct? I shall be obliged for your kind guidance.

Thanks and Regards,
Purusottam Panda

A registered trader, who distributes FMCG items through van sales to retail traders. Can he use manual invoice under GST for the distribution of goods. For the goods which he is taking from warehouse to his van, how he can keep records. Please assist. /Thank you

Mr X purchased goods worth Rs.10 lacs from Mr Y on 15.07.2020 and subsequently sold the same to Mr. Z on 22.07.2020 for Rs.11 lacs. Mr. Z paid Rs. 1 lac through cheque to Mr. X and requested to adjust Rs. 10 lacs with account of Mr. Y as per consent given by Mr. Y.
Whether book adjustment made by debiting Mr. Y by Rs. 10 lacs and crediting Mr., Z by Rs. 10 lacs would fall within the provision of Section 3269ST as the section envisages payment through account payee cheque/draft or electronic transfer through bank. Here cash involved is just Rs. 1 lac.
Please advise. Thanks

Sir,
we are filing the return now for the period 2018-19.So want to know while putting provision whether we need to take only tax amount or need to take 234A,234B and 234C and 234F along with tax payable to be shown as provision.

Dear Sir,
I have applied a GST registration as regular on 18th August but today tax payer saying they want to convert himself as composition gst application approved by department as regular,
if i am applying to opt composition scheme gst site not allowing me to do this,
requested to you please suggest me how can opt composition scheme.

A Govt. company has awarded the work of legal consultancy to a Law firm. In the work allotment order it has been mentioned that fees is inclusive of all taxes and duties. Later the law firm submitted their bills for full amount of the contract value after completion of work. The applicable due service tax under RCM on invoice value was paid by the Govt. company to service tax and also makes the payment to the law firm after deduction of applicable TDS on invoice value.

Later, during audit the same has been found that the contract price is inclusive of all taxes. As such auditors has asked why the due taxes was not deducted from invoice.

Since the duty of payment of taxes is of the service recipient as such whether the organisation can claim the taxes paid as service tax from the service provider as because the same is mentioned in the contract allotment letter.

Dear Sir,
Please suggest us how to prepare provisional,estimated and projected balance sheet with an example. How it calculated.


Thanks

We are placing an import order on USA Software for customized and off the shelf CDs for up gradation of our systems. They will send CD thru' courier and not part with Intellectual property rights
What is customs duty=IGST obligation etc
Rgds
Jayanta

I am a housewife and want to start a new small business of selling goods in E commerce portals such as Amazon, Flipkart, etc. My husband is in a transferable job and we shift to various states every 1-2 years. So, I want to register my GST at my permanent address at a particular state. However, I want to continue my business from different states of my posting.

Please advice on the matter. I am a complete newbie.

Hi,
X is a Regular dealer and failed to post some of the sale invoices in both GSTR1 and GSTR3b, for the march month. what to do?