dear sir, i have availed some wrong input in 2018-2019 feb. and reverse the same in 2019-2020 feb. through gstr-3b.is their any time limit for reversal of input?i have already full balance in my credit ledger and payable is nil till reverse of input .is still int. payable?
with thanks

sir I have completed 3 years in June 20 from the date of sale of land and could not purchase any property. is there any option for not paying tax at the rate of 20 percent.
can i buy ready build old flat now, is there any extension in time to buy a flat.
I am senior citizen having professional income I want to know if advance tax applicable to me on this long term capital gain

A K GUPTA

Respected Sir/Ma'am,

In case any assessee have a GST Number under proprietorship and after some years when he change his business constitution and change into the partnership from proprietorship and when GST Number Applied for new Firm at that time he register his gst number as a transfer of old gst number.

In this condition my Question is that when Old Gst Number is transfer in new gst number after then can the partner (was proprietor before partnership) ue his old gst number for business ??

A gst registered regular scheme difference between gstr3b vs gstr 2a for purchases in 19-20.
Purchases input credit claim Rs:89,00,000/- as per gstr3b(books)
Purchases input credit claim Rs:95,00,000/- as per gstr2a.
Question:
Dealer different purchases amount how to adjustment producer in 19-20.

Kindly advise how to apply TCS under section 206C(1H) in case of sales return received:-
1. Against sales made after October 2020.
2. Sales completed and consideration received after October 2020.
3. Sales consideration was received with TCS and deposited to the department.

from 01st October 2020 TCS is applicable whose Agreegate Turnover more than 10crore or individual customer whose sales exceeding 50 lakh April to Sept but now our TO is more than 10cr but no one customer whose sale is exceeding 50 lakh then what will be TCS criteria.

And from 1st april 2021 it is compulsory to collect TCS from everyone

what is provision for TCS on foreign remittance.
please explain in brief.

Dear All,

Greetings!!!

We have been engaged by a company to supply only labours (pure labour supply to manufacture) on daily wages basis and we are registered with GST along with ESI and PF.

Would appreciate if we get a suitable guidance and clarification to a situation that we are facing presently regarding understanding the applicability of GST. In order to explain our issue, wish to elaborate as follows:

a) The labours would be paid daily wage around @ Rs.310/- per day
b) ESI would be @ 3%
c) PF would be @ 12%
d) Bonus would be @ 8.33%
e) Additional/Extra labour supply (if any) @ Rs.310/- per day
f) Service charges would be @ 15% (including e but not including b, c & d)
g) Finally, we raise the Invoice to the company @ 18% GST incluidng ESIC, PF, Bonus, Service Chages & Extra i.e. a to f above.

Is above our GST working is correct? As the company is asking to charge the GST only on service charge part.
We would be highly grateful if a clarity / guidance is given to us at the earliest please.

Thanking you all in advance.

Tejas Gandhi

I have inadvertently added a challan as of Rs 3 Lacs u/s 94-C in TDS Return 26-Q for the Q-4 Fy 19-20 instead of showing in TDS Return 26-Q for the Q-2 Fy 20-21. Please let me know how to shift the said challan from TDS Return 26-Q for the Q-4 Fy 19-20 to TDS Return 26-Q for the Q-2 Fy 20-21. I shall be highly obliged to you sir if you please kindly guide me in this connection.

Our Company's Primary Authorized Signatory Expired two months before. unfortunately He was single authorized signatory & its Digital Signature is also expired . Now we want to add another Director as an authorized signatory but while we try to submit the application through Non core fields there shows old authorized signatory details for approval and we unable to submit application. We also visited to our Jurisdictional Office for resolving this issue but their application is also got rejected by GSTN Portal. We also Have raised grievance on GSTN Portal but our issue is still not resolved. Due to we are a Company We cant file Return through EVC Option. We are in deep trouble. any one have face this type of issue? expert please suggest possible way to resolve this issue.