Dear sir
We have taken excess credit of ITC of Rs 2500/- of IGST in GSTR-3B during FY 2019-20 and want to reverse the same in FY 2020-21. In this case am i liable to pay Tax through DRC-03 or not. Pl advice me proper treatment of this error in coming GSTR-3B etc.

Thanks

I have not filled return for the month of Mar'2020 and Apr'2020 ( GSTR3B & GSTR1)

My question is my eway bill will be block from 21/5/2020.

If yes what should I do?

Please reply on urgent

Sir, I want register firm in individual name. How to register sole proprietorship firm

A son has continued the business of his father after his death.Now son has obtained another GSTIN.No credit is available in the credit ledger of the father's GSTIN.How the stock of father's business will be transferred to the son's GSTIN.Shall tax invoice will be generated for such transfer or it is exempted as per NN no.12/2017 CT(rate) DT.28.6.17?

I had made an online payment of tax as per GSTR 3B net of cenvat.
But due to an online net banking issue the same didn't got debited so later the same amount was paid again and GSTR3B was filed.

Later, the earlier transaction which was done also got debited & the amount was standing in the cash ledger.

So, the above payment was made twice & one used in GSTR3B & other is left in cash ledger.

Can the above amount be refunded to the bank account on the pretex of twice payment wrongly made.

we as a NGO taken leaseline & PRI services from Tata Teleserices, which are bearing monthly charges as per our consumption. I just want to ask that is TDS deductible on that payment & under which section & rate of TDS ?

Sir,

If One of our customer has not paid GST Liability amount to us, What is the procedure to be followed in GST act. Following doubts are there,

1. If agreement shows, partly payment is to be transfer when the work done by percentage basis
2. If E-Way bill raised and material sent to the customer, they have received the material But they hold the tax amount
3. After material reached the customer not responding for balance payment transfer.

Kindly clarify?

Dear All,

Please kindly suggest your views relating to Input Tax credit in Asset Accounting:-

As per notification of the govt. After purchasing a Capital Asset, if we avail depreciation against it under Income Tax Act, ITC in GST is totally disallowed.
And then after certain year of use if we sale the asset we need to charge GST as a regular gst tax payer.

The resultant effect is that it is better to pay the GST without availing any credit just to avoid unnecessary notices & show cause orders from department. (Keeping in view of availing depreciation during certain year of use)

I am engaged in plastic manufacturing and reprocessing and already obtained Gat no. On that business now I want to surgical business trading item shall I do in same GST NO. Place of supply is same as of plastic business. HSN CODE IS DIFFER..??

Sir,namaste I purchased exempted goods paddy from Madhya pradesh state to our state karnataka.He made his sales invoice as this.
Party name:Buyers' name
GSTIN:Buyers' GSTIN
Purchase value:320330/-
Less:To Pay freight-Rs.43130/-
Net amount:277200/-
I paid lorry freight amount to transportation by trasferring the amount by neft through online rs.43130/-

Then how should i tkae journal entry in my books of accounts.Please guide me...