Dear Sir/Madam,

I am writing to seek your guidance regarding an issue I encountered while filing my GSTR-3B. As per the recent notification regarding the Reverse Charge Mechanism (RCM) on rent payable, I manually calculated and paid the applicable GST and entered the details accordingly in Table 3(d) and Table 4A(3) of GSTR-3B.

However, after submitting the return, I received a message stating:
"Please note that upward variance with the auto-populated input tax credit values is in contravention to Rule 36(4) of the CGST Rules, 2017."

Could you kindly advise on the appropriate steps to resolve this issue and ensure compliance with the regulations? Your assistance in this matter would be greatly appreciated.

Hello,
I have an ITC, which I don't want to claim now, I may have to claim after 1 month or 6 months or after a year. How do I do it in GST?

Sir, If my wife earns some amount from mutual fund withdrawals and purchases a house jointly with my son, where the loan is taken by my son, can she claim the benefit of exemption from capital gains tax under Section 54F?

I am planning to buy a property located in Chennai, value being negotiated is Rs.80lacs. Seller is an NRI. I would like to know

a) the applicable TDS rate for the above transaction? Surcharge & Cess as applicable. I would like to know base TDS rate.
b) I read couple of responses in this forums and understand that Indexation benefit is not available for NRI. does this impact the TDS rate?

IN CASE OF RESIDENTIAL REDEVLOPMENT PROJECT, A PERSON GONE TO ANOTHER LOCATION FOR RESIDENTIAL PURPOSE FOR WHICH SUCH PERSON PAY RENT AMOUNT FOR THE SAME TILL SUCH REDEVELOPMENT PROJECT COMPLETED AND SHOWN SUCH RENT AMOUNT AS EXPENSE IN DEBIT SIDE OF PROFIT AND LOSS ACCOUNT. SO, GST RCM APPLICABLE ON PAYMENT OF SUCH AMOUNT SHOWN AS EXPENSE IN PROFIT AND LOSS ACCOUNT?

I left my job with an Indian company and joined an US affiliate. The US company offered me a salary and a signing bonus. The signing bonus is not a part of the employment offer letter but a separate letter saying that i have to return this if i leave within one year. Later, it was decided that the signing bonus will be paid from Indian company payroll. Since it is paid from indian payroll to my indian bank account and not a part of the offer letter, Is it indian income or foreign income?
It was not reported in my US tax w2 and the indian company told me that it was documented as employee bonus in indian company records.

An Indian startup company has developed a sales related software in Nepal. This startup is tax exempted in India.

As per IT ACT of Nepal , tax of 15% was deducted on payment made.

As per clause 23 of DTAA between Nepal and India, tax credit can be taken for tax deducted in Nepal.

Question here is
1. Tax deduction of 15% is right?
2. Even if the Indian company is an start up tax shall be deducted at the rate of 15%
3. What happen to tax credit as the company in India is tax exempted company.
4. What is the credit taking mechanism if any

Thank you in advance

Hi

I am providing export services outside India. Can I claim Input credit of the purchases done in India for providing export services.

Dear Experts,
Please guide me on below mentioned condition:-
A is a registered person under RCM (A can be Proprietor or a Company). Business of A is of Work Contract nature. So, A pay rent to different unregistered landlord for the purpose of stay of his employees. Here property is residential.
Will RCM be paid by A ?
Hope my question is clear to you and you are requested to please share notification number of GST in reference of your response.

Salary arrears received from FY. 2022-23 and 2023-24 in May 2024
IT filed in old regime in FY 2022-23 and in FY 2023-24 also in old regime .Now the question is when taking section 89 calculation can we calculate FY 2022-23and 2023-24 in new regime .