We are from washing [job work] division. We are receive every month purchase input ITC value for excess. So far we have not paid a GST. Whether this is the right method, there are no problems in the future
21 November 2018
Ok thanks for your kind co-operation. And, moreover i seen the video & i know understood the basic of gstr9. if you don't mind further any doubt i draft a message sir..........
18 March 2019
Dear experts, Good morning to all... We are production to readymade garment division. And, we are sale to the product of domestics & exports with LUT [without tax]. But, we are purchase the raw materials & job works only for domestics. And, moreover my question is “what is the procedure of INPUT ITC for domestic sale?". Because, Experts sales products raw materials are domestics purchase. Kindly clarify.... But, we are not maintained for purchase of domestic & exports for separate. Because, both of domestic & exports purchases & job works are mingled.
That means for the month Rs.100000/- credit ITC FOR total raw material. We are domestic sold Rs.21, 00,000/- @ 5% GST for Rs.105000/- And, Export sold Rs.50, 00,000/- without tax for LUT. So, how this problem solve? Kindly clarify sir...
19 March 2019
total sales = export sales + domestic sales = 50 lakh + 21 lakh = 71 lakh. If the ITC of 1 lakh is for total sales 71 lakh, then how much for 21 lakh? = 1,00,000 X 21 lakh / 71 lakh = Rs29,577
20 March 2019
Ok sir.. But, for example you are mention the calculation of value in ITC Rs.29577/- How is mention the GSTR3B for inward ITC. That is, we are mention IGST or CGST or SGST [or] equal ratio????
That means, for example... we are mention that GST3B in equal ratio for the following: inward IGST - Rs.9859/- CGST - Rs.9859/-, SGST - Rs.9859/- Then, we claim the balance amount of Rs.100000-29577 = 70423/- the same ratio. [ IGST Rs.23474.30/- CGST Rs.23474.30/+ SGST Rs.23474.30/-] If yes ... how is possible sir.. because CGST ITC for only Rs.25000/-, but the above format totally for CGST [9859 + 23474.3]
I have take the calculation for that above method in one part of ITC. But not confirm filed in returns. Then, balance ITC for you’re told for refund method. But, not possible in gst portal. Because, we have received the following error in gst refund section ." Error : Kindly file refund application for July,August,September,October,November,December,January,February,March 2017-18 and April,May,June,July,August,September,October 2018-19 before filing refund for November 2018-19."
23 March 2019
ok sir, i take month wise data for ITC & SALES. But, i think need only for export sales month ITC only calculation ratio. Its correct sir?????
23 March 2019
ok sir, i had that ITC for month of export sales for fully claimed in nov & dec month. So, i have revised that ITC for coming month of march. But, how is method filling sir?????? because, i had already try the above calculation, but i will received some error that following: " Error : Kindly file refund application for July,August,September,October,November,December,January,February,March 2017-18 and April,May,June,July,August,September,October 2018-19 before filing refund for November 2018-19."
CAclubindia
