whether late filing GSTR-1 & GSTR-3B attract interest at the time of filing , if attracted whether interest can be discharged by available ITS
Answer nowIn one of our GST party, transportation service is providing by Ship/Boat, but it is provided by service A Lakshadweep to B Lakshadweep, please inform to us that What is the applicable GST Rate for that service??
Answer nowDear Sir,
please guide whether ITC 04 for NIL value has to be filed if no transactions are there for Apr23 to Sep23 in our company. Requested to guide.
Sir,
I have a proprietorship firm registered under GST and having the DSA of banks.
Please suggest for my services as DSA for the bank, the Invoicing done by me for the loan source for the bank, Can I charge the GST on the billing amount OR will it attrach RCM as per Notification No. 16/2018-Integrated Tax (Rate), Dated: 26th July 2018 which states "Services supplied by individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm to the bank or non-banking financial company"
Will the Sole proprietorship firm be treated as Individual OR can I charge the GST in the Invoicing
Regards
If invoice raised in 10.04.2024 but expense related to mar.2024 and we take provision entry of expense in mar.2024 against that invoice but question arise regarding GST RCM.
when will GST RCM entry will booked against that invoice when payment made to party in 10.04.2024 or in mar.2024 while taking provision entry of expense.
One of our clients erroneously added an extra '0' in the taxable amount when filing the GSTR-3B for February 2024 using ClearTax software. The actual turnover (T.O) reported under GSTR-1 was 22.00 lakh, but it was incorrectly filed as 220.00 lakh in GSTR-3B (table 3.1)
Although they can adjust the excess turnover under Mar,2024 GSTR3B by (-) excess T.O which is erroneously filed under Feb, 2024 GSTR3B but the T.O for the Mar, 2024 month is 13.00 Lakh, here they are not able to adjust the difference amount and also Table 3.1 is not taking (-) figures.
What we can do in this case ?
Respected Sir / Madam,
Is it mandatory for Purchaser to upload Debit Notes on GST portal?
if yes please reply to me with soft copy or notification.
I will be thankful for the response as this audit purpose matter.
Thank,
Hardik
SOME OF MY ITC SHOW IN PROVISIONAL LEDGER...WHY IT IS HAPPENED BECAUSE I CHECKED ALL MY SUPPLIERS ARE ALLREADY FILLED THEIR RETURN...PLEASE SUGGEST
Answer nowQ1.In Feb.24 GSTR-1 Rs.5000 was excess mentioned in exports due to wrong conversion rate. Amendment was done in GSTR-1 of March 24 in which exports were Rs. 500000. Now query is what figure in GSTR-3 B will be taken Rs.500000 or Rs. 495000. System Generated is showing Rs.500000 as exports in March 24. Please help. Further how to correct theGSTR-3 B of Feb.24 . Please advise.
Q2.Which conversion rate is to be taken for exports of services for accounting in books for GST purposes
MY CLIENT DOING THE RETAIL BUSINESS , THEY PAID THE SECURITY SERVICE CHARGES : 10000+18% GST , ONCE GST IS PAID THEN RCM IS APPLICABLE
Answer now
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Late filing GSTR-1 & GSTR-3B ,