Resolution for Taxpayers unable to reset and file GSTR-3B due to Error report showing “YOU HAVE ALREADY OFFSETTED GSTR-3B” when CESS liability is yet to be set off. Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST… Read More »
GST FAQ by Tweeter account of Govt of India dated 02-12-2017 Question 1: if excess ITC is shown mistakenly in 3B ,can we reduce next month ITC in 3B? Answer: Detailed circular is being issued shortly. Question 2: A company registered in Punjab and a one office in Himachal Pradesh where they have no Registration And… Read More »
GST FAQ by CBEC on 26.11.2017 Question 1: I was migrated as an assessee from the service tax law but under GST I have no liability since my business turnover is less than Rs. 20 lakhs. Am I still liable to file returns? Answer: yes, every registered person is liable to file returns. You can cancel… Read More »
GST FAQ Replied on 29.11.2017 by Tweeter account of Govt Questions 1. Sir I have started my firm under proprietorship but due to some reason I wanted to transfer my ownership but I could not due to new GST law it can not, kindly let me know what can be done ? Answer: You can transfer… Read More »
41 GST FAQ Question 1: Is ITC available on vehicle taken on lease for employee in a manufacturing company? Answer: No. It is not allowed as per section 17(5) of CGST Act, 2017. Question 2: We are dealers having more than 1.5 crores turnover. Whether GSTR-1 return to be filed for every month of July-October, 2017… Read More »
When will payments made through challans be reflected in the cash ledger? S.No. Mode of Payment When is the deposit reflected in the Cash Ledger 1. Online payment through net banking in authorized Banks On receipt of CIN from the bank. It is generally shared by the bank instantly but at times there may be… Read More »
Wrongly deposited amount of Rs. 16209 in CGST instead of IGST. How to get it back. Advise You need to claim refund of such amount. Necessary procedure being notified shortly. [ Refer Govt Tweeter handle account reply on 18.11.2017] Related Topic on GST Topic Click Link GST Acts Central GST Act and States… Read More »
Where to show unregistered purchase in GSTR 3B after 13th Oct 2017 Where to show unregistered purchase ( after 13th October 2017 ‘s notification no. 38/2017 ) in GSTR3B? Pl see table 5 of GSTR 3B. Thus these are to be treated as exempt till 31.03.2018 [ Refer Govt Tweeter handle account reply on 18.11.2017]… Read More »
GST ITC If I have two different business under same GSTIN no If I have a restaurant and marble trading business under same GSTIN no. Will I get Input Tax Credit of inward from marble business ? Input Tax Credit pool is for each GSTIN. [ Refer Govt Tweeter handle account reply on 18.11.2017]… Read More »
GST ITC on Reverse Charge Paid in Aug and Sep 2017 How to take GST Input Tax Credit on Reverse charge paid off for the Month of august 2017 and September 2017 as I forget to claim in GSTR 3b. Now GSTR 2 and 3 filing period has been deferred as it has to be … Read More »