Dear Experts,

I have declared Following figures in GSTR-3B & GSTR-1 of FY 2017-18

SALES RS. 90,20,495/-
OUTPUT CGST & SGST RS. 24,18,868/-

INPUT CGST & SGST RS. 24,25,270/-

But later on It came to my notice that Actual Figures are less than that declared in GSTR-3B and GSTR-1. So I have filed annual return as per actual figure which is as follow:

SALES RS. 68,31,803/- OUTPUT CGST & SGST RS. 18,32,370/-

INPUT CGST & SGST RS. 18,38,774/-

Such difference is arise due to duplication of sales and purchase bills.

Please guide me whether any further action is required from my side to comply with GST Law? Do I need to reverse Input Tax Credit wrongly taken? If Yes than in such case how should I deal with Excess Output Liability declared wrongly?

Thanking You
Nirmal Dave

1.Material which are used for manufacturing the products are Raw Material.
2.Finished goods which are incomplete i.e., partial work done and further work is required to convert the same into FG are WIP.
3.Goods which are ready to remove from factory are Finished Goods.
these are parts of inventories, but how to know how many are WIP and Finished Goods

GST Credit note what is time limit to issue to reverse sales GST Output.

Dear Sir/Ma'am,
Actually, I want to some doubt clear with you, I have finalized my pvt ltd company books of account and My auditor have aleardy passed some provision entries in my books of accounts as on 31-03-2023(2022-23). Auditors have pass the the some provision entry in my books of Accounts.
Audit fees Dr. 100000.00
To Tds on Audit fees Cr. 10000.00
To Audit fees Payable Cr 90000.00
(Provision due for the year)
Please clear my point what is the releveance of entry as of now going of month october, 2023 and my auditor giving me the bill of Rs. 1 lac (no charge the gst in the invoice)
So, now this month What kind of entry passed in my books of account in this related provision and and which month & Quarter i deposited the Tds amount and return (2023-24).
can i have to file the tds return third quarter 2023-24 nethier 2022-23 quarter-4.
Please assist us for giving me the pratcikal example.
Please

Hi Friends,
In case a company receives a show cause notice from GST Authorities to appear before it and company authorises its finance head to attend the hearing.

Is it mandatory for the Finance head to produce the BR before the authorities or simply an authorisation letter is sufficient.

Can anyone please share a copy of the BR/Authorisation letter.

Thanks
PC Joshi

Hi

Kindly suggest how to claim gst refund of gst paid on insurance policies? As we are claiming these policies in 80 c in income tax but in gst as non registered dealer not claiming this amount.so what is procedure to claim gst refund of these policies or it is cost to policyholders?

Dear Experts,
1 The company delivers the goods through the ABC Logistics Pvt Ltd to their various branches,which are located various parts of the country.
2 The logistics company delivers the goods to the respective places.
3 The logistic company uses the surface mode and air mode to deliver the goods.
4 The logistic raises the invoice with 18%.
5 The query:
6 Whether the logistics company needs to raise the invoice for road transport and air cargo separately with different GST rate ie 12 % and 18 % respectively.
7 or they can raise the invoice with 18% only.
8 Pls clarify

Sir
my cash ledger shows on portal Rs 2610(IGST)+2790(CGST)+4500(SGST) but while filling return 3B credit only available Rs 900(IGST)+2790(CGST)+4500(SGST) difference of Rs 1710 more than actual liability
please guide how to resolve issue early as possible
regrads
Vikas

If consulting firm registered in India and earn money from foreign institute how much is the tax slab.

Dear sir
i have finalized the pvt ltd books of accounts but at the time of income tax return my auditor some expenses do disallowed and adding my profit.
can u sugest if anyone how i pass the journal entry for disallowed expenses with example basis if m not do for that then my balance books of accounts profit nd loss account and balance sheet does not match with the audited balance sheet .
pls suggest the journal entry for disallowed expenses in my books of accounts