what is provision of
ineligible ITC under section 16(4) and ITC restricted due to POS provision.

Query: ITC Availed & Utilized on Supply from Non-Existent Firms
We had availed and utilized Input Tax Credit (ITC) on supplies made by non-existent firms. Before the issuance of the Show Cause Notice (SCN) under Section 74 of the Act, we voluntarily paid the full tax liability, partial interest, and a penalty at the rate of 15%. Subsequently, the SCN was issued, to which we duly furnished our reply.
Following this, a DRC-07 order has been issued, demanding interest under Section 50 and imposing a penalty equal to 100% of the tax amount. However, if the penalty is paid within 30 days of receiving the order, it is reduced to 50% of the tax amount.
Our queries are as follows:
1. Penalty Liability: Since we had already made a voluntary payment of penalty at 15% before the issuance of the SCN, are we still liable to pay an additional penalty of 50% of the tax amount as per the DRC-07 order? Or is our earlier payment sufficient to discharge the penalty liability?
2. Interest Calculation under Section 50:
o The transactions in question took place in May 2018, and the corresponding GSTR-3B was filed on July 20, 2018.
o The full tax liability was settled on September 15, 2021, through DRC-03.
o In this scenario, should the pending interest under Section 50 be calculated from July 20, 2018, to September 15, 2021 (i.e., until the date of tax payment)?
o Or will interest continue to accrue until the present date?
Kindly provide clarification on the above aspects.

HELLO, my query is> dealer A sold goods to B but bill recorded in C in R1 in 20-21. How to reverse this. Can Credit note issue to Dealer C for reverse. Since itc benefit got C, but original buyer is B. Is there any other way to reverse. Can interest be added in Credit, as C benefit ITC for 4 years.Learned experts opinions are sought..Thanks

Hi All,
Below are few queries related to self invoicing:
1. When self invoice is prepared is it to be issued to someone?
2. Suppose one is taking services in one or two instances in a month from the same unregistered supplier, can only one self invoice be prepared for that particular month mentioning all services from that particular unregistered supplier?
3. sponsorship service is taken from a registered dealer . RD has issued an invoice without GST amount mentioning RCM is applicable.
Does self invoice is still to be prepared, as RCM applicable service is availed from REGISTRED dealer?
Thanks & Regards.

One of my GST client had expired during Feb.2025. Can his assistants/relatives file his pending GST returns ? Because many pending transactions (Sales) are to be executed at all cost.

Hi
GSTR9 is not applicable
1) wrongly claimed Ineligible ITC of Rs. 100 in FY 2023-24 - Q- how to reverse this now ?
2) out of Rs 100 - availed 60. later paid 60 but not reported in 3b, accumulated in Cash Ledger (ECL) - so can i reverse this 60 and pay through cash ledger - while filing Feb 2025 GSTR3b or file DRC 03?
3) if i just reverse 60 - what about the non-availed 40 which is still lying in Electronic Credit Ledger?
4) Do i have to pay interest @24% (Reversal of ineligible ITC) on Rs 60 ? & Late payment of Interest @18% on 60- BOTH 24% & 18%?
Thank you

1. Can GPA be used as proof of principal place to apply GSTIN, can a GPA holder apply GSTIN in his/her name will this be valid ownership proof?

2. Can a GPA holder give NOC to other person as an owner to apply for GSTIN?

Purchased tarpaulin covers for agriculture research can we claim ITC for the same as we are Agriculture Research Institute

dealer did not record this import (from out of india) in books till 2025. he now in feb 2025 recorded in books this import purchase , as a prior period error.

it is showing rightly in 2b since feb 2023.

so, can igst be claimed now? bill is of feb 2023.

my view-- as not recorded in books earlier, why cant he claim now?

I have updated contact details on GST portal yesterday...it was approved today...but at the time of reset of password on E way bill portal OTP is not generating on new phone number....i clicked on update from GST common portal but nothing changed....how long i have to wait to get it updated on E way Bill portal?