It is common practice that FMCG operates scheme/discount on products through its distributors to retailers. This discount is given by making deduction from the amount of product and then after GST is charged in the bill . These discounts are not declared at the time of supply nor is subject to a particular supply, supplier does not reverse it's tax liability for this discount and issue distributors a credit note for the amount passed to retailers through distributors invoice. Distributors debit this amount to supplier and show it at credit of p&l Ac. Is the distributor liable to pay GST on this credit notes. If yes ,under which section and with what rate

I used the SAC code 998898 for Job work of Ms fabricated material instead of SAC code 998873 in multiple E Invoices. What is the penalty for that mistake?

Generated an e-invoice for a tax invoice that includes both 5% and 0% rated items. However, for GSTR-1 reporting, the 0% sales need to be declared separately in Table 8, while the e-invoice data will be auto-populated in Table 4 as taxable supply. Reporting the 0% sales separately could lead to a mismatch with the auto-populated e-invoice data. Since issuing separate invoices isn't feasible for us, I would like to know if manual adjustments are allowed. Specifically, after the e-invoice data is auto-populated in Table 4, can I manually shift the 0% rated supply to Table 8 in GSTR-1 during filing, even if this results in a mismatch with the e-invoice taxable value?

Dear Experts,

Kindly share your views on the below described issue with notification/circular/case study:

Mr.X having all his business and registration in West Bengal owns a residential property at Odisha.
The mentioned property rented out to Mr.Y registered company of Odisha as residential property used for residential purpose only.
Mr.X have no business in Odisha. Total revenue earned form Odisha is below Rs.20 lacs and no tax liability is arising in Odisha.

What will be the applicability of GST in the above mentioned scenario? What tax will be recorded in Tax Invoice from Mr.X?
Will it be IGST (RCM) or CGST-SGST(RCM) in the hands of Mr.Y?

Thanking you in advance for your opinion.


Applicable Tax on Residential Property Situated in Different State

Respected Colleagues,
As per latest amendments in GST, If GST holders under composition scheme paid rent to Unregd person on commercial property is liable for RCM 18% on rent?? if yes, then effective date or Month??

WHAT IS THE RENT PAID THRESHOLD LIMIT
LIABLE TO PAY TAX UNDER RCM

Dear All

Please note we have to bill certain FOC items to party. Can we do the invoicing only with those items showing Zero as taxable value for the entire bill? Issue occurred as other items in the order was already sent with another invoice and FOC items we had no stock during that time.

Thank you in advance

I have attached letter for extension through ASMT-11...yesterday was the last date...now i want to submit reply of the notice but ASMT-11 is blocked...what to do?

PLEASE ADVICE ME HOW TO SHOW CREDIT NOTE AND DEBIT NOTE IN HSN INWARD OF GSTR-9
WITH THANKS

Hello GST Experts
My friend is running CBSE higher sec school under Charitable Trust. He is collecting Tuition Fee, Notebooks Fee, Stationery Fee, Sports Day Fee, Children day celebrating fee from the students. He is providing all mentioned services to the children against collecting the fee. Here, GST authorities are asking to pay GST for all fee collection except tuition fee. Some articles were mentioned charitable trust running schools no need to pay GST.
Kindly clarify my question along with the notification