I need some clarification, I have filed CMP04 after notification 02/2022. But after March 2022 I had 200000 ITC, and I have not claimed any ITC since April 2022. Can I offset ITC of 200000?
While I have chosen the slab of 6%.

Can a company issue sweat equity shares for services to be received in future? Kindly quote with section

Dear please guide me to understand the meaning of turnover.

Our client is a goods transport agent business.

The client acts as an agent but he receives the amount from the company and from that he pays the truck owner and keeps his commission in his hands(Bank).

(Eg. My client received Rs. 10000/- from X Ltd and out of it he pays Rs. 9000/- to Mr. A (Truck Owner) and keeps Rs. 1000/- as commission.) also note that he has not issued any bill to X Ltd.

My question is what amount should be considered as turover while calculating its turnover?

Rs. 10000/-
Or
Rs. 1000/-

We have purchase return for that made DEBIT NOTE
So, for DEBIT NOTE ITS REQUIRED TO GENERAT E-WAY BILL ?

Thanks.

if an individual person registerded under gst in one state with turnover app. Rs 1.16 cr. and partner in other firm in another state with turnover Rs 1 cr app. Cash entries is more than 5 % in both.
His ITR will be audited or not?
how can club turnover because he is 50% partner only in other firm?

Hello sir/madam
1. Is it compulsory to report debit notes in GSTR-1 even if supplier already reported them as credit note.
2. if we report Debit notes in GSTr-1 it would be added in my sale in 3B and increase my tax liability and at the same time Credit notes reported by the supplier would affect 3b and reduce my ITC.
plz confirm

Dear sir.,

if i am check to our bank rate of interest for monthly kindly provide any example formula with excel , my id -->sathishrajaj@gmail.com

An India Company provides professional services to USA based co. in USD, the POS is in India (Remotely) no physical Establishment in India of the recipient.
how should it be transacted-
1) Export of Services under LUT without payment of taxes - in the absence of registered establishment of recipient in India.
or
2) Export of Services - under IGST in USD.

Am planning sell my flat which is purchased in 2003. Whatever the LTCG , can I invest this amount as joint owner with my wife in new house property?. Cost of the new property is 2 times of my LTCG.

I was on student visa since dec 2021 working abroad and getting salary around 20lakh since then and did not come to india for any visit . Please tell my residential status and also if i am liable to tax if i have not visited to india in 2022-23 fy .