Dear Expert
I have a client who sells in the month of JULY 2019 Rs. 40,00,000(Taxable value=3389830.51 CGST=305084, SGST=305084) but due to some reason customer return the goods in the month of August 2019, and my august month sales is only Rs. 100000. And other issue is that my client total sales in the year 2019-20 is Rs. 12,00,000. The amount of tax was paid by my client through an Electronic credit ledger in the month of July-2019. Now my credit is blocked with my sales due showing in GSTR-3b in the month of July-19. And now my GSTR-3b show my total Sales 5200000 around but my actual sales is 1200000.
Question:-1 how can I take my input tax credit ledger balance back?
question:-2 how to rectify my sales figure in GSTR-3B.?
Sir, I am a retired central government employee who superannuated in June 2019.I had received 4 months salary. In my Form 16 from my office they are showing Rs 50000 as standard deduction under 16(ia).
I would like to know can I claim the standard deduction of 50000 under 80TTB and Rs 10000 under 80TTA both along with standard deduction under 16(ia) i.e Total Rs 1,00,000 while filing IT returns for the AY 2019-20.
can you please clarify.
Thanks and regards,
Q1.IS GST LIABILITY ARISE ON CONTRACT LABOUR SUPPLY FOR LOADING AND UNLOADING IN A MANUFACTURING COMPANY.
Q2. A PVT LTD COMPANY TAKEN SERVICE FORM LABOUR CONTRACTOR AND PAID AGGREGATE CONSIDERATION TO HIM RS 18 LAKH IN A YEAR, I THINK HIS TURNOVER MAY CROSS THRESHOLD LIMIT SO WHAT CAN WE DO IN THIS CASE.
PLEASE SUGGEST ME.
I have correctly reported the turnover in GSTR-1, but while reporting the same in GSTR 3B for the month of August, 2018, I have made an error and shown IGST liability as SGST. In view thereof I made excess payment of SGST.
Can anyone please tell me how the above transaction will be reflected in GSTR 9 and GSTR 9C of FY 2018-19?
whether GSTR-1 and GSTR-3B can be changed. after filing GSTR returns,
what is e -Way Bill,
when it is prepared,
what amount is required to Generate e way bill in the case of intra state and interstate,
what is time limit to avail input credit under RCM after payment made.
whether GST is applicable on Advance received.
While taking ITC, debit note amount has been wrongly added to ITC. So on reversal of it in next month, will interest will be charged?
what is time limit to claim GST input.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
EXCESS PAID GST THROUGH CREDIT LEDGER