Dear Sir / Madam,

I want to know, if we issue credit note for rate difference against export of goods which is made against payment of IGST.
Instance- we export goods for INR 1,00,000.00 and charged IGST 5000.00 that is refundable. After receiving the goods buyer issued a debit note equivalent to INR 10000.00, so we issue credit note for Rs. 10000 + 500 IGST for which we credit the account of the buyer for INR 10000.00 and debit IGST account for 500.00
In this instance we observe that we are taking benefit of ITC for INR 500.00 twice, as once we used against export of goods and get refund , other time increase the same through credit note.
Could you please advise how should we make the proper treatment of the GST in above case (against export)?

If we issue credit note without GST, the portal does not accept same as original invoice is issued against payment of GST.

a proprietor is yet to start who's turn over is nil, having GST Number.
Should any monthly returns be filed for GST. Is there any minimum amount payable monthly even if no transaction is done.

I HAD WORKED IN A MNC CHENNAI FOR 13 PLUS YEARS AND GOT MY PF SETTLMENT TODAY.
BALANCE AMOUNT IS CREDITED TO EPF PENSION ACCOUNT.
WHAT IS THE PROCESS FOR APPLYING THE PENSION SCHEME THRU ONLINE

Dear Sir,

I have received a notice from GST officer as NOTICE FOR INTIMATING DISCREPANCIES IN THE RETURN AFTER SCRUTINY.

While going through my GSTR-3B and GSTR-1 returns it shows that the amounts are completely matched apart from the Non-GST sales which I have mentioned only in GSTR-1 in the Non-GST column. My cleint is into Transportation business and in regsitered under Reverse Charge Mechanism. Hence he is not liable to pay any GST.

In GSTR-3B I have put the Sales amount in Nil Rated sales for the above mentioned person and in GSTR-1 I have mentioned the sales amount in the Outward Sales column.

Please help me how can this issue be resolved.

Regards,
Divyesh Jain

Usually, it has been the procedure to start educational institutions like Medical colleges in the form of societies, trusts or sec 25 companies (1956 Act ) . But my query is whether a Pvt ltd company can be established for running a Medical college which will be a tax paying company and whether MCI will permit that. If so, are there any such institutions in the country now running such colleges. This apart, what are the guidelines under GST Act on this?
Please enlighten me on these aspects and also the repercussions.

Hello Sir,

My Company could not fill AOC-4 during first 2 years of incorporation because the CA neglected but he filled MGT-7.
Now I can see the penalty is crossing 1 lakh rupees. CA also died last year so this negligence we got to know when we changed our CA. We filled after that everything on time.
May I know what are the solutions?
Is there any way to get some concession on penalty?

i am doing GST Filing for many clients, i have one doubt regarding RCM, many clients receiving services of RCM, please confirm whether i have to pay GST @ 5% by RCM on the services received by GTA or is there any exceptions to the same .

for ex: if i pay Rs 500 also , then RCM applicable please guide me in detailed manned with provision of GST act

We are planning to convert the existing LLP into Private Limited Company.

In the existing LLP, for fixed assets we follow the rates of depreciation as per the Income Tax Act,1961 i.e., on WDV. Individual asset value is not available.

Now, if the LLP is converted into Pvt. Ltd. , we need to follow the methods available as per the companies act. How to arrive the value of individual asset for assessing the balance useful life in this case?

If anybody know the process, please help.

If Supplier Updates October GSTR1 on 20th November and it is the last date of GSTR3b October. Can we Consider his ITC in GSTR3B? Please Clarify this

Sir,If a person is in employment during the period 1-10-10 to 31-03-12 (1.6 Years) in Company A and he is in employment during the period 1-04-12 to 30-11-2019 (7.8 years) in Company B.This Company B is demerged from Company A on 1-04-12. This Company B is paying Gratuity on 30-11-19 for the Whole Period of his Service(i.e., 9.4 years) in both the companies.Now for the Calculation of Exemption of Gratuity u/s.10(10) which period is to be taken as No.of completed years of service.
And Provide the Eligibility criteria for an employee to get exemption u/s.10(10).
And when we can say an employee is covered by the payment of Gratuity Act,1972.