Sir / Madam,

We have procured Raw material from a supplier in July 2018 end. We tested the quality parameters and found not suitable to our production. Hence we returned the material in August 2018 along with a Debitnote for the entire bill amount.

The supplier has shown his sale bill in his GSTR1 return and reflect in our GSTR 2A.

As we are like to show the inward entry(purchase) in GSTR 3b and Outward entry (purchase return) in Debit note / credit note tab.

Now we have tried to enter the Debit note which we have made for rejection in the Debit note/ Credit note tab in GST site. It shows an error processed with error and we again tried to modify the entry, The site shows an error counter party of invoice or debit/.credit note are different. We assume that the return period of ours and our supplier is different. We enquired the supplier they replied they are not entered the return entry in their return till now i.e 10 Aug 2018.

Kindly suggest / advise what would be the correct procedure to tackle this issue?
What would be the consequence when we did not show both the entry in our return (for purchase and purchase return)?

Kindly advise us the correct way to solve this issue.

Thanks in advance,

with warm regards,
Bazeer L

Tax credit mismatched Sir I filled ITR1 for AY 2018-2019 on 26/06/2018 and processd on 20/07/2018 and I received intimation letter u/s 143(1) with less refund and it's showing tax credit mismatch.can I fill revised ITR after received refund/Rectification for 2018/2019 not available.

Hi,

My salary is INR 65000/- p.m. and what type of deductions , TDS and tax will be deduct out of my salary.

I am service recipient and receive a service of fuel delivery on my petrol pump from Service provider good transport agency.
As in this Case RCM is applicable and liability of tax payment is on service recipient.
But from gst applicability SR didn't mention RCM in his return.
How can now SR can discharge the tax liability?

Hi,
Let Say A is main Govt .contractor and he sub Contact B for that Govt Contract . Now in turn B Sub contract C only for Labour Work .

I know for A & B GST Rate is 12% but what rate applicable for C 12% or 18% its pure labour contract for C.

I have purchased a plot of land jointly with my wife. I propose to construct ten flats in this land and sell them separately. Can the experts tell me if we will have gst liability while selling the flats?

Dear Sir

A Retail Trader has a liability of Rs. 1,80,000/ in a month though he can avail Input Credit of Rs. 2,00,000/-. Unfortunately the Trader not filing the GSTR-3B till to date.

Should the Interest @ 18% be need to pay on Total Liabiility if the Trader wants to file the Returns ??

Looking for your valued advice in this regard

I own two properties, viz., one residential flat and one residential plot of land. While I reside in the residential flat. I want to sell away the residential plot of land and reinvest the entire sale proceeds to buy another residential flat in my name. Whether, I am entitled to claim full exemption for Long Term Capital Gains Tax on the transaction?

The condition for benefit under Sec 54F will not be applicable in case the Tax Payee "owns more than one residential house, other than the new asset, on the date of transfer of the original asset". I need a clarification whether in my case, I will be eligible to claim exemption from LTCGTax under Sec 54F or not? I request for a clarification regarding my doubt in the instant case.

Dear Experts

Iam working in an FMCG Company, recently due to floods in kerala our sock in our branch office cochin has been destroyed and they are not usable and we are claiming the insurance on the destroyed goods, i want to know the procedure under gst to be follwed for reversal of input tax credit or what are the implications of gst in these situations, kindly guide me.

Thanks in advance

Regards
A V Santosh kumar

Received above communication of proposed adjustments for which we agree for A Y 17-18.
Due Date of Submission is 10/09/2018
When under e-proceedings we agree to the demand it asks to file revised return.
However when we try to upload revised return it says time to file revised return is over
My question is how to file revised return under which section ?