The asses see is taking input tax credit based on supplier invoice, actual receipt of materials, acceptance of quality and rate as per their Purchase order and also raising goods receipt note / material receipt note.

If the supplier fails to file their GSTR 1 or wrongly mentions receiver GST Number or their invoice no date, qty and amount , it will not be reflected in GSTR 2 A of the recipient. The recipient is also informing the discrepancies to the supplier through mail after checking GSTR 2A and even then supplier fails to Rectify the discrepancy, whether recipient credit will be disallowed by the department?

Dear Experts,

Please let me know is their any latest circular or notification for goods supplied to EOU units for Tax refund .
than earlier circular of Circular No. 14/14 /2017 - GST dated 6th November, 2017.

your valuable replies are awaited.

Thanks ®ards,
Bhavya

Is there any cash expenses limit per day for making payment to registered or unregistered person FY 2017-18

Reply on urgent.

Hello,
We have not deducted TDS on salary for 2017-18. There are a few employees which salary crossed 2.5L.
We have passed single TDS entry for the whole year in Mar - 18, Do we have to file all quarter TDS return of only Fourth quarter?

Received above communication of proposed adjustments for which we agree.


Want to file revised return.

AFTER LOGGIN IN EFILING PORTAL WHEN WE SELECT "FILING AGAINST NOTICE/ORDER" IT ASKS FOR FILING SECTION

WHICH SECTION SHPULD BE SELECTED TO FILE REVISED RETURN ?

One of our client agree to supply 3000 MT order quantity of raw materials by trucks, but issue GST Invoice partly i.e 900 MT (actual Material received 915.480 MT) , 1000MT (Material receive 999.150MT), 700 MT(Material received 713.560MT) and 400 MT(Material received 371.810MT) and so on . so how GST credit can be taken on invoice Qty/Value issued by suppler where actual material Value/Qty receive in factory does not match with invoice of supplyer.

My Father Received Pension Amount With difference, as we had go to high court and high court passed our pension.
My father was retired on 2000.
we have received Rs. 1376525/- amount from government.
Include Gratuity RS. 87372/- (Rest of all amount is Arrears Rs.1289153/-)
we have received form 16 from Government they shown total salary of Rs. 793523/-, and Tax deducted Rs.165200/-

My query is how to filled ITR1 and how to claim refund ?
at the time of return filled I shown I have to Pay Tax of Rs.70000/- and Rs. 95000/- is my refund amount.
dear experts please help me to solve my query

If transport service provider is charging 5% GST , whether service recipient is eligible to take GST credit based on the invoice of the service provider.

We are clear that if transport service provider is not charged GST in his bill , then service recipient is to pay GST under reverse charge mechanism and eligible to take GST credit. We feel that if service provider paid GST @ 5% under forward charge , the service recipient can take GST Credit. we also feel that if service provider charge GST @ 5%, he is not eligible to take Input tax credit .

We request experts to clarify our doubts at the earliest.

Dear all,
Is interest u/s 234 A,B,C required to shown below the line as part of the “provision for income tax “or should be show above the line as tax expenses?
Is institute has issued any guidance note or official confirmation regarding Disclosure of interest u/s 234 A B C?
Please do the helpful,
Regards,
Kiran.

Is the date extended for Filing DIR-3 KYC ?