Dear Sir,
I want to ask an question regarding the deemed export
My Firm Name name is ABC Pvt Ltd sell the goods to to our party Prime Goods Pvt Ltd (Which is located at Kerla and he is aleardy registered in Export promotional Council) on 16th october, 2022 at 0.1% concessional Rate(Deemed Export) Basic Value 2850255/- @0.1% 2850/- total Invoice Value 2853105/- apart from of this, i also sell the goods to my another party whose name is voltaa india pvt ltd (located at Delhi) on 17th october, 2022 basic value is 2537932/- @18% 456828/- total invoice value 2994760/-
my october month all inputs is 409628/- (my all input are exist under 18% tax slab)
i have aleardy filed the october, 2022 return in month of november 2022 after all itc adjustment.
So, I want to know about Can i eligible for the refund under Deemed Export or Inverted Duty tax Structure (one of these)?
What is the formula for find out refund amount (under deemed export or inverted duty structure) ? and please elaborate for this calculation
whom i should claim refund under deemed export or inverted duty structure please suggest?
and what is the document should i obtained for filling the refund process and also explain this example ?

Thanks & Regards
Abc Pvt Ltd
Email: sharma.hunny826@gmail.com

I have Agricultural Land close to main road of the town. Now i want to develop commercial complex over there after obtaining NA permission.
I have intention to sell these commercial shops after receiving BU permission. Hence no issue of GST remained.

Now i have two option to avail for income tax treatment

Option 1:- I need to convert Capital Assets i.e Land or Fully constructed Complex in stock in trade then make sale as goods.

Option 2 :- Sale of each commercial shop as a Capital assets.

Which option is should i go ? If any other option available for Income tax treatment then please inform.

My turnover was 3 cr in F.Y. 2020-21 and 1.50. cr in 2021-22. Whether GSTR 9 would be applicable?

Dear Sir,

One of my client is into Transport business and he do Sales only on Reverse charge basis. He doesn't pay any GST on the sale amount as all his sales is under RCM.

My query is while filing GSTR-9, do I have to report this sales under HSN column as under HSN only Taxable amount has to be mentioned which is Nil in my client's case.

Please help me in this matter.

Regards,
Divyesh Jain

If x amount is withdrawn from the current account to the savings account (both accounts are of the same proprietor) and the same amount is redeposited back to the current account. Will it be considered a reverse entry or a fresh capital added?
Little confused about how it can be considered?

Dear Expert,

Can anyone confirm that how much cash deposit savings account and salary account in a financial year? As per income tax point of view.

Dear,

i have to pay Rs 5500/- for some office expenses,vendor has given without gst bill,

can i transfer from company bank account ? or can i tranfer from bank account to vendor personal account ?

We claimed ITC as per GSTR-2B in our GST Returns__But now at the time of filing GSTR 9 for FY 2021-22, its showing ITC as per GSTR 2A in Table 8A of GSTR 9. There is slight difference in GSTR 2A & GSTR 2B. The ITC Claimed by us as per GSTR 2B is genuine.

Then what can we do in such case...???

for the FY 21-22 as per Following DATA Sir Please help how the file GSTR 9 for following DATA
Amount
1 We Claim  ITC as 'Inward  supplies"  RCM 22,680.00 21-22
2 We Claim  ITC as 'All other ITC'                                                    1,96,643.00 21-22
3 We Claim  ITC as 'All other ITC'                                                    500.00 20-21
TOTAL Claim 4A OF GSTR 3B (A) 2,19,823.00

1 ITC Reversed in Reversal column (B) ** 32,271/- 25,600.00 20-21
6,671.00 21-22
** Clubbing of 20-21 & 21-22
Net ITC Available (A) – (B) 1,87,552.00

In GSTR 6A 2,19,823.00

We Claim Rs 1100/- as IGST in April 22 (21-22)
We Revised Rs 320/- in Reversal Coolum in April 22 (21-22)

AS PER Book 2,13,432.00

WITH Regards

Anshuman

Accounting Group for
Diesel Expenses , Petrol Expenses and Car repairs
whether it should be Car Running and maintenance exp.