Hello Everyone,

I have a proprietorship firm and have filed for GST refund/ITC on 5 Jan, 2021 for the last quarter of 2020 (Oct-Dec). The accumulated ITC was for GST paid on purchase of online advertising (Google and Facebook Ads) and as I provide services through "export of services without payment of GST" to foreign clients.

I was informed by a CA that I'm eligible for 100% refund for GST paid. Now my question is how long does it take for refund/ITC application to be processed and ITC to be credited to my savings bank account, that's already added on GST portal and was also selected during filing for ITC claim?

I PURCHASE A PROPERTY FROM NRI SELLER IN JOINT NAME, NOW SELLER APPLY FOR LOWER DEDUCTION CERTIFICATE.
I HAVE TAKEN ALREADY TAN NUMBER IN MY NAME AND MY WIFE NAME SEPRATALY

NOW PLEASE HELP ME TO FILL ALL COLUM OF 27Q AND HOW TO UPLOAD FUV FILE AND HOW TO SHOW LOWER DEDUCTION AMOUNT IN 27Q

Is benefit of indexation available on sale of office(commercial property). What if depreciation has been provided on office building?

Sir,
A gst registered dealer new QRMP scheme opted.but dealer sales transactions b2c only.
Question:
Dealer iff return filed compulsory

Total WDV of BLock as on 01.04.2019 =ONE CRORE (For 8 Vehicles)
Sold 3 vehicles for rs TWENTY LAKH as on 30.06.2019

Please advise the treatment of accounting entries.
Calculation of depreciation. is any profit or loss should be calculated on sale of this 3 vehicles please advise me.

Sir,

We have opted to file 3B on quarterly basis under the new QRMP scheme. While paying the GST under Self Assessment mode, shall we deduct the opening ITC , which has been brought forward from Dec 20.
If we do so, we have excess of ITC to be carried down to Feb 21 and hence, need not pay any GST for Jan 21.
Shall we go ahead with this ? Is this the correct way or may attract levy of interest, etc ( Since there is no way to tell GST that, we have consolidated ITC, which is more than the output tax for the month )

Pls. advice.

Dear All

If any dealer submitted his Fy/18-19 related Gstr1 returns in the month of May-20 during pandemic because filing option was open . These Fy/ 18-19 related bills also reflected in 2A of purchaser or service receiver.
(1) In this case, these 2018-19 rela Gstr -1 returns are valid or not?
(2) is it possible to take ITC by purchaser or service receiver against those 2018-19 related bills ?
Annual returns 9a/9c(2018-19) filing due date also extended till Dec-20.

Plz guide with related circular against point no-1 & point -2

Regards

Dear Sir, TDS deducted on Rent monthly basis. Which form do I need to Give to Landlord and when?? Is it Quarterly or Yearly need help

Hi,

For an Indian Private Limited Company, if you have appointed an auditor, can that same auditor give services like GST payment/Return filing and TDS payments/Return Filing etc? Does law restricts that?

Regards

Manasi

Dear sir
I heard a new the W.E.F. Apr 21. E invoice will come .
Let's me Know limit of E invoice .
with regards
Binu