XYZ Ltd is a private Ltd Company doing works contact business.
Anil and Sunil hold 100 % shares equally and they are the only directors of the company . Both are directors in other companies also .
Other than the directorship in the company Anil and Sunil are engaged in business(proprietary) and are having GST registration.
During FY 2019-20 , the company paid them fees for Director Services Rs.10 Lakhs each and deducted TDS u/s 194J of Income Tax Act
The company recorded this in March 2020, GSTR 3B return , in serial no 3.1(d) , taxable value 10 Lakhs , CGST 90,000 SGST 90,000.
Query
Whether the directors Anil and Sunil (both are registered under GST) need to show this in their GSTR1 and GSTR 3B ?
If they are required to show in their GSTR 1 and GSTR 3B , in which serial numbers of respective returns , this is to be entered .?
It is the company’s liability to pay tax under RCM u/s 9(3) and not the director’s.
But in 3.1(a) of GSTR 3B, If you enter a value , tax cannot be zero.
In GSTR 1, whether this is to be entered in B2B section , with supply attracting reverse charge?

In case of Business succession, what is the treatment of unadjusted GST paid on Mobilisation advance. There is no sale against the remaining advance and the business succession took place and now sale is to booked by new company and respective advance to be adjusted there. There is no such procedure mentioned in the act and also no specified form to transfer such advance. Please help out with this query.

Sir/Madam,
I have purchased a residential plot and paid stamp duty of Rs. 25000 on 09.04.2019 (FY 2019-20).
Can I claim stamp duty exemption under section 80 C of the I T Act 1961 in the ITR 2019-20 (AY 2020-21). Please clarify and give your valuable suggestions.

respected sir,
as per form 26AS one of my govt works contractor received three crores during fy 2019-20. tds has been made on three crore rupees as per form 26AS. this govt work is liable for 5% gst. i request you to discuss whether turnover for 44AB is total gross amount three crores or gst amount that is fifteen laks to be deducted from gross receipts please discuss
thanking you
giri

Respected Sirs Please guide me and oblige.

One of our suppliers has issued a credit note to us on account of goods returned by us. While filing GSTR-1 there is a tile of debit/credit note, whether the same shall be fed in the same tile with the data of the goods returned.

Dear experts,
I missed some credit notes to enter into GSTR1 of Q3 and Q4 of FY 2019-20 can i show those Credit Notes in this Financial Year 2020-21?
Kindly answer of my query.

Thanks in advance.

Dear experts,
I missed some credit notes to enter into GSTR1 of Q3 and Q4 of FY 2019-20 can i show those Credit Notes in this Financial Year?
Kindly answer of my query.

Thanks in advance.

Our one client not filed Gstr-3b and Gstr-1 for February 2020 and March 2020. now he want to do file for respected months. query is that 1) he can avail ITC for february and march 2020 month in GSTR-3B ? 2) What is the last date of availment of ITC for february and march 2020?

Whether it is mandatory to disclose interest accrued on fixed deposits as part of other Bank Balances or it is allowed to be shown as part of current asset separately.

Dear Sir,

We take GTA service with below equation. Kindly advise the correct RCM to be paid i.e. IGST or C+S
1) GTA is in Delhi, We at Haryana, our consignee is in Haryana
2) GTA is in Haryana, We at Haryana, our Consignee is in Delhi

Sir, if we sent goods through Rickshaw (Non-motorised) having value Rs. 65,000/-. Should we make E-way bill?

Kindly advise.

Rakesh Sharma