Sir, We are a registered party and Purchase Goods from out side. Transporter issued a Bilty Amount Rs. 28000. and transporter registered in GSTIN. But Not Charge Gst in Bily.
In this case we are liable to pay tax in which rate of tax and can we take I. T.C. which amount paid ag. Tax

I have paid tax liability on GST. But later I realized that I did not consider taxes payable under Reverse Charge Mechanism and ITC on expenses. I haven't filed the return yet. Can I make any corrections? If not in the current return when can I make corrections regarding RCM or input tax credit available?

BUSINESS : KRISHI UPAJ
STOCK AS ON 30.06.17

1 EXEMPT GOODS 694514
2 TAXABLE GOODS (OIL SEEDS) 5362100 3% 160863
NOTE :TAXABLE GOODS PURCHASE FROM URD WHICH HAS NOT TAKEN TAX FROM FARMAR NOW RATE HAS BEEN INC. BY 5% IN GST SHOW HOW TO ADJUSTMENT OF THAT GOODS BZ THAT GOODS NOT PAYABLE TAX AT THE TIME OF PURCHASE


MONTH OF JULY TAXABLE GOODS CGST SGST TOTAL
1 PURCHASE FORM UNREGISTERED PERSON 1486129 37152.8 37152.8 1560434
(RCM BASIS)
EXEMPT PURCHASE 1218981 1218981

TAXABLE GOODS CGST SCGST TOTAL
2 SALES (@ 5%) 1600759.14 40018.96 40018.96 1680797.06
EXEMPT SALES 862860 862860

Sir we are a company providing facility management Service. In our invoices we charge for materials consumed during the course of the cleaning services carried out on which no SERVICE TAX was being charged. But later after GST some of our clients are asking to charge GST on consumables being charged in the Invoice. Kindly suggest the tax implication on the same.

And also if ITC on this materials can be claimed or not ?

We run a Recovery Agency and provide services to banks. Recovery service comes under reverse charge mechanism and service receiver have to pay tax. In our case service receiver is bank. Some bank pays the tax and take invoices from us without charging tax in it. While some bank don't pay it and they takes invoices from us with tax . In such case do we have to pay tax on them. How to file GST return in those case?

I was registered under Service Tax and now migrated under GST, I have cash basis accounting under Income Tax as well as Service Tax, I have provided services to my client and issue Invoice with service Tax on or before 30.06.2017 and payment not received till.

When the payment will received to me with service tax, how can I treat it?

Dear Expert,
One of my client had sale one his agriculture land at rural area, say cost 8Lakh in cash in month of October 2016, and half amt deposit in his wife account and half in his account, now only he got notice from IT department for source of income and cash deposit.
Kindly let me know following quires:
1) whether he has to file his IT return
1) sale of agriculture land is exempt or taxable
2) if taxable then how to calculate and what details i required for calculation
3) how to answer/reply of this notice.

Kindly guide me as this is Urgent.

Thanks

I am Proprietor of a Firm which is registered under GST, I have also a Income from Rent with in state of a Commercial Property less than 20 Lakh in my personal name, whether the Rent is liable for GST? If the renal income is Inter State than also advise on the applicability of GST.

Hi team, please let me know preferable author books for refer. am an slow learner, this would be help me to prepare for exams. since new syllabus has been implemented. do I need to refer last five years question bank as well? your guidance valuable to me. Thanks, Aswin Kumar

I have wrongly submitted the GSTR 3B without filling the Eligible ITC details... ITC is of Rs 100000 and output tax is rs 133000 Now system is showing to pay whole output tax.. What should I do Now.. I have not submitted final step I.e submission with DSC or EVC