Dear All,

Please guide us on this issue.

One of our new clients has exported goods without LUT Certificate/ Export Oriented Unit Bond since FY - 2021-22. He has filed GST returns in export invoices with taking "Without of payment of tax". He has an electronic credit ledger balance of around Rs.16 lacs.

Please let us know what are the consequences of this and guide us on how to rectify it.

Many Thanks,
Virag Shah.

A coaching center wishes to know whether he can opt for composition scheme. And what would be the gst rate of composition scheme for such coaching Institute.

I wish to clarify some doubt regarding E Invoice .i.e. Since some body written in various articles like 7 days time limit to generate E invoice is available. But practically GST officers expects e- Invoice should be generated mandatorily at the time of Goods Movement along with E way Bill .
Actually which one is correct ? What will do in case website will not work ?
Then what is the use of 7 days time Limit?

Respected Experts,

Where will from get the Income Tax Paid Challans/ Details related to A.Y 2008- 2009 and before?????

Kindly Guide me

If property sold which was purchased to save LTCG through capital gain saving account within a years. Now profit on sale of the same property would be STCG ?

Dear sir,
Kindly advise, can we collect, cash in excess of 20000/- from sales of goods and service.
if we collect. whether it will be reported in 3CD.

in june 23 gst1, by mistake, i wrote may 23 invoices again (may invoices were correctly already stated in may 23 gst1)
so i filed june 23 with may 23 data and filed june 23.
now in july 23 gst1, how to nullify the excess may23 invoices?

While making journal entry of Land purchased make separate entry and also make seprate entry for construction of Building.

cheque issued on 31st March but party do not presented in the bank, Now on 31st March Closing balance of Bank and our bank account not matching,
what entry should be passed to make Equal balance as per bank and our books.

Hi I salaried employee i moved to mumbai recently can i claim hra on two house one in mumbai other one is my parents house in my hometown