Can any body tell me
Our is a transport company. We have taken registration. & Got the gst no. Also.
Now we want to upload bills of July.
Gstr1 & what is the procedure to do it. ? Shall we charge 5% tax on every bills?
Please guide me in detailed
thanks in advance
3 Replies
priyanshu agarwal
(student)
(22 Points)
Replied 11 August 2017
you should file gstr 3b for July and august
Chhatra Singh Dugar
(1464 Points)
Replied 11 August 2017
First you need to file GSTR -3B form. Then you will be in a position to file GSTR -1 form. You will have to check date of liability. If you got GST no in August but date of liability is effective from July you will have to file return for July & August. If it is from August then for the month of August only.
you need not charge GST @ 5% on every bill. As consignee is required to pay transport charge on RCM basis , you need not to pay on those bills. only of unregistered parties whose goods you booked, you to pay.
you need not charge GST @ 5% on every bill. As consignee is required to pay transport charge on RCM basis , you need not to pay on those bills. only of unregistered parties whose goods you booked, you to pay.
Recent Topics
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
Related Threads
CAclubindia
