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FAQ

i want to opt out of composition scheme gst what am i do for this?

Pl file application in FORM GST CMP-04 in terms of Rules 6(3) of CGST Act.

Sir, filed wrong (nil) GSTR-3B Return for Aug 2017 by the consultant. How to rectify and put the correct data?

Correction can be made in return of next month only.

Material supplied in March to Gujarat. Rejected and will be returned in Sept.How to invoice for return and avail GST credit

the supplier will issue GST Invoice and ship the goods and basis on that you can claim ITC. Please also refer 142(1)

Sir Purchased with in the state tobacco goods & seller charged Cess @ 160% on taxable value & GST 28% can i claim ITC on Cess?

Yes itc of cess is available but can be utilised only against payment of cess.

SITC u/s. Sec 140(3), Excise invoice of RM which r convertd into FG and held in stock. What to mentn in type of good Input or FG?

Inputs.

Whether use of Electricity be taken as non GST purchase of service?

No.

Is there any chance of editing GSTR 3B submitted but not filed for July month as I entered wrong amt resulting in hugh Liability?

The facility for editing of such return has already been enabled on portal.

can gst credit be availed on spare parts used for vehicles repairs and vehicle is a truck used for moving goods?

Yes as it is not blocked u/s 17(5) of CGST Act.

cess ITC wrongly adjusted for payment of cgst in eligible ITC box in gstr 3b of aug month and submitted. Wht 2 do now?

It cannot be so used.

under tran-1 do i need to give details of original ST-3 or revised ST-3?

Revised ST-3.

we have pur goods from other state , bill date was 31.08 & we rec. the vehicle on 05.09,so for gstr in which month itc to claim?

ITC available in return for month of September.

I have credit in electronic credit ledger to pay GST liability but cldnt paid it on 20-9. Intrst shud b payable ? on which amt ?

Interest would be payable on amount not debited from ledger.

how can i avail my cenvat credit on service tax in GST TRAN-1 which is not entered in my last ER-1 for the month of june-2017?

Pl see Rule 117 of CGST Rules.

a taxpayer submitted his reg. App. Within 30 days but got reg. In aug. Now he have put. Some goods in July how to take credit?

Regn is valid from date of liability to register. ITC for goods got in July can be availed in 3B for August.

is it mandatory to mention GSTIN on courier bill of entry for air cargo to claim ITC ?

Yes

I forgot 2 purchase bill to submit in gstr3b of July...Kindly suggest how to take entry now

U can add in 3B of August or add in 2 of July 17.

sir we can import good under composition scheme

Composition dealer can import goods on payment of applicable BCD and IGST.

is it compulsory to fill the hsn wise details in GSTR 1 and 2 for traders who doesnt have turnover above 1.5 Crore..????

It is optional for taxpayers having turnover below 1.5 crore.

Service tax paid on advance received and now service is completed and billing under gst regime. pl help regarding tax effect?

Pl see section 142(11)(b). GST payable on net amount (Bill amount-advance amount on which ST already paid).

please share the due dates for GSTR 1 for August 2017?

Dates r yet to be announced but it will be after last date for filing of GSTR-3 for July 2017.

i am a registered dealer in karnataka...can i bought handicraft goods from inter state unregistered dealer..

URD cannot make inter-state supplies except in terms of NN 8/17-ITT & 32/17-CT both dtd 15/09/17. U will be liable u/s 9(4) to pay GST

Is ITC available under GST w.r.t CSR expenses incurred by companies. Pls clarify

Yes. ITC of GST paid on all expenses incurred in course or furtherance of business except blocked credit is available.

Sir, filed wrong (nil) GSTR-3B Return by the consultant. How to rectify and put the correct data?

Correction can be made in next month's return or during reconciliation between GSTR-1, 2 & 3 with GSTR-3B.

some buyers not issuing H/D2-form. how to file tran-1 without these? do we have to deposit the tax in lieu of missing forms?

It will be governed by various State VAT laws.

Service Exports is correct to show under 6A?

Yes, Table 6A of GSTR-1.

when can we claim refund for IGST paid(July and August) on Export turnover?

It will be eligible on filing of GSTR-1 and GSTR-3B. Process for grant of early refund has been finalised.

Whether supply of goods by principal to his agent or by agent to his principal is taxable in the absence of consideration?

In terms of Section 7 read with Schedule I, following would qualify as supply: 1. Supply of goods by a principal to his agent where the agent undertakes to supply such goods on behalf of the principal; or 2. Supply of goods by an agent to his principal where the agent undertakes to receive such goods on behalf of the principal.

Whether gifts given by employer to employee will also qualify as supply?

In terms of Explanation appended to Section 15 it is clarified that employer and employee will be deemed to be related persons. Accordingly, in terms clause 2 of Schedule I, gift exceeding ` 50,000/- by an employer to employee will be a supply, when made in the course or furtherance of business and will be liable to tax. As, in terms of proviso to clause 2 of Schedule I, any gifts for a value not exceeding ` 50,000/- in a financial year will not qualify as supply and as such will not be liable to tax.

GST Call center says if someone have wrongly selected tax head in payment challan, forget that money.?

U have to claim refund.

Do I have to take multiple registrations?

A person with multiple business verticals in a state may obtain a separate registration for each business vertical. PAN is mandatory to apply for GST registration (except for a non-resident person who can get GST registration on the basis of other documents). A registration which has been rejected under CGST Act/SGST Act shall also stand rejected for the purpose of SGST/CGST act.

Whether I am exempted from GST registration?

Following persons are exempted from the GST Registration:-

  • 1. Agriculturists
  • 2. Persons making Nil-Rated/ Exempt supplies of goods and services
  • 3. Persons making Non-Taxable/ Non-GST supplies of goods and services
  • 4. Activities that are neither Supply of Goods nor Services
  • 5. Persons making only supplies covered under Reverse Charge