Amedement of Incorrect Invoices of 2017-18
Amedement of Incorrect Invoices of 2017-18
I had entered 15 invoices number incorrect of B2B from Dec2018 to May2022 in GSTR-1, however I paid all the taxes in GSTR-3B. I came to know about this mistake few days ago. Now, my Client ( customer
1 year ago
A. Dear Sir,
It is a financial /business related issue. So u may take the advise of the Auditor / CA / Expert who is well versed with GST payment rules.
Partner opened another company and not willing to pay the pending GST
Dear Sir/Madam, I have been facing this issue for quite some time now. I and my partner started a Pvt. Ltd. company with 50% shares each. I have been involved in pretty much everything, creating desig
1 year ago
A. Dear Client
You should counsel him first with proper reasons and for the welfare of the company. If you are looking for legal remedies, you should look for contractual obligations if signed or if not, you should frame a valid contract and then get it signed for proper enforcement of the duties.
Hope it helps
GST Refund Received on export of goods on payment of duty , sales not realized
GST Refund Received on export of goods on payment of duty whereas export sales proceeds not realized export sales written off as Bad debts will Apply to RBI to write off. Need clarification Whether G
1 year ago
A. Pay back the refund amount immediately, otherwise, it will be considered cheating and revenue-losing activities. which may lead to criminal offenses. First write a letter to concerned officer and try to pay back as soon as possible
Subhashis Paul
Do I really need to register for a GST number especially since GST is not even applicable for international services?
I am based in Mumbai. I will soon start consulting with a company based in London for which they are going to pay me in USD or Pounds. The annual amount when converted to INR will be less than 20 lakh
1 year ago
A. All services rendered from India are taxable under GST Act, but you have the option to claim export service exemption, for claim this you have to get it registered with GST. It is mandatory
GST on Export of Services
Dear Sir We are quoting to a USA based company for providing Engineering services for their projects outside India. Our resources will be working from India only. Monthly payments will be made to us
1 year ago
A. In my humble suggestion, all imports into India are subject to GST in the form of an IGST levy and 10% of the value of the items is the rate.
GST amount Debit - spares parts payments
Our A client made spares parts payments onbehalf of us. The supplier issue bill in the name of A party inculding IGST. The A party register in GST. Can A party debit to us inclulding GST amount!
1 year ago
A. Dear Sir,
It may happen but A must debit the same to your account. Better to ask this question to any Auditor dealing with GST matters.
GST Fraud-I have purchased goods
I have purchased goods from shop. That shop keeper had issued me GST invoices and he uploaded also on his GSTR1 return also which i claimed in my buisness but after 2 months the dealer has amended the
1 year ago
A. Dear Sir,
You have to lodge complaint with concerned GST authorities and also lodge complaint with Police so that he cannot do same mischief with other customers.
Supply of service to merchant exporter
I am a jobworker supplying service. Recently I received a consignment from merchant exporter and he is insisting me on charging concessional rate of 0.1% however I am aware that 0.1% can be charged o
1 year ago
A. Dear Client,
As you mentioned correctly that 0.1% is charged on sales of good and not on services supplied.
Send him the invoice followed by a legal notice for recovery of dues.
GST refund for PMAY beneficiaries
I'd booked an under construction flat in Pune in Dec 2018 and had applied for PMAY in Jan 2019 since the project is registered under PMAY. As per the agreement done in Dec 2018, I continued to pay 12%
2 years ago
A. Dear Client,
As per the facts which have been provided, if your builder does not refund the 4% you can send a legal notice and if nothing is done after that as well you can file a case in the court.
Thank You.
Gst related - claiming input tax credit
Is claiming input tax credit necessary in gst. I have not been claiming input tax credit wanna know if it can be a problem
2 years ago
A. Dear Sir,
It is better to claim input tax credit to avoid future complications. In the meanwhile to get more clarity you may approach any Auditor or chartered accountant.
