We are a freelance software service provider and we provide software services to US client. We used to submit Service tax returns with Zero tax as the amount was received in dollars and exempted. Now with GST in action, what returns should we file and how can we claim exemption for convertible currency received? In which form we can receive exemption?
My client is a GST registered service provider whose annual turnover is less than Rs. 20 lakh. They raise an invoice for services provided to another GST registered company without levying GST in the invoice? Can RCM be applicable for such an invoice and my client can file GSTR1 accordingly?
We are engaged in Freight forwarding and we charge our customers CGST and SGST at 6 percent on freight charges. We do not adjust ITC on our labour and purchase bills and pay the entire GST collection. Are we eligible to take ITC (GST) on our purchase that we make for tyres, consumables and the GST paid on vehicle repairing, body building etc.? Can ITC be adjusted against our GST liabilities?
We are located in Himachal Pradesh and we are traders. We are registered under the previous law (like Service Tax, VAT) and have import-export number. We also have a few branches in other states in the pre –GST regime and they too were registered in Service tax and VAT. We have now registered in GST and have a closing stock as on 30.06.2017. Some goods are imported and purchased from the manufacturer in this stock and some stocks are transferred and received from our Branches against Form F.
We want to take credit on closing stock. We have also purchased Bill of entry and Invoices showing Excise duty. We have Branch’s invoices but they do not show Excise amount thereon.
My query is how can we calculate excise duty amount on laying goods which were received from the branches.
We are packed food product manufacturer and our turnover is around Rs.1500000/- P.A. We are selling through super markets and retailer but we are’nt registered in GST.
1. Our retailers wants HSN code for our products.
2. How do i acquire HSN Code for my products?
3. How to sell my product with HSN Code and witout GST number?
I am a registered dealer in Karnataka and I buy material on IGST from Maharashtra state. I sell the same material to Andhra Pradesh on IGST basis. Can I claim IGST input tax credit for this transaction or do I have to pay the full IGST collected by me?
I have net carried forward from vat, i have registered as regular dealer in GST i have filled the TRAN -1 form and submitted, but not filed, now in TRAN -1 showing no records and “ADD DETAILS” disabled, all my other returns are pending because of this reason. Can anybody help me? Please send remedy for this.
I am Mutual fund distributor. Some AMCs paid me commission for the month of August 17 after 20th of Sept. How can I include that commission in August returns? Shall I include that commission for the month of Sept 17? Is this valid? Without receiving or knowing the exact commission receivable for August before 20th of Sept, how can I pay GST? Please clarify.
Also inform me if I paid excess GST in Sept17, can I adjust the same for the month of Oct 17?
I have a closing stock of around 15 lacks. I have invoices with vat tax for the above amount. Can I get credit for excise duty which have been suffered while sending from manufacturer to distributor. Since I bought from distributor in invoice only vat have been registered. Should I file in 7a for excise credit and 7c for vat credit in Tran 1?
1. Will I be able to claim the ITC for purchases made in July 2017 for the tax liability in July 2017 in GSTR-3B? If so, kindly guide me with the procedure for the same. If not, am I supposed to pay the entire amount due up-front by creating a challan to credit the Electronic Cash Ledger?
2. Can I file the Tran-1 form before September 30, 2017 and claim the credit for the same in the returns filed for any of the subsequent months?
We having Centralized Service tax registration in Mumbai, Closing Balance as on June 2017 is transferred stat wise, error occurred during submission. Portal is not locating the mistake. Need your assistance to resolve the issue.
I have stock of some 4 lakh value and I have registered under GST but I was not registered under any pre-GST regime. Can I declare my stock? If yes, where and when I should declare? If not, how should I sell my stock?
What if we pay rent under RCM for 3 month in advance in July. GST is also paid on the same in July. When we can get the credit for this? Is it ok if we take credit for 2 months (July & Aug) in Sept. and take credit for Sept month in Oct.? Please advise. Thanks