GST - Q AND A

Q. Is 1% tax to be paid on exempt supplies as well as nil rated supplies by composition person?

A. Read section 2(6) with 10 of CGST Tax to be paid on Turnover and Turnover = taxable supply + exempt supply.

Q. Is a bus service provider having contract with education institute and giving service to school students and charging fees directly from students is liable to pay GST or not?

A. It is exempted if service provided to pre-school and higher secondary school or equivalent. Refer Notification No. 12/2017- Central Tax (Rate) Heading 9992

Q. We are supposed to charge GST as RCM on GTA but in some cases GTA is also charging GST. What to do in such case?

A. Yes they have option, in this case 12% GST to be charged

Q. I have converted my business from partnership to Proprietary Firm. I am having GST Credit in Firm GST Number. How to Transfer Such Credit to Proprietary Number?

A. Have to file FORM GST ITC-02, Refer rule 41 of CGST

Q. We are a manufacturing company with turnover of 1 Crore.  It’s a sole proprietor firm. I earn rent from a commercial property in my personal name. What sort of amendment should I do on portal for this service supplied by me in addition to manufacturing?

A. You can add rental service in your registration.

Q. We need to upload & file GSTR-1 for the month of August & September 2017, how can we file on GSTN Portal.

A. Filing not started yet for the month of Aug & Sept.

Q. I want to know transport charges. If I supply goods to a place and I am paying Rs.1600 ( to n fro) through a regular transporter( not GTA) and wants to charge the same. Will I have to charge GST in the bill?

A. Yes.

Q. One GTA has issued us a consignment note amount Rs. 5000 but he is unregistered should it's comes in GTA.

A. Yes.

Q. I have paid IGST but late fee is liable to pay where I should pay late fee amount IGST column or divide 2 part with CGST and SGST?

A. SGST + CGST

Q. We can adjust reverse charge by ITC?

A. No

Q. In July I entered wrongly IGST Invoice ITC in CGST & SGST in 3-B & tax deposited accordingly. How can I Correct this?

A. If you have filed the return then it can't be revised. You can make correction in GSTR-2 when it would be started.

Q. I have made some expense on my Manufacturing unit at Machine including some machinery parts change and Services of technician may I take ITC?

A. Yes.

Q. We are not able to file form 6A for refund of IGST for month of sep.17, system asking for filing of previous month 6A but we don't have refund claim in previous month.

A.This is the fault of GST IT network. How can one file previous months 6A if there is no records to file?

Q. We have to pay tax on nil rated supply in GSTR-4?

A. Yes

Q. Can we require to pay GST on RCM basis on freight? The bill is dt.7.11.17 and service provider is unregistered.

A. If service provider is GTA then RCM applicable.

Q. I purchased sofa for my company, Am I eligible to claim ITC on GST paid on such purchase?

A. Yes.

Q. Everything that is added after 3B will attract interest. Is this correct.

A. If output tax increase then interest to be paid.

Q. I missed some invoices amount in GSTR 3B and filed the return. Now how will I show the missed invoices amount in GSTR-3B?

A.  Filed return can't be revised.  You can add missing invoices in GSTR-1 and can pay taxes at the time of filing GSTR-3.

Q. I purchase a Innova car amounting Rs. 22 lacs for business, A person told that you can't claim GST ITC it will be given only in career vehicle.

A. Yes, you can't avail ITC.

Q. Our counterparty filed GSTR-2 and those Invoices is added in our GSTR-1, we not filed GSTR-1

For the month of July and our liability is become double.                                                                                                         

A.Reject those invoices and file your GSTR-1.