Thursday 12 October 2017
Wednesday 11 October 2017
GST- Q AND Answers
How to correct
errors in GST registration?
Process
You must submit FORM GST REG-14 along with documents. The GST officer will verify and approve within 15 days in FORM GST REG-15. The change will take effect from the date of occurrence of the event.
For example, ABC is a partnership firm of 3 partners. D joins as a partner on September, 1 2017. The firm files FORM GST REG-14 along with documents on September, 5. The officer will approve within 15 days, which is by September, 20. The change will be in effect from September,1, which is the day D joined.
Process
You must submit FORM GST REG-14 along with documents. The GST officer will verify and approve within 15 days in FORM GST REG-15. The change will take effect from the date of occurrence of the event.
For example, ABC is a partnership firm of 3 partners. D joins as a partner on September, 1 2017. The firm files FORM GST REG-14 along with documents on September, 5. The officer will approve within 15 days, which is by September, 20. The change will be in effect from September,1, which is the day D joined.
If the
officer is not satisfied with the documents then he can serve a show cause
notice in FORM GST REG-03 as to why the application should not be
rejected. The applicant must reply in FORM GST REG-04 within 7
days. If the officer is not satisfied with the reply, he can reject the
application and pass an order in FORM GST REG -05. If the proper officer
does not to take any more action then it is assumed to be changed.
Changes
in the following will not mean cancellation of registration
1. Name of business
2. Address of the principal place of business
3. An additional place of business
4. Addition, deletion or retirement of partners or directors, Managing Committee, CEO i.e., people who are responsible for day to day affairs of the business
Any change in points 1 & 4 done in one state will be reflected across all the states.
1. Name of business
2. Address of the principal place of business
3. An additional place of business
4. Addition, deletion or retirement of partners or directors, Managing Committee, CEO i.e., people who are responsible for day to day affairs of the business
Any change in points 1 & 4 done in one state will be reflected across all the states.
Change in PAN
If there is any mistake in PAN, the applicant will have no other choice except to file for a fresh registration in FORM GST REG-01. This is because GSTIN number is based on the PAN.
Change in mobile number or e-mail address of the
authorised signatory Change will be done only after online verification
through the Common Portal after submitting application in FORM GST
REG-14.
Any other change apart from above will be amended
immediately on submitting the FORM GST REG- 14 on the Common Portal. No
verification by a GST officer is necessary.
GST- Q AND Answers
Q.I have purchase branch in erode, tamilnadu and sales
branch(h.o) in kolkata.how does the goods to be sent to kolkatta, and also
whether I have to treat as sales or stock transfer
A.Sales office and purchase office will be in same PAN? If
yes, it will be considered as branch transfer and you have to charge GST while
transferring goods to interstate branch located in kolkata. Valuation will be
open market price of the product. Please refer valuation rule issued by
department for valuation of Stock transfer. Extract of Valuation rules issued
by department. Value of supply of goods or services or both between distinct or
related persons, other than through an agent The value of the supply of goods
or services or both between distinct persons as specified in sub-section (4)
and (5) of section 25 or where the supplier and recipient are related, other
than where the supply is made through an agent, shall,- (a) be the open market
value of such supply; (b) if open market value is not available, be the value
of supply of goods or services of like kind and quality; (c) if value is not
determinable under clause (a) or (b), be the value as determined by application
of rule 4 or rule 5, in that order: Provided that where goods are intended for
further supply as such by the recipient, the value shall, at the option of the
supplier, be an amount equivalent to ninety percent of the price charged for
the supply of goods of like kind and quality by the recipient to his customer
not being a related person: Provided further that where the recipient is
eligible for full input tax credit, the value declared in the invoice shall be
deemed to be the open market value of goods or services.
Q.If my 1 branch with same registration number of GST does
the stock transfer to my branch which same registration within state which is
located within 2 to 5 kms. Then what should I generate? Like e way bill, invoice,
only delivery challan, or whole documents? Before 1st July as every stock transfer amount
will be more than 50 thousands for my Ltd Company in Gujarat.
A.Please refer the rule given in this regard. There is a
clear provision regarding your query so please go thru it and still you have
doubt, write us. Transportation of goods without issue of invoice: The
consigner may issue a delivery challan, serially numbered, in lieu of invoice
at the time of removal of goods for transportation, containing following
details: (i) date and number of the delivery challan, (ii) name, address and
GSTIN of the consigner, if registered, (iii) name, address and GSTIN or UIN of
the consignee, if registered, (iv) HSN code and description of goods, (v)
quantity (provisional, where the exact quantity being supplied is not known),
(vi) taxable value, (vii) tax rate and tax amount – central tax, State tax,
integrated tax, Union territory tax or cess, where the transportation is for
supply to the consignee, (viii) place of supply, in case of inter-State
movement, and (ix) signature. (2) The delivery challan shall be prepared in
triplicate, in case of supply of goods, in the following manner :– (a) the
original copy being marked as ORIGINAL FOR CONSIGNEE; (b) the duplicate copy
being marked as DUPLICATE FOR TRANSPORTER; and (c) the triplicate copy being
marked as TRIPLICATE FOR CONSIGNER. (3) Where goods are being transported on a
delivery challan in lieu of invoice, the same shall be declared in FORM
[WAYBILL].
Q. If I transfer my stock from 1 to another branch with both
same registration number of GST and within same state, I will be applicable for
GST even if the brach distance is not more than 5 kms? or stock transfer can do
wthout any tax ? then what will the documents needed for without GST transfer
to file in future?
A.Stock transfer will be without GST if it is being transfer
in same GSTIN.
Q.If an exporter wants to export his goods, during carrying
of exported goods to dock yard or airport situated in same state whether way
bill has to be generated since GST is not applicable for exported goods, hoping
for ur valuable reply.
A. Yes for the movement of goods you need to fill e way bill
on portal than only movement is allowed. It is immaterial that the material is
going to be exported. e way bill is just to facilitate the movement and to
track each and every movement. Registered person and goods value is more than
50000 than you need to file way bill and it is required before starting
movement and does not make any difference if movement is within state or
outside state.
Q.I am registered person and goods supply to individual who
is not registered. So who and how e way bill generate?
A.registered person will file way bill. That means you have
to file it before sending.
Q.E Way bill is necessary also in case of intra state
branches.
A.Yes e way bill will be generated for intra state branch
transfer because as per e way rule any moment even for reason other than supply
is also required e way bill movement. Agar tax free item supply 50000 ke upar
karte hai to bhi E-way bill online bharana padega.
Q.If I charge some freight or part freight on GST Tax Invoice
then receiver take ITC on that, because as I hear No-ITC on GTA but in previous
our receiver take ITC on service tax.
A.Input of GTA service is allowed to the person paying tax on
reverse charge. Credit is not allowed to transporter.
Q. What is cess? kiya ye SGST OR CGST TO ADD KARKE LIYA GAYA
HAI TAXABLE BLUE SE AUTO CALCULATE HOGA.
A.Cess is not on all items. There are some specific goods on
which cess is to be paid. This is other than CGST and SGST,
such as petroleum, tobacco, liquor goods.
Q. Mera printing ka business hi mere confusion ye hi ki me
jab paper leta hu to 12% GST pay karta hu fir me job work karta hu to 5-18% GST
deta hu but jab mai sale karta hu to mera item printed book nil category me
aati hi to jo maine GST deya hi wo mujhy return milega ya os GST ko mujhy apni
cost may add karna hoga
A.Refund mil jayega.
Q.Mera dukan Hai jaha se Mei supply karta hu sath hi sath migrated
to GST from Vat. now what to do with closing stocks as on 30.07.2017
A. Sell those with GST and at month end take ITC of vat paid.
Q.Main bihar mein business karta hun digital magazine ka. UP
& Jharkhand mein bhi ek ek project ke liye kam karta hun. Total annual turn
over 3 lakh hai. Ab mujhe GST lena Hoga, agar lena hoga to sabhi return fill
Karna hoga.
A. Naye amendment se apko registration ko
jaruri nahi.
Q.How we will return file gstr1 while our products are tax
free and we supply these to out of state and within state.
A. If you are not supplying any taxable item then you are not
required to registration and not to file return. If you have registration then
give tax rate wise + state wise details if supplying only to End user,
otherwise invoice wise details.
Q.In B2B Scheme how come we will know if they have taken
compostion scheme or not?
A.You need to ask them
Q.Can you please tell me what is csc?
A.Common service center.
Q.What about travels business in GST give details.
A.Contract work of companies’ transportation of personnel manpower,
agar 20 lakh se upar
receipt h to you have to register yourself.
Q.GST me composition scheme ke leye kon sa form or kab tak
yani iske last date kya he composition scheme me apply ke.
A. Last date koi nahi h ... bas
registration karte waqt ek option aayega composition ka vo select kar lena
Q.Jise koi Party 0 % ka saman sale purchase karte he or inka
turn over 20 lakh se jayada he to kya ishe bhi regest lena padega or yeh sirf
ekh he state me yani jese state me party reg he
A. Nahi agar aap sirf 0% vaala product sale kar rahe to koi
registartion nahi lena.
Q3. I am an existing
taxpayer and wish to enroll in GST. For enrolment under GST, I want to create a
new username and password. However, I have not received the one-timepassword
(OTP) on my registered mobile number. The problem continued even after I
clicked the "RESEND OTP" button on the GST Common Portal.
A: Your mobile number may be
registered for Do Not Disturb (DND) services, due to which the OTP cannot not
be delivered. You are advised to de-activate DND services from your mobile
network. Once de-registered, you must redo the entire process of registration
on the GST Common Portal. If the problem persists, please contact the GST
Helpdesk at helpdesk@gst.gov.in or call at 0124-4688999 for further
investigation.
Q4. I am an existing
taxpayer and wish to enroll in GST. For enrolment under GST, I wanted to create
a new username and password. However, I have not received the onetime- password
(OTP) on my registered email. The problem continued even after I clicked the
"RESEND OTP" button on the GST Common Portal.
A: The one-time-password
(OTP) may have been delivered to the spam folder of your registered email ID.
Please check the spam folder of your email account. If you find the OTP in the
spam folder, please change the spam-filter policy settings of your email
account to allow legitimate emails sent by GSTN. This will ensure that a future
OTP sent by GSTN is not marked or filtered as spam. If you do not find the OTP
in the spam folder, please contact the GST Helpdesk at helpdesk@gst.gov.in or
call at 01244688999 for further investigation. When you send your service
request over email or phone, a support ticket is registered with GST Helpdesk
and the issue is forwarded to the appropriate technical team for analysis and
resolution.
Q5. I am an existing
taxpayer and wish to enroll in GST. While submitting GST FORM-20 with DSC, I
received the error message: "DSC is not registered with authorised
signatory".
A: Please contact the GST
Helpdesk at helpdesk@gst.gov.in or call at 0124-4688999 for further
investigation. When you send your service request over email or phone, a
support ticket is registered with GST Helpdesk and the issue is forwarded to
the appropriate technical team for analysis and resolution.
Q6. I am an existing
taxpayer and wish to enroll in GST. I have submitted the Enrolment Application
i.e., GST FORM-20 on the GST Common Portal. However, I have not received the
Application Reference Number (ARN) through email with all details.
A: Please contact the GST
Helpdesk at helpdesk@gst.gov.in or call at 0124-4688999 for further
investigation. When you send your service request over email or phone, a
support ticket is registered with GST Helpdesk and the issue is forwarded to
the appropriate technical team for analysis and resolution.
Q7. I am an existing
taxpayer and wish to enroll in GST. On submitting the Enrolment Application
i.e., GST FORM-20 on the GST Common Portal, I received the message: “Submitted
& Pending for verification".
A: Please contact the GST
Helpdesk at helpdesk@gst.gov.in or call at 0124-4688999 for further
investigation. When you send your service request over email or phone, a
support ticket is registered with GST Helpdesk and the issue is forwarded to
the appropriate technical team for analysis and resolution.
Q8. I am an existing
taxpayer and wish to enroll in GST. On the GST Common Portal, while filing GST
FORM-20, the desired RANGE CODE is not appearing in the drop-down list.
A: Please contact the GST
Helpdesk at helpdesk@gst.gov.in or call at 0124-4688999 for further
investigation. When you send your service request over email or phone, a
support ticket is registered with GST Helpdesk and the issue is forwarded to
the appropriate technical team for analysis and resolution.
Monday 9 October 2017
GST- Q AND A
Q. Bill final in 15-11-16 but not payment yet what is paymant
in GST and thecontract rate is decide (item+vat)
A. If tax was paid before GST in old taxation regime then
payment received after GST implementation will not be taxable now.
Q.I m electrical and civil Contractor. I m doing business
with state govt. deptt.s only. In vat they are deducting 4% vat from my work
bill. Now in GST how much will be deducted from my work bills? Till nor any
state deptt. Not paying bill to any contractor. And how will i get GST (IGST,
CGST, and SGST)
A. GST @12% if you are registered in GST then you can take
input tax credit but input tax credit is not available for construction of
immovable property.
Q.I m doing work for electrical substations, Lines and civil
work of laying water pipe line for irrigation deptt. Shall I get ITC of CGST, IGST
and SGST. But
in GST we are treated as Clause 119 of Section 2 for which GST is 18%
A.Input Tax Credit is available. You can take input tax
credit of CGST, SGST and IGST paid on inputs.
Q. Kindly clear the GST rate on fabrication work contracts,
repairing works and only manpower supply for executing the same jobs.
A.GST @12% for work contract.
Q.I am doing both trading of industrial items and industrial
contract works with material on single GST No. Is it ok?
I have one more query,
if I am doing an industrial fabrication work including both material and labour
charges and raise single invoice for it, what is the rate of GST applicable on
it.
A. Yes it is okay, no problem. GST @18% Fabrication is included in
GST Work contract.
Q. Whether ITC is available for carpentry work (like making
of furniture & cup board etc...),
A.Yes ITC is available.
Q.Works contracter ccl & other gov.agency for repairing
work me kitne return file karne honge.
A.Work Contractors are required to file return as normal
taxpayer 36 + 1.
Q.I have more than one businesses can I use my GSTIN all
businesses and issue tax invoices in different name by mentioning my GSTIN.
A.This is not possible. You cannot use your GSTIN with
different business name.
Q.I have 2 businesses in my Pan number 1st as S M Enterprises
and 2nd as Dwarkadhish Enterprises which is a wholesale business. I have taken
GST No in S M Enterprises. Do I have to take separate GST No. for Dwarkadhish Enterprises?
A.Yes you have to take separate registration. You cannot use
of GSTIN of one business with other business.
Q. We are tempo modification company...we install televisions
seats flooring and other luxuries in force tempo.
A. Modification is also covered as work contract service. GST
@12% is applicable on work contracts. Section 2 sub Section (110) defines
work contract.
Q. Material purchases per jo GST paid kiya hai uska input
milega kya.
A.Actually the GST rate on work contract is 12% so kindly
ignore the rate of 18%. If work contract is other than construction of
immovable property then input tax credit is allowed.
Q. Mera trn over 7 lk ka aas pass hai magar sir ham kaise
dikhaye ki hamara trn over 20 lk se kam hai ya sarkar kaise manegi ki mera trn
over 20 lk se kam hia sir aise to jaydatar log apne trn over 20lk se kam bol
denge.
A.Aisa nahi hota or jo aisa karte hai unke hi ghar pr income
tax ki रेड padti h... Hota kya hai... Ki aap jb
annual final return file krte ho to ca aapse puchta h ki kitna business hua h
to aapko kuch bill dene pdte h... Kuch kacche bill, kuch details vese hi batani
padti h to ca apne aap calculate kr leta h ki aapka kitna business hua h...
Thoda bhut to kr lete h but jyada ni kr pate h.. Isme expenditures or baki
calculate krke CA sb kr deta h... To aap Dekh le ki last year kitna टर्नओवर hua h uska hi kuch tax dena padega aur
ragistration karana padega.
Q.सर् में 20 लाख से कम का काम करता हु ओर में किसी सरकारी योजना में कोई सामान बेचता हु तो क्या करना होगा
A. Aapko GST No. Lena padega... Government work me GST lena
hota h.. Agr private kam hota to aapka bina GST chal jata.
Q.Mai ek readymade garment ke shop kholna chhata hu us ke
liye mujhe kin kin chijo ke jarurat hoge.
A.Agar aapko lagta h ki 20 लाख se km ka business 1 Year me hoga or
ek hi राज्य में karoge to aapko GST ki koi jarurt ni
h.... Lekin pan card jarur bnwale or 1 saal ki final IT return jarur bhare....
Or aap maal to kisi b राज्य se kharid skte h...
Q. Whether it is compulsory to take registration under GST if
i am making inter state purchases and my turnover is less than 20 lakhs.
A. No... Inter state purchasing kr skte h... Bina GST no...
Lekin sell to ek hi state me hi krna hoga... Aap chahe kisi b state se purchase
kare isse koi frk ni padta... Koi GST no. Ki jarurt nahi 20 lakh se km me....
Or agr inter state sell karore to GST jaruri h.
Q. मेरी किराने की दुकान है, एक दिन में 30000 rs तक होता हैं मैक्सिमम अभी में क्या करूँ
A.Aap GST no. Lele... Aapko benifit b milega... Aapki sale
achi khasi h... Phle GST no. Le le kyoki aapka business 20 lakh per year se
jyada hota hai to GST no lena jaruri h... Bad me aap dekh le kis scheme me jana
h aapko.
Q.PAN ya GSTN ke bina wholesaler maal dene se inkar kr rhe h.
iska kya kre.
A.Pan to hona chahiye... Iske bina aap annual ki final IT return
kese bharte ho... GSTN jaruri ni h.. Par pan to hona chahiye... Isse aap ka TDS
agr katta h to vaps b mil jata h
Q. Turnover ki ganana kaise kare.
A. Kuch bus ye dekho ki aapka total business 1 financial year
me kitna ho jata h... Yehi turn over hota h. Turnover 20 laakh se kam hai, aur GST
Inspector check karne aag gaye, aur GST nahi hai to unko kaise proof karonge ki
tumara turnover 20 lakhs se kam hai..
Q. Mera money transfer ka business hai 20lakh ka remittance
ek din mein hota hai toh mera turn over kya hoga.
A.Aapko to pakka GST lena hi padega kyo ki aapka टर्नओवर to kafi jyada h but aap service tax
me aate h... Dekh lo 20*12=240 लाख रुपये hoga.
Q. Mera CA toh bolta hai ki money transfer ka matlab hai
customer ka paisa hai. Mera kidhar hai hai. Hum log toh customer ka hi paisa
usske khaate mein account mein daal rahe hai na. fir mera turn over kitna huya
. Aap galat jankari maat do. Mera CA
bolta hai ki aap ka turn over zero hai kunki vo jo paisa aap ka nahi hai
customer se le ke customer ke khate mein daal rahe ho.
A. Commission calculate karo.
Q. Mai maal dosre state se mangwata hon aur year TO 20 lack
tak h to compny wale bagair GST No K maal kaise denge.
A. Aap maal to le skte h... Kisi b state se isme GST ka koi
jaruri ni... But 20lakh se km ho... Kyoki aap to tax denge to isme kya
problem... क्योंकि
government ko sirf tax chahiye wo jo aap de chuke ho to ab chahe use becho
20lakh tak me aapse koi kuch ni puch skta h.... Ha lekin aap yearly पर्सनल रिटर्न भरते raho.
Q. Cable TV payment GST bill dena Padega.
A. Agr aapne GST no. Le rha h to bill de or agr 20 lakh se km
business 1year h or GST no ni h to... Aap vese hi kacche bill de skte apni दुकान के नाम पर. अन्य विशेष परिस्थितियां - जिसके अनुसार आपको GST लेना ही पड़ेगा ! वह व्यक्ति जिसे धारा 37 में GST Deduct करना हैं Casual taxable persons non-resident taxable persons every
electronic commerce operator an aggregator who supplies services under his
brand name or his trade name
Q.मेरा स्वीट सुपारी का बिजनेस है मैं अब दूसरे राज्य से माल मंगाता हूं और मैंने जीएसटी नंबर भी ले लिया है लेकिन मेरा सालाना टर्नओवर 2000000 रुपए से कम है तो मुझे 3 महीने और साल भर में कौन-कौन से Returns भरने होंगे प्लीज मुझे डिटेल में समझाएं
A.Ager aapne GST me registered hai to monthly aapko 3 return
file karni hogi.
Q.Mera dukandar mujhse pakka bill mang raha h magar mera
tarnowar 20 laak se kam h to me kya karu kya koi aur rajistration hai.
A. Bolo ki mai small business owner hun ... usko bhi phayada
hai use GST nahi dena padega.
Q. Agar tax free goods h to dusere state me sale karne ke
liye GST lena padega
A.नही
Q.What is the rate of tax for residual entry in GST for
transactions classified as services ?
A.18 percentage
Q. If transport located in Mumbai and I located in Delhi then
what tax we would deduct under reverse charge mechanism means IGST or CGST and SGST?
A.I think it's IGST. IGST will apply, Please refer place
of supply rules. Tax will be apply according to the place of supply and only
responsibility to pay tax is shifted in reverse charge. In case of two branch in one state and having one GSTIN
number, Invoice and delivery challan book for for both branches will be
separate or same.
Q. We Tour Operator Service Provider. How we could charges
GST on Air Package, Rail Package, Taxi/Cab Package & Hotel Booking.
A.You will pay GST on the services that you have provided to
the customer. If you include commission in the invoice, if you doesn't include commission in invoice,
then it will come under reverse charge. Hotels, Aircraft Carrier will pay on
your behalf.
Q.I want to know one retailers do interstate purchases but
made all the sale within its state. Whether he need Registration, as his
turnover is below 20 lakhs.
A. No GST registration
is required.
Q. If Capital goods (such as Laptops) transferred from one
office in a state to another office in a different state will also trigger
taxable event.
A.Yes it will attract tax.
GST- QUE AND ANS
Q.
I want to understand that 50 different people come and buy in cash from
us and they do not want to give their details.
A. Small taxpayers, like small
retailers, doing a large number of small transactions for upto a value of Rs.
200 per transaction to unregistered customers need not issue invoice for every
such transaction. They can issue one consolidated invoice at the end of each
day for all transactions done during the day. However, they should issue the
invoice where the customer so demands please clarity that 50 different people
are un-registered? if yes you need not to mentioned details, you can generate
cash bill and collect tax as per law, place of delivery will be your shop.
Q.PLS TELL ME THE GOODS RATE WHICH ARE
NOT IN ANY SCHEDULE ARE THEY COME UNDER RESIDUARY ENTRY LIKE VAT TAX ? AND WHAT
IS GST RATE ON SUCH GOODS? / FOR RESIDUARY SERVICES IT IS 18 %, BUT FOR GOODS NO
SUCH CLARIFICATION
A.There is no such RESIDUARY rate in
case of goods.
Q.Then what rate will applicable on
such goods
A.GST council has specified GST rates
on 1211 items. I think all the items are covered. Petroleum and Liquor are not
covered as they are being taxed at old rates. Do you know any item which is not
covered in GST?
Q. finding GST rate on handicraft
archway ie toran n decoration items n mala of artificial moti
A.Chapter 97 Works of art, collectors'
piece and antiques are taxable @ 12% in GST
Q.I HAVE ONE QUERY, I AM REGISTERED DEALER PURCHASED FROM
ANOTHER DEALER OUTSIDE STATE, THIS DEALER ISSUED INVOICE EXAMPLE.28.05.17 AND I
HAVE RECEIVED MATERIAL 03.06.17, BUT I HAVE ENTER MY BOOK ACCOUNT MATERIALS
RECD.03.06.17. BUT AT THE TIME GSTR SHOWING MISMATCH MEANS MY SUPPLIER DATE IS 28.05.17,
I ENTER MY BOOK OF ACCOUNT MTLS RECD.03.06.17. I HAVE CONFUSED.
A. It will show mismatch when you will claim credit but as
you said you have received material on 03-06-17 so you will not claim credit in
May month so there will be no mismatch in may. it will show pending action in
you login in may and in june you will claim credit against the same. Mismatch
will only be shown when you will claim a different amount from supplier.
Q. ONE QUERY FOR GST, INVOICE BILL WILL BE APPLY FOR GST
PORTAL EVERY MONTH, IF YES, SUPPOSE I APPLIED FOR INVOICE BILL FOR THE MONTH OF
JULY 17 (I.E. INV.NO.001 TO 100), BUT THIS I HAVE ISSUED 50 INVOICES, REMAINING
INVOICE LYING WITH ME 51 TO 100, BUT NEXT MONTH AGAIN I APPLY FOR INVOICE 51 OR
CONTINUE USE THIS OR APPLY FOR AGAIN 001. PL.GIVE ME THIS QUERY ANSWER, I HAVE
CONFUSED.
A.Invoice continuous series should be followed in a year. No
repetition of series in same year otherwise it can create issue to receiver and
can show duplicate claim.
Q. I have some closing stock and I am also purchase stock
between 1 April to 30 June, 2017. After GST (1 July) if change or any document
required to use old stock in GST.
A. You have to file GST TRAN-01 return to claim the credit of
excise duty involved in stock within 90 days from the date of appointment.
Q.
GST me current account me cash deposit kitna kar sakte hai because hum agriculture
traders Hai or hamari item par gst nahi Hai but hamari sale cash hoti Hai daily
make bill 50000 under total sales 30 to 40 lac sale in cash but purchase hum
cheque se karte Hai but cash deposit ke vajah se hamare account seas kar dete
Hai please suggest because hamara current account me cash different location in
all India cash deposit because hum party ko nahi jante party apni location se
cash hamare account me deposit karati Hai or hum Delhi se use maal goods de
dete Hai.
A.आपको पार्टी को कहना होगा इन्टरनेट बैंकिंग से या चेक से पैसा जमा करवाएं |
Q.
Hum retailer hai 20lakh + turnover hai so agar nai krwaye gst registration to
disadvantage kya hoga iska
A.ITC
refund nahi milega, b2b transaction करने में दिक्कत आ सकती है।
Q.If
a person (Aggregate turnover below Rs.75 Lac ) is doing all the activity on a
singal GSTIN ( Trading, mfg and Restaurent), then what will be the position of
compounding scheme. Can he avail the benefit of this scheme if yes what will be
the tax rate ( 1%, 2% and 5%), one another query if I have stock of Rs. 30 lac
and no ITC in balance as on 30 June. Should I deposit the tax on this stock
because I hv utilized all the itc of this stock, before opting the composition
scheme.
A.
Take Composition Scheme for separate business. You need to declare all stock
but in specified form but no inter state purchases.
Q.Composition
dealar inter state purchase ker sakta hai?
A. yes
Q.
There is some news that readymade garments traders/manufacturer will not able
to get the credit of ITC paid on raw material or GST paid to previous trader.
A.
Credit nahi milega wo section 17(5) ya jahan reverse charge hai waha services
ke case me list me likha hai...uske alawa credit milega.
Q. My turnover below 1.5 cr. can I use full HSN code?
A. Restriction minimum digits ki hai max aap mention kar hi
skate ho.
Q."Place of supply" kya return main bhi mention
kerna hoga with state code?
A.Yes.
Q. Bill of supply ke sath SGST, CGST kab ho sakta he.
A.Kabhi b nahi...bill of supply sirf composition and exempted
walo ko allowed hai wahan tax nahi hoga.
Q.My one question is we dealing in renewable energy ie solar
street light solar panel solar puc power plant but we are facing problem how
define GST rate on solar street light bcz solar streetlight have many parts eg
battery panel pole battery structure panel structure wire luminary etc but one
thing these all are different tax in GST and we sale of these items on 5% tax
rate.
A. HSN code ke rules according agar exact match nahi hai to
you can go with most resembling match...yani jo sabse kareeb se explain karta
ho product ko....
Q. Some dealer purchase tax free goods like cloth, saree from
interstate, and on 30 June 2017, he have in stock, but now cloth in taxable in GST
act so is he eligible for composition.
A.No because if you have inter state purchase stock you will
not be eligible for composition.
Q. It was tax free goods no tax liability was on dealer in
vat act. For composition opting option it's mandatory Input vat credit was not
claimed. In this case no tax liability on assessee and not claimed, but only he
have interstate stock. As per GST law prohibited for composition opting option
in interstate stock.
We can avail
composition scheme in case of inter-state purchase.
A. There is only restriction on interstate sale as per my
point of view.
Q. I have medical wholesale work n turnover is 20-30 lakh. We
purchase interstate and sale within state. So is there is any problem to opt composition
scheme. Or it is not beneficial for wholesalers??
A. It will be beneficial but it depends on case to case
basis...all your sales should be to consumer, No inter state sale...plus you
are not doing any services work....No credit of ITC will be available..
Q. Invoice bill me hsn code 2 digit ka ya pura bhare toh koe
farak padega kya?
A. 2 digits minimum hai aap full bhi likh sakte ho.
Q.Hsn code jaise meri turnover less than 5cr hai toh 2 digit
ayega. Toh agar invoice banwate hai hum manufacture hai toh hum apne bill me
hsn pura daal rahe hai kyunke hume samajh ni ara hai..
A. Digits minimum hain...max aap daal sakte hai bas dho to
kam se kam dalni hi hongi
Q. Explain is that necessary that when we paid the reverse
charge mechanism how to difined the HSN code for small expenses and that's are
variable goods.
A.1.5 crore se neche ho to HSN code nahi daalna....aap kuchh
products k naam batao?
Q. Mera job work he hand block print ka to mujhe kya karna he.
A.Agar 20 lac se jyada hai ya agar aap inter state supply
karte hain to aapko registration lena hoga.
Q.I am giving service withing the state or inter-state then
in both case how much we have to charge taxes?
A. Services ki ek rate list hai....uske alawa sab pe 18%
hai...intra state hai to aap 9-9% lagaoge. Interstate hai to 18% IGST
lagega.
Q.I am a small manufacturer. How do we get the input GST
credit of small bills like stationery, machine spares, small hotel bills ect.
A.Aapko khud hi invoice banana hai unka n GSTR 2 me fill
karna hoga....credit mil jayega
Q.I have a question if the a manufacture registered under
composition scheme can he do job work?
A.Job work is a service and composition scheme is not
available for service provider.
Q. Explain that whether job worker after doing job work will
be able to return back material by delivery challan or invoice same time
compulsory.
A.You can return the material on challan by mentioning the
reference no. delivery challan issued by principal and invoice can be issued
later within 30 days.
Q. I m job worker can i get registered under composition
scheme under GST.
A. No.
Q. If I sell goods and and take rikshawala's delivery
charges, packing charges, labour charges etc. from customer do I need to take
GST from customer. For example Goods value 1,00,000/Packing and delivery 500/
Now should I charge GST on 100000/- or 100500/-What is the rate of tax for such
charges?
A. Yes if you are shown in your bills & GST on 100500.
Q.MRP of readymade garment including GST is Rs1040 how much GST
will be charged 12 or 5?
A. GT on sale price and not on MRP.
Q. I want to know that how the department will come to know
that my turnover exceeds Rs 20 lac(in case of intra-state supplier)
A. Your books of a/c will tell.
Q.Is any provision related to govt civil works contractor can
sub let contract to urd dealer limit to give sub contractor URD any GST, TDS on
sub contract.
A. TDS applicable on sub contract & GST also applicable.
Q. At one place you said one will not get ITC if purchases
goods for construction. Plz explain how GST will affect builders. Will they get
ITC on raw material..? How customers will know whether Builder they are dealing
with has taken ITC benefit or not?
A. On construction exp. if GST will paid not by builders in
that case.
Q.My purchases in 18% IGST and my most sales is in 12% IGST,
so in this case, will I get refund of excess amount of balance IGST or I have
to consider as my exp and add up to cost.
A. You have option either to adjust against output tax &
the same can be c/f or can take refund for the same.
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