Author Posts

March 31, 2020 at 4:32 pm

EXPORT INVOICE NO.6 AND DATE 18.06.2019 AND SHIPPING BILL DATE 19.6.2019. THIS EXPORT DETAILS NOT FILED IN JUNE 2019 GSTR 1 AND GSTR 3B.

NOW MARCH 2020 RETURN THIS EXPORT DETAILS CAN  FIELD IN GSTR 1 AND GSTR 3B?

PLEASE EXPLAIN HOW TO FIELD THIS MISSING EXPORT DETAILS.

March 31, 2020 at 7:55 pm

Hello Mr.Balaji,

Those invoices can be shown now along with March month return

If you are showing it in with payable mode, tax needs to be paid along with interest

In GSTR – 1 you can show it in Table 6 along with usual outward supplies and in GSTR – 3B in Table 3 as exports

Thank you

Regards
Srividya
Team TNGSTP

April 20, 2020 at 8:59 pm

My client is a Contractor. He is constructing Distillery plant to his customer. His customer is providing partial material and asking him to reduce the material amount before charging GST. Kindly guide whether this is for or against GST along with supporting views too. I have made a sample bill down.
<table>
<tbody>
<tr>
<td width=”200″>Value of work done including material cost</td>
<td width=”200″>3700</td>
</tr>
<tr>
<td width=”200″>Less: Material issued by client</td>
<td width=”200″>1000</td>
</tr>
<tr>
<td width=”200″>Due Amount</td>
<td width=”200″>2700</td>
</tr>
<tr>
<td width=”200″>CGST @9%</td>
<td width=”200″>243</td>
</tr>
<tr>
<td width=”200″>SGST@9%</td>
<td width=”200″>243</td>
</tr>
<tr>
<td width=”200″>Grand Total</td>
<td width=”200″>3186</td>
</tr>
<tr>
<td width=”200″> </td>
<td width=”200″> </td>
</tr>
</tbody>
</table>
 

April 22, 2020 at 1:41 pm

Hello Sir/Madam,

As per the sample bill format provided you it is clear that the bill value is reduced with the value of materials supplied

Whereas, As per Section 15(2)(b) of the CGST Act which discusses about value of supply value of supply should be inclusive of any amount which the supplier should pay in relation to such supply but which has been incurred by the recipient/client

Since the same is already included in the value of supply as per your bill, the same shall not be deducted again it is a part of the bill amount

Thank you

Regards
Srividya
Team TNGSTP

April 30, 2020 at 8:08 am

Hello TNGSTP Team,

Good Morning, What is the rate of tax on sale of MEIS Licence from export incentive scheme, and do we have to show the sale in GSTR-1 and GSTR-3B

April 30, 2020 at 11:42 pm

Hello Mr.Nambi,

Sale of MEIS scripts are exempted vide Notification No.35/2017 dt.13/10/2017.you can show the same in Form GSTR – 1 and GSTR – 3B in the respective tables where exempted supply is shown

Thank you

Regards
Srividya
Team TNGSTP