GST FAQ by Tweeter account of Govt of India dated 02-12-2017
Question 1: if excess ITC is shown mistakenly in 3B ,can we reduce next month ITC in 3B?
Answer: Detailed circular is being issued shortly.
A company registered in Punjab and a one office in Himachal Pradesh where they have no Registration And no taxable supply is made from that office as well. Whether there is required to registration In Himachal Pradesh as well.
Answer: Registration is required in those States from where taxable supplies are made. Pl. see section 22(1) of CGST Act.
Question 3: I am an industrial items dealer (trader) with sales as First/Second Stage dealer, Invoices with excise amounts mentioned and also invoices without excise amount mentioned. Please guide me with forms to fill in TRAN 1 and under which contdions to use 7a,b,c,d.
Answer: Pl see Rule 117 of CGST Rules.
Question 4: I have paid excess GST for july vide GSTR- 3B which includes a part for the month of august but filed the correct invoice details in GSTR-1 for july , how can i claim refund ? SOS.
Answer: Detailed circular is being issued.
Question 5: Our dealer is work contractor & registered in Uttar Pradesh (UP) under GST Act. Now dealer received work contract with material in Karnataka. Is there any requirement to register in Karnataka, if not then what is the treatment of e way in Karnataka.
Answer: Registration is required in those States from where taxable supplies are made. Pl. see section 22 of CGST Act.
Question 6: If the Turnover is less than Rs. 1.5 Crore, we need to file quarterly returns. There is no option on the website for the same.So how to file the same in quarterly?
Answer: GSTR-3B is to be filed on monthly basis by all taxpayers. Option for filing of GSTR-1 on quarterly basis is being enabled shortly.
Question 7: Are expenses on “Gifts bought for clients/ customers on Diwali” – termed as “Diwali Expenses” eligible for ITC for business firm?
Answer: Pl see section 17(5)(h) of CGST Act
Question 8: Sir, If services rendered & bill is raised before 01/07 but payment recd now with Service tax (following receipt basis). Whether to pay Service Tax or GST. Please guide.
Answer: Pl see section 142(11)(b) of CGST Act.
Question 9: Can composition dealer sell there products through e commerce sities
Answer: Pl see section 10(2)(d) of CGST Act.
Question 10: whether ITC of outdoor catering & Rent-A-Cab services are eligible. We are a iron and steel manufacturer.
Answer: ITC not allowed. Pl. see section 17(5)(b) of CGST Act.
Question 11: I am service provider in TS and bill give to Mumabai address Pvt LTD company but place of supply situated in AP. Shall I charge sgst& cgst or IGST…?
Answer: You need to charge IGST.
Question 12: Sir,we want to export on payment of IGST from ITC.where we have to debit it, whether at the time of invoicing or at the time of return (GSTR 1 Table 6A ) for whole month
Answer: IGST amount need to be shown on invoice, details of exports to be mentioned in Table 6A of GSTR-1 and payment of IGST to be made at the time of filing GSTR-3B.
Question 13: I have submitted GSTR 4 for july-sep period erroneously but the same not yet approved through OTP, can it be re rectified now.
Answer: Pl write to @askGSTech
Question 14: Amount of tax deposited into cash ledger but not set off…it shall be treated as payment of tax or just treated as deposit ?
Answer: It would not be treated as payment of tax till cash ledger is debited for discharge of tax liability. Pl see section 49 of CGST Act.
Question 15: Taxable Event. Buyer fails to give GST number to Supplier. How to treat such transaction?
Answer: It may be treated as B 2 C supplies. Buyer would not get ITC.
Question 16: we have only one email and mobile number for account dept. How we can appoint 4 of our accountant as authorised signatory with same no. and email?
Answer: Pl. write to @askGSTech
Question 17: What is the procedure for changing STATE circle name in GST RC Amendment
Answer: Pl. write to @askGSTech
Question 18: What is going to happen to the VAT/TIN security deposits? Can I carry forward as SGST Credit in Trans – 1 as it was adjustable against d VAT Liability previously? Or I have to wait for refund window to claim refund?
Answer: The said amount may be claimed as refund under VAT laws.
Question 19: What happens to accumulated credit with manufacturers exporting through merchant exporters? Inputs are @18% GST, sale to Merchant exporter @0.1%.
Question 20: Can ITC be availed on purchase of Trailer by a logistic company involved in transportation of goods ?
Answer: It can be availed. Pl see section 17(5)(a)(ii) of CGST Act.
Question 21: What will happen to the GSTR1 already filed for Jul17 by dealers having <1.5 Cr Turnover? Shall they file the same information again in Quarterly return also?
Answer: They would be required to file GSTR-1 for remaining two months of quarter i.e. for August and September.
Question 22: Company wants to sell its old Car. What is GST implication and to be applied at what price? Any changes if given to dealer of new car in exchange offer?
Answer: It is treated as supply and applicable GST is payable on the value realised.
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