Author: admin_gst

Goods and Services Tax – Started By: – Yatin Bhopi – Dated:- 3-8-2017 Last Replied Date:- 4-8-2017 – Dear expert We are manufacturer and done export under LUT in July 2017. In GSTR1 at table 6 we need to declare details of zero rated supplies. in case of export when we clear goods from factory we generate GST invoice (having different series of invoice) as per GST invoice rules for movement of goods from factory to port. After receipt of Bill of lading, shipping bill when it actually dispatch from port we book the actual export sale (having different series of invoice) There are always stock at port which are clear from factory but not from port. Earlier under excise we are required to show export clearance once it clear from factory. Plea

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voice no in return and not actual export booking invoice 8. Table 6 needs to capture information about shipping bill and its date. However, if the shipping bill details are not available, Table 6 will still accept the information. The same can be updated through submission of information in relation to amendment Table 9 in the tax period in which the details are available but before claiming any refund / rebate related to the said invoice. The detail of Shipping Bill shall be furnished in 13 digits capturing port code (six digits) followed by number of shipping bill – Reply By Kishan Barai – The Reply = Your GSTN number has to be mentioned in Shipping bill & you need to upload your export invoice under LUT details on GST Portal – Discus

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Goods and Services Tax – Started By: – Archna Gupta – Dated:- 3-8-2017 Last Replied Date:- 3-8-2017 – Dear Experts,If we receive consultancy services from unregistered dealer in the same State and we know that he has crossed the basic exemption limit of 20 lacs, in that case should we deposit GST under RCM or we may suffer legal consequences for dealing with such person? – Reply By MUKUND THAKKAR – The Reply = The registration is mandatory on crossing the annual turnover limit of ₹ 19,00,

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Goods and Services Tax – GST – By: – R.S. Mangal – Dated:- 3-8-2017 Last Replied Date:- 8-8-2017 – The GST regime has just been implemented, hence it is upmost necessary to understand the provisions related to accounts and records by every registered persons. The relevant provisions of law in GST regarding Accounts and Records are detailed in Section 35 and Section 36 of Central Goods and Service Tax Act, 2017 read with Rule 56 to 58 of Central Goods and Service Tax Rules, 2017. . These provisions are discussed below- The registered person shall keep and maintain Books of accounts at his principal place of business and if having more than one place of business then accounts related to such additional place at such places keeping a true and correct account of- Production of Goods i.e. monthly production accounts showing quantitative details of raw materials or services used in the manufacture and quantitative details of the goods so manufactured including the waste and by products; Ser

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ouchers, payment vouchers and refund vouchers also a register of tax invoice, credit notes, debit notes, delivery challan issued or received during any tax period. (j) names and complete addresses of suppliers from whom he has received the goods or services chargeable to tax under the Act; (k) names and complete addresses of the persons to whom he has supplied goods or services, where required under the provisions of GST Rules; (l) the complete address of the premises where goods are stored by him, including goods stored during transit . (m) Special record for works contract showing – (i) the names and addresses of the persons on whose behalf the works contract is executed; (ii) description, value and quantity (wherever applicable) of goods or services received for the execution of works contract; (iii) description, value and quantity (wherever applicable) of goods or services utilized in the execution of works contract; (iv) the details of payment received in respect of each works con

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er he is a registered person or not, shall maintain records of the consigner, consignee and other relevant details of the goods Special provisions for such persons – Such person, if unregistered, shall get unique enrolment number through the common portal by filing FORM GST ENR-01 The person enrolled under sub-rule (1) as aforesaid in any other State or Union territory shall be deemed to be enrolled in the State or Union territory. Transporters shall maintain records of goods transported, delivered and goods stored in transit by him along-with the Goods and Services Tax Identification Number of the registered consigner and consignee for each of his branches. every owner or operator of a warehouse or godown shall maintain books of accounts with respect to the period for which particular goods remain in the warehouse, including the particulars relating to dispatch, movement, receipt and disposal of such goods. The owner or the operator of the godown shall store the goods in such manner t

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Goods and Services Tax – GST – By: – Naimish Padhiar – Dated:- 3-8-2017 Last Replied Date:- 8-8-2017 – It may be noted that in the GSTR 1 return, following declarations has to be filed by the supplier & has to maintained a consecutive series of all such documents :- Sr. No. Nature of document From To Total Number Cancelled Net Issued 1 Invoices for outward supply 2 Invoices for inward supply from unregistered

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cff47a1 id= c6d1931b-4450-48b2-8203-60e988a7cc32 >type of supplies viz Intrastate. Interstate, Branch Transfers, Export, Unregistered Person Supply, Zero Rated Supply, Deemed Export Supply. Moreover if on account if any error in a particular Invoice raised earlier, cancellation of that invoice would take place and the next sequential invoice would be raised. The particulars as required for raising a tax invoice are : (a)

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d1365006 id= bf5691bd-9247-4692-a821-90265d1dca1d >date of its issue; (d) name, address and GSTIN or UIN, if registered, of the recipient; (e) name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered and where the value of taxable supply is fifty thousand rupees or more; (f) HSN code of goods or Accounting Code of services; (

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aseguid= 59bebe29-2e53-41fc-b2a5-8b202b449f00 id= c0e92d8a-5109-4873-9f7d-9000c019dafb >both taking into account discount or abatement, if any; (k) rate of tax (central tax, State tax, integrated tax, Union territory tax or cess); (l) amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or

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ertificate of registration to him, may issue revised tax invoices in respect of taxable supplies effected during the period starting from the effective date of registration till the date of issuance of certificate of registration. The particulars as required are : (a) the word Revised Invoice , wherever applicable, indicated prominently; (b) name, address and GSTIN of the supplier; (c) nature of the document; (d) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively,, and any combination thereof, unique for a financial year; (e) date of issue of the document; (f) name, address and GSTIN or UIN, if registered, of the recipient; (g) name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered; (h) serial number and date of the corresponding tax invoice or, as t

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then it has to be supported further by a fresh debit note. The particulars for debit note are : (a) name, address and GSTIN of the supplier; (b) nature of the document; (c) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively,, and any combination thereof, unique for a financial year; (d) date of issue of the document; (e) name, address and GSTIN or UIN, if registered, of the recipient; (f) name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered; (g) serial number and date of the corresponding tax invoice or, as the case may be, bill of supply; (h) value of taxable supply of goods or services, rate of tax and

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date of furnishing of the relevant annual return, whichever is earlier. The particulars for credit note are : (a) name, address and GSTIN of the supplier; (b) nature of the document; (c) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively,, and any combination thereof, unique for a financial year; (d) date of issue of the document; (e) name, address and GSTIN or UIN, if registered, of the recipient; (f) name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered; (g) serial number and date of the corresponding tax invoice or, as the case may be, bill of supply; (h) value of taxable supply of goods or services, ra

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particulars for receipt voucher are: (a) name, address and GSTIN of the supplier; (b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively , and any combination thereof, unique for a financial year (c) date of its issue; (d) name, address and GSTIN or UIN, if reg

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son or otherwise (compulsory reverse charge u/s 9(3) or as importer of services) shall issue a payment voucher at the time of making the payment to the supplier. These mandates generation of vouchers in a single or multiple series and should contain details such as : (a) name, address and GSTIN of the supplier if registered; (b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively, and any combination thereof, unique for a financial year (c) date of its issue; (d) name, address and GSTIN of the recipient; (e) description of goods or services; (f) amo

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particulars of these refund voucher are: (a) name, address and GSTIN of the supplier; (b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as – and / respectively , and any combination thereof, unique for a financial year (c) date of its issue; (d) name, address and GSTIN or UIN, if

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outward supply for intrastate movements not taxed under GST say from one site to another within the state. The consigner may issue a delivery challan, serially numbered not exceeding sixteen characters, in one or multiple series, in lieu of invoice at the time of removal of goods for transportation, containing the 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. The delivery challan shall be prepared in triplicate, in case of supply of goods, in the following manner:- (a)

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GST – States – F.IV-03(15)-TAX/2017 – Dated:- 3-8-2017 – GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES & EXCISE) NO. F.IV-03(15)-TAX/2017 Dated, Agartala, the 03rd August, 2017 NOTIFICATION In exercise of powers conferred by Section 3 of the Tripura State Goods and Services Tax Act, 2017 (Tripura Act No. 9 of 2017), the Governor of Tripura is hereby pleased to appoint the Commissioner of Taxes, the Additional Commissioner of Taxes, the Joint Commissioner of Taxes, the Deputy Commissioners

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Customs – 42/2017 – Dated:- 3-8-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, KANDLA-370 210 Phone No:02836-271468/469, Fax No.02836-27 1467 F. No. S/20-07/AG/GST/17-18 Dated: 03/08/2017 PUBLIC NOTICE No. 42/2017 Subject: Clarification regarding exports under claim for drawback in GST Scenario -reg. Attention of the Trade is invited to Board s Circular No. 32/2017- Custom issued vide F. No. 609/64/2017-DBK dated 27.07.2017. 2. As you are aware, the higher All Industry Rates (AIRs) under Duty Drawback scheme viz, rates and caps available under columns (4) and (5) of the Schedule of All Industry Rates of Duty Drawback have been continued for a transition period of three months i.e. 1.7.2017 to 30.9.2017 (Circular No 22/2017

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mind the above difficulties, the Government has amended Note and Condition 12A of Notification 131/2016-Cus (NT) dated 31.10.2016 by Notification 73/2017-Cus (N.T.) dated 26.7.2017 and dispensed with the requirement of the certificate from GST officer to claim higher rate of drawback. To facilitate exports, the higher rate of drawback can be claimed on the basis of self-declaration to be provided by exporter in terms of revised Note and Condition 12A of aforesaid Notification. 5. Since Notes and Conditions of Notification No. l31/2016-Cus (NT) dated 31.10.2016 (as amended) are integral part of the rates of drawback given under the Schedule to said Notification, accordingly in terms of the Section 75(3) of the Customs Act, 1962 and Rule 5(2

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be irrespective of any certificate or declaration, if any, given earlier. 6. Another aspect that may be noted is that there . could be cases where export goods had been cleared from factory, warehouse, etc. prior to 1.7.2017 but let export order has not been issued before 1.7.2017. Such goods are not supplies under GST and accordingly, said Note and Condition 12A is not applicable. For such goods, the declaration from exporter or certificate from the then Central Excise officer as applicable in terms of Note and Condition 12 of said Notification No. 131/2016-Customs (NT) shall continue. 7. As part of audit checks, the need for regular sample checking of the veracity of declarations accepted for disbursing AIR drawback claims has been highl

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Customs – PUBLIC NOTICE No. 26/2017 – Dated:- 3-8-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, CITY CUSTOMS COMMISSIONERATE, P.B No. 5400, C.R.BUILDING, QUEEN'S ROAD, BENGALURU – 560 001 C.N0. VIII/09/27/2017 City cus Tech Date: 03.08.2017 PUBLIC NOTICE No. 26/2017 Sub: Customs – Leviability of Integrated Goods and Services Tax (IGST) on High Sea Sales of imported goods and point of collection thereof-reg. Attention of all Customs Brokers, Exporters, Importers, Members of the Trade and other stake holders is invited to Board's Circular No. 33/2017-Customs dated 01.08.2017 on the above subject matter. 2. The subject matter has been examined in the Board. 'High Sea Sales' is a common trade practice whereby the original impor

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able to IGST twice i.e. at the time of Customs clearance under sub-section (7) of section 3 of Customs Tariff Act, 1975 and also separately under Section 5 of The Integrated Goods and Services Tax Act, 2017. 4. GST council has deliberated the levy of Integrated Goods and Services Tax on high sea sales in the case of imported goods. The council has decided that IGST on high sea sale (s) transactions of imported goods, whether one or multiple, shall be levied and collected only at the time of importation i.e. when the import declarations are filed before the Customs authorities for the customs clearance purposes for the first time. Further, value addition accruing in each such high sea sale shall form part of the value on which IGST is collec

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Customs – PUBLIC NOTICE No. 42/2017 – Dated:- 3-8-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, NEW CUSTOM HOUSE, KANDLA-370 210 F. No. S/20-07/AG/GST/2017-18 Dated: 03.08.2017 PUBLIC NOTICE No. 42/2017 Subject: reg. Attention of the Trade is invited to Board's Circular No. 32/2017- Customs issued vide F. No. 609/64/2017-DBK dated 27.07.2017. 2. As you are aware, the higher All Industry Rates (AIRS) under Duty Drawback scheme viz. rates and caps available under columns (4) and (5) of the Schedule of All Industry Rates of Duty Drawback have been continued for a transition period of three months i.e. 1.7.2017 to 30.9.2017 (Circular No. 22/2017-Customs dated 30.6.2017). 3. Various issues have been highlighted by field formations and expor

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131/2016-Cus (N.T.) dated 31.10.2016 by Notification 73/2017-Cus (N.T.) dated 26.7.2017 and dispensed with the requirement of the certificate from GST officer to claim higher rate of drawback. To facilitate exports, the higher rate of drawback can be claimed on the basis Of self-declaration to be provided by exporter in terms of revised Note and Condition 12A of aforesaid Notification. 5. Since Notes and Conditions of Notification No. 131/2016-cus (NT) dated 31.10.2016 (as amended) are integral part of the rates of drawback given under the Schedule to said Notification, accordingly in terms of the Section 75(3) of the Customs Act, 1962 and Rule 5(2) of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, it may be noted

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hat may be noted is that there could be cases where export goods had been cleared from factory, warehouse, etc. prior to 1.7.2017 but let export order has not been issued before 1.7.2017. Such goods are not supplies under GST and accordingly, said Note and Condition 12A is not applicable. For such goods, the declaration from exporter or certificate from the then Central Excise officer as applicable in terms of Note and Condition 12 of said Notification No. 131/2016-Customs (NT) shall continue. 7. As part of audit checks, the need for regular sample checking of the veracity of declarations accepted for disbursing AIR drawback claims has been highlighted in Board's instruction F. No. 603/01/2011-DBK dated 11.10.2013. The said instruction

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Customs – PUBLIC NOTICE NO. 30/2017 – Dated:- 3-8-2017 – MINISTRY OF FINANCE DEPARTMENT OF REVENUE OFFICE OF THE COMMISSIONER OF CUSTOMS CUSTOM HOUSE, NEW HARBOUR ESTATE, THOOTHUKUDI – 628004. C. No. VIII/48/06/2016-Cus.Pol. Date: 03.08.2017 PUBLIC NOTICE NO. 30/2017 Sub: Clarification regarding exports under claim for drawback in the GST scenario-Reg. Attention of all Exporters / Importers/ Custom Brokers/ Clearing Agents / Steamer Agents/ Shipping agents/ Trade and Industry and Public is invited to the Circular No. 32/2017-Cus dated 27.07.2017 on the above cited subject. 2. As you are aware, the higher All Industry Rates (AIRS) under Duty Drawback scheme viz. rates and caps available under columns (4) and (5) of the Schedule of All Indus

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laws, etc., the said certificate from GST officer may not be available immediately at the time of export. 4. Keeping in mind the above difficulties, the Government has amended Note and Condition 12A of Notification 131/2016-cus (N.T.) dated 31.10.2016 by Notification 73/2017- Cus (N.T.) dated 26.07.2017 and dispensed with the requirement of the certificate from GST officer to claim higher rate of drawback. To facilitate exports, the higher rate of drawback can be claimed on the basis of self-declaration to be provided by exporter in terms of revised Note and Condition 12A of aforesaid Notification. 5. Since Notes and Conditions of Notification No. 131/2016-Cus (NT) dated 31.10.2016 (as amended) are integral part of the rates of drawback giv

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export products covered in past shipping bills for which let export order has been given from 1.7.2017 onwards. This shall be irrespective of any certificate or declaration, if any, given earlier. 6. Another aspect that may be noted is that there could be cases where export goods had been cleared from factory, warehouse, etc. prior to 01.07.2017 but let export order has not been issued before 01.07.2017. Such goods are not supplies under GST and accordingly, said Note and Condition 12A is not applicable. For such goods, the declaration from exporter or certificate from the then Central Excise officer as applicable in terms of Note and Condition 12 of said Notification No. 131/ 2016-Customs (NT) shall continue. 7. Difficulty faced in this re

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Reply by Finance Minister on GST dated 2-8-2017 – Goods and Services Tax – GST – Dated:- 2-8-2017 News – Press release

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Goods and Services Tax – Started By: – Archna Gupta – Dated:- 2-8-2017 Last Replied Date:- 3-8-2017 – Dear Experts, Please clarify that if there is no minimum threshold limit on Inter state transactions for registration under GST then why there is a provision in Section 5(4) of IGST Act,2017 for liability under reverse charges on the receiver of taxable goods or services or both on inter state transactions if the same is supplied from unregistered dealer, meaning thereby that the supplier is prohibited to make inter state sale of taxable goods or services or both without registration under GST. Looking forward to your help. Best Regards Archna Gupta – Reply By KASTURI SETHI – The Reply = Pl. Go through my article on threshold exemption pub

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goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act; (b) an agriculturist, to the extent of supply of produce out of cultivation of land. A dealer who has not taken registration on the ground that his turnover during previous financial year is below ₹ 20 lakhs is wholly exempted from payment of tax and if any registered person who procures goods from such unregistered dealer need not pay gst under reverse charge. If the Department insists on payment of gst then the provision giving exemption to a dealer whose turn over is below ₹ 20 lakhs then provision giving such exemption becomes otiose. – Reply By MADAN RAHEJA – The Reply = No separa

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Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 2-8-2017 Last Replied Date:- 1-12-2017 – Dear Experts, To file GSTR1, Its is asking aggregate turnover for previous year and also aggregate turnover for the period of April,May and June. As books of accounts and balance sheet preparation not yet done now, it will be prepared by end of the september only, In such case, shall aggregate turnover for the previous year be exact amount or can it be nearest amount for the turnover ? What

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Goods and Services Tax – Started By: – Gorantla Bhaskar Rao – Dated:- 2-8-2017 Last Replied Date:- 20-8-2017 – Dear experts One manufacturing unit is supplying goods and services to SEZ. After GST coming into existence, the exporters need to pay GST on their supplies to GST and to overcome the same they intend to file LUT with the department. But as per the Notification No.16/2017-Central Tax Dt.7.7.2017, CBEC specified certain condition and safeguards for the registered persons to supply goods or services for export without payment of integrated tax for furnishing LUT in place of Bond. As per one of the conditions, the exporter who received due foreign inward remittances amounting to a minimum of 10% of the export turnover, which should n

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Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 2-8-2017 Last Replied Date:- 12-1-2018 – Dear Experts,Borewell drilling services providing to state govt for the purpose of drinking water & agriculture use, what is the tax rate under GST or Exempted ?GST applicability on bore-well ?What are the related provisions and notifications if any relating to borewell services to govt/ to any other – Reply By KASTURI SETHI – The Reply = Covered under 995434 @ 18%. – Reply By RameshBab

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Goods and Services Tax – Started By: – Rajesh Bhatia – Dated:- 2-8-2017 Last Replied Date:- 4-8-2017 – We are as department getting work done for construction of building through contractor.What is t

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Customs – High sea sales of imported goods are akin to inter-state transactions. – GST council has decided that IGST on high sea sale (s) transactions of imported goods, whether one or multiple, shall

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Goods and Services Tax – Rule 61 – Where a return in FORM GSTR-3B has been furnished, after the due date for furnishing of details in FORM GSTR-2 – Special provisions for adjustment of tax dues, input

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Goods and Services Tax – Rule 46 – Tax invoice – Special provision for mentioned the details in respect of supplies meant for export extended to supplies to SEZ – TMI Updates – Highlights

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Goods and Services Tax – Rule 44 – Manner of reversal of credit under special circumstances – Reversal of ITC under GST – Sub Rule (2) and (3) substituted – Where tax invoice is not available for reve

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Goods and Services Tax – Rule 34 – Rate of exchange of foreign currency for the purpose of GST – in case of taxable goods, as per the rate notified under Customs Act and in case of taxable services, a

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Goods and Services Tax – Rule 24 – Migration of persons registered under the existing law – Date of surrender of GST registration where not required extended upto 30-09-2017 – TMI Updates – Highlights

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Goods and Services Tax – Started By: – ankit mehta – Dated:- 2-8-2017 Last Replied Date:- 2-8-2017 – if we (registered) are getting tea & coffee service from tea stall (unregistered), GST applica

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Goods and Services Tax – GST – Dated:- 2-8-2017 – New Delhi, Aug 1 (PTI) Major automobile makers today reported robust sales growth across segments driven by price reductions and restocking of vehicles at dealerships post GST implementation. Led by market leader Maruti Suzuki India, passenger vehicles segment witnessed strong growth last month with other companies such as Tata Motors, Mahindra & Mahindra (M&M), Ford India and Honda Cars India also registering double digit expansion in domestic market sales. Maruti Suzuki India (MSI) posted a 22.4 per cent increase in domestic sales at 1,54,001 units as against 1,25,778 in July 2016. The company's growth was driven by compact segment – comprising Swift, Estilo, Dzire, Baleno and

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r. Stating that there was administrative challenges associated with the introduction of GST in July, Ford India President and Managing Director Anurag Mehrotra said, adding that going ahead there will be short-term headwinds associated with GST and rising input costs. We believe a good monsoon, conducive financing rates and consumer confidence during festival season will provide a good impetus for the industry, he said. Homegrown utility vehicles major M&M saw a 13 per cent increase in its domestic sales at 39,762 units last month compared to 35,305 units in July 2016. A good monsoon, successful GST rollout and a good run-up to the festive season gives the company confidence of achieving robust growth in second quarter, M&M Presiden

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good monsoon would increase customer confidence and sentiment towards vehicle buying. In the commercial vehicles segment, Tata Motors said its domestic sales were up 15 per cent at 27,842 units last month following ramp-up of BS-IV production across segments. Passing on the benefits of GST to consumers by reducing the prices of its vehicles across all commercial vehicle segments has resulted in improved consumer sentiments, Tata Motors Head Commercial Vehicle Business Unit Girish Wagh said. Hinduja Group flagship firm Ashok Leyland reported a 14.19 per cent increase in total sales at 11,981 units in July as against 10,492 units in the same month last year. In two-wheeler segment, market leader Hero MotoCorp reported a 17.13 per cent increas

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Goods and Services Tax – Started By: – THYAGARAJAN KALYANASUNDARAM – Dated:- 2-8-2017 Last Replied Date:- 21-5-2018 – Dear expert, One of my client using SAP systems and made a invoice by yesterday and due to some discrepancies they need to cancel the invoice in same day. The invoice and the goods have not removed from the factory. Now my clarification is whether I can cancel the invoice or pass only credit note and compensate the supply invoice. Which one is correct as per the GST. Since the customer is unaware this issue. Thanks in advance. – Reply By Vamsi Krishna – The Reply = Since is SAP generated invoice, it is better to raise credit note and knock off both the invoices in return. IN GSTR-1 there is an option for amendment which inc

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Goods and Services Tax – Started By: – jayesh thacker – Dated:- 2-8-2017 Last Replied Date:- 3-8-2017 – REQ. GST HSN/SAC CODE AND RATE OF FOLLOWING ITEM1) TOLL TAX2) CAR PARKING3) BOND PAPER4) NOTARY5) DONATION6) BANK CHARGES – Reply By THYAGARAJAN KALYANASUNDARAM – The Reply = Dear sir, As per the GST concern, the services by way of access to a road or a bridge on payment of toll charges is exempt from GST vide N. No. 12/2017(rate) and 9/2017(rate) w. e.f. 01.07.2017 classified under 9967. – R

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