GST

GST FAQ-RCM on Foreign Company invoices, Freelancers, Late Fee, deemed export etc.

GST FAQ-RCM on Foreign Company invoices, Freelancers, Late Fee, deemed export refund, complain for not charge GST in bill in UP etc. 

Question 1: Paid GST Tax as RCM on Foreign Company invoices. Kindly let us know where we need to show invoice wise details in GSTR-2 Return?
Answer: In table 4 of Form GSTR-2.

Question 2: If a dealer does not charge GST in bill in UP where to complain?
Answer: Please inform the jurisdictional Division office. Notification No. 2/2017-Central Tax dated 28.06.2017 may be referred to.

Question 3: Which section declares GST paid on ‘deemed export’ as eligible for refund? ….. can not be 54. Please advise.
Answer: Refund on deemed exports become eligible under section 54 of CGST Act read with Rule 89 of the CGST Rules.

Question 4: What is the impact for freelancer (export of services) payment received through paypal or upwork into local  bank transfer?
Answer: For qualifying export of service, all conditions under section 2(6) of the IGST Act must be satisfied that is, consideration must be received in foreign convertible currency. If not, it is an inter-state supply on which IGST must be paid.

Question 5: Late fee for GSTR-1, 2 & 3 for July, Aug & Sep has also been waived? Or 3B Late fee only waived?
Answer: late fee for delayed filing of FORM GSTR-3B only has been waived.

Question 6: What is the effective date of Notification No. 38/2017 Central Tax (Rate) for suppression of RCM?
Answer: 13th October, 2017

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