GST

GST FAQ-Registration required when Google Ads turnover exceeds 20 lakhs

GST FAQ-Registration required when Google Ads turnover exceeds 20 lakhs. Tweet by GOI official twitter handle for replying GST queries

Question: Advance was given when the rate was 28% and our vendor has paid taxes on it. Subsequently rate has fallen to 18%. Will the invoice be raised at 18%? If yes, what to do of additional 10% paid as advance?

Answer: Assuming supply happened after the change in the tax rate, the time of supply is date of issue of invoice. Therefore 18% additional tax paid can either be adjusted in subsequent months or claimed back as refund.

Question:  On my website I show google ads, for which I can’t generate invoice. Google calculates my earnings and transfers to my bank account. For brands, which given ads directly to me, I generate invoice. My annual turnover has not crossed Rs. 20 lakhs. Do I need to register for GST?

Answer: registration is required when aggregate turnover exceeds Rs. 20 lakhs

Question: In transition credit of excise duty available on an inter-state sale made on 23rd June, 2017 but delivery is yet to be taken? Kindly clarify.

Answer: If the credit of the excise duty was taken in the last return filed under excise, then it is eligible for transition.

Share

Recent Posts

  • Income Tax

Object of assessment proceedings is not to find empirically correct solution on every fact issue – HC

It can never be the object of assessment proceedings to find an empirically, absolutely correct solution on every fact issue…

5 days ago
  • Income Tax

Penalty u/s 270A deleted as assessee filed revised computation during scrutiny

Penalty u/s 270A deleted as assesse filed revised computation during scrutiny correcting the mistake which was noticed only after the…

6 days ago
  • Income Tax

Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT

Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…

1 week ago
  • Income Tax

Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT

Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment  - ITAT In…

2 weeks ago
  • Income Tax

Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT

Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…

2 weeks ago
  • Income Tax

Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII

CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…

2 weeks ago