Latest 16 GST FAQ based on Tweet reply by official twitter handle of GoI

Latest 16 GST FAQ based on Tweet reply by official twitter handle of GoI for queries on GST in response to different queries asked


Question 1: If the MRP on a packet of edible oil says Rs. 750. Can the seller charge GST on it? Rs. 48.34 has been charged.
Answer: GST is included in MRP itself. He cannot charge GST over and above MRP.

Question 2: I made a mistake in amount of cash sale in GSTR-1 of July and filed this return. Now I can’t edit this amount.
Answer: You can provide corrected information in next month’s return.

Question 3: Is it really possible to maintain HSN summary of inward supplies as required in form GST 2?
Answer: Summary is required to be given in Table 13 of GSTR-2.

Question 4: If RCM is not filed & paid in July GSTR-3B return and filed & paid now in GSTR 2, need we pay any late fee or interest?
Answer: Pl see circular no. 7/7/2017 dated 01/09/17.

Question 5: Whether HSN summary is required to be given of exempted and nil rate supplies in GSTR 3?
Answer: GSTR-3 does not contain any such Table.

Question 6: Supplier filed one invoice as b2c but tax payer consider as input credit then what needs to be done in gstr 2 ?
Answer: Recipient needs to add that invoice in his GSTR-2.

Question 7: What about refund procedure to exporters? It was to be started from 10 Oct. Still no update on portal.
Answer: Refund of IGST paid on exports already started. For others detailed circular is being issued.

Question 8: We have opted composition scheme in Sept’ 17, now we don’t allowed to file GSTR2 return for July, it shows Qtrly periodicity?
Answer: Pl write to @askGSTech

Question 9: क्या जुलाई माह का GSTR-1 Oct-31 के बाद File किया जा सकता है?
Answer: GSTR-1 for July can be filed after date for GSTR-2 is over. Pl see first proviso to section 37(1).

Question 10: Exemption from reverse tax has been issued only in October. Pls clarify if reverse tax is applicable for July to September?
Answer: Notification is effective from date of notification.

Question 11: If work contractor received contract before GST but WC completed after GST then GST liability arise or not?
Answer: Please see section 142(10).

Question 12: We are MSME and exported to SEZ..with duty payment. Please let us know how to claim refund in view of extension of return filings?
Answer: Detailed circular is being issued.

Question 13: How to claim refund of IGST paid on services Exported in the month of August? How to go for LUT for export services?
Answer: Pl see circular no 8/8/2017 and Not No 37/17 both dated 4/10/17. Detailed circular is being issued about process of claiming refund.

Question 14: I want to take two registrations in one state on one PAN as different business verticals, Is there any special procedure?
Answer: Pl see rule 11 of CGST Rules.

Question 15: Any notifications for convert regular to Composition scheme, as it available in the portal. Can Now we convert regular to Composition?
Answer: Please see amended rule 3(3A) as notified vide Not No. 34/17- Central tax (CT) dated 15/09 as amended by Not No 45/17 – CT dated 13/10.

Question 16: Is it compulsory to put HSN code wise details in GSTR 2?
Answer: Pl see instruction no. 16 below GSTR-1 and no. 14 below GSTR-2.

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