Various clarifications made through tweets by the Government

  • If any mistake is done or any wrong done is filed in GSTR-3B for the month than correction for the same can be made in next month's return or during reconciliation between GSTR-1, 2 & 3 with GSTR-3B for that particular month.
  • GST credit can be availed on spare parts used for vehicles repairs and vehicle is a truck used for moving goods.
  • Under Tran-1 we have to provide detail of Revised ST-3 and not the original ST-3.
  • In case if there is inter-state purchase of goods and bill date for the same is August, 2017 but if for the same goods are received after August, 2017, then ITC should be claimed in the return for the Month of September, 2017.
  • A taxpayer submitted his registration Application within 30 days but a taxpayer got registration in the month of August, 2017 than he can claim ITC for any goods purchased in the month of July, 2017 in the return of August, 2017.7. Even if a taxpayer forgot to submit some purchase in GSTR-3B of July, 2017 than you a taxpayer can add them in the return of August, 2017.
  • Composition Dealer can Import Goods on payment of BCD and IGST
  • If any service tax is paid on advance receipt in pre GST regime and the service is completed in post GST regime than while billing under GST Regime GST is payable on Bill Amount less Advance Received.
  • If any Input credit is claimed under VAT by filing Revised return after 1st july but before filing of TRAN 1 than it can be claimed only through filling TRAN-1 in GST.
  • ITC is available under GST with respect to CSR expenses incurred by companies.
  • Insurance/freight paid and charged separately in export invoice with IGST will not be treated as export of service.
  • MRP is inclusive of all taxes, no amount of GST can be charged over and above MRP. Amount of GST, however is required to be shown separately on Tax Invoice.
  • Even in case of over the counter sales, if the address of purchaser on Invoice is of other state than it would be treated as Inter-state Sale.
  • Amount of IGST need to be mentioned on the invoice made to SEZ.
  • In case of transporter whose 100% GST liability is paid under reverse charge by receiver of service than he is not required to be registered under GST as Per Notification No-5/2017 of Central Tax.
  • If GST is paid under RCM for the month of August, 2017 by 20th September, 2017 than it can be utilised against output liability for the month of August, 2017.
  • GST is to be paid under reverse charge on expenses incurred by Director of the company outside India for business purpose if it is in the nature of supply imported into India.
  • As per Section 51 of CGST Act, only registration of deductor has been opened. Date from which liability to deduct arises will be notified separately.
  • No ITC can be claimed on Car purchased for business purpose.
  • Manufacturer can take transitional ITC only on duty paying document as per Section 140(3) of CGST Act, 2017.
  • Custom Clearing Charges will come in form GSTR3B under the heading "All other ITC".
  • Advance received for export can be shown under Place of supply -Other Territory under tax bracket of 0% at Sl.11 GSTR-1.