Question 1: services in the nature of license fees obtained from outside India, Is RCM applicable om this??
Answer: The query is not clear. However if it is import of services, RCM is applicable. Refer Notfn., 10/2017-IT Rate. dated 28.6.2017.
Question 2: One of my client having itc 39 lak he is doing a business of textiles to export. He opt at the time of shipment with out payment of igst. In gst portal now refund option is available. May i claim refund of itc by filing rfd1 right now or else suggest me?
Answer: U can claim refund of accumulated credit. Pl. refer circular 17/17/2017 dt. 15.11.2017 for detailed procedure.
Question 3: Is RCM applicable for service & software import by IT company for export Services or full fill international client needs?
Answer: Yes. Import is considered as interstate supply. Refer Sec 7 of IGST Act.
Question 4: I am Exporter of services. My all receipts will be in foreign currency. My aggregate turnover for the FY 2017-18 will be INR 12.00 Lakhs. Whether I require to take registration under GST. No input GST is involved in my business.
Answer: Persons making any interstate taxable supply has to take registration. Refer Sec 24(1).
Question 5: Purchased out of India, Sale out of India, Any GST compliance required in India is above transaction done by Indian Company?
The facts given are not enough to determine levy. Pl. refer Sec 5,7,11 of IGST Act.
Question 6: whether CMP-3 to be filed by persons who were already in composition scheme in pre GST era and persons who were dealing in Tax free goods like fabrics (now opted for Composition )
Question 7: Sir. How to apply for cancellation of gst registration applied voluntarily, since igst notification 10/2017 exempt service provider with value of services less than 20lakhs from obtaining registration
Answer: Pl. apply in form REG-16. In case of any difficulty in system write to
Question 8: Composition dealer Registered on 19.09.2017. Form GSTR 4 for July-Sept NOT available on GSTR Portal. How to file return for that period ?
Answer: U can filed GSTR 4 upto 24th Dec, 2017. Any system difficult write to
Question 9: What should I do. If 3B and Gstr 1,2,3 didn’t match?
Answer: GSTR 1,2,3 are periodic returns whereas 3B is only summary interim return. If there is any difference tax liability in regular returns same need to be paid with consequential effects.