Regarding GST

Hi

For transport charges paid in Dec 2019, you can claim ITC in the returns for the month of Dec 19 which was to be filed by 20th Jan 2020 provided the same is getting reflected in GSTR 2A. 

The ITC restriction rule of 110% shall have to be followed.

Hi,

My views are as under:

It will be shown as a purchase without any tax, it will be the wrong disclosure if disclosed as exempted inward supply.

Yes, that would be an exempt supply and hence to be reported as exempt inward supply in GSTR 3B. It would be intra-state in general circumstances.

Dear Sir,

Hope you are doing well !!

Yes, you can claim ITC while filing Dec 2019 return.

Yes, you can show it in GSTR 3B as exempt inward supply.

A composition dealer cannot supply exempt goods. You have to register as regular dealer.

If registration is obtained and you're not liable to registration, GSTIN can be surrendered.

Further, no ITC can be availed on inputs utilized for providing exempt supplies. All common credit shall be proportionately reversed as per Rule 42 and 43 of CGST Rules.

If you take voluntary registration then u have to comply with all rules and compliances. Regarding regular or composite it depends on case to case basis 

If you take voluntary registration then you will have to comply will all rules and compliances.

However, composition taxpayers are allowed to sell Exempted goods.

According to CBEC, Traders can sell Exempted goods within state and they need not to show Exempted supply in his Turnover.

Composite is better.

Hello,

Yes, it would be declared under the column of Exempt supplies, Intra or Inter Sate.

I hope that this answer satisfies your requirements.

Regards,

CA Hunny Badlani

ITC of tax paid under RCM on freight would be available in Dec. 2019.

Take regular registration.

Hello Sir,

Even if they don't provide bills, you can show it in gstr 3b in exempt inward supply.

What is your business?

If you business is selling milk you are not required to take GST registration.

Milk is an exempt/ 0% item. You can show it in exempt inward supply.

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Thank you.

Yes, transport charges paid in DEC month 2019, you can claim ITC in DEC 2019.

Yes, you can take voluntary registration and go for composition scheme.