Q.   Whether notification 66/2017 central dated 14.11.2017 is applicable for all assesses or for those only who are eligible for compounding scheme but not opted for the same?

Ans.   It is applicable to all registered persons who did not opt for composition levy under Section 10 of CGST ACT, 2017.

Q.   We have filed GSTR-3B with that days exchange rate for shipments of the than IGST paid. But invoice value as per Shipping Bill is as per Customs notified rates. Pls suggest which value to be updated in TABLE 6A?

Ans.   As per exchange rates notified under Customs Act.

Q.   In case of return of a good (or service), is the GST paid liable for refund?

Ans.   Credit not may be issued and tax liability can be adjusted within a time limit-pls. refer to sec 34  

Q.   Sir, I have started my firm under proprietorship but due to some reason I wanted to transfer my ownership but I could not due to new GST law it can not, kindly let me know what can be done?

Ans.   You can transfer your business and as per sec 22(3) of CGST Act, the person to whom you have transferred shall be liable to get registered with effect from the date of such transfer or succession.

Q.   I am a used goods dealer if I sell goods to other States should I Bill on margin amount or full amount?

Ans.   If no ITC was availed then as per rule 32(5) of CGST Rules, value shall be the margin value.

Q.   I am in Delhi and one customer from Gujarat, GST registration also of Gujarat, but wants delivery of goods in Delhi. What tax will be applicable?

Ans.   CGST and SGST as per sec 10(1)(a) since Place of Supply in this case is where the movement of the goods terminated for delivery to the recipient

Q.   It is mandatory to mention in GST return the turnover of service(s) which is 0% rated

Ans.   Yes. Details of zero rated services are required in GSTR-3B

Place of supply determines CGST and SGST applicability; delivery location governs tax treatment for intra-state transactions. Notification 66/2017 applies to all registered persons not opting for composition levy. Table 6A values for shipments must use Customs Act exchange rates. Returns of goods allow issuance of credit and adjustment of tax within statutory time limits. Transferees of a proprietorship must register from the date of transfer. Used goods sold interstate without ITC are valued on the margin. Place of supply is the delivery location, attracting CGST and SGST. Zero rated services must be reported in GSTR 3B.