Ques: 904: PLEASE ADVISE HOW TO REPLY TO DRC-01 :- WHERE A DEALER HAS TREATED CREDIT NOTE RECEIVED FROM BUYER IN RESPECT OF SALE RETURN AS PURCHASE AND INCREASED THE INPUT INSTEAD OF REDUCING OUTPUT TAX AS THE OUTPUT TAX WAS BECOMING NEGATIVE AND GSTR-3B WAS NOT ACCEPTING NEGATIVE FIGURE DURING THE YEAR 2019-20

Ans:As per Section 34 of the CGST Act, 2017, the Supplier is required to issue Credit note in respect of supplies made by them where the goods supplied are returned by the recipient.  Further, such Supplier is also required to report such Credit note in the GST returns.Accordingly, in the present case, the dealer is required to raise Credit note and report such Credit note in the GST returns.  However, in case value of such Credit note is greater than the value of output invoices for the particular period, in such a situation, the dealer is required to report such Credit note in the GST returns in the month wherein outward invoices are greater than the value of Credit note.

Ques: 903: If online classes is provided from India to the overseas students and the remittance is received in foreign currency whether the same will fall under The Export of Services & GST Exempt ?

Ans. It will be export of services 

Ques.902: . CLIENT IS IN THE BUSINESS OF CRANE RENTING BUSINESS
2. CLIENT HAS GST REGISTRATION IN THE STATE OF MAHARASHTRA, WEST BENGAL, TAMIL NADU AND KARNATAKA
3. CLIENT HAS IMPORTED THE CRANE, “BL” HAS GST NUMBER OF MAHARASHTRA
4. CRANE IS UNLODED IN CHENNAI (CLIENT HAS GIVEN “MH GST” NUMBER AND NOT THE “TN GST” NUMBER)
5. CLIENT HAS WORK ORDER FROM THE CUSTOMER OF ORISSA ON MAHARASHTRA ADDRESS AND GST NUMBER
6. CLIENT DOESN’T HAVE ORISSA GST REGISTRATION
7. NOW HOW TO MOVE THE CRANE FROM “TN” TO “ORISSA” AND DOCUMENTATION REQUIREMENT

Ans. For crane renting, goods should mover under the cover of delivery challan and invoice for renting services. E-way bill will be prepared on the basis of delivery,  ship from location: Chennai and Ship to location: Customer location.