Q. 415 What are the consequences if ITC 04 is not filed for exempted goods sent on job work ?

Ans. Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act, shall be liable to a penalty which may extend to twenty-five thousand rupees under CGST Act.

Q. 414 A composition scheme dealer sales turnover rs:30 lacs excess turnover show in it returns f.y 21-22 Question: 1.Dealer excess turnover rs:30 lacs DRC -03 challan through on tax only or with interest include 2.drc-03 challan pay nature of payment voluntary or any other sections applicable ?

Ans. The option to pay tax under composition scheme lapses from the day on which his aggregate turnover during the financial year exceeds the specified limit (Rs. 1.5 Crores / Rs. 75 lakhs). He is required to file an intimation for withdrawal from the scheme in FORM GST CMP-04 within seven days from the day on which the threshold limit has been crossed. Then normal provisions of GST returns will be applicable to the taxpayer. Yes, interest on delayed payment of tax shall be paid along with tax payment. He may pay tax along with interest through DRC-03. However, it is advised to take detailed opinion on the above subject matter. 

Q. 413 A registered workcontractor dealer different types of government departments.dealer gstr3b and gstr1 returns filed 11-21 to 10-22 nil filed.but department tds 2 percentage deduction department tds returns not filed dealer tds amount claim not taken Question: Dealer tds deduction turnover show in gstr3b and gstr1 November -22 returns or annual return filed 21-22 after drc-03 payment tax paid. 2.dealer annual turnover below rs:2 crores ?

Ans. As per section 51 read with rule 66, the certificate referred to in sub-section (3) of section 51 shall be made available electronically to the deductee on the common portal in FORM GSTR-7A on the basis of the return furnished under sub-rule (1).