Q. 140 While filing gst returns ask the bank account details even if submitted the bank account details ?

Ans. You are required to check your bank validation status on the GST portal.

Q.139 How to charge on GST on Air Ticket ?

Ans. As per sub-rule 3 of rule 32 of CGST rules, GST to be levied on value of service, and it is the value of booking tickets for air travel by an air travel agent. And it is to be determined as under:- 1. 5% of basic fare in case of domestic travel 2. 10% of basic fare in case of international travel Basic fare includes air fare on which commission is normally paid.

Q. 138 Can application for cancellation of GST be made, on account of falling below turnover limit( 20 Lakhs), when registration was made compulsory 2 years ago, when turnover was more than 20 Lakhs?

Ans. In terms of section 29, yes, a registered person can file an application for cancellation when the aggregate turnover is below threshold limit.