Q. 708 Dear Sir, we have import spare parts for sewing machine some time we have given parts free of cast to customer for run the machine . when we are going to remove from the books we need to write of IGST also which is we have taken input at the time of Import. Kindly advise

Ans. You need to determine ITC after applying rule Rule 42 – Manner of determination of input tax credit in respect of inputs or input services and reversal thereof.

Q. 707 How to operate two factor authorisation in E way bill portal Login

Ans. Registration for 2-Factor Authentication: On logging to e-Waybill System go to Main Menu- > 2 Factor Authentication and confirm the registration. Once confirmed, the system will ask OTP along- with username and password. The OTP authentication is based on individual user accounts. The sub users of GSTIN will have separate authentication depending on their registered mobile number in the e-Way Bill/ e- Invoice System. Once you have registered for 2 Factor authentication, then the same is applicable for both e-Way bill and e-Invoice system

Q. 706 In case of a medical professional having exempt income of Rs 25 lakhs from medical receipt & also having income from sale of medicines of Rs 20 lakhs . Is registration compulsory in this case ?

Ans. Yes, GST registration is required.