Q : Whether Input credit of Education cess allowed to carry forward & set off against GST ? No . [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q Sir..if company doesn’t have office in other state but resident service employee (staying in own home) who provides service there – is registration required under GST ? Based on the circumstances of the case, if the supply is not made from that state then registration is not required. [ Reply as per Twitter Account of Govt… Read More »
Q I am registered in TN [ Tamil Nadu ] and getting the service from unregistered dealer of AP [ Andhra Pradesh ]. Should I take regestration in AP to discharge GST under RCM [ Reverse Charge Mechanism ] If place of supply is TN [ Tamil Nadu ] , RCM of IGST will be paid… Read More »
Q : Is input tax credit eligible on gst charged by the vendor on interest/ penalty for late payment of consideration Interest/penalty/late fee for delayed payment of consideration is included in Value of supply under Section 15(2)(d). Hence, GST payed on it is eligible for ITC subject to fulfilment of other conditions to avail ITC. [… Read More »
Q : If a company in Maharashtra holds only one event in Delhi, wil they have to register in Delhi ? Or IGST from Maharashtra is ok They have to obtain registration in Delhi. They can, however, avail of Casual Taxable Person option. [ Reply as per Twitter Account of Govt of India for GST queries… Read More »
Q : Is there any concept of area based exemption in GST No, not under GST. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q Dear Sir Whether CGST and SGST liability wrongly paid in place of IGST can be adjusted out of subsequent month liability. No. If wrongly paid CGST/SGST instead of IGST, he would have to pay IGST and shall get refund of CGST/SGST. No interest liability. Refer Section 77. CGST and section 19 IGST. Section 77 of CGST… Read More »
Q :Is IGST credit at 1 branch of bank in 1 state will be available for set off agst GST liability in other branch in another state? No. ITC pool is separately maintained for each registered person. No cross utilization between distinct persons. [ Reply as per Twitter Account of Govt of India for GST queries… Read More »
Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 : Govt mandates reporting of Aadhaar and PAN to authorities MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st June, 2017 G.S.R. 538(E).—In exercise of the powers conferred by sub-section (1) read with clause (h), clause (i), clause (j) and clause (k) of… Read More »
Request for Applications for Empanelment for Selection of Concurrent Auditors for the F.Y. 2017 – 18 Last Date for submission of ROE :15.06.2017. CLICK ON THE BELOW LINK FOR ONLINE APPLICATION & FOR TERMS & CONDITIONS. http://210.212.195.73:8080/conaudit/cbankauditindex.htm. Empanelment Document.pdf Conditions.pdf Annexure I.pdf Corrigendum.pdf