Q: Please clarify the status of 100% EOU ( Export Oriented unit) Whether the provisions relating to zero rated supply are applicable as it is to 100% EOU ? Provisions of zero rated supplies are not applicable to EOU. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other… Read More »
Q: Works contract is to be treated as supply or service? Answer : Supply of works contract as defined in section 2(119) of CGST Act, 2017 is supply of service. As per section 2(119) of CGST Act, 2017 “works contract” means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance,… Read More »
Q : some goods classified in NIL rate ,does that mean they are exempt goods ? If its so they will not get any itc refund ? Refund of ITC available in case of supply of Zero-rated supplies & goods/services suffering inverted duty structure. See Section 54(3), CGST Act [ Section 2(47) of CGST Act 2017… Read More »
Q : GST is not applicable to Jammu and Kashmir (J &K) , How the person supplying to J & K will pay GST? This will be inter-State supply and IGST would be payable. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries… Read More »
Q: Is GST applicable on second hand goods ? Yes, as it will be treated as supply in terms of Section 7 of CGST Act, 2017. [ Refer Valuation Rule 6(5) : as follow (5) Where a taxable supply is provided by a person dealing in buying and selling of second hand goods i.e. used… Read More »
Q: Need clarity whether broker will bill or producer will bill under GST in case of purchase of Tea from Auction in West Bengal ? Each registered supplied will produce the invoice. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied Read… Read More »
Q: For TCS compliance – do e-commerce portal have to register in each state where vendor is located or from one premise it can be done ? E-Comm companies are required to register only where they are located and vendor ‘s location is not relevant. [ Reply as per Twitter Account of Govt of India for… Read More »
Q: Whether provisional GSTIN and final GSTIN will be same or it may different as final rules have changed format of GSTIN? There is no change in format of GSTIN and therefore provisional and final GSTIN would be same [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other… Read More »
Q: Is separate registration required for Trading and Manufacturing by same entity in one state? There will be one registration under GST [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied Read other related GST Technical / GST Tech Questions
Q: Sir how would GST work with regards to Cinema halls. Can you please share some details. ? Admission to Cinema hall for exhibition of film is a supply and GST is leviable on value of supply for such admission. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read… Read More »