The Central Government abolished various Cesses in the last three years for smooth roll-out of GST The Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services in order to prepare the ground for smooth roll- out of Goods and Service Tax (GST)… Read More »
Q: we have 5 SEZ (Special Economic Zone) units in same sez zone, do we need to take separate reg for each unit or single registration ? One registration for all units together. Pl see proviso to Rule 1(1) of Registration Rules [ Reply as per Twitter Account of Govt of India for GST queries of… Read More »
Q: which tax needs to pay IGST or CGST+SGST in case of services received by company within state and that service is under RCM ( Reverse Charge Mechanism ) ? Since this is an intra state supply. CGST + SGST will be applicable. [ Reply as per Twitter Account of Govt of India for GST queries… Read More »
Q: Is GST applicable on advances received for sale of goods too ? Yes. Refer : GST on Advance Payments of Goods & Services ; Analysis [ 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… Read More »
Q What about Swach Bharat Cess, whether input credit carried forward to GST ? NO [ 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: Can Input credit of Krishi Kalyan Cess carried forward to GST? No. [ 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: 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 »