Q: In case of Job Work is registration required if the turnover is above threshold limit.Even if Supplier is registered under GST Yes, required if the aggregate turnover exceeds threshold limit. Refer Section 2 (6) and explanation given below Section 22 of CGST Act. [ Reply as per Twitter Account of Govt of India for GST queries of… Read More »
Q: Are GST Council’s decisions only recommendatory ? Can States defy recommendations & issue an independent Notification? No. Every notification has to be mandatorily recommended by GSTC. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q: Please confirm whether export through merchant exporter by 100% EOU would be Zero rate supply and claim refund. ? As the law exists today, only direct export of goods/services and SEZ supplies are zero rated under Section 16(1) for which claim of refund is allowed under Section 16(3) of IGST Act to the exporter. [… Read More »
Q: Whether IGST credit of Maharashtra can be utilized against the liability of Gujarat? IGST credit fungibility exists across IGST, CGST and SGST, but limited to the registered person ITC pool cannot be cross utilized amongst distinct persons. [ Reply on 05.06.2017 at 5.16 am as per Twitter Account of Govt of India for GST queries of… Read More »
Q: sir we have one manufacturing unit & one sales branch in same state . Do we need seprate registration of both ? No [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q: Supplies outside taxable territory and one of the conditions for export not met.IGST leviable? If supplier is located in India and place of supply is outside India, then it is an inter-state supply under Section 7(5)(a) of IGST Act and no GST is leviable. If conditions of export are not met and tax is… Read More »
Q we are registered in Punjab in textile, having let out property in Mumbai. Whether we require registration in maharastra also ? Yes. Taxable supply of renting is being provided from Maharashtra, hence registration required in Maharashtra. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST… Read More »
Q : what’s about Mandi Samiti tax in GST it’s continue or not? Mandi samiti tax is in nature of taxes/fees levied by local bodies. Outside the purview of GST. They will continue as not subsumed in GST. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related… Read More »
Q :Is RCM [ Reverse Charge Mechanism ] to be paid or self invoice to be raised for purchases of goods from unregistered dealers ? Under CGST Act, Section 9(4) requires the registered recipient to pay on RCM when recieving from unregistered person and Section 31(3)(f) of the said Act requires the registered recipient to… Read More »
Q : Are goods purchases from unregistered dealers to be reported in monthly returns? Yes. Section 38(2) of CGST Act requires declaration of inward supply details including those liable under RCM [ Reverse Charge Mechanism ], which includes purchases from unregistered persons under Section 9(4) of CGST Act. [ Reply on 05.06.2017 at 2: 40 am… Read More »