Q: Sir, what will be the tax treatment of the bills on which service tax was not paid till 30.06.17 due to non receipt of payment. If according to Point of Taxation Rules, 2011 the point of taxation falls before the appointed date, it will be governed by Service Tax provsions as provided vide Section 142 (11)… Read More »
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 »
Q Whether ITC in respect of cess payment under GST regime allowed ? Yes. ITC of input tax (as defined u/s 2(g) of GST (Compensation to States) Act, 2017) will be available for payment of cess Provisions relating to ITC in CGST Act are extended to cesses vide section 11(1) of GST (Compensation to States) Act.… Read More »