Q: I will have to pay tax as GST or have to pay it differently as CGST and SGST ? Both the levies are different. But yes while depositing the tax one payment challan can be used. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST… Read More »
Q: Is ISD (Input Service Distributor) an option or a mandate under the law? ISD is an option provided to distribute your input tax credit for services. [ 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… 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 »