Q: can one invoice contain both taxable as well as exempted supplies? No. As for exempted items, bill of supply is required to be issued. [ 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 How to delete enrollment form ? Details entered on the portal can be edited through “My saved application” only if,ARN number has not been generated. [ 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… Read More »
Q whether Electricity co. can avail ITC (Input tax Credit) on Dry Fly ash/other taxable goods/services , whereas electricity is out of GST ? ITC is allowed only if engaged in taxable supplies. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q: what will be the position of SSI Exemption Limits on Excise duty now CGST. SSI units are back bone of our Economy No separate limit for excise duty exemption in GST. Anybody w aggregate turnover up to Rs 20 lakh (10 lakh in Special Category States) is exempt except in cases listed in Section… Read More »
Q: What is the rate of GST for purchase of flat? Rate of GST on purchase of flat before completion is 12% of value including value of land. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q whether GST paid on advance payment is avaliable as input credit ? No. Please see Section 16(2) of the CGST Act, 2017. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q When and where the stock as on 30.06.2017 to be declared. Please refer to the Transition Rules. [ Final GST Transitional Provisions Rules as approved by GST Council on 03.06.2017 ] [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] [ Reply as per Twitter Account of Govt of India for… Read More »
Q : On formulations GST will be on MRP or at sale price… No concept of payment of GST on MRP basis. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q: Do registered dealers have to upload sale details of unregistered dealers also in GSTR 1? Generally not. But required in case of inter-State supplies having invoice value of more than Rs 2.50 Lakhs. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries… Read More »
Q: Service Tax on Works Contract is 10.5%(50/50 under RCM- existing Reverse Charge Mechanism).What would be GST on works contract and whether any credit will be available to Receiver ? Pl see Section 17 (5)(c ) and (d) of CGST Act, 2017 [ As per Section 17 (5)(c ) and (d) of CGST Act, 2017 : No… Read More »