Q: Whether taxable supply includes exempt supply ? Exempt supply as defined in Section 2(47) of CGST Act encompasses within its ambit the whole of non-taxable supply and a part of taxable supply (such as nil rated supply). [ Reply on 03.06.2017 at 4.25 am as per Twitter Account of Govt of India for GST queries of… Read More »
Q: A dealer supplies exempted goods/nil rated goods inter state…turnover 18 lakhs…is he liable for registration ? Person making inter-state taxable supplies liable for registration irrespective of turnover. Nil rated supplies are taxable supplies. Only if exclusively making non-taxable supplies, not liable for registration. [ Reply on 03.06.2017 at 4.26 am as per Twitter Account of… Read More »
Q : For ‘bill to’ ‘ship to’ transactions wherein ship to is to another branch of the same company, what will be the place of supply ? For that transaction, PoS (Place of Supply) is the “bill to” location given that it was shipped to a different location based on the instructions given by the “bill… Read More »
Q: Please clarify about Ad billing from Media owner/Publisher to Client/Ad Agency. Also clarify about ad agency charge GST from client? If services to Govt/Statutory authority/Local authority, PoS (Place of Supply) for advertising services is governed by Section 12(14), IGST Act. If services to any other entity, PoS governed by Section 12 (2). Billing and discharge… Read More »
Q: Sir, whether trucks of transporter moving inter state will be stock transfer of asset. Do we need to pay IGST on every move? If the truck in its capacity as a business asset is transferred to related/distinct person in another state it will amount to stock transfer and IGST is leviable. [ Reply on 03.06.2017… Read More »
Q: Sir if a firm providing services to other state do the firm require to register in such state for tax invoice not having any office in such state? No. Registration is only required in the state from where a taxable supply is being made. [ Reply as per Twitter Account of Govt of India for… Read More »
Q: Please advise is Clean Energy CESS on imported Coal being Rs. 400 PMT continue to be applicable in GST ? No. Clean Energy Cess will not continue in GST. Chapter VII of Finance Act, 2010 which levied Clean Energy Cess is being repealed vide Section 18 of Taxation Laws (Amendment) Act, 2017. Coal, however, will… Read More »
Q: Sir if supplier provides discount based on achievement of my sales target than I have to raise invoice with GST for that? If the discount is established beforehand through agreement, specifically linked to relevant invoices & corresponding ITC reversed, ) then GST is levied excluding such discount value. Refer Section 15(3) of CGST Act. [… Read More »
Q: If an SEZ unit purchases from an unregistered person, is he required to issue a tax invoice? Yes. Under Section 31(3)(f) of CGST Act, a tax invoice needs to be issued by the recipient. SEZ being registered recipient here. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read… Read More »
Q : Whether remuneration to partners by the partnership firm is liable to tax? Remuneration to partners over & above share of profits not in nature of employer-employee relationship. Hence appears to be liable to tax [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions… Read More »