Goods and Services Tax - Page 4

GST Rate on supply of Eucalyptus / Subabul wood de-barked pulp wood

In re Sri Venkateswara Traders (GST AAR Andhra Pradesh)

In re Sri Venkateswara Traders (GST AAR Andhra Pradesh) GST @5% is being paid on supply of pulp wood in terms of Chapter 4401. Whether payment of GST at the said rate is Correct or Not? Yes, The supply of Eucalyptus / Subabul wood de-barked pulp wood in cut sizes, supplied to various paper mills […]...

Read More

GST Rate on tobacco leaves procured at auction platforms or from farmers

In re Pragathi Enterprises (GST AAR Andhra Pradesh)

In re Pragathi Enterprises (GST AAR Andhra Pradesh) Applicant has sough advance ruling on following issues- 1. What is the rate of GST applicable on tobacco leaves procured at tobacco auction platforms or directly from farmers, which are cured and dried by farmers themselves? 2. If the applicant purchases tobacco leaves form other dealers...

Read More

AMRCL is a Government Authority; AAR on functions of Municipality

In re Amaravathi Metro Rail Corporation Limited (GST AAR Andhra Pradesh)

In re Amaravathi Metro Rail Corporation Limited (GST AAR Andhra Pradesh) 1. Whether M/s. Amaravathi Metro Rail Corporation Limited (AMRCL) is a Government authority as per the Notification No. 12/2017 of Central Tax ( Rate), dated 28th June 2017, read with Notification No. 32/2017 of Central Tax (Rate), dated 13th October 2017. The applic...

Read More

GST on sale of tobacco leaves received from farmers made by Commission Agent

In re Jayalakshmi Tobacco Company (GST AAR Andhra Pradesh)

In re Jayalakshmi Tobacco Company (GST AAR Andhra Pradesh) Q1. Will GST be applicable on sale of tobacco leaves received from farmers made by Commission Agent in an auction and his turnover is less than Rs.20 Lakh? As per entry No:24 Notification No: 11/2017- Central Tax(Rate) dated : 28.06.2017, Commission agent dealing with agricultural...

Read More

ITC not eligible on vehicles purchased to use as mobile cotton labs

In re Indian Cotton Solutions.Com Private Limited (GST AAR Andhra Pradesh)

In re Indian Cotton Solutions.Com Private Limited (GST AAR Andhra Pradesh) Whether they can utilize /refund the ITC which is readily available in GST Portal, for the vehicles purchased by them for the purpose of their core business activity? It is submitted that the firm purchased five vehicles to use as mobile cotton labs, for […]...

Read More

GST on Fancy Number Reservation with RTO; AR Application withdrawn

In re Pydi Ganesh Chandra Babu (GST AAR Andhra Pradesh)

In re Pydi Ganesh Chandra Babu (GST AAR Andhra Pradesh) Whether the considerations collecting by the Road Transport Department on  account of issuing Fancy Number on Reservation? Comes under GST taxable  net or not ?  If comes under GST purview what is the rate of tax? Since the applicant withdrew the Advance Ruling (AR) application [&...

Read More

Energy-G Premium oil classifiable under HSN 1518; 5% GST Payable

In re Agarwal Industries Private Limited (GST AAR Andhra Pradesh)

In re Agarwal Industries Private Limited (GST AAR Andhra Pradesh) Energy-G premium oil is manufactured out of Vegetable fats / oils and not from animal fats / oils. That being so the classification of product is HSN 1518 and shall be subject to 5% GST as per Schedule I of Notification 1/2017-C.T (Rate) dated 28.06.2017 […]...

Read More

AAR cannot decide eligibility to claim Transitional Input Tax credit

In re NSL Mining Resources India Private Limited (GST AAR Andhra Pradesh)

In re NSL Mining Resources India Private Limited (GST AAR Andhra Pradesh)  1) Whether Excise duty , CVD and SAD paid on Capital Goods purchased prior to July 1st July 2017 on which CENVAT credit has not been claimed earlier, can be claimed U/s 140(2) of the CGST Act, 2017 in the absence of registration […]...

Read More

Diwali With TDS In GST

Article explains Objective of TDS under GST, For whom deduction of TDS under GST is Mandatory, Computation of Value of Supply under contract for TDS,   When TDS under GST is not require to be deducted, Registration as a Deductor of TDS under GST, Return to be filled by Deductor of TDS under GST, Utilisation of […]...

Read More

GST input credit on goods / Services used for creating sheds & Installation (Foundation) of plant & Machinery

In re Maruti Ispat & Energy Private Limited (GST AAR Andhra Pradesh)

In re Maruti Ispat & Energy Private Limited (GST AAR Andhra Pradesh) 1. Whether the applicant is eligible to take GST input on Goods which are used for installation (Foundation) of Plant and Machinery? 2. Whether the applicant is eligible to take input on services which are used for installation (Foundation) of plant and machinery? [&...

Read More

Goods and Services Tax India

The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.

At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.