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consumption, Goods and Services Tax - GST

Issue Id: - 113302
Dated: 13-1-2018
By:- arun aggarwal

consumption


  • Contents

Sir

As I understand that in the regime of GST and specially for the SGST it is consumption based tax in the the state.

The mechanism of the area based exemption on SGST is based on that the product should be consumed in the state only.

My question is the on the defination of the consumption in the state , does it means industrial consumption also?

Arun

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Showing Replies 1 to 4 of 4 Records

Page: 1


1 Dated: 15-1-2018
By:- KASTURI SETHI

It is taxable. It is like captive consumption. The goods will reach final destination when these are completely finished. In other words goods cleared for industrial consumption, does not come into the definition of destination based consumption. Clear answer is no.


2 Dated: 15-1-2018
By:- YAGAY AND SUN

Please check the Budgetary Support Scheme under GST.


3 Dated: 15-1-2018
By:- KASTURI SETHI

M/s.Yagay and Sun,

Dear Sir, Thanks for enrichment of knowledge.


4 Dated: 15-1-2018
By:- arun aggarwal

Thanks


Page: 1

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