Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Analysis of Clarifications issued by the C.B.E. & C.

Goods and Services Tax - GST - By: - CASanjay Kumawat - Dated:- 11-11-2017 - Introduction Due to various recommendations received by the C.B.E. & C from the various sectors of the economy, the C.B.E. & C. has clarified the following issues, are as follows: Supply of goods on approval basis within the State or in another State Taxability of Printing contracts (Issue related to Composite Supply) GST applicability on the Superior Kerosene Oil (SKO) retained for the manufacturer of Linear Al .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

issues a tax invoice only at the time of supply. Issue: The suppliers are not able to ascertain their actual supplies beforehand and while ascertainment of tax liability in advance is a mandatory requirement for registration as a casual taxable person, the supplier is not able to register as a casual taxable person. Clarifications: As per Rule 55(1)(c) of the CGST Rules, 2017, the supplier shall issue a delivery challan for the initial transportation of goods where such transportation is for rea .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of goods . A combined reading of the above provisions indicates that the goods which are taken for supply on approval basis can be moved from the place of business of the registered supplier to another place within the same State or to a place outside the State on a delivery challan along with the e-way bill wherever applicable and the invoice may be issued at the time of delivery of goods. The person carrying the goods for such supply can carry the invoice book with him so that he can issue the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

elated to Composite Supply) Background: For the purpose of printing, supply of books, pamphlets, brochures, envelopes, annual reports, leaflets, cartons, boxes etc., printed with design, logo, name, address or other contents supplied by the recipient of such supplies. Issues: Whether such supplies would constitute supply of- goods falling under Chapter 48 or 49 of the First Schedule to the Customs Tariff Act, 1975 (51of 1975) or , or supply of services falling under heading 9989 of the scheme of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of what constitutes the principal supply. Meaning of Principal Supply Principal supply has been defined in Section 2(90) of the CGST Act, 2017 as supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary. Supply of services classified under heading 9989 In the case of printing of books, pamphlets, brochures, annual reports, and the like, where only content is supplied by the publis .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cards, printed boxes, tissues, napkins, wall paper etc. falling under Chapter 48 or 49, , printed with design, logo etc. supplied by the recipient of goods but made using physical inputs including paper belonging to the printer, predominant supply is that of goods and the supply of printing of the content [supplied by the recipient of supply] is ancillary to the principal supply of goods and, therefore, such supplies would constitute supply of goods falling under respective headings of Chapter 4 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ivate Limited to JKPL shall be considered as supply of services falling under heading 9989 of the scheme of classification of services. As the supply of printing of the content (i.e., annual report) supplied by the recipient of supply (i.e., JKPL) is the principal supply. Supply of Goods: M/s. Arvind Associates has entered into contract with M/s Yuvance Printings Private Limited for supply of letter heads and envelops with logo of Arvind Associates. Design and Logo details will be supplied by th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

/2017-GST, dated 20.10.2017] GST applicability on the Superior Kerosene Oil (SKO) retained for the manufacturer of Linear Alkyl Benzene (LAB) Background: LAB manufacturers receive superior Kerosene oil (SKO) from, a refinery, say, Indian Oil Corporation (IOC). They extract n-Paraffin (C9-C13 hydrocarbons) from SKO and return back the remaining of SKO to the refinery. LAB manufacturers generally receive superior kerosene oil [SKO] from a refinery through a dedicated pipeline; on an average about .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version