Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

IGST on Customer Consgined item for production purpose

Goods and Services Tax - Started By: - MistralSolutionsPrivateLimited - Dated:- 11-4-2018 Last Replied Date:- 12-4-2018 - Dear All, Overseas customer wants to send few specific components (FOC) to our production unit and wants us to integrate the com .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n 16 of GST act, ITC is not eligible if the payment is not made to the supplier. Since we are not going to make the payment to the supplier as the components are supplied free of cost. Please clarify in this scenario, can we avail the ITC or not. reg .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

are to fulfilled. You qualify only second condition. Hence ITC is not allowed. - Reply By MistralSolutionsPrivateLimited - The Reply = Dear Kasturi Sir,We qualify 1st condition also as the consignment is cleared on payment of Duty. My question is can .....

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
 


|| 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.