TMI Blog2018 (6) TMI 431X X X X Extracts X X X X X X X X Extracts X X X X ..... T on CIF value imported goods, he is still required to pay IGST on ocean fright. What will be the supporting document for importer under RCM to take the credit of IGST paid on ocean freight under CIF basis contract? - Held that:- Credit of IGST paid can be taken on the basis of invoice/challan issued. Whether credit will be available in GST of office fixtures & furniture, A.C. plant & sanitary fittings on newly constructed building on its own account for furtherance of business and accounting entry is capitalized in books of account? - Held that:- As per explanation to the Section 17 of CGST Act, 2017 credit is not available in respect of land, building or any other civil structure - Cenvat Credit of GST paid in relation with buildin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on matters or on questions specified in sub section (2) of section 97 or sub section (1) of section 100 in relation to the supply of goods or services or both being undertaken or proposed to be undertaken by the applicant. 3. As per the said subsection (2) of Section 97 of the CGST Act advance ruling can be sought by an applicant in respect of : (a) Classification of any goods or services or both (b) Applicability of a notification issued under the provisions of this Act, (c) Determination of time and value of supply of goods or services or both, (d) Admissibility of input tax credit of tax paid or deemed to have been paid (e) Determination of the liability to pay tax on any goods or services or both (f) Whether the app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oods, he is still required to pay IGST on ocean fright. Authority also observe that the applicant has also submitted a copy of Special Civil Application No. 726 of 2018 filed by Mohit Minerals (P) Ltd. before Hon'ble High Court of Gujarat in this regard. Authority observes that mere filing of an application before the Hon'ble High Court does not render a notification issued by the Central Government ultra vires until or unless the same is turned down by the competent court. (b) supporting document for importer under, RCM to take the credit of IGST paid on ocean freight under CIF basis contract Credit of IGST paid can be taken on the basis of invoice/challan issued (c) Whether credit will be available in GST of office fi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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