TMI BlogClarifications of certain issues under GST.X X X X Extracts X X X X X X X X Extracts X X X X ..... The Asstt. Commissioner of State Taxes and Excise, Incharge Distt. Kinnour, H.P Dated Shimla-9 13th March, 2019. Madam/Sir, Subject: Clarifications of certain issues under GST regarding Various doubts have been arisen amongst taxpayers on certain issues under the GST laws. Therefore, clarifications on the same are as below: Sl.No. Issue Clarification 1 Whether moulds and dies owned by Original Equipment Manufacturers (OEM) that are sent free of cost (FOC) to a component manufacturer is leviable to tax and whether OEMs are required to reverse input tax credit in this case? Moulds and dies owned by the original equ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se or furtherance of the former s business. 2 How is servicing of cars involving both supply of goods (spare parts) and services (labour), where the value of goods and services are shown separately, to be treated under GST? The taxability of supply would have to be determined on a case to case basis looking at the facts and circumstances of each case. Where a supply involves supply of both goods and services and the value of such goods and services supplied are shown separately, the goods and services would be liable to tax at the rates as applicable to such goods and services separately. 3. In case of auction of tea, coffee, rubber etc., whethe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ipal and the auctioneer for the purpose of auction of tea, coffee, rubber etc., or the principal and the auctioneer for the purpose of supply of tea through a private treaty, shall intimate their jurisdictional officer in writing about the maintenance of books of accounts relating to the additional place(s) of business at their principal place of business. 3.2 It is further clarified that the principal and the auctioneer for the purpose of auction of tea, coffee, rubber etc., or the principal and the auctioneer for the purpose of supply of tea through a private treaty, shall be eligible to avail input tax credit subject to the fulfilment of other provisions of the HPGST Act read with the rules made thereunder. 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
