GST queries
Query (Issue) Started By: – Yatin Bhopi Dated:- 9-8-2018 Last Reply Date:- 22-5-2019 Goods and Services Tax – GST
Got 5 Replies
GST
Dear experts,
Below are some of my queries please share your views
1. We pay commission to foreign vendor who facilitate to find customers. But as per POS rules GST is not payable in such case.
Q. Whether this will be treated as exempted supply? (applicability of reversal of proportionate ITC)
2. There are some supplier who charged freight charges in their bill but not pay GST saying that GST payable by receipt. But actual freight is paid by supplier to the transporter and not by us.
Q. Who is liable to pay tax?
3. We purchase goods on ex works basis. We also insured our goods aga
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freight.
In that supplier is eligible for ITC on freight.
Here supplier has to charge GST on freight as it is shown separately on invoice. Like Gst on taxable value(basic price + freight).
You can avail ITC on receipt of material in your premises.
Q3. No issue will come. Only thing is ITC not available on lost material as you mentioned as per sec 17(5).
Q4. It may be treated as reduction in freight due to poor service. Here you are raising debit note on transporter then GST to be charged.
You have to declare the debit note in GSTR-1 return and liability will go up. This is credit note for transporter and they will declare CN in GSTR-1. This will reduce transporter tax liability.
Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
I endo
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and Regards
8510081001, 9811004443
Reply By Ganeshan Kalyani:
The Reply:
1. It is import of service. Igst is applicable.
2. Supplier is liable to pay GST under reverse charge on the freight service he has availed. Subsequently when he recovers the said expense from you then he has to charge GST provided the main material is taxable and you would be able to take credit because it is your input .
3. No issue, in my view.
4. GST paid will be reduced the extend of debit note
Reply By Jaimin Kansara:
The Reply:
Q- One of my transporter damage our material and supplier return that material against raise a tax invoice, now question is that how can we recover that amount from my transporter.
1. Can we debit the transporter ledger with tha
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