Goods and Services Tax – Started By: – Indrajit Gambhira – Dated:- 18-7-2017 Last Replied Date:- 20-7-2017 – We are importing goods from foreign countries and selling them directly to consumers via Ecommerce platforms.Please let us know if we are elligible to take input credit of Customs Duty or IGST and adjust the same for output tax as IGST CGST and SGST. Also we are transfering the goods from our warehouse to their warehouse which is our additional place of business but different GSTIN.For this stock transfer is there any Tax involved within same state and which document is needed for the same? – Reply By HimansuSekhar Sha – The Reply = You cannot take credit of customs duty. Only igst credit can be taken. When two units have different
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he Reply = E-Commerce Operators are not eligible for small scale threshold exemption. They are working for and on behalf of you. You must have executed agreement/contract with them. They are intermediaries. They will file their own return GSTR-8. You are to file GSTR-1, GSTR-2 and GSTR-3 (all monthly returns). You cannot use their serial nos. You are also not eligible for small scale exemption as you are engaged in inter-State sale. Your sale may be below ₹ 2.50 lakhs you are to upload all purchase and sale invoices. I am not aware of terms and conditions of your agreement with E-Commerce Operator. Anyhow agreement cannot be executed in violation of the provisions of GST Acts. – Reply By Indrajit Gambhira – The Reply = For Sales Retur
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