{"id":14368,"date":"2018-10-09T16:05:01","date_gmt":"2018-10-09T10:35:01","guid":{"rendered":""},"modified":"2018-10-09T16:05:01","modified_gmt":"2018-10-09T10:35:01","slug":"formula-for-reversing-gst-itc-credit-on-sale-of-meis-seis","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=14368","title":{"rendered":"Formula for reversing GST ITC Credit on Sale of MEIS\/SEIS"},"content":{"rendered":"<p>Formula for reversing GST ITC Credit on Sale of MEIS\/SEIS<br \/> Query (Issue) Started By: &#8211; SHAHID HASHMI Dated:- 9-10-2018 Last Reply Date:- 1-12-2018 Goods and Services Tax &#8211; GST<br \/>Got 1 Reply<br \/>GST<br \/>We are exporter. Hence we are getting MEIS\/SEIS Script. We have planned to sale the same to other party. As per recent Notification, sales of script is come under exempted goods Chapter Heading No.4907.<br \/>\nOur queries as follows:<br \/>\n1. Whether sale of the same is come under Section 17(2).<br \/>\n2. Whethe<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=114216\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Formula for reversing GST ITC Credit on Sale of MEIS\/SEIS Query (Issue) Started By: &#8211; SHAHID HASHMI Dated:- 9-10-2018 Last Reply Date:- 1-12-2018 Goods and Services Tax &#8211; GSTGot 1 ReplyGSTWe are exporter. Hence we are getting MEIS\/SEIS Script. We have planned to sale the same to other party. As per recent Notification, sales of &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=14368\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Formula for reversing GST ITC Credit on Sale of MEIS\/SEIS&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14368","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14368"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14368\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}