Will ITC be available for holding Environmental Clearance (EC) and ...

Yes, ITC on expenses incurred in the course or furtherance of business shall be available.

Exploration companies undertake exploration activities for preparing mining blocks for auction in different States...

Rigs, capitalized in the books of accounts as capital goods are used in the course or furtherance of business. Hence, it will be eligible...

Can supplies of coal under a particular order or under FSA (Fuel Supply Agreement)...

Such supplies are in the nature of continuous supply as the invoices are raised periodically. The individual dispatches may be covered under delivery challans...

Whether an Input Service Distributer (ISD) will be eligible to distribute the ITC in...

In terms of section 140(7) of the CGST Act, 2017 the ISD will be able to distribute the available credit even if the invoices...

Will the situation as mentioned above be different if the value of mineral is...

In the aforesaid example relating to FOR contract, the supply under the contract shall be classified as ‘composite supply’ where there is a principal...

Can GST charged as per transport bilti ...

In case of an FOR contract for supply of mineral from the mine to the buyer, it is a composite supply where the consideration...

In Table 5(b) of GST-TRAN-1, the details of Form C, F and H/I are...

In cases where sales were covered by Forms C, F,H and I, the input tax credit has remained in the account of the taxpayer...

Will the supplier have to issue “receipt voucher”...

Yes, as per section 31(3)(d) of the CGST Act, 2017 the supplier has to issue a “receipt voucher” for every advance received.

How do I show the advance received ...

Where against an advance the invoice is issued in the same tax period, the advance need not be shown separately in Form GSTR-1 but...

In case no supplies are made against ...

Refund voucher has to be made for the full value of advance, including the amount of GST.
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