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TMI BlogGST on Interes,new project etcX X X X Extracts X X X X X X X X Extracts X X X X ..... GST on Interes,new project etc X X X X Extracts X X X X X X X X Extracts X X X X ..... e procured material & services for electricity supply line from feeder to new factory:- We purchased Poles & Wires from market vendors and given to our contractors(service providers) for installation on road from feeder to factory. Some incidental material required to fit the wires on poles like-clam/nut/bolts/aluminum wire/earthing wire/insulators/hdpe pipes are bring by our contractor (Service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... provider) for this commissioning. In new factor-Transformer,DG set, street lighting,cable ,wire will also install. Our intention is not to pay GST, please guide. Reply By Ganeshan Kalyani: The Reply: It amounts to wilful evasion of tax. We should not do it. Let us help building the nation by paying the applicable tax. Reply By KASTURI SETHI: The Reply: Dear Querist,. I understand you want ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... legal benefit. All your activities fall under Works Contract Service and attract GST . No chance to avoid it as per GST law. Reply By Narendra Soni: The Reply: Dear Sir, my mistake.actually GST is applicable,hence we will pay.no issue. my query is how can we avail ITC on these works.Any suggestions of assigning the work by which ITC could be eligible. Kindly suggest. Reply By Ganeshan Kalyani ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : The Reply: Dear Sri Soni Ji, please refer Section 16 of CGST Act, 2017. In restriction of input tax credit it is mentioned that credit is not allowed if works contract services supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract service. Reply By Narendra Soni: The Reply: Ok sir. What abo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ut point 1 & 2. Reply By KASTURI SETHI: The Reply: On both points no.1 & 2 GST is applicable. Reply By Himansu Sekhar: The Reply: Please refer to sec 17(5), the poles and wires are located about side the factory premises. The availability of ITC on such materials is doubtful Reply By Himansu Sekhar: The Reply: Early delivery charges are incvludible in the transaction value. Reply By KASTURI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SETHI: The Reply: Dear Querist, Sh.Himansu Sekhar has rightly advised you. Section 17(5) is full of 'ifs' and 'buts'. I mean to say so many strings are attached. You are to examine admissibility in view of definition of 'in course or furtherance of business' viz-a-viz conditions contained in Section 17 (5) of CGST. Each and every items has to be examined. In my view, IT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C is admissible except where specifically excluded from the definition of ITC.
Reply By Himansu Sekhar:
The Reply:
Thank you sir. X X X X Extracts X X X X X X X X Extracts X X X X
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