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TMI BlogGST on Royaty paid to GovtX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, Whether GST is payable or not on royalty paid to Govt by Mining companies, at what rate if it is exempted PL give the notification or circular and SAC code. - Reply By KASTURI SETHI - Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Reply = As per FAQ dated 31.7.17 (Q.No.22) GST is payable on royalty paid to Govt. under RCM. Question 22 : Whether GST is payable on royalty (to be paid to Government) for Mining Lease gr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anted by State Govt. Answer : Yes, on royalty GST will apply under reverse charge mechanism. Further, such payment of GST under reverse charge mechanism would be eligible as ITC in the hands of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the recipient of supply for payment of - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = GST is payable by the Government on reverse charge mechanism. - Reply By PAWAN KUMAR - The Reply = GST is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... payable under RCM similar at the rate of 18%. GST paid is also claimable as ITC. - Reply By CASusheel Gupta - The Reply = GST is payable by mining companies under RCM Refer to entry no. 5 of no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tification number 13/2017. Thanks and Regards CA Susheel Gupta 9811004443, 8510081001 - GST on Royaty paid to Govt - Query Started By: - Ravikumar Doddi Dated:- 27-11-2018 Goods and Servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... om - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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