TMI Bloggst on electricity produced and supplied by sugar mills to electricity gridX X X X Extracts X X X X X X X X Extracts X X X X ..... gst on electricity produced and supplied by sugar mills to electricity grid X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 2 Replies X X X X Extracts X X X X X X X X Extracts X X X X ..... GST or not. Reply By Shilpi Jain: The Reply: Sale of electricity is exempt. Though, is it a sale of electricity to grid or that comes as a reduction in your electricity charges? Reply By Shilpi Jai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n: The Reply: Another important aspect that you may require to analyse is whether there is any reversal of credit required for the inputs/capital goods etc. since these are all used to make taxable a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd exempt supplies.
Under earlier regime, i.e. excise it is clear that no reversal is required though in GST may be disputed. X X X X Extracts X X X X X X X X Extracts X X X X
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