Here are 100 FAQs on GST answered by Central Board of Excise and Customs
Here we bring you 100 frequently asked questions on the GST answered by the Central Board of Excise and Customs
As the nation is all set to implement the Goods and Services Tax from July 1, the Narendra Modi government is flooded with queries from businessmen to government employees.
Along with publishing advertorials detailing various aspects about the GST in various traditional mainstream media outlets, the government is also taking queries of the citizens on various social media platforms.
The Centre has received hundreds of questions regarding the GST on Twitter.
Here we bring you 100 frequently asked questions on the GST answered by the Central Board of Excise and Customs:
1.
Does
aggregate
turnover
include
value
of
inward
supplies
received
on
which
RCM
is
payable?
Ans.
Refer
Section
2(6)
of
CGST
Act.
Aggregate
turnover
does
not
include
value
of
inward
supplies
on
which
tax
is
payable
on
reverse
charge
basis.
2.
What
if
the
dealer
migrated
with
wrong
PAN
as
the
status
of
firm
was
changed
from
proprietorship
to
partnership?
Ans.
New
registration
would
be
required
as
partnership
firm
would
have
new
PAN.
3.
A
taxable
person's
business
is
in
many
states.
All
supplies
are
below
10
Lakhs.
He
makes
an
Inter
State
supply
from
one
state.
Is
he
liable
for
registration?
Ans.
He
is
liable
to
register
if
the
aggregate
turnover
(all
India)
is
more
than
20
lacs
or
if
he
is
engaged
in
inter-State
supplies.
4.
Can
we
use
provisional
GSTIN
or
do
we
get
new
GSTIN?
Can
we
start
using
provisional
GSTIN
till
new
one
is
issued?
Ans.
Provisional
GSTIN
(PID)
should
be
converted
into
final
GSTIN
within
90
days.
Yes,
provisional
GSTIN
can
be
used
till
final
GSTIN
is
issued.
PID
and
final
GSTIN
would
be
same.
5.
Whether
trader
of
country
liquor
is
required
to
migrate
to
GST
from
VAT
as
liquor
is
out
of
GST
law?
Ans.
If
the
person
is
involved
in
100%
supply
of
goods
which
are
not
liable
for
GST,
then
no
registration
is
required.
6.
Not
liable
to
tax
as
mentioned
u/s
23
of
CGST
means
nil
rated
supply
or
abated
value
of
supply?
Ans.
Not
liable
to
tax
means
supplies
which
is
not
leviable
to
tax
under
the
CGST/SGST/IGST
Act.
Please
refer
to
definition
under
Section
2(78)
of
the
CGST
Act.
7.
Whether
civil
contractor
doing
projects
in
various
states
requires
separate
registration
for
all
states
or
a
single
registration
at
state
of
head
office
will
suffice?
Ans.
A
supplier
of
service
will
have
to
register
at
the
location
from
where
he
is
supplying
services.
8.
Whether
aggregate
turnover
includes
turnover
of
supplies
on
which
tax
is
payable
by
the
recipient
under
reverse
charge?
Ans.
Outward
supplies
on
which
tax
is
paid
on
reverse
charge
basis
by
the
recipient
will
be
included
in
the
aggregate
turnover
of
the
supplier.
9.
If
there
are
two
SEZ
units
within
same
state,
whether
two
registrations
are
required
to
be
obtained?
Ans.
SEZs
under
same
PAN
in
a
state
require
one
registration.
Please
see
proviso
to
rule
8(1)
of
CGST
Rules.
10.
Is
an
advocate
providing
interstate
supply
chargeable
under
Reverse
Charge
liable
for
registration?
Ans.
Exemption
from
registration
has
been
provided
to
such
suppliers
who
are
making
only
those
supplies
on
which
recipient
is
liable
to
discharge
GST
under
RCM.
11.
When
is
registration
in
other
state
required?
Will
giving
service
from
Nasik
to
other
state
require
registration
in
other
state?
Ans.
If
services
are
being
provided
from
Nasik
then
registration
is
required
to
be
taken
only
in
Maharashtra
and
IGST
to
be
paid
on
inter-state
supplies.
12.
I
have
migrated
under
GST
but
want
to
register
as
ISD.
Whether
I
can
apply
now
&
what
is
the
procedure?
Ans.
A
separate
&
new
registration
is
required
for
ISD.
New
registrations
are
being
opened
from
0800
hrs.
on
25.06.2017.
13.
I
have
enrolled
in
GST
but
I
forgot
to
enter
SAC
codes.
What
should
I
do?
The
status
is
migrated.
Ans.
The
same
can
be
filled
while
filing
FORM
REG-26
for
converting
provisional
ID
to
final
registration.
14.
I
have
ST
number
on
individual
name
and
have
migrated
to
GST.I
wish
to
transfer
this
on
my
proprietorship
firm.
Ans.
This
conversion
may
be
done
while
filling
FORM
REG-26
for
converting
provisional
ID
to
final
registration.
15.
Please
tell
if
rental
income
up
to
20
lacs
attracts
GST
or
attracts
any
other
charge?
Ans.
GST
is
leviable
only
if
aggregate
turnover
is
more
than
20
lacs.
(Rs.
10
lacs
in
11
special
category
States).
For
computing
aggregate
supplies
turnover
of
all
supplies
made
by
you
would
be
added.
16.
If
someone
trades
only
0%
GST
items
(grains,
pulses)
then
is
it
necessary
to
register
for
GST,
if
the
turnover
exceeds
?20
lacs?
Ans.
A
person
dealing
with
100%
exempted
supply
is
not
liable
to
register
irrespective
of
turnover.
17.
Is
it
correct
that
person
dealing
exclusively
in
NIL
rated
or
exempt
goods/
services
liable
to
register
if
turnover
>20/10
Lakh?
Ans.
There
is
no
liability
of
registration
if
the
person
is
dealing
with
100%
exempt
supplies.
18.
If
I
register
voluntarily
though
turnover
is
less
than
20
Lakhs,
am
I
required
to
pay
tax
from
1st
supply
I
make
post
registration?
Ans.
Yes,
you
would
be
treated
as
a
normal
taxable
person.
19.
Whether
a
separate
GSTIN
would
be
allotted
to
a
registered
person
for
deducting
TDS
(he
has
PAN
and
TAN
as
well)?
Ans.
Separate
registration
as
tax
deductor
is
required.
20.
Is
separate
registration
required
for
trading
and
manufacturing
by
same
entity
in
one
state?
Ans.
There
will
be
only
one
registration
per
State
for
all
activities.
21.
I
am
registered
in
TN
and
getting
the
service
from
unregistered
dealer
of
AP,
should
I
take
registration
in
AP
to
discharge
GST
under
RCM?
Ans.
Any
person
who
makes
make
interstate
taxable
supply
is
required
to
take
registration.
Therefore,
in
this
case
AP
dealer
shall
take
registration
and
pay
tax.
22.
Is
there
any
concept
of
area
based
exemption
under
GST?
Ans.
There
will
be
no
area
based
exemptions
in
GST.
23.
If
a
company
in
Maharashtra
holds
only
one
event
in
Delhi,
will
they
have
to
register
in
Delhi?
Will
paying
IGST
from
Maharashtra
suffice?
Ans.
Only
if
you
provide
any
supply
from
Delhi
you
need
to
take
registration
in
Delhi.
Else,
registration
at
Mumbai
is
sufficient
(and
pay
IGST
on
supplies
made
from
Mumbai
to
Delhi)
24.
How
long
can
I
wait
to
register
in
GST
?
Ans.
An
unregistered
person
has
30
days
to
complete
its
registration
formalities
from
its
date
of
liability
to
obtain
registration.
25.
What
If
I
am
not
liable
to
register
under
GST
but
I
was
registered
under
Service
tax
?
Ans.
You
can
apply
for
cancellation
of
Provisional
ID
on
or
before
July
31,
2017.
26.
When
turnover
of
agents
will
be
added
to
that
of
the
principal
for
registration?
Ans.
No.
27.
If
I
am
not
an
existing
taxpayer
and
wish
to
newly
register
under
GST,
when
can
I
do
so?
Ans.
You
would
be
able
to
apply
for
new
registration
at
the
GST
Portal
gst.gov.in
from
0800
hrs.
on
25th
June
2017
REFUND
28.
I
have
a
pending
export
refund
in
Service
Tax.
What
will
happen?
Ans.
Refunds
under
earlier
laws
will
be
given
under
the
respective
laws
only.
29.
As
an
exporter,
how
do
I
ensure
that
my
working
capital
is
not
blocked
as
refunds?
Ans.
Appropriate
provisions
have
been
made
in
the
law
by
providing
for
grant
of
90
per
cent
refund
on
provisional
basis
within
7
days
from
filing
of
registration.
CESS
30.
What
will
be
the
impact
of
GST
on
coal?
Will
the
clean
energy
Cess
on
coal
go
or
will
it
stay?
Ans.
Clean
Environmental
Cess
on
coal
will
be
replaced
by
GST
Compensation
Cess.
COMPOSITION
SCHEME
31.
Suppose
I
am
in
composition
scheme
in
GST.
If
I
purchase
goods
from
unregistered
person,
then
GST
will
be
paid
to
Government
by
me
or
not?
Ans.
Yes,
you
will
be
liable
to
pay
tax
on
reverse
charge
basis
for
supplies
from
unregistered
person.
CUSTOMS
32.
What
duties
will
be
levied
on
import
of
goods?
Customs
duty
and
cess
as
applicable
+
IGST+
GST
compensation
cess.
Ans.
IGST
and
GST
compensation
cess
shall
be
paid
after
adding
all
customs
duty
and
customs
cess
to
the
value
of
imports.
EXPORTS
33.
Present
procedures
have
Service
Tax
on
Nepal,
But
no
Goods
Tax
on
Nepal.
But,
With
GST,
what
tax
will
apply?
Ans.
The
export
procedure
for
Nepal
would
be
same
as
that
to
other
countries.
34.
Are
there
exemptions
for
SEZ?
How
will
a
SEZ
transaction
happen
in
GST
regime?
Ans.
Supplies
to
SEZs
are
zero-rated
supplies
as
defined
in
Section
16
of
IGST
Act.
35.
How
would
the
sale
and
purchase
of
goods
to
and
from
SEZ
will
be
treated?
Will
it
be
export
/
input?
Ans.
Supply
to
SEZs
is
zero
rated
supplies
and
supplies
by
SEZs
are
treated
as
imports.
36.
Please
clarify
status
of
international
export
freight
under
GST
as
the
same
was
exempt
under
POPS
rules.
Ans.
It
is
zero
rated
in
most
countries.
POS
for
transport
of
goods
determinable
in
terms
of
sec
12(8)
or
sect
13(8)
of
IGST
Act,
2017,
depending
upon
location
of
service
provider/service
receiver.
Exports
are
treated
as
zero
rated
supplies.
37.
When
goods
are
being
imported
from
SEZ
who
will
pay
IGST?
Ans.
Such
supply
is
treated
as
import
and
present
procedure
of
payment
of
duty
continues
with
the
variation
that
IGST
is
levied
in
place
of
CVD.
38.
Who
will
pay
IGST
when
goods
are
procured
from
SEZ?
Ans.
Today
importer
is
paying
both
BCD
and
CVD.
Such
supply
is
treated
as
import
and
present
procedure
of
payment
continues
with
the
variation
that
IGST
is
levied
in
place
of
CVD.
INPUT TAX CREDIT
39.
Is
SGST
of
Rajasthan
charged
by
supplier
on
purchase
from
Rajasthan
can
be
utilize
for
payment
of
SGST
in
Madhya
Pradesh?
Ans.
SGST
of
one
State
cannot
be
utilised
for
discharging
of
output
tax
liability
of
another
State.
40. How one can use SGST credit for the payment of IGST on another state? SGST Credit can be used for payment of IGST liability under the same GSTIN only.
41.
Can
one
State
CGST
be
used
to
pay
another
state
CGST?
Ans.
The
CGST
and
SGST
Credit
for
a
State
can
be
utilized
for
payment
of
their
respective
CGST/SGST
liabilities
within
that
State
for
the
same
GSTIN
only.
42.
In
case
of
service
supplied,
should
the
credit
be
given
to
the
state
where
it
is
billed
or
the
state
it
is
rendered?
Ans.
Tax
will
be
collected
in
the
State
from
which
the
supply
is
made.
The
supplier
will
collect
IGST
and
the
recipient
will
take
IGST
credit.
43.
Company
is
engaged
in
manufacturing
of
cement
and
power.
Which
rule
to
be
referred
for
reversal
of
credit
related
to
power
business?
Ans.
Detailed
rules
for
reversal
of
ITC
when
the
supplier
is
providing
exempted
and
non-exempted
supplies
have
been
provided
in
ITC
Rules.
44.
How
will
the
credit/debit
note
from
unregistered
supplier
be
reported
to
GSTN
and
ITC
claimed
in
the
same?
Ans.
Like
invoice,
credit/debit
notes
on
behalf
of
unregistered
person
will
be
given
by
registered
person
only.
Further,
GSTR2
provides
for
reporting
of
same
by
the
recipient.
INVOICE
45.
A
shop
sells
taxable
&
exempt
products
to
the
same
person
(B2C),
is
it
required
to
issue
tax
invoice
and
bill
of
supply
separately?
Ans.
In
such
a
case
the
person
can
issue
one
tax
invoice
for
the
taxable
invoice
and
also
declare
exempted
supply
in
the
same
invoice.
46.
Do
registered
dealers
have
to
record
Aadhaar/PAN
while
selling
goods
to
unregistered
dealers?
Ans.
There
is
no
requirement
to
take
Aadhaar
/
PAN
details
of
the
customer
under
the
GST
Act.
47.
All
expenses
like
freight
/
transport
/
packing
which
are
charged
in
Sales
Invoice
are
taxable
in
GST?
How
to
charge
in
bill?
Ans.
All
expenses
will
have
to
be
included
in
the
value
and
invoice
needs
to
be
issued
accordingly.
Please
refer
to
Section
15
of
CGST
Act
and
Invoice
Rules.
48.
Can
we
move
construction
material
to
builders
on
delivery
challan
and
issue
tax
invoice
post
completion
of
activity?
Ans.
If
the
goods
are
meant
to
be
supplied
in
the
course
of
construction
an
invoice
is
necessary.
If
the
goods
are
tools
which
are
to
be
used
for
construction
then
delivery
challan
should
be
issued.
49.
How
to
treat
following
transaction
in
GST
(i)
Delivered
supply
shortages
in
Transit.
(ii)
Customer
gets
less
quantity
and
pays
less.
Ans.
The
supplier
may
issue
credit
note
to
the
customers
and
adjust
his
liability.
50.
Should
we
issue
Self
Invoice
for
GST
liability
discharge
on
RCM
or
GST
can
be
discharge
through
expenses
booking
voucher?
Ans.
For
RCM
liabilities
tax
invoice
has
to
be
issued
on
self.
RETURNS
51.
What
would
be
done
on
tax
paid
on
advance
receipt
if
advance
has
to
be
refunded
in
any
circumstance?
Ans.
Advance
refunded
can
be
adjusted
in
return.
52.
Do
registered
dealers
have
to
upload
sale
details
of
unregistered
dealers
also
in
GST?
Ans.
Generally
not.
But
required
in
case
of
inter-State
supplies
having
invoice
value
of
more
than
Rs
2.50
lakh.
53.
How
to
incorporate
two
supplies
in
return
for
pharma
with
same
HSN
code
of
four
digits
but
having
different
tax
rates?
Ans.
Returns
provide
for
furnishing
rate
wise
details.
SUPPLY
54.
Should
we
discharge
GST
liability
for
all
reverse
charge
having
small
amounts
of
Transaction
or
any
amount
limit
is
there?
Ans.
It
has
been
decided
that
Rs
5,000
per
day
exemption
will
be
given
in
respect
of
supplies
received
from
unregistered
person.
For
supplies
above
this
amount,
a
monthly
consolidated
bill
can
be
raised.
55.
What
is
treatment
of
promotional
item
given
free
to
end
consumers
by
FMCG
companies?
Ans.
Tax
will
be
charged
only
on
the
total
consideration
charged
for
such
supply.
56.
How
to
comply
with
9(4)
of
CGST
Act
if
POS
is
in
another
state
of
the
unregistered
supplier?
Ans.
Any
person
making
inter-state
supply
has
to
compulsorily
obtain
registration
and
therefore
in
such
cases,
section
9(4)
will
not
come
into
play.
57.
Under
supply
from
unregistered
dealer
the
purchaser
have
to
pay
GST
on
RCM
basis.so
whether
stipend
paid
to
intern
will
also
come
under
RCM?
Ans.
Stipend
paid
to
interns
will
be
employer-employee
transactions.
Hence,
not
liable
for
GST.
58.
Salary
by
partnership
firm
to
Partners
as
per
Income
Tax
Act
liable
to
GST?
Ans.
Salary
will
not
be
liable
for
GST.
59.
Sec
9(4)
of
CGST
Act
2017.
Do
I
need
to
pay
under
RCM
if
I
purchase
stationary
worth
Rs.100
from
an
unregistered
stationery
shop?
Ans.
It
has
been
decided
that
Rs
5,000
per
day
exemption
will
be
given
in
respect
of
supplies
received
from
unregistered
person.
60.
What
is
the
treatment
of
promotional
item
given
free
to
end
consumers
by
FMCG
companies?
If
taxable,
whether
ITC
is
allowed?
Ans.
Tax
is
payable
on
consideration
received
for
the
supply.
61.
Whether
GST
will
be
leviable
in
case
of
returnable
packing
material
like
drums
supplied
with
finished
goods?
Ans.
GST
will
be
levied
on
the
value
charged
for
the
supply
only.
62.
How
will
disposal
of
scrap
be
treated
in
GST?
Ans.
If
the
disposal
is
in
the
course
or
furtherance
of
business
purposes,
it
will
be
considered
as
a
supply.
63.
I
am
from
MP
and
providing
service
to
a
customer
in
Maharashtra.
I
outsource
the
work
to
a
service
provider
in
Maharashtra,
what
tax
i
need
to
charge?
Ans.
Generally
these
will
be
two
supplies
where
the
supplier
from
MP
will
charge
IGST
from
the
recipient
in
Maharashtra.
Whereas,
the
service
provider
in
Maharashtra
will
charge
IGST
from
the
recipient
in
MP.
64.
If
address
of
buyer
is
Punjab
and
place
of
supply
is
same
state
of
supplier
(Rajasthan),
then
IGST
will
apply
or
CGST/SGST?
Ans.
If
the
place
of
supply
and
the
location
of
the
supplier
are
in
the
same
state
then
it
will
be
intra-state
supply
and
CGST
/
SGST
will
be
applicable.
65.
Why
is
bifurcation
of
cash
deposit
as
CGST-SGST-IGST
required?
Is
cash
held
against
a
GSTIN,
to
be
adjusted
via
return
u/s
39?
Ans.
Three
levies
are
under
three
different
statutes
and
are
required
to
be
separately
accounted
for.
66.
What
is
the
difference
in
between
'Nil
rated',
'taxable
at
0
per
cent' and
exempted
goods
and
services?
Ans.
Especially
in
relation
with
ITC
exempt
supply
includes
Nil
rated
(taxable
at
zero
per
cent)
and
non-taxable
supplies
and
no
ITC
is
available
for
such
supplies.
67.
Will
professional
tax
will
be
abolished
in
Maharashtra
after
introducing
of
GST?
Ans.
Professional
tax
is
not
a
tax
on
supply
of
goods
or
services
but
on
being
in
a
profession.
Professional
tax
not
subsumed
in
GST.
68.
Employer
provides
bus
service,
meal
coupon,
telephone
at
residence,
gives
vehicle
for
official
and
personal
use,
uniform
and
shoes,
any
GST?
Ans.
Where
the
value
of
such
supplies
is
in
the
nature
of
gifts,
no
GST
will
apply
till
value
of
such
gifts
exceeds
Rs
50,000
in
a
financial
year.
69.
The
definition
of
composite
supply
and
the
description
of
same
under
Section
8
differ.
Please
explain
consequences.
Ans.
Section
2(30)
defines
what
will
be
considered
as
a
composite
supply.
Whereas,
Section
8
provides
that
in
case
of
a
composite
supply,
the
treatment
for
tax
rate
etc.
will
be
that
of
principal
supply.
70.
Whether
slump
sale
will
attract
GST.
If
yes
then
under
which
Section?
Ans.
It
will
have
the
same
treatment
as
normal
supply.
71.
Salary
by
Partnership
firm
to
Partners
as
per
Income
Tax
Act
liable
to
GST?
Ans.
Partners
are
not
employees
of
the
firm.
Salary
will
not
be
leviable
of
GST.
TRANSITION
72.
How
do
I
avail
transition
credit?
Ans.
Transition
credit
can
be
availed
by
filing
the
respective
forms
under
transition
rules
upto
September
30,
2017.
73.
Please
provide
the
clarity
on
area
based
exemption
50/2003
in
UK
and
HP.
Ans.
Area
based
exemptions
will
not
be
continued
under
GST.
It
will
be
operated
through
the
route
of
reimbursement
as
prescribed.
74.
We
manufactured
excisable
goods.
But
unit
availed
the
exception
benefits
50/2003.
What
about
my
dealers
stock?
Ans.
The
dealer
will
get
deemed
credit
at
the
rate
of
40
per
cent
/
60
per
cent
of
the
CGST
paid
on
supply
of
such
goods
in
GST.
If
the
goods
are
branded
and
greater
than
Rs
25,000,
full
credit
using
CTD
can
be
availed.
75.
A
trader
buys
from
manufacturer
not
registered
in
excise
as
his
turnover
is
below
1.5cr.
Then
in
such
case
can
trader
take
ITC
on
stock
up
to
40
per
cent?
Ans.
Yes,
deemed
credit
will
be
available
subject
to
satisfaction
of
other
conditions
as
prescribed.
76.
I
am
a
trader.
I
have
excise
paid
purchase
invoice.
Whether
I
can
claim
credit
of
full
excise
duty
on
closing
stock
of
July
1,
2017?
Ans.
Full
transition
credit
of
such
duty
will
be
available
on
stock
in
hand
in
respect
of
which
you
have
duty
paying
excise
document
subject
to
conditions
under
Section
140(3)
of
the
CGST
Act.
77.
If
a
trader
purchases
directly
from
manufacturer
and
has
documents
showing
excise,
will
he
get
full
excise
credit
or
40
per
cent
of
CGST?
Ans.
Full
transition
credit
of
such
duty
will
be
available
on
stock
in
hand
in
respect
of
which
you
have
duty
paying
excise
document
subject
to
conditions
under
Section
140(3)
of
the
CGST
Act.
78.
If
an
FSD
purchases
directly
from
manufacturer
and
has
value
cum
excise
duty
and
excise
duty
is
not
separately
shown
will
he
get
full
credit?
Ans.
Full
transition
credit
of
such
duty
will
be
available
on
stock
in
hand
in
respect
of
which
you
have
duty
paying
excise
document
subject
to
conditions
under
Section
140(3)
of
the
CGST
Act.
79.
Is
the
full
excise
credit
also
available
to
traders
who
purchases
directly
from
manufacturers
and
excise
is
separately
shown
in
invoice?
Ans.
Full
transition
credit
of
such
duty
will
be
available
on
stock
in
hand
in
respect
of
which
you
have
duty
paying
excise
document
subject
to
conditions
under
Section
140(3)
of
the
CGST
Act.
80.
In
June
17
VAT
return
no
amount
carried
forward
and
held
stock
of
Rs
50
lakh.
Then
can
we
take
credit
of
that
stock
or
not?
Ans.
The
supplier
would
be
eligible
to
carry
forward
the
closing
balance
of
ITC
from
VAT
return
for
June
17.
81.
What
will
be
the
impact
of
closing
stock
which
has
been
already
paid
vat
on
1st
July?
Ans.
The
supplier
would
be
eligible
to
carry
forward
ITC
on
such
stock
from
VAT
return
for
June
17.
82. If in VAT return refund claimed in June 17 and no balance credit in GST. Then what's the position of submission of Form C Refund claimed under existing law will be handled as per the provisions of the existing law. Form C to be submitted in terms of provision of Rule 1(1) of Transition Rules.
83.
Some
service
was
provided
on
June
28,
2017
but
invoice
will
be
raised
on
July
5,
2017.
Whether
we
have
to
charge
Service
Tax
or
GST?
Ans.
If
Point
of
Tax
arises
after
appointed
date,
then
GST
will
be
chargeable
on
such
supply.
84.
Would
we
be
eligible
for
credit
on
Capital
Goods
in
transit
and
received
post
GST?
Ans.
No
provision
for
such
credit
is
there
in
GST
law.
85.
What
about
VAT
balance
pending
on
transition
date?
Ans.
Balance
VAT
credit
in
the
return
will
be
transferred
to
new
provisional
ID
as
SGST
Credit
86.
What
about
deemed
export
against
Form
H?
Ans.
Form
H
will
not
be
there
in
GST.
87.
Who
will
bear
tax
difference
on
closing
stocks
as
on
June
30,
2017?
Whether
the
manufacturer/dealer
or
government?
Ans.
Closing
ITC
in
VAT
return
will
be
allowed
to
be
carry
forward
in
GST.
88.
How
will
we
get
input
credit
on
stock
in
hand
for
spare
parts
billed
from
other
state,
excise,
CST
and
entry
tax
paid?
Ans.
For
all
inputs
with
duty
paying
documents
available
respective
CGST/SGST
credit
will
be
available.
But
credit
of
CST
will
not
be
available.
89.
A
trader
buys
from
manufacturer
not
registered
in
excise
as
his
turnover
is
below
1.5
crore.
Then
in
such
case
can
traders
take
ITC
on
stock
up
to
40
per
cent?
Ans.
Deemed
credit
will
be
available
on
stock
in
hand
provided
the
conditions
of
section
140(3)
read
with
Rule
1(4)
of
Transition
Rules
are
satisfied.
90.
Whether
we
will
be
eligible
for
credit
of
duty
paid
on
Capital
Goods
in
transit
and
received
post
GST?
Ans.
No
such
provision
in
GST.
91.
Can
ITC
of
Swachh
Bharat
Cess
or
Krishi
Kalyan
Cess
be
carried
forward
under
GST?
Ans.
No.
92.
Will
Clean
Energy
CESS
on
imported
Coal
at
the
rate
of
Rs
400
PMT
continue
to
be
applicable
in
GST?
Ans.
No.
Clean
Energy
Cess
is
being
repealed.
Coal,
however,
will
be
subject
to
compensation
cess
at
the
rate
of
Rs
400
per
tonne.
93.
Whether
closing
balance
of
education
cess
and
secondary
higher
education
cess
prior
to
March
1,
2015
can
be
carried
forward
in
GST?
Ans.
No,
it
will
not
be
carried
forward
in
GST
as
it
is
not
covered
by
definition
of
"eligible
duties
and
taxes" under
Section
140
of
the
CGST
Act.
94.
Can
you
clarify
for
40
per
cent
benefit
on
closing
stock
does
one
year
limit
apply
or
not?
Ans.
Deemed
credit
will
be
available
for
all
stock
procured
within
a
1
year
period.
95.
Till
what
time
is
transition
credit
available?
Where
do
I
need
to
declare
my
input
stock?
Ans.
The
window
to
declare
transition
credit
forms
is
three
months
from
the
appointed
day.
Please
refer
to
transition
rules
for
more
details.
UTGST
96.
Will
there
be
GST
in
Andaman
and
Nicobar
Islands
as
previously
there
was
no
VAT?
Ans.
Yes.
For
supplies
within
Andaman
and
Nicobar
Islands,
CGST
plus
UTGST
would
be
leviable.
OTHERS
97.
Whether
IGST
would
be
levied
twice
on
high
seas
sales?
First
on
high
seas
sales
and
second
on
custom
clearance.
IGST
paid
on
1
available
as
ITC?
Ans.
IGST
shall
be
levied
only
once
on
imports.
98.
Will
Krishi
Mandi
Fee
(imposed
in
U.P.)
be
waived
off
in
GST?
Ans.
GST
does
not
concern
such
fee
so
GST
does
not
affect
it.
99.
Is
E-Way
Bill
applicable
from
July
1,
2017?
Ans.
The
present
system
for
E-way
Bill
in
states
will
continue
till
the
E-Way
Bill
procedures
are
finalised.
100.
Is
there
a
sunset
clause
for
Anti-Profiteering
law?
Ans.
Yes,
the
sunset
clause
for
Anti-profiteering
Authority
is
of
two
years.
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