Gas consumption vat itc in gst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 January 2018 Dear Experts,
I am running foundry. Hence i have taken gas connection from Gail India. The Gail is charging 24% vat on gas bill. Pls clarify :- can I avail the ITC of 24% vat in GST or not if not whether the gas will be enter in Non GST inward supply or in ineligible ITC 3B,

Thanks
Rakesh

CA Suresh Jain

CA Suresh Jain (Expert)
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26 January 2018 Presently no ITC available on VAT paid on petroleum products

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2018 Sir my question was pertain to vat on gas consumption for production. Again i'm asking can we avail Vat ITC in GST, do we need to show the gas bill in GST return or not

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CA Suresh Jain

CA Suresh Jain (Expert)
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28 January 2018 No, the credit is not available. You are no more registered under VAT now.

Querist : Anonymous

Querist : Anonymous (Querist)

29 January 2018 Sir that means we don't need to show the vat able gas in 3B or Nowhere in GST returns

CA Suresh Jain

CA Suresh Jain (Expert)
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30 January 2018 You need to show it in form GSTR-3B in Sr. 5 "Non GST supply"