15 January 2020
ABC Pvt. Ltd. provided its premises on rental basis to xyz pvt. ltd. Along with rent other services like Electricity, Water, Gas, Lift etc will be charged separately. ABC Ltd issued below bill to xyz ltd for the month of December 2019. Electricity - Rs.10000/- Water - Rs.8000/- Gas - Rs.4000/- Lift - Rs.12000/- Total Rs.34000/- Add: CGST@ 9% Rs.3060/- SGST @ 9% Rs.3060/- Total Rs.Rs.40120/- Can xyz ltd. claim ITC on this? I am doubtful whether this bill is correct or not. Please guide with supporting notification.
22 January 2020
yes. It is 18 % for Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured and NIL for Water [other than aerated, mineral, purified, distilled, medicinal, ionic, battery, de-mineralized and water sold in sealed container]
CAclubindia
