please share views related to captive consumption in GST
4 Replies
Rohit Tibrewal
(Student & Senior Accountant)
(3193 Points)
Replied 12 September 2018
captive consumption by the same unit is not a supply. (it is part & process of manufacture) captive consumption by a another unit within same state is not taxable. captive consumption by a unit in another state is taxable.
Read more at: https://www.caclubindia.com/forum/captive-consumption-in-gst-407249.asp
Read more at: https://www.caclubindia.com/forum/captive-consumption-in-gst-407249.asp
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 12 September 2018
If both the Units are in same state under single GST registration then its not supply thus not taxable , but if both the Units are in different state , its taxable .
A unit will charge GST & B unit can take ITC on same
A unit will charge GST & B unit can take ITC on same
K.Gnanasekaran
(Executive)
(33 Points)
Replied 12 September 2018
superb reply. Thanks
K.Gnanasekaran
saurabh pimparkhede
(8 Points)
Replied 18 January 2021
Please send me notification no. in GST if any on exemption of captive consumption from definition of supply.
Recent Topics
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
