credit of GST paid on transportation charges to manufacturer
Maganti Ramakrishna (51 Points)
06 June 2017plz clarify, if it is yes/no than under which section?
Maganti Ramakrishna (51 Points)
06 June 2017
Vikram
(Financial Accountant)
(43 Points)
Replied 06 June 2017
Hi,
As per Section 16(11) of the MGL, following four conditions are stipulated for you as a supplier:
(a) The registered taxable person should be in possession of tax paying document issued by a supplier i.e you
(b) The taxable person must have received the goods or services as cxase may be
(c) The tax charged on such supply has been actually paid to the government either in cash or through utilization of input tax credit; and
(d) The taxable person should have furnished the return under section 27.
Thanks
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)