Get Answers to 3 GST Queries FREE with Expert CA guidance from CAclubindia Pro. Subscribe Now!

Interstate billing to registered customer as per gst

Registration 349 views 1 replies

Somnath

Job

105 Points Joined June 2007

Dear All, Is it necessary to take SGST registration for Interstate billing to a registered dealer ? is it possible to take input tax credit for any interstate billing to any registered dealer as per GST rule ? Example : For any billing from Assam or Kolkata to Meghalaya or Nagaland or Monipur Please confirm. Regards

Replies (1)

Sunil Kumar

Indirect Taxation

1246 Points Joined May 2012

Firstly, registration is required with both authorities. Each transaction is liable to CGST as well as SGST. Further credit of Interstate transactions would be liable to IGST and cross credits are allowable. This is subject to an except that CGST creditable against SGST and vice versa.