Registration
dipti sharma (117 Points)
28 June 2017
Does interstate supply of Except goods ( salt ) need to be registered under GST
15 Replies
Mahendra Dugar
(205 Points)
Replied 28 June 2017
No. u/s 23(1) persons dealing in exempt goods or services are not required to get registered. Common Salt falls under exempted category.
dipti sharma
(117 Points)
Replied 28 June 2017
But acvouring to sec 24, all interstate taxable supply needs registration, sec 24 overrides other sections
HARESH
(a)
(26 Points)
Replied 28 June 2017
all interstate taxable supply needs registration but salt is exempt so not covered in taxable supply.
dipti sharma
(117 Points)
Replied 28 June 2017
Section 24, point 1, any person making inter state taxable supplies.
Clause 108 of Section, “taxable supply” means a supply of goods or services or both which is
leviable to tax under this Act.
Only Alcoholic for Human Consumption is not leviable under the Act.
And thus ....
Clause 108 of Section, “taxable supply” means a supply of goods or services or both which is
leviable to tax under this Act.
Only Alcoholic for Human Consumption is not leviable under the Act.
And thus ....
dipti sharma
(117 Points)
Replied 28 June 2017
As per 2(118) taxable supply includes all supply , including NIL, except, zero rated
HARESH
(a)
(26 Points)
Replied 28 June 2017
definition include exempt goods in taxable supply...??? @ dipti sharma
dipti sharma
(117 Points)
Replied 28 June 2017
yes sir, it says " taxable supply" means a supply of goods or services or both which is LEVIABLE TO TAX under this Act, This implies that only non taxable supplies u/s 2(78) ie alcohol is not covered. Salt is LEVIABLE under this Act, but only fully except by way of an exception notification and so it is to ve treated as taxable supplies under this acy
Mahendra Dugar
(205 Points)
Replied 28 June 2017
2(108) talks of meaning of taxable supply which says taxable supply means supply of goods or services or both which is leviable to tax under Act. Salt is not leviable to tax under Act.
dipti sharma
(117 Points)
Replied 28 June 2017
@ mahendra dugarji , sorry it is 2(108) taxable supply
Mahendra Dugar
(205 Points)
Replied 28 June 2017
please check with ICAI what they have meant of taxable supply
Mahendra Dugar
(205 Points)
Replied 28 June 2017
according to my understanding only zero rated supplies I.e exports or supply to SEZ are taxable supplies.
Recent Topics
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
Related Threads
CAclubindia
