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Captive consumption on gst

O.P.SHARMA (EXECUTIVE MANAGER) (24 Points)

24 June 2017

Our company is manufacture the liquor for human consumption and we also ih house produce the Pet bottles for packing the Liquor. Liquor is out of GST. What is the scope of GST on captive use of Pet Bottles.

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4 Replies

Umesh V Naig (Statutory Analyst) (452 Points)
Replied 24 June 2017

sir,

Any special under GST notification , when the end product is not taxable no input credit can be taken since the output product is not taxable or of special status

satya (Executive Excise) (1839 Points)
Replied 24 June 2017

GST applicable only on Sales, not applicable for Internal consumption, but you have to keep records of I/C details.

Umesh V Naig (Statutory Analyst) (452 Points)
Replied 24 June 2017

Sathya ji,

understanding of the law is not correct. GST is applicable on supply and in furtherance of business and for considertionits no GST your own stock used but if you send to outside your state IGST is applicable if it for own consumption