Dear Sir/Madam,

Some of my friends are saying that a company can get input tax credit against every GST paid by it while making purchase.

My question is this: company makes a purchase of raw material and pays GST to vendor, uses the raw material for production of exempt products.

Now whether the company can get input tax credit (and thus reduce its tax liability against other TAXABLE products sold by it?)

Thanks.

I am runing a ssi mfg unit .currently under 1.50 crore excise exumption. i hv purchased some excisable consumables/store items in 9 month back n still not consumed.we hv excise invoice of that item. Can i get credit of that excise in gst.

if any business man not registered his business in any previous law and want to register in gst what is procedure

Sir, My friend receives rent 3000 per month. He has registration in gst. Then gst is applicable on rent. Thanks .

Dear Experts,

In GST, when we received short material, want to return whole material or received excess rates material. What we shall do? Please explain my below queries :-
1) Is there only liability of Supplier to issue credit note? Can we raised Debit Note (by Buyer) when we received short material or excess rates material received.
2) does buyer can issue debit note?

Please advise,

Rakesh Kumar

A proprietary firm want to register in GST. He doesn't have any Vat or Service Tax no till date .

what will be the effect of GST on job work? And reverse charge will be applicable, if the job worker is unregistered under GST? As the goods can be transfer to job work on the basis of delivery challan.

Dear Sir/Madam,

If we make purchase from a person/dealer who is unregistered under GST (as his turnover does not cross Rs.20 lakh), whether GST would be applicable in this case?

Thanks in advance.

GST on commercial rental income (Open)   DEEPANSHU GEHLOT      14 June 2017 Dear Sir i have leased my property to branded readymade store. our annual rental income is below 20 lac per annum. we also paid urban development tax as per commercial rates to government earlier we registered for service tax returns and filled nill returns as per process because rental income not exceeding 10 lakhs that time, and therefore we received provisional userid and password for enrolling in GST do i need to enroll to gst and need to file gst returns if yes in what frequency do i need to file return if no, then do i need to apply for cancellation of gst or service tax number kindly assist and guide

GST on commercial rental income (Open)   DEEPANSHU GEHLOT      14 June 2017 Dear Sir i have leased my property to branded readymade store. our annual rental income is below 20 lac per annum. we also paid urban development tax as per commercial rates to government earlier we registered for service tax returns and filled nill returns as per process because rental income not exceeding 10 lakhs that time, and therefore we received provisional userid and password for enrolling in GST do i need to enroll to gst and need to file gst returns if yes in what frequency do i need to file return if no, then do i need to apply for cancellation of gst or service tax number kindly assist and guide