GST Input related query
This query is : Resolved
Quick Summary
15 January 2020
ABC Pvt. Ltd. provided its premises on rental basis to xyz pvt. ltd. Along with rent other services like Electricity, Water, Gas, Lift etc will be charged separately. ABC Ltd issued below bill to xyz ltd for the month of December 2019.
Electricity - Rs.10000/-
Water - Rs.8000/-
Gas - Rs.4000/-
Lift - Rs.12000/-
Total Rs.34000/-
Add: CGST@ 9% Rs.3060/-
SGST @ 9% Rs.3060/-
Total Rs.Rs.40120/-
Can xyz ltd. claim ITC on this? I am doubtful whether this bill is correct or not. Please guide with supporting notification.
Electricity - Rs.10000/-
Water - Rs.8000/-
Gas - Rs.4000/-
Lift - Rs.12000/-
Total Rs.34000/-
Add: CGST@ 9% Rs.3060/-
SGST @ 9% Rs.3060/-
Total Rs.Rs.40120/-
Can xyz ltd. claim ITC on this? I am doubtful whether this bill is correct or not. Please guide with supporting notification.
Amol S Joglekar
(Expert)
16 January 2020
XYZ is eligible to claim ITC on this.
18 January 2020
Please Elaborate...................................................................................................................
Amol S Joglekar
(Expert)
21 January 2020
what sort of elaboration you need? please specify......
Amol S Joglekar
(Expert)
22 January 2020
yes. It is 18 % for Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured
and NIL for Water [other than aerated, mineral, purified, distilled, medicinal, ionic, battery, de-mineralized and water sold in sealed container]
and NIL for Water [other than aerated, mineral, purified, distilled, medicinal, ionic, battery, de-mineralized and water sold in sealed container]
25 January 2020
Thanks.............................................................................
Amol S Joglekar
(Expert)
29 January 2020
You are most welcome
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