Gst on power sector unit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 October 2018
Please let me know the impact of GST on power sector unit manufacturing electricity. Whether they will charge GST on electricity bill and fill GST return. And if they are purchasing capital goods whether power sector unit can claim input tax credit on capital goods?
CA R SEETHARAMAN
(Expert)
09 October 2018
Power sector unit is exempt from GST. No ITC can be claimed on capital goods of power unit.
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