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?
09 October 2018
Power sector unit is exempt from GST. No ITC can be claimed on capital goods of power unit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Traces Portal
- U/s.234E late fee- balated filing the TDS returns
- Rectification of TDS return - Sale of property
- Capital Gain Incidents
- Applicability of corporate governance provisions as per the SEBI LODR
- Cheque bounce intimation letter
- Query for LTCG
- ESI Applicablility As per new wage code
- Closing sole proprietorship CA firm
- REVERSAL PROPORTIONATE ITC
- Minor Aadhar card cancelled
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
