22 June 2021
If we issue diesel to sub-contractors, the amount of which will be recovered from vendor including GST against bills submitted by him. Below are the questions: 1) Can I raise debit note for the same to vendor 2) Would GST be applicable on that debit note? If yes, at what percentage 3) Can vendor claim ITC on the basis of debit note? 4) Is GST mandatory on issue of diesel, can I issue diesel without charging GST?
What if I am not registered under VAT? In such case, is there any chance of challenges from government authorities if I issue diesel without charging VAT and GST?
CAclubindia
