Itc
This query is : Open
20 September 2017
ONGC purchases goods from a registered person,but the the dealer charges gst@5% on production of prescribed certificate by ONGC.The dealer had purchased the said goods @18% now he collect gst@5% from ONGC.Whether 13% is refundable to the dealer under gst or the ITC will be lapsed.
20 September 2017
Yes 13% is refundable to the dealer.
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
- ADT-3 AND ADT-1
- Itr .….......
- FOREIGN GAIN AND LOSS
- Mvat Reurn filling for Restaurant & Bar
- Nomination son
- E-way bill issue with two invoice
- IRN was not generated for October-2025 Invoice but generated e waybill, now it is self identified,
- Exemption u/s 10(23C)(iiiad) by ITAT
- OLD MACHINERY SALE
- Immovable gift deed
- ITC on Construction of Warehouses
- Filing of STK-3 in State other than company registered Date
- GST Rate on Rent a Car Business
- TDS PROVISIONS FOR NRIS
- Sec 185 and 186
- GST reco file in excel
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
