Purchase consumption gst issue
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 January 2018
Dear Experts,
I am running foundry Hence i have taken gas connection from Gail India however Gail is charging 24% Vat in gas invoice,
Pls tell me in gst can I avail the ITC of vat 24%,
whether we need to show it in 3B if yes where whether in Non GST inward supply or under ineligible ITC,
Pls suggest.....
Thanks
Rakesh
I am running foundry Hence i have taken gas connection from Gail India however Gail is charging 24% Vat in gas invoice,
Pls tell me in gst can I avail the ITC of vat 24%,
whether we need to show it in 3B if yes where whether in Non GST inward supply or under ineligible ITC,
Pls suggest.....
Thanks
Rakesh
CMA Ramesh Krishnan
(Expert)
26 January 2018
VAT and GST both are different acts. the VAT charged by GAIL in the Gas supply is not covered under GST. you cannot take that as Input under GST
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Royalty payments to the Mining Department for procurement of murum - GST input
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
