- As per the GST law, some vendors don’t required the registration. Can we treat them under unregistered-vendor category?
- Purchase from Composite-Schemed-Vendor. I think in the purchase invoice no need to show the taxes, because the tax-credit is not available. Is it correct?
- Some Products still under the VAT system. (Eg. diesel, petrol, etc…). How we calculate the tax (VAT & ED) of diesel purchase? Is any credit facility available?
- Sales from MH to MH customer. But the customer billing address is Delhi. Is it the IGST bill?
- Our procurement team took the room at AP. Can we demand the IGST bill? Otherwise we can’t get the credit.
- Customer balance will write off as bad-debt. Tax credit available or not?
- In the case of in-transit-loss on purchase, the vendor’s sales data and our purchase data will not match. But the Govt. required full tax. How we manage this scenario?
- As per the GST, the tax credit available against the inventory-write-off. Suppose, we got some inventory, which was already write-off. What will do? Any document need to prepare for GST taxation? Please suggest.
- Excess quantity received from vendor. But no need to pay the amount to vendor. (Eg. Chilly purchase: The moisture level may varying on delivery time.). And what is the tax calculation?
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9 doubts about gst taxation.
Replies (6)
1 Yes treat them under unregistered-vendor category.
2 Yes it is right.
3 Credit facility not available on petrol and diesel.
4 It is sales within the state IGST Not applicable.
Still i have the doubt about 4th point.
Material moved to same State. But the billing state is different. I think the GST is calculating based on State of Bill-To-Part.
As per your opinion on 3rd point. I will not get the tax credit.
Then, can I add that tax (VAT/ED) to the product rate (Cost)
5 Final destination of the goods matters.
6 Tax credit not available.
7 Input credit can't be claimed for un matched data. Give resons for unmatching.
8 Tax credit not available on inventory write off.
9 No need of any tax adjustment.
Yes add the VAT/ED to the product cost. VAT input credit can be taken as per the existing procedure.
With regard to 4th point place of supply as per GST provisions is,
Where supply involves movement of goods
Location of goods when movement of goods terminate for delivery to recipient.
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