ITC CLIME LIQUOR OR ALCOHOLIC BEVERAGES INDUSTRY UNDER GST

ITC / Input 1439 views 13 replies
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53 Points Joined June 2017
I exports please ans me fast

I am alcoholic beverage manufacturers I received so many GST bill advertisement and bottle stickers and so on can I refund GST input tax
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On 02 June 2018 at 19:14 Report
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Guest
Yes you are eligible for refund of unavailed ITC u/s 54 of CGST Act , as you are making export
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On 02 June 2018 at 19:25
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53 Points Joined June 2017
no my wine sales in Karnataka only.
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On 02 June 2018 at 19:35
Guest
But you mentioned that you export
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On 02 June 2018 at 19:43
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53 Points Joined June 2017
sorry this is typing mistake (hi experts)
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On 02 June 2018 at 19:50
Guest
Sorry then you can't claim ITC because one of the conditions as given in section 16 is that your output should be non exempted.
And exempted includes non taxable and alcoholic beverages is non taxable
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On 02 June 2018 at 19:51
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53 Points Joined June 2017
thank you
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On 02 June 2018 at 19:52
Guest
And if you are exclusively engaged in making exempted supplies only then you are not liable for registration also u/s 23
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On 02 June 2018 at 19:55
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53 Points Joined June 2017
wine is not under GST . I will pay tax state vat and state excise and I received some GST bills like advertisement and labels and Empty bottles And marketing service bills etc. can I refund this bills GST tax
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On 02 June 2018 at 19:59
Guest
Yes I mentioned above that it is non taxable item in GST regime and you are liable to pay state excise and vat so according to me you are not eligible for refund under section 54 for better clarity you can go through this section
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On 02 June 2018 at 20:13
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53 Points Joined June 2017
ya ok thank you so much
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On 02 June 2018 at 20:14
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343 Points Joined May 2018
It is non taxable supply and so exempt as per section 2(47) of the CGST Act, 2017 and as per section 17, no ITC on exempt supply
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On 02 June 2018 at 21:29
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24196 Points Joined May 2018
Yes you are right sir...
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On 03 June 2018 at 01:11
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audit assistant
2 Points Joined June 2009

Sir, Alcohol Purchase FOR Tamilnadu State Marketing Corporation limited  First sale Tax and Second sale Tax Beer 260% and Others 220% added value but how to calculate Input VAT

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On 16 June 2021 at 12:03


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