We are EPC onctractors and do Lumpsump turn key contracts pan india.
We supply goods as well as services.
Our principal place of business is in Chennai and we had a centralised registration for Service Tax in chennai.
We have a site at karnatka and enduser also in karnataka.
Erection services we have sub-contracted one vendor possessing registration in chennai.
Erection is carriedover at karnataka.
In present GST regieme our vendor will raise the invoice to us. We need to invoice customer in karnataka.
Shall we able to avail the credit from our vendor invoice under following options?
Option -1
Vendor will issue Tax invoice with IGST component ( since the site is at karnataka) from chennai registration.
Whether we shall avail the credit of IGST for our furtherance of invoice to customer.
We shall issue IGST invoice to our customer from our chennai registration.
Option-2
Vendor need to have regisration in karnataka and issue a invoice with CGST+SGST?
We also need other registration in karnataka to raise invoice to customer at karnatka?
We are available with service tax credit in earlier regime there is particular restriaction spelled out in present GST.
whether our credit will be objectable.
Kindly give your expert view /Opnion /understanding.
CAclubindia
