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ITC of IGST
Yes full ITC available to regular taxpayer.
ITC Use in following order: IGST then CGST then SGST.
Yes, ITC can be claimed.
The entire amount of ITC on IGST can be claimed.
If M from Maharashtra gets order from K of Karnataka & M purchase those goods from G of Gujarat, send this goods directly from Gujarat to Karnataka.
please explain who 'll levy the GST to whom ?
whether M can directly despatch the material from gujarat as he is not registered there he is registered under GST in Maharashtra.
please reply.
Get things clear:
Two transactions G to M and M to K So, two different invoices.
M will raise invoice with IGST to K.
You need to Comply with E-Way bill in case goods more than 50,000.
My confusion is under GST Act whether G of Gujarat can levy IGST to M of Maharashtra ?
As goods were never entered in the state maharashtra its directly despatched to K of Karnataka.
Who will issue E-Way Bill to whom ?
please guide.
in case of 2 m treated as casual taxable person in gujarat & transaction is treated as interstate transaction hence igst is payable
please correct me if i am wrong
We are a bangalore based company and have taken a works contract in bangalore.
Our customers GST Registration number is Orissa Based and I have to do the billing for Orissa address but I am doing the work for there bangalore office.
In this scenario I have to charge my customer IGST (18%) or SGST+CGST (9%+9%)
And also can i claim input credit on materials purchased in Bangalore if I charge IGST.
Please Help.
No, unless M has a Branch or Place of Business in Gujarat.
Since, business is conducted from Banglore office to the Orissa based customer so IGST shall have to be charged.
Yes, ITC can be claimed on materials purchased in Banglore.
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