banner_ad

lnput credit

ITC / Input 308 views 25 replies
User Avatar

33 Points Posted on 28 July 2017
what is percentage of GST in AMC contract?
Reply
On 28 July 2017 at 12:08
User Avatar

Asst. Manager
529 Points Posted on 28 July 2017

GST @ 18%..

already clarrified in this link /forum/amc-contracts-gst-clarification-394246.asp

1 Reply
On 28 July 2017 at 12:18
User Avatar

33 Points Posted on 28 July 2017
only SGST applicable for AMC not coming under CGST ya?
Reply
On 28 July 2017 at 12:54
User Avatar

Asst. Manager
529 Points Posted on 28 July 2017

GST is at 18% which will be split into 9% for CGST and 9% for SGST

1 Reply
On 28 July 2017 at 13:01
User Avatar

33 Points Posted on 31 July 2017
Good morning sir,, Can we take input credit for cess amount. plz explain me sir if we take.. becoz I am not aware this.. we have some confusion about cess, whether it's we can take or not. we are buying coal for this bill he is charging cess for us.
Reply
On 31 July 2017 at 10:36
User Avatar

Asst. Manager
529 Points Posted on 31 July 2017
please do explain what you are buying and what does the bill holds for...
1 Reply
On 31 July 2017 at 11:00
User Avatar

33 Points Posted on 31 July 2017
we are buying steam coal
Reply
On 31 July 2017 at 11:03
User Avatar

33 Points Posted on 31 July 2017
Supplier mentioned RS. 400 per MT as cess. whether we can take credit for that?
Reply
On 31 July 2017 at 11:05
User Avatar

Asst. Manager
529 Points Posted on 31 July 2017

You can reffer the (XI) Imports and Input Tax Credit (ITC): Page No. 5 in the below mentioned link.

https://www.cbec.gov.in/resources//htdocs-cbec/gst/Guidance-Note-for-Importers-Exporters-v2.pdf

1 Reply
On 31 July 2017 at 12:27
User Avatar

33 Points Posted on 30 August 2017
Hi.... can we take input credit on July month bills
Reply
On 30 August 2017 at 15:39
User Avatar

33 Points Posted on 30 August 2017
in August returns
Reply
On 30 August 2017 at 15:40


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details