LPG Distributor to Consumer

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unemployed
103 Points Joined April 2013
can an LPG Gas distributor claim ITC for supply to consumers, please help.
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On 04 October 2017 at 03:33 Report
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Business and tax consultant
3299 Points Joined September 2017
I think LPG distributor receiving only commission
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On 04 October 2017 at 04:56
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Chartered Accountant
86505 Points Joined April 2011
Yes he can.....
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On 04 October 2017 at 06:17
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
No....
The LPG distributor can't claim the ITC for LPG DELIVERY.
LPG delivery is their commission business. Not on purchase and Sales transactions. LPG related tax portion payable by IOCL / BPCL
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On 04 October 2017 at 07:35
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unemployed
103 Points Joined April 2013
Ma'am @ Rashmi in what condition he can claim ITC?
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On 04 October 2017 at 07:51
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unemployed
103 Points Joined April 2013
Sir @ Raja that means he cannot show tax deduction at consumer's invoice?
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On 04 October 2017 at 07:54
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Business and tax consultant
3299 Points Joined September 2017
tax deduction means
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On 04 October 2017 at 08:02
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unemployed
103 Points Joined April 2013
caould he show GST value at customer's invoice
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On 04 October 2017 at 08:09
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Business and tax consultant
3299 Points Joined September 2017
invoice is given by petroleum company only
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On 04 October 2017 at 08:15
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unemployed
103 Points Joined April 2013
so, distributor can can't claim anything?
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On 04 October 2017 at 08:18
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
Claim means Different from the invoice and to the business activities by the distributor...
He can fully claim his inwards supplies. But, the sale liabilities is not to distributor...
Only his liabilities is Commission portion not in sales portion. Also he is less the liabilities from his ITC from the Inwards....
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On 04 October 2017 at 08:33
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unemployed
103 Points Joined April 2013
thanks again @ Raja Sir
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On 04 October 2017 at 08:41
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Business and tax consultant
3299 Points Joined September 2017
I want to know LPG distributor commission is taxable under GST
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On 04 October 2017 at 08:42
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
You are most welcome Mr Jammangguite Sir...
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On 04 October 2017 at 09:03
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Accountant
75 Points Joined June 2009

LPG DISRIBUTOR CAN AVAIL THE INPUT AND LPG SELLING PRICE IS INCLUDING GST, CALICULATE THE OUTPUT TAX AND PAY THE DIFFERANCE THAT'S IT.(TOTAL SALES GOES TO B2C)

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On 04 October 2017 at 14:22


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