LPG Distributor to Consumer

Page no : 2

Kailash Oza (10 Points)
Replied 04 October 2017

yes he can claim , because there is sale and purchase invoice

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 04 October 2017

If it's consider as Purchase and Sales then he can use ITC...
But, It's commission based business then he can't take ITC for the Supplies....

Also in my view it's only for commission based business. Bcoz, the cylinder under NOCL authority....

P.Lingam (Accountant) (75 Points)
Replied 04 October 2017

LPG DISTRIBUTION IS NOTHING BUT PURELY LIKE TRADING BUSINESS NOT ON COMMISSION BASIS ATALL.

ANKUSH (Article Trainee) (320 Points)
Replied 04 October 2017

Hello Raja sir

lpg distributor also charged gst on their final invoices to consumer.
and they also received input gst bill from iocl.

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 04 October 2017

@ jammangguite. Plz mention first which type of bill received by you.

Because if it is not a commission business then you can claim ITC.

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 04 October 2017

Until you specified exact nature how we can clarify you.

JamMang Guite (unemployed) (103 Points)
Replied 04 October 2017

final invoice i.e. customer invoice does not show GST deduction, I guess that means, distribution is commission based.

JamMang Guite (unemployed) (103 Points)
Replied 04 October 2017

Ma'am @ Rashmi, customer invoice doesn't show GST deduction.

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 04 October 2017

Who raise invoice to customer. You or lpg distributor.

JamMang Guite (unemployed) (103 Points)
Replied 04 October 2017

distributor

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 04 October 2017

https://timesofindia.indiatimes.com/india/LPG-price-to-rise-on-dealer-commission-revision/articleshow/23765559.cms

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 04 October 2017

https://timesofindia.indiatimes.com/india/LPG-price-to-rise-on-dealer-commission-revision/articleshow/23765559.cms

NEW DELHI: Cooking gas cylinder price is likely to go up by Rs 3.50, with the oil ministry looking at increasing dealer commission to Rs 40.71 per cylinder from Rs 37.25 as per an accepted formula.

Sources said a decision on raising commission on regular 14.2-kg cylinders as well as 5-kg refills is expected in a fortnight. The commission on 5-kg cylinders is expected to be raised from Rs 18.63 to Rs 20.36.

Gas dealers have been demanding a revision as per the July 2012 report of a committee made up of marketing directors of the three state-run fuel retailing companies. Dealer commission was last revised in October, 2012, when it was raised by Rs 11.42.

The dealers are demanding a higher commission on account of increase in operational expenses like salary and wages. A hike in cooking gas commission could spark a similar demand from petrol pump owners, who too have been seeking a revision of commission on petrol and diesel as per the Apurva Chandra report.

It said, however, that no revision in the additional distributor commission of 75 paisa paid on sale of non- subsidized sale of 14.2-kg cylinder was required for the present. The 75 paisa is over and above the commission of Rs 37.25.

The commission has more than doubled in past six years. The commission was raised from Rs 16.71 per 14.2-kg cylinder to Rs 19.05 on March 1, 2007; to Rs 20.54 on June 4, 2008; to Rs 21.94 on June 30, 2009 and to Rs 25.83 per cylinder on July 1, 2011.

g mahesh Mundra (Business and tax consultant) (3293 Points)
Replied 04 October 2017

means LPG distributor in commission agent only

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 04 October 2017

If distributor raise bill then you get commission only & no IYC available to you for same.

ADV PRODYUT MAITY (TAX PRACTITIONER) (78 Points)
Replied 05 October 2017

Dear jammangguite Sir,

First of all, I don't understand your question,

Point:1 If LPG distributor supply LPG Gas to consumers, so why should they claim ITC,

Point: 2 If LPG gas has to levy under GST so the distributor will charge GST(Output) Invoice to the consumer and when he was purchase LPG gas, from their supplier, he has to claim ITC from there.

Point:3 And Gov. announced earlier The Petrol, Disel & LPG Gas out of GST.

Thanks

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