Sir
As you know Electricity is exempt from GST and No input credit allows. Anything which is purchased and not used for which it was purchased and resale as such.
Whether this Resale will be Supply as per GST???
If yes, then it will be double taxation for that particular thing.
Please guide....
Menu
Sale of stock as such
Replies (3)
I think electricity is excempt tax
Electricity mean EB or not?
Anything purchased by Electricity Company and Resold as such or after use on which no input credit was taken due to 17(5).
Whether that resale is subject to levy of GST or this is not a supply as per Schedule 1(i)???
Whether that resale is subject to levy of GST or this is not a supply as per Schedule 1(i)???
Recent Threads
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
Related Threads
CAclubindia
