sir, diesel provided by the company to third party for example a manufacturing company provide diesel to his subcontractor.
the transaction as per GST valuation whether supply of service ? if yes GST is applicable.
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WHETHER GST APPLICABLE
Replies (4)
If the diesel to be used for the project is in scope of sub contractor itself, however, the same is given by the company, then as per sec.15(2) of CGST Act, 2017, the contractor shall include the value of diesel in the invoice to be raised to the company.
Supply of diesel from company to sub contractor will be out of GST. However, the same will be considered as an exempt supply (being non GST supply) and ITC needs to be reversed proportionately for the same.
this case company provide diesel to sub contractor ,who transfer raw material/semi finish/finished good from one unit to another unit during production process. therefore provided diesel is question of service. if yes GST is applicable. pl guide
You need to charge Gst on diesel
Please refer latest AAR order of M/s Shree Raipur Cement
Please refer latest AAR order of M/s Shree Raipur Cement
thank you Asiya madam and pritesh sir
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