Important Tweets Posted on @askGSTech & @askGST_GOI twitter Handel in past Few Days-(PART-3)

1. As per Section 51 of CGST Act, only registration of deductor has been opened. Date from which liability to deduct arises will be notified separately.

2. No ITC can be claimed on Car purchased for business purpose.

3. Electricity Expense is a Non GST Inward Supplies for GSTR-3B

4. Manufacturer can take transitional ITC only on duty paying document as per Section 140(3) of CGST Act 2017

5. If Paid IGST by Mistake instead of CGST+SGST than as per Section 19(1) of the IGST Act A Registered person shall be granted refund of the amount of integrated tax so paid in such manner and subject to such conditions as may be prescribed.

6. ITC of IGST on import can be availed only if your GSTIN is mentioned on BOE. So if paid a broker pay the amount on behalf of company than no credit will be allowed.

7. Custom Clearing Charges will come in form GSTR3B under the heading "All other ITC"

8. Bill of Supply is to be issued for Exempt Goods, Nil rated supplies and Non-GST goods and not a Invoice

9. Advance received for export can be shown under Place of supply -Other Territory under tax bracket of 0% at Sl.11 GSTR-1

10. An Individual renting residential dwelling to Pvt Ltd Co for residential use of director/Officer is Liable to GST

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