Q. One of our client is manufacturing of body parts of truck.
can you please confirm the tax rate and hsn code for the manufacturing of truck body with material.
Ans.
HSN code of body parts-8708- 18% GST rate.
Q. Cotton bag stiching service hsn code
Ans.
HSN-998821
Q. Gym business can claim itc on purchase of gym equipment after blocking itc of gym service after 22.09.2025.
Please clear
Ans.
No, Once itc had been blocked, no input can be claimed
Q. IN CASE OF GOODS RETURNED POST GST RATE CHANGE FROM 22.9.25, WHETHER CREDIT NOTE SHALL BE GIVEN AT NEW GST RATES OR AT OLD GST RATES.
Ans.
Old GST rates.
Q. Itc claim in other head allowed or not cgst sgst itc claim in igst
Ans.
If you wrongly avail ITC under CGST/SGST instead of IGST (or vice versa), then ITC is not denied, but you cannot directly use it across heads.The law requires correct head adjustment — you must first reverse the wrongly availed ITC and then claim it correctly under the proper head.- Refer Case Law Rejimon Padickapparambil Alex [2024 TAXONATION 3238 (KERALA)]
Q. After 22nd September GST rate on hotel tarrif below 7500 , gst rate will be 5 percent without ITC so would they require to reverse ITC claimed on capital goods purchased within a timeframe of five years ago, as per rule 43 ?
Ans.
Yes as per rule 42/43 they need to do the same.
Q. I have received 10 grams of gold worth ₹95,000 as consideration for the sale of 10,000 cement bags. TDS has been deducted under Section 194R on this income.
Am I required to issue a tax invoice for the same and collect GST? If yes, then at what rate of GST?
Further, what if the company had given me this gold at the time of Diwali as a gift for being their valuable customer? Would the GST implication be different in that case?
Ans.
1-Since this is the incentive, services, it should be taxed @18%.
2-If it’s being given as gift, it will be considered as other income with no gst effect (subject to tds 194R not deducted) (however if deducted, treatment as option 1 above)
