Page 16 - Ch15_Computation of GST

IGST: 74,000 (4,500) (24,500) (45,000)
CGST: 57,000 - (20,500) x

SGST: Nil - - -
Minimum GST payable in cash Nil Nil Nil
Notes:-

1) Ü As per Sec 12(2), read with notification 66/2017, the time of supply of goods shall be earlier of
the following dates:-
Ø Date of issue of invoice or
Ø last date to issue the invoice u/s 31.

Ü Further, As per notification 66/2017, the time of supply of goods is not on advance received & this
is applicable to all registered persons except composition supplier & Supplier of Specified
actionable claim.
Ü Thus, liability to pay tax on the advance received in January will also arise in the month of February,

when the invoice for the supply is issued.
2) Services by way of pure labour contracts of construction, erection, commissioning, or installation of
original works pertaining to a single residential unit otherwise than as a part of a residential complex
are exempt but Labour contracts for repairing are thus, taxable.

3) Ü Services by way of training or coaching in recreational activities relating to sports is exempt under
only if provided by charitable entities registered under section 12AA or 12AB of the Income-tax
Act.
Ü Thus, in the given case, said service is taxable.
4) Security services provided to ABC higher secondary School for Annual Day function organised

outside the school campus will be taxable as only the security services performed within the premises
of the higher secondary school are exempt.
5) ITC is blocked u/s 17(5)(g) of CGST Act on goods on which tax is paid u/s 10.
6) ITC is blocked u/s 17(5)(b) of CGST Act as said service is not provided by employer to employee

under any statutory obligation.
7) Ü GST is payable by the recipient on reverse charge basis on the receipt of services of transportation
of goods by road from a goods transport agency (GTA), provided GST is not payable @ 12%.
Ü Since in the given case, services have been received from a GTA where GST is payable @ 12% and
recipient is one of the specified recipients, reverse charge provisions will not be applicable.

Ü In this case, input tax credit is available for the services received from GTA.
8) As per 1st proviso to section 16(2) of CGST Act, In case of goods received in lots, ITC can be taken
only upon receipt of the last lot.

9) IGST credit is first utilized towards payment of IGST, remaining amount can be utilized towards
CGST and SGST in any order and in any proportion.

CCP 14.01.08.00
‘XY' of Kolkata is engaged in supply of various goods and services. It pays GST under regular scheme.

The following information is provided by it for the month of July:-

Payments Amount(`) Receipts Amount(`)
Inter-State purchases of office 1,40,000 Inter-State supply of office stationery 2,00,000
stationery

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