Page 17 - GSTL_18th June 2020_Vol 37_Part 3

2020 ] INDEX - 18th June, 2020 xv
HSN Code 4808 10 00 - See under PAPERBOARDS ................. 394
HSN Code 4808 90 00 - See under PAPERBOARDS ................. 394
HSN Code 8711 20 19 - See under INPUT TAX CREDIT .............. 397
— See also under VEHICLES ........................ 397
HSN Code 8713 - See under VEHICLES ....................... 397
HSN Code 8713 10 90 - See under INPUT TAX CREDIT .............. 397
— See also under VEHICLES ........................ 397
IGST - Applicant imports Aluminium casting and pressure Die Casting
component of Aluminium from Thailand where the Thailand supplier
first manufactures Die as per the requirement and specifications given by
applicant, retained with them and used for manufacture of Aluminium
casting and pressure Die Casting component of Aluminium to the
applicant - Thailand supplier raised tax invoice in the name of applicant
though the Die not physically imported by applicant - Hence said
transaction not amounts to import as per Section 2(10) of Integrated
Goods and Services Tax Act, 2017 - However, after the completion of the
order or Die life if applicant physically imports the Die from the place
outside India to a place in India then the applicant liable to pay the IGST
tax on reverse charge mechanism and claim the IGST tax paid as input
tax credit, if eligible - Further if the Steel Die belonging to applicant if
scrapped at the location of the overseas supplier without die coming to
India then such transaction is occurring outside the taxable territory, i.e.,
India and hence not under the purview of GST — In Re : Dolphin Die Cast (P)
Ltd. (A.A.R. - GST - Kar.) ................................ 380
Initiation of Audit, scope of - See under AUDIT .................. 320
Input service credit admissible under Renting of Immovable Property
services on renting of Branch office for procurement of orders, delivery of
goods, Repair and Maintenance service as well as for marketing purpose
- See under CENVAT CREDIT .......................... 324
— admissible under Scientific and Technical Consultancy services for
supervision and monitoring work - See under CENVAT CREDIT ....... 327
Input Tax Credit not admissible to Die manufacturer on GST paid on it on
the invoice raised by him to foreign buyer of finished goods - See under
INTRA-STATE SUPPLY .............................. 380
— Retrofitted vehicles - Two-wheelers covered under HSN Code 8711 20 19
and retro fitment equipment covered under HSN Code 8713 10 90
purchased by assessee to produce two wheelers compatible for use by
differently abled persons - Assessee purchasing two wheelers for “further
supply of such motor vehicles” by adding certain accessories - Tax paid
on two-wheelers and retrofit equipment available to assessee as input tax
credit - Section 17(5) of Central Goods and Services Tax Act, 2017 — In Re :
Sai Motors (A.A.R. - GST - Kar.) ............................. 397
Insolvency Bankruptcy Code vis-à-vis other creditors - See under
RECOVERY ..................................... 289
INSOLVENCY BANKRUPTCY CODE, 2016 :
— See under STRICTURES .............................. 289
— Section 31 - See under RECOVERY ........................ 289
GST LAW TIMES  18th June 2020  17