https://www.taxtmi.com/forum/issue?id=114876 Sale of MEIS certificates is an exempted supply under the GST exemption notifications effective mid-October 2017, so GST is not leviable on such transfers. If a taxable person makes both taxable and exempt supplies including sale of MEIS certificates, the apportionment and reversal mechanism for common input tax credit under the relevant GST input tax credit rule (Rule 42) applies, requiring proportionate reversal or adjustment of credits attributable to exempt supplies. en-us Wed, 17 Apr 2019 11:22:42 +0530 Thu, 23 Jan 2025 15:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114876 Sale of MEIS certificates is an exempted supply under the GST exemption notifications effective mid-October 2017, so GST is not leviable on such transfers. If a taxable person makes both taxable and exempt supplies including sale of MEIS certificates, the apportionment and reversal mechanism for common input tax credit under the relevant GST input tax credit rule (Rule 42) applies, requiring proportionate reversal or adjustment of credits attributable to exempt supplies. Discussion-Forum GST Wed, 17 Apr 2019 11:22:42 +0530 https://www.taxtmi.com/forum/issue?id=114876