GST on Royaty paid to Govt

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....ST on Royaty paid to Govt<br> Query (Issue) Started By: - Ravikumar Doddi Dated:- 27-11-2018 Last Reply Date:- 29-11-2018 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>Dear sir, Whether GS....

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....T is payable or not on royalty paid to Govt by Mining companies, at what rate if it is exempted PL give the notification or circular and SAC code. Reply By KASTURI SETHI: The Reply: As per FAQ date....

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....d 31.7.17 (Q.No.22) GST is payable on royalty paid to Govt. under RCM. Question 22 :&emsp;Whether GST is payable on royalty (to be paid to Government) for Mining Lease granted by State Govt. Answer ....

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....:&emsp;Yes, on royalty GST will apply under reverse charge mechanism. Further, such payment of GST under reverse charge mechanism would be eligible as ITC in the hands of the recipient of supply for p....

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....ayment of Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: GST is payable by the Government on reverse charge mechanism. Reply By PAWAN KUMAR: The Reply: GST is payable under RCM similar at the rat....

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....e of 18%. GST paid is also claimable as ITC. Reply By CASusheel Gupta: The Reply: GST is payable by mining companies under RCM Refer to entry no. 5 of notification number 13/2017. Thanks and Regar....

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....ds CA Susheel Gupta 9811004443, 8510081001<br> Discussion Forum - Knowledge Sharing ....