Q. 106 How to credit input on capital good if we involved in taxable and exempt supply ?

Ans. In order to take input tax credit on capital goods involved in both taxable and exempt supply, the procedure given under rule 43 of the CGST rules have to be followed. Please find analytical link of the same : https://taxo.online/rules-and-forms/rule-43-manner-of-determination-of-input-tax-credit-in-respect-of-capital-goods-and-reversal-thereof-in-certain-cases/ 

Q. 105 Whether rent collected from a guest who stays in the hostel of an Engineering college. If so how much percentage ?

Ans. In terms of exemption notification no. 12/2017 -CT (R ), services by way of renting of residential dwelling for use as residence, “except where the residential dwelling is rented to a registered person” is exempt. Therefore, in the above case, being a college hostel unregistered under GST, rent collected from a guest staying in a college hostel is covered under exemption. Further, if the premises is treated as a guest house then 18 % GST to be levied.

Q. 104 I am into the business of e diagnostics we are the mediator between the user and the diagnostic centre I believe the pathalogy lab do not have have to pay GST but me as a service provider am I entitled to GST our services are provided through a app ?

Ans. Under GST law, service provided as an intermediary to the user and the diagnostic centre is not exempt. Hence, GST on the services to be levied.