Q817. One of my clients (private Limited Company) celebrated its annual day function. This function had been attended by all directors & their family members. My query is the GST paid for traveling of Directors & their family members is eligible for credit or not.

Ans:  Yes it will be if that's the business meeting. Family members credit will be disallowed

Q816. One of my client receives ballons under the brand of lion in 1000 no pack. He sells those ballons under the brand of tiger in 25 no pack. what are the gst implications.

Ans: Invoice is not valid till it contains IRN thus E-invoice should be generated along with Invoice.

Q815. One of our client deals in wholesale trading of silica sand having GST rate @5%. we have to pay transport charges on which we pay RCM . During F.Y. 22-23 we used services of registered GTA. We pay 12% transport charges . After taking ITC we have still balance in credit ledger . Can we apply for refund on inverted duty structure basis.

Ans: Benefit of inverted duty structure is available if GST rate on inputs is higher than GST on output supplies. If ITC accumulation is due to input services i.e. rate of input services is higher than GST on output supplies, tax payer is not eligible for refund.