Ques: “Under which provision of Section of the CGST Act, 2017 read with Rule 9(4) of the CGST Rules, 2017, can an application for new GST registration be rejected?”

Ans: There may be many reason like non supply of requisite details/papers or non availability of premises

Ques: One of the holding electricity transmission Company pay upront charges to Bank regarding bank guarantee on behalf of its subsidiary company let say paid to bank Rs 100 upront charges plus 18% gst and thereafter charged from subsidiary upront charges 118+ 18% gst , is it a correct practice or holding company to be charge from subsidiary comp 100+18% .Since both company are electric transmission and distribution comp hence exempted from gst on it receipts

Ans: Holding company need to charge on a valuation derived for guarantee provided. Why 100/- is paying to bank by holding company is not clear from question. Better we take professional support to read all agreements and opine

Ques: The company has incurred Loss of its Goods (Raw Material, finished goods and Capital Goods) due FIRE in its godown.

Whether GST Input required to be reversed on such loss of goods

Ans: Yes for abnormal loss due to fire require reversal of credit as per section 17(5)