Q. 657 what is time limit for e invoice and e way bill……..please reply as soon as possible.

Ans. As per notification no. 17/2022- central tax, e- invoicing to be issued whose aggregate turnover exceeds Rs. 10 cr in a financial year. No, there is no time limit for delivery of goods or generation of e-waybill for the e-Invoice.

Q. 656 Mr. A raise invoice in respect of some tools and dies (Capital Goods) which are presently out side India (say manufactured by foreign company for some future product production) to Mr. B. Both are in different states. Such Tools & Dies will never come to India and used for production of parts for supply by foreign company to Mr. A and further supply of parts from Mr. A to Mr. B. Q1. Is this transaction is subject to GST, if Yes Inter state or Intra state. Q2 What is place of supply . Q3. If GST charged by Mr. A, status of GST credit in the hands of Mr. B. Further to above transaction status if Mr. B further raise invoice to Mr. C and both are in different states.

Ans. Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India is covered under schedule III, hence it is neither a supply of goods nor supply of services.

Q. 655 In case of a residential property given on rent , where the recipient has to pay GST on RCM basis , whether the Supplier has to disclose such supply in its GSTR 1/3B as gst payable by recipient on RCM basis or simply show it as Exempt supply ?

Ans. Services by way of renting of residential dwelling for use as residence [except where the residential dwelling is rented to a registered person] to be shown as exempt supply.