Debatable Issues in GST............ Areas of Dispute

 The following are some of the issues for which there is no clear cut answers at present:-

1. Whether clubs are liable to collect and pay GST from its members?

2. Can ITC be claimed on construction of Building for renting purposes?

3. Can TRAN 1 Credit be claimed even after the time limit prescribed in GST Rules?

4. Is Ocean freight liable for RCM?

5. Whether interest under section 50 is automatic or not?

6. Whether Bank interest received by a person in his personal capacity is to be included in Aggregate Turnover?

7. Is time limit under section 16(4) to avail ITC is compulsory?

8. Is reconciliation of ITC in GSTR 2 A and ITC availed in GSTR 3B is mandatory till 09.10.2019?

9. ..........................

This list will be updated at regular intervals............ as and when an issue comes to us.