Amend NT No.1-2017 CT(R) GST Tax Rate (Amendment in F.NO.FIN/REV3/GST(Pt-1) “D”, 30th June,2017) – GST – States – FIN/REV-3/GST/1/08 (Pt-1)/096 – Dated:- 28-11-2017 Notification – Circular
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Amend NT No. 2-2017 CT(R) GST Exemption(Amendment in F.NO.FIN/REV3/GST(Pt-1) “E”, 30th June,2017) – GST – States – FIN/REV-3/GST/1/08 (Pt-1)/097 – Dated:- 28-11-2017 Notification – Circular
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Seeks to provide concessional GST Rate of 2.5% on Scientific equipments. – GST – States – FIN/REV-3/GST/1/08 (Pt-1)/100 – Dated:- 28-11-2017 Notification – Circular
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GST – States – FIN/REV-3/GST/1/08 (Pt-1)/101 – Dated:- 28-11-2017 – GOVERNMENT OF NAGALAND FINANCE DEPARTMENT (REVENUE BRANCH) NOTIFICATION Dated: 28th November 2017 F.NO.FIN/REV-3/GST/1/08 (Pt-1)/101.- In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and sub-section (1) of section 16 of the Nagaland Goods and Services Tax Act, 2017 (4 of 2017), the State Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of Nagaland, Finance Department (Revenue Branch) F.NO.FIN[REV-3/GST/1/08 N dated the 30th June, 2017, namely:- In the said notification, in the Table, – (i) against serial number 3, in column (3), in item (vi), for the words Services provided , the words Composite supply of works contract as defined in clause (119) of section 2 of the Central Goo
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ed tariff includes charges for all amenities provided in the unit of accommodation (given on rent for stay) like furniture, air conditioner, refrigerators or any other amenities, but without excluding any discount offered on the published charges for such unit. 2.5 Provided that credit of input tax charged goods and on services used in supplying the service has not been taken [Please refer to Explanation no. (iv). ; (b) for item (iii) in column (3) and the entries relating thereto in columns (3), (4) and (5), the following shall be substituted, namely:- (3) (4) (5) (iii) Supply, by way of or as part of any service or in any other manner whatsoever, of goods, being food or any other article for human consumption or any drink, where such supply or service is for cash, deferred payment or other valuable consideration, provided by a restaurant, eating joint including mess, canteen, whether for consumption on or away from the premises where such food or any other article for human consumpti
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part of any service or in any other manner whatsoever, of goods, being food or any other article for human consumption or drink, where such supply or service is for cash, deferred payment or other valuable consideration, provided by a restaurant, eating joint including mess, canteen, whether for consumption on or away from the premises where such food or any other article for human consumption or drink is supplied, other than those located in the premises of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes having declared tariff of any unit of accommodation of seven thousand five hundred rupees and above per unit per day or equivalent shall attract State tax @ 2.5% without any input tax credit under item (i) above and shall not be levied at the rate as specified under this entry. , (iii) against serial number 26, in column (3), in item (i), after sub-item (h), the following shall be inserted, namely: '(i) manufacture
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GST – States – FIN/REV-3/GST/1/08 (Pt-1)/102 – Dated:- 28-11-2017 – GOVERNMENT OF NAGALAND FINANCE DEPARTMENT (REVENUE BRANCH) NOTIFICATION Dated: 28th November 2017 F.NO.FIN/REV-3/GST/1/08 (Pt-1)/102.- In exercise of the powers conferred by sub-section (1) of section 11 of the Nagaland Goods and Services Tax Act, 2017 (4 of 2017), the State Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government Of Nagaland, Finance Department (Revenue Branch) F.NO.FIN/REV-3/GST/l/08 (Pt-1) O , dated the 30th June, 2017, namely:- In the said notification, in the Table, – (a) Against serial number 11A, for
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GST – States – G.S.R.057/P.A.5/2017/S.164/Amd.(7)/2017 – Dated:- 28-11-2017 – GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRANCH) NOTIFICATION The 28th November, 2017 No. G.S.R.057/P.A.5/2017/S.164/Amd.(7)/2017.-In exercise of the powers conferred by section 164 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017), and all other powers enabling him in this behalf, the Governor of Punjab, on the recommendations of the Council, is pleased to make the following rules further to amend the Punjab Goods and Services Tax Rules, 2017, namely:- RULES 1. (1) These rules may be called the Punjab Goods and Services Tax (Seventh Amendment) Rules, 2017. (2) They shall come into force on and with effect from the 15th day of November, 2017. 2. In the Punjab Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules),- in rule 43, after sub-rule (2), the following explanation shall be inserted, namely:- Explanation – For the pur
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tal shall, in respect of that process or procedure, include manual filing of the said application, intimation, reply, declaration, statement or issuance of the said notice, order or certificate in such Forms as appended to these rules. . 5. In the said rules, after rule 107, the following rule shall be inserted, namely:- 107A. Manual filing and processing.-Notwithstanding anything contained in this Chapter, in respect of any process or procedure prescribed herein, any reference to electronic filing of an application, intimation, reply, declaration, statement or electronic issuance of a notice, order or certificate on the common portal shall, in respect of that process or procedure, include manual filing of the said application, intimation, reply, declaration, statement or issuance of the said notice, order or certificate in such Forms as appended to these rules. . 6. In the said rules, after rule 109, the following rule shall be inserted, namely:- 109A. Appointment of Appellate Authori
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Commissioner of State Tax or the State Tax Officer, within six months from the date of communication of the said decision or order. . 7. In the said rules, in rule 124, – (a) in sub-rule (4), for the second proviso, the following proviso shall be substituted, namely:- "Provided further that the Central Government with the approval of the Chairperson of the Council may terminate the appointment of the Chairman at any time. ; and (b) in sub-rule (5), for the second proviso, the following proviso shall be substituted, namely: – "Provided further that the Central Government with the approval of the Chairperson of the Council may terminate the appointment of the Technical Member at any time. . 8. In the said rules, after the FORM GST RFD-01 , the following forms shall be inserted, namely:- FORM-GST-RFD-01 A [See rules 89(1) and 97A] Application for Refund (Manual) (Applicable for casual taxable person or non-resident taxable person, tax deductor, tax collector and other registered
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s or services or both and that I have not claimed refund of the integrated tax paid on supplies in respect of which refund is claimed. Signature Name – Designation / Status DECLARATION [section 54(3)(ii)] I hereby declare that the refund of ITC claimed in the application does not include ITC availed on goods or services used for making nil rated or fully exempt supplies. Signature Name – Designation / Status DECLARATION [rule 89(2)(f)] I hereby declare that the Special Economic Zone unit /the Special Economic Zone developer has not availed of the input tax credit of the tax paid by the applicant, covered under this refund claim. Signature Name – Designation / Status SELF- DECLARATION [rule 89(2)(l)] I/We ____________________ (Applicant) having GSTIN/ temporary Id ______, solemnly affirm and certify that in respect of the refund amounting to Rs. _____/ with respect to the tax, interest, or any other amount for the period from ______ to ______, claimed in the refund application, the inci
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×4÷3)-2] 1 2 3 4 5 Statement- 3A [rule 89(4)] Refund Type: Export without payment of tax (accumulated ITC) – calculation of refund amount (Amount in Rs.) Turnover of zero rated supply of goods and services Net input tax credit Adjusted total turnover Refund amount(1×2÷3) 1 2 3 4 Statement-5A [rule 89(4)] Refund Type: On account of supplies made to SEZ unit / SEZ developer without payment of tax (accumulated ITC) -calculation of refund amount (Amount in Rs.) Turnover of zero rated supply of goods and services Net input tax credit Adjusted total turnover Refund amount (1×2÷3) 1 2 3 4 FORM-GST-RFD-01 B [See rules 91(2), 92(1), 92(3), 92(4), 92(5) and 97A] Refund Order details 1. ARN 2. GSTIN / Temporary ID 3. Legal Name 4. Filing Date 5. Reason of Refund 6. Financial Year 7. Month 8. Order No.: 9. Order issuance Date: 10. Payment Advice No.: 11. Payment Advice Date: 12. Refund Issued To : Drop down: Taxpayer / Consumer Welfare Fund 13. Issued by: 14.
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GST – States – S.O.090/P.A.5/2017/S.148/2017 – Dated:- 28-11-2017 – GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRANCH) NOTIFICATION The 28th November, 2017 No. S.O.090/P.A.5/2017/S.148/2017.-In exercise of the powers conferred by section 148 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017), and all other powers enabling him in this behalf, the Governor of Punjab, on the recommendations of the Council, is pleased to notify the registered persons having aggregate turnover of upto 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons who shall follow the special procedure as detailed below for furnishing the details of outw
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Comments are inviting on Know Your Customer (KYC) norms – Goods and Services Tax – GST – Dated:- 27-11-2017 – Circular No. /2017-Customs F.No.450/178/2015-CUS- IV Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Room No. 227B, North Block, New Delhi, dated the November, 2017 To All Principal Chief Commissioner/Chief Commissioner of Customs /Custom (Preventive), All Principal Commissioner/Commissioner of Customs / Customs (Preventive), Subject: – Know Your Customer (KYC) norms-regarding Sir /Madam, Kind reference is invited to Board s Circular Nos. 07/2015-Customs dated 12.02.2015 and 13/2016-Customs dated 26.04.2016 on the subject cited above. 2. In line with the KYC norms stipulated by the R
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ndividuals to produce present/current proof of address. For such cases, it was decided that proof of identity collected by the representative of the authorized courier at the time of delivery of such consignments to an individual consignee along with recording of address of the place where such consignments would be delivered to the consignee by the authorized courier companies, would suffice for KYC verification [Circular No. 13/2016-Customs dated 26.04.2016 refers]. In order to further simplify and clarify the procedure in this regard, Board has decided that in case of import or export through courier by an individual, Aadhaar card or passport or PAN or Driving License or Voter ID card shall suffice for KYC verification however recording
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Goods and Services Tax – Started By: – K.Srinivasan Kuppuswamy – Dated:- 27-11-2017 Last Replied Date:- 7-6-2018 – Sir,We are sending the semi finished goods for machining to job worker. After machining the job worker sends the finished goods to us. The swarf / borings generated out of machining is being sold by the job worker on payment of applicable GST.The job worker issues us the credit note for the material value sold by them on our behalf.In this context I request your valuable opinion whether the GST applicable on credit note issued by the job worker for the material value.RegardsK Srinivasan – Reply By ANITA BHADRA – The Reply = Sir , In terms of Section 143(5) of CGST Act 2017 – any waste and scrap generated during the job work may be supplied by the job worker directly from his place of business on payment of tax, if such job worker is registered, or by the principal, if the job worker is not registered In case your job worker is registered , sale of scrap will be treated as
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te, same will be against what ??? Against his job charges, not possible in present scenario. Job worker has retained money from scrap sales, if he has been authorised to make scrap sale. No need of credit note as the basic amount excluding GST can be set off against job charges receivables due. The same is treated at par with payment made by principal to jobworker. Alternatively you can raise supply invoice to job worker for supply of waste of payment of gst. practically think of entries from return perspective, impact of debit / credit note will be on your sales which may not get reconciled with sales in balance sheet. As already shared by friends, no GST but take practical view from all aspects. – Reply By K.Srinivasan Kuppuswamy – The Reply = SirWe are sending raw castings for machining After machining the borings(waste) cleared by job worker directly to the scrap vendor on payment of applicable Gst The job worker issues credit note to the principal for the scrap material valueSince
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ST for job charges. . The swarf / borings generated out of machining is being sold by the job worker on payment of applicable GST to the scrap vendorThe job worker issues us the credit note on us for the material value only without gst since already GST charged by him while removing..That credit will attract GST or not. I request your valuable opinion whether the GST applicable.RegardsK Srinivasan – Reply By Ramaswamy S – The Reply = The job work charges can be negotiated with the job worker for the net quantity and the job worker sells the scrap arising during the course of job work.The job worker pays the GST on the scrap sold by him.This will reduce unnecessary paper work and complications.RegardsS.Ramaswamy – Reply By Ganeshan Kalyani – The Reply = In my view, the job worker need not issue credit note for scrap sold by him. If even if does then in my view there is not tax applicable on such credit note. Or otherwise , as suggested by Sri Ramaswamy Sir, negotiate the job worker. – R
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Valuation of goods under GST – Goods and Services Tax – Started By: – MohanLal tiwari – Dated:- 27-11-2017 Last Replied Date:- 2-12-2017 – Dear Experts, We have an order for manufacture & supply of machinery wherein customer is providing some free issue imported spares but the custom duty and clearing charges etc are being paid by us. As per Excise valuation Rules, the landed cost of such free issue was included in assesable value. Kindly advise whether the free issue mtls value is to be included in value for charging GST. As per section 5 of IGST Act read with section 15 of the CGST Act The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for the said supply of g
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Regards – Reply By Rajagopalan Ranganathan – The Reply = Sir, As per Section 15 (2) (b) of CGST Act, 2017 the value of supply shall include any amount that the supplier is liable to pay in relation to such supply but which has been incurred by the recipient of the supply and not included in the price actually paid or payable for the goods or services or both. Value of free supply materials by the recipient of the supply is to be included in the transaction value, if the same is not included in the price. If the transaction value is already loaded with the value of free supply material no further addition is required. How can you pay custom duty and clearing charges when the materials are imported by the recipient of the supply. Please clari
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Goods and Services Tax – Started By: – Pon Ramar – Dated:- 27-11-2017 Last Replied Date:- 28-6-2018 – Sir,I do pure man power supply service to both CENTRAL and state Government. Who should pay the GST? Service provider or receiver? – Reply By KASTURI SETHI – The Reply = Servicer Provider should pay GST. – Reply By Pon Ramar – The Reply = Sir can you tell me by which act, notification number and date with full details. How much percentage should I pay? – Reply By KASTURI SETHI – The Reply = Manpower service is out of RCM after implementation of GST. – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Sl. No. 3 of Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 Pure services (excluding works contract service or other composite supplies involving supply of any goods) provided to the Central Government, State Government or Union territory or local authority or a Governmental authority by way of any activity in relation to any function entrusted to a Panchayat
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ent or any local authority in which they are engaged as public authorities, as may be notified by the Government on the recommendations of the Council, shall be treated neither as a supply of goods nor a supply of services. Services To Govt……were not exempted in erstwhile Service Tax Act, which has been recently introduced vide Notification No. 12/2017-CGST dated 28.06.17, but for Pure Services only and that too for services performed which is in relation to function entrusted to Panchayat under Article 243G of Constitution. (Specific Restriction) (Article 243G) Agriculture, including agricultural extension. Land improvement, implementation of land reforms, land consolidation and soil conservation. Minor irrigation, water management and watershed development. Animal husbandry, dairying and poultry. Fisheries. Social forestry and farm forestry. Minor forest produce. Small scale industries, including food processing industries. Khadi, village and cottage industries. Rural housing. Dr
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industrial and commercial purposes. 6. Public health, sanitation conservancy and solid waste management. 7. Fire services. 8. Urban forestry, protection of the environment and promotion of ecological aspects. 9. Safeguarding the interests of weaker sections of society, including the handicapped and mentally retarded. 10. Slum improvement and upgradation. 11. Urban poverty alleviation. 12. Provision of urban amenities and facilities such as parks, gardens, playgrounds. 13. Promotion of cultural, educational and aesthetic aspects. 14. Burials and burial grounds; cremations, cremation grounds; and electric crematoriums. 15. Cattle pounds; prevention of cruelty to animals. 16. Vital statistics including registration of births and deaths. 17. Public amenities including street lighting, parking lots, bus stops and public conveniences. 18. Regulation of slaughter houses and tanneries. CONCLUSION Lets say if Querist is into supply of Manpower to GST Office, would it get covered under Article
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eanliness of Roads, Public places is function of Municipal corporation. If the said activity is outsourced i.e. Manpower is supplied by you, then NO GST. Likewise, if Manpower supplied by your company is performing the work which MC has to execute / or is covered under Article 243W as shared earlier, GST shall be NIL. – Reply By KASTURI SETHI – The Reply = Sh.CS Sanjay Malhotra Ji, Sir,. MRI done by you. Clouds vanished. Words fail to express my thanks. – Reply By salamat shidvankar – The Reply = Dear All,thanks for sharing your expert view, i would be glad if you answer my query which is. A company registered under GST gets a contract to operate Pay and park from municipal corporation by paying a license fees as monthy compensation and allowing me to collect money from general public who uses the pay and park facility as per their Tariff defined. Municipal corporation is charging GST on License fees as per renting of immovable property. now municipal corporation is not allowing me to
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Goods and Services Tax – Started By: – Sagar Rijal – Dated:- 27-11-2017 Last Replied Date:- 2-12-2017 – How is debit note issued by the supplier treated by the receiver? Please elaborate in brief Sir. – Reply By ANITA BHADRA – The Reply = Dear Sir Supplier will indicate details of debit note in his GSTR 1 . Recipient will either accept or reject Debit note issued by the supplier in GSTR 2 It s a same way like Recipient does in case of tax invoice . Regards – Reply By Sagar Rijal – The Reply = Thank you Mam for your kind information. – Reply By Kishan Barai – The Reply = You can make it in Microsoft Excel on your own format with your company logo & address with following content. (a) name, address and Goods and Services Tax Identificati
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Goods and Services Tax – Started By: – Prakash Gupta – Dated:- 27-11-2017 Last Replied Date:- 27-11-2017 – Dear All, My company has paid commission to various foreign agents (company as well as non company) during July to October 2017. Your view is sought on applicability of GST on such payments under section 9(4) of the CGST Act. Thanking you ! – Reply By CS SANJAY MALHOTRA – The Reply = Commission paid to Agents based abroad are not subject to payment of GST, as the place of provision of serv
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Goods and Services Tax – Started By: – ajay prajapati – Dated:- 27-11-2017 Last Replied Date:- 27-11-2017 – how to calculate tax on closing stock forcomposition dealer in cmp 03… like we have item in gst rate 18%…. – Reply By ANITA BHADRA – The Reply = In my opinion ,CMP 03 – you need to indicate value of closing stock in coloum 7 & 8 respectively :- Stock of purchases from registered person Stock of purchases from unregistered person You have to give bifurcation of value & actual t
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Goods and Services Tax – GST – By: – Sanjeev Singhal – Dated:- 27-11-2017 Last Replied Date:- 28-11-2017 – Assessment of GST returns have been defined in Chapter- XII under section 59 to 64 of the CGST Act,2017. There are several types of assessment which have been categories as below: Self Assessment Provisional assessment Scrutiny of Returns Assessment of non filer of returns Assessment of unregistered person Summary assessment in certain special cases Self Assessment Every registered person shall self assess his taxable value and furnish return for each tax period under section 39 of the Act. Provisional Assessment Where the taxable person unable to determine the value of goods or services , may request to proper officer in writing to make payment of taxes on provisional basis. Payment of tax on provisional basis may be allowed if taxable person execute bond with surety or security as may be prescribed. This is required for binding the person for payment of difference of tax betwee
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rm-ASMT-04 indicating the value and rate on the basis of which assessment is to be allowed on provisional basis and the amount for which the bond to be executed. Security for the bond amount to be furnished which shall not exceed 25% of the bond amount. The registered person shall execute bond on Form- ASMT-05 along with security in the form of bank guarantee. Applicant will file Form-ASMT -08 for release of security. Scrutiny of Return The proper officer may scrutinize the return and related particulars furnished by taxable person and inform him the discrepancy if any and ask for explanation of the same. If he is satisfied with the explanation ,inform him about the same. If no satisfactory information has been furnished, proper officer may take the appropriate action including those under section 65, 66 and 67 and proceed to determine the tax under section 73 and 74. Rule -99 of CGST Rules,2017 , under the proceeding of scrutiny where proper officer ask for any discrepancy will issue
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iod and issue assessment order within period of five years due date of filing the annual return under section 44. Summary Assessment in certain special cases The proper officer on the basis of evidence showing tax liability of any taxpayer issue his notice subject to permission of Assistant Commissioner / Joint Commissioner proceed to tax the liability of such person in the interest of revenue and issue a assessment order. On application made by taxable person within 30 days from the date of receipt of order passed or on his motion , AC/JC consider that such order is erroneous may withdraw the order and follow the procedure laid u/s 73 and 74. About the Author: Author is practicing chartered accountant in Gurugram[ Haryana] and having practice in Goods and Service Tax . He can be reached at sanjeev.singhal@skaca.in. WWW. skaca.in – Reply By Ganeshan Kalyani – The Reply = Nice write up. Sir, how the department will locate the unregistered dealer to initiate assessment. May be the depar
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Goods and Services Tax – Started By: – RAMESH ANANTHAKRISHNAN – Dated:- 27-11-2017 Last Replied Date:- 27-11-2017 – Dear Sir,Our product is classified under Chapter 54. Our factory is located at Pondicherry. We would like to send material in bulk for job work at Silvasa. Once the job is over sale is made to the various customers at various places from the job worker place. We understand from the procedure that we need to inform the job work details to the jurisdictional Excise officers and send
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Goods and Services Tax – Started By: – N Balachandran – Dated:- 27-11-2017 Last Replied Date:- 2-12-2017 – Sir,We imported equipments for setting up of coke oven plant in West Bengal about 6 years back but due to environment clearance, the project could not be taken up in west bengal and moved to Orissa about 4 years back. Since no land is available in Orissa, again, we plan to move to West Bengal now for setting up the coke oven plant near Haldia. Please clarify, whether IGST is applicable whe
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Goods and Services Tax – Started By: – N Balachandran – Dated:- 27-11-2017 Last Replied Date:- 28-11-2017 – Sir, We imported equipments for setting up of coke oven plant in West Bengal about 6 years back but due to environment clearance, the project could not be taken up in west bengal and moved to Orissa about 4 years back. Since no land is available in Orissa, again, we plan to move to West Bengal now for setting up the coke oven plant near Haldia. Please clarify, whether IGST is applicable w
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Goods and Services Tax – Started By: – HIMANSHU Gupta – Dated:- 27-11-2017 Last Replied Date:- 29-11-2017 – I HV availed personal loan on credit card through Citi bank and they are charging GST on interest portion of EMI. Although GST is applicable on Bank charges but hw come is it applicable on intt portion of EMI if it is being paid on due date. Kindly guide and is there any remedy which I can take if any injustice or wrong being done on the part of bank. – Reply By ANITA BHADRA – The Reply =
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Central Excise – 1060/9/2017 – Dated:- 27-11-2017 – Circular No.1060/9/2017-CX F. No: 116/15/2017-CX-3 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, dated 27th November, 2017 To The Principal Chief Commissioner/ Chief Commissioner of GST & Central Excise (Chandigarh, Meerut, Kolkata and Shillong zone) DG, GSTI, New Delhi Subject: Procedure for manual disbursal of budgetary support under Goods and Service Tax Regime to the units located in States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim. – reg. Madam/Sir, As you are aware, under the Central Excise regime as its existed prior to 01.07.2017, the units located in the states of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim were eligible to avail exemption from payment of Central Excise duty in terms of area based exemption notifications. While ab-initio exemption was available to the units l
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nt of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry which is the administrative department for the scheme, has issued a notification dated 05.10.2017 regarding "Scheme of budgetary support under Goods and Service Tax Regime to the units located in States of Jammu & Kashmir, Uttrakhand, Himachal Pradesh and North East including Sikkim." The gazette copy of the scheme, issued on 11.10.2017, can be accessed from website www.e-gazette.nic.in under Ministry of Commerce and Industry. The new scheme is introduced as a measure of goodwill, only to the units which were eligible for availing benefits under the earlier excise duty exemption/refund schemes but has otherwise no relation to the erstwhile schemes. The scheme of budgetary support has come into operation w.e.f. 01.07.2017 for an eligible unit (as defined under para 4.1 of the scheme) and shall remain in operation for residual period (as defined in para 4.3 of the scheme) in respect of specifi
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egistered person operating under Composition Scheme under Section 10 of the Central Goods and Services Act, 2017 the amount i.e. sum total of (i) & (ii) above shall be reduced by the same percentage as is the percentage value of inputs procured under Composition scheme out of the total value of inputs. 5. The budgetary support shall be disbursed from the budgetary allocation of DIPP, which shall further allocate to PAO, CBEC for its disposal. The eligible unit is required to obtain one time registration and file an application for payment of budgetary support. The application shall be processed by the Deputy/Assistant Commissioner of the Central Taxes for sanction of the admissible amount. The sanctioned amount shall be credited into bank accounts of the beneficiaries through PFMS platform of the Central Government. 6. The claim for the quarter ending September, 2017 has already become due. In order to mitigate the difficulties of the eligible units, it has been decided that units
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ll be signed by the proprietor/partner/managing director of the eligible unit or by the person authorized by him in this behalf and supported by the self-authenticated copies of the documents in support of information as per the application. The registration under GST is a necessary pre-requisite for the scheme. (ii) In case more than one eligible unit is operating under the same GSTIN separate registration is required to be obtained for each of the eligible units. (iii) The jurisdictional Deputy Commissioner/Assistant Commissioner of the Central Taxes would examine the application in terms of the scheme as notified on the basis of documents submitted along with the application for registration. (iv) A unique ID for each of the eligible units shall be allotted after registration and ID shall be indicated in the following manner: – sl.no./ name of Central Tax Division/name of Commissionerate/GSTlN. The ID shall be endorsed on all the three copies of the application. (v) It shall be ensu
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py of Inspection report would be forwarded to the Assistant/Deputy Commissioner having jurisdiction over the eligible unit. 9. Submission of application for budgetary support by the eligible unit for quarter ending September, 2017 and its sanction (i) An eligible unit after allotment of the Unique ID may file an application for claiming budgetary support under the provisions of para 5.7 of the scheme in the format attached to this circular. The application shall be filed by the eligible unit only after return for the quarter has been filed and tax as per return is paid. (ii) Once application is filed, duly supported by the prescribed document, the same shall be processed for sanction. The claim shall be sanctioned after verification of the tax paid by the eligible unit. The details relating to tax payment in cash and input tax credit availed, utilized including purchases made from a composition dealer during the quarter shall be available in the GST returns of the taxpayer, which are a
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f additional information and the refund application the jurisdictional Deputy Commissioner/Assistant Commissioner shall ensure that budgetary support is limited to the tax paid in cash after utilization of the input tax credit on the specified goods manufactured by the eligible unit. The return filed by the unit may be covering the entire transactions taking place outside the eligible unit in the same GSTIN. (iv) Further, in cases where the other unit operating under same GSTIN, is supplying the inputs to the eligible unit as such or after manufacture , the credit availed by supplying unit on the inputs would have to be factored for determining the input tax credit of the eligible unit. The information in terms of para 5.9.2 of the scheme is required to be submitted by the eligible unit duly certified by a Chartered Accountant. The jurisdictional Deputy/Assistant Commissioner in such cases shall sanction the budgetary support after reducing input tax credit relatable to inputs used by
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eneficiaries through PFMS would be issued shortly. In the interim, trade facility may be issued to initiate the process of registration and receipt of application for payment of budgetary support for the quarter July, 2017 to September, 2017. 11. Difficulty faced, if any, in the implementation of the Circular should be brought to the notice of the Board. Hindi version will follow. Yours faithfully, (Rohan) Under Secretary CX3 Encl.: As above. Form for Registration of eligible units for budgetary support 1. GSTIN No. 2. Legal Name 3. Trade Name, if an 4. Central Excise Registration No. 5. Name of the unit 6. Address of the unit 7. State where the unit is located 8. Date of commencement of commercial production specified goods-wise 1. 2. 3 . . . . 9. Authorisation issued by the State Government, if an 10. Erstwhile Central Excise Notification under which exemption was being availed up to 30.06.2017 11. Residual Period of exemption beyond 30.06.2017 which the unit was entitled for under t
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nd 2017-18 (up to 30th June 2017) . Signature (Proprietor/MD/Partner/ Authorised Director/Authorised Signatory) Seal of the registered entity under GST Application for Budgetary Support 1. Unique ID No. 2. Legal Name 3. Trade Name, if an 4. Address of the eligible unit 5. Tax Period From (DD/MM/YY) To (DD/MM/YY) 6. Amount of Total Tax Paid during the quarter in respect of GSTIN as per the return Name of the Tax Tax Cash Credit Balance of Credit, any Total value of Taxable inputs received Total receipts from composition dealers (A) (B) (C) (D) (E) (F) (G) Central Tax State/ UT Tax Integrated Tax Cess Total Information under this column includes all the business activities of the eligible unit viz. (i) Specified goods manufactured (ii) non-specified goods manufactured (iii) Trading of goods(iv) any other activity under the same GSTIN 7. Amount of Tax Paid out of 6 above (During the quarter in respect of manufacture by the eligible unit in respect of specified goods under the same GSTIN)
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pplies = {(CGST in cash- Balance of (ITC of CGST+ITC of1GST)) * 58%) * (1- Value under(G)} / Value under (F) (b)Budgetary support in respect of inter-state supplies {(IGST in cash- Balance# of (ITC of IGST+ ITC of CGST)) * 29%) * (1- Value under(G)} / Value under (F) # Balance to be taken under (b) after excluding amount considered under (a) above (c) Total Budgetary Support (a) + (b):- 9. Value addition achieved: (refer para 5.8 of notification dated 05.10.2017) 10. Details of Bank Account (As indicated in Registration form by the eligible unit) i. Account Number ii. Name of the Bank iii. Bank Account Type iv. Name of Account Holder v. Address of Bank Branch vi. IFSC vii. MICR Declaration: (i) I hereby declare that the good(s) under the claim of budgetary support have been manufactured by the eligible unit namely, M/S…. .. . . . . . …operating at the address …….. in the State of . . ….. The goods fall in the category of specified goods defined under the scheme of budgetary s
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GST – States – F.3(17)/Fin(Rev-I)/2017-18/DS-VI/765 – Dated:- 27-11-2017 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SECRETARIAT, I.P. ESTATE, NEW DELHI – 110 002 No. F.3(17)/Fin(Rev-I)/2017-18/DS-VI/765 Dated : 27th November, 2017 NOTIFICATION The Lt. Governor of the National Capital Territory of Delhi, is pleased to nominate Sh. Vinay Kumar, Special Commissioner, DGST, as the Member of State Government In the Delhi Authority for Advance Ruling, con
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GST – States – F.2(13)/Policy-GST/2017/1130-36 – Dated:- 27-11-2017 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES GST BRANCH VYAPAR BHAWAN : I.P. ESTATE: NEW DELHI-02 No. F.2(13)/Policy-GST/2017/1130-36 Dated 27/11/2017 ORDER (Ref. Order 10/2017-GST) Subject : Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Delhi Goods and Services Tax Rules, 2017 In exercise of the powers conferred by rule 120A of the Delhi Go
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GST – States – F.2(13)/Policy-GST/2017/1123-29 – Dated:- 27-11-2017 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES GST BRANCH VYAPAR BHAWAN : I.P. ESTATE: NEW DELHI-02 No. F.2(13)/Policy-GST/2017/1123-29 Dated 27/11/2017 ORDER (Ref. Order 09/2017-GST) Subject : Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117 of the Delhi Goods and Services Tax Rules, 2017 In exercise of the powers conferred by rule 117 of the Delhi Good
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GST – States – F.2(13)/Policy-GST/2017/1116-22 – Dated:- 27-11-2017 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES GST BRANCH VYAPAR BHAWAN : I.P. ESTATE: NEW DELHI-02 No. F.2(13)/Policy-GST/2017/1116-22 Dated 27/11/2017 ORDER (Ref. Order 05/2017-GST) Subject: Extension of time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy is exercised in FORM GST CMP-03 In exercise of the powers conferr
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GST – States – 51/2017 – State Tax – Dated:- 27-11-2017 – GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P. ESTATE: NEW DELHI-110 002 No. F3(58) /Fin (Rev-I) /2017-18/DS-VI/764 Dated 27/11/2017 Notification No. 51/2017 – State Tax In exercise of the powers conferred by section 164 of the Delhi Goods and Services Tax Act, 2017 (Delhi Act 03 of 2017), the Lt. Governor of the National Capital Territory of Delhi, hereby makes the following rules further to amend the Delhi Goods and Services Tax Rules, 2017, namely:- 1. (1) These rules may be called the Delhi Goods and Services Tax (Eleventh Amendment) Rules, 2017. (2) They shall be deemed to have come into force from the 28th day of Octobe
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where the date for furnishing the details of outward supplies in FORM GSTR-1 for a tax period has been extended in exercise of the powers conferred under section 37 of the Act, the supplier shall furnish the information relating to exports as specified in Table 6A of FORM GSTR-1 after the return in FORM GSTR-3B has been furnished and the same shall be transmitted electronically by the common portal to the system designated by the Customs: Provided further that the information in Table 6A furnished under the first proviso shall be auto-drafted in FORM GSTR-1 for the said tax period.", (iv) in rule 96A. in sub-rule (2), the following provisos shall be inserted, namely:- "Provided that where the date for furnishing the details of ou
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