Customs – Continuation of pre-GST rates of Rebate of State Levies (RoSL) for transition period of three months i.e. 1.7.2017 to 30.9.2017 for Export of Garments and textile made-up articles – Circular – TMI Updates – Highlights
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Payment of GST against outward supplies of July 17 – Goods and Services Tax – Started By: – MohanLal tiwari – Dated:- 10-8-2017 Last Replied Date:- 11-8-2017 – As per yesterday's GSTN webinar, transitional credit will be available for July only after filing trans forms and not through GSTR-3b. Since GSTR-1 & 2 is not yet uploaded on GST portal, while consulting with the local GST authority, they are asking for payment of total payable GST of July in cash without adjusting ITC for the month and Cenvat carried forward. Kindly advise for payment of GST for the month of July after adjusting ITC & cenvat. – Reply By PAWANKUMAR GARG – The Reply = AS PER LAW GST WOULD BE PAYABLE FOR THE MONTH OF JULY AND NO ITC BROUGHT FORWARD WILL BE
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ave any other option except for going to court of justice. – Reply By MohanLal tiwari – The Reply = I do agree with opinion of Kalyani Ji but how far it is acceptable to deptt for utilizing ITC without filing of GSTR-1, 2 & 3.. – Reply By KIRTIKUMAR PUROHIT – The Reply = I do agree with Mohanlal Tiwariji, but Due to non providing TRANS-1 in Common Portal By Authority its not fault of GST Reg. Person why we bare this but we are help less YOU CAN FILE PIL TO HIGH COURT TO GET OUR RIGHT. – Reply By Ramaswamy S – The Reply = Had discussed the issue with the AC of GST yesterday. Am told by the officer that they have taken up the matter with GST and he expects the clarification would come before filing GSTR 3B. Regards S,Ramaswamy – Discussio
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GST – States – Levy of VAT or GST on Supply of goods / works contract – where work was started before 1.7.2017 or contract was entered into prior to 1.7.2017 – Time of supply – A Clarification – TMI Updates – Highlights
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Goods and Services Tax – Switching between the composition scheme and normal scheme of payment of tax – When opted for the Composition scheme, ITC on Capital Goods need to be reversed upto 5 years, th
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Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 10-8-2017 Last Replied Date:- 11-8-2017 – Dear Experts, An educational institution(Service recipient) registered u/s 12AA of the IT act, received the services in the form of seminor on training from the registerant of GST. In such case, Does institute registered u/s 12AA is liable to pay gst on the tax invoice raised by the service provider ? – Reply By KASTURI SETHI – The Reply = Under Notification No.12/17-Central Tax Rate dared 28.6.17 exemption from GST is to Service Provider registered under Section 12 AA of the Income Tax Act. Moreover, Commercial coaching or training service is not under RCM. Seminsrs are under this category. – Reply By RameshBabu Kari – The Reply = De
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Goods and Services Tax – Switching from normal payment of tax composition scheme – Whether the assessee is liable to reverse Input Tax Credit (ITC) on inputs or capital goods held in stock? How to cal
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Goods and Services Tax – Switching from composition scheme to normal scheme of payment of tax – Whether the assessee is eligible to avail Input Tax Credit (ITC) on inputs or capital goods held in stock? – TMI Updates – Highlights
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Presentations on GST – Transitional Provisions – Goods and Services Tax – GST – Dated:- 10-8-2017 – Presentations on GST – Transitional Provisions – News – Press release
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Presentations on GST – Payments – News and Press Release – Dated:- 10-8-2017 – Presentations on GST – Payments – News – Press release
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Presentations on GST – Return – Goods and Services Tax – GST – Dated:- 10-8-2017 – Presentations on GST – Return – News – Press release
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Presentations on GST – Registration – Goods and Services Tax – GST – Dated:- 10-8-2017 – Presentations on GST – Registration – News – Press release
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Presentation on TDS (Tax Deduction at Source) – Goods and Services Tax – GST – Dated:- 10-8-2017 – Presentation on TDS (Tax Deduction at Source) – News – Press release
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Goods and Services Tax – Started By: – BHARATH RAJ – Dated:- 10-8-2017 Last Replied Date:- 11-8-2017 – Hi ,1.How GST applicable on Labour Charges (Service).2.How will IGST applicable on Service & Sales made to an interstate customer which service & sales rendered in service provider state.Please Answer me.Regards,Bharath. – Reply By Ganeshan Kalyani – The Reply = Manpower supply service is not covered under reverse charge. Hence the supplier of such service is liable to pay GST. However
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GST – GST Law and Procedure – 254 – Benefit to small and medium taxable persons except service provider A taxpayer would be required to comply with the detailed procedural task including accounting and paper work which may involve heavy compliance cost. It may be possible that Small / medium taxable persons do not have sufficient knowledge and expertise to comply with the requirements relating to records, accounts filing of detailed monthly returns. Hence, a simplified, though limited, composition scheme has been provided under section 10 of CGST Act. Eligibility A registered person, whose aggregate turnover in the preceding financial year did not exceed 75 lakh rupees. In case of Uttarakhand and Jammu & Kashmir also, the turnover limi
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(1) of CGST Act and rule 7 of CGST Rules, 2017]- Sl. No. Category of registered persons Rate of tax CGST+SGST (1) (2) (3) 1. Manufacturers, other than manufacturers of such goods as may be notified by the Government 1% + 1% = 2% 2. Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II 2.5% + 2.5% = 5% 3. Any other supplier eligible for composition levy under section 10 and the provisions of this Chapter 0.5% + 0.5% = 1% Meaning of 'manufacturer' As per section 2(72) of CGST Act, "Manufacture" means processing of raw material or inputs in any manner that results in emergence of a new product having a distinct name, character and use and the term "manufacturer" shall be construed accordi
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c) he is not engaged in making any inter-State outward supplies of goods; (d) he is not engaged in making any supply of goods through an electronic commerce operator who is required to collect tax at source under section 52; and (e) he is not a manufacturer of such goods as may be notified by the Government on the recommendations of the Council: In addition Rule 5 provides various conditions and restriction for availing benefit of composition scheme. Various aspects of the Scheme The scheme is optional. The option under the Scheme will be Lapsed if the aggregate turnover during the financial year exceeds the turnover of ₹ 75 Lakhs / 50 Lakhs as the case may be. All registered taxable persons having same PAN number should opt for the c
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Goods and Services Tax – Started By: – Yatin Bhopi – Dated:- 10-8-2017 Last Replied Date:- 11-8-2017 – Dear expert We are manufacturer and regularly import our raw materials. IGST paid goods on which bill of entry is received and goods laying at port or warehouse outside factory whether eligible to avail Input tax credit as per Section 16 (2) (b) and will be treated as receipt of goods? – Reply By Ganeshan Kalyani – The Reply = When you clear the goods from the customs import duty is payable. –
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Goods and Services Tax – Started By: – THYAGARAJAN KALYANASUNDARAM – Dated:- 10-8-2017 Last Replied Date:- 10-8-2017 – Dear expert, One of my client is paying tax under composition levy under earlier regime, based on which we have opted composition levy under new regime without getting confirmation from the client due to short of time. Whereas the client charging tax under regular scheme and collects the tax. Now we would like to withdraw the scheme from appointed day. But how to withdraw, ther
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GST – States – Memo No. 1698/ST-2, – Dated:- 10-8-2017 – From Excise & Taxation Commissioner Haryana, Panchkula. To All Dy. Excise & Taxation Commissioners (.,ST), in the State of Haryana. Memo No. 1698/ST-2, Panchkula, dated the 10.08.2017 Subject:- Guidelines to complete proceedings for grant of Registration Certificate under HGST Act, 2017. On the captioned subject, please find enclosed herewith guidelines to complete the proceedings for grant Of Registration Certificate under HGST Act, 2017. The above guidelines must be brought to the notice Of the officers/officials working under your jurisdiction and control and be followed in true letter and spirit. Addl. Excise & Taxation Commissioner (GST), for Excise Taxation Commissi
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on Inspector should record the reasons of getting registration, type of business, stocks of raw, semi finished or finished goods, verity the documents submitted/uploaded or get any other document, if required. 5. He shall verify documents related to solvency, credentials, genuineness of the person and his business. 6. Photo and exact location Of the business premises shall also be taken & uploaded. 7. Taxation Inspector shall upload inspection report in form REG-30 within 15 days from the date of inspection. 8. On the report of Taxation Inspector, the Proper Officer of the ward shall confirm the approval of registration certificate or initiate action for cancellation of approved registration certificate by issuing a notice. Timeline for
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GST – States – G.O. (Ms) No. 091 – Dated:- 10-8-2017 – COMMERCIAL TAXES AND REGISTRATION (B1) DEPARTMENT G.O. (Ms) No. 91 Dated: 10.8.2017 Aadi-25 Thiruvalluvar Aandu, 2048 ANNEXURE. NOTIFICATION. No.SRO A-38(a)/2017. In exercise of the powers conferred by section 164 of the Tamil Nadu Goods and Services Tax Act, 2017 (Tamil Nadu Act 19 of 2017), the Governor of Tamil Nadu hereby makes the following rules to amend the Tamil Nadu Goods and Services Tax Rules, 2017, namely: – 1. These rules may be called the Tamil Nadu Goods and Services Tax (Amendment) Rules, 2017. 2. In the Tamil Nadu Goods and Services Tax Rules, 2017, (i) in rule 10, with effect from 29th June, 2017, in sub-rule (4), the word either shall be omitted; (ii) in rule 24, with effect from 29th July, 2017, in sub-rule (4), for the words within a period of thirty days from the appointed day , the words and figures on or before 30th September, 2017 shall be substituted; (iii) for rule 34, with effect from 27th July, 2017, t
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shall be substituted; (v) in rule 46, with effect from 27th July, 2017, for the third proviso, the following proviso shall be substituted, namely:- Provided also that in the case of the export of goods or services, the invoice shall carry an endorsement SUPPLY MEANT FOR EXPORT/SUPPLY TO SEZ UNIT OR SEZ DEVELOPER FOR AUTHORISED OPERATIONS ON PAYMENT OF INTEGRATED TAX or SUPPLY MEANT FOR EXPORT/SUPPLY TO SEZ UNIT OR SEZ DEVELOPER FOR AUTHORISED OPERATIONS UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED TAX , as the case may be, and shall, in lieu of the details specified in clause (e), contain the following details, namely,- (i) name and address of the recipient; (ii) address of delivery; and (iii) name of the country of destination: ; (vi) in rule 61, with effect from 29th June, 2017, for sub-rule (5), the following sub-rules shall be substituted, namely:- (5) Where the time limit for furnishing of details in FORM GSTR-1 under section 37 and in FORM GSTR-2 under secti
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credit in FORM GSTR-3 exceeds the amount of input tax credit in terms of FORM GSTR-3B, the additional amount shall be credited to the electronic credit ledger of the registered person. ; (vii) in rule 83, with effect from 29th June, 2017, in sub-rule (3), in the second proviso, for the word sub-section , the word sub-rule shall be substituted; (viii) in rule 89, with effect from 29th June, 2017, in sub-rule (4), in clause (E), for the word sub-section , the word clause shall be substituted; (ix) in rule 96, with effect from 29th June, 2017,- (a) in sub-rule (1), in clause (b), and (b) in sub-rule (3), after the words, figures and letters FORM GSTR 3 , the words and figures or FORM GSTR-3B, as the case may be; shall be inserted; (x) in rule 119, with effect from 29th June, 2017,- (a) in the heading, for the word agent , the word jobworker/agent shall be substituted; (b) for the expression sub-section (14) of section 142 , the expression section 141 or sub-section (14) of section 142 sha
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of goods, from whose custody such goods or things are seized, the custody of such goods or things for safe upkeep and the said person shall not remove, part with, or otherwise deal with the goods or things except with the previous permission of such officer. (4) Where it is not practicable to seize any such goods, the proper officer or the authorised officer may serve on the owner or the custodian of the goods, an order of prohibition in FORM GST INS-03 that he shall not remove, part with, or otherwise deal with the goods except with the previous permission of such officer. (5) The officer seizing the goods, documents, books or things shall prepare an inventory of such goods or documents or books or things containing, inter alia, description, quantity or unit, make, mark or model, where applicable, and get it signed by the person from whom such goods or documents or books or things are seized. 140. Bond and security for release of seized goods.- (1)The seized goods may be released on
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uivalent to the market price of such goods or things or the amount of tax, interest and penalty that is or may become payable by the taxable person, whichever is lower, such goods or, as the case may be, things shall be released forthwith, by an order in FORM GST INS-05, on proof of payment. (2) Where the taxable person fails to pay the amount referred to in sub-rule (1) in respect of the said goods or things, the Commissioner may dispose of such goods or things and the amount realized thereby shall be adjusted against the tax, interest, penalty, or any other amount payable in respect of such goods or things. CHAPTER – XVIII DEMANDS AND RECOVERY 142. Notice and order for demand of amounts payable under the Act.- (1) The proper officer shall serve, along with the (a) notice under sub-section (1) of section 73 or sub-section (1) of section 74 or sub-section (2) of section 76, a summary thereof electronically in FORM GST DRC-01, (b) statement under sub-section (3) of section 73 or sub-sec
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an order in FORM GST DRC-05 concluding the proceedings in respect of the said notice. (4) The representation referred to in sub-section (9) of section 73 or sub-section (9) of section 74 or sub-section (3) of section 76 shall be in FORM GST DRC-06. (5) A summary of the order issued under sub-section (9) of section 73 or sub-section (9) of section 74 or sub-section (3) of section 76 shall be uploaded electronically in FORM GST DRC-07, specifying therein the amount of tax, interest and penalty payable by the person chargeable with tax. (6) The order referred to in sub-rule (5) shall be treated as the notice for recovery. (7) Any rectification of the order, in accordance with the provisions of section 161, shall be made by the proper officer in FORM GST DRC-08. 143. Recovery by deduction from any money owed.- Where any amount payable by a person (hereafter referred to in this rule as the defaulter ) to the Government under any of the provisions of the Act or the rules made thereunder is n
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ay be required for recovering the amount payable along with the administrative expenditure incurred on the recovery process. (2) The said goods shall be sold through a process of auction, including e-auction, for which a notice shall be issued in FORM GST DRC-10 clearly indicating the goods to be sold and the purpose of sale. (3) The last day for submission of bid or the date of auction shall not be earlier than fifteen days from the date of issue of the notice referred to in sub-rule (2): Provided that where the goods are of perishable or hazardous nature or where the expenses of keeping them in custody are likely to exceed their value, the proper officer may sell them forthwith. (4) The proper officer may specify the amount of pre-bid deposit to be furnished in the manner specified by such officer, to make the bidders eligible to participate in the auction, which may be returned to the unsuccessful bidders, forfeited in case the successful bidder fails to make the payment of the full
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this rule as the third person ), a notice in FORM GST DRC-13 directing him to deposit the amount specified in the notice. (2) Where the third person makes the payment of the amount specified in the notice issued under sub-rule (1), the proper officer shall issue a certificate in FORM GST DRC-14 to the third person clearly indicating the details of the liability so discharged. 146. Recovery through execution of a decree, etc.- Where any amount is payable to the defaulter in the execution of a decree of a civil court for the payment of money or for sale in the enforcement of a mortgage or charge, the proper officer shall send a request in FORM GST DRC- 15 to the said court and the court shall, subject to the provisions of the Code of Civil Procedure, 1908 (5 of 1908), execute the attached decree, and credit the net proceeds for settlement of the amount recoverable. 147. Recovery by sale of movable or immovable property.- (1) The proper officer shall prepare a list of movable and immovabl
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aint under sub-rule (1) is- (a) an immovable property, the order of attachment or distraint shall be affixed on the said property and shall remain affixed till the confirmation of sale; (b) a movable property, the proper officer shall seize the said property in accordance with the provisions of chapter XIV of the Act and the custody of the said property shall either be taken by the proper officer himself or an officer authorised by him. (4) The property attached or distrained shall be sold through auction, including e-auction, for which a notice shall be issued in FORM GST DRC- 17 clearly indicating the property to be sold and the purpose of sale. (5) Notwithstanding anything contained in the provision of this Chapter, where the property to be sold is a negotiable instrument or a share in a corporation, the proper officer may, instead of selling it by public auction, sell such instrument or a share through a broker and the said broker shall deposit to the Government so much of the proc
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or distraint of any property on the ground that such property is not liable to such attachment or distraint, the proper officer shall investigate the claim or objection and may postpone the sale for such time as he may deem fit. (9) The person making the claim or objection must adduce evidence to show that on the date of the order issued under sub-rule (1) he had some interest in, or was in possession of, the property in question under attachment or distraint. (10) Where, upon investigation, the proper officer is satisfied that, for the reason stated in the claim or objection, such property was not, on the said date, in the possession of the defaulter or of any other person on his behalf or that, being in the possession of the defaulter on the said date, it was in his possession, not on his own account or as his own property, but on account of or in trust for any other person, or partly on his own account and partly on account of some other person, the proper officer shall make an orde
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such bidder: Provided that where the highest bid is made by more than one person and one of them is a co-owner of the property, he shall be deemed to be the successful bidder. (13) Any amount, including stamp duty, tax or fee payable in respect of the transfer of the property specified in subrule (12), shall be paid to the Government by the person to whom the title in such property is transferred. (14) Where the defaulter pays the amount under recovery, including any expenses incurred on the process of recovery, before the issue of the notice under sub-rule (4), the proper officer shall cancel the process of auction and release the goods. (15) The proper officer shall cancel the process and proceed for re-auction where no bid is received or the auction is considered to be non-competitive due to lack of adequate participation or due to low bids. 148. Prohibition against bidding or purchase by officer.- No officer or other person having any duty to perform in connection with any sale un
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ourt shall be attached by a written order in FORM GST DRC-16 prohibiting.- (a) in the case of a debt, the creditor from recovering the debt and the debtor from making paymen thereof until the receipt of a further order from the proper officer; (b) in the case of a share, the person in whose name the share may be standing from transferring the same or receiving any dividend thereon; (c) in the case of any other movable property, the person in possession of the same from giving it to the defaulter. (2) A copy of such order shall be affixed on some conspicuous part of the office of the proper officer, and another copy shall be sent, in the case of debt, to the debtor, and in the case of shares, to the registered address of the corporation and in the case of other movable property, to the person in possession of the same. (3) A debtor, prohibited under clause (a) of sub-rule (1), may pay the amount of his debt to the proper officer, and such payment shall be deemed as paid to the defaulter
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e of such interest or such other order as the circumstances of the case may require. (2) The other partners shall be at liberty at any time to redeem the interest charged or, in the case of a sale being directed, to purchase the same. 154. Disposal of proceeds of sale of goods and movable or immovable property.- The amounts so realised from the sale of goods, movable or immovable property, for the recovery of dues from a defaulter shall,- (a) first, be appropriated against the administrative cost of the recovery process; (b) next, be appropriated against the amount to be recovered; (c) next, be appropriated against any other amount due from the defaulter under the Act or the Central Goods and Services Tax Act, 2017 or the Integrated Goods and Services Tax Act, 2017 or the Union Territory Goods and Services Tax Act or any of the State Goods and Services Tax Act, 2017 and the rules made thereunder; and (d) any balance, be paid to the defaulter. 155. Recovery through land revenue authorit
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aulter. 158. Payment of tax and other amounts in instalments.- (1) On an application filed electronically by a taxable person, in FORM GST DRC- 20,seeking extension of time for the payment of taxes or any amount due under the Act or for allowing payment of such taxes or amount in instalments in accordance with the provisions of section 80, the Commissioner shall call for a report from the jurisdictional officer about the financial ability of the taxable person to pay the said amount. (2) Upon consideration of the request of the taxable person and the report of the jurisdictional officer, the Commissioner may issue an order in FORM GST DRC- 21 allowing the taxable person further time to make payment and/or to pay the amount in such monthly instalments, not exceeding twenty-four, as he may deem fit. (3) The facility referred to in sub-rule (2) shall not be allowed where- (a) the taxable person has already defaulted on the payment of any amount under the Act or the Central Goods and Servi
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erned Revenue Authority or Transport Authority or any such Authority to place encumbrance on the said movable or immovable property, which shall be removed only on the written instructions from the Commissioner to that effect. (3) Where the property attached is of perishable or hazardous nature, and if the taxable person pays an amount equivalent to the market price of such property or the amount that is or may become payable by the taxable person, whichever is lower, then such property shall be released forthwith, by an order in FORM GST DRC-23, on proof of payment. (4) Where the taxable person fails to pay the amount referred to in sub-rule (3) in respect of the said property of perishable or hazardous nature, the Commissioner may dispose of such property and the amount realized thereby shall be adjusted against the tax, interest, penalty, fee or any other amount payable by the taxable person. (5) Any person whose property is attached may, within seven days of the attachment under su
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r before or after the institution of prosecution, make an application under sub-section (1) of section 138 in FORM GST CPD-01 to the Commissioner for compounding of an offence. (2) On receipt of the application, the Commissioner shall call for a report from the concerned officer with reference to the particulars furnished in the application, or any other information, which may be considered relevant for the examination of such application. (3) The Commissioner, after taking into account the contents of the said application, may, by order in FORM GST CPD-02, on being satisfied that the applicant has co-operated in the proceedings before him and has made full and true disclosure of facts relating to the case, allow the application indicating the compounding amount and grant him immunity from prosecution or reject such application within ninety days of the receipt of the application. (4) The application shall not be decided under sub-rule (3) without affording an opportunity of being hear
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that appears to have been committed by him in connection with the compounding proceedings and the provisions the Act shall apply as if no such immunity had been granted. ; (xii) in FORM GST REG-13, with effect from 29th June, 2017, in PART-B, for serial numbers 7, 8, 9, 11 , the serial numbers 5,6,7,8 shall be substituted; (xiii) in FORM GST REG-28, with effect from 29th June, 2017, for the brackets, words and figures [See rule 4(3)] , the brackets, words and figures [See rule 24(3)] shall be substituted; (xiv) in FORM GSTR-1, with effect from 29th June, 2017, in serial number 11, for the words, figures and brackets Amendment of information furnished in Table No.11[1] in GSTR-1 statement for earlier tax periods [Furnish revised information] , the words, figures and brackets II. Amendment of information furnished in Table No.11[1] in GSTR-1 statement for earlier tax periods [Furnish revised information] shall be substituted; (xv) in FORM GST TRAN-1, with effect from 29th June, 2017, in
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Customs – 44/2017 – Dated:- 10-8-2017 – OFFICE OF THE COMMISSIONER Or CUSTOMS, NEW CUSTOM HOUSE, KANDLA-37O 210 Phone No. 02836-271468/469, Fax No.02836-271467 F. No. S/20-07/AG/GST/17-18 Dated: 10/08/2017 Public Notice No. 44/2017 Subject: Leviability of Integrated Goods and Service Tax (IGST) on High Sea Sales of imported goods and point of collection thereof -reg. Attention of the Trade is invited to Board s Circular No. 33/2017- Customs issued vide F. No. 450/131/2017-Cus-IV dated 01.08.2017. 2. The issue has been examined in the Board High Sea Sales is a common trade practice whereby the original importer sells the goods to a third person before the goods are entered for customs clearance. After the High Sea Sale of the goods, the Cus
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lso separately under section 5 of the Integrated Goods and Service tax Act, 2017. 4. GST council has deliberated the levy of Integrated Goods and Service Tax . on high sea sales in the case of imported goods. The council has decided that IGST on high sea sale (5) transactions of imported goods, whether one or multiple, shall be levied and collected only at the time of importation i.e. when the import declaration are filed before the Customs authority for the customs clearance purposes for the first time. Further, value addition accruing in each such high sea sale shall form part of the value on which IGST is collected at the time of clearance. 5. The above decision of the GST council is already envisioned in the provisions of su
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GST – States – 69/ST-2 – Dated:- 10-8-2017 – HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT Notification The 10th August, 2017 No. 69/ST-2.- In exercise of the powers conferred by sub-rule (5) of rule 61 of the Haryana Goods and Services Tax Rules, 2017, read with Section 168 of the Haryana Goods and Services Tax Act, 2017 (19 of 2017), the Commissioner of State tax, Haryana on the recommendations of the Council, specifies that the return for the month as specified in column (2) of the Table
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GST – States – 68/ST-2 – Dated:- 10-8-2017 – HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT Notification The 10th August, 2017 No.68/ST-2.- I, Ashima Brar, Excise & Taxation Commissioner, Haryana in my capacity as the Commissioner of State Tax, Haryana hereby, notify, the offices of Deputy Excise & Taxation Commissioners in every district and the Sub-Offices at Ambala City (Ambala), Shahbad Markanda (Kurukshetra), Narwana (Jind), Dabwali (Sirsa), Tohana (Fatehabad), Hansi (Hisar), Ch
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GST – States – 05/10/2017-FD(TAX) – Dated:- 10-8-2017 – GOVERNMENT OF MANIPUR SECRETARIAT: FINANCE DEPARTMENT (EXPENDITURE SECTION) Imphal, the 10th August, 2017 No. 05/10/2017-FD(TAX): In exercise of the powers conferred by section 164 of the Manipur Goods and Services Tax Act, 2017 (3 of 2017), the State Government hereby makes the following rules further to amend the Manipur Goods and Services Tax Rules, 2017, namely:- (1) These rules may be called the Manipur Goods and Services Tax (Third Amendment) Rules, 2017. (2) Save as otherwise provided, they shall come into force on the date of publication in the Official Gazette. 2. In the Manipur Goods and Services Tax Rules, 2017, (i) in rule 24, with effect from 22nd July, 2017, in sub-rule
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f time of supply of such services in terms of section 13 of the Act. ; (iii) in rule 46. for the third proviso, the following proviso shall be substituted, namely:- Provided also that in the case of the export of goods or services, the invoice shall endorsement SUPPLY MEANT FOR EXPORT'SUPPLY TO SEZ UNIT OR SEZ DEVELOPER FOR AUTHORISED OPERATIONS ON PAYMENT OF INTEGRATED TAX or SUPPLY MEANT FOR EXPORT/SUPPLY TO SEZ UNIT OR SEZ LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED TAX ; as the case may be, and shall, in lieu of the details specified in clause (e), contain the following details, namely,- (i) name and address of the recipient; (ii) address of delivery; and (iii) name of the country of destination: ; (v) in rule 61, with effec
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ed on other liabilities of preceding tax periods and PART B of the said return shall be electronically generated on the basis of the return in FORM GSTR-3B furnished in respect of the tax period; (b) the registered person shall modify Part B of the return in FORM GSTR-3 based on the discrepancies, if any, between the return in FORM GSTR-3B and the return in FORM GSTR-3 and discharge his tax and other liabilities, if any; (c) where the amount of input tax credit in FORM GSTR-3 exceeds the amount of input tax credit in terms of FORM GSTR-3B, the additional amount shall be credited to the electronic credit ledger of the registered person. ; (vi) in rule 83, with effect from 1st July 2017, in sub-rule (3), in the second proviso, for the word su
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Goods and Services Tax – Started By: – Ganeshan Kalyani – Dated:- 9-8-2017 Last Replied Date:- 11-8-2017 – Amid pressure from some states, the GST Council will soon start publishing rates of various products to prod companies to pass on gains, including those from input tax credit. To begin with, 150 items will be taken up. It will have a detailed explanation of previous taxes and prices as well as new prices after GST. It will also explain the price differential between the two tax regimes, said an official who did not wish to be identified. – Reply By Ganeshan Kalyani – The Reply = More items would be added once the campaign with 150 products takes off.Another officer said, This will only be illustrative. While the government had discuss
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e Centre.There were some ministers who wanted to let companies decide on pricing, at least in the short term, arguing that it will be against the spirit of empowering businesses and making life simpler. What they want is price control, which will result in inspector raj, said a source.. – Reply By Ganeshan Kalyani – The Reply = Already, officers in states such as Maharashtra and Tamil Nadu seem to have jumped the gun and shot off letters seeking details of price changes, while others such as Andhra Pradesh and Puducherry have limited themselves to phone calls. Durables and FMCG players as well as fast food chains have received enquiries regarding prices, which are not permitted – Reply By Ganeshan Kalyani – The Reply = GST Council finalised
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es) will not be available. Isn t sir? – Reply By Arunachalam siva – The Reply = As per erstwhile law, credit on material(Ms channels, Ms beams and angles) used for making structural support(fixed with earth) to machinery/equipment was not available. But as per sec 17(d) of CGST act and explanation provided at end of sec 17, ITC is available on materials (Ms channels, Ms beams and angles) used for such structural support. Is this correct sir? – Reply By Arunachalam siva – The Reply = What is Tax treatment/procedure for Removal of used goods purchased prior to GST? – Reply By Arunachalam siva – The Reply = Sir, What is procedure under GST law for sending Machinery/equipment outside the factory for any work(repair, rewinding etc)?. As per erst
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Goods and Services Tax – Started By: – THYAGARAJAN KALYANASUNDARAM – Dated:- 9-8-2017 Last Replied Date:- 11-8-2017 – Dear sir, What Is the rate of tax for tea and coffee supply by the vendor to our employees regularly. And if they don't charge, then is there any RCM to be paid? And what rate. Thanks in advance. – Reply By KASTURI SETHI – The Reply = Has vendor crossed threshold exemption of Rd.20 lakhs ? You are not responsible for vendor' s GST liability. No RCM is applicable here. –
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Goods and Services Tax – Started By: – pawan kumar – Dated:- 9-8-2017 Last Replied Date:- 10-8-2017 – if pathpedhi (Credit Co operative Society) paid commission to their agent. in this case can credit cooperative society paid agent gst on RCM basis on commission amount . or agent have to take gst registration.Agent means who collect money from client and deposit it into client account in credit co operative society. for this service society paid commission to their agent. can society paid gst o
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