Author: admin_gst

The Mizoram Goods and Services Tax (Amendment) Rules, 2017.
J.21011/1/2017-TAX/Part-II Dated:- 10-7-2017 Mizoram SGST
GST – States
Mizoram SGST
Mizoram SGST
NOTIFICATION
No.J.21011/1/2017-TAX/Part-II, the 10th July, 2017. In exercise of the powers conferred by Section 164 of the Mizoram Goods and Services Tax Act, 2017 (6 of 2017), the Governor of Mizoram, on the recommendations of the Council, hereby notifies the Mizoram goods and Services Tax (Amendment) Rules, 2017 with effect from 22nd June, 2017.
Vanlal Chhuanga,
Commr. & Secretary to the Govt. of Mizoram,
Taxation Department.
The Mizoram Goods and Services Tax Amendment Rules, 2017
In exercise of the powers conferred by section 164 of the Mizoram Goods and Service

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cation code” shall be substituted;
(d) in rule 19, in sub-rule (1), in the second proviso, for the words “the said rule”, the words, brackets and figures “sub-rule (2) of rule 8” shall be substituted;
(e) in rule 21, for clause (b), the following clauses shall be substituted, namely:-
“(b) issues invoice or bill without supply of goods or services in violation of the provisions of the Act, or the rules made thereunder; or
(c) violates the provisions of section 171 of the Act or the rules made thereunder.”;
(f) in rule 22, in sub-rule (3), the words, brackets and figure “sub-rule (1) of ” shall be omitted;
(g) in rule 24,-
(i) in sub-rule (1), the second proviso shall be omitted;
(ii) after sub-rule (3), the following sub-rule shall

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ed under the provisions of the Information Technology Act, 2000 (21 of 2000) or verified by any other mode of signature or verification as notified by the Board in this behalf.” shall be substituted;
(i) in Form GST CMP-04, in the table, for serial number 5 and the entries related thereto, the following shall be substituted, namely:-
“5. Category of Registered Person
(i) Manufacturers, other than manufacturers of such goods as may be notified by the Government
(ii) Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II
(iii) Any other supplier eligible for composition levy.”;
(j) in Form GST CMP-07, for the brackets, words and figures “[See rule 6(6)]”, the brackets, words and figures “[See rule 6(5)] shall

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Composition Scheme in GST Rates
Query (Issue) Started By: – Kishan Barai Dated:- 9-7-2017 Last Reply Date:- 10-7-2017 Goods and Services Tax – GST
Got 2 Replies
GST
what is 1%, 2% & 5% at what stage supplier have to pay in composition Scheme & what entry has to made & where ?? Please explain all 3 above rates on composition Scheme. Thank You
Reply By KASTURI SETHI:
The Reply:
1% is for dealers/retailers, 2% for manufacturers and 5% for those dealers and manufacturers who have more

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HSN CODE AND GST RATE
Query (Issue) Started By: – S.C. WADHWA Dated:- 8-7-2017 Last Reply Date:- 10-8-2017 Goods and Services Tax – GST
Got 2 Replies
GST
Dear Experts, Please refer my query ID no. 112215,112217 and 112219 for the month June 2017. Reply not received till date where as GST has already been roll out w.e.from 1.7.2017. Please give us your expert opinion regarding HSN code and GST rate immediately. REGARDS, WADHWA
Reply By KASTURI SETHI:
The Reply:
All replied issue ID

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Centre did not play big brother role in fixing GST rates: Min
GST
Dated:- 8-7-2017

Amaravati, Jul 8 (PTI) Maintaining that the Centre was not playing big brother role, Union minister Nirmala Sitharaman today suggested that any state could forego its share of GST if it wanted to lessen the tax burden.
Sitharaman, Minister of State for Commerce and Industry, made this remark referring to the agitation by Tamil Nadu film industry over the high rates of tax on cinema tickets.
"In fact, they (Tamil film industry) have no issue with the GST. It is the additional 30 per cent local bodies tax levied by the state government that they are agitated about," the minister told reporters here today.
"The Centre didn't p

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GST," she said.
Sitharaman said problems related to the implementation of GST were "largely settled" and the Centre was conducting a public interaction week across the country to enhance awareness among traders.
Replying to another question, the union minister said GST would be favourable for investments as the tax structure would be uniform across the country.
"Investors now need not worry about tax rates, say in Andhra Pradesh or Odisha. Also, they can have clear assessment of the costs (on raw materials) as there is a single tax. GST will also help exports as the logistic cost will reduce," the minister noted.
Later, she addressed traders and industry representatives to clarify doubts on GST.
News – Pres

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Goods and services tax practitioners.
Section 48
GST – States
RETURNS
Jammu and Kashmir Goods and Services Tax Act, 2017
Goods and services tax practitioners.-
48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall be such as may be prescribed.
(2) A registered person may authorize an approved goods and services tax practitioner to f

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Application of Central Goods and Services Tax Rules
Rule 2
GST
IGST Rules
Integrated Goods and Services Tax Rules, 2017
2. Application of Central Goods and Services Tax Rules.-The Central Goods and Services Tax Rules, 2017, for carrying out the provisions specified in section 20 of the Integrated Goods and Services Tax Act, 2017 shall, so far as may be, apply in relation to integrated tax as they apply in relation to central tax.
–
Statute, statutory provisions legislation, l

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Short title and commencement
Rule 1
GST
IGST Rules
Integrated Goods and Services Tax Rules, 2017
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 4/2017 – Integrated Tax
New Delhi, the 28th June, 2017
7 Ashadha, 1939 Saka
G.S.R. 699 (E).- In exercise of the powers conferred by section 22 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with section 20 of the said Act, the Central Governmen

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Adaptation of Central Goods and Services Tax Rules, 2017
Rule 2
GST
Compensation Cess Rules
Goods and Services Tax Compensation Cess Rules, 2017
2. Adaptation of Central Goods and Services Tax Rules, 2017.-(1) The Central Goods and Services Tax Rules, 2017 shall, mutatis mutandis, apply, subject to the following modifications, namely:-
(a) in rule 1,-
(i) for the words and figures “Central Goods and Services Tax Rules, 2017”, the words and figures, “Goods and Services Tax Comp

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Short title and commencement
Rule 1
GST
Compensation Cess Rules
Goods and Services Tax Compensation Cess Rules, 2017
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION NO. 2/2017-Compensation Cess
New Delhi, the 1st July, 2017
G.S.R. 820(E).- In exercise of the powers conferred by sub-section (2) of section 12, read with section 11 of the Goods and Services Tax (Compensation to the States) Act, 2017 (15 of 2017), the Central Government hereby makes the following rules, n

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Obligation to furnish information return.
Section 150
GST – States
MISCELLANEOUS
Meghalaya Goods and Services Tax Act, 2017
Obligation to furnish information return.
150. (1) Any person, being-
(a) a taxable person; or
(b) a local authority or other public body or association; or
(c) any authority of the State Government responsible for the collection of value added tax or sales tax or State excise duty or an authority of the Central Government responsible for the collection of excise duty or customs duty; or
(d) an income tax authority appointed under the provisions of the Income-tax Act, 1961; (43 of 1961) or
(e) a banking company within the meaning of clause (a) of section 45A of the Reserve Bank of India Act, 1934;

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(k) the recognised stock exchange referred to in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956; (42 of 1956) or
(l) a depository referred to in clause (e) of sub-section (1) of section 2 of the Depositories Act, 1996; (22 of 1996) or
(m) an officer of the Reserve Bank of India as constituted under section 3 of the Reserve Bank of India Act, 1934; (2 of 1934) or
(n) the Goods and Services Tax Network, a company registered under the Companies Act, 2013; (18 of 2013) or
(o) a person to whom a Unique Identity Number has been granted under sub-section (9) of section 25; or
(p) any other person as may be specified, on the recommendations of the Council, by the Government,
who is responsible for maintaining rec

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t to the person who has furnished such information return and give him an opportunity of rectifying the defect within a period of thirty days from the date of such intimation or within such further period which, on an application made in this behalf, the said authority may allow and if the defect is not rectified within the said period of thirty days or the further period so allowed, then, notwithstanding anything contained in any other provisions of this Act, such information return shall be treated as not furnished and the provisions of this Act shall apply.
(3) Where a person who is required to furnish information return has not furnished the same within the time specified in sub-section (1) or sub-section (2), the said authority may se

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Goods and services tax compliance rating.
Section 149
GST – States
MISCELLANEOUS
Meghalaya Goods and Services Tax Act, 2017
Goods and services tax compliance rating.
149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with the provisions of this Act.
(2) The goods and services tax compliance rating score may be determined on the basis of such parameters as may be prescribed.
(3) Th

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Composition Scheme in GST
Query (Issue) Started By: – Kishan Barai Dated:- 8-7-2017 Last Reply Date:- 13-7-2017 Goods and Services Tax – GST
Got 6 Replies
GST
What about minimum turn over requirement in GST for Composition Scheme ??
How to Practical apply for it , please guide step by step for gst.gov.in
Reply By KASTURI SETHI:
The Reply:
Sh.Kishan Barai Ji,
If any registered person opts for Composition Scheme, that person will pay GST from Re.one.
Regarding step by step process to be followed, it is easily available on GST sites.
Reply By Kishan Barai:
The Reply:
Thank You Sir Ji ,
But what is Min Max turnover limit for it for sale of Goods ??
Reply By KASTURI SETHI:
The Reply:
Maximum limit ₹ 75 lakhs. If the

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ition Scheme
Reply By MADAN RAHEJA:
The Reply:
The practical application of this scheme has been explained in FAQ on composition levy at CBEC website. Please visit – cbec.gov.in- home – GST – my GST for this purpose.
Reply By MARIAPPAN GOVINDARAJAN:
The Reply:
Section 10 of the CGST Act and SGST ACTprovide that the person opt for composition scheme shall pay as detailed below-
1. Manufacturers other than manufactures of such goods as may be notified by the government (ice cream, tobacco, pan masala, now notified by the Government) – CGST 1% + SGST 1% = 2%;
2. Restaurant service provider only – CGST 2.5% + SGST 2.5% = Total 5%;
3. Any other supplier eligible for composition of levy – CGST 0.5% + SGST 0.5% = 1%
Discussion Forum – K

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2,00,000 INR
Query (Issue) Started By: – Kishan Barai Dated:- 8-7-2017 Last Reply Date:- 8-7-2017 Goods and Services Tax – GST
Got 3 Replies
GST
What about 2,00,000 INR Rules you can receive from 1 Person / Company in a Month post GST??
Please elaborate
Reply By KASTURI SETHI:
The Reply:
Rs.two lakhs against supply of goods or service ? or about the provisions of Income Tax ? Pl. clarify.
Reply By Kishan Barai:
The Reply:
In Supply of Goods & Services
Reply By KASTURI SETHI:

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Concepts of GST: Registration and Migration
News and Press Release
Dated:- 8-7-2017

Click here to see PPT on GST
=============
Document 1
Concepts of GST:
Registration and Migration
Registration
Who has to register?
Turnover above 10 lakhs / 20 lakhs pa
Inter-state supplier
Required only in the state from where the supply is made
Casual & non resident taxable persons
Persons on whom there is responsibility of paying full tax under reverse charge
e.g
transport aggregator
Electronic Commerce Operator (ECO)
Agents
Aggregate Turnover
Aggregate Turnover will be computed on All-India basis for same PAN
Who do not have to register?

Person engaged exclusively in non-taxable or wholly exempt from tax

Agriculturist, in so far as supply of produce out of cultivation of land

Persons engaged exclusively in supplies which are under RCM
REGISTRATION DETAILS
Registration is
PAN based only
State wise separate registration
One per state only

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and other taxes subsumed under GST.
Work started on 8
th
Nov 2016 to migrate such taxpayers by generating
Prov
ID (PID)
One
Prov
ID is generated for a PAN in a State
Enrollment/Migration
What is to be done by Taxpayer
Taxpayer has to
Activate
Prov
ID on GST Portal and create User ID and Password of his choice
(Enrolment)
Fill part-B GSTR REG 26) and attached relevant documents (
migration)
He can start using the Provisional ID as that is also his GSTIN (GST Identification Number).
Enrollment/Migration
When will I get Provisional Certificate
We have generated Provisional Certificate for all those who have activated their Provisional ID and shared it with Taxpayers by email. This number stands at 67.11 lakhs.
Prov
Certificate is also available on the dashboard of taxpayer
What is Migration and when will I get Permanent RC?
Enrolment form has two parts. Filling up of first part makes one enrolled and generation of Provisional Certificate.
Second part has details

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ning 37 lakhs taxpayers are requested to visit the portal quickly and fill up Part-B to get Permanent Registration Certificate. We are also sending email and SMS to them.
New Registration
How to apply for registration?
On common portal
www.gst.gov.in
Part A: PAN + Mobile no. + E-mail ID
Part A
PAN
Mobile No
Email ID
CBDT database
OTP based verification
Application Reference Number
On successful
verification
New Registration
How to apply for registration?
Part B
Required documents
Acknowledgment
Application Reference Number
Deficient?
Registration Certificate
Notice
No
Yes
Within 3
working days
No action taken
New Registration
How to apply for registration?
Response – Clarification/Documents?
Deficient?
Registration Certificate
Notice
No
Yes
Within 7
working days
Rejection of Registration Application
Within 7
working days
Yes
No
No action taken
Registration
What will I get after filling up the from?
You will get ARN
The details like

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Basic Concepts of Transition & Invoice
GST
Dated:- 8-7-2017

Click here to see PPT on GST
News – Press release – PIB

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GST Ki Master Class III: Composition and record keeping
GST
Dated:- 8-7-2017

Click here to see PPT on GST
=============
Document 1
GST
Ki
Master Class III
Composition and record keeping
This class is in two parts..
PART A-Composition Scheme
What is the composition scheme
Who is eligible to avail composition scheme
Category of persons excluded from the Scheme
Composition rates and computation of tax
Procedure to be followed
Part B- Accounts and records
Accounts and records to be maintained
Period for which to be retained
Part A Composition Scheme
Composition levy is an option for specified categories of small taxpayers to pay GST at a very low rate on the basis of turnover.
Advantages
Low rate of tax
Hassel free simple procedures for such taxpayers
Simple calculation of tax based on turnover
A very simple quarterly return
Composition Scheme
The composition scheme is for
Manufacturers
(other than few notified goods)
Traders of goods
Restaurants
h

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in M P. Total turnover of two units in last FY was Rs 55 lakh. Total turnover of two units in the first quarter of this year was Rs 20 Lakh
Composition Scheme-Who is not eligible
Supplier of services except restaurants
Any person who
makes (i) a supply of non-GST goods; or (ii) an inter-state supply; or (iii) a supply that attract TCS
is engaged in manufacture of goods, namely,
ice cream, pan
masala
or tobacco and manufactured tobacco substitutes
Is a casual or a non-resident taxable person
Composition Scheme-
Conditions & restrictions
If at the time of opting for scheme he has stock of goods purchased from unregistered person he will pay the tax on such goods
Not entitled to take ITC on inputs
Pay tax on inward supply from unregistered dealers
Pay tax on supply attracting reverse charge
Shall not collect any amount as tax
Shall mention on bill of supply
“Composition taxable person, not eligible to collect tax on supplies”
Shall mention “
composit

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e
Agent to maintain records receipt and supply on behalf principal and records of authorization by the principal
A C&F agent or a carrier having custody of goods on behalf of a registered person shall maintain details of goods handled by him.
Accounts and Records-requirements
It is sufficient (
but not necessary)
to maintain accounts and records in electronic form
Records can also be maintained manually – Such records are to be kept and be accessible at related place of business.
Required to retained for six years from the due date of annual return
Commissioner may for a class of taxable persons
notify maintenance of additional documents
prescribes alternative documents, if such class is not able to maintain records as per the provisions of the Act.
Separate records for works contract ( receipt /supply /payments etc.)
Production of records on demand
Accounts and Records-requirements
Every taxable person having turnover exceeding prescribed limit shall get his acco

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Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011-23370115
GST
Dated:- 8-7-2017

It has been reported in a certain section of media that some unscrupulous elements posing as GST officers have tried to fleece the shopkeepers and customers in the name of GST. It is hereby clarified by th

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The Central Board of Excise and Customs (CBEC) takes certain initiatives for Ease of Doing Business under the GST regime; Finance Minister Shri Arun Jaitley launches a Mobile App “GST Rates Finder” to help users to find rates of GST for various goods and services
GST
Dated:- 8-7-2017

The Union Finance Minister Shri Arun Jaitley launched a mobile app “GST Rates Finder” in his chamber in the national capital yesterday which is now available on android platform and will soon be available on iOS platform as well. This Mobile app helps users to find rates of GST for various goods and services. It can be downloaded on any smart phone and can work in offline mode, once downloaded. The user can determine the GST rate for a good or

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Clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply
GST
Dated:- 8-7-2017

The Rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These Rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certificate, called Goods and Services Tax Identification Number (GSTIN), to taxpayers who have already been issued provisional ID for registration(PID) as well as to the new taxpayers.
Any person who has been granted PID and who opts for composition scheme, should submit an intimation of option in a prescribed form on GSTN on or before 21st July, 2017.
Any per

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GST Rate and HSN code
Query (Issue) Started By: – Gaurang Mewada Dated:- 8-7-2017 Last Reply Date:- 10-8-2017 Goods and Services Tax – GST
Got 2 Replies
GST
Kindly advise me HSN code and rate for Woven Fabric roll made from PP granuals which used in making of bag for Rice and grains.
Reply By KASTURI SETHI:
The Reply:
HSN code 39232100 GST Rate 18%
Reply By KIRTIKUMAR PUROHIT:
The Reply:
Please refer : 3923 – Goods and Services Tax – Rates of Tax on Goods – Schedule III 9 %. (CG

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Goods and services tax practitioners.
Section 48
GST – States
RETURNS
Meghalaya Goods and Services Tax Act, 2017
Goods and services tax practitioners.
48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall be such as may be prescribed.
(2) A registered person may authorise an approved goods and service tax practitioner to furnish the

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GST is game-changer reform, honest system: Piyush Goyal
GST
Dated:- 8-7-2017

Pune, July 7 (PTI) Describing the Goods and Services Tax (GST) as a "game-changer tax reform", Union Minister of State for Power Piyush Goyal today sought cooperation of the business community for its effective implementation.
"This is an opportunity for all of us, so forget the past things and get associated with this new game-changer tax reform which is an honest system," said Goyal,

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GST Applicablity on Contract Employee Canteen & Transport Deduction
Query (Issue) Started By: – Bhushan Velhal Dated:- 8-7-2017 Last Reply Date:- 4-1-2018 Goods and Services Tax – GST
Got 3 Replies
GST
Hi All,
We are manufacturer of Wiring Harness of Motor Vehicle. Chapter heading 85443000 Our total employee including contractual are 1000. Hence canteen facility to the workers is the statutory requirement under Section 46, of the Factories Act, 1956.
Caterer is third party who is preparing foods at his location and serves in our premises. Kindly confim on GST applicablity on Contract Employee Canteen Deduction.
Regard Bhushan
Reply By Kusalava InternationalLimited:
The Reply:
Dear Mr. Bhushan,
Supply of food for a conside

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No departture from Central Excise by Govt.
Query (Issue) Started By: – KASTURI SETHI Dated:- 8-7-2017 Last Reply Date:- 9-7-2017 Goods and Services Tax – GST
Got 2 Replies
GST
The issuance of Central Excise Rules, 2017 and Cenvat Credit Rules, 2017 vide Notification Nos.19/17-CE(NT) and 20/17-CE(NT) both dated 30.6.17 and both effective from 1.7.17 indicates that Govt.has not "bid farewell" to Central Excise and Cenvat Credit Rules. Whatever may be the purpose and reasons

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Tax on Purchases by EOU's – Additional Working Capital required to pay GST on Inputs
By: – CASeetharaman KC
Goods and Services Tax – GST
Dated:- 8-7-2017

The provisions of Section 16 of the IGST Act provides for the zero rated taxation of inputs supplied to SEZ Units whereas EOU's have been left out. The impact of such exclusion would be immense especially on the Cash flow of such units apart from the huge interest burdens on these units thereby creating a situation where their products would not be competitive to meet the challenges of the international markets.
Further Section 54 of the CGST Act, which lays down provisions relating to “Refunds”, specifies that 90 % of amount claimed would be paid immediately. When we look

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ipment credits already being enjoyed by such units from their bankers.
A simple example of an EOU doing an export of 180 crores per annum undertaking the activity of receiving and polishing Granite slabs and exporting would bring forth a situation where there is an additional cash outlay by the unit to the tune of nearly 10 crores per quarter. Assuming that the lead time from the date of purchase, processing and export and finally claiming refund would be 90 days, the EOU would have to look for funds for payment of taxes on inputs purchased over the period of 90 days.
A figurative display of the taxes which would to be funded by the EOU is as given below:
EOU Cash Flow and Interest burden after GST
Example : Export of Finished Granites

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increase in the production levels or performance levels.
Moreover, the policy that taxes should not be exported maybe accomplished by charging zero rate of tax on exports but the fact that extra taxation payments and interest thereon needs to be made to the tune of 9.56 crores (which is nearly 7 per cent of the total input cost) on inputs actually adds up to the export price of such units thus making them uncompetitive in the World market.
It is obvious that this disparity would create a lot of opportunities for countries like China where exporters are being given a lot of benefits to compete in the international markets.
It would be a great relief to such EOU's if the Government takes immediate steps to mitigate this anomaly being face

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