Author: admin_gst

Can a principal send inputs and capital goods directly to the premises of job worker without bringing it to his premises?
Question 5
Bill
Job Work
Faq On GST (2nd Edition) Dated 31.3.2017
Q 5. Can a principal send inputs and capital goods directly to the premises of job worker without bringing it to his premises?
Ans. Yes, the principal is allowed to do so. The input tax credit of tax paid on inputs or capital goods can also be availed by the principal in such a scenario. The

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Whether the goods of principal directly supplied from the job worker’s premises will be included in the aggregate turnover of the job worker?
Question 4
Bill
Job Work
Faq On GST (2nd Edition) Dated 31.3.2017
Q 4. Whether the goods of principal directly supplied from the job worker's premises will be included in the aggregate turnover of the job worker?
Ans. No. It will be included in the aggregate turnover of the principal. However, the value of goods or services used by the

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Is a job worker required to take registration?
Question 3
Bill
Job Work
Faq On GST (2nd Edition) Dated 31.3.2017
Q 3. Is a job worker required to take registration?
Ans. Yes, as job

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Whether goods sent by a taxable person to a job worker will be treated as supply and liable to GST? Why?
Question 2
Bill
Job Work
Faq On GST (2nd Edition) Dated 31.3.2017
Q 2. Whether goods sent by a taxable person to a job worker will be treated as supply and liable to GST? Why?
Ans. It will be treated as a supply as supply includes all forms of supply such as sale, transfer, etc. However, the registered taxable person (the principal), under intimation and subject to such con

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What is job work?
Question 1
Bill
Job Work
Faq On GST (2nd Edition) Dated 31.3.2017
9. Job Work
Q 1. Q 1. What is job work?
Ans. Job work means undertaking any treatment or process by a person on goods belonging to another registered taxable person. The person who is treating or processing the goods belonging to other person is called 'job worker' and the person to whom the goods belongs is called 'principal'.
This definition is much wider than the one given in Notification

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Are there any additional powers to tax officers available?
Question 17
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 17. Are there any additional powers to tax officers available?
Ans. Any authority not below the rank of Deputy Commissioner may issue a notice to the electronic operator to furnish specified details within a period of 15 working days from the date of service of such notice.
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Statute, statutory provisions legislation, law, enactment,

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What will happen if the details remain mismatched?
Question 16
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 16. What will happen if the details remain mismatched?
Ans. The value of a supply relating to any payment in respect of which any discrepancy is communicated and which is not rectified by the supplier in his valid return for the month in which discrepancy is communicated shall be added to the output liability of the said supplier, for the calendar

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What is the concept of matching in e-commerce provisions and how it is going to work?
Question 15
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 15. What is the concept of matching in e-commerce provisions and how it is going to work?
Ans. The details of supplies and the amount collected during a calendar month, and furnished by every operator in his statement will be matched with the corresponding details of outward supplies furnished by the concerned su

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Is the e-commerce operator required to submit any statement? What are the details that are required to be submitted in the statement?
Question 14
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 14. Is the e-commerce operator required to submit any statement? What are the details that are required to be submitted in the statement?
Ans. Yes, every operator is required to furnish a statement, electronically, containing the details of outward supplies of goods

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How can actual suppliers claim credit of this TCS?
Question 13
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 13. How can actual suppliers claim credit of this TCS?
Ans. The amount of TCS deposited by the operator with the appropriate government will be reflected in the cash ledger of the actual registered supplier (on whose account such collection has been made) on the basis of the statement filed by the operator. The same can be used at the time of disc

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What is the time within which such TCS is to be remitted by the e-commerce operator to Government account?
Question 12
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 12. What is the time within which such TCS is to be remitted by the e-commerce operator to Government account?
Ans. The amount collected by the operator is to be paid to appropriate government within 10 days after the end of the month in which amount was so collected.
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At what time should the e-commerce operator make such collection?
Question 11
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 11. At what time should the e-commer

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Is every e-commerce operator required to collect tax on behalf of actual supplier?
Question 10
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 10. Is every e-commerce operator required to collect tax on behalf of actual supplier?
Ans. Yes, every e-commerce operator is required to collect tax where consideration with respect to the supply is being collected by the e-commerce operator.
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Statute, statutory provisions legislation, law, enactment, Acts, R

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What is meant by “net value of taxable supplies”?
Question 9
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 9. What is meant by “net value of taxable supplies”?
Ans. The “net value of taxable supplies” means the aggregate value of taxable supplies of goods or services or both, other than the services on which entire tax is payable by the e-commerce operator, made during any month by all registered persons through such operator reduced by the aggregate

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It is very common that customers of ecommerce companies return goods. How these returns are going to be adjusted?
Question 8
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 8. It is very common that customers of ecommerce companies return goods. How these returns are going to be adjusted?
Ans. An e-commerce company is required to collect tax only on the net value of taxable supplies. In other words, value of the supplies which are returned are adjusted in

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What is Tax Collection at Source (TCS)?
Question 7
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 7. What is Tax Collection at Source (TCS)?
Ans. The e-commerce operator is required to collect an amount calculated at the rate not exceeding one percent of the net value of taxable supplies made through it, where the consideration with respect to such supplies is to be collected by such operator. The amount so collected is called as Tax Collection at Source

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Will threshold exemption be available to electronic commerce operators liable to pay tax on notified services?
Question 6
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 6. Will threshold exemption be available to electronic commerce operators liable to pay tax on notified services?
Ans. No. Threshold exemption is not available to ecommerce operator who are require to pay tax on notified services provided through them.
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Statute, statutory provisions

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Will an e-commerce operator be liable to pay tax in respect of supply of goods or services made through it, instead of actual supplier?
Question 5
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 5. Will an e-commerce operator be liable to pay tax in respect of supply of goods or services made through it, instead of actual supplier?
Ans. Yes, but only in case of certain notified services. In such cases tax shall be paid by the electronic commerce operator i

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Whether a supplier of goods or services supplying through e-commerce operator would be entitled to threshold exemption?
Question 4
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 4. Whether a supplier of goods or services supplying through e-commerce operator would be entitled to threshold exemption?
Ans. No. The threshold exemption is not available to such suppliers and they would be liable to be registered irrespective of the value of supply made by them

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Is it mandatory for e-commerce operator to obtain registration?
Question 3
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 3. Is it mandatory for e-commerce operator to obtain registration?
Ans. Yes. The benefit of threshold exemption is not available to e-commerce operators and they would be liable to be registered irrespective of the value of supply made by them.
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Statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations,

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Who is an e-commerce operator?
Question 2
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
Q 2. Who is an e-commerce operator?
Ans. Electronic Commerce Operator ha

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What is Electronic Commerce?
Question 1
Bill
Electronic Commerce
Faq On GST (2nd Edition) Dated 31.3.2017
8. Electronic Commerce
Q 1. What is Electronic Commerce?
Ans. Electronic

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Is the pre-registration of credit card necessary in the GSTN portal for the GST payment?
Question 28
Bill
GST Payment of Tax
Faq On GST (2nd Edition) Dated 31.3.2017
Q 28. Is the pre-registration of credit card necessary in the GSTN portal for the GST payment?
Ans. Yes. The taxpayer would be required to pre-register his credit card, from which the tax payment is intended, with the Common Portal maintained on GSTN. GSTN may also attempt to put in a system with banks in getting

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What does the expression “Net value of taxable supplies” mean?
Question 27
Bill
GST Payment of Tax
Faq On GST (2nd Edition) Dated 31.3.2017
Q 27. What does the expression “Net value of taxable supplies” mean?
Ans. The expression “net value of taxable supplies” means the aggregate value of taxable supplies of goods or services, other than services notified under Section 9(5), made during any month by all registered taxable persons through the operator reduced by the aggreg

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What is Tax Collected at Source (TCS)?
Question 26
Bill
GST Payment of Tax
Faq On GST (2nd Edition) Dated 31.3.2017
Q 26. What is Tax Collected at Source (TCS)?
Ans. This provision is applicable only for E-Commerce Operator under section 52 of CGST/SGST Act. Every ECommerce Operator, not being an agent, needs to withhold an amount calculated at the rate not exceeding one percent of the “net value of taxable supplies” made through it where the consideration with respect to suc

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