Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.
26/2018-GST Dated:- 29-10-2018 Assam SGST
GST – States
GOVERNMENT OF ASSAM
OFFICE OF THE COMMISSIONER OF TAXES, ASSAM KAR BHAWAN
DISPUR, GUWAHATI-6
CIRCULAR NO. 26/2018-GST
Dated Dispur the 29th October, 2018.
Subject : Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor – Reg.
No. CT/GST-15/2017/197.- Representations have been received seeking clarification on certain issues under the GST laws. The same have been examined and the clarifications on the same are as below:
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igible ITC which might be available to such taxable person.
2.
As per section 27 of the Assam Goods and Services Tax Act, 2017 (hereinafter referred to as the “said Act”), period of operation by causal taxable person is ninety days with provision for extension of same by the proper officer for a further period not exceeding ninety days. Various representations have been received for further extension of the said period beyond the period of 180 days, as mandated in law
1. It is clarified that in case of long running exhibitions (for a period more than 180 days), the taxable person cannot be treated as a CTP and thus such person would be required to obtain registration as a normal taxable person.
2. While applying for normal registration
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tained in section 20 of the Assam GST Act resulting in excess distribution of credit to one or more recipients of credit, the excess credit so distributed shall be recovered from such recipients along with interest and penalty, if any.
2. The recipient unit(s) who has received excess credit from ISD may deposit the said excess amount voluntarily along with interest, if any, by using FORM GST DRC-03.
3. If the said recipient unit(s) does not come forward voluntarily, necessary proceedings may be initiated against the said unit(s) under the provisions of section 73 or 74 of the Assam GST Act as the case may be. FORM GST DRC-07 can be used by the tax authorities in such cases.
4. It is further clarified that the ISD would also be liable to
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