Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.
GST Circular No. 12/2018 Dated:- 30-10-2018 Rajasthan SGST
GST – States
GOVERNMENT OF RAJASTHAN
COMMERCIAL TAX DEPARTMENT
F.17(134)ACCT/GST/2017/3966
Date: 30.10.2018
GST Circular No. 12/2018
All Joint Commissioner (Adm.),
Commercial Taxes Department,
………………………………………………
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.
Representation
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sthan 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.
2. It is accordingly clarified that the amount of advance tax which a casual taxable person is required to deposit while obtaining registration should be calculated after considering the due eligible ITC which might be available to such taxable person.
1. It is clarified that in case of long running exhibitions (for a period more than 180 days), the taxable pers
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ed in section 20 of the RGST Act.
1. According to Section 21 of the RGST Act where the ISD distributes the credit in contravention of the provisions contained in section 20 of the RGST 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 have 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 RGST Act as the cas
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