Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 6-2-2019 Last Replied Date:- 6-2-2019 – Changes in CGST The following are the changes that are brought in by the Central Government through various notifications- Amendment to Notification No. 48/2017-Central Tax The Central Government, vide Notification No.01/2019-Central Tax, dated 15.01.2019 amended the Notification No. 48/2017-Central Tax, dated 18.10.2017 to amend the meaning of Advance Authorization . According to the amendment the supply of goods by a registered person against Advance Authorization is a deemed export provided- that goods so supplied, when exports have already been made after availing input tax credit on inputs used in manufacture of such exports, shall be used in manufacture and supply of taxable goods (other than nil rated or fully exempted goods) and a certificate to this effect from a chartered accountant is submitted to the jurisdictional commissioner of GST or any other officer authorized b
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planation 2 to section 140 of CGST Act. Amendment to CGST Rules, 2017 The Central Government, vide Notification No. 3/2019-Central tax, dated 29.01.2019 brings amendment to the Central Goods and Services Tax Rules, 2017. Rule 7 and 8 are amended; Rule 11 is substituted for a new provision which provides for separate registration for multiple places of businesses within a State or a Union Territory; A new Rule 21A is inserted which provides for suspension of registration; A new Rule 41A is inserted which provides for transfer of credit on obtaining separate registration for multiple places of business within a State or Union territory; Rule 42 and 43 are amended; Rule 53 is amended and a new sub rule (1A) is inserted which provides the details to be furnished in the debit/credit note; Rule 80 is amended; Rule 83 is amended sub rule (8) is substituted for a new rule which provides the activites that can be undertaken by a GST practitioner; Rule 85, 86, 89, 91, 92, 96A are amended; A new
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the preceding financial year did not exceed one crore rupees , may opt to pay, in lieu of the central tax payable by him, an amount of tax calculated at the rate specified in rule 7 of the Central Goods and Services Tax Rules, 2017. Sl. No. Category of registered persons Rate of tax (1) (2) (3) 1. Manufacturers, other than manufacturers of such goods as may be notified by the Government half per cent. of the turnover in the State or Union territory 2. Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II two and a half per cent. of the turnover in the State or Union territory 3. Any other supplier eligible for composition levy under section 10 and the provisions of this Chapter half per cent. of the turnover of taxable supplies of goods and services in the State or Union territory Amendment of Notification No. 65/2017 The Central Government, vide Notification No.06/2019-Central Tax, dated 29.01.2019 seeks to amend Notification No. 65/2017-Central Tax, dated
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ing inter-State supply of services to a registered person as the category of persons exempted from obtaining registration under the said Act. nothing contained in this notification shall apply to a job-worker – who is liable to be registered under or who opts to take registration voluntarily under of the said or who is involved in making supply of services in relation to the goods mentioned against serial number 5 in the of the This notification came in to effect from 01.02.2019. Amendment to Notification No.10/2017-IGST, The Central Government, vide Notification No.03/2019-IGST, dated 29.01.2019 amended the Notification No.10/2017-IGST, dated 13.10.2017. After amendment this Notification specifies the persons making inter-State supplies of taxable services and having an aggregate turnover, to be computed on all India basis, not exceeding an amount of twenty lakh rupees in a financial year as the category of persons exempted from obtaining registration under the said Act. The aggregate
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