GST – an update as on 03-08-2019
GST
Dated:- 13-8-2019
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Document 1
GST
NATION
TAX
MARKET
GST Update
Weekly Update
03.08.2019
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AND CENTRAL
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USTOMS AN
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LEXCISE
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GOVERNMENT OF INDIA
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National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
â⬢
Background
USTOMS AN
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AND CENTRAL
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LEXCISE
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â⬢ Two Central Tax (Rate) Notifications and One Central
Tax Notification issued
One Customs Circular relating to IGST issued
FAQs on Kerala Flood Cess released by Kerala
Government
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
.
NATION
TAX
MARKET
GST Collections for July, 2019
The total gross GST revenue collected in the month of July,
2019 is
1,02,083 crore, of which –
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CUSTOMS AN
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CENTRAL
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LEXCISE
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GOVERNMENT OF INDIA
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â⬢ CGST is
.
SGST is
â⬢
IGST is
17,912 crore,
25,008 crore
50,612 crore (including 24
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80% over the revenue in the same month last year.
During April-July 2019 vis-ÃÆÂ -vis 2018, the domestic component
has grown by 9.2% while the GST on imports has come down
by 0.2% and the total collection has grown by 6.83%.
The Government has released Rs. 17,789 crore to the states as
GST compensation for the months of April-May, 2019.
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
NATION
TAX
GST
MARKET
120000
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AND CENTRAL
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USTOMS AN
GST Collections
Trends in GST Collection in Rs. Crore
GST Collection in FY 2018-19
GST Collection in FY 2019-20
115000
113865
110000
105000
103459
100000
95000
90000
85000
80000
April
94016
May
100289
95610
June
99939
96483
July
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LEXCISE
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services or both received by
them
Section 3 (7) of Customs Tariff Act, 1975 (CTA), provides for a
parity between the integrated tax rate attracted on imported
goods and the integrated tax applicable on the domestic
supplies of goods
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
.
NATION
TAX
Refunds of IGST paid on import in
MARKET case of specialized agencies (Contd)
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AND CENTRAL
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CUSTOMS
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LEXCISE
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GOVERNMENT OF INDIA
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In the case of UN and specialised agencies, the Notification
No.16/2017-Central Tax (Rate) dated 28.6.2017 (notification
No.13/2017-Central Tax (Rate) and N
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on
taxpayers for purpose of payment of tax
â⬢ GST CMP-08 is a one page statement containing the outward
supplies value, applicable tax; inward supplies with RCM and
applicable tax; Now available on GST Portal
Due date for furnishing the statement containing the details of
payment of self-assessed tax in said FORM GST CMP-08, for
the quarter April, 2019 to June, 2019, or part thereof,
Now further extended to 31st August, 2019 (Notification No.
35/2019 – Central Tax dated 29th July, 2019)
Now, Composition taxpayers are required to make quarterly
tax payment in GST CMP 08 and file GSTR-4 annually.
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
NATION
TAX
Exemption to hiring of Electric buses
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LEXCISE
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CENTRAL
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CUSTOMS
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AND
.
.
GST
MARKET
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GST rate on Electric Vehicles, and charger
MARKET or charging stations for Electric vehicles
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CUSTOMS
AND
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CENTRAL
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LEXCISE
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GOVERNMENT OF INDIA
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Notification No. 12/2019-Central Tax (Rate) dated 31st July, 2019
Exemption Notification No.1/2017-Central Tax (Rate), dated the
28th June, 2017 amended
The GST rate on all “Electric vehicles” and “Charger or charging
stations for Electric vehicles” reduced to 5%. Electric Vehicles shall
also include E-Bicycles.
In Schedule I-2.5%, following entries inserted-
â⬢ 234B: 8504 – Charger or charging station for Electrically operated
vehicles”
â⬢ 242A : 87 -Electrical
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cable w.e.f 1st August, 2019 for a period of two years
Levied under Section 14 of Kerala Finance Act, 2019. The Kerala
Flood Cess Rules published vide Notification SRO. No.359/2019
published as G.O.(P) No.80/2019/TD dated 25-05-2019.
Approved by GST Council in its 32nd Meeting
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
.
GST
NATION
TAX
FAQs on Kerala Flood Cess (Contd)
MARKET
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AND CENTRAL
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CUSTOMS
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LEXCISE
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GOVERNMENT OF INDIA
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Kerala Flood Cess is imposed @ 1% on the value of supply of
goods or services or both coming under Schedule II, III & IV of
SRO.No.360/2017 Dt.30.06.
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GOVERNMENT OF INDIA
GSTIN will be treated as Registration Number for Kerala Flood Cess.
The tax payer has to login the official website
“www.keralataxes.gov.in” to generate user ID and password. While
entering GSTIN number, one time password (OTP) will be sent to the
mobile number of authorized representative for creating used ID and
password. After login to the system, tax payers shall furnish the
details of turnover applicable for Kerala Flood Cess and make e-
Payment of Kerala Flood Cess.
The Cess will be levied only on the value of supplies made within the
state by registered dealers, (intra state supplies only) to unregistered
persons which means the levy will be only on retail transactions (B2C)
Thus, no credit is allowed on the cess paid as the same is levied on
transactions made by taxable persons to the unregistered end
consumers. B2B transactions are not covered in Kerala Flood
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s
made in furtherance of business. Supply of Goods or Services or
both made by a taxable person in the State to another taxable
person having GST Registration in the State shall be leviable to
Cess, if the supply is made not in furtherance of business.
Kerala Flood Cess is NOT applicable for supply of exempted goods
or services
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
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AND CENTRAL
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CUSTOMS
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LEXCISE
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FAQs on Kerala Flood Cess (Contd)
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GOVERNMENT OF INDIA
â⬢ Value for the purpose of KFC: Kerala Flood Cess is to be calculated
on the value of
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¤
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LEXCISE
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GOVERNMENT OF INDIA
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Composition tax payers are exempted from the levy of Kerala
Flood Cess including tax payers who have opted for composition
for service as per Section 14(1)(i) of Finance Act, 2019
Kerala Flood Cess can be collected from customers by showing
separately in the invoices.
â⬢ SGST Rule 46 (I) & (m) regarding issue of tax invoice is applicable in
the case of Kerala Flood Cess also. Hence subject to conditions
applicable to issue of invoice under the same Rule shall be
applicable to Kerala Flood Cess also. Therefore as per Rule the
Invoice shall contain details of Kerala Flood Cess like rate of tax
and amount of tax charged in respect of taxable goods or services.
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NAT
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.gov.in
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
GST Legal Updates
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AND CENTRAL
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USTOMS AN
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LEXCISE
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GOVERNMENT OF INDIA
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National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
Gujarat HC strikes down provision of
lapsing of unutilised credit on account of
inverted rate structure
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USTOMS
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AND CENTRAL
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LEXCISE
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HC strikes down provision of
lapsing of unutilised credit on account of
inverted rate structure
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AND CENTRAL
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CUSTOMS
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LEXCISE
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GOVERNMENT OF INDIA
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entitled u/s 16 of the CGST Act to claim ITC and that the CGST
Act did not enable issuing of Notfns which provided for lapse of
ITC They further claimed that powers u/s 54(3)(ii) of the CGST
Act were limited to notifying the supplies not entitled to refund
of ITC accumulated on account of the inverted rate structure &
that the Notfns exceeded the provisions of Section 54(3)(ii).
The Hon'ble High Court held as under
The CGST Act itself provides for lapse of ITC u/
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trite law that delegated
legislation must be in conformity with provisions of parent
statute. By prescribing for lapse of ITC, the Notfn No 05/2017-
CT(R) dated 28.06.2017 as amended by Notfn No 20/2018-
CT(R) dated 26.07.2018, exceeded the power delegated u/s
54(3)(ii) of the CGST Act. Therefore, proviso (ii) of the opening
paragraph of the Notfn No.05/2017-C.T. (Rate) inserted vide
Notfn No.20/2018- C.T. (Rate) is ex-facie invalid and liable to be
struck down.
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
Issuance of SCN under Section 73 sine
qua non for recovery of interest under
Section 50
LC Infra Projects Pvt Ltd Vs Uol reported in 2019-TIOL-
1660-HC-KAR-GST
Facts:
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à ¤Â
CUSTOMS AN
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CENTRAL
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non for recovery of interest under
Section 50
Facts: (Contd…)
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CUSTOMS AN
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CENTRAL
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LEXCISE
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GOVERNMENT OF INDIA
à ¤¦à ¥â⬡à ¤¶à ¤¸à ¥â⬡à ¤µà ¤¾à ¤°à ¥Âà ¤¥ à ¤â⬢à ¤°à ¤¸à ¤ââ¬Å¡Ã ¤šà ¤¯
on the unpaid tax without issuing Show Cause Notice and
thereafter, the Demand Notice has been issued claiming the tax
amount of Rs.13,63,864/- and interest amount of Rs.81,29,684/-
payable by the petitioner. The third respondent vide its letter
dated 07.05.2019 has sought for attachment of the bank account
of the petitioner. In the said background, the petitioner is before
the Karnataka High Court challenging the action of the
respondents in quantifying the interest and atta
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Undisputedly, the interest payable under
Section 50 of the Act has been determined by the third
respondent without issuing Show Cause Notice, which is in
breach of principles of natural justice. It is trite law that any
order passed by the quasi-judicial authorities in contravention
of the principles of natural justice, cannot be sustained
Similarly, after determination of the interest liable to be paid by
the petitioner, no notice has been issued before attaching the
bank account of the petitioner. There is a lapse on the part of
–
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
NATION
TAX
MARKET
Issuance of SCN under Section 73 sine
qua non for recovery of interest under
Section 50
The Hon'ble High Court held as under
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CENTRAL
LEXCISE
à ¤¶à ¥Âà ¤²à ¥Âà ¤â⬢
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CUSTOMS AN
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ithout utilisation
Commercial Steel Engg Corporation Vs State of Bihar
reported in 2019-TIOL-1585-HC-PATNA-GST
Facts:
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AND CENTRAL
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à ¤¶à ¥Âà ¤²à ¥Âà ¤â⬢ à ¤Âà ¤µà ¤ââ¬Å¡
USTOMS
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LEXCISE
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GOVERNMENT OF INDIA
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à ¤¦à ¥â⬡à ¤¶à ¤¸à ¥â⬡à ¤µà ¤¾à ¤°à ¥Âà ¤¥ à ¤â⬢à ¤°à ¤¸à ¤ââ¬Å¡Ã ¤šà ¤¯
Bihar Goods and Services Tax Act, 2017. Petitioner seeks for
issuance of a writ in the nature of certiorari for quashing of the
order passed by respondent as being illegal and without
jurisdiction in terms of s.73(1) of the Act and to restrain the
respondent from taking any coercive action against petitioner
for recovery of said demand contained in the impugned order
dated 06.11.2018.
National Academy of Customs, Indirect Taxes and Narcotics
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ion of the credit. Assistant Commissioner of State Taxes
has somewhere got confused to treat the transitional credit
claimed by the dealer as an availment of the said credit when in
fact an availment of a credit is a positive act and unless carried
out for reducing any tax liability by its reflection in the return
filed for any financial year, it cannot be a case of either availment
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
NATION
TAX
GST
MARKET
Patna High Court sets aside recovery of
interest on account of mere availment of
ITC without utilisation
The Hon'ble High Court held as under
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AND CENTRAL
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USTOMS
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LEXCISE
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GOVERNMENT OF INDIA
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TC without utilisation
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GOVERNMENT OF INDIA
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The Hon'ble High Court held as under
demonstrate that any tax was recoverable from the petitioner, a
reflection in the electronic credit ledger cannot be treated as an
'availment. Annexure 2 series confirms that the petitioner has
an input tax credit in his favour under the Value Added Tax Act
and the Entry Tax Act. Whether he is entitled for refund of this
credit or entitled to carry it forward in the transitional credit,
may be a subject matter of proceeding pending before the
statutory authority but nonetheless, it is definitel
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c ledger on its own is not sufficient to draw penal
proceedings until the same or any portion thereof, is put to use
so as to become recoverable. Order dated 6.11.2018 passed by
the respondent no.3, the Assistant Commissioner of State Taxes
in purported exercise of power vested in him under section 73
of 'the BGST Act' is held per se illegal and an abuse of the
statutory jurisdiction and is accordingly quashed and set aside.
Petition allowed.
National Academy of Customs, Indirect Taxes and Narcotics (NACIN)
GST
.
.
NATION
TAX
MARKET
Any ISSUES/ queries?
https://cbec-gst.gov.in/
CBEC MITRA HELPDESK
1800 1200 232
cbecmitra.helpdesk@icegate.gov.in
GSTN Help Desk
.
https://selfservice.gstsystem.in/ – Grievance redressal
portal
Help Desk Number: 0120-4888999
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USTOMS AN
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LEXCISE
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