Goods and Services Tax

GST – States – 50/2017-State Tax – Dated:- 24-10-2017 – FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 24th October 2017 NOTIFICATION Notification No. 50/2017-State Tax No. MGST-1017/C.R.192/Taxation-1.-In exercise of the powers conferred by section 128 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereinafter referred to as the said Act ), the Government of Maharashtra, on the recommendations of the Council, hereby w

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GST – States – FA-3-77/2017-1-V-(140) – Dated:- 24-10-2017 – Commercial Tax Department Mantralya, Vallabh Bhawan, Bhopal Bhopal, the 24th October 2017 No. FA-3-77/2017-1-V-(140). In exercise of the powers conferred by Section 128 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the State Government, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all registered persons who failed to furnish the return in Form GS

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GST – States – 50/2017-State Tax – Dated:- 24-10-2017 – NOTIFICATION FINANCE DEPARTMENT Sachivalaya, Gandhinagar Notification No. 50/2017-State Tax Dated the 24th October, 2017 No. (GHN-115)GST-2017/S.128(2)-TH:-In exercise of the powers conferred by section 128 of the Gujarat Goods and Services Tax Act, 2017 (Guj. 25 of 2017), the Government of Gujarat, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all registered persons who fai

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waives the late fee payable under section 47 for all registered persons who failed to furnish the return in FORM GSTR-3B. – GST – States – S.O. 255. – Dated:- 24-10-2017 – Bihar Government Commercial Tax Department Notification The 24th October 2017 S.O. 255. dated 24th October 2017- In exercise of the powers conferred by section 128 of the Bihar Goods and Service Tax Act, 2017 (12 of 2017), the Governor of Bihar, on the recommendations of the Council, hereby waives the late fee payable under se

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GST – States – F.No.12(56)FD/Tax/2017-127 – Dated:- 24-10-2017 – GOVERNMENT OF RAJASTHAN FINANCE DEPARTMENT (TAX DIVISION) NOTIFICATION Jaipur, dated: October 24, 2017 In exercise of the powers conferred by section 128 of the Rajasthan Goods and Services Tax Act, 2017 (Act No. 9 of 2017), the State Government, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all registered persons who failed to furnish the return in FORM GSTR-3B for

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GST – 17/2017 – Dated:- 24-10-2017 – MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 17/2017-Union Territory Tax New Delhi, the 24th October, 2017 G.S.R. 1328(E).-In exercise of the powers conferred by sub-section (1) and sub-section (3) of Section 22 read with section 21 of the Union Territory Goods and Services Tax Act, 2017 (No. 14 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notify that subject to prov

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GST – 50/2017 – Dated:- 24-10-2017 – Superseded vide Notification No. 76/2018-Central Tax dated 31-12-2018 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 50/2017 – Central Tax New Delhi, the 24th October, 2017 G.S.R. 1326 (E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby waives the late fee

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Goods and Services Tax – States has no power to detain the goods in movement in the course of interstate since the central government has not notified the documents that have to be carried by a transp

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Goods and Services Tax – GST – By: – CA.VINOD CHAURASIA – Dated:- 23-10-2017 – An easy understanding of The Insolvency & Bankruptcy code 2016 Introduction: The Insolvency and Bankruptcy Code, 2016 (the Code ) passed by the Lok Sabha on 5th May 2016 seeks to provide a framework for time-bound settlement of insolvency by formulating a survival mechanism or by ensuring speedy liquidation through a formal insolvency resolution process ( IRP ). According to World Bank data, the average amount of time required to resolve insolvency is just over 4 years in India. The proposed law aims to increase confidence for creditors in the Indian market. The past regime The Code has amended the existing laws governing bankruptcy and liquidation in India which inter alia include the Companies Act, 2013, the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Sick Industrial Companies Act, 1985 and the Recovery of Debt Due to Banks and Financial In

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ion process (IRP) of individuals and partnership firms. Any person aggrieved by the order of DRT may appeal to the Debt Recovery Appellate Tribunal (DRAT). The National Company Law Tribunal (the NCLT ) have jurisdiction over the corporate insolvency resolution process (CIRP) for companies and Limited Liability Partnerships. Any person aggrieved by the order of the NCLT may appeal to NCLAT within 30 days of the order. An appeal from the order of the respective appellate tribunals may be filed before the Supreme Court of India. The insolvency resolution process The Code provides for separate IRPs for individuals and companies. The insolvency resolution process can be initiated by either debtors, or creditors. Individuals In case of individuals, the Code provides for two different methods for solving disputes, namely: • a fresh start; and • insolvency resolution process (IRP). Under the fresh start process, an individual will be eligible for a debt waiver of up to INR 35000 on f

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be binding or it may reject the plan. Liquidation can be initiated, inter alia in the following cases: • on the expiry of maximum period permitted for IRP; • on rejection of the resolution plan by the adjudicating authority; or • in the event a committee of creditors decide to liquidate. If the process cannot be resolved within the 180-day period mentioned above (or as extended) the assets of the company may be sold to repay the creditors. The Code further makes provision for a fast track insolvency process for companies with smaller operations. The process will have to be completed within 90 days from the insolvency commencement date unless extended for a further period of 45 days with the approval of 75% of creditors. Liquidation In relation to corporate entities, the Code provides for an order of priority for distribution of assets during liquidation, set out in Section 53 (Distribution of assets) of Chapter III (Liquidation Process) of Part II (Insolvency Resolution

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valued transactions, the adjudicating authority may declare such transactions to be void and reverse the effect of such transactions. Penalties The Code provides penalties for offences committed by a corporate entity under corporate insolvency. Officers of the company can be penalized for not declaring assets and property owned by it or for willfully concealing any property. In such cases, the officer shall be penalized with imprisonment of up to 5 (five) years or with a fine of up to INR 1 crore or both. However, he shall not be punished if it is proved that he had no intent to defraud. The Code also penalizes individuals for offences including the provision of incorrect information and the punishment will vary based on the offence committed by an individual. For the majority of the offences, the fine is specified to be up to INR 500000 or imprisonment for up to 1 year or both. Fund The Code provides for the creation of the Insolvency and Bankruptcy Fund with amounts contributed from

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onalize the processes and procedures for bankruptcy and insolvency and improve the recovery rates of debt and increase creditor confidence in India. It should hopefully go some way to address the rights of lenders to enforce security in a distress situation and bring down the rate of non-performing loans. However, it should be noted that the orders from the NCLT and the DRT could be further challenged before the respective appellate tribunals and then before the Supreme Court of India. Much work will need to be done to make the work of IPs coherent under the regulatory authority of the Board. Arguably, the penalties for not declaring assets are not stringent enough (and we assume that those penalties will fall under the amounts owed to the government in the insolvency waterfall). Generally, the provisions for appeals could prove to be a setback for the effective implementation for insolvency resolution. With avenues for appeals and disputes, it remains to be seen to what extent IPs can

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GST – States – SRO 447 – Dated:- 23-10-2017 – Government of Jammu and Kashmir Finance Department Civil Secretariat, Srinagar Notification Srinagar, the 23th October, 2017 SRO 447 – In exercise of the powers conferred by section 109 of the Jammu and Kashmir Goods and Services Tax Act, 2017 (Act No V of 2017), the Government hereby constitute the Jammu and Kashmir Goods and Services Tax Appellate Tribunal for hearing appeals against the orders passed by the Appellate Authority or the Revisional A

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GST – States – SRO 444 – Dated:- 23-10-2017 – Government of Jammu and Kashmir Finance Department Civil Secretariat, Srinagar Notification Srinagar, the 23th October, 2017 SRO 444.- In exercise of the powers conferred by section 164 of the Jammu and Kashmir Goods and Services Tax Act, 2017 (Act NO.V of 2017), the Government on the recommendation of the council hereby direct that following amendment shall be made in the Jammu and Kashmir Goods and Services Tax Rules, 2017, namely:- (i) in rule 89, in sub-rule (1), for third proviso, thereto the following proviso shall be substituted, namely:- "Provided also that in respect of supplies regarded as deemed exports, the application may be filed by, (a) the recipient of deemed export supplie

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any Integrated tax and cess involved in credit note, if any Net Integrated tax and cess (6+7+10 – 11) No. Date Value Taxable value Amt. No. Date 1 2 3 4 5 6 7 8 9 10 11 12 ; (b) for Statement-4 , the following Statement shall be substituted, namely:- Statement-4 [rule 89(2)(d) and 89(2)(e)] Refund Type: On account of supplies made to SEZ unit or SEZ Developer (on payment of tax) (Amount in Rs.) GSTIN of recipient Invoice details Shipping bill/Bill of export/Endorsed invoice by SEZ Integrated Tax Cess Integrated tax and cess involved in debit note, if any Integrated tax and cess involved in credit note, if any Net Integrated tax and cess (8+9+10- 11) No. Date Value No. Date Taxable Value Amt. 1 2 3 4 5 6 7 8 9 10 11 12 . This notification s

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GST – States – J.21011/1/2017-TAX/Vol-II/Part(i) – Dated:- 23-10-2017 – GOVERNMENT OF MIZORAM TAXATION DEPARTMENT … NOTIFICATION No.J.21011/1/2017-TAX/Vol-II/Part(i), the 23rd October, 2017. In exercise of the powers conferred by section 164 of the Mizoram Goods and Services Tax Act, 2017 (6 of 2017), the Governor of Mizoram hereby makes the following rules further to amend the Mizoram Goods and Services Tax Rules, 2017, namely: 1. These rules may be called the Mizoram Goods and Services Tax (Eighth Amendment) Rules, 2017. 2. In the Mizoram Goods and Services Tax Rules, 2017:- (i) in rule 24, in sub-rule (4), for the figures, letters and word, 30th September , the figures, letters and word 31st October shall be substituted; (ii) in rule

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GST – States – J.21011/1/2017-TAX/Vol-II/Part – Dated:- 23-10-2017 – GOVERNMENT OF MIZORAM TAXATION DEPARTMENT … NOTIFICATION No. No.J.21011/1/2017-TAX/Vol-II/Part, the 23rd October, 2017. In exercise of the powers conferred by section 164 of the Mizoram Goods and Services Tax Act, 2017 (6 of 2017), the Governor of Mizoram, hereby makes the following rules further to amend the Mizoram Goods and Services Tax Rules, 2017, namely :- (1) These rules may be called the Mizoram Goods and Services Tax (Seventh Amendment) Rules, 2017. (2) Save as otherwise provided in these rules, they shall come into force on the date of their publication in the Official Gazette. 2. In the Mizoram Goods and Services Tax Rules, 2017, (hereinafter referred to as t

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e. Provided that the said persons shall not be allowed to furnish the declaration in FORM GST TRAN – 1 after the statment in FORM GST ITC-03 has been furnished. ; (ii) in sub-rule (5), after the words, brackets and figure or sub-rule (3) , the words, brackets, figure and letter or sub-rule (3A) shall be inserted: 3. In the principal rules, after rule 120, the following rule shall be inserted, namely:- 120A. Every registered person who has submitted a declaration electronically in FORM GST TRAN-I within the time period specified in rule 117, rule, 118, rule 119 and rule 120 may revise such declaration once and submit the revised declaration in FORM GST TRAN I electronically on the common portal within the time period specified in the said ru

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rule, the expression handicraft goods has the Taxation Department, notification No. J.21011/1/2017-TAX/Vol-I/Pt(i) dated 3rd October, 2017. 5. In the principal rules, with effect from the 1st day of July, 2017, in FORM GST TRAN-I , (i) in Serial No.5(a), in the heading, after the words, figures and brackets Section 140(1) , the words, figures, brackets and letter , Section 140(4) (a) and Section 140(9) shall be inserted; (ii) in Serial No. 7(a), in the table, in Serial No. 7A, in the heading, after the word invoces , the words, brackets and letters (including Credit Transfer Document (CTD) shall be inserted; (iii) after the words Designation/Status , the following shall be inserted, namely:- Instructions: 1. Central Tax credit in terms of

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GST – States – G.O. (Ms) No. 146 – Dated:- 23-10-2017 – COMMERCIAL TAXES AND REGISTRATION (B1) DEPARTMENT G.O. (Ms) No. 146 Dated: 23.10.2017 Aippasi- 06 Thiruvalluvar Aandu, 2048 NOTIFICATION In exercise of the powers conferred by sub-section (1) of section 11 of the Tamil Nadu Goods and Services Tax Act, 2017 (Tamil Nadu Act 19 of 2017), (hereafter in this notification referred to as "the said Act"), the Governor of Tamil Nadu, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-State supply of taxable goods (hereafter in this notification referred to as "the said goods&qu

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in respect of the said goods in the shipping bill or bill of export, as the case may be; (iv) the registered recipient shall be registered with an Export Promotion Council or a Commodity Board recognised by the Department of Commerce; (v) the registered recipient shall place an order on registered supplier for procuring goods at concessional rate and a copy of the same shall also be provided to the jurisdictional tax officer of the registered supplier; (vi) the registered recipient shall move the said goods from place of registered supplier – (a) directly to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; or (b) directly t

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ods in the registered warehouse from the warehouse operator and the endorsed tax invoice and the acknowledgment of the warehouse operator shall be provided to the registered supplier as well as to the jurisdictional tax officer of such supplier; and (ix) when goods have been exported, the registered recipient shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) and tax invoice of the registered supplier along with proof of export general manifest or export report having been filed to the registered supplier as well as jurisdictional tax officer of such supplier. 2. The registered supplier shall not be eligible for the above mentioned exemption

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GST – States – NI.-2-1530/XI-9(15)/17 – Dated:- 23-10-2017 – Uttar Pradesh Shasan Sansthagat Vitta, Kar Evam Nibandhan Anubhag -2 NOTIFICATION KA.NI.-2-1530/XI-9(15)/17-U.P.Act- 1-2017-Order-(61)-2017 Lucknow : Dated : October, 23, 2017 In exercise of the power conferred by sub-section (1) of section 6 of the Uttar Pradesh Goods and Services Tax Act, 2017 (U.P. Act no. 1 of 2017) (hereafter in this notification referred to as "Uttar Pradesh GST Act"), read with section 21 of the Uttar Pradesh General Clauses Act, 1904 U.P. Act no. 1 of 1904), the Governor on the recommendations ol' the Council, is pleased to hereby specify that the officers appointed under the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter i

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GST – States – NI.-2-1531/XI-9(42)/17 – Dated:- 23-10-2017 – Uttar Pradesh Shasan Sansthagat Vitta, Kar Evam Nibandhan Anubhag -2 NOTIFICATION KA.NI.-2-1531/XI-9(42)/17-U.P.GST Rules 2017-Order-(62)-2017 Lucknow : Dated : October, 23, 2017 In exercise of the powers conferred by section 164 of the Uttar Pradesh Goods and Services Tax Act, 2017 (U.P. Act no. 1 of 2017), read with section 21 of the Uttar Pradesh General Clauses Act, 1904 (U.P. Act no. 1 of 1904) the Governor is pleased to make the following rules with a view to amending the Uttar Pradesh Goods and Services Tax Rules, 2017: – THE UTTAR PRADESH GOODS AND SERVICES TAX (SIXTH AMENDMENT) RULES, 2017 1. Short title and commencement (1) These rules may be called the Uttar Pradesh Go

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les, in rule 119- for the words ninety days of the appointed day , the words and figures the period specified in rule 117 or such further period as extended by the Commissioner shall be substituted; 5. Amendment of rule 120 In the said rules, in rule 120,- for the words ninety days of the appointed day , the words and figures the period specified in rule 117 or such further period as extended by the Commissioner shall be substituted; 6. Amendment of rule 120A In the said rules, in rule 120A, in the margin the words, letters and figures Revision of declaration in Form GST TRAN-1 shall be inserted; 7. Amendment of form GST REG-29 In the said rules, in FORM GST REG-29, (a) for the heading, APPLICATION FOR CANCELATION OF PROVISIONAL REGISTRATIO

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GST – States – 08/2017-GST – Dated:- 23-10-2017 – GOVERNMENT OF ASSAM ORDERS BY THE COMMISSIONER OF STATE TAX, ASSAM KAR BHAWAN, DISPUR, GUWAHAT1-6 ORDER No. 8/2017-GST Dated Dispur, the 23rd October, 2017. Subject: Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Assam Goods and Services Tax Rules, 2017. No. CT/GST-12/2017/34.- In exercise of the powers conferred by rule 120A of the Assam Goods and Services Tax Rules, 2017, the Commissioner, on t

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GST – States – F.NO.FIN/TAX/MISC/1/98 (Pt) – Dated:- 23-10-2017 – GOVERNMENT OF NAGALAND FINANCEDEPARTMENT (REVENUE BRANCH) NOTIFICATION Dated: 23rd October 2017. NO.FIN/TAX/MISC/1/98(Pt) : In exercise of powers conferred by sub-rule (2) of rule 123 of the Nagaland Goods and Services Tax Rules, 2017, the Governor of Nagaland is pleased to constitute the Screening Committee on Anti-profiteering under GST for the State of Nagaland consisting of the following officers, namely:- (1) Shri. K. Ashi K

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GST – 40/2017 – Dated:- 23-10-2017 – Government of India Ministry of Finance Department of Revenue Notification No. 40/2017-Union Territory Tax (Rate) New Delhi, the 23rd October, 2017 G.S.R.1322(E).- In exercise of the powers conferred by sub-section (1) of section 8 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017) (hereafter in this notification referred to as the said Act ), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-State supply of taxable goods (hereafter in this notification referred to as the said goods ) by a registered supplier to a registered recipient for export, from so much of the Union terr

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rt, as the case may be; (iv) the registered recipient shall be registered with an Export Promotion Council or a Commodity Board recognised by the Department of Commerce; (v) the registered recipient shall place an order on registered supplier for procuring goods at concessional rate and a copy of the same shall also be provided to the jurisdictional tax officer of the registered supplier; (vi) the registered recipient shall move the said goods from place of registered supplier – (a) directly to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; or (b) directly to a registered warehouse from where the said goods shall be move to the Port, Inland Container Deport, Airport or Land C

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be provided to the registered supplier as well as to the jurisdictional tax officer of such supplier; and (ix) when goods have been exported, the registered recipient shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) and tax invoice of the registered supplier along with proof of export general manifest or export report having been filed to the registered supplier as well as jurisdictional tax officer of such supplier. 2. The registered supplier shall not be eligible for the above mentioned exemption if the registered recipient fails to export the said goods within a period of ninety days from the date of issue of tax invoice. [F. No. 354/117/2017-TRU (Pt. III)]

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GST – 41/2017 – Dated:- 23-10-2017 – Government of India Ministry of Finance Department of Revenue Notification No. 41/2017-Integrated Tax (Rate) New Delhi, the 23rd October, 2017 G.S.R.1321(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), (hereafter in this notification referred to as the said Act ), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the inter-State supply of taxable goods (hereafter in this notification referred to as the said goods ) by a registered supplier to a registered recipient for export, from so much of the integrated tax levi

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(iv) the registered recipient shall be registered with an Export Promotion Council or a Commodity Board recognised by the Department of Commerce; (v) the registered recipient shall place an order on registered supplier for procuring goods at concessional rate and a copy of the same shall also be provided to the jurisdictional tax officer of the registered supplier; (vi) the registered recipient shall move the said goods from place of registered supplier – (a) directly to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; or (b) directly to a registered warehouse from where the said goods shall be move to the Port, Inland Container Deport, Airport or Land Customs Station from whe

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istered supplier as well as to the jurisdictional tax officer of such supplier; and (ix) when goods have been exported, the registered recipient shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) and tax invoice of the registered supplier along with proof of export general manifest or export report having been filed to the registered supplier as well as jurisdictional tax officer of such supplier. 2. The registered supplier shall not be eligible for the above mentioned exemption if the registered recipient fails to export the said goods within a period of ninety days from the date of issue of tax invoice. [F. No. 354/117/2017-TRU (Pt. III)] (Ruchi Bisht) Under Sec

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GST – 40/2017 – Dated:- 23-10-2017 – Government of India Ministry of Finance Department of Revenue Notification No. 40/2017-Central Tax (Rate) New Delhi, the 23rd October, 2017 G.S.R. 1320 (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act ), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-State supply of taxable goods (hereafter in this notification referred to as the said goods ) by a registered supplier to a registered recipient for export, from so much of the central tax leviable th

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th an Export Promotion Council or a Commodity Board recognised by the Department of Commerce; (v) the registered recipient shall place an order on registered supplier for procuring goods at concessional rate and a copy of the same shall also be provided to the jurisdictional tax officer of the registered supplier; (vi) the registered recipient shall move the said goods from place of registered supplier – (a) directly to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; or (b) directly to a registered warehouse from where the said goods shall be move to the Port, Inland Container Deport, Airport or Land Customs Station from where the said goods are to be exported; (vii) if the re

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officer of such supplier; and (ix) when goods have been exported, the registered recipient shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) and tax invoice of the registered supplier along with proof of export general manifest or export report having been filed to the registered supplier as well as jurisdictional tax officer of such supplier. 2. The registered supplier shall not be eligible for the above mentioned exemption if the registered recipient fails to export the said goods within a period of ninety days from the date of issue of tax invoice. [F. No. 354/117/2017-TRU (Pt. III)] (Ruchi Bisht) Under Secretary to the Government of India – Notification – Ci

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Goods and Services Tax – Started By: – CAPurnima Bothra – Dated:- 22-10-2017 Last Replied Date:- 23-10-2017 – As per time of supply provisions in case of reverse charge, the time of supply for services shall be the earliest of the following dates-(a) the date of payment OR(b) the date immediately after sixty days from the date of issue of the invoice by the supplier.Now RCM is suspended w.e.f.13th Oct.I have received an invoice date 10th August.Time of supply triggers on 9th Oct.So am I supposed to pay GST under RCM on the same.If yes by when?request you to throw some light on this topic. – Reply By Rajagopalan Ranganathan – The Reply = Madam, According to Section 12 (3) of CGST Act, 2017- In case of supplies in respect of which tax is pai

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Goods and Services Tax – Started By: – CAPurnima Bothra – Dated:- 22-10-2017 Last Replied Date:- 23-10-2017 – As per GST notification, single consolidated self-invoice can be issued at the month end for supplies received from unregistered suppliers.Hence, I asked all my clients to prepare the single self-invoice and pay GST under RCM accordingly.But now in the offline utility of GSTR-2, they are asking supplier wise detail in case of unregistered supply. Mentioned below is the screenshot of the same.Now does this mean I have to issue self-invoice for each n every unregistered purchase.how is it possible in case of small exp like tea/stationery?Request you to provide some solution. Supplier Name Invoice Number Invoice date Invoice Value Pla

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time of making payment to the supplier. Except these provisions, there is no provision to issue single consolidated self-invoice. Please check up the provisions of law. – Reply By CAPurnima Bothra – The Reply = Dear Sir, Firstly I m sorry I wrote as per notification but it is as per Rule 46 read with sec 31(3)(f). Chapter-6-Tax-Invoice-Credit-and-Debit-Notes-Rules-(Rule-46-to-56)/.The proviso states: Provided further that where an invoice is required to be issued under clause (f) of sub-section (3) of section 31, a registered person may issue a consolidated invoice at the end of a month for supplies covered under sub-section (4) of section 9, the aggregate value of such supplies exceeds rupees five thousand in a day from any or all the supp

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Goods and Services Tax – Application for Refund – FORM-GST-RFD-01 as amended – TMI Updates – Highlights

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Goods and Services Tax – In the case of Deemed Export, either the recipient of goods or the supplier of goods (subject to conditions) may apply for for refund of tax (GST) – TMI Updates – Highlights

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