Acknowledgment for submission of appeal – GST APL – 02 – Final Rules (Draft) – Forms – GST – Appeals and Revision – Draft Rules – 19-4-2017 – GST APL – 02 – Form GST APL – 02 – Statutory Provisions, Acts, Rules, Regulations, Taxation
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Appeal to Appellate Authority – GST APL – 01 – Final Rules (Draft) – Forms – GST – Appeals and Revision – Draft Rules – 19-4-2017 – GST APL – 01 – Form GST APL – 01 – Statutory Provisions, Acts, Rules, Regulations, Taxation
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Section 48 – Uttarakhand SGST – RETURNS – Uttarakhand Goods and Services Tax Act, 2017 – Section 48 – Goods and services tax practitioners. 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall be such as may be prescribed. (2) A registered person may authorise an approved goods and services tax practitioner to furnish the details of outward supplie
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Appeal to the Appellate Authority for Advance Ruling – GST ARA – 03 – Final Rules (Draft) – Forms – GST – Advance Ruling – Draft Rules – 19-4-2017 – GST ARA – 03 – Form GST ARA -03 – Statutory Provisions, Acts, Rules, Regulations, Taxation
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Appeal to the Appellate Authority for Advance Ruling – GST ARA – 02 – Final Rules (Draft) – Forms – GST – Advance Ruling – Draft Rules – 19-4-2017 – GST ARA – 02 – Form GST ARA -02 – Statutory Provisions, Acts, Rules, Regulations, Taxation
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Application Form for Advance Ruling – GST ARA – 01 – Final Rules (Draft) – Forms – GST – Advance Ruling – Draft Rules – 19-4-2017 – GST ARA – 01 – Form GST ARA -01 – Statutory Provisions, Acts, Rules, Regulations, Taxation
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Goods and Services Tax – Started By: – piyush agarwal – Dated:- 23-6-2017 Last Replied Date:- 11-8-2017 – I am manufacturer I am billing in single invoiceProduct@12% ₹ 50000Product@%18% ₹ 20000Product@ 28% ₹ 10000Freight ₹ 10000Insurance ₹ 2000Total 92000Transactions is FOR.Now my question is what rate I will charge for freight and insurance? Or I will charge 28% on entire 92000? Or I will charge 18% on freight insurance.?.it's a composite supply?What will happ
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Goods and Services Tax – Started By: – akash lalka – Dated:- 23-6-2017 Last Replied Date:- 13-8-2017 – There is a caseEg. if A sends material from (delhi) to B it is in (west bengal), he does billing in excise and vat on 25 june 2017.and B receives goods on 4 july 2017. so is this Transaction possible in GST provision and the good is a capital investment for B. – Reply By KIRTIKUMAR PUROHIT – The Reply = Yes; it is possible in GST, B may to mentioned such transaction in TRANS-1 and take 100% CE
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OLD CLOTH MERCHANT (TAXRATE) – Goods and Services Tax – Started By: – raj kapoor – Dated:- 23-6-2017 Last Replied Date:- 30-12-1899 – Dear Sir /madamHow much GST TAX ATTRACT ON OLD CLOTHES. – Discussion Forum – Knowledge Sharing
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Goods and Services Tax – GST – Dated:- 23-6-2017 – The GST common portal would reopen for migration on 25th June 2017. Assessees are required to complete the migration process before 30th September 2017. DG Systems is constantly compiling the provisional Id requests and sending them to GSTN for creation of Provisional IDs and pursuing with GSTN for issuance of PIDs and resolution of problems faced by registered taxpayers of Central Excise and Service Tax. DG Systems would disseminate the Provisional IDs by or after 25th June 2017 to all the assessees whose Provisional IDs were cancelled due to not being activated by them. In the interim, following advisory is issued for the taxpayers and departmental officers for the frequently faced probl
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ed registrations: Provisional ID has not been issued for all the states. PID will be issued to all addresses mentioned in Registration Certificate of ST. If all the premises are not mentioned in the ST2/RC, then RC needs to be amended to include all these premises. Assessee need to apply for fresh GST registration on www.gst.gov.in after appointed date for those states which addresses are not added in RC. Same goes for new premises that would be set up anywhere else. 4 Unable to submit enrolment form with Digital Signature Even if the Assessee is unable to submit the form, they may only complete the form and save it on www.gst.gov.in. ARN number of saved forms will be emailed to them after 15th June 2017 subject to validation of information
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h the PID is issued on www.easiest-cbec.gov.in -> assesssee code based search. Then apply to the concerned Range Superintendent to reset the password for the registration. Then access the old registration number and obtain the PID and password. Alternately, the Assessee may obtain the PID and Password from the concerned jurisdictional officer as same has also been shared with them through the Zonal Chief Commissioner Office. The Assessee then has to mention all his registered premises as additional premises in the enrolment form. 7 Provisional Id activated by assesse but not completed migration by filling up enrolment form. Assessee needs to complete the enrolment by completely filling up enrolment form and save it on www.gst.gov.in. ARN
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Goods and Services Tax – Started By: – venkat eswaran – Dated:- 23-6-2017 Last Replied Date:- 7-9-2017 – Dear all,We are paint mfg industry supply to all over india to companies and dealers. WE are start getting GSTIN nos from the customers. But still from majority of customers inlcuding dealers we have not received GSTIN no..Without GSTIN no that is technically unregistered customer in GST can we supply matls to them? Is it any problem for us selling goods without GSTIN no.?kindly clarifyThanks in advanceVenkat – Reply By Rajagopalan Ranganathan – The Reply = Sir, Whether you supply materials to registered or unregistered dealer, you have to issue a tax invoice indicating payment of tax. Rule 1 (d) of GST – TAX INVOICE, CREDIT AND DEBIT N
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Goods and Services Tax – Started By: – Narendra Soni – Dated:- 23-6-2017 Last Replied Date:- 23-6-2017 – Dear Experts,Kindly confirm, whether Tax invoices in GST will be started form new sl.no 1 or from continue sl no of existing invoices . – Reply By Rajagopalan Ranganathan – The Reply = Sir,You have to start with number 1 with effect from the date on which GST is made applicable. – Reply By piyush agarwal – The Reply = Serial number will be stating from 1. It should not be exiting. – Discussi
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Goods and Services Tax – Started By: – Narendra Soni – Dated:- 23-6-2017 Last Replied Date:- 23-6-2017 – Dear Experts,Suppose advance against supply has been received to us on 05.07.2017, actual supply is made on 17.08.2017.Kindly confirm whether tax liability has to pay on the basis of advance received in return dtd 20th of August or on the basis of invoice in return dtd.20th of Sept. – Reply By KASTURI SETHI – The Reply = GST is to be paid on the date of advance received. – Reply By Rajagopalan Ranganathan – The Reply = Sir, Clause (d) of sub-section (3) of Section 31 of CGST Act, 2017 lays down that a registered person shall, on receipt of advance payment with respect to any supply of goods or services or both, issue a receipt voucher o
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Goods and Services Tax – Started By: – venkat eswaran – Dated:- 23-6-2017 Last Replied Date:- 21-10-2017 – Dear ExpertsWe are many of our outstation suppliers that they are going to stop the despatches from 25 th june because of GST implementation from 1.7.17. Is it mandatory or any problem for continue despatch till 30.6.17.If we receive matl invoice dated june'17 in July-17 under GST what will happen? The Excise credit and sales tax credit how we can take and adjust. How long this will be
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Goods and Services Tax – Started By: – mukesh pareek – Dated:- 23-6-2017 Last Replied Date:- 8-6-2018 – Dear Experts,We have received duty paid goods for rework. We will return this goods after rework on 15th july.My question is what tax we should charge ? Excise or GST ? – Reply By MUKUND THAKKAR – The Reply = under which documents you have received goods for rework ? – Reply By Suresh Kumar – The Reply = Dear Experts/Mr.Mukesh Pareek,Pls let me know the action taken on such transactions. – Di
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Goods and Services Tax – Started By: – Narendra Soni – Dated:- 23-6-2017 Last Replied Date:- 21-12-2017 – Dear Experts,Can ITC is eligible on Furniture purchased after July 2017 used for office of Bu
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Textiles minister takes stock of industry s GST preparedness – Goods and Services Tax – GST – Dated:- 23-6-2017 – New Delhi, Jun 22 (PTI) Union minister Smriti Irani today chaired a workshop to assess the readiness of the textiles sector PSUs, export promotion councils and other stakeholders on the Goods and Services Tax (GST). According to official sources, the textiles minister also allayed the industry's concerns on the impact of the GST in the meeting. Workshop conducted today will furth
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Goods and Services Tax – Started By: – Alisha Maini – Dated:- 23-6-2017 Last Replied Date:- 23-6-2017 – Hello sir,Please let me know what would be the treatment of advance payment already received as on transition date i.e. July 1, 2017.If ITC on the same is claimable, can you tell me which Rule or Act says it and what would be the procedure to claim it.Thanks – Reply By Ganeshan Kalyani – The Reply = Advance received on or after 01.07.2017 for future supply of taxable goods, then receiver has
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Customs – PUBLIC NOTICE No. 23/2017 – Dated:- 23-6-2017 – GOVERNMENT OF INDIA MINISTRY OF FINANCE : DEPARTMENT OF REVENUE OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS CUSTOM HOUSE, PORT AREA, VISAKHAPATNAM – 530 035 F. No. S2/08/2017-EDI Date: 23/06/2017 PUBLIC NOTICE No. 23/2017 Subject: Reg. Attention of all the Importers, Customs Brokers and the Members of the Trade is invited to the proposed GST roll out from 1st July, 2017. With GST set to be rolled out on 1st July 2017, the following advisory on changes in Customs related matters is given as below: 2. The changes are broadly in the following areas. Levy of duties: IGST and Compensation Cess (wherever applicable) to be levied on imports Change in Bill of Entry and Shipping Bill forms: TO capture additional details required for validation with GSTN in case of IGST refund claims (export) or availability of IGST credit (Imports) Procedure in respect of manual filing of Bills of Entry and Shipping Bills: To electronically capture
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oods under section 12 of the Customs Act, 1962" ii) Thus, with effect from 01.07.2017, all imported goods shall attract IGST (and compensation cess, wherever applicable) in addition to the Customs duties such as Basic Customs Duty etc. However, the levy of C VD and SAD shall cease to exist on imported goods other than those on which Central Excise Duty / VAT continues to be levied even in the new regime. In this regard necessary amendments have been made in section 3 of the Customs Tariff Act, 1975 vide the Taxation Laws (Amendment) Act, 2017 (1 8 of 2017) dated the 4th May, 2017 wherein under sub-section (7), sub-section (8), sub-section (9) & sub-section (10) of section 3 of the Customs Tariff Act, 1975, it has been provided as below: Sub Section (7) : Any article which is imported into India shall, in addition, be liable to integrated tax at such rate, not exceeding forty percent as is leviable under section 5 of the Integrated Goods and Services Tax Act, 2017 on a like art
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ich is imported into India shall, in addition, be liable to the goods and services tax compensation cess at such rate, as is leviable under section 8 of the Goods and Services Tax(Compensation to States) Cess Act, 2017 on a like article on its supply in India on the value of the imported article as determined under sub-section OW. Sub Section (10): For the purpose of calculating the goods and services tax compensation cess under sub-section (9) on any imported article where such cess is leviable at any percentage of its value, the value of the imported article shall, notwithstanding anything contained in section 14 of the Customs Act, 1962, be the aggregate of (a) the value of the imported article on that article under section 12 of the Customs Act, 1962 and any sum chargeable on that article under any law for the time being in force as an addition to and in the same manner as , a duty of customs, but does not include the tax referred to in sub-section (7) or the cess referred to in su
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to get themselves familiar with the modified Forms. It is emphasized that other than the changes in the declaration, rest of the procedure with regard to clearance of imports and exports would remain the same. EDI Bill of Entry: 5. It may be noted that with the introduction of GST, information in the Bill of Entry would be reconciled with their returns filed on GSTN. Accordingly, credit claimed in their GST Return in respect of IGST paid on imports would be cross checked with the Customs EDI system. Therefore, with effect from 01.07.2017, it would be mandatory for the importers to declare their GSTIN, i.e., the GST registration number on the Bill of Entry if they wish to claim the credit of the IGST paid on the imported goods. Importers not registered with GSTN will be required to declare their PAN along with their state code as per the Census of India. This is required for transfer of the IGST paid by the non GST importers to account of the "consumption" state. Diplomatic o
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f time, declaration with regard to only GSTIN and PAN shall be required in the Bill of Entry. 6. For calculating the IGST or Compensation Cess, chapter wise, rate wise GST schedule, IGST exemption, concession list and GST Compensation Cess rates are already available on the official website of CBEC. In this regard, notifications for (a) levy and (b) exemption shall be issued by TRU shortly. The importer shall have to quote the relevant number of the levy notification as well as the exemption notification (wherever applicable) in respect of each imported item for application of correct rate. The IGST and compensation cess notifications directories are being developed in the EDI System to automatically calculate the levy on imported goods. The total IGST and Compensation Cess paid will be published on every Bill of Entry which can be quoted by the importer to claim the corresponding credit in the GST return. EDI Shipping Bill: 7. The Integrated Goods and Services Tax Act, 2017, under Sec
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uote the Shipping Bill and export invoice details in the GST return. The information provided in the return with regard to export of goods shall be validated by Customs EDI system. The confirmation of the export details by Customs shall be made once the EGM is filed, The taxpayer (exporter) shall be granted refund of the IGST paid by him on the exported goods based on the validation by Customs EDI system. This validation shall also act as the proof of export in case the exporter has made the supply under bond or LUT without payment of IGST. 9. In order to facilitate proof of export, Shipping Bill forms have also been modified to capture details such as GSTIN of the exporter, GST export invoice number etc. The exporter shall have to declare item-wise taxable value and corresponding IGST on the Shipping Bill. All these details will be used to validate the declarations made by the exporter on the GST return to confirm export. 10. For the time being, importers/exporters are advised to decl
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Customs – PUBLIC NOTICE No. 08/12017 – Dated:- 23-6-2017 – OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS AIRPORT AND AIR CARGO COMMISSIONERATE II Floor, AIR INDIA SATS AIR FREIGHT TERMINAL, KEMPEGOWDA INTERNATIONAL AIRPORT, BENGALURU – 560300. C No VIII/48/90/2017 Air cus Tech. Dated 23.06.2017 PUBLIC NOTICE No. 08/12017 DATED 23.06.2017 Sub: GST roll out and preparation there of- Reg. Attention of the trade and industry, exporters, Importers and other stake holder is invited to the above mentioned subject. 2. With the GST set to be rolled out on 1st July 2017, the final phase of preparation for its implementation is in full swing. Changes in Customs law and procedure are accompanied by changes in the EDI system so as to effectively implement the IGST law from 01.07.2017. The changes are broadly in the following areas: Levy of Duties 1. Sub-section(l) of section 5 of the Integrated Goods and Services Act, 2017 states that "Subject to the provisions of sub-section (2), there sha
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etc. However, the levy of CVD and SAD shall cease to exist on imported goods other than those on which Central Excise Duty/ VAT continues to be levied even in the new regime. In this regard necessary amendments have been made in section 3 of the Customs Tariff Act, 1975 vide the Taxation Laws (Amendment) Act, 2017 (18 OF 2017) dated the 4th May, 2017 wherein under sub-section (7), sub-section (8), sub-section (9) & sub-section (10) of section 3 of the Customs Tariff Act, 1975, it has been provided as below: (7) Any article which is imported into India shall, in addition, be liable to integrated tax at such rate, not exceeding forty percent, as is leviable under section 5 of the Integrated Goods and Services Tax Act, 2017 on a like article on its supply in India, on the value of the imported article as determined under sub-section (8). (8) For the purposes of calculating the integrated tax under sub-section (7) on any imported article where such tax is leviable at any percentage of
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f the imported article as determined under sub section (10). (10) For the purposes of calculating the goods and services tax compensation cess under sub-section (9) on any imported article where such cess is leviable at any percentage of its value, the value of the imported article shall, notwithstanding anything contained in section 14 of the Customs Act , 1962, be the aggregate of- (a) the value of the imported article determined under sub-section (I) of section 14 of the Customs Act , 1962 or the tariff value of such article fixed under sub-section (2) of that section, as the case may be; and (b) any duty of customs chargeable on that article under section 12 of the Customs Act, 1962, and any sum chargeable on that article under any law for the time being in force as an addition to, and in the same manner as, a duty of customs, but does not include the tax referred to in subsection (7) or the cess referred to in sub-section (9). Changes in Bill of Entry and Shipping Bill Forms: 3. S
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would be mandatory for the importers to declare their GSTIN, i.e., the GST registration number on the Bill of Entry if they wish to claim the credit of the IGST paid on the imported goods. Importers not registered with GSTN will be required to declare their PAN along with their state code as per the Census of India. This is required for transfer of the IGST paid by the non GST importers to the account of the "consumption" state. Diplomatic organizations or UN bodies can quote their UIN issued by GSTN on the Bill of Entry. In this regard, DGFT has also issued Trade Notice No. 09 dated 12.06.2017 wherein it has been indicated that with regard to importer/exporter registered with GSTN, importer/ exporter would need to declare only GSTIN at the time of import and export of goods and the importers who are not registered under GST would use their PAN for imports. Changes have been made in the BE forms to capture details like GSTIN, PAN, State Code etc. of the importer. Similar chan
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h imported item for application of correct rate. The IGST and Compensation Cess notifications directories are being developed in the EDI System to automatically calculate the levy on imported goods. The total IGST and Compensation Cess paid will be published on every Bill of Entry which can be quoted by the importer to claim the corresponding credit in the GST return. EDI Shipping Bill: 6. The Integrated Goods and Services Tax Act, 2017, under section 16 provides that export of goods shall be zero rated supply and credit of input tax may be availed for making zero-rated supplies, notwithstanding that such supply may be an exempt supply. The section further lays down that a registered person making zero rated supply shall be eligible to claim refund under either of the following options, namely: (a) he may supply goods or services or both under bond or Letter of Undertaking, subject to such conditions, safeguards and procedure as may be prescribed , without payment of integrated tax and
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8. In order to facilitate proof of export, Shipping Bill forms have also been modified to capture details such as GSTIN of the exporter, GST export invoice number etc. The exporter shall have to declare item-wise taxable value and corresponding IGST on the Shipping Bill. All these details will be used to validate the declarations made by the exporter on the GST return to confirm export. 9. For the time being, importers/ exporters are advised to declare GSTIN, PAN and IEC while filing document for import/ export of goods. However, over a period of time, declaration with regard to only GSTIN and PAN shall be required in the Shipping Bill. Manual Bill of Entry and Shipping Bill: 10. Since all the validation related to IGST refund or flow of IGST credit shall happen electronically between Customs EDI and GSTN, it is imperative hereon that the required data is captured electronically without fail for all the imports and exports whether or not through EDI locations. In case of EDI locations,
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DGFT – Trade Notice No. 28/AM16 dated 23.06.2017 – Dated:- 23-6-2017 – GOVERNMENT OF INDIA
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GST – States – 23 T of 2017 – Dated:- 23-6-2017 – Office of the Commissioner of Sales Tax, 8th floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR To, ………………………………….. ………………………………….. No. JC/HQ-1/GST/Reg./Comp./2017-18/ Trade Cir. No. 23 T of 2017 Mumbai dated 23rd June 2017 Subject: Maharashtra Goods and Services Tax Rules, 2017 with regards to Registration and Composition. Gentlemen/Sir/Madam, You are well aware that the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereinafter referred to as MGST Act ) is published in the Offic
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FEMA – 23(R)/(1)/2017-RB – Dated:- 23-6-2017 – RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION No. FEMA 23(R)/(1)/2017-RB Mumbai, the 23rd June, 2017 Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2017 G.S.R. 635(E).-In exercise of the powers conferred by sub-section (3) of Section 7 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amen
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Section 149 – Orissa SGST – MISCELLANEOUS – Orissa Goods and Services Tax Act, 2017 – Section 149 – Goods and services tax compliance rating. 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with the provisions of this Act. (2) The goods and services tax compliance rating score may be determined on the basis of such parameters as may be prescribed. (3) The goods and services tax compliance ratin
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Goods and Services Tax – Started By: – Narendra Soni – Dated:- 22-6-2017 Last Replied Date:- 23-6-2017 – Dear Experts,Kindly suggest :-Whether Debit note & credit note can be issued by recipient of supplies OR can only be issued by Supplier only.Whether ITC is available on both the Debit & Credit notes, and to whom ITC is available. – Reply By KASTURI SETHI – The Reply = ITC is available on the strength of debit notes and credit notes. A registered who issues invoice can issue debit note and credit note.Any taxable person registered under GST is eligible to claim Input Tax Credit provided his final product is taxable or Zero-rated. If the taxable person supplies taxable and exempted goods and services, in that situation he is eligi
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