Goods and Services Tax

Leviability of Integrated Goods and Services Tax (IGST) on High Sea Sales of imported goods and point of collection thereof-reg.
33/2017 Dated:- 1-8-2017 Circular
Customs
Circular No. 33/2017-Cus
F.No.450/131/2017-CusIV
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Excise and Customs)
New Delhi, dated the 1st August, 2017
All Principal Chief Commissioners/Chief Commissioners of Customs /Customs (Preventive),
All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise/GST,
All Principal Commissioners/Commissioners of Customs / Customs (Preventive),
All Principal Commissioners/ Commissioners of Customs and Central Excise/GST.
Sir /Madam,
Subject: Leviability of Int

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contract price paid by the last high sea sales buyer into the Customs valuation [Circular No. 32/2004-Cus., dated 11-5-2004 refers].
3. As mentioned earlier, all inter-state transactions are subject to IGST. High sea sales of imported goods are akin to inter-state transactions. Owing to this, it was presented to the Board as to whether the high sea sales of imported goods would be chargeable to IGST twice i.e. at the time of Customs clearance under sub-section (7) of section 3 of Customs Tariff Act, 1975 and also separately under Section 5 of The Integrated Goods and Services Tax Act, 2017.
4. GST council has deliberated the levy of Integrated Goods and Services Tax on high sea sales in the case of imported goods. The council has decided

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thorities for the customs clearance purposes. The importer (last buyer in the chain) would be required to furnish the entire chain of documents, such as original Invoice, high-seas-sales-contract, details of service charges/commission paid etc, to establish a link between the first contracted price of the goods and the last transaction. In case of a doubt regarding the truth or accuracy of the declared value, the department may reject the declared transaction value and determination the price of the imported goods as provided in the Customs Valuation rules.
6. Field formations are requested to decide the cases of high sea sales of imported goods accordingly. Difficulties, in the implementation of this circular may be brought to the knowled

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henna cone
Query (Issue) Started By: – chail singh Dated:- 31-7-2017 Last Reply Date:- 1-8-2017 Goods and Services Tax – GST
Got 1 Reply
GST
sir,
please tell me the GST % on Henna cone OR Mehandi cone(pest)
some distributer are puting 5% and some people 28% so please confirm me actual GST % on Mehandi cone
Reply By KASTURI SETHI:
The Reply:
Correct GST rate is 28%. Henna cone is covered under HSN code 3304. In this context, go through para no.3 of the following case law pertain

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Notification No. 5/2017 – Integrated Tax, Does it applicable to SAC same as HSN ?
Query (Issue) Started By: – RameshBabu Kari Dated:- 31-7-2017 Last Reply Date:- 31-7-2017 Goods and Services Tax

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5 lakh businesses opt for composition scheme under GST: Adhia
GST
Dated:- 31-7-2017

New Delhi, Jul 31 (PTI) Five lakh businesses have opted for the GST composition scheme, which allows them to pay taxes at a concessional rate and makes compliance easy, the government said today.
Nearly 71 lakh excise, service tax and VAT assessees have migrated to the GST Network (GSTN) till July 25. Besides, another 12 lakh new registrations came about under the Goods and Services Tax (GST) regime.
"The figure of dealers opting for composition in GST is 5.12 lakh up to 30th (July). The last date for opting is August 16," Revenue Secretary Hasmukh Adhia tweeted.
The composition scheme is an alternative method of levy of tax design

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ITC Eligibility on travel by air/road/rail under GST
Query (Issue) Started By: – RameshBabu Kari Dated:- 31-7-2017 Last Reply Date:- 31-7-2017 Goods and Services Tax – GST
Got 2 Replies
GST
Dear Experts,
A Chartered Accountant providing professional services to their client by travelling to reach client premises by air and for that only CA is charging the client and no other professional charges are added on the invoice. In this case, can CA claim the ITC on flight ticket ?
And al

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Consolidated Settlement Register for Centre
GST STL – 07.02
GST
Report GST STL – 07.02
Consolidated Settlement Register for Centre
(Book adjustment between CGST, IGST or Cess)
State/UT /All-
Year –
Month –
(Amount in Rs.)
Sr. no.
Details
Amount Credited
Amount Debited
Net Settlement Amount
1.
Book adjustment between CGST and IGST for a State/UT relating to Returns (STL 2.01)
2.
Distribution of IGST amount recovered, compounding amount and amount of pre-deposit (STL 3.01)
3.
Distribution of IGST amount where place of supply could not be determined (STL 4.01)
4.
Reduction of the amount apportioned already due to issue of credit notes, refund of pre-deposit etc. ( STL 5.01)
5.
Settlement between Centre and Stat

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Consolidated Settlement Register for State/UT
GST STL – 07.01
GST
Report GST STL – 07.01
Consolidated Settlement Register for State/UT
State/UT –
Year –
Month –
(Amount in Rs.)
Sr. no.
Details
Amount to be Credited
Amount to be debited
Net Settlement Amount
1.
Settlement of accounts between Centre and State/UT relating to Returns (GST STL 1.01)
2.
Distribution of IGST amount recovered, compounding amount and amount of pre-deposit (STL 3.01)
3.
Distribution of IGST amo

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Assam Govt Lists Required Documents for Goods Transport Under GST Framework: Key Compliance Info for Businesses.
Notifications
GST – States
ASSAM GST – Government specifies the documents that

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Transporters in Tripura Must Carry Tax Invoice, Manifest, Consignment Note Until E-way Bill System is Implemented.
Notifications
GST – States
TRIPURA GST – The documents viz. Tax Invoice, Manifest and Consignment Note shall be carried by the person in charge of a conveyance carrying any consignment of goods taxable under GST while the goods are in movement or in transit storage till an E-way Bill system is developed and approved by the GST Council.
TMI Updates – Highlights, quick no

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The Prime Minister Shri Narendra Modi to inaugurate the two day Conclave of Tax Officers ‘Rajaswa Gyansangam’ scheduled to be held on 1st and 2nd September, 2017 in the national capital
GST
Dated:- 31-7-2017

A two day Conclave of Tax Officers entitled 'Rajaswa Gyansangam' will be held on 1st and 2nd September, 2017 at Vigyan Bhawan in New Delhi. The Prime Minister, Shri Narendra Modi will inaugurate this Conclave on the 1st day of September, 2017. The focus of the discussion wi

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Settlement between Centre and State/UT on account of recovery made out of refund
GST STL – 06.01
GST
Report GST STL – 06.01
Settlement between Centre and State/UT on account of recovery made out of refund
State/UT –
Year –
Month –
(Amount in Rs.)
Sr. no.
GSTIN/ temporary ID
Demand order no.
Demand order date
Refund order number
Refund Date
Amount of refund claimed under Act (CGST/SGST/ UTGST/IGST/CESS)
Tax
Interest
Penalty
Fees
Others
1
2
3
4
5
6
7
8
9
10

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List of registered taxpayers where the liability of payment of Integrated Tax is reduced due to an amendment in the amount payable after the payment on account of rectification of return or who have claimed refund of supplies or any other reduction
GST STL – 05.09
GST
Report GST STL – 05.09
(for S.No 8 of 5.01)
List of registered taxpayers where the liability of payment of Integrated Tax is reduced due to an amendment in the amount payable after the payment on account of rectification

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Reduction due to recovery of outstanding dues and subsequently refunded due to appeal order and interest thereof
GST STL – 05.08
GST
Report GST STL – 05.08
(for S. No. 7 of 5.01 )
Reduction due to recovery of outstanding dues and subsequently refunded due to appeal order and interest thereof
(List of taxpayers)
State/UT –
Year –
Month –
(Amount in Rs.)
Sr. No.
GSTIN
Trade name (Legal name, if not available)
Demand Order Number
Demand Order Date
Appeal Order Number
Appea

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Reduction due to inter-State inward supplies for which ITC was declared as ineligible but now becomes eligible
GST STL – 05.07
GST
Report GST STL – 05.07
(for S.No. 6 of 5.01)
Reduction due to inter-State inward supplies for which ITC was declared as ineligible but now becomes eligible
(List of taxpayers)
State/UT –
Year –
Month –
(Amount in Rs.)
Sr. No.
GSTIN
Trade name (Legal name, if not available)
ARN Number
Tax Period of ARN
Invoice number in which ITC was declared

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Reduction due to interest apportioned earlier on account of mismatch of ITC/Credit Note but now reclaimed
GST STL – 05.06
GST
Report GST STL – 05.06
(for S.No. 5 of 5.01)
Reduction due to interest apportioned earlier on account of mismatch of ITC/Credit Note but now reclaimed
(List of taxpayers)
State/UT –
Year –
Month –
(Amount in Rs.)
Sr. No.
GSTIN
Trade name (Legal name, if not available)
Category of IGST available for distribution (mismatch of ITC/mismatch of Credit no

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List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned, and whose demand was subsequently reduced due to refund of pre-deposit and interest
GST STL – 05.05
GST
Report GST STL – 05.05
(for S.No. 4 of 5.01)
List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned, and whose demand was subsequently reduced due to refund of pre-deposit and interest
State/UT –
Year –
Month –
(Am

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List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned as the supply was made to unregistered persons, and whose demand was subsequently reduced due to issuance of credit notes to un-registered persons
GST STL – 05.04
GST
Report GST STL – 05.04
(for S.No. 3 of 5.01)
List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned as the supply was made to unregistered persons, and whose d

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GST ON MRP goods
Query (Issue) Started By: – Arindam Mukherjee Dated:- 31-7-2017 Last Reply Date:- 31-7-2017 Goods and Services Tax – GST
Got 2 Replies
GST
Can any body help me out the MRP of normal goods. GST Rate of medicines.
Thanks &Regds
Arindam Mukherjee
Reply By SHIVKUMAR SHARMA:
The Reply:
There is no MRP Concept in the GST.
Reply By NEERAJ KUMAR, RANCHI:
The Reply:
Yes no MRP concept in GST…. Normal rate of 12 % applicable for medicine.
Discussion Forum – Knowl

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GST Rate on beverage on soft drinks.
Query (Issue) Started By: – Arindam Mukherjee Dated:- 31-7-2017 Last Reply Date:- 15-12-2017 Goods and Services Tax – GST
Got 1 Reply
GST
Can any body

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List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned as the supply was made to composition dealers, and whose demand was subsequently reduced due to issuance of credit notes to composition taxpayers
GST STL – 05.03
GST
Report GST STL – 05.03
(for S.No. 2 of 5.01)
List of registered taxpayers who had paid Integrated Tax and the said Integrated Tax was already apportioned as the supply was made to composition dealers, and whose dem

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Too early to assess GST impact on tourism: Minister
GST
Dated:- 31-7-2017

New Delhi, Jul 31 (PTI) It is too early to understand the impact of GST on the tourism sector, though an early assessment has shown that the single tax regime has brought down the level of taxation, government said today.
Responding to supplementaries in the Lok Sabha, Tourism minister Mahesh Sharma also said he will talk to the GST Council on the possible difficulties houseboat owners in Kerala may face due

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List of registered taxpayers who had made inter State supply of goods or services or both and the said Integrated Tax was already apportioned as per provisions of section 17(2) of the IGST Act as the supply was not eligible for credit as per section 17 of CGST Act, SGST Act and section 21 of UTGST Act. The demand was subsequently reduced due to issuance of credit notes/ ISD Credit notes to taxpayers for the said supply
GST STL – 05.02
GST
Report GST STL – 05.02
(for S.No. 1 of 5.01)
L

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State-wise consolidated statement showing a summary wherein Integrated Tax paid by taxpayer has already been apportioned but subsequently the liability of Integrated tax of the taxpayer is reduced due to various provisions of the CGST Act, SGST Act and UTGST Act leading to a reduction in amount to be apportioned to Centre (Central Tax) and from State (State Tax)/Centre (Union Territory Tax)
GST STL – 05.01
GST
Report GST STL – 05.01
State-wise consolidated statement showing a summary wherein Integrated Tax paid by taxpayer has already been apportioned but subsequently the liability of Integrated tax of the taxpayer is reduced due to various provisions of the CGST Act, SGST Act and UTGST Act leading to a reduction in amount to be a

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Registration and raising bill for service
Query (Issue) Started By: – Pradeep Kumar Dated:- 31-7-2017 Last Reply Date:- 31-7-2017 Goods and Services Tax – GST
Got 3 Replies
GST
A partnership firm is getting rental income from Godown. Present rent per month is ₹ 73500/-. Earlier, even though it is not under the ambit of service tax, we have registered with and now migrated to GST. Now the tenant is asking for bill with GST. Since we are making service turnover of below ₹ 20 lakhs, is it necessary to collect & pay GST??
Reply By HimansuSekhar Sha:
The Reply:
First check your gross turnover of the form. Aggregate turnover is both taxable supply & non taxable supply. If you have other income, that will be included for

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Distribution of IGST that has been collected where taxable person is not known
GST STL – 04.03
GST
Report GST STL – 04.03
Distribution of IGST that has been collected where taxable person is not known
[Sec 17 of IGST Act]
(For column 4 and 5 of 4.01)
Year –
Month –
a) Amount of IGST to be distributed ………….
b) CGST Portion out of the amount mentioned at (a) …….
c) Balance amount to distributed among States/UT's (a-b) …..
(Amount i

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