Goods and Services Tax

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 16-6-2017 Last Replied Date:- 17-6-2017 – GST system The GST system consists of all stakeholders starting from taxpayer to tax professional to tax officials to GST portal to Banks to accounting authorities. GST System will provide a GST portal for taxpayers to access the GST System and do all the GST compliance activities. The system may require different kind of facilities like converting their purchase/sales register data in GST compliant format, Integration of their Accounting Packages/ERP with GST System etc., various kinds of dashboards to view Matched/Mismatched ITC claims, Tax liability, Filing status etc., The system will also provide Tax payer options of using third party applications, which can provide different kind of interfaces on desktop/mobile for them to be GST compliant. Such parties are as GST Suvidha Providers ( GSP for short). The term Suvidha is a Hindi word. GSP is the service provider who will ma

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stop for GST related services. They can customize products that address the needs of different segment of users. The GSPs are free to charge the tax payers depending on the services they offer to their clients. Benefits available to tax payers Some of the benefits accrue to the tax payers using the services of GSP are highlighted below- Conversion of their current invoice format generated by their existing accounting software, which could be in csv, pdf, excel, word format, into GST compliant format; Reconciliation of auto populated data from GST portal with their purchase register data, where purchase register data can be on excel, csv or in any proprietary database and uploaded data from GST format could be in json/csv; Organization having various branches will need a way to upload branch wise invoices, as GST System will only provide one user-id/password for GST system access. An application having role based access and different view for different branches will be needed. A compan

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u India LLP; Ernst & Young LLP; Excellon Software Private Limited; Gofrugal Technologies Private Limited; Hazel Mercantile Limited; IRIS Business Services Limited; Karvy Data Management Services Limited; Mastek Limited; Masters India Private Limited; Motherson Sumi Infotech & Designs Limited; NSDL e-governance Infrastructure Limited; Ramco Systems Limited; Reliance Corporate IT Park Limited; Seshaasai Business Forms Private Limited; Shalibhadra Finance Limited; SISL Infotech Private Limited; Skill Lotto Solutions Private Limited; Spice Digital Limited; Sugal & Damani Utility Services Private Limited; Tally Solutions Private Limited; TATA Consultancy Services Limited; TAXMANN Publications Private Limited; Tera Software Limited; Trust Systems & Software (I) Private Limited; Vayana Private Limited; Velocis Systems Private Limited; Vertex Customer Management India Private Limited; WeP Solutions Limited. They are expected to help large businesses with complex and varied inte

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imers as GSTN may require from time to time. The GSP Application should be free from any Third Party IPR breach. The GSP shall ensure that GSP Application is connected to GST System in a continuous asynchronous mode whenever the GSP has to provide any kind of Services to the Taxpayer The GSP shall bear all costs in relation to provision of all the Services and obligations it may have under this Agreement, including but limited to, establishment/deployment/development of hardware, infrastructure, applications etc. During the Term of this Agreement and thereafter, the GSP acknowledges that it shall abstain itself from any such activity/es which is/are intended to or would reasonably be expected to or lead to unwanted, unfavorable or adverse publicity against GSTN, through any medium/publication whatsoever, which may cause harm (directly or indirectly) to GSTN or its reputation. The GSP shall not use Taxpayers Data for any purpose other than the purpose permitted by the Taxpayer and shall

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Customs – Started By: – Mitesh Gandhi – Dated:- 16-6-2017 Last Replied Date:- 23-7-2017 – Dear Sirswe are the manufacturer as well trader have some of the item imports, and being sell along with manufacturing item, through distributors channel, the distributors are going to availed credit on manufactured item as Excise is charged and reflecting in the invoice, but the same manufactured items sent from our North depot to the distributors with retail invoice they do not have evidence in the retails invoice that is a excise paid material,Further we are facing issue while preparing trading bill which import duty paid material, while selling we are not displaying the import duty component we paid in the invoice, and its gone against 2% cst out

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Goods and Services Tax – Started By: – SNEHAL SHAH – Dated:- 16-6-2017 Last Replied Date:- 19-6-2017 – Dear sir ,As per GST Law Tax liability on Advance also .If we give order for procure goods/materials to overseas vendor ( As a Import ) and some amount will pay as a advance , than GST applicable on advances and who will pay GST ( as per me GST will pay as per reverse charge mechanisam ).Please provide your valuable input sir .Regards,SNEHAL – Reply By MUKUND THAKKAR – The Reply = GST is appli

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Goods and Services Tax – Reduced Liability of Tax on complex, building, flat etc. under GST – CBEC clarifies that why the prices should not increase post GST – TMI Updates – Highlights

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Goods and Services Tax – Started By: – katkoori baburao – Dated:- 16-6-2017 Last Replied Date:- 3-7-2017 – Please provide the HSN nos for the following commodities Commodity HSSN HERBAL AND AYURVEDIC PRODUCTS AND HOMEOPATHIC PRODUCTS READYMADE GARMENTS AND HOSIERY GOODS; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC Works Contracts TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC READYMADE GARMENTS AND HOSIERY GOODS; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC AIR CONDITIONERS AND SPARES READYMADE GARMENTS AND HOSIERY GOODS; KITCHENWARE Automobile Parts and Accessories; READYMADE GARMENTS AND HOSIERY GOODS; Electronics; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC; TEXTILE FABRIC COATED HARDWARE; ELECTRONICS; TOOLS AND INSTRUMENTS ; MEDICAL EQUIPMENTS / DEVISES AND IMPLANTS READYMADE GARMENTS AND HOSIERY GOODS; TAILORING MATERIALS; LABELS KITCHENWARE; HOME APPLIANCES SPORTS GOODS AIR COMPRESSORS AIR COMPRESSOR SPARES ALL MOTOR VEHICLES EXCEP

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SPORTS GOODS AUTOMOBILE PARTS AND ACCESSORIES; READYMADE GARMENTS AND HOSIERY GOODS; ELECTRONICS; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC; TEXTILE FABRIC COATED SOAPS INCLUDING WASHING POWDER; FURNITURE; HOME APPLIANCES PVC PRODUCTS – OTHER THAN PVC CLOTH, REXINE; SANITARY WARE; ALUMINIUM AND ITS PRODUCTS AQUATIC FEED, CATTEL FEED, FEED SUPPLEMENTS AND NUTRIENTS; VETERINARY MEDICINES READYMADE GARMENTS AND HOSIERY GOODS READYMADE GARMENTS AND HOSIERY GOODS; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC ELECTRONICS; MOBILE PHONES, SPARES READYMADE GARMENTS AND HOSIERY GOODS OIL CAKES AND DEOILED CAKES; ORGANIC MANURE; NEEM CAKE LABORATORY EQUIPMENTS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS; AIR CONDITIONERS AND SPARES FURNITURE; LEATHER PROUDCTS; SOLAR POWER SYSTEMS; KITCHENWARE; SODA MAKING MACHINE AND SPARES; HOME APPLIANCES READYMADE GARMENTS AND HOSIERY GOODS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; READYMADE GARMENTS AND HOSIERY GOODS; FOOTWEA

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PT ENGINES/MOTORS; READYMADE GARMENTS AND HOSIERY GOODS Fabrication and Structures made of Steel or other Material.; Works Contracts; Others FABRICATION AND STRUCTURES MADE OF STEEL OR OTHER MATERIAL.; STORAGE TANKS OF ALL KINDS; ALL MATERIAL HANDLING EQUIPMENTS Watches and Clocks; Works Contracts ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS MACHINERY ; IMITATION JEWELLERY; BANGLES READYMADE GARMENTS AND HOSIERY GOODS READYMADE GARMENTS AND HOSIERY GOODS ELECTRONICS; COMPUTERS, PERIPHERALS; MOBILE PHONES, SPARES READYMADE GARMENTS AND HOSIERY GOODS; ELECTRONICS AUTOMOBILE PARTS AND ACCESSORIES; FABRICATION AND STRUCTURES MADE OF STEEL OR OTHER MATERIAL.; ALUMINIUM AND ITS PRODUCTS; ENGINEERING GOODS; INDUSTRIAL INPUTS CEMENT; ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; PAINTS AND COLOURS; PLYWOOD AND LAMINATES; SANITARY WARE; MARBLE Hotels PLYWOOD AND LAMINATES; GLASS AND GLASS WARE HOTELS KITCHENWARE; HOME APPLIANCES IMITATION JEWELLERY Cosmetics COSMETICS; ELECTRICAL GOODS EXCEPT

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RY GOODS; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC COSMETICS; ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS; COMPUTERS, PERIPHERALS; HOME APPLIANCES KITCHENWARE; TOOLS AND INSTRUMENTS ; HOME APPLIANCES; ALL UTENSILS Works Contracts and Iron and Steel; Others IMITATION JEWELLERY Others GIFTS AND NOVELTIES ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; READYMADE GARMENTS AND HOSIERY GOODS; ELECTRONICS; HOME APPLIANCES ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS; HOME APPLIANCES TAILORING MATERIALS MARBLE; HARDWARE; CERAMIC TILES AND GLAZED TILES AND EARTHEN TILES FLOORING MATERIALS EXCEPT GRANITES AND MARBLE; MARBLE; GRANITES KIRANA/GROCERIES ALL TYPES OF RESINS; ALL TYPES OF WAXES; CHEMICALS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; PRESSURE COOKERS, PANS; GIFTS AND NOVELTIES; KITCHENWARE; HOME APPLIANCES; ALL UTENSILS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; AUTOMOBILE PARTS AND ACCESSORIES; GLASS AND GLASS WARE; E

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MADE GARMENTS AND HOSIERY GOODS; FOOTWEAR; GIFTS AND NOVELTIES; LEATHER PROUDCTS; BITUMEN; IMITATION JEWELLERY; ASPHALTIC ROOFING SHEETS STAINLESS STEEL ACID; CHEMICALS; ALL WATER TREATMENT CHEMICALS MACHINERY ; TOOLS AND INSTRUMENTS BIO PRODUCTS, AGRO CHEMICALS, MICRO NUTRIENTS FABRICATION AND STRUCTURES MADE OF STEEL OR OTHER MATERIAL.; ENGINEERING GOODS DYES AND CHEMICALS; RUBBER AND RUBBER PRODUCTS AND COIR PRODUCTS; ADHESIVES COMPUTERS, PERIPHERALS; MOBILE PHONES, SPARES ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; ELECTRONICS; COMPUTERS, PERIPHERALS; IT PRODUCTS COSMETICS; AUTOMOBILE PARTS AND ACCESSORIES; FURNITURE; HARDWARE; SPORTS GOODS; NOTE BOOKS,DIARIES AND STATIONERY; ELECTRONICS; MOBILE PHONES, SPARES; BAGS,BELTS,CAPS; TOOLS AND INSTRUMENTS ; TOYS; HOME APPLIANCES; BICYCLES,TRICYCLES,CYCLE RICKSHAWS AND PARTS AND ACCESSORIES; MEDICAL EQUIPMENTS / DEVISES AND IMPLANTS ELECTRICAL GOODS EXCEPT ENGINES/MOTORS; AUTOMOBILE PARTS AND ACCESSORIES; READYMADE GARMENTS AND HOSIERY GOODS;

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RICS, MANMADE FABRICS, WOOLEN FABRICS AND TEXTILE MADE-UPS BIO PRODUCTS, AGRO CHEMICALS, MICRO NUTRIENTS PLASTIC RAW MATERIALS; AGRICULTURAL IMPLEMENTS; HANDLOOMS, PARTS AND ACCESSORIES THEREOF AND GOODS PRODUCED FROM HANDLOOMS; COTTON FABRICS, MANMADE FABRICS, WOOLEN FABRICS AND TEXTILE MADE-UPS ADHESIVES Works Contracts ELECTRONICS; HOME APPLIANCES Fertilizers, Bone Meal; Pesticides,Insecticides,Fungicides,Herbicides,Weedicides FURNITURE; TEXTILE CLOTH MADE UPS SAREES DRESS MATERIALS TOWELS ETC; HOME APPLIANCES ELECTRONICS; HOME APPLIANCES ELECTRONICS; MOBILE PHONES, SPARES; IT PRODUCTS – Reply By Rajagopalan Ranganathan – The Reply = Sir,Please refer to GST RATE SCHEDULE FOR GOODS [As per discussions in the GST Council Meeting held on 18th May, 2017] . – Reply By ASHOK AMIN – The Reply = Dear Experts,We are having products falling under Chapter Sub-Head 34029011. What will be the gst rate for the goods falling under this Chapter Sub-Head ? – Reply By mahesh israni – The Reply = WE H

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Goods and Services Tax – Started By: – POLYPLEX CORPORATIONLTD. – Dated:- 16-6-2017 Last Replied Date:- 19-6-2017 – Dear Expert My query is we are in Area based Exemption under notification 50/2003. Now after the appointed day (01.07.2017), we will received bills of transporter pertains to May 2017 & June 2017. Then we have deposit GST @ 5% under reverse chrage? In present regime, we are not taking any service tax credit due to exemption but after GST, Can we take Service tax Credit on GTA

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VAT and Sales Tax – Started By: – Abdul Adil – Dated:- 16-6-2017 Last Replied Date:- 17-6-2017 – We have our corporate office at New Delhi. All invoices are generated and orders received from India at our H.O. Hence CST was charged, and post July 01st, with GST, we will use one registration for all branches in India. Kindly clarify, what rules do we need to follow, for sending Demo equipment or Stock Transfer, to our branches at different locations in India. Do we need a separate GST registrati

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Goods and Services Tax – Started By: – RAJESH LANGALIA – Dated:- 16-6-2017 Last Replied Date:- 17-6-2017 – I have following query which you please reply as soon as possible with reference to section and law : 1. as on 30.06.2017, I have input credit lying in Capital Work in progress in terms of civil foundation work for plant and machinery. Will I be able to claim it as Input tax credit in GST regime as per provisions of 140 (2) of CGST act ? 2. If I am paying Royalty to Government, whether it would be subjected to GST and thereby would be able to avail credit of that? 3. In current tax regime, I am manufacturing non excisable product and for that service tax paid on input services or excise paid on material consumed in final non excisable

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what are the changes for mutual fund distributors in gst – Service Tax – Started By: – SUNIL KUMAR – Dated:- 15-6-2017 Last Replied Date:- 30-12-1899 – what are the changes effect to mutual fund distr

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Goods and Services Tax – GST – Dated:- 15-6-2017 – New Delhi, Jun 15 (PTI) The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures. This will be the 17th meeting of the GST Council, chaired by Union Finance Minister Arun Jaitley and comprising state counterparts. The Council has already finalised tax rates on almost all goods and services in the bracket of 5, 12, 18 and 28 per cent. The Council may also review rates on certain items, and approve draft GST rules and related forms for advance ruling, appeals and revision, and assessment and audit. In the last meeting of the Council on June 11, tax rates on 66 items, including agarbatti, packaged

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side the state, having value of more than ₹ 50,000 to be registered with the GST-Network (GSTN) website. As per the draft, GSTN would generate e-way bills that will be valid for 1-15 days, depending on distance to be travelled – one day for 100 km and 15 days for more than 1,000 km transit. The tax officials can inspect the 'e-way bill' anytime during the transit to check tax evasion. Industry however has expressed concerns over this saying that the ₹ 50,000 limit was too low and that the timeline for completion of transport operation was impractical and removed from reality . They also felt that the e-way bill would be applicable to movement of all kinds of goods without making any distinction between goods that were ev

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Goods and Services Tax – GST – Dated:- 15-6-2017 – The CBEC and States have received several complaints that in view of the works contract service tax rate under GST at 12% in respect of under construction flats, complex etc, the people who have booked flats and made part payment are being asked to make entire payment before 1st July 2017 or to face higher tax incidence for payment made after 1st July 2017. This is against the GST law. The issue is clarified as below:- 1. Construction of flats, complex, buildings will have a lower incidence of GST as compared to a plethora of central and state indirect taxes suffered by them under the existing regime. 2. Central Excise duty is payable on most construction material @12.5%. It is higher in c

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cost of the flat. 4. The current headline rate of service tax on construction of flats, residences, offices etc. is 4.5%. Over and above this, VAT @1% under composition scheme is also charged. The buyer only looks at the headline rate of 5.5%. In other cities/states, where VAT is levied under the composition scheme @2% or above, the headline rate visible to the customer is above 6.5%. What the customer does not see is the embedded taxes on account of cascading and sticking of input taxes in the cost of the flat, etc. 5. This will change under GST. Under GST, full input credit would be available for offsetting the headline rate of 12%. As a result, the input taxes embedded in the flat will not (& should not) form a part of the cost of t

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Goods and Services Tax – GST – Dated:- 15-6-2017 – The new indirect tax regime in the country is to come into effect from 01.07.2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval from the GST Council. In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, Octroi, Entry Tax, etc.] by the Centre and States. A list of such supplies, where the GST

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27 2001, 2004 Pickle, Murabba, Chutney 28 21 Sweetmeats 29 2103 Ketchup & Sauces 30 2103 30 00 Mustard Sauce 31 2103 90 90 Toppings, spreads and sauces 32 2106 Instant Food Mixes 33 2106 Other pulses bari (mungodi) 34 22 Mineral water 35 2201 90 10 Ice and snow 36 25 Cement 37 27 Coal 38 27 Kerosene PDS 39 27 LPG Domestic 40 30 Insulin 41 33 Agarbatti 42 33 Tooth powder 43 33 Hair oil 44 33 Toothpaste 45 3304 20 00 Kajal [other than kajal pencil sticks] 46 34 Soap 47 37 X ray films for medical use 48 3822 Diagnostic kits and reagents 49 3926 90 99 Plastic Tarpaulin 50 4202 School Bag 51 4820 Exercise books and note books 52 4823 Kites 53 4903 Childrens' picture, drawing or colouring books 54 50 Silk fabrics 55 51 Woollen fabrics 56

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Goods and Services Tax – Started By: – ASHOK AMIN – Dated:- 15-6-2017 Last Replied Date:- 16-6-2017 – Dear Experts,What will be the procedure for EOU and SEZ transactions in GST ? – Reply By MARIAPPAN GOVINDARAJAN – The Reply = It will be treated as inter-State trade or commerce – Reply By ASHOK AMIN – The Reply = Thanks for your prompt reply. – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 7 (5) (b) of IGST Act, 2017 Supply of goods or services or both, to or by a Sp

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Goods and Services Tax – Started By: – arun aggarwal – Dated:- 15-6-2017 Last Replied Date:- 15-6-2017 – SirI am a registered dealer/trader in Delhi in vat.The firm is not not doing any work from the last one and a half year with nill returns filed with no stocks.A year before Vat authorities forced to deposit 4 lakh as advance tax , of which I have taken the input credit in my returns.Now what should i do , surrender the vat no and take the refund, or I migrate to GST taking that input credit.

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Goods and Services Tax – GST – Dated:- 15-6-2017 – The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 17th Meeting of the GST Council scheduled to be held on Sunday, 18th June, 2017 at Vigyan Bhavan in the national capital. The one day Meeting will also be attended among others by the Finance Ministers of different States and UTs (having elected assembly) being the members of the GST Council. Main agenda items of the 17th GST Council Meeting include

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Goods and Services Tax – Started By: – Aitha RajyaLakshmi – Dated:- 15-6-2017 Last Replied Date:- 22-3-2018 – Sir,We have RMC (Ready mix concrete) Plants within the State and they were included as additional place of business under GST migration.We send cement from our plant to RMC. Since it is Stock transfer within the State no GST is chargeable. Cement is used for self consumption. While RMC plant manufactures Ready mix concrete and made further sale how it is to be taxed? – Reply By Himansu

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Goods and Services Tax – Started By: – Rohit Bathwal – Dated:- 15-6-2017 Last Replied Date:- 17-6-2017 – Dear Sir / Madams,I have a query regarding GST on already imported goods as under:We are importer and traders i.e we import material from abroad and trade it in India. We are having some stock balance available with us on which we have Paid BCD and CVD at the time of imports. We have got registered under commercial tax and GST but do not have excise registration number. Just wanted to unders

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Goods and Services Tax – Started By: – Gopal B – Dated:- 15-6-2017 Last Replied Date:- 15-6-2017 – Dear Sir,What is HSN Code under GST ? Is Excise Tariff & HSN code is same or different for pharmaceutical products.Pls reply at the earliest.Thanks – Reply By MARIAPPAN GOVINDARAJAN – The Reply = It will be different. – Reply By Rajagopalan Ranganathan – The Reply = Sir,Pharmaceuticals will be classifiable under headings 3001 to 3006. This is for finalising fitment of rates. Detailed schedule

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Goods and Services Tax – GST – Dated:- 15-6-2017 – New Delhi, Jun 14 (PTI) Online retailers like Paytm are offering special discounts to consumers to ensure that their sellers' stock is cleared before the GST tax regime sets in from next month. Paytm has a 'Pre-GST Sale' going on, hosting over 6,000 retailers across more than 500 brands. Consumers can get discounts and cashback on a range of product categories like TV, laptops, mobile phones, ACs, refrigerators, DSLRs and footwear, among other items. This sale has come at an opportune time for offline retailers who are looking to offload their entire inventory before the new tax rates become effective, Paytm said in an emailed response. Even online drug marketplace, 1mg has joi

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Goods and Services Tax – Started By: – Aitha RajyaLakshmi – Dated:- 15-6-2017 Last Replied Date:- 19-6-2017 – Sir,Can we utilize the credit carry forwarded under GST in the first month itself or is there any time period to defer?Is there any time limit to utilize the credit carry forwarded? – Reply By MARIAPPAN GOVINDARAJAN – The Reply = First you have to transfer the credit to the new regime and after that if it is eligible to utilize under GST laws you can utilized as per the provisions of GS

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Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 15-6-2017 Last Replied Date:- 1-7-2017 – The GST is expected to come into force with effect from 01.07.2017. The transition provisions will help the registered person to carry over the CENVAT credit benefit to the new GST regime subject to some conditions. In the meantime the Government released the draft rule for the issue of Credit Transfer Document. It is proposed to insert provisions in CENVAT Credit Rules, 2004 for transfer of CENVAT credit paid on specified goods available with a trader on appointed date, i.e., the date from which the GST will be implemented. Credit Transfer Document This rule provides that a manufacturer who was registered under Central Excise Act, 1944 may issue the Credit Transfer Document ( CTD for short). This document is to be issued to evidence payment of duty of excise specified in the First Schedule to the Central Excise Tariff Act, 1985 paid on goods manufactured and cleared by him befo

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f such goods in higher than ₹ 25000/- per piece, bears the brand name of the manufacturer or the principal manufacturer and are identifiable as a distinct number such as chassis/engine no. of a car. • Verifiable records of clearance and duty payment relatable to each piece of such goods is maintained by the manufacturer and are made available for verification on demand by a Central Excise Officer; • The manufacturer is to satisfy that the dealer is in possession of such manufactured goods in the form in which it was cleared by him; • Copies of all invoices relating to buying and selling from manufacturer to the dealer, through intermediate dealers, is maintained by the dealer availing credit using CTDs. • It shall not be issued in favor of a dealer for the same goods before the appointed date. • A dealer availing credit using this document shall not be eligible to avail credit under Rule 1(4) of Transition Rules under CGST Act on identical goods manufactu

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s issued; • Number of invoices against which CTDs have been issued; • Total quantity for which CTD issues; • Total value of Goods for which CTDs have been issued; • Central Excise Duty paid on such goods. In Table 2 the following details to be furnished by the dealer- • Sl. No.; • GSTIN of the dealer whom CTD is issued; • Total number of CTDs received; • Number of invoices against which CTDs have been issued; • Total quantity for which CTD issues; • Total value of Goods for which CTDs have been issued; • Central Excise Duty paid on such goods. Maintaining of records The manufacturer as well as the dealer is required to maintain record for this purpose. The manufacturer shall maintain record in the form TRANS – 3A and the dealer shall maintain record in the form TRANS -3B. Such record shall be made available to the Central Excise Officer for verification on demand. The manufacturer shall in Form TRANS – 3A maintain the documents as

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Trade Notice No. 01/2017 Dated:- 15-6-2017 Trade Notice – Circulars – GST – GOVT. OF INDIA MINISTRY OF FINANCE, DEPARTMENT OF REVENUE OFFICE OF THE CHIEF COMMISSIONER, CENTRAL EXCISE, CUSTOMS SERVICES TAX CRESCENS BUILDING, M.G ROAD, SHILLONG-793001 C. No. II(39)10/ET/CCO/SH/2017/2440-2512 Dated, Shillong the 15 th June, 2017 Trade Notice No. 01/2017 Subject: Jurisdiction of the Chief Commissioner, Central Excise Service Tax Guwahati consequent upon GST Notifications -reg. Attention of all Central Excise assessees/manufacturers, Service Tax assessees, Importer, Trade and Industry and all concerned are invi

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Commissioner Guwahati Districts of Kamrup (Metro), Kamrup (Rural), Baksa, Kokrajhar, Bongaigaon, Chirang, Barapet, Dhubri, South Salmara-Mankachar, Nalbari, Goalpara, Morigaon, Nagaon, Hojai, East Karbi Anglong, West Karbi Anglong, Dima Hasao, Cachar, Hailakandi and Karimganj in the State of Assam. 2. Commissioner Dibrugarh Districts of Tinsukia, Dibrugarh, Charaideo, Sivasagar, Jorhat, Golaghat, Majuli, Darrang, Udalguri, Sonitpur, Biswanath, Lakhimpur and Dhemaji in the State of Assam 3. Commissioner Shillong State of Meghalaya

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e Tax Commissionerates of (i) Shillong (ii) Guwahati (iii) Dibrugarh (iv) Itanagar (v) Dimapur (vi) Imphal (vii) Aizawl viii Agartala. 10. Commissioner (Audit), Shillong Combined jurisdiction of Central Excise Service Tax Commissionerates of (i) Shillong (ii) Guwahati (iii) Dibrugarh (iv) Itanagar (v) Dimapur (vi) Imphal (vii) Aizawl viii A artala The detailed jurisdiction of Divisions and Ranges of Central Excise Service Tax Commissionerates of Guwahati/ Dibrugarh/ Shillong/ itanagar/ Dimapur/ Imphal/ Aizawl/ Agartala/ Appeals Commissionerate, of Guwahati / Audit Commissionerate, of Shillong are given at Annexure-I, II, III, IV. V

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Customs – PUBLIC NOTICE No. 128/2017 – Dated:- 15-6-2017 – OFFICE OF THE COMMISSIONER OF CUSTOMS, CHENNAI VIII (GENERAL) CUSTOM HOUSE, NO.60 RAJAJI SALAI, CHENNAI – 600 001 F. No. S. Misc. 31/2016-Sys.Unit Dated: 15/06/2017. PUBLIC NOTICE No. 128/2017 Sub: Changes in Bills of Entry (BSE) / Shipping Bill (SB) declarations in alignment with proposed GST implementation. Kind attention of Importers/ Exporters/ Customs Brokers and trade is invited to reference of implementation of GST in India w.e.f 01.07.2017. In this regard, several changes are anticipated in Bills of Entry (BSE) / Shipping Bill (SB) declarations in alignment with proposed GST implementation. 2. Currently in ICES, State Codes are maintained as per RBI list, and is being used

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Goods and Services Tax – F. No. 296/07/2017-CX.9 – Dated:- 15-6-2017 – Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Dated 15/06/2017 The new indirect tax regime in the country is to come into effect from 1-7-2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State Governments after the approval from the GST Council. 2. In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, casc

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2 17 Sugar 23 1702 Palmyra jaggery 24 1704 Sugar confectionery 25 1902 Pasta, spaghetti, macaroni, noodles 26 20 Fruit and vegetable items and other food products 27 2001, 2004 Pickle, Murabba, Chutney 28 21 Sweetmeats 29 2103 Ketchup & Sauces 30 2103 30 00 Mustard Sauce 31 2103 90 90 Toppings, spreads and sauces 32 2106 Instant Food Mixes 33 2106 Other pulses bari (mungodi) 34 22 Mineral water 35 2201 90 10 Ice and snow 36 25 Cement 37 27 Coal 38 27 Kerosene PDS 39 27 LPG Domestic 40 30 Insulin 41 33 Agarbatti 42 33 Tooth powder 43 33 Hair oil 44 33 Toothpaste 45 3304 20 00 Kajal [other than kajal pencil sticks] 46 34 Soap 47 37 X ray films for medical use 48 3822 Diagnostic kits and reagents 49 3926 90 99 Plastic Tarpaulin 50 4202 Sch

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3 LPG Stove 68 76 Aluminium foils 69 8215 Spoons, forks, ladles, skimmers, cake servers, fish knives, tongs 70 84 Fixed Speed Diesel Engines of power not exceeding 15HP 71 4011 Tractor rear tyres and tractor rear tyre tubes 72 8423 & 9016 Weighing Machinery [other than electric and electronic] 73 8443 Printers [other than multifunction printers] 74 8521 Recorder 75 8525 CCTV 76 8452 Sewing Machine 77 8472 Staplers 78 8703 Car for Physically handicapped person 79 8715 Baby carriages 80 900140, 900150 Spectacles Lenses 81 9002 Intraocular lens 82 9004 Spectacles, corrective 83 91 Braille Watches 84 94 Medical furniture 85 94 LED 86 94 Kerosene pressure lantern 87 9403 Bamboo furniture 88 9506 Sports goods other than articles and equipment

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Goods and Services Tax – F. No. 296/07/2017-CX.9 – Dated:- 15-6-2017 – Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Dated 15/06/2017 The C.B.E. & C. and States have received several complaints that in view of the works contract service tax rate under GST at 12% in respect of under construction flats, complex etc., the people who have booked flats and made part payment are being asked to make entire payment before 1st July, 2017 or to face higher tax incidence for payment made after 1st July, 2017. This is against the GST law. The issue is clarified as below :- 1. Construction of flats, complex, buildings will have a lower incidence of GST as compared to a plethora of C

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rrently borne by the builders, which they pass on to the customers as part of the price charged from them. This is not visible to the customer as it forms a part of the cost of the flat. 4. The current headline rate of service tax on construction of flats, residences, offices etc. is 4.5%. Over and above this, VAT @ 1% under composition scheme is also charged. The buyer only looks at the headline rate of 5.5%. In other cities/states, where VAT is levied under the composition scheme @ 2% or above, the headline rate visible to the customer is above 6.5%. What the customer does not see is the embedded taxes on account of cascading and sticking of input taxes in the cost of the flat, etc. 5. This will change under GST. Under GST, full input cre

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