Goods and Services Tax

Audit
Rule 4
Bill
ASSESSMENT AND AUDIT
GST – Assessment And Draft Rules 13-4-2017
4. Audit
(1) The period of audit to be conducted under sub-section (1) of section 65 shall be a financial year or multiples thereof.
(2) Where it is decided to undertake the audit of a registered person in accordance with the provisions of section 65, the proper officer shall issue a notice in FORM GST ADT-01 in accordance with the provisions of sub-section (3) of the said section.
(3) The proper officer authorised to conduct audit of the records and books of account of the registered person shall, with the assistance of the team of officers and officials accompanying him, verify the documents on the basis of which the books of account are

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Assessment in certain cases
Rule 3
Bill
ASSESSMENT AND AUDIT
GST – Assessment And Audit – Draft Rules 13-4-2017
3. Assessment in certain cases.
(1) The order of assessment made under sub-section (1) of section 62 shall be issued in FORM GST ASMT-13.
(2) The proper officer shall issue a notice to a taxable person in accordance with the provisions of section 63 in FORM GST ASMT-14 containing the grounds on which the assessment is proposed to be made on best judgment basis and a

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Scrutiny of returns
Rule 2
Bill
ASSESSMENT AND AUDIT
GST – Assessment And Audit – Draft Rules 13-4-2017
2. Scrutiny of returns
(1) Where any return furnished by a registered person is selected for scrutiny, the proper officer shall scrutinize the same in accordance with the provisions of section 61 with reference to the information available with him, and in case of any discrepancy, he shall issue a notice to the said person in FORM GST ASMT-10, informing him of such discrepanc

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Provisional Assessment
Rule 1
Bill
ASSESSMENT AND AUDIT
GST – Assessment And Audit – Draft Rules 13-4-2017
CHAPTER
ASSESSMENT AND AUDIT
1. Provisional Assessment
(1) Every registered person requesting for payment of tax on a provisional basis in accordance with the provisions of sub-section (1) of section 60 shall furnish an application along with the documents in support of his request, electronically, in FORM GST ASMT-01 on the Common Portal, either directly or through a Facilitation Centre notified by the Commissioner.
(2) The proper officer may, on receipt of the application under sub-rule (1), issue a notice in FORM GST ASMT-02 requiring the registered person to furnish additional information or documents in suppo

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determined under sub rule (3):
Provided that a bond furnished to the proper officer under the Central/State Goods and Services Tax Act or Integrated Goods and Services Tax Act shall be deemed to be a bond furnished under the provisions of this Act and the rules made thereunder.
Explanation.- For the purposes of this rule, the term “amount” shall include the amount of integrated tax, central tax, State tax or Union territory tax and cess payable in respect of the transaction.
(5) The proper officer shall issue a notice in FORM GST ASMT-06, calling for information and records required for finalization of assessment under sub-section (3) of section 60 and shall issue a final assessment order, specifying the amount payable by the registered

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Facility for uploading information regarding detention of vehicle
Rule 5
Bill
e-Way Bill
GST – e-Way Bill – Draft Rules 13-4-2017
5. Facility for uploading information regarding deten

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Inspection and verification of goods
Rule 4
Bill
e-Way Bill
GST – e-Way Bill – Draft Rules 13-4-2017
4. Inspection and verification of goods
(1) A summary report of every inspection of goods in transit shall be recorded online by the proper officer in Part A of FORM GST INS – 03 within twenty four hours of inspection and the final report in Part B of FORM GST INS – 03 shall be recorded within three days of the inspection.
(2) Where the physical verification of goods being tr

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Verification of documents and conveyances
Rule 3
Bill
e-Way Bill
GST – e-Way Bill – Draft Rules 13-4-2017
3. Verification of documents and conveyances
(1) The Commissioner or an officer empowered by him in this behalf may authorise the proper officer to intercept any conveyance to verify the e-way bill or the e-way bill number in physical form for all inter-State and intra-State movement of goods.
(2) The Commissioner shall get RFID readers installed at places where verifica

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Documents and devices to be carried by a person-in-charge of a conveyance
Rule 2
Bill
e-Way Bill
GST – e-Way Bill – Draft Rules 13-4-2017
2. Documents and devices to be carried by a person-in-charge of a conveyance
(1) The person in charge of a conveyance shall carry –
(a) the invoice or bill of supply or delivery challan, as the case may be; and
(b) a copy of the e-way bill or the e-way bill number, either physically or mapped to a Radio Frequency Identification Device (RFID) embedded on to the conveyance in such manner as may be notified by the Commissioner.
(2) A registered person may obtain an Invoice Reference Number from the common portal by uploading, on the said portal, a tax invoice issued by him in FORM GST I

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Information to be furnished prior to commencement of movement of goods and generation of e-way bill
Rule 1
Bill
e-Way Bill
GST – e-Way Bill – Draft Rules 13-4-2017
Chapter –
Electronic Way Bill
1. Information to be furnished prior to commencement of movement of goods and generation of e-way bill
(1) Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees –
(i) in relation to a supply; or
(ii) for reasons other than supply; or
(iii) due to inward supply from an unregistered person,
shall, before commencement of movement, furnish information relating to the said goods in Part A of FORM GST INS-01, electronically, on the common portal and
(a) where the goods are transported by the registered person as a consignor or the recipient of supply as the consignee, whether in his own conveyance or a hired one, the said person or the recipient may generate the e-way bill in FORM GST INS-1 electronically on the common porta

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urposes of this sub-rule, where the goods are supplied by an unregistered supplier to a recipient who is registered, the movement shall be said to be caused by such recipient if the recipient is known at the time of commencement of movement of goods.
(2) Upon generation of the e-way bill on the common portal, a unique e-way bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal.
(3) Any transporter transferring goods from one conveyance to another in the course of transit shall, before such transfer and further movement of goods, generate a new e-way bill on the common portal in FORM GST INS-01 specifying therein the mode of transport.
(4) Where multiple consignments are intended to be transported in one conveyance, the transporter shall indicate the serial number of e-way bills generated in respect of each such consignment electronically on the common portal and a consolidated e-way bill in FORM GST INS-02 shall be generate

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not being transported as per the details furnished in the e-way bill, the e-way bill may be cancelled electronically on the common portal, either directly or through a Facilitation Centre notified by the Commissioner, within 24 hours of generation of the e-way bill:
Provided that an e-way bill cannot be cancelled if it has been verified in transit in accordance with the provisions of rule 3.
(7) An e-way bill or a consolidated e-way bill generated under this rule shall be valid for the period as mentioned in column (3) of the Table below from the relevant date, for the distance the goods have to be transported, as mentioned in column (2):
Table
Sr. no.
Distance
Validity period
(1)
(2)
(3)
1.
Less than 100 km
One day
2.
100 km or more but less than 300km
Three days
3.
300 km or more but less than 500km
Five days
4.
500 km or more but less than 1000km
Ten days
5.
1000 km or more
Fifteen days
Provided that the Commissioner may, by notification, extend the

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CESTAT – CONTINUING?
By: – DR.MARIAPPAN GOVINDARAJAN
Goods and Services Tax – GST
Dated:- 15-4-2017

It is expected that the GST will come into effect from 01.07.2017. Section 109 to 116 of the Central Goods and Services Tax Bill, 2017 (passed by both Lok Sabha and Rajya Sabha and awaiting for the nod of the President of India) provide for the constitution of 'Goods and Services Tax Appellate Tribunal for hearing appeals against the orders passed by the Appellate Authority or the Revisional Authority and also provide the procedures for the functioning of the said Tribunal. The said Tribunal will hear appeals in respect of GST matters that will come into effect from 01.07.2017.
At present the appeals against the appellate authorities are made to CESTAT (Customs, Excise & Service Tax Appellate Tribunal). The Bill does not provide for the transfer of cases of CESTAT to the new Tribunal as done in the Companies Act, 2013 which transferred the pending cases before Company

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g cases relating to adjudications, refunds, rebates, drawback as well as export related schemes. It had increased the adjudicating powers of officials and also hiked the monetary threshold for filing cases.
The main question before us is whether 5 years time is enough for CESTAT to wipe all the appeal pending before it. The pending cases as on the appointed day i.e., 01.07.2017 may be finalized within 5 years time by the CESTAT.
The provisions of service tax and excise duty will be applicable till 30.06.2017 i.e., the previous day to the effective date from which GST will come into live.
Section 73(1) of Finance Act, 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the Central Excise Officer may, within thirty months from the relevant date, serve notice on the person chargeable with the service tax which has not been levied or paid or which has been short-levied or short-paid or the person to whom s

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under with intent to evade payment of duty, the Central Excise Officer shall, within 12[two years] from the relevant date, serve notice on the person chargeable with the duty which has not been so levied or paid or which has been so short-levied or short-paid or to whom the refund has erroneously been made, requiring him to show cause why he should not pay the amount specified in the notice.
Section 11A (4) of the Central Excise Act, 1944 provides that where any duty of excise has not been levied or paid or has been short levied or short-paid or erroneously refunded, by the reason of-
(a) fraud; or
(b) collusion; or
(c) any willful mis-statement; or
(d) suppression of facts; or
(e) contravention of any of the provisions of this Act or of the rules made there under with intent to evade payment of duty, by any person chargeable with the duty, the Central Excise Officer shall, within five years from the relevant date, serve notice on such person requiring him to show cause why

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y are going to be subsumed in GST but not customs duty. The appeals against the Appellate authorities are to be filed before CESTAT for customs matters. Unless otherwise a separate Tribunal is established for customs matters CESTAT is to be continued for ever but the number of benches may be reduced.
The Department of Revenue will take a call on the exact working of CESTAT under GST. Officials note that it may be difficult to start out with GST on an absolutely clear slate as many cases are pending with tribunals and higher courts but efforts are on to expedite as many cases as possible.
Transitional provisions regarding to CENVAT credit
In respect of the litigations relating to CENVAT credit transitional provisions are incorporated the in the CGST Bill, 2017.
Section 142(6) (a) provides that every proceeding of appeal, review or reference relating to CENVAT credit initiated whether before, on or after the appointed day under the existing law shall be disposed of in accordance with

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any output duty or tax liability initiated whether before, on or after the appointed day under the existing law, shall be disposed of in accordance with the provisions of existing law. If any amount becomes recoverable as result of such appeal, review or reference, the same shall, unless recovered under the existing law, be recovered as an arrear of duty or tax under this Act and the amount so recovered shall not be admissible as input tax credit under the Act.
If any amount found to be admissible to the claimant shall be refunded to him in cash, notwithstanding anything to the contrary contained under the provisions of existing law other than the provisions of Section 11B(2) of the Central Excise Act, 1944 and the amount rejected, if any, shall not be admissible as input tax credit under this Act.
Section 142(8) (a) provides that where in pursuance of an assessment or adjudication proceedings instituted, whether before, on or after the appointed day, under the existing law, any amo

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Draft GST Rules – Assessment and Audit
GST
Dated:- 14-4-2017

CHAPTER
ASSESSMENT AND AUDIT
1. Provisional Assessment
(1) Every registered person requesting for payment of tax on a provisional basis in accordance with the provisions of sub-section (1) of section 60 shall furnish an application in FORM GST ASMT-01, along with the documents in support of his request, electronically through the Common Portal, either directly or through a Facilitation Centre notified by the Commissioner.
(2) The proper officer may, on receipt of the application under sub-rule (1), issue a notice in FORM GST ASMT-02 requiring the registered person to appear in person or furnish additional information or documents in support of his request and the applicant shall file a reply to the notice in FORM GST ASMT – 03.
(3) The proper officer shall issue an order in FORM GST ASMT-04, either rejecting the application, stating the grounds for such rejection or allowing payment of tax on provisional

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in FORM GST ASMT-06, calling for information and records required for finalization of assessment under sub-section (3) of section 60 and shall issue a final assessment order, specifying the amount payable by the registered person or the amount refundable, if any, in FORM GST ASMT-07.
(6) The applicant may file an application in FORM GST ASMT- 08 for release of security furnished under sub-rule (4) after issue of order under sub-rule (5).
(7) The proper officer shall release the security furnished under sub-rule (4), after ensuring that the applicant has paid the amount specified in sub-rule (5) and issue an order in FORM GST ASMT-09 within a period of seven working days from the date of receipt of the application under sub-rule (6).
2. Scrutiny of returns
(1) Where any return furnished by a registered person is selected for scrutiny, the proper officer shall scrutinize the same in accordance with the provisions of section 61 with reference to the information available with him, a

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section 62 shall be issued in FORM GST ASMT-13.
(2) The proper officer shall issue a notice to an unregistered taxable person in accordance with the provisions of section 63 in FORM GST ASMT-14 containing the grounds on which the assessment is proposed to be made on best judgment basis and after allowing a time of fifteen days to such person to furnish his reply, if any, pass an order in FORM GST ASMT-15.
(3) The order of summary assessment under sub-section (1) of section 64 shall be issued in FORM GST ASMT-16.
(4) The person referred to in sub-section (2) of section 64 may file an application for withdrawal of the summary assessment order in FORM GST ASMT-17.
(5) The order of withdrawal or, as the case may be, rejection of the application under sub-section (2) of section 64 shall be issued in FORM GST ASMT-18.
4. Audit
(1) The period of audit to be conducted under sub-section (1) of section 65 shall be a financial year or multiples thereof.
(2) Where it is decided to under

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Draft GST Rules – e-Way Bill
GST
Dated:- 14-4-2017

Chapter –
Electronic Way Bill
1. Information to be furnished prior to commencement of movement of goods and generation of e-way bill
(1) Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees –
(i) in relation to a supply; or
(ii) for reasons other than supply; or
(iii) due to inward supply from an unregistered person,
shall, before commencement of movement, furnish information relating to the said goods in Part A of FORM GST INS-01, electronically, on the common portal and
(a) where the goods are transported by the registered person as a consignor or the recipient of supply as the consignee, whether in his own conveyance or a hired one, the said person or the recipient may generate the e-way bill in FORM GST INS-1 electronically on the common portal after furnishing information in Part B of FORM GST INS-01; or
(b) where the e-way bill is not generated under cl

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the movement shall be said to be caused by such recipient if the recipient is known at the time of commencement of movement of goods.
(2) Upon generation of the e-way bill on the common portal, a unique e-way bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal.
(3) Any transporter transferring goods from one conveyance to another in the course of transit shall, before such transfer and further movement of goods, generate a new e-way bill on the common portal in FORM GST INS-01 specifying therein the mode of transport.
(4) Where multiple consignments are intended to be transported in one conveyance, the transporter shall indicate the serial number of e-way bills generated in respect of each such consignment electronically on the common portal and a consolidated e-way bill in FORM GST INS-02 shall be generated by him on the common portal prior to the movement of goods:
Provided that where the consignor has not generated FO

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n the common portal, either directly or through a Facilitation Centre notified by the Commissioner, within 24 hours of generation of the e-way bill:
Provided that an e-way bill cannot be cancelled if it has been verified in transit in accordance with the provisions of rule 3.
(7) An e-way bill or a consolidated e-way bill generated under this rule shall be valid for the period as mentioned in column (3) of the Table below from the relevant date, for the distance the goods have to be transported, as mentioned in column (2):
Table
Sr. no.
Distance
Validity period
(1)
(2)
(3)
1.
Less than 100 km
One day
2.
100 km or more but less than 300km
Three days
3.
300 km or more but less than 500km
Five days
4.
500 km or more but less than 1000km
Ten days
5.
1000 km or more
Fifteen days
Provided that the Commissioner may, by notification, extend the validity period of e-way bill for certain categories of goods as may be specified therein.
Explanation.- For the purp

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nce
(1) The person in charge of a conveyance shall carry –
(a) the invoice or bill of supply or delivery challan, as the case may be; and
(b) a copy of the e-way bill or the e-way bill number, either physically or mapped to a Radio Frequency Identification Device (RFID) embedded on to the conveyance in such manner as may be notified by the Commissioner.
(2) A registered person may obtain an Invoice Reference Number from the common portal by uploading, on the said portal, a tax invoice issued by him in FORM GST INV-1, and produce the same for verification by the proper officer in lieu of the tax invoice and such number shall be valid for a period of thirty days from the date of uploading.
(3) Where the registered person uploads the invoice under sub-rule (1), the information in Part A of FORM GST INS-01 shall be auto-populated by the common portal on the basis of the information furnished in FORM GST INV-1.
(4) The Commissioner may, by notification, require a class of transporter

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hicles shall be done through such RFID readers where the e-way bill has been mapped with RFID.
(3) Physical verification of conveyances shall be carried out by the proper officer as authorized by the Commissioner or an officer empowered by him in this behalf:
Provided that on receipt of specific information of evasion of tax, physical verification of a specific conveyance can also be carried out by any officer after obtaining necessary approval of the Commissioner or an officer authorized by him in this behalf.
4. Inspection and verification of goods
(1) A summary report of every inspection of goods in transit shall be recorded online by the proper officer in Part A of FORM GST INS – 03 within twenty four hours of inspection and the final report in Part B of FORM GST INS – 03 shall be recorded within three days of the inspection.
(2) Where the physical verification of goods being transported on any conveyance has been done during transit at one place within the State or in any o

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Compositionscheme under GST
Query (Issue) Started By: – Aitha RajyaLakshmi Dated:- 14-4-2017 Last Reply Date:- 5-5-2017 Goods and Services Tax – GST
Got 6 Replies
GST
Sir,
Whether the rates prescribed (0.5%, 1%, 2.5%) for the Assesses availing Composition scheme is the final rate taxable or this is only the rates in CGST Bill and the tax rate for levy is to be doubled (CGST+SGST) i.e., 1%, 2%, 5%.
Reply By Himansu Sha:
The Reply:
It is the final rate.
Reply By Himansu Sha:
The Reply:
Others experts may also give their views
Reply By Ganeshan Kalyani:
The Reply:
The rates are including both CGST and SGST.
Reply By Aitha RajyaLakshmi:
The Reply:
Notwithstanding anything to the contrary contained in this Act but subject

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y be prescribed:
Provided that the Government may, by notification, increase the said limit of fifty lakh rupees to such higher amount, not exceeding one crore rupees, as may be recommended by the Council.
Reply By MADAN RAHEJA:
The Reply:
Provisions contained in CGST Act, 2017 relate only to CGST. As regards SGST, Acts that would be passed by different states would make provisions of CGST Act applicable mutatis mutandis. For example UTGST Act, which is applicable to Union Territories (as good as State), Section 21 states that provisions of CGST Act so far they relate to Composition shall be mutatis mutandis applicable meaning thereby that rates mentioned in CGST Act shall be applicable. In my view composition rates for CGST and SGST wou

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Tax paid on Goods lying with Agent under section 192
Query (Issue) Started By: – RAM SHARMA Dated:- 14-4-2017 Last Reply Date:- 23-5-2017 Goods and Services Tax – GST
Got 1 Reply
GST
Dear Experts,
if any goods lying at the premises of the agent on the appointed day , agent shall be entitled to take credit of the same subject to the following conditions :
*
Agent is Registered taxable Person under the act.
*
Both the agent and principal declare the detail of such goods before

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Composition Tax under CGST Bill,2017
By: – Sanjeev Singhal
Goods and Services Tax – GST
Dated:- 14-4-2017

CGST Bill,2017 under Section -10 provides that small taxpayer can opt for the scheme of composition tax instead of opting for paying tax under the regular supply of goods. Here this should be noted that this option is not available to registered person who is providing only service except supply of service mentioned in clause b of paragraph 6 of Schedule-II . By opting the composition tax scheme , one can save himself from all the hassle of exhaustive provision of GST Law. Before we switch over to related provision of this section, it is important to understand the definition of Aggregate Turnover.
As per Section 2(6) , “Aggregate Turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by person on reverse charge basis), exempt supplies , export of goods or services or both and interstate supplies

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human consumption) where supply of service is for cash , deferred payment or other valuable consideration.]
* Half percent of turnover in State or UT in case of other supplies.
The above limit of ₹ 50 lacs may be increased by government by way of notification by such higher amount but not exceeding ₹ 1 crore.
Composition scheme can not be allowed to the following taxable person;
* Not engaged in the supply of services other than mentioned in clause b of paragraph 6 of Schedule-II .
* Not engaged in supply of goods those are not leviable to tax.
* Not engaged in interstate outward supply of goods.
* Not engaged in supply of any goods through electronic commerce operator who is required to collect tax at source u/s 52.
* Not engaged in the manufacturer of such goods notified by the council.
This provision will be allowed to RP only when all registered taxable person under the same PAN opt to follow the same scheme.
Permission granted to RP shall be withdra

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ply of goods under reverse charge in Form GST CMP-03.
Intimation under this rule in state shall be deemed to be intimation to all other State or UT of business under the same PAN.
Restriction and condition for composition levy
Person exercising the option u/s 10 will need to follow the following restriction :
* Neither a casual trader or non resident can opt
* Goods held in stock on appointed day should not have been purchased from inter state trade or imported outside India, transfer from his branch outside the State, where the option is exercised under sub rule 1 of Rule 1.
* Goods held in stock have not been purchased from unregistered person and where purchased , he has paid the tax u/s 9[4].
* He shall pay tax under sub section 3 & 4 of section 9 on inward supply of goods or services from unregistered person.
* On the top of the bill supply he will mentioned ” composition taxable person”
* On every notice or signboard , he shall mention ” composition taxable person

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Returns rules dt.31.3.2017
Query (Issue) Started By: – Parineeta Singh Dated:- 13-4-2017 Last Reply Date:- 16-4-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Hello All
I have a query regarding return rules,i found it difficult to relate the section mentioned in the rules with the section given in GST Act..for eg.
Rule 1,talking about outward supplies but instead of mentioning the sec. 32,its refering to sec 38.
Kindly explain the fact.
Thanku
Reply By KASTURI SETHI:
The R

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Prez gives assent to four supporting legislations on GST
GST
Dated:- 13-4-2017

New Delhi, Apr 13 (PTI) – President Pranab Mukherjee has given assent to four key legislations on Goods and Services Tax (GST), paving the way for the roll out of one-nation-one- tax regime from July 1.
The legislations were The Central GST Act, 2017, The Integrated GST Act, 2017, The GST (Compensation to States) Act, 2017, and The Union Territory GST Act, 2017, officials said today.
These bills were passed in Rajya Sabha on April 6 and by Lok Sabha on March 29.
The GST, the biggest taxation reform since Independence, will subsume central excise, service tax, Value Added Tax (VAT) and other local levies to create an uniform market.
The Central G

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Agriculture
Query (Issue) Started By: – Rohit Gotal Dated:- 13-4-2017 Last Reply Date:- 18-4-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Sir,I take land on lease to do agriculture by forming a partnership firm.My question is.
1. under GST guidelines I hear that taking land on lease will invite tax.
2.will I be able to continue farming under a partnership firm
Rohit Goyal
Reply By Ganeshan Kalyani:
The Reply:
It is taxable in your case.
Reply By Himansu Sha:
The Reply:

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Particulars of Tax Invoice under GST
Query (Issue) Started By: – Aitha RajyaLakshmi Dated:- 12-4-2017 Last Reply Date:- 12-4-2017 Goods and Services Tax – GST
Got 1 Reply
GST
Sir,
Can anyone explain what is a Unique Quantity code which is mandated by the Draft GST rules which were passed on 31/03/2017 to be quoted on Tax Invoice
Reply By Rajagopalan Ranganathan:
The Reply:
Madam,
Rule 1 of GST – TAX INVOICE, CREDIT AND DEBIT NOTES – Draft Rules 31-3-2017
Discussion Forum – K

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GST : THE FOCUS SHIFTS FROM CENTRE TO STATES NOW
By: – Dr. Sanjiv Agarwal
Goods and Services Tax – GST
Dated:- 12-4-2017

After 29th March, 2017, 6th April, 2017 became a historic day in the journey of GST when Rajya Sabha easily passed the GST Bills after a day long debate. It is important to note that despite an eight hour long debate, Rajya Sabha did not recommend any change in the GST Bills. Perhaps, opposition parties and Congress in Particular, realized that being a Money Bill, they had not much to do. So better, be a party to the winning game rather than the party spoiler. Moreover, nation is watching the developments and Congress's approach on GST in Rajya Sabha could be just a beginning of damage control exercis

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hi kalyan cess, jute cess, coal cess, sugar cess, water cess, rubber cess, amongst others.
Now that all GST related Bills (CGST, UTGST, IGST Bills and State Compensation Bill) have been passed by both houses of Parliament, the focus now shifts to States. All 31 States including Delhi and Pondicherry have to pass the SGST Bill in their respective State legislative assemblies. It is hoped that they will do it sooner or later but sooner is better.
Though no deadline has been given to States, it is expected that they should pass the SGST Bill on ASAP basis by convening a special session. As of now, no State has passed the SGST Bill. The next Council meeting is slated to be held on 18-19 May, 2017 and it will be expected that all States pass t

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at too as a property (asset). What about the responsibility for its fair administration. He also went on record conceding or admitting that once the GST is implemented harassment of businesses by different authorities will end. What about taking action for past and present harassment ? Unfortunately, there is no provision for that in GST laws through anti-profiteering measure find place.
FM sir, not fair in a game which Government claims GST law to be a transparent, forward looking piece of tax law, futuristic and reform oriented. In fact, Government should also promise to the nation that tax rates will be reduced if there is buoyancy in tax revenue rather than enhancing revenue targets.
While the Government intends to implement GST from

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VAT on MRP.
No.V-32011/6/2015-5595/CT., Dated:- 12-4-2017 Orissa SGST – Circular
GST – States
OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES, ODISHA, CUTTACK
No.V-32011/6/2015-5595/CT.,
Dated 12/04/2017
CIRCULAR
As per the provisions of OVAT Act, some registered dealers dealing in Drugs and Pharmaceuticals and procuring the drugs and pharmaceuticals from other States by way of Interstate transfer/purchase or by way of import are paying tax at the prescribed rate on the MRP. On subsequent resale of such goods, the dealers involved in the chain i.e. wholesalers, sub-wholesalers and retailers are neither paying tax on such subsequent sale nor claiming input tax paid at the time of purchase. With introduction of GST, all the sale

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GST network free from cyber-attack and data theft
GST
Dated:- 11-4-2017

Press Information Bureau
Government of India
Ministry of Finance
11-April-2017 17:59 IST
Till 7:00 Pm on 1st March, 2017, 48,48,641 taxpayers had enrolled on GST portal (www.gst.gov.in)
Necessary steps are being taken by GSTN to ensure robust cyber security of GST Network. To ensure the same, inputs from National Cyber Security Coordinator (NCSC), officers from the Intelligence Bureau and CERT-In, have als

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Revenue Secretary, Dr. Hasmukh Adhia to leave on a four day visit to North East to review the preparedness of the North Eastern Region for GST
News and Press Release
Dated:- 11-4-2017

Press Information Bureau
Government of India
Ministry of Finance
11-April-2017 17:53 IST
The Revenue Secretary, Government of India, Dr. Hasmukh Adhia will leave on a four day visit to North East on Thursday, 13th April, 2017 in order to review the preparedness of the North East Region for the Goods and Services Tax (GST) which is estimated to be rolled-out from 1st July, 2017. This will be the First visit of the Revenue Secretary of this region after passing-out of GST related legislations by the Parliament. On the first leg of his North Eas

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Introduction of GST
GST
Dated:- 11-4-2017

Press Information Bureau
Government of India
Ministry of Finance
11-April-2017 17:50 IST
Tax on sale or purchase of goods within a State as per Entry List II of Seventh Schedule of the Constitution is a State subject, and accordingly, VAT was been introduced by the concerned States, in place of turnover taxes. The introduction of VAT ensured that credit of taxes paid on the inputs were available to a tax payer while discharging his output tax liability. This helped in minimizing cascading of taxes at the State level and in increasing compliance because of the in-built mechanism of transfer of input tax credit. VAT led to a simplification of taxes at the State level.
Presently, the

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ndustry. Firstly, there is no uniformity of tax rates and structure across States. Secondly, there is cascading of taxes due to 'tax on tax'. No credit of excise duty and service tax paid at the stage of manufacture is available to the traders while paying the State level sales tax or VAT, and vice-versa. Further, no credit of State taxes paid in one State can be availed in other States. Hence, the prices of goods and services get artificially inflated to the extent of this 'tax on tax'.
The introduction of GST would mark a clear departure from the scheme of distribution of fiscal powers envisaged in the Constitution. The proposed dual GST envisages taxation of the same taxable event, i.e., supply of goods and services, simultaneously by b

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Dealers under excise, service tax, or VAT must assess GST registration needs if turnover is below Rs. 20 lakhs.
Articles
GST
All assesses / dealers who are already registered under existing c

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