Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.
10\/2018-GST Dated:- 16-11-2018 Chhattisgarh SGST
GST – States
Circular No. 10\/2018-GST
\nOFFICE OF COMMISSIONER OF STATE TAX
\nCHHATTISGARH, ATAL NAGAR, RAIPUR
\nNo. \/CT\/Tech\/\/2018\/10820
\nAtal Nagar, Raipur Dated : 16.11.2018
\nTo,
\nSpecial Commissioner
\nAdditional Commissioners\/
\nJoint Commissioners\/Deputy Commissioners\/
\nAssistant Commissioner\/State Tax Officers\/
\nState Tax, Chhattisgarh (All)
\n………………………………………….
\nSubject: Clarifications of issues under GST related to <\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n tion as a casual taxable person (CTP) should be 100% of the estimated gross tax liability or the estimated tax liability payable in cash should be calculated after deducting the due eligible ITC which might be available to CTP? = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n e exhibition and the allotment letter\/consent letter shall be treated as the proper document as a proof for his place of business. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.10\/2018-GST Dated:- 16-11-2018 Chhattisgarh SGSTGST – StatesCircular No. 10\/2018-GST OFFICE OF COMMISSIONER OF STATE TAX CHHATTISGARH, ATAL NAGAR, RAIPUR No. \/CT\/Tech\/\/2018\/10820 Atal Nagar, Raipur Dated : 16.11.2018 To, Special Commissioner Additional Commissioners\/ Joint … Continue reading “Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15349","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15349"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/15349\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\n1. It has been noted that while applying for registration as a casual taxable person, the FORM GST REG-1 (S. No.11) seeks information regarding the “estimated net tax liability” only and not the gross tax liability.
\n2. It is accordingly clarified that the amount of advance tax which a casual taxable person is required to deposit while obtaining registration should be calculated after considering the due eligible ITC which might be available to such taxable person.
\n2.
\nAs per section 27 the Chhattisgarh Goods and S<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n3. In such cases he would not be required to pay advance tax for the purpose of registration.
\n4. He can surrender such registration once the exhibition is over.
\n3.
\nRepresentations have been received regarding the manner of recovery of excess credit distributed by an Input Service Distributor (ISD) in contravention of the provisions contained in section 20 of the CGGST Act.
\n1. According to Section 21 of the CGGST Act where the ISD distributes the credit in contravention of the provisions contained in section 20 of the CGGST Act resulting in excess distribution of credit to one or more recipients of credit, t<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n