Compendium of GST Brochures (updated as on November, 2022)
GST
Dated:- 24-11-2022
=============
\nDocument 1
\nIf the refund claim is less than Rs. 2 lakh, there is no need for the
\nclaimant to furnish any documentary evidence to prove that he has
\nnot passed on the incidence of tax to any other person. Refund of
\ninput tax credit is allowed in case of exports or where the credit
\naccumulation is on account of inverted duty structure (i.e. where
\nthe tax rate on output is higher than that on inputs), barring few
\nexceptions.
\n6. Demands
\nA new concept of sunset clause for tax disputes has been introduced
\nin GST. It provides that Adjudication Order shall be issued within 3
\nyears of due date of filing of annual return in normal cases and the
\ntime limit is 5 years (from the due date of filing of annual return)
\nin fraud\/suppression cases. Show Cause Notice will have to be
\nissued at least 3 months prior to the time limit prescribed for issue
\nof adjudication order in normal c<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ance Ruling can be sought not only for new activities = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n s on: = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n e has been formulated for = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n of CGST and SGST or UTGST, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nThe physical interface between the taxpayer and the tax = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n Input Service = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n INGS = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ing a set-off of prior-stage = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n o visit = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n s of GST = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ffect from 01st July, 2017 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n d under Section 54(3) of the = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ide = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n various issues to facilitate trade: = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ervices' as per the present provisions = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n rtered Accountant\/ Cost Accountant. This = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ng = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n en capped, per return, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ient = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n y scheme, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n Tax has the potential to boost revenue for the = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n Services = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n rnover is computed on All India basis for a person = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n on engaged in manufacturing of goods notified under = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n manner; = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n r finished goods held in stock by = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n turn in FORM GSTR-3B, it is found that = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \n************ = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n e Annual Turnover exceeds = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n st month of the quarter. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n esires to avail ITC in = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n tal for generating a pre-filled challan in FORM GST PMT-06 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n the taxpayer for any other purpose till the filing of = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a4\u00c2\u00be = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n GSTN. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ,000\/- (1,000\/- CGST + Rs. 1,000\/- SGST) per return = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n d to the extent of the net tax liability i.e. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n after the said = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n STR-3B giving the summary of supplies along with payment of = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n icraft = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nPaper mache articles = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ved stone products (including statues, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n filigree work = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n tax under composition levy. He has to apply for = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n on is sought. The registration certificate shall = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n of the validity period of registration, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n icindia = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n a notified person = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n screens = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \u00e2\u00e2\u0080\u009a\u00ac\u00c2\u00a2 \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n goods at different = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n clause (a), has not = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n oughout the country. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ation in case of minor typographical mistakes: = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n t, return filing etc. and same is = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n person = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n r rejection of the consignment covered by the e-Way Bill. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nBill To = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n State movement but intra- = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n her “A” or “B” = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n irit (commonly known as petrol), natural gas or aviation turbine = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n so be exempted under the CGST Rules. The SGST\/UTGST Rules are = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n he rules provide that any transporter = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n nt. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n payers ensuring tax compliance in the = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n or an agriculturist, to the extent of = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n Proper Officer, the = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ng days from the date of the service of the notice = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n also unit in domestic = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ial year is above the specified exemption = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ng supplies of specified = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n other analysis, as may be carried out = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n in the registration = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n the date preceding to the date with = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n thorities are required to register separately as a = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nAny specialised agency of the United Nations Organisation or any = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n business in the = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n her reason after = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ed 26.03.2018. Circular No. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n s well as the principal supplier who sends goods for job = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n one year and three = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n nt = = = = = = = =<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nbut also for existing activities. The facility of appeal,
\nwhich was not there under the earlier Central laws, has
\nbeen provided in the GST Law.
\n(c) The applicants or the Department, if aggrieved by the
\nAdvance Ruling, would henceforth get the opportunity
\nto file an appeal before the Appellate Authority of
\nAdvance Ruling. Advance Ruling can be obtained more
\n(a) Electronic invoicing system has been introduced for
\ntaxpayers with Aggregate Annual Turnover of more than
\n500 Cr from 01st October, 2020 for B2B transactions
\nand for export invoices. The same was extended for
\ntaxpayers with Aggregate Annual Turnover of more than
\n* 100 Cr from 01st January, 2021. Further, the same has
\nbeen extended for taxpayers with Aggregate Annual
\nTurnover of more than 50 Cr from 01st April, 2021, and
\nfor taxpayers with Aggregate Annual Turnover of more
\nthan 20 Cr from 01st April, 2022 and for taxpayers with
\nAggregate Annual Turnover of mor<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n@cbicindia
\n@cbicindia
\n@CBIC INDIA
\nMinistry of Finance
\nGovernment of India
\n756
\nAzadi Ka
\nAmrit Mahotsav
\nGST
\nGOODS AND SERVICES TAX
\nOverview
\nof GST
\n(Updated as on November 2022)
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a6\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0 \u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00ad\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\nGOVERMENT OF INDIA
\n| \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\n6
\nOverview of GST
\nThe salient features of GST are as under:
\n(a) GST is applicable on the supply of goods or services as
\nagainst the earlier concepts of tax on the manufacture
\nor sale of goods or provision of services. It is a
\ndestination-based consumption tax. This means that
\ntax would accrue to the State or the Union Territory
\nwhere the consumption takes place.
\n(b) GST applies to all goods other than alcoh<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nsmall businessmen being supplier of goods
\nand supplier of restaurant services. Under the
\nscheme, person with Aggregate Annual Turnover up
\nto 1.5 Cr (*75 Lakh in States of Arunachal Pradesh,
\nManipur, Meghalaya, Mizoram, Nagaland, Sikkim,
\nTripura and Uttarakhand) needs to pay tax equal
\nto 1% to 5% on his Aggregate Annual Turnover and
\nneeds to file his returns annually with quarterly
\npayment from FY 2019-20.
\n2
\n\u00e2\u00e2\u0082\u00ac\u00a2
\nComposition scheme has been made available
\nfor suppliers of services (to those who are not
\neligible for the Composition Scheme mentioned
\nin (a) above) with a tax rate of 6% (3% CGST + 3%
\nSGST) having an Aggregate Annual Turnover in
\nthe preceding FY up to 50 Lakh. They would be
\nliable to file one Annual Return with quarterly
\npayment of taxes. This has been made effective
\nfrom 01st April, 2019.
\nA taxpayer opting for composition levy is not
\nallowed to collect any tax from his customers
\nnor is he entitled to claim any input tax
\nc<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nas the case may be, in any order. Further, input tax
\ncredit on account of CGST, SGST or UTGST shall be
\nutilised towards payment of IGST, CGST, SGST or
\nUTGST, as the case may be, only after the input tax
\ncredit available on account of integrated tax has first
\nbeen utilised fully.
\n(g) GST is largely technology-driven. It reduces the
\nhuman interface to a great extent and this would
\n3
\nlead to speedy decisions.
\n(h) GST has given a major boost to the 'Make in India'
\ninitiative of the Government of India by making
\ngoods and services produced in India competitive in
\nthe National as well as International market. Also, all
\nimported goods are charged Integrated Tax (IGST)
\nwhich is equivalent to Central GST + State GST. This
\nbrings equality with taxation on domestic products.
\n(i) Under the GST regime, Exports and supplies to SEZ
\nare treated as zero-rated supplies. This ensures
\nboosting of Indian exports in the international
\nmarket thus improving the<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nauthorities is minimal under GST. Certain important provisions
\nin this regard are as under:
\n(a) There is cross-empowerment of officers belonging
\nto Central and State Governments. Officer of CGST
\nhave been empowered to act as proper officer of
\nSGST and vice versa. The taxpayer has to interact
\nwith only one authority.
\n4
\n(b) Registration is granted online and shall be deemed to
\nhave been granted if no deficiency is communicated
\nto the applicant within seven working days by
\nthe tax administration which has been allotted
\nthe examination of the application. If Aadhaar
\nauthentication is not done by the applicant or if the
\nauthentication fails, registration would be granted
\nafter physical verification of business premises
\nwithin 30 days.
\n(c) Taxable person shall himself assess the taxes payable
\n(self-assessment) and credit it to the account of the
\nGovernment. The return filed by the tax payer would
\nbe treated as sel<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nDistributor (ISD).
\nRefund
\nTime limit for claiming online refund has been kept at two
\nyears. Refund is granted within 60 days from the date of
\nreceipt of complete application. Interest is payable if refund
\nis not sanctioned within the stipulated period of 60 days.
\n5
\nBenefits of GST
\nGST
\nBenefits of GST
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\nMinistry of Finance
\nGovernment of India
\n75
\nAzadi Ka
\nAmrit Mahotsav
\nGST is largely technology driven. The interface of the
\ntaxpayer with the tax authorities is through the common
\nportal (GSTN). There are simplified and automated
\nprocedures for various processes such as registration,
\nreturns, refunds, tax payments, etc. All processes, be it
\nof applying for registration, filing of returns, payment of
\ntaxes, filing of refund claims etc., are online through GSTN.
\nThe input tax credit is verified online. Electronic matching
\nof input tax credit across India makes the process more
\ntranspa<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nBENEFITS
\nFOR ALL
\n7
\nb
\nNation
\nTax
\nMarket
\nST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nPlease scan for download
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\nFollow us on:
\n@cbicindia
\n@cbic_india
\n@cbic
\nO@cbicindia
\n@CBIC INDIA
\nGST
\nGOODS AND SERVICES TAX
\nBENEFITS
\n(Updated as on November 2022)
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a4\u00c2\u00be
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00c2\u00b2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\nCT TAXES AND CL
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\nGOVER INDIA
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ntaxes for the transactions across the entire value chain,
\nGST mitigates all the ill effects of cascading and thereby
\nimproves competitiveness in the markets, in India and
\nacross globe.
\nGST is a destination based consumption tax. It has been
\ndesigned in such a manner that tax is collected at every
\nstage, with the credit of tax paid at the previous stage
\navailable to set off against the tax to be paid at the stage
\nof transaction, thereby eliminating cascading effect of
\ntaxes on prices of goods and services. This eradicates
\ntax on tax and allows cross utilization of input tax credit
\nwhich benefit the business and commerce by making
\nthe entire supply chain tax neutral.
\nGST has given a major boost to the 'Make in India'
\ninitiative of the Government by making goods or
\nservices produced or provided in India competitive
\nin the national and international markets. Further,
\nall imported goods are being charged integrated tax
\n(IGST) which is more or <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nthe office for the above purpose.
\nGST has brought buoyancy to the Government Revenue
\nby widening the tax base and improving the taxpayer
\ncompliance.
\nGST prevents cascading of taxes by providing a
\ncomprehensive input tax credit mechanism across
\nthe entire supply chain. Such a seamless availability
\nof Input Tax Credit across goods or services at every
\nstage of supply has enabled streamlining of business
\noperations. The national e-way bill for movement of
\ngoods anywhere in India without any barrier has unified
\nthe all India supply chain mechanism.
\nUniform GST rates for goods and services have reduced
\nthe incentive for evasion by eliminating rate arbitrage
\nbetween neighbouring States and that between intra
\nand inter-State sales.
\nHarmonization of laws, procedures and rates of tax has
\nmade compliance easier and simple. There are common
\ndefinitions, common forms\/ formats, common interface
\nthrough common portal (GSTN) resulting in efficiencies
\nand synergies across <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nPlease scan for download
\nGST
\nGOODS AND SERVICES TAX
\nLatest Updates
\nin GST
\n(Updated as on November 2022)
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\nFollow us on:
\n@cbic_india
\nf@cbicindia
\n@cbic
\nO@cbicindia
\n@CBIC INDIA
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a6\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a4\u00c2\u00be
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00c2\u00b2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2
\nRECT TAXES AND CUSTO
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00ad\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\nFINDIA
\nGOVERNMENT OF
\n\u00e2\u00e2\u0082\u00ac\u00a2 \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nhas been made in Section 50 of CGST Act, 2017 by Finance
\nAct, 2022 notified vide Notification No. 09\/2022-Central Tax
\ndated 05.07.2022 to provide that interest is required to be
\npaid on the wrongly availed ITC only when the same has
\nbeen availed as well as utilized. CGST Rules, 2017 have also
\nbeen amended vide Notification No. 14\/2022-Central Tax
\ndated 05.07.2022 to provide for the manner of calculation
\nof interest under Section 50 of CGST Act.
\n(b) In addition to this, rate of interest on wrongly availed and
\nutilized ITC has also been reduced to 18% from 24% with
\nretrospective effect from 01st July, 2017 by Finance Act,
\n2022.
\n(c) Circular No 162\/18\/2021-GST dated 25.09.2021 has been
\nissued to clarify that:
\n(i) the term “subsequently held\u00c3\u00a2\u00c2\u009d\u00c5\u00be covers both
\nthe cases where the inter-state or intra-
\nstate supply, is either subsequently found by
\ntaxpayer himself as intra-state or inter-state
\nrespectively or where it is subsequently held
\nby the<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nIGST Act from availment of refund of accumulated
\nITC. The goods, which are not subject to any export
\nduty and having NIL rate specified in schedule or any
\ncustoms notification, would be out of restriction
\nprovided under section 54(3) of the CGST Act.
\nClarification in respect of refund under Section 77 of CGST Act
\nSection 19 of IGST Act where an intra state supply is subsequently
\nheld as inter-state supply and vice versa:
\n(a) Section 77 of CGST Act provides for refund of amount, paid
\nas CGST and SGST in respect of supplies made considering
\nintra-state supply, which are subsequently held as inter-
\nstate supply. Similar provision exists in Section 19 of IGST
\nAct. Disputes have been raised regarding time limit for
\nfiling such refunds.
\n(b) CGST Rules has been amended vide Notification No.
\n35\/2021-Central Tax dated 24.09.2021, and Rule 89(1A) has
\nbeen inserted in CGST Rules to provide:
\n(i) Procedure for filing such refund claims;
\n(ii) Such refu<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nNotification No. 14\/2022-Central Tax dated 05.07.2022 to
\nprovide for transmission of such IGST refund claims on
\nthe portal in a system generated FORM GST RFD-01 to
\nthe jurisdictional GST authorities for processing in a time-
\nbound manner.
\nOther facilitation measures:
\n(a) UPI & IMPS has been provided as an additional mode for
\npayment of Goods and Services Tax to taxpayers under
\nRule 87(3) of the CGST Rules, 2017 to facilitate taxpayers
\nand to further encourage digital payment.
\n(b) Threshold for mandatory issuance of e-invoice has been
\nreduced to 20 Cr from 01st April, 2022. This threshold limit
\nis further reduced to 10 Cr with effect from 01.10.2022.
\nData from e-invoice is auto populated in FORM GSTR-
\n1 & FORM GSTR-3B of the taxpayer, thereby easing the
\nprocess of return filing by reducing the time taken in filing
\nthe returns.
\n(c) Amendment has been made in CGST Act, 2017 by Finance
\nAct, 2022 notified vide Notification No. 09\/2022-Central
\nTax dated 05.07.2022 to <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(a) Following circulars have been issued to remove ambiguity
\nand to avoid any legal disputes on various issues:
\n\u00e2\u00e2\u0082\u00ac\u00a2 Clarification has been issued vide Circular No.
\n173\/05\/2022-GST dated 06.07.2022 clarifying the issue
\nof claiming refund under inverted duty structure
\nwhere the supplier is supplying goods under some
\nconcessional notification.
\n\u00e2\u00e2\u0082\u00ac\u00a2 Clarification has been issued vide Circular No.
\n172\/04\/2022-GST dated 06.07.2022 clarifying the
\nfollowing GST related issues:
\n(i) To provide the clarification that ITC is not barred in
\ncases where employers are providing goods and
\nservices to their employees which are obligatory for
\nthem under any law in force for the time being.
\n(ii) To provide the clarification that perquisites provided
\nby the employer to the employee in terms of
\ncontractual agreement entered into between the
\nemployer and the employee, will not be subjected
\nto GST when the same are provided in terms of the
\ncontra<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nof the IGST Act.
\nClarification relating to export of services- condition (v) of the
\nSection 2(6) of the IGST Act, 2017 (establishment of distinct
\nperson):
\nDue to ambiguity in interpreting the term “establishment of
\ndistinct person” in Explanation 1 under Section 8 of the IGST Act,
\n2017, Circular No. 161\/17\/2021-GST dated 20.09.2021 has been
\nissued to clarify that
\n\u00e2\u00e2\u0082\u00ac\u00a2
\nA person incorporated in India under the Companies
\nAct, 2013 and a foreign company, i.e. a person
\nincorporated under the laws of any other country are to
\nbe treated as separate legal entities and would not be
\nconsidered merely establishments of distinct persons
\nunder Explanation 1 of Section 8 of IGST Act, 2017.
\nSupply between such persons would not be barred by
\nthe condition (v) of the sub-section (6) of the section 2
\nof the IGST Act 2017 for being considered as export of
\nservices.
\nClarification on various issues in GST:
\n(a) Circular No. 160\/16\/2021-GST dated<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\namendment is applicable for the Annual return for the FY
\n2020-21.
\n(b) The above changes have been notified w.e.f. 01st April,
\n2021.
\n(c) Requirement of furnishing annual return in FORM GSTR-9
\nhas been waived for the taxpayers with Aggregate Annual
\nTurnover up to 2 Cr for financial year 2020-21. This waiver\/
\nexemption has been further extended for FY 2021-22.
\n(d) Requirement of furnishing reconciliation statement in
\nFORM GSTR-9C has been waived for the taxpayers with
\nAggregate Annual Turnover upto Rs.5 Cr for FY 2020-21.
\nReduced frequency of filing ITC-04:
\n(a) Presently, taxpayers are required to file FORM GST ITC-04,
\non quarterly basis, containing details of all goods sent to
\njob worker and received from job worker.
\n(b) Amendment in Rule 45(3) of CGST Rules 2017 has been
\nmade so as to allow:
\nTaxpayers, whose annual aggregate turnover in
\npreceding financial year is above 5 Cr, shall furnish
\n8
\nmade by utilization of the amount <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nof refund application in FORM GST RFD-01 till the
\ndate of issuance of Deficiency Memo (DM) in FORM
\nGST RFD-03, for the purpose of computation of time,
\nwithin which the refund claim can be filed, i.e. for
\nlimitation of time in respect of such fresh refund
\nclaim filed after rectification of deficiencies.
\nThis will help taxpayers in filing such fresh refund
\nclaims after removing deficiencies, without getting
\ntime barred due to time taken in issuance of
\ndeficiencies by the tax officers.
\nAmnesty Scheme to provide relief to taxpayers regarding
\nlate fee for pending returns:
\n(a) To provide relief to the taxpayers, especially smaller
\ntaxpayers, from high amount of late fee accumulated
\non pending GSTR-3B returns, a late fee amnesty
\nscheme has been brought out in respect of pending
\nreturns in FORM GSTR-3B for the tax periods from
\nJuly 2017 to April 2021.
\n5
\n(b) Late fee has been reduced \/ waived in respect of
\npending returns in FORM GSTR3B for the tax periods
\nfrom July 201<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nas below:
\n(i) For taxpayers having nil tax liability in GSTR-
\n3B or nil outward supplies in GSTR-1, the late
\nfee has been capped at Rs. 500 (Rs. 250\/- CGST +
\n*250\/- SGST) per return
\n(iii) For other taxpayers:
\nFor taxpayers having Annual Aggregate
\nTurnover (AATO) in preceding year up
\nto 1.5 Cr, late fee has been capped to
\na maximum of 2000\/- (1,000\/- CGST +
\n1,000\/- SGST) per return;
\n\u00e2\u00e2\u0082\u00ac\u00a2
\nFor taxpayers having AATO in preceding
\nyear between 1.5 Cr to 5 Cr, late fee has
\nbeen capped to a maximum of Rs.5,000\/- (*
\n2,500\/- CGST +2,500\/- SGST) per return;
\nFor taxpayers having AATO in preceding
\nyear above 5 Cr, late fee has been capped
\nto a maximum of Rs.10,000\/- (Rs. 5,000\/- CGST
\n+ Rs. 5,000\/- SGST) per return.
\nThe late fee for delay in furnishing of FORM GSTR-
\n4 by composition taxpayers has been capped to
\n500\/- (250\/- CGST + Rs.250\/- SGST) per return, if tax
\nliability is nil in the return, and Rs.2,000\/- (Rs. 1,000\/-
\nCGST + Rs. 1,000\/- SGST) p<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nhas defaulted in furnishing returns for 2 or more tax
\nperiods.
\n6
\n7
\n(c) Every Composition taxpayer has to furnish a quarterly
\nstatement containing the details of payment of self-assessed
\ntax in FORM GST CMP-08, till the 18th day of the month
\nsucceeding such quarter.
\n(d) The taxpayer need to furnish a yearly return in FORM GSTR-4,
\ntill the 30th day of April following the end of such financial year.
\nAction for wrongly opting the scheme or for contravention of any
\nprovision of the scheme:
\n(a) In the scenario, when the proper officer has reason to believe
\nthat the registered person has wrongly opted for the scheme
\nor he has contravened the provisions of the scheme, then he
\nwill seek a reply by issuing a show cause notice to such person
\nin the FORM GST CMP-05. This notice is to be replied within
\n15 days of receipt of the same. Thereafter within 30 days of
\nreceipt of reply, officer has to issue an order in FORM GST
\nCMP-07, either accepting the reply or denying the opt<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nquarterly payment of tax and yearly filing of return have been
\nprescribed. This will ease the compliance burden for SMEs,
\nand they can focus more on their business rather than getting
\noccupied in compliance procedures.
\n(b) Reduce tax liability: Another advantage of being registered
\nwith Composition Levy scheme is the rate structure. While
\nmost of the services fall under either 12% or 18% GST bracket,
\nComposition service providers need to pay only 6% of supplies
\nmade by them.
\n6
\n(c) High Liquidity: For normal taxpayers, most of the working
\ncapital is blocked as Input Tax Credit because the taxpayer can
\navail ITC only if his supplier has filed the return. The supplier has
\nto pay tax at standard rate and the Credit of Input Tax will be
\navailed only when his supplier files the return. In Composition
\nLevy scheme, the taxpayer need not worry about his supplier
\nfiling return as he cannot take the credit and will pay tax at
\nnominal rate.
\nLimitations of GST Compositi<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ngovernment, lower the budget deficit, which means more funds will
\nbe generated to spend on the welfare of the society and people.
\nThere will always be a section of traders, dealers or taxpayers who will
\nfind it difficult to maintain books of accounts or fulfil the compliance
\nrequirements of tax laws. This may happen due to the small size of
\ntheir business or due to the nature of their business. To give benefit
\nto these businesses, Composition Levy scheme has been launched for
\nsuch small taxpayers.
\nThe scheme is quite beneficial to small suppliers and intra-state local
\nsuppliers as it prevents them from various procedural compliances
\nand gives a hassle free working environment. In pre-GST era, to make
\ncompliances better for small businesses, States have provisions in
\ntheir VAT law about the Composition Levy scheme. Similarly, even in
\nGST, Composition Levy scheme has been introduced to safeguard the
\ninterests of small busines<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\nComposition Levy Scheme under GST law
\nThe Composition Levy is an alternative method of levy of tax designed for
\nsmall taxpayers whose turnover is up to prescribed limit. The objective
\nof Composition Levy scheme is to bring simplicity, ease the compliance
\nburden and reduce cost of compliance for the small taxpayers. The
\nscheme is optional. It essentially provides for a turnover tax regime for
\nsuch taxpayers, with facility for filing of return on annual basis along
\nwith quarterly payment of tax. Under this scheme, a registered taxable
\nperson, whose Aggregate Annual Turnover has not exceeded
\n1.50 Cr
\nin case of goods (Rs. 75 Lakh in case of Uttarakhand and 7 North Eastern
\nStates) in the previous financial year, may opt for this scheme.
\nComposition Levy scheme has been made available for suppliers of
\nservices (to those who are otherwise not eligible under Section 10(1)
\nof the CGST Act) with a tax rate of 6% <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nhaving same Permanent Account Number (PAN). It is sum of value of all
\noutward supplies falling in the following four categories:
\n(a) Taxable supplies;
\n(b) Exempt supplies;
\n(c) Exports of goods\/services;
\n(d) Inter-state supplies;
\nbut excludes:
\n(e) the value of inward supplies on which tax is payable by a person
\non reverse charge basis;
\n(f) taxes including cess paid under GST law;
\n(g) the value of exempt supply of services provided by way
\nof extending deposits, loans or advances in so far as the
\nconsideration is represented by way of interest or discount.
\n2
\nRegistration and Intimation under the scheme:
\n(a) Registration under GST law is compulsory for opting for this
\nscheme.
\n(b) A person who was not registered under existing law but applies
\nfor fresh registration may opt for the scheme by providing
\nnecessary information under Part-B of FORM GST REG-01.
\n(c) Any registered person who wants to opt for Composition Levy
\nh<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nSection 10 (2) (e) of the CGST Act 2017.
\nRate of Tax under the scheme:
\nThere are different rates prescribed for three different category of
\nsuppliers.
\n(a) An eligible manufacturer has to pay 1% (0.5% CGST + 0.5% SGST\/
\nUTGST) of turnover in a state or Union Territory, as the case may
\nbe.
\n(b) All eligible service providers (or goods and service suppliers) have
\nto pay 6% (3% CGST + 3% SGST \/ UTGST) of turnover in a State or
\nUnion Territory, as the case may be.
\n(c) An eligible person engaged in making supplies mentioned in
\nclause (b) of para 6 of Schedule II of the CGST Act (provider of
\nrestaurant Service) has to pay 5% (2.5% CGST + 2.5% SGST\/UTGST)
\nof turnover in a state or Union Territory, as the case may be.
\n(d) All other eligible suppliers (i.e. traders) have to pay 1% (0.5% CGST
\n+ 0.5% SGST\/UTGST) of the taxable turnover in a State or Union
\nTerritory, as the case may be.
\nBill of Supply:
\nA taxable person opting for <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(b) pay all taxes on purchases including taxes to be paid on reverse
\ncharge basis, if any;
\n(c) don't claim Input Tax Credit of purchases;
\n(d) mention the words “Composition Taxable Person” on every
\nnotice board or signboard displayed at the prominent place at his
\nevery place of business;
\n(e) withdraw from the scheme if not eligible.
\n(c) A person engaged in providing inter-state supply of goods and Validity of the Composition Levy scheme:
\nservices or both;
\n(d) A person engaged in supply of non-taxable goods i.e. goods
\nwhich are not taxable under GST law;
\n(e) A person engaged in supply of goods through an Electronic
\nCommerce Operator (ECO) who is required to collect Tax at
\nsource under Section 52 of the CGST Act;
\n3
\nA person opting for the Composition Levy scheme can continue to pay tax
\nunder the said scheme as long as he\/she satisfies the eligibility criteria and
\nconditions related to the scheme.
\n4
\nConditions which may render a person ineligible for the schem<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nhim on the date on which the option is withdrawn. The said
\nstatement has to be submitted on the common portal within
\n30 days from the date of withdrawal.
\n(e) He shall be entitled to take credit of input tax in respect of
\ninputs held in stock, inputs contained in semi-finished or
\nfinished goods held in stock and on capital goods on the day
\nimmediately preceding the date from which he becomes
\nliable to pay tax as normal taxpayer under Section 9 of the
\nCGST Act, 2017.
\nFiling of Intimation \/ Statement \/ Return:
\n(a) The eligible existing registrants eligible can opt in Composition
\nLevy scheme by submitting FORM GST CMP 02 on common
\nportal. The new registrant can opt in Composition Levy
\nscheme for services at the time of submitting application for
\nregistration in FORM GST REG 01 on common portal.
\n(b) At the time of opt in Composition Levy scheme by existing
\ntaxpayer, a statement in FORM GST ITC 03 need to be filed
\nby him for reversing the c<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nin any or both of the first two months of the quarter, the
\ntax liability net of available credit on the supplies made \/
\nreceived was higher than the amount paid in challan,
\nthen, no interest would be charged provided they deposit
\nsystem calculated amount for each of the first two months
\nand discharge their entire liability for the quarter in the
\nFORM GSTR-3B of the quarter by the due date.
\nIn case such payment of tax by depositing the system
\ncalculated amount in FORM GST PMT-06 is not done by due
\ndate, interest would be payable at the applicable rate, from
\nthe due date of furnishing FORM GST PMT-06 till the date
\nof making such payment.
\nFurther, in case FORM GSTR-3B for the quarter is furnished
\nbeyond the due date, interest would be payable as per the
\nprovisions of Section 50 of the CGST Act on the tax liability
\nnet of ITC.
\n(b) For registered person making payment of tax by opting Self-
\nAssessment Method: Interest amount would be <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n1 of
\nGST
\nQRMP Scheme
\nNation
\nTax
\nMarket
\nST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nPlease scan for download
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\nMinistry of Finance
\nGovernment of India
\n75
\nAzadi Ka
\nAmrit Mahotsav
\nGST
\nGOODS AND SERVICES TAX
\nQRMP
\nScheme
\n(Updated as on November 2022)
\n6
\n7
\nFollow us on:
\n@cbicindia
\n@cbic_india
\n@cbic
\n@cbicindia
\n@CBIC INDIA
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0 \u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a4\u00c2\u00be
\nCT TAXES AND C
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00ad\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be
\nGOVERNO INDIA
\n| \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\nQRMP Scheme
\nAn introduction:
\nAs a trade facilitat<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n5 Cr during any quarter in the current financial year, the registered
\nperson shall not be eligible for the Scheme from the next quarter.
\nEligibility for the Scheme:
\n(b)
\nbe available from first day of second month of preceding quarter to
\nthe last day of the first month of the quarter.
\n(d) Registered persons are not required to exercise the option every
\nquarter. Where such option has been exercised once, they shall
\ncontinue to furnish the return as per the selected option for future
\ntax periods, unless they revise the said option.
\n(e)
\n(f)
\n(g)
\nAll persons who have obtained registration during any quarter or
\nthe registered persons opting out from paying tax under Section
\n10 of the CGST Act during any quarter shall be able to opt for the
\nScheme for the quarter for which the opting facility is available on
\nthe date of exercising option.
\nSuch registered person, whose Aggregate Annual Turnover crosses
\n*5 Cr during a quarter in current financial yea<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nIn order to exercise this option, the registered person must have
\nfurnished the last return, as due on the date of exercising such
\noption.
\nFor example: A registered person intending to avail the Scheme
\nfor the quarter 'July to September' can exercise his option during
\n1st of May to 31st of July. If he is exercising his option on 27th July
\nfor the quarter (July to September), in such case, he must have
\nfurnished the return for the month of June which was due on
\n22nd\/24th July.
\n(c) Similarly, the facility for opting out of the Scheme for a quarter will
\n2
\nCGST Act:
\n(a)
\n(b)
\nThe registered person opting for the Scheme would be required to
\nfurnish the details of outward supply in FORM GSTR-1 quarterly as
\nper the Rule 59 of the CGST Rules.
\nFor each of the first and second months of a quarter, such a
\nregistered person will have the facility (Invoice Furnishing Facility-
\nIFF) to furnish the details of such outward supplies to a registered
\nperson, as<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nthat month itself. Details of these two invoices may be furnished
\nusing IFF. The details of the remaining 8 invoices shall be furnished
\nin FORM GSTR-1 of the said quarter. The two invoices furnished in
\nIFF shall be reflected in FORM GSTR-2B of the concerned recipient
\nof the first month of the quarter and remaining eight invoices
\nfurnished in FORM GSTR-1 shall be reflected in FORM GSTR-2B of
\nthe concerned recipient of the last month of the quarter. The said
\nfacility would however be available, say for the month of July, from
\n1st August till 13th August. Similarly, for the month of August, the
\nsaid facility will be available from 1st September till 13th September.
\nIt is re-iterated that the IFF is not mandatory and is only an optional
\nfacility made available to the registered persons under the QRMP
\nScheme.
\nThe details of invoices furnished using the IFF in the first two months
\nare not required to be furnished again in FORM GSTR-1. Accordingly,
\nthe d<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nfor an amount equal to thirty-five per cent of the tax paid in
\ncash in the preceding quarter where the return was furnished
\nquarterly; or equal to the tax paid in cash in the last month
\n4
\n(b)
\n(c)
\nof the immediately preceding quarter where the return
\nwas furnished monthly.
\nMonthly tax payment through this method would not
\nbe available to those registered persons who have
\nnot furnished the return for a complete tax period
\npreceding such month. A complete tax period means
\na tax period in which the person is registered from the
\nfirst day of the tax period till the last day of the tax
\nperiod.
\nSelf-Assessment Method: The said person, in any case,
\ncan pay the tax due by considering the tax liability on
\ninward and outward supplies and the input tax credit
\navailable, in FORM GST PMT-06. In order to facilitate
\nascertainment of the ITC available for the month, an
\nauto-drafted input tax credit statement has been made\n<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nreturn for the quarter.
\nQuarterly filing of FORM GSTR-3B:
\nSuch registered persons would be required to furnish FORM GSTR-
\n3B, for each quarter, on or before 22nd or 24th day of the month
\nsucceeding such quarter. In FORM GSTR-3B, they shall declare the
\nsupplies made during the quarter, ITC availed during the quarter
\n5
\n(e) Charging of interest on net cash liability w.e.f. 01.07.2017.
\nCouncil's decision in its 45th meeting, to apply the same for
\nineligible ITC availed and utilized.
\n(f) Requirement of filing FORM GST ITC-04 under Rule 45 (3) of the
\nCGST Rules has been relaxed as under:
\n\u00e2\u00e2\u0082\u00ac\u00a2
\n\u00e2\u00e2\u0082\u00ac\u00a2
\nTaxpayers whose Aggregate Annual turnover in
\npreceding financial year is above 5 Cr shall furnish
\nFORM ITC-04 once in six months;
\nTaxpayers whose Aggregate Annual turnover in
\npreceding financial year is upto Rs. 5 Cr shall furnish
\nFORM ITC-04 annually.
\n(g) Export related clarifications have been issued vide Circulars\n<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nND CUS
\n1 Yor
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00ad\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\nGOVERNMENT OF
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5
\nINDIA
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\nPolicy Initiatives For MSMEs
\n1. In general, GST Law provides for beneficial treatment of
\nsmall taxpayers through various provisions of the Act.
\n(a) No registration required for inter-state and intra-state supply
\nof services upto Rs. 20 Lakh (Rs. 10 Lakh for States of Manipur,
\nMizoram, Nagaland and Tripura).
\n(b) No registration required for intra-state supply of goods upto
\n40 Lakh (20 Lakh in the States of Arunachal Pradesh,
\nManipur, Meghalaya, Mizoram, Nagaland, Puducherry,
\nSikkim, Telangana, Tripura and Uttarakhand) w.e.f.
\n01.04.2019.
\n(c) Tax on advance received for supply of goods has been<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(h) Grievance Redressal Committees (GRC) have been
\nconstituted at Zonal\/State level with both CGST and SGST
\nofficers including representatives of trade and industry and
\nother GST stakeholders (GST practitioners and GSTN etc.).
\nThese committees addresses grievances of specific\/ general
\nnature of taxpayers at the Zonal\/State level.
\n2. Recent GST and Policy Initiatives for MSME Sector:
\n(a) QRMP Scheme for small taxpayers: A scheme of quarterly
\nfiling and monthly payment (QRMP) has been introduced w.e.f.
\n01st January 2021 where the small taxpayers with Aggregate
\nAnnual Turnover up to 5 Cr have an option to file returns on
\nquarterly basis, instead of monthly return. Number of returns in
\na year reduced from 24 earlier to 8 now for such taxpayers. This
\nscheme is available to approx. 89 % of the taxpayers registered
\nunder GST.
\n(b) To reduce burden of late fee on smaller taxpayers, the upper cap
\nof late fee has been rationalized to align late fee with tax liability\/
\nturn<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nfor others.
\nLate fee payable for delayed furnishing of FORM GSTR-
\n7 reduced to 50\/- per day (25\/- CGST +Rs.25\/- SGST)
\nand capped to a maximum of 2,000\/- (1,000\/- CGST +
\n1,000\/- SGST) per return.
\n(c) COVID related relaxations for smaller taxpayers having AATO
\nupto 5 Cr have been provided for months of March, April and
\nMay, 2021 as follows:
\n\u00e2\u00e2\u0082\u00ac\u00a2 Reduction in Interest: Nil rate of interest for the first 15 days
\nfrom the due date of payment of tax, 9% for the next 45 days
\n\/ 30 days \/ 15 days for the period March 2021\/April 2021\/May
\n2021
\n\u00e2\u00e2\u0082\u00ac\u00a2 Waiver of late fee: Late fee waived for 60 days in respect of
\nthe returns in FORM GSTR-3B furnished beyond the due date
\nfor tax periods March 2021. The same was waived for 45 days
\nand 30 days for April 2021 and May 2021 respectively
\n(d) Simplification of Annual Return:
\n\u00e2\u00e2\u0082\u00ac\u00a2
\n\u00e2\u00e2\u0082\u00ac\u00a2
\nExemption from filing annual return in FORM GSTR-9 for FY
\n2021-22 has been provided to taxp<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nafter considering the due eligible ITC. [Ministry of Finance Circular No. 71\/45\/2018-
\nGST dated 26.10.2018].
\nRegistration:
\nA casual taxable person has to apply for registration at least five days prior to
\nthe commencement of business. There is no special form to register as a casual
\ntaxable person. The normal FORM GST REG-01 which is used by other taxable
\npersons can be used for obtaining registration by casual taxable person also. A
\ncasual taxable person, before applying for registration, declare his Permanent
\nAccount Number, mobile number, e-mail address, State or Union territory in
\nPart A of FORM GST REG-01 on the common portal, either directly or through a
\nFacilitation Centre notified by the Commissioner.
\nThe Permanent Account Number is validated online by the common portal from
\nthe database maintained by the Central Board of Direct Taxes. The mobile number
\ndeclared is verified through a one-time password sent to the said <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ndeposit appears in his electronic cash ledger. The amount deposited is credited
\nto the electronic cash ledger of casual taxable person. On depositing the amount,
\nan acknowledgement is issued electronically to the applicant in FORM GST
\nREG-02.
\nThe casual taxable person can make taxable supplies only after the issuance of
\nthe certificate of registration. The certificate of registration is valid for the period
\nspecified in the application for registration or ninety days from the effective date
\nof registration, whichever is earlier.
\nIn case the casual taxable person intends to extend the period of registration
\nindicated in his application of registration, an application in FORM GST REG-11
\nshall be submitted electronically through the Common Portal, either directly or
\nthrough a Facilitation Centre notified by the Commissioner, before the end of the
\nvalidity of registration granted to him. The validity period of ninety days can be
\nextended by a further period not<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ntax.
\nHowever, a casual taxable person shall not be required to file any annual return as
\nrequired by a normal registered taxpayer.
\nRefund by Casual taxable person:
\nThe casual taxable person is eligible for the refund of any balance of the advance
\ntax deposited by him after adjusting his tax liability. The balance advance tax
\ndeposit can be refunded only after all the returns have been furnished, in respect
\nof the entire period for which the certificate of registration was granted to him
\nhad remained in force.
\n************
\nGST
\nCasual taxable person
\nNation
\nTax
\nMarket
\nST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nPlease scan for download
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\n@cbic_india
\n@cbic
\nFollow us on:
\nf @c<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ngoods) making taxable supply in India has to compulsorily take registration.
\nThere is no threshold limit for registration. Casual Taxable persons making supply
\nof specified handicraft goods need to register if their aggregate turnover crosses
\n*20 Lakh (10 Lakh for in case of Special Category States, other than the State
\nof Jammu and Kashmir). A casual taxable person cannot exercise the option to
\npay tax under composition levy. He has to apply for registration at least five days
\nprior to commencing his business in India. The specified handicraft goods are as
\nunder:
\n7.
\n4601 and
\n4602
\nMats, matting and screens of vegetable
\n27.
\n7117
\nmaterial, basketwork, wickerwork and other
\narticles of vegetable materials or other plaiting
\nmaterial, articles of loofah (including of
\nbamboo, rattan, canes and other natural fibres,
\ndry flowers (naturally dried), articles thereof,
\nringal, raambaan article, shola items, Kouna\/
\nchumthang (water reeds) crafts, articles of
\nWater hyacin<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nTextile (handloom products)
\n50, 58, 62,
\n63
\n10.
\n50, 52, 54
\n32
\n9405 10
\n11.
\n57
\nTABLE A: Specified handicraft goods as per Notification No.
\n21\/2018-Central Tax (Rate) dated 26.07.2018 as amended, read with
\nNotification No. 56\/2018-Central Tax dated 23.10.2018
\nHandmade carpets and other handmade textile
\nfloor coverings (including namda\/gabba)
\n33
\n9401 50,
\nHandcrafted lamps (including panchloga lamp)
\nFurniture of bamboo, rattan and cane
\n11.
\n5605
\n12.
\n57
\n9403 80
\n13.
\n58
\n12.
\n5804 30 00
\nHandmade lace
\n34
\n9503
\n13.
\n5805
\nHand-woven tapestries
\nS.
\nChapter,
\nNo.
\nHeading,
\nSubheading
\nor Tariff
\nitem
\n1.
\n3406
\n2.
\n4202 22,
\n4202 29,
\nDescription of Goods
\n14.
\n5808 10
\nHand-made braids and ornamental trimming in
\nthe piece
\n35 9504
\nDolls or other toys made of wood or metal
\nor textile material [incl wooden toys of
\nsawantwadi, Channapatna toys, Thanjavur doll]
\nGanjifa card
\n14.
\n61, 62, 63
\nTheatre costumes
\n15.
\n5705, 9404
\n16.
\n17.
\n6403, 640<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nstatuettes, figures of animals, writing sets,
\nashtray, candle stand)
\nStones inlay work
\nPottery and clay products, including terracotta
\n6913, 6914
\n38
\n9701
\n4202 39
\n19.
\n6815 99 90
\nStone art ware, stone inlay work
\nHand paintings drawings and pastels (including
\nMysore painting, Rajasthan painting, Tanjore
\npainting, Palm leaf painting, basoli etc.)
\n20.
\n7418
\n21.
\n8306
\n3.
\n4416,
\n4421 99 90
\nCarved wood products, art ware\/decorative
\narticles of wood (including inlay work, casks,
\nbarrel, vats)
\n20.
\n6912 00 10
\nTableware and kitchenware of clay and
\n39 9703
\n6912 00 20
\nterracotta, other clay articles
\nOriginal sculptures and statuary, in metal, stone
\nor any other material
\nMetal table and kitchen ware (copper, brass
\nware)
\nMetal statues, images\/statues vases, urns and
\ncrosses of the type used for decoration of
\nmetals of Chapters 73 and 74
\n22.
\n8306
\nMetal bidriware
\n21.
\n6913 90 00
\n4.
\n4414
\nWooden frames for painting, photograph<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n3.
\n4419
\nCarved wood products (including table and
\nHorn and bone products
\nConch shell crafts
\nBamboo furniture, cane\/Rattan furniture
\nDolls and toys
\nFolk paintings, madhubani, patchitra,
\nRajasthani miniature
\nkitchenware)
\nGST
\nNon-Resident
\nTaxable Person
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\nMinistry of Finance
\nGovernment of India
\n7556
\nAzadi
\nKa
\nAmrit Mahotsav
\nNation
\nTax
\nMarket
\n1ST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nPlease scan for download
\nGST
\nGOODS AND SERVICES TAX
\nNon-Resident
\nTaxable Person
\n(Updated as on November 2022)
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\nFollow us on:
\n@cbic_india
\nf@cbicindia
\n@cbic
\nO@cbicindia
\n@CBIC INDIA
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a6\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nregistration at least five days prior to commencing his business
\nin India using a valid passport (and need not have a PAN number
\nin India). A business entity incorporated or established outside
\nIndia, has to submit the application for registration along with
\nits tax identification number or unique number on the basis of
\nwhich the entity is identified by the Government of that country
\nor its Permanent Account Number, if available.
\nRegistration: A non-resident taxable person has to apply for
\nregistration in Form GST REG-09 for taking registration. He is
\nnot required to apply in normal application for registration being
\nfiled by other taxpayers. A non-resident taxable person has to
\nelectronically submit an application, along with a self-attested
\ncopy of his valid passport, for registration, duly signed or verified
\nthrough EVC, in FORM GST REG-09, at least five days prior to the
\ncommencement of business at the Common Portal ei<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nbe issued electronically only after the said deposit appears in his
\nelectronic cash ledger. The amount deposited shall be credited
\nto the electronic cash ledger of the non-resident taxable person.
\nThe non-resident taxable person can make taxable supplies
\nonly after the issuance of the certificate of registration. The
\ncertificate of registration shall be valid for the period specified in
\nthe application for registration or ninety days from the effective
\ndate of registration, whichever is earlier.
\nIn case the non-resident taxable person intends to extend the
\nperiod of registration indicated in his application of registration,
\nan application in FORM GST REG-11 shall be submitted
\nelectronically through the Common Portal, either directly or
\nthrough a Facilitation Centre notified by the Commissioner,
\nbefore the end of the validity of registration granted to him.
\nThe validity period of ninety days can be extended by a further
\npe<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nwhichever is earlier.
\nRefund: The amount of advance tax deposited by a non-resident
\ntaxable person, will be refunded only after the person has
\nfurnished all the returns required in respect of the entire period
\nfor which the certificate of registration granted to him had
\nremained in force. Refund can be applied in the serial no. 13 of
\nthe FORM GSTR -5.
\n2
\n3
\nOn the other hand, where supplies are received by notified person
\nfrom (i) an unregistered person (attracting reverse charge under
\nSection 9(4) of the CGST Act); or (ii) through import of services,
\ne-invoicing is not applicable.
\nInvoice Registration Portal (IRP):
\nInvoice Registration Portal (IRP) is the website for uploading\/
\nreporting of invoices by the notified persons. Vide Notification
\nNo. 69\/2019-Central Tax dated 13.12.2019, ten portals were
\nnotified for the purpose of preparation of the invoice in terms
\nof Rule 48(4) of the CGST Rules. The first Invoice Registration
\nPo<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a6\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0
\n\u00c3\u00a0\u00c2\u00a5\u00c2\u00a7 \u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\nCT TAXES
\nAND CUST
\nGOVERNMENT OF INDIA
\n| \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00a5 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00af
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\ne-Invoice under GST
\nIntroduction:
\nAs per Rule 48(4) of the CGST Rules, notified class of registered
\npersons have to prepare invoice by uploading specified
\nparticulars of invoice (in FORM GST INV-01) on Invoice
\nRegistration Portal (IRP) and obtain an Invoice Reference
\nNumber (IRN). After following above \u00e2\u00e2\u0082\u00ac\u00c2\u00a8e-invoicing' process,
\nthe invoice copy containing inter alia, the IRN (with QR Code)
\nissued by the notified supplier to buyer is commonly referred
\nto as 'e-Invoice' in GST.
\ne-Invoice has many advantages for businesses such as auto-
\nreporting of invoices into GST return, auto-generation of e-way
\nbill (where requi<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nin any manner other than the manner specified in Rule 48(4) of
\nthe CGST Rules, the same shall not be treated as an invoice.
\nElectronic invoicing system was introduced for taxpayers with
\nAggregate Annual Turnover of more than 500 Cr from 01st
\nOctober, 2022 for B2B transactions and for export invoices
\nvide Notification No. 13\/2020-Central Tax dated 21.03.2020.
\nThe same was extended for taxpayers with Aggregate Annual
\nTurnover of more than 100 Cr from 01st January, 2021 vide
\nNotification No. 88\/2020-Central Tax dated 10.11.2020. Further,
\nvide Notification No. 05\/2021-Central Tax dated 08.03.2021,
\nthe same has been extended for taxpayers with Aggregate
\nAnnual Turnover of more than 50 Cr from 01st April, 2021.
\nThe same has been extended for taxpayers with Aggregate
\nAnnual Turnover of more than 20 Cr from 01st April, 2022 vide
\nNotification No. 01\/2022-Central Tax dated 24.02.2022 and for
\ntaxpayers with Aggregate Annual Turnover of more than 10 Cr
\nfrom 01st <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(g) Persons registered in terms of rule 14 of CGST Rules
\n(OIDAR)
\n(h) Government department
\n(i) Local authority
\nFurther, the exemption from e-invoicing is with respect
\nto the entity and not with respect to the nature of supply\/
\ntransaction.
\nIs e-Invoicing applicable for NIL-rated or wholly-exempt
\nsupplies?
\nNo, e-Invoice is not required for NIL-rated or wholly-exempt
\nsupplies. In those cases, a bill of supply is issued and not a tax
\ninvoice.
\nApplicability of e-Invoicing for supplies involving Reverse
\nCharge:
\nIf the invoice issued by notified person is in respect of supplies
\nmade by him but attracting reverse charge under Section
\n9(3) of the CGST Act, e-invoicing is applicable. For example, a
\ntaxpayer (say, a Firm of Advocates having Aggregate Annual
\nTurnover in a FY is more than 500 Cr) is supplying services to
\na company (who will be discharging tax liability as recipient
\nunder RCM), such invoices have to be reported by the notified
\nperson to IRP.
\n2
\n3
\n4\n<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nDirectorate General of Taxpayer Services
\nCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
\nwww.cbic.gov.in
\nElectronic Way Bill
\nIntroduction:
\nA e-Way Bill is a document required for movement of goods and it
\nincludes details such as name of consignor, consignee, transporter, the
\npoint of origin of the movement of goods and its destination.
\nElectronic Way Bill (e-Way Bill) is basically a compliance mechanism
\nwherein by way of a digital interface the person causing the movement
\nof goods uploads the relevant information prior to the commencement
\nof movement of goods and generates e-Way Bill on the GST portal.
\nSection 68 of the CGST Act mandates that the Government may require
\nthe person in charge of a conveyance carrying any consignment of goods
\nof value exceeding such amount as may be specified to carry with him
\nsuch documents and such devices as may be prescribed. Rule 138 o<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ntimes. However, all States have introduced the e-Way Bill latest from 16th
\nJune, 2018.
\ne-Way Bill under GST:
\ne-Way Bill (FORM GST EWB-01) is an electronic document (available
\nto supplier \/ recipient \/ transporter) generated on the common portal
\nevidencing movement of goods of consignment value more than
\n50,000\/-. It has two Components- Part A comprising of details of
\nGSTIN of supplier & recipient, place of delivery (indicating PIN Code
\nalso), document (Tax invoice, Bill of Supply, Delivery Challan or Bill of
\nEntry) number and date, value of goods, HSN code and reasons for
\ntransportation; and Part B comprising of transport details – transport
\ndocument number (Goods Receipt Number or Railway Receipt Number
\nor Airway Bill Number or Bill of Lading Number) and Vehicle number for
\nroad transportation.
\nConsignment Value: The consignment value of goods shall be the value,
\ndetermined in accordance with the provisions of Section 15 of the CGST
\nAct, 2017, decla<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nfurnished the returns for a consecutive period of two tax periods;
\n(c) being a person other than a person specified in clause (a), has not
\nfurnished the statement of outward supplies for any two months
\nor quarters, as the case may be;
\n(d) being a person, whose registration has been suspended.
\nThe Commissioner or an officer authorised by him, however, has been
\nauthorised to permit generation of e-Way Bill even where the return \/
\nFORM GST PMT-08 has not been furnished. The registered person need
\nto apply in FORM GST EWB-05 and order permitting \/ rejection the
\napplication would be issued in FORM GST EWB-06.
\nBlocking\/Unblocking of e-Way Bills for non-furnishing of returns:
\nBlocking of e-Way Bill generation facility means disabling taxpayer from
\ngenerating e-Way Bill, (Rule 138E of CGST Rules, 2017). CBIC in Notification
\nNo. 15\/2021-Central Tax dated 18.05.2021 has notified that the blocking
\nof GSTINS for e-Way Bill generation is now considered only for th<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nThe physical interface paved way for digital interface which will facilitate
\nfaster movement of goods. It is bound to improve the turnaround time
\nof vehicles and help the logistics industry by increasing the average
\ndistances travelled, reducing the travel time as well as costs.
\n11
\nthis Act or the Rules made thereunder, all such goods and conveyance
\nused as a means of transport for carrying the said goods and documents
\nrelating to such goods and conveyance shall be liable to detention or
\nseizure.
\nEnforcement:
\nThe Commissioner or an officer empowered by him in this behalf may
\nauthorise any officer to intercept any conveyance to verify the e-Way Bill
\nor the e-Way Bill number for all inter-State and intra-State movement of
\ngoods.
\nThe physical verification of conveyances may also be carried out by
\nthe proper officer as authorised by the Commissioner or an officer
\nempowered by him in this behalf. Physical verification of a specific
\nconveyance can also <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nAs per Circular No. 64\/38\/2018 GST dated 14.09.2018, it is prescribed
\nthat, in case a consignment of goods is accompanied with an invoice
\nor any other specified document and also an e-Way Bill, proceedings
\nunder Section 129 of the CGST Act may not be initiated, in the following
\nsituations:
\n(a) Spelling mistakes in the name of the consignor or the consignee
\nbut the GSTIN, wherever applicable, is correct;
\n(b) Error in the pin-code but the address of the consignor and the
\nconsignee mentioned is correct, subject to the condition that the
\nerror in the pin code should not have the effect of increasing the
\nvalidity period of the e-Way Bill;
\n(c) Error in the address of the consignee to the extent that the
\nlocality and other details of the consignee are correct;
\n(d) Error in one or two digits of the document number mentioned in
\nthe e-Way Bill;
\n(e) Error in 4 or 6-digit level of HSN where the first 2-digits of HSN are
\ncorrect and th<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nwww.ewaybillgst.gov.in. All the registered persons under GST need to
\nregister on the portal of e-Way Bill namely www.ewaybillgst.gov.in using
\nGSTIN. Once GSTIN is entered, the system sends an OTP to registered
\nmobile number, registered with GST Portal and after authenticating
\nthe same, the system enables the taxpayer to generate username and
\npassword for the e-Way Bill system. After generation of username
\nand password of choice, the taxpayer may proceed to make entries to
\ngenerate e-Way Bill. The transporters, who are not registered under the
\nGST but cause movement of goods for their clients, need to enroll on the
\ne-Way Bill portal and get 15-digit Unique Transporter ID.
\nWho should generate the e-Way Bill and Why?
\ne-Way Bill is to be generated by the consignor or consignee himself if
\nthe transportation is being done in own\/hired conveyance or by railways,
\nby air or by Vessel. If the goods are handed over to a transporter for
\ntransportati<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nwho has been exempted from the requirement of obtaining registration,
\nthe e-Way Bill shall be generated by the said person irrespective of the
\nvalue of the consignment.
\nAlso, where handicraft goods are transported from one State to another
\nby a person who has been exempted from the requirement of obtaining
\nregistration, the e-Way Bill shall be generated by the said person
\nirrespective of the value of the consignment.
\nHow is it generated?
\nAn e-Way Bill contains two parts- Part-A to be furnished by the person
\nwho is causing movement of goods of consignment value exceeding
\n*50,000\/- and Part-B (transport details) to be furnished by the person
\nwho is transporting the goods. Where the goods are transported by a
\n3
\nregistered person-whether as consignor or recipient, the said person
\nshall have to generate the e-Way Bill by furnishing information in Part- B
\non the GST e-Way portal. The transporter, on an authorization received
\nfrom the registered person, may furnish Par<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nIn case,
\nthe recipient does not communicate his rejection within seventy-
\ntwo hours of the details being made available to him on the common
\nportal, it shall be deemed that he has accepted the said details.
\nValidity of e-Way Bill: The validity of e-Way Bill depends on the distance
\nto be travelled by the goods. In case of non Over Dimensional Cargo
\n(ODC), for a distance of less than 200 Km the e-Way Bill will be valid for a
\nday from the relevant date. For every 200 Km or part thereof, thereafter,
\nthe validity will be additional one day from the relevant date.
\nIn case of ODC or multimodal shipment in which at least one leg involves
\ntransport by ship, for a distance of less than 20 Km, the validity of EWB
\nwill be valid for a day from the relevant day and for every 20km or part
\nthereof thereafter, the validity will be additional one day from the
\nrelevant date.
\nThe “relevant date” shall mean the date on which the e-Way<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nIn this field details of “C” are supposed
\nto be filled
\nShip To
\nIn this field address of “C” is supposed
\nto be filled
\n4
\n5
\nInvoice Details Details of Invoice-2 are supposed to be
\nfilled
\nFurther, the mode of transport 'Ship' has now been updated to 'Ship\/
\nRoad cum Ship' so that the user can enter a vehicle number where
\ngoods are initially moved by road and a Bill of lading number and date
\nfor movement by ship. This will help in availing the ODC benefits for
\nmovement using ships and facilitate the updating of vehicle details as
\nand when moved on road.
\ne-Way Bill in respect to goods stored in transporter's godown:
\n(a) In case the consignee\/ recipient taxpayer stores his goods in the
\ngodown of the transporter, then the transporter's godown may
\nbe declared as an additional place of business by the recipient
\ntaxpayer. In such cases, mere declaration by the recipient taxpayer
\nto this effect with the concurrence of the transporter in the said
\ndeclaration will suffi<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nState supply.
\n(c) e-Way Bill is required even in case where the movement of goods
\ncommences and terminates in the same State and just transits
\nthrough another State.
\nConsequences of non-conformance to e-Way Bill rules:
\nIf e-Way Bills, wherever required, are not issued in accordance with the
\nprovisions contained in Rule 138 of the CGST Rules, 2017, the same will
\nbe considered as contravention of Rules. As per Section 122 of the CGST
\nAct, 2017, a taxable person who transports any taxable goods without
\nthe cover of specified documents (e-Way Bill is one of the specified
\ndocuments) shall be liable to a penalty of Rs.10,000\/- or tax sought to be
\nevaded (wherever applicable) whichever is greater. As per Section 129
\nof CGST Act, 2017, where any person transports any goods or stores
\nany goods while they are in transit in contravention of the provisions of
\n9
\nwww.cbic.gov.in\/resources\/\/htdocs-cbec\/press-release\/23042018_
\nPRESS_RELEASE_FOR_Bill_TO_SHIP_T<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ncan generate the e-Way Bill but it may be noted that only one e-Way Bill is
\nrequired to be generated as per the following procedure:
\nCase-1: Where e-Way Bill is generated by “B”, the following fields shall be
\nfilled in Part-A of GST FORM EWB-01:
\n1
\nBill From
\n2
\nDispatch
\nFrom
\n3
\nBill To
\n4
\nShip To
\n5
\nInvoice
\nDetails
\nIn this field details of “B” are
\nsupposed to be filled
\nThis is the place from where goods
\nare actually dispatched. It may be
\nthe principal or additional place of
\nbusiness of B
\nIn this field details of “A” are
\nsupposed to be filled
\nIn this field address of “C” is
\nsupposed to be filled
\nDetails of Invoice-1 are supposed to
\nbe filled
\nCase -2: Where e-Way Bill is generated by “A”, the following fields shall be
\nfilled in Part-A of GST FORM EWB-01
\n1
\nBill From
\n2
\nIn this field details of “A” are supposed
\nto be filled
\nDispatch From This is the place from where goods
\nare actually dispatched. It may be the
\nprincipal or additional place of <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nfuel;
\n(g) where the goods being transported are treated as no supply
\nunder Schedule III of the Act;.
\n(h) where the goods are being transported\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d (i) under Customs
\nbond from an inland container depot or a container freight
\nstation to a Customs port, airport, air cargo complex and land
\nCustoms station, or from one Customs station or Customs port to
\nanother Customs station or Customs port, or (ii) under Customs
\nsupervision or under Customs seal;
\nwhere the goods being transported are transit cargo from or to
\nNepal or Bhutan;
\n(j) where the goods being transported are exempt from tax under
\nNotifications No. 07\/2017-Central Tax (Rate), dated 28.06.2017, as
\namended from time to time, and Notification No. 26\/2017- Central
\nTax (Rate), dated 21.09.2017, as amended from time to time;
\n5
\n(k) any movement of goods caused by defence formation under
\nMinistry of defence as a consignor or consignee;
\n(1) where the co<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nbasically in respect of intra-State movement and the CGST Rules are in
\nrespect of inter-State movement. EWB is not required even when there's
\nsupply without any movement of goods. It may also be noted that EWB
\nis required for every inter-State movement of goods even in cases where
\nthe supply is intra-State.
\nCancellation of e-Way Bill:
\nWhere an e-Way Bill has been generated under this Rule, but goods
\nare either not transported or are not transported as per the details
\nfurnished in the e-Way Bill, the e-Way Bill may be cancelled electronically
\non the common portal, within 24 hours of generation of the e-Way Bill.
\nHowever, an e-Way Bill cannot be cancelled if it has been verified in
\ntransit in accordance with the provisions of Rule 138B of the CGST Rules,
\n2017.
\nThe facility of generation and cancellation of e-Way Bill will also be made
\navailable through SMS, Android App, Application Process Interface (API),
\netc.<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ntransferring goods from one conveyance to another in the course of
\ntransit shall, before such transfer and further movement of goods, update
\nthe details of the conveyance in the e-Way Bill on the common portal in
\nPart-B of FORM GST EWB-01.
\nThe person in charge of a conveyance has to carry the invoice or Bill of
\nSupply or delivery challan, as the case may be; and a copy of the e-Way Bill
\nor the e-Way Bill number, either physically or mapped to a Radio Frequency
\nIdentification Device embedded on to the conveyance in such manner as
\nmay be notified by the Commissioner. However, where circumstances so
\nwarrant, the Commissioner may, by notification, require the person-in-
\ncharge of the conveyance to carry the following documents instead of the
\ne-Way Bill:
\n(a) tax invoice or Bill of Supply or Bill of Entry (in case of imported
\ngoods); or
\n(b) a delivery challan, where the goods are transported for reasons
\nother than by way of supply.
\nIt is<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(b) Bill To: This includes the details of the Bill to party on whose option
\nthe goods are to be transported at the place of Ship to party.
\n(c) Ship To: This allows the registered person to enter the address of
\nShip To party i.e. address where goods are destined.
\n(d) Place of Delivery: This includes the address of the place where the
\ngoods need to be delivered, this address may be different from the
\naddress captured under ship-to address.
\nThus, e-Way Bill can be generated for “Bill To-Ship To” transactions by
\nproviding the above details in Part-A of the FORM EWB-01. CBIC has also
\nreleased a press release on 23rd April, 2018 which can be accessed at http:\/\/
\n6
\n7
\nGST
\nRegistration
\nt
\nNation
\nTax
\nMarket
\nDEST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\nMin<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\neconomy. Registration of any business entity under the GST Law
\nimplies obtaining a unique number from the concerned tax authorities
\nfor the purpose of collecting tax on behalf of the government and to
\navail Input Tax Credit for the taxes on his inward supplies. Without
\nregistration, a person can neither collect tax from his customers nor
\nclaim any Input Tax Credit of tax paid by him.
\nNeed and advantages of registration:
\nRegistration will confer the following advantages to a taxpayer:
\n(a) He is legally recognized as supplier of goods or services;
\n(b) He is legally authorized to collect tax from his customers and
\npass on the credit of the taxes paid on the goods or services
\nsupplied to the purchasers\/ recipients;
\n(c) He can claim Input Tax Credit of taxes paid on his purchases
\n\/ procurements and can utilize the same for payment of taxes
\ndue on supply of goods or services;
\n(d) Seamless flow of Input Tax Credit from suppliers to recipie<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nsupply of produce out of cultivation of land, are not liable to register
\nunder GST. Also, if all the supplies being made by a supplier are
\ntaxable under reverse charge i.e. where total tax is payable by the
\nrecipient of the goods and \/ or services, there is no requirement for
\nsuch a supplier to register in light of Notification No. 05\/2017-Central
\nTax dated 19.06.2017. In GST, if the supplier supplies outside the
\nState, he is required to take registration irrespective of the size of his
\nturnover. However, this compulsion is relaxed for certain categories
\nof suppliers like supplier of handicraft goods, supplier of services,
\nsupplier of job work services. If the turnover of the supplier of
\n(f)
\n(g)
\n(h)
\n(i)
\nREG-05, reject the application for revocation of cancellation of
\nregistration and communicate the same to the applicant.
\nthe revocation of cancellation of registration under the SGST
\nAct or the UTGST Act, as the case may be, shall <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nsuspension of registration shall be deemed to be revoked
\nupon furnishing of all the pending returns.
\n*****
\n*****
\n2
\n11
\nRevocation of Cancellation of Registration:
\n(a) when the registration has been cancelled by the Proper Officer
\non his own motion and not on the basis of an application by
\nthe registered person, then the registered person, whose
\nregistration has been cancelled, can submit an application for
\nrevocation of cancellation of registration, in FORM GST REG-21,
\nto the Proper Officer, within a period of thirty days from the date
\nof the service of the order of cancellation of registration at the
\ncommon portal, either directly or through a Facilitation Centre
\nnotified by the Commissioner.
\nThe period of thirty days can be extended upto 30 days by Joint
\n\/ Additional Commissioner and can further be extended upto 30
\ndays by the Commissioner of Central Tax.
\n(b) however, if the registration has been cancelled for failure to
\nfurnish returns, appli<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nin FORM GST REG-24.
\n(e) upon receipt of the information or clarification in FORM GST
\nREG-24, the Proper Officer shall dispose of the application
\nwithin a period of thirty days from the date of the receipt of
\nsuch information or clarification from the applicant. In case the
\ninformation or clarification provided is satisfactory, the Proper
\nOfficer shall dispose the application as per para (c) above. In case
\nit is not satisfactory the applicant will be mandatorily given an
\nopportunity of being heard, after which the Proper Officer after
\nrecording the reasons in writing may by an order in FORM GST
\n10
\nhandicraft goods is less than specified limit, they will not be required
\nto register, even if they supply such goods outside the State. In such
\ncases they will also not be required to obtain registration as a casual
\ntaxable person in other States for making supply of the handicraft
\ngoods. Also, small Suppliers of services, incl<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\ntariff Area (i.e. outside the SEZ) in the same State, then he has to take
\nseparate registration for his SEZ unit as a separate business vertical
\nof him. If a supplier also wants to distribute credit to his same-PAN
\nentities, then he will take separate registration as \u00e2\u00e2\u0082\u00ac\u00c2\u00a8input service
\ndistributor' in addition to his registration as \u00e2\u00e2\u0082\u00ac\u00c2\u00a8supplier'. Unlike service
\ntax regime, the GST law does not have the facility of centralized
\nregistration for units located across multiple States.
\nIn GST registration, the supplier is allotted a 15-digit GST identification
\nnumber called “GSTIN” and a certificate of registration incorporating
\ntherein this GSTIN is made available to the applicant on the GSTN
\ncommon portal. The first 2 digits of the GSTIN is the State code, next 10
\ndigits are the PAN of the legal entity, the next two digits are for entity
\ncode, and the last digit is check sum number. Registration under GST
\nis not tax specific which means that there <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nthreshold. However, the GST law enlists certain categories of suppliers
\nwho are required to get compulsory registration irrespective of their
\nturnover that is to say, the specified threshold exemption, as the case
\nmay be, is not available to them. Some of such suppliers who need to
\nregister compulsorily irrespective of the quantum of their turnover are:-
\n(a) inter-state suppliers: However, persons making inter-state
\nsupplies of taxable services and having an Aggregate Annual
\nTurnover, to be computed on all India basis, not exceeding an
\namount of 20 Lakh ( 10 Lakh for special category States) are
\nexempted from obtaining registration vide Notification No.
\n10\/2017-Integrated Tax dated 13.10.2017. Also, vide Notification
\nNo. 08\/2017-Integrated Tax dated 14.09.2017, the inter-State
\nsuppliers of handicraft goods are exempted from compulsory
\nregistration till they cross the exemption threshold limit.
\n(b) a person receiving supplies on w<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nhandicraft goods need not take compulsory registration and
\nare entitled to the threshold exemption limit. Such Handicraft
\ngoods are specified in Notification No. 56\/2018-Central Tax dated
\n23.10.2018.
\n(d) non-resident taxable person who is not having fixed place of
\nbusiness or residence in India. 'Non-resident taxable persons'
\nand \u00e2\u00e2\u0082\u00ac\u00c2\u00a8Casual taxable persons' can make taxable supplies only
\nafter obtaining the registration and they have to deposit in
\nadvance the estimated tax liability at the time of applying for the
\nregistration. They are given registration with 90 days' validity,
\nwhich can be extended on need basis.
\n(e) a person who supplies on behalf of some other taxable person
\n(i.e. an Agent of some Principal). This cover 'Consignment Agents'
\nor 'C&F Agents', and not 'Commission Agent'. A Commission
\nAgent does not affect supply; he only facilitates it.
\n(f) an e-Commerce operator, who is required to collect tax at source
\nunder Section 52, w<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\non the recommendations of the Council, show that there are
\nsignificant differences or anomalies indicating contravention of
\nthe provisions of the Act or the Rules made thereunder, leading
\nto cancellation of registration of the said person, his registration
\nshall be suspended and the said person shall be intimated in
\nFORM GST REG-31, electronically, on the common portal, or by
\nsending a communication to his e-mail address, highlighting the
\nsaid differences and anomalies and asking him to explain, within
\na period of thirty days, as to why his registration shall not be
\ncancelled.
\n(d) a registered person, whose registration has been suspended
\nshall not make any taxable supply (i.e. not issue a tax invoice
\nand, accordingly, not charge tax on supplies made by him) during
\nthe period of suspension and shall not be required to furnish any
\nreturn under Section 39.
\n(e) a registered person, whose registration has been suspended
\nshall not be g<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\napplication, a taxable person shall be able to make amendments
\nwithout requiring any specific approval from the tax authority. In
\ncase the change is for legal name of the business, or the address
\nof the principal place of business or additional place of business,
\naddition, deletion or retirement of partners or directors, Karta,
\nManaging Committee, Board of Trustees, Chief Executive Officer or
\nequivalent, responsible for the day to day affairs of the business, the
\ntaxable person will apply for amendment within 15 days of the event
\nnecessitating the change. The Proper Officer, then, will approve the
\namendment within next 15 days. For other changes like name of day
\nto day functionaries, e-mail IDs, mobile numbers etc. no approval of
\nthe Proper Officer is required, and the amendment can be affected by
\nthe taxable person on his own on the common portal. A functionality
\nto update email and mobile number of the authorised signatory is
\navailable in the GST s<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\neffect from which he seeks cancellation. He will also work out and
\ndeclare the quantum of dues of payments and credit reversal, and the
\nparticulars of payments made towards discharge of such liabilities.
\nTill 23rd January, 2018 the voluntary registration taken despite not
\nbeing liable for obtaining registration could not be cancelled until
\nexpiry of one year. However, the rule has now been amended to allow
\nvoluntary registration to be cancelled any time. In all the aforesaid
\ncases of cancellation, the Proper Officer, if satisfied, has to cancel
\nthe registration in FORM GST REG-19 within 30 days from the date of
\napplication or the date of reply to notice (if issued, when rejection is
\napproved by the Proper Officer).
\n(g) suppliers of goods who supply through such e-Commerce
\noperator who are liable to collect tax at source to the extent of
\n1% [0.50% CGST + 0.50% SGST \/ UTGST or 1% IGST] while making
\npayment to the respective supplier. Per<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nTDS deductor irrespective of the turnover.
\n(j) Input Service Distributor: They need to separately register as ISD
\nregardless of the turnover.
\n(k) those supplying online information and database access or
\nretrieval services from outside India to a non-registered person
\nin India. A simplified registration Scheme is provided for OIDAR
\nservice suppliers. Instead of State-wise registration, he will take
\nsingle registration for entire India either himself or through
\nhis appointed agent in India and will pay IGST. The registration
\nto and other GST compliance by the OIDAR service providers
\nis exclusively administered by the Principal Commissioner of
\nCentral Tax, Bengaluru West and all officers subordinate to him.
\nCasual Taxable Person\/ Non-resident Taxable Person:
\nA Casual taxable person is one who has a registered business in some
\nState in India but wants to effect supplies from some other State
\nin which he is not having any f<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nMultilateral Financial Institution and Organisation notified under the United
\nNations (Privileges and Immunities) Act, 1947, Consulate or Embassy of
\nforeign countries centralized are granted a Unique Identification Number
\n(UIN) for various purposes, including refund of taxes on the notified
\nsupplies of goods or services or both received by them.
\nStandardization of procedures:
\nA total of 31 forms \/ formats have been prescribed in the GST Rules.
\nFor every process in the registration chain such as application
\nfor registration, acknowledgment, query, rejection, registration
\ncertificate, show cause notice for cancellation, reply, cancellation,
\namendment, field visit report etc., there are standard formats. This
\nwill make the process uniform all over the country. The decision-
\nmaking process will also be fast. Strict timelines have been stipulated
\nfor completion of different stages of registration process.
\nAn ap<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\npresence of the said person and verification of such documents as
\nthe proper officer may deem fit.
\nWhere the application is found to be deficient, or where the Proper
\nOfficer requires any clarification, Proper Officer may issue a notice in
\nFORM GST REG-03 within a period of seven working days from the
\ndate of submission of the application and the applicant shall furnish
\nsuch clarification, information or documents electronically, in FORM
\nGST REG-04, within a period of seven working days from the date of
\nthe receipt of such notice. However, if the applicant fails to undergo
\nauthentication of Aadhaar number or does not opt for authentication
\nof Aadhaar number; or the Proper Officer deems it fit to carry out
\nphysical verification of places of business, the notice in FORM GST
\nREG-03 may be issued not later than thirty days from the date of
\nsubmission of the application. Where the Proper Officer is satisfied
\nwith the clarification, information or documents fur<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nthe grant of registration, he may get such verification of the place of
\nbusiness, in the presence of the said person, done and the verification
\nreport along with the other documents, including photographs, shall
\nbe uploaded in FORM GST REG-30 on the common portal within a
\nperiod of fifteen working days following the date of such verification.
\nAuthentication of Aadhaar number under the GST Act:
\nWith effect from 21st August, 2020, an applicant who opts for
\nauthentication of Aadhaar number, while submitting the application
\nin PART B of FORM GST REG-02, has to undergo authentication of
\nAadhaar number and the date of submission of the application in
\nsuch cases shall be the date of authentication of the Aadhaar number,
\nor fifteen days from the submission of the application in PART B of
\nFORM GST REG-01, whichever is earlier.
\nIf a person does not undergo Aadhaar authentication or does not
\nopt for authentication of Aadhaar number, then registration will be
\ngrant<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n126\/45\/2019-GST dated 22.11.2019 has clarified scope of certain
\nnotification entry, related to job work, of Notification No.
\n11\/2017-Central Tax (Rate) dated 28.06.2017.
\n**********
\nGST
\nJob Work
\nNation
\nTax
\nMarket
\nST
\n5 years of GST
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u0081\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac, \u00c3\u00a0\u00c2\u00a4\u00c2\u00a6\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b6 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00e2\u0080\u009d\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac\u00c3\u00a0\u00c2\u00a4\u00c2\u00a3 \u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00c2\u00bf\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00be\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0080\u009a\u00ac
\nGovernment of India
\n75
\nKa
\nAzadi
\nAmrit Mahotsav
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00b8\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00ae\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5 \u00c3\u00a0\u00c2\u00a4\u00c5\u00e2\u0080\u009c\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00e2\u00e2\u0082\u00ac\u00a1
\nMinistry of Finance
\nGST
\nGOODS AND SERVICES TAX
\n5
\nJob
\nWork
\nPlease scan for download
\nPublished by:
\nDirectorate General of Taxpayer Services,
\nC.R. Building, New Delhi-110109
\nFollow us on:
\n@cbic_india
\nf@cbicindia
\n@cbic
\n@cbicindia
\n@CBIC INDIA
\nJob Work
\n(Updated as on November 2022)
\n\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b7 \u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a2\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0 \u00c3\u00a0\u00c2\u00a4\u00c2\u008f\u00c3\u00a0\u00c2\u00a4\u00c2\u00b5\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00c5\u00a1
\n\u00c3\u00a0\u00c2\u00a4\u00e2\u00e2\u0082\u00ac\u00a6\u00c3\u00a0\u00c2\u00a4\u00c2\u00aa\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00b0\u00c3\u00a0\u00c2\u00a4\u00c2\u00a4\u00c3\u00a0\u00c2\u00a5\u00c2\u008d\u00c3\u00a0\u00c2\u00a4\u00c2\u00af\u00c3\u00a0<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nwork. The whole idea is to make principal responsible for
\nmeeting compliances on behalf of the job-worker on the
\ngoods processed by him (job-worker), considering the fact
\nthat typically the job-workers are small persons who are
\nunable to comply with the discrete provisions of the law.
\nThe GST Act makes special provisions with regard to removal
\nof goods for job-work and receiving back the goods after
\nprocessing from the job-worker without payment of GST.
\nThe benefit of these provisions shall be available both to
\nthe principal and the job-worker.
\nWhat is Job-work?
\nSection 2(68) of the CGST Act, 2017 defines Job-work
\nas 'any treatment or process undertaken by a person on
\ngoods belonging to another registered person'. The one
\nwho does the said job would be termed as 'job-worker'.
\nThe ownership of the goods does not transfer to the job-
\nworker but it rests with the principal. The job-worker is
\nrequired to carry out t<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nyears may, on sufficient cause being shown, be extended
\nby the Commissioner for a further period not exceeding
\none year and two years respectively.]
\n(d) After processing of goods, the job-worker may clear the
\ngoods to-
\n\u00e2\u00e2\u0082\u00ac\u00a2
\n.
\nanother job-worker for further processing;
\nsend the goods to any of the place of business of the
\nprincipal without payment of tax;
\nremove the goods on payment of tax within India or
\nwithout payment of tax for export outside India on
\nfulfilment of specified conditions.
\nThe facility of supply of goods by principal to the third party
\ndirectly from the premises of the job-worker on payment of
\ntax in India likewise with or without payment of tax for export
\nmay be availed by the principal on declaring premises of the
\njob-worker as his additional place of business in registration.
\nIn case the job-worker is a registered person under GST, even
\ndeclaring the premises of the job-worker as additional place of
\nbusiness is not require<\/p>\n
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\nto the job-worker for the job work. Further, the proviso also
\nprovides that the principal can take the credit even when the
\ngoods have been directly supplied to the job-worker without
\nbringing into the premises of the principal. The principal
\nneed not wait till the inputs are first brought to his place of
\nbusiness for availing ITC.
\nTime Limits for return of processed goods:
\nAs Section
\nper
\n19 of the CGST Act, 2017, inputs and capital
\ngoods after processing shall be returned back to principal
\nwithin one year or three years respectively of their being sent
\nout. Further, the provision of return of goods is not applicable
\nin case of moulds and dies, jigs and fixtures or tools supplied
\nby the principal to job-worker.
\nExtended meaning of input:
\nAs per the explanation provided in Section 143 of the
\nCGST Act, 2017, where certain process is carried out on the
\ninputs before removal of the same to the job-worker, such
\nproduct after carrying out the process to be referred as <\/p>\n