Daily Archives: March 12, 2017

20 Taking input tax credit in respect of inputs sent for job work – Revised Model GST Law ( Nov 2016)

Revised Model GST Law ( Nov 2016) Taking input tax credit in respect of inputs sent for job work (1) The “principal” referred to in section 55 shall, subject to such conditions and restrictions as may be prescribed, be allowed input tax credit on inputs sent to a job-worker for job-work. (2) Notwithstanding anything contained… Read More »

18 Availability of credit in special circumstances – Revised Model GST Law ( Nov 2016)

Revised Model GST Law ( Nov 2016) Availability of credit in special circumstances (1) A person who has applied for registration under the Act within thirty days from the date on which he becomes liable to registration and has been granted such registration shall, subject to such conditions and restrictions as may be prescribed, be… Read More »

8. Levy and Collection of Central/State Goods and Services Tax -Revised Model GST Law ( Nov 2016)

Revised Model GST Law ( Nov 2016) CHAPTER III  LEVY OF, AND EXEMPTION FROM, TAX  Levy and Collection of Central/State Goods and Services Tax  (1) There shall be levied a tax called the Central/State Goods and Services Tax (CGST/SGST) on all intra-State supplies of goods and/or services on the value determined under section 15 and… Read More »

7 Powers of SGST/CGST officers under Act -Draft -Revised Model GST Law ( Nov 2016)

Revised Model GST Law ( Nov 2016) [Powers of SGST/CGST officers under the Act (Draft I)  (1) Notwithstanding anything contained in this Act, the proper officers for the purposes of any one or more sections (……………………….) of the {SGST/CGST Act}, shall be deemed to be the proper officers for the purposes of the corresponding section… Read More »

4.Classes of officers under Central Goods and Services Tax Act – Revised Model GST Law ( Nov 2016)

Revised Model GST Law ( Nov 2016) CHAPTER II  ADMINISTRATION  Classes of officers under the Central Goods and Services Tax Act  (1) There shall be the following classes of officers under the Central Goods and Services Tax Act, namely; (a) Principal Chief Commissioners of CGST or Principal Directors General of CGST, (b) Chief Commissioners of… Read More »

Govt Draft to Amend Inter-State Migrant Workmen Rules 1980 / Unified Annual Return

Summary Every contractor shall upload a Unified Annual Return, in the Form XXIII specified in these rules, on the web portal on the Ministry of Labour and Employment on or before the 1st day of February following the close of the year to which it relates. Every principal employer shall also file a Unified Annual… Read More »