Daily Archives: July 1, 2017

Officers Appointed under CGST and IGST Act – Notification No 14/2017 Central Tax Dated 1st July 2017

By | July 1, 2017

Notification No 14/2017 Central Tax Dated 1st July 2017 Officers Appointed under CGST and IGST Act w.e.f 01.07.2017 vide Notification No 14/2017 Central Tax Dated 1st July, 2017 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) NOTIFICATION New Delhi, the 1st July, 2017 No. 14/2017–Central Tax G.S.R. 818(E).—In exercise of the powers… Read More »

Number of HSN digits on GST Invoice : Lakshadweep UTGST : Notification No. 15/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 15/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to notify the number of HSN digits required on tax invoice under  first proviso to rule 46 of the Union Territory Goods and Services Tax (Lakshadweep) Rule, 2017 vide Notification No. 15/2017 : Union Territory Tax Dtd 30th June, 2017 PUBLISHED IN PART II,… Read More »

Number of HSN digits on GST Invoice : UTGST Daman and Diu : Notification No. 14/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 14/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to notify the number of HSN digits required on tax invoice under first proviso to rule 46 of the Union Territory Goods and Services Tax (Daman and Diu) Rule, 2017 vide Notification No. 14/2017 : Union Territory Tax Dtd 30th June, 2017 PUBLISHED IN… Read More »

Number of HSN digits in GST Invoice : UTGST Dadra and Nagar Haveli : Notification No. 13/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 13/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to notify the number of HSN digits required on tax invoice under first proviso to rule 46 of the Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rule, 2017  vide Notification No. 13/2017 : Union Territory Tax Dtd 30th June, 2017 PUBLISHED… Read More »

Number of HSN digits in GST Invoice : UTGST Chandigarh Rules : Notification No. 12/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 12/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to notify the number of HSN digits required on tax invoice under  first proviso to rule 46 of the Union Territory Goods and Services Tax (Chandigarh) Rule, 2017  vide Notification No. 12/2017 : Union Territory Tax Dtd 30th June, 2017 PUBLISHED IN PART II,… Read More »

Number of HSN digits on GST Invoice – UTGST Andaman and Nicobar Islands Rules -Notification No. 11/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 11/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to notify the number of HSN digits required on tax invoice under first proviso to rule 46 of the Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rule, 2017  vide Notification No. 11/2017 : Union Territory Tax Dtd 30th June, 2017… Read More »

GST Interest rate under UTGST Act : Notification No. 10/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 10/2017 : Union Territory Tax Dtd 30th June, 2017 Seeks to prescribe rate of interest under UTGST Act 2017  vide Notification No. 10/2017 – Union Territory Tax Dtd 30th June, 2017 PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of… Read More »

UTGST Lakshadweep Rules 2017 : Notification No. 9/2017 : Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 9/2017 : Union Territory Tax Dtd 30th June, 2017 UTGST Lakshadweep Rules 2017 i.e Union Territory Goods and Services Tax (Lakshadweep) Rules, 2017 notified vide Notification No. 9/2017 – Union Territory Tax Dtd 30th June, 2017 [ Note : Also notified the number of HSN digits required on tax invoice under  first proviso to… Read More »

UTGST Daman and Diu Rules 2017 : Notification No. 8/2017 – Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 8/2017 – Union Territory Tax Dtd 30th June, 2017 UTGST Daman and Diu Rules 2017 to be called Union Territory Goods and Services Tax (Daman and Diu) Rules, 2017 notified vide Notification No. 8/2017 – Union Territory Tax Dtd 30th June, 2017 [ Note : Also notified the number of HSN digits required… Read More »

Converting GST provisional ID into GSTIN – 3 months Time period

By | July 1, 2017

Rules related to Registration and Composition Scheme have been notified on 19th June, 2017& came into effect from 22nd June, 2017 in order to start the process of issue of Registration Certificate, called Goods and Services Tax Identification Number (GSTIN), to taxpayers already issued provisional ID for registration (PID) as well as to the new… Read More »

UTGST Dadra and Nagar Haveli Rules 2017 – Notification No. 7/2017 – Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 7/2017 – Union Territory Tax Dtd 30th June, 2017 UTGST Dadra and Nagar Haveli Rules 2017  to  be called Union Territory Goods and Services Tax (Dadra and Nagar Haveli) Rules, 2017. . notified vide Notification No. 7/2017 – Union Territory Tax Dtd 30th June, 2017 [ Note : Also notified the number of HSN… Read More »

UTGST Chandigarh Rules 2017 – Notification No. 6/2017 – Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 6/2017 – Union Territory Tax Dtd 30th June, 2017 UTGST Chandigarh Rules 2017  to  be called Union Territory Goods and Services Tax (Chandigarh) Rules 2017. notified vide Notification No. 6/2017 – Union Territory Tax Dtd 30th June, 2017 [ Note : Also notified the number of HSN digits required on tax invoice under… Read More »

UTGST Andaman and Nicobar Islands Rules 2017 – Notification No. 5/2017 – Union Territory Tax Dtd 30th June, 2017

By | July 1, 2017

Notification No. 5/2017 – Union Territory Tax Dtd 30th June, 2017 Union Territory Goods and Services Tax (Andaman and Nicobar Islands) Rules, 2017 notified vide Notification No. 5/2017 – Union Territory Tax Dtd 30th June, 2017 [  Note  :Also  Notified the number of HSN digits required on tax invoice under first proviso to rule 46… Read More »

GST Common Portal notified – UTGST Act – Notification No. 4/2017 – Union Territory Tax Dtd 30th June 2017

By | July 1, 2017

Notification No. 4/2017 – Union Territory Tax Dtd 30th June, 2017 GST Common Portal notified vide Notification No. 4/2017 – Union Territory Tax Dtd 30th June, 2017 PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 4/2017-Union Territory Tax… Read More »

Notification No 16/2017 Integrated Tax (Rate) Dated 30th June 2017 : IGST Rate on fertilisers reduced

By | July 1, 2017

Notification No 16/2017 Integrated Tax (Rate) Dated 30th June 2017 Seek to reduce the rate of Central Tax, Union Territory Tax, on fertilisers from 6% to 2.5% and Integrated Tax rate on fertilisers from 12% to 5% vide Notification No 16/2017 Integrated Tax (Rate)  Dated 30th June 2017 [TO BE PUBLISHED IN PART II, SECTION… Read More »

Notification No 15/2017 Integrated Tax (Rate) Dated 30th June 2017

By | July 1, 2017

Notification No 15/2017 Integrated Tax (Rate) Dated 30th June 2017 Notification for Exemption from Integrated Tax to SEZ vide Notification No.15/2017-Integrated Tax (Rate) Dated 30th June 2017 [ Note : This Notification has been Rescinded by  Notification No. 17/2017 -Integrated Tax (Rate) Dated 5th July, 2017 and New notification for IGST exemption to SEZs on import of… Read More »

Section 43 of Sikkim GST Act 2017 : Matching, reversal and reclaim of reduction in output tax liability

By | July 1, 2017

Section 43 of Sikkim GST Act 2017 [ Section 43 of Sikkim GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Matching, reversal and reclaim of reduction in output tax liability 43. (1) The details of every credit note relating to outward… Read More »

Section 42 of Sikkim GST Act 2017 : Matching, reversal and reclaim of input tax credit

By | July 1, 2017

Section 42 of Sikkim GST Act 2017 [ Section 42 of Sikkim GST Act 2017 explains Matching, reversal and reclaim of input tax credit and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017 [Except Proviso to Sub-Section (9)]. Matching, reversal and reclaim of input tax credit 42. (1) The details of every inward supply furnished by a registered… Read More »

Section 41 of Sikkim GST Act 2017 : Claim of input tax credit and provisional acceptance thereof

By | July 1, 2017

Section 41 of Sikkim GST Act 2017 [ Section 41 of Sikkim GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof and is covered in  CHAPTER IX  RETURNS ]  [ Enforced with effect from 1-7-2017. ] Claim of input tax credit and provisional acceptance thereof 41. (1) Every registered person shall, subject to such conditions and restrictions as may… Read More »

Section 40 of Sikkim GST Act 2017 : First Return

By | July 1, 2017

Section 40 of Sikkim GST Act 2017 [ Section 40 of Sikkim GST Act 2017 explains First Return and is covered in  CHAPTER IX  RETURNS ]  [ Enforced with effect from 1-7-2017. ] First Return 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration… Read More »

Section 39 of Sikkim GST Act 2017 : Furnishing of returns

By | July 1, 2017

Section 39 of Sikkim GST Act 2017 [ Section 39 of Sikkim GST Act 2017 explains Furnishing of returns and is covered in  CHAPTER IX  RETURNS ]  [ Enforced with effect from 1-7-2017. ] Furnishing of returns 39. (1) Every registered person, other than an Input Service Distributor or a non resident taxable person or a person paying tax under the provisions of… Read More »

Section 38 of Sikkim GST Act 2017 : Furnishing details of inward supplies

By | July 1, 2017

Section 38 of Sikkim GST Act 2017 [ Section 38 of Sikkim GST Act 2017 explains Furnishing details of inward supplies and is covered in  CHAPTER IX  RETURNS ]  [ Enforced with effect from 1-7-2017. ] Furnishing details of inward supplies 38. (1) Every registered person, other than an Input Service Distributor or a non resident taxable person or a person paying tax… Read More »

Section 37 of Sikkim GST Act 2017 : Furnishing details of outward supplies

By | July 1, 2017

Section 37 of Sikkim GST Act 2017 [ Section 37 of Sikkim GST Act 2017 explains Furnishing details of outward supplies and is covered in  CHAPTER IX  RETURNS ]  [ Enforced with effect from 1-7-2017. ] Furnishing details of outward supplies 37. (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the… Read More »

Section 36 of Sikkim GST Act 2017 : Period of retention of accounts

By | July 1, 2017

Section 36 of Sikkim GST Act 2017 [ Section 36 of Sikkim GST Act 2017 explains Period of retention of accounts and is covered in  CHAPTER VIII  ACCOUNTS AND RECORDS ]  [ Enforced with effect from 1-7-2017. ] Period of retention of accounts 36. Every registered person required to keep and maintain books of account or other records in accordance with the provisions… Read More »

Section 52 of Sikkim GST Act 2017 : Collection of tax at source

By | July 1, 2017

Section 52 of Sikkim GST Act 2017 [ Section 52 of Sikkim GST Act 2017 explains Collection of tax at source and is covered in  CHAPTER X  PAYMENT OF TAX ]  Collection of tax at source 52. (1) Notwithstanding anything to the contrary contained in this Act, every electronic commerce operator (hereafter in this section referred to as the “operator”), not… Read More »

Section 53 of Sikkim GST Act 2017 : Transfer of input tax credit

By | July 1, 2017

Section 53 of Sikkim GST Act 2017 [ Section 53 of Sikkim GST Act 2017 explains Transfer of input tax credit and is covered in  CHAPTER X  PAYMENT OF TAX ]  [ Enforced with effect from 1-7-2017. ] Transfer of input tax credit 53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated… Read More »

Section 51 of Sikkim GST Act 2017 :  Tax deduction at source

By | July 1, 2017

Section 51 of Sikkim GST Act 2017 [ Section 51 of Sikkim GST Act 2017 explains  Tax deduction at source and is covered in  CHAPTER X  PAYMENT OF TAX ]  Tax deduction at source 51. (1) Notwithstanding anything to the contrary contained in this Act, the Government may mandate,- (a) a department or establishment of the Central Government or State Government;… Read More »

Section 47 of Sikkim GST Act 2017 : Levy of late fee

By | July 1, 2017

Section 47 of Sikkim GST Act 2017 [ Section 47 of Sikkim GST Act 2017 explains Levy of late fee and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Levy of late fee 47. (1) Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section 38… Read More »

Section 50 of Sikkim GST Act 2017 : Interest on delayed payment of tax

By | July 1, 2017

Section 50 of Sikkim GST Act 2017 [ Section 50 of Sikkim GST Act 2017 explains Interest on delayed payment of tax and is covered in  CHAPTER X  PAYMENT OF TAX ] [ Enforced with effect from 1-7-2017. ] Interest on delayed payment of tax 50. (1) Every person who is liable to pay tax in accordance with the provisions of this… Read More »

Section 49 of Sikkim GST Act 2017 : Payment of tax, interest, penalty and other amounts

By | July 1, 2017

Section 49 of Sikkim GST Act 2017 [ Section 49 of Sikkim GST Act 2017 explains Payment of tax, interest, penalty and other amounts and is covered in  CHAPTER X  PAYMENT OF TAX ] [ Enforced with effect from 1-7-2017. ] Payment of tax, interest, penalty and other amounts 49. (1) Every deposit made towards tax, interest, penalty, fee or any other… Read More »

Section 45 of Sikkim GST Act 2017 : Final return

By | July 1, 2017

Section 45 of Sikkim GST Act 2017 [ Section 45 of Sikkim GST Act 2017 explains Final return and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Final return 45. Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled shall furnish a final… Read More »

Section 48 of Sikkim GST Act 2017 : Goods and services tax practitioners

By | July 1, 2017

Section 48 of Sikkim GST Act 2017 [ Section 48 of Sikkim GST Act 2017 explains Goods and services tax practitioners and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Goods and services tax practitioners 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal… Read More »

Section 46 of Sikkim GST Act 2017 : Notice to return defaulters

By | July 1, 2017

Section 46 of Sikkim GST Act 2017 [ Section 46 of Sikkim GST Act 2017 explains Notice to return defaulters and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Notice to return defaulters 46. Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be… Read More »

Section 44 of Sikkim GST Act 2017 : Annual return

By | July 1, 2017

Section 44 of Sikkim GST Act 2017 [ Section 44 of Sikkim GST Act 2017 explains Annual return and is covered in  CHAPTER IX  RETURNS ] [ Enforced with effect from 1-7-2017. ] Annual return 44. (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a… Read More »

Section 35 of Sikkim GST Act 2017 : Accounts and other records

By | July 1, 2017

Section 35 of Sikkim GST Act 2017 [ Section 35 of Sikkim GST Act 2017 explains Accounts and other records and is covered in  CHAPTER VIII  ACCOUNTS AND RECORDS ]  [ Enforced with effect from 1-7-2017. ] Accounts and other records 35. (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration,… Read More »

Section 34 of Sikkim GST Act 2017 : Credit and debit notes

By | July 1, 2017

Section 34 of Sikkim GST Act 2017 [ Section 34 of Sikkim GST Act 2017 explains Credit and debit notes and is covered in  CHAPTER VII  TAX INVOICE, CREDIT AND DEBIT NOTES ]  [ Enforced with effect from 1-7-2017. ] Credit and debit notes 34. (1) Where a tax invoice has been issued for supply of any goods or services or both and… Read More »

Section 33 of Sikkim GST Act 2017 : Amount of tax to be indicated in tax invoice and other document.

By | July 1, 2017

Section 33 of Sikkim GST Act 2017 [ Section 33 of Sikkim GST Act 2017 explains Amount of tax to be indicated in tax invoice and other document. and is covered in  CHAPTER VII  TAX INVOICE, CREDIT AND DEBIT NOTES ]  [ Enforced with effect from 1-7-2017. ] Amount of tax to be indicated in tax invoice and other document. 33. Notwithstanding anything… Read More »

Section 32 of Sikkim GST Act 2017 : Prohibition of unauthorised collection of tax

By | July 1, 2017

Section 32 of Sikkim GST Act 2017 [ Section 32 of Sikkim GST Act 2017 explains Prohibition of unauthorised collection of tax and is covered in  CHAPTER VII  TAX INVOICE, CREDIT AND DEBIT NOTES ]  [ Enforced with effect from 1-7-2017. ] Prohibition of unauthorised collection of tax 32. (1) A person who is not a registered person shall not collect in respect… Read More »

Section 31 of Sikkim GST Act 2017

By | July 1, 2017

Section 31 of Sikkim GST Act 2017 [ Section 31 of Sikkim GST Act 2017 explains Tax invoice and is covered in  CHAPTER VII  TAX INVOICE, CREDIT AND DEBIT NOTES ]  [ Enforced with effect from 1-7-2017. ] Tax invoice 31. (1) A registered person supplying taxable goods shall, before or at the time of,–– (a) removal of goods for supply to the… Read More »

Section 30 of Sikkim GST Act 2017 : Revocation of cancellation of registration

By | July 1, 2017

Section 30 of Sikkim GST Act 2017 [ Section 30 of Sikkim GST Act 2017 explains Revocation of cancellation of registration and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Revocation of cancellation of registration 30. (1) Subject to such conditions as may be prescribed, any registered person, whose registration is cancelled by the proper officer on… Read More »

Section 29 of Sikkim GST Act 2017 : Cancellation of registration

By | July 1, 2017

Section 29 of Sikkim GST Act 2017 [ Section 29 of Sikkim GST Act 2017 explains Cancellation of registration and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Cancellation of registration 29. (1) The proper officer may, either on his own motion or on an application filed by the registered person or by his legal heirs, in… Read More »

Section 28 of Sikkim GST Act 2017 : Amendment of registration

By | July 1, 2017

Section 28 of Sikkim GST Act 2017 [ Section 28 of Sikkim GST Act 2017 explains Amendment of registration and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Amendment of registration 28. (1) Every registered person and a person to whom a Unique Identity Number has been assigned shall inform the proper officer of any changes in… Read More »

Section 27 of Sikkim GST Act 2017 : Special provisions relating to casual taxable person and non-resident taxable person

By | July 1, 2017

Section 27 of Sikkim GST Act 2017 [ Section 27 of Sikkim GST Act 2017 explains Special provisions relating to casual taxable person and non-resident taxable person and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Special provisions relating to casual taxable person and non-resident taxable person 27. (1) The certificate of registration issued to a casual… Read More »

Section 26 of Sikkim GST Act 2017 : Deemed registration

By | July 1, 2017

Section 26 of Sikkim GST Act 2017 [ Section 26 of Sikkim GST Act 2017 explains Deemed registration and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Deemed registration 26. (1) The grant of registration or the Unique Identity Number under the Central Goods and Services Tax Act shall be deemed to be a grant of registration or the… Read More »

Section 25 of Sikkim GST Act 2017 : Procedure for registration

By | July 1, 2017

Section 25 of Sikkim GST Act 2017 [ Section 25 of Sikkim GST Act 2017 explains Procedure for registration and is covered in  CHAPTER VI  REGISTRATION ]  [ Enforced with effect from 22-6-2017. ] Procedure for registration 25. (1) Every person who is liable to be registered under section 22 or section 24 shall apply for registration within thirty days from the date… Read More »

Section 13 of Sikkim GST Act 2017 : Time of supply of services

By | July 1, 2017

Section 13 of Sikkim GST Act 2017 [ Section 13 of Sikkim GST Act 2017 explains Time of supply of services and is covered in  CHAPTER IV  TIME AND VALUE OF SUPPLY  ] [ Enforced with effect from 1-7-2017. ] Time of supply of services 13. (1) The liability to pay tax on services shall arise at the time of supply, as… Read More »

Section 11 of Sikkim GST Act 2017 : Power to grant exemption from tax

By | July 1, 2017

Section 11 of Sikkim GST Act 2017 [ Section 11 of Sikkim GST Act 2017 explains Power to grant exemption from tax and is covered in  CHAPTER III  LEVY AND COLLECTION OF TAX  ] [ Enforced with effect from 1-7-2017. ] Power to grant exemption from tax 11. (1) Where the Government is satisfied that it is necessary in the public interest… Read More »

Section 9 of Sikkim GST Act 2017 : Levy and collection

By | July 1, 2017

Section 9 of Sikkim GST Act 2017 [ Section 9 of Sikkim GST Act 2017 explains Levy and collection and is covered in  CHAPTER III  LEVY AND COLLECTION OF TAX  ] [ Enforced with effect from 1-7-2017. ] Levy and collection 9. (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the Sikkim Goods and Services… Read More »

New Central Excise Rules 2017 w.e.f 01.07.2017 – Notification No 19/2017 – Central Excise (N.T.) Dated 30th June, 2017

By | July 1, 2017

Notification No 19/2017 – Central Excise (N.T.) Dated 30th June, 2017 Seeks to notify the new Central Excise Rules 2017 vide Notification No 19/2017 – Central Excise (N.T.) Dated 30th June, 2017 [TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART –II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)… Read More »