Daily Archives: July 3, 2017

GST Compensation Cess Rules 2017 Notification No. 2/2017–Compensation Cess Dated 1st July, 2017

By | July 3, 2017

GST Compensation Cess Rules 2017 GST Compensation Cess Rules 2017 Notified via Notification No. 2/2017–Compensation Cess Dated 1st July, 2017 given below MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st July, 2017 No. 2/2017–Compensation Cess G.S.R. 820(E).—In exercise of the powers conferred by sub-section (2) of section 12, read with section 11 of… Read More »

CGST Rules Third Amendment 2017 : Notification No 15/2017 Central Tax  Dated 1st July, 2017

By | July 3, 2017

Notification No 15/2017 Central Tax Dated 1st July, 2017 Amending CGST Rules notification 10/2017-CT dt 28.06.2017 vide Notification No 15/2017 Central Tax Dated 1st July, 2017 Following Chapters has been addded via Amended Rules :- “Chapter – XVII – Inspection, Search and Seizure ( Rule 139 to 141 ) CHAPTER – XVIII – DEMANDS AND RECOVERY… Read More »

Section 95 Puducherry GST Act 2017 : Definitions of Advance Ruling

By | July 3, 2017

Section 95 Puducherry GST Act 2017 [ Section 95 of Puducherry GST Act 2017 explains Definitions of Advance Ruling ] CHAPTER XVII ADVANCE RULING Definitions 95 . In this Chapter, unless the context otherwise requires,— (a) “advance ruling” means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions specified… Read More »

Section 94 Puducherry GST Act 2017 : Liability in other cases

By | July 3, 2017

Section 94 Puducherry GST Act 2017 [ Section 94 of Puducherry GST Act 2017 explains Liability in other cases ] Liability in other cases 94. (1) Where a taxable person is a firm or an association of persons or a Hindu Undivided Family and such firm, association or family has discontinued business- (a) the tax, interest or penalty… Read More »

Section 93 Puducherry GST Act 2017 : Special provisions regarding liability to pay tax, interest or penalty in certain cases

By | July 3, 2017

Section 93 Puducherry GST Act 2017 [ Section 93 of Puducherry GST Act 2017 explains Special provisions regarding liability to pay tax, interest or penalty in certain cases ] Special provisions regarding liability to pay tax, interest or penalty in certain cases 93. (1) Save as otherwise provided in the Insolvency and Bankruptcy Code, 2016 (Central Act 31of… Read More »

Section 92 Puducherry GST Act 2017 : Liability of Court of Wards, etc.

By | July 3, 2017

Section 92 Puducherry GST Act 2017 [ Section 92 of Puducherry GST Act 2017 explains Liability of Court of Wards, etc.] Liability of Court of Wards, etc. 92. Where the estate or any portion of the estate of a taxable person owning a business in respect of which any tax, interest or penalty is payable under this… Read More »

Section 91 Puducherry GST Act 2017 : Liability of guardians, trustees, etc.

By | July 3, 2017

Section 91 Puducherry GST Act 2017 [ Section 91 of Puducherry GST Act 2017 explains Liability of guardians, trustees, etc.] Liability of guardians, trustees, etc. 91. Where the business in respect of which any tax, interest or penalty is payable under this Act is carried on by any guardian, trustee or agent of a minor or other… Read More »

Section 89 Puducherry GST Act 2017 : Liability of directors of private company

By | July 3, 2017

Section 89 Puducherry GST Act 2017 [ Section 89 of Puducherry GST Act 2017 explains Liability of directors of private company ] Liability of directors of private company 89. (1) Notwithstanding anything contained in the Companies Act, 2013 (Central Act 18 of 2013), where any tax, interest or penalty due from a private company in respect of any… Read More »

Section 88 Puducherry GST Act 2017 : Liability in case of company in liquidation

By | July 3, 2017

Section 88 Puducherry GST Act 2017 [ Section 88 of Puducherry GST Act 2017 explains Liability in case of company in liquidation ] Liability in case of company in liquidation 88. (1) When any company is being wound up whether under the orders of a court or Tribunal or otherwise, every person appointed as receiver of any assets… Read More »

Section 87 Puducherry GST Act 2017  : Liability in case of amalgamation or merger of companies

By | July 3, 2017

Section 87 Puducherry GST Act 2017 [ Section 87 of Puducherry GST Act 2017 explains Liability in case of amalgamation or merger of companies ] Liability in case of amalgamation or merger of companies 87. (1) When two or more companies are amalgamated or merged in pursuance of an order of court or of Tribunal or otherwise and… Read More »

Section 86 Puducherry GST Act 2017 : Liability of agent and principal

By | July 3, 2017

Section 86 Puducherry GST Act 2017 [ Section 86 of Puducherry GST Act 2017 explains Liability of agent and principal ] Liability of agent and principal 86. Where an agent supplies or receives any taxable goods on behalf of his principal, such agent and his principal shall, jointly and severally, be liable to pay the tax payable on… Read More »

Section 85 Puducherry GST Act 2017 : Liability in case of transfer of business

By | July 3, 2017

Section 85 Puducherry GST Act 2017 [ Section 85 of Puducherry GST Act 2017 explains Liability in case of transfer of business ] CHAPTER XVI LIABILITY TO PAY IN CERTAIN CASES Liability in case of transfer of business 85. (1) Where a taxable person, liable to pay tax under this Act, transfers his business in whole or in… Read More »

Section 84 Puducherry GST Act 2017 : Continuation and validation of certain recovery proceedings

By | July 3, 2017

Section 84 Puducherry GST Act 2017 [ Section 84 of Puducherry GST Act 2017 explains Continuation and validation of certain recovery proceedings ] Continuation and validation of certain recovery proceedings 84. Where any notice of demand in respect of any tax, penalty, interest or any other amount payable under this Act, (hereafter in this section referred to as… Read More »

Section 83 Puducherry GST Act 2017 : Provisional attachment to protect revenue in certain cases.

By | July 3, 2017

Section 83 Puducherry GST Act 2017 [ Section 83 of Puducherry GST Act 2017 explains Provisional attachment to protect revenue in certain cases. ] Provisional attachment to protect revenue in certain cases. 83. (1) Where during the pendency of any proceedings under section 62 or section 63 or section 64 or section 67 or section 73 or section… Read More »

Section 82 Puducherry GST Act 2017 : Tax to be first charge on property

By | July 3, 2017

Section 82 Puducherry GST Act 2017 [ Section 82 of Puducherry GST Act 2017 explains Tax to be first charge on property ] Tax to be first charge on property 82. Notwithstanding anything to the contrary contained in any law for the time being in force, save as otherwise provided in the Insolvency and Bankruptcy Code, 2016 (Central… Read More »

Section 81 Puducherry GST Act 2017 : Transfer of property to be void in certain cases

By | July 3, 2017

Section 81 Puducherry GST Act 2017 [ Section 81 of Puducherry GST Act 2017 explains Transfer of property to be void in certain cases ] Transfer of property to be void in certain cases 81. Where a person, after any amount has become due from him, creates a charge on or parts with the property belonging to him or… Read More »

Section 80 Puducherry GST Act 2017 : Payment of tax and other amount in instalments.

By | July 3, 2017

Section 80 Puducherry GST Act 2017 [ Section 80 of Puducherry GST Act 2017 explains Payment of tax and other amount in instalments. ] Payment of tax and other amount in instalments. 80. On an application filed by a taxable person, the Commissioner may, for reasons to be recorded in writing, extend the time for payment or allow… Read More »

Section 78 Puducherry GST Act 2017 : Initiation of recovery proceelings

By | July 3, 2017

Section 78 Puducherry GST Act 2017 [ Section 78 of Puducherry GST Act 2017 explains Initiation of recovery proceelings ] Initiation of recovery proceelings 78. Any amount payable by a taxable person in pursuance of an order passed under this Act shall be paid by such person within a period of three months from the date of service… Read More »

Section 77 Puducherry GST Act 2017 : Tax wrongfully collected and paid to Central Government or State Government

By | July 3, 2017

Section 77 Puducherry GST Act 2017 [ Section 77 of Puducherry GST Act 2017 explains Tax wrongfully collected and paid to Central Government or State Government ] Tax wrongfully collected and paid to Central Government or State Government 77. (1) A registered person who has paid the central tax and State tax on a transaction considered by him… Read More »

Section 76 Puducherry GST Act 2017 : Tax collected but not paid to Government

By | July 3, 2017

Section 76 Puducherry GST Act 2017 [ Section 76 of Puducherry GST Act 2017 explains Tax collected but not paid to Government ] Tax collected but not paid to Government 76. (1) Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court or in any other provisions of… Read More »

Section 75 Puducherry GST Act 2017 : General provisions relating to determination of tax

By | July 3, 2017

Section 75 Puducherry GST Act 2017 [ Section 75 of Puducherry GST Act 2017 explains General provisions relating to determination of tax ] General provisions relating to determination of tax 75. (1) Where the service of notice or issuance of order is stayed by an order of a court or Appellate Tribunal, the period of such stay shall… Read More »

Section 74 Puducherry GST Act 2017 : Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful-misstatement or suppression of facts.

By | July 3, 2017

Section 74 Puducherry GST Act 2017 [ Section 74 of Puducherry GST Act 2017 explains Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful-misstatement or suppression of facts. ] Determination of tax not paid or short paid or erroneously refunded… Read More »

Section 73 Puducherry GST Act 2017 – Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful-misstatement or suppression of facts

By | July 3, 2017

Section 73 Puducherry GST Act 2017 [ Section 73 of Puducherry GST Act 2017 explains Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful-misstatement or suppression of facts ] CHAPTER XV DEMANDS AND RECOVERY Determination of tax not… Read More »

Section 72 Puducherry GST Act 2017 : Officers to assist proper officers

By | July 3, 2017

Section 72 Puducherry GST Act 2017 [ Section 72 of Puducherry GST Act 2017 explains Officers to assist proper officers  ] Officers to assist proper officers 72. (1) All officers of Police, Railways, Customs, and those officers engaged in the collection of land revenue, including village officers, officers of central tax and officers of the Union territory tax… Read More »

Section 71 Puducherry GST Act 2017 : Access to business premises

By | July 3, 2017

Section 71 Puducherry GST Act 2017 [ Section 71 of Puducherry GST Act 2017 explains Access to business premises  ] Access to business premises 71. (1) Any officer under this Act, authorised by the proper officer not below the rank of Joint Commissioner, shall have access to any place of business of a registered person to inspect books… Read More »

Section 70 Puducherry GST Act 2017 : Power to summon persons to give evidence and produce documents

By | July 3, 2017

Section 70 Puducherry GST Act 2017 [ Section 70 of Puducherry GST Act 2017 explains Power to summon persons to give evidence and produce documents ] Power to summon persons to give evidence and produce documents 70. (1) The proper officer under this Act shall have power to summon any person whose attendance he considers necessary either to… Read More »

Section 68 Puducherry GST Act 2017 : Inspection of goods in movement

By | July 3, 2017

Section 68 Puducherry GST Act 2017 [ Section 68 of Puducherry GST Act 2017 explains Inspection of goods in movement  ] Inspection of goods in movement 68. (1) The Government may require the person in charge of a conveyance carrying any consignment of goods of value exceeding such amount as may be specified to carry with him such… Read More »

Section 67 Puducherry GST Act 2017 : Power of inspection, search and seizure

By | July 3, 2017

Section 67 Puducherry GST Act 2017 [ Section 67 of Puducherry GST Act 2017 explains Power of inspection, search and seizure  ] CHAPTER XIV INSPECTION, SEARCH, SEIZURE AND ARREST Power of inspection, search and seizure 67. (1) Where the proper officer, not below the rank of Joint Commissioner, has reasons to believe that— (a) a taxable person has… Read More »

Section 66 Puducherry GST Act 2017 : Special audit

By | July 3, 2017

Section 66 Puducherry GST Act 2017 [ Section 66 of Puducherry GST Act 2017 explains Special audit  ] Special audit 66. (1) If at any stage of scrutiny, inquiry, investigation or any other proceedings before him, any officer not below the rank of Assistant Commissioner, having regard to the nature and complexity of the case and the interest… Read More »

Section 65 Puducherry GST Act 2017 : Audit by tax authorities

By | July 3, 2017

Section 65 Puducherry GST Act 2017 [ Section 65 of Puducherry GST Act 2017 explains Audit by tax authorities  ] CHAPTER XIII AUDIT Audit by tax authorities 65. (1) The Commissioner or any officer authorised by him, by way of a general or a specific order, may undertake audit of any registered person for such period, at such… Read More »

Section 64 Puducherry GST Act 2017 : Summary assessment in certain special cases

By | July 3, 2017

Section 64 Puducherry GST Act 2017 [ Section 64 of Puducherry GST Act 2017 explains Summary assessment in certain special cases   ]   Summary assessment in certain special cases 64. (1) The proper officer may, on any evidence showing a tax liability of a person coming to his notice, with the previous permission of Additional Commissioner or Joint… Read More »

Section 63 Puducherry GST Act 2017 : Assessment of unregistered persons

By | July 3, 2017

Section 63 Puducherry GST Act 2017 [ Section 63 of Puducherry GST Act 2017 explains Assessment of unregistered persons   ] Assessment of unregistered persons. 63. Notwithstanding anything to the contrary contained in section 73 or section 74, where a taxable person fails to obtain registration even though liable to do so or whose registration has been cancelled under… Read More »

Section 62 Puducherry GST Act 2017 : Assessment of non-filers of returns

By | July 3, 2017

Section 62 Puducherry GST Act 2017 [ Section 62 of Puducherry GST Act 2017 explains Assessment of non-filers of returns   ] Assessment of non-filers of returns 62. (1) Notwithstanding anything to the contrary contained in section 73 or section 74, where a registered person fails to furnish the return under section 39 or section 45, even after the… Read More »

Section 61 Puducherry GST Act 2017 : Scrutiny of returns

By | July 3, 2017

Section 61 Puducherry GST Act 2017 [ Section 61 of Puducherry GST Act 2017 explains Scrutiny of returns   ] Scrutiny of returns 61. (1) The proper officer may scrutinize the return and related particulars furnished by the registered person to verify the correctness of the return and inform him of the discrepancies noticed, if any, in such manner… Read More »

Section 60 Puducherry GST Act 2017 : Provisional assessment

By | July 3, 2017

Section 60 Puducherry GST Act 2017 [ Section 60 of Puducherry GST Act 2017 explains Provisional assessment   ] Provisional assessment 60. (1) Subject to the provisions of sub-section (2), where the taxable person is unable to determine the value of goods or services or both or determine the rate of tax applicable thereto, he may request the proper… Read More »

Section 59 Puducherry GST Act 2017 : Self-assessment

By | July 3, 2017

Section 59 Puducherry GST Act 2017 [ Section 59 of Puducherry GST Act 2017 explains Self-assessment.  ] CHAPTER—XII ASSESSMENT Self-assessment 59. Every registered person shall self-assess the taxes payable under this Act and furnish a return for each tax period as specified under section 39. Read Complete Puducherry GST Act 2017 Puducherry GST Act 2017 Puducherry GST Rules Puducherry… Read More »

Section 58 Puducherry GST Act 2017 : Utilisation of Fund

By | July 3, 2017

Section 58 Puducherry GST Act 2017 [ Section 58 of Puducherry GST Act 2017 explains Utilisation of  Consumer Welfare Fund.  ] Utilisation of Fund 58. (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed. (2) The Government or the authority specified… Read More »

Section 57 Puducherry GST Act 2017 : Consumer Welfare Fund.

By | July 3, 2017

Section 57 Puducherry GST Act 2017 [ Section 57 of Puducherry GST Act 2017 explains Consumer Welfare Fund.  ] Consumer Welfare Fund. 57. The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,— (a) the amount referred to in sub-section (5) of section 54; (b) any income… Read More »

Section 56 Puducherry GST Act 2017 : Interest on delayed refunds

By | July 3, 2017

Section 56 Puducherry GST Act 2017 [ Section 56 of Puducherry GST Act 2017 explains Interest on delayed refunds  ] Interest on delayed refunds 56. If any tax ordered to be refunded under sub-section (5) of section 54 to any applicant is not refunded within sixty days from the date of receipt of application under sub-section (1) of… Read More »

Section 55 Puducherry GST Act 2017 : Refund in certain cases

By | July 3, 2017

Section 55 Puducherry GST Act 2017 [ Section 55 of Puducherry GST Act 2017 explains Refund in certain cases ] Refund in certain cases 55. The Government may, on the recommendations of the Council, by notification, specify any specialized agency of the United Nations Organization or any Multilateral Financial Institution and Organization notified under the United Nations (Privileges… Read More »

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

By | July 3, 2017

Section 53 Puducherry GST Act 2017 [ Section 53 of Puducherry GST Act 2017 explains Transfer of input tax credit ] Transfer of input tax credit 53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated Goods and Services Tax Act in accordance with the provisions of sub-section (5)… Read More »

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

By | July 3, 2017

Section 52 Puducherry GST Act 2017 [ Section 52 of Puducherry GST Act 2017 explains Collection of tax at source ] 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 being an agent, shall collect an amount… Read More »

Section 51 Puducherry GST Act 2017 : Tax deduction at source

By | July 3, 2017

Section 51 Puducherry GST Act 2017 [ Section 51 of Puducherry GST Act 2017 explains Tax deduction at source ] 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; or (b) local authority; or (c) Governmental… Read More »

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

By | July 3, 2017

Section 49 Puducherry GST Act 2017 [ Section 49 of Puducherry GST Act 2017 explains Payment of tax, interest, penalty and other amounts ] CHAPTER X PAYMENT OF TAX Payment of tax, interest, penalty and other amounts 49. (1) Every deposit made towards tax, interest, penalty, fee or any other amount by a person by internet banking or… Read More »

Section 48 Puducherry GST Act 2017 : Goods and services tax practitioners

By | July 3, 2017

Section 48 Puducherry GST Act 2017 [ Section 48 of Puducherry GST Act 2017 explains Goods and services tax practitioners ] 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 and other conditions relevant for their functioning shall be such as may… Read More »