Daily Archives: July 7, 2017

IGST exemption to SEZs on import of Goods : -Notification 64/2017 Customs dated. 05-07-2017 

By | July 7, 2017

Notification 64/2017 Customs dated. 05-07-2017  IGST exemption to SEZs on import of Goods by a unit/developer in an SEZ vide Notification 64/2017-Cus,dated. 05-07-2017  [TO BE 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. 64/2017- Customs New Delhi, the 5th… Read More »

Notification No 18/2017 Integrated Tax (Rate) Dated 5th July, 2017 : IGST exemption to SEZs on import of Services

By | July 7, 2017

Notification No 18/2017 Integrated Tax (Rate) Dated 5th July, 2017 IGST exemption to SEZs on import of Services by a unit/developer in an SEZ  vide Notification No. 18/2017 -Integrated Tax (Rate) Dated 5th July, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT… Read More »

Rescinding Exemption from Integrated Tax to SEZ : Notification No. 17/2017 -Integrated Tax (Rate) Dated 5th July, 2017

By | July 7, 2017

Notification No. 17/2017 -Integrated Tax (Rate) Dated 5th July, 2017 Rescinding Notification No. 15/2017-Integrated Tax (Rate) dated 30.06.2017 Vide Notification No. 17/2017 -Integrated Tax (Rate) Dated 5th July, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 17/2017 -Integrated Tax (Rate)… Read More »

GST Masterclass 2 by Revenue Secretary of India , Hasmukh Adhia – Video

By | July 7, 2017

GST Masterclass 2 by Revenue Secretary of India , Hasmukh Adhia GST Masterclass 2 on 07.07.2017 [ Watch GST Masterclass 1 by Revenue Secretary of India ; Hasmukh Adhia ; Video ] Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts     GST Rules GST Rules   GST Rates… Read More »

Allowances : 7th Central Pay Commission Approved :- Notification No. 11-1/2016-IC 6th July 2017

By | July 7, 2017

Notification No. 11-1/2016-IC Dated 6th July 2017 Government of India accepted the recommendations of Seventh Central Pay Commission on allowances with 34 modifications as specified in Appendix I. The Statement showing the recommendations of the Commission on allowances and the Government’s decision thereon is annexed at Appendix II : Notification No. 11-1/2016-IC Dated 6th July… Read More »

Highlights of Allowances of 7th Central Pay Commission approved by Govt

By | July 7, 2017

The Central Government’s decision on recommendations of the 7th Central Pay Commission (CPC) on Allowances published in Gazette of India yesterday i.e. 6th July, 2017; All allowances are given effect from 1st July 2017;  Concerned Ministries advised to issue their Orders on Allowances governed by them immediately so that the revised rates of allowances get… Read More »

GST : Education will not become expensive : Govt

By | July 7, 2017

The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST; Rather services provided by an educational institution to students, faculty and staff… Read More »

Schedule III UP GST Act 2017 : Activities or Transactions Which Shall Be Treated Neither as A Supply of Goods Nor a Supply of Services

By | July 7, 2017

Schedule III UP GST Act 2017 [ Schedule III  UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Activities or Transactions Which Shall Be Treated Neither as A Supply of Goods Nor a Supply of Services   ] SCHEDULE III [See section 7] : ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR… Read More »

Schedule II UP GST Act 2017 : Activities To Be Treated as Supply of Goods or Supply of Services

By | July 7, 2017

Schedule II UP GST Act 2017 [ Schedule II  UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Activities To Be Treated as Supply of Goods or Supply of Services  ] SCHEDULE II [See section 7] ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES 1 .Transfer (a) any transfer of the title… Read More »

Schedule I UP GST Act 2017 : Activities To Be Treated as Supply Even If Made Without Consideration

By | July 7, 2017

Schedule I UP GST Act 2017 [ Schedule I  UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Activities To Be Treated as Supply Even If Made Without Consideration  ] SCHEDULE I [See section 7] ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION 1. Permanent transfer or disposal of business assets where input… Read More »

Section 172 UP GST Act 2017 : Removal of difficulties

By | July 7, 2017

Section 172 UP GST Act 2017 [ Section 172 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Removal of difficulties and is covered in  Chapter XXI  : Miscellaneous  ] Removal of difficulties 172 . (1) If any difficulty arises in giving effect to any provisions of this Act the Government may, on the recommendations of the Council, by… Read More »

Section 171 UP GST Act 2017 : Anti-profiteering Measure

By | July 7, 2017

Section 171 UP GST Act 2017 [ Section 171 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Anti-profiteering Measure and is covered in  Chapter XXI  : Miscellaneous  ] Anti-profiteering Measure 171 .(1) Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the… Read More »

Section 169 UP GST Act 2017 : Service of notice in certain circumstances

By | July 7, 2017

Section 169 UP GST Act 2017 [ Section 169 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Service of notice in certain circumstances and is covered in  Chapter XXI  : Miscellaneous  ] Service of notice in certain circumstances 169 . (1) Any decision, order, summons, notice or other communication under this Act or the rules made there under… Read More »

Section 168 UP GST Act 2017 : Power to issue instructions or directions

By | July 7, 2017

Section 168 UP GST Act 2017 [ Section 168 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Power to issue instructions or directions and is covered in  Chapter XXI  : Miscellaneous  ] Power to issue instructions or directions 168 . The Commissioner may, if he considers it necessary or expedient so to do for the purpose of uniformity… Read More »

Section 167 UP GST Act 2017 : Delegation of powers

By | July 7, 2017

Section 167 UP GST Act 2017 [ Section 167 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Delegation of powers and is covered in  Chapter XXI  : Miscellaneous  ] Delegation of powers 167 . The Commissioner may, by notification, direct that subject to such conditions, if any, as may be specified in the notification, any power exercisable by… Read More »

Section 166 UP GST Act 2017 : Laying of rules, regulations and notifications

By | July 7, 2017

Section 166 UP GST Act 2017 [ Section 166 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Laying of rules, regulations and notifications and is covered in  Chapter XXI  : Miscellaneous  ] Laying of rules, regulations and notifications 166 . Every rule made by the Government, every regulation made by the Government and every notification issued by the… Read More »

Section 165 UP GST Act 2017 : Power to make regulations

By | July 7, 2017

Section 165 UP GST Act 2017 [ Section 165 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Power to make regulations and is covered in  Chapter XXI  : Miscellaneous  ] Power to make regulations 165 . The Government may, by notification, make regulations consistent with this Act and the rules made there under to carry out the provisions… Read More »

Section 164 UP GST Act 2017 : Power of Government to make rules

By | July 7, 2017

Section 164 UP GST Act 2017 [ Section 164 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Power of Government to make rules and is covered in  Chapter XXI  : Miscellaneous  ] Power of Government to make rules 164 . (1) The Government may, on the recommendations of the Council, by notification, make rules for carrying out the… Read More »

Section 162 UP GST Act 2017 : Bar on jurisdiction of civil courts

By | July 7, 2017

Section 162 UP GST Act 2017 [ Section 162 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Bar on jurisdiction of civil courts and is covered in  Chapter XXI  : Miscellaneous  ] Bar on jurisdiction of civil courts 162 . Save as provided in sections 117 and 118, no civil court shall have jurisdiction to deal with or… Read More »

Section 161 UP GST Act 2017 : Rectification of errors apparent on, the face of record

By | July 7, 2017

Section 161 UP GST Act 2017 [ Section 161 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Rectification of errors apparent on, the face of record and is covered in  Chapter XXI  : Miscellaneous  ] Rectification of errors apparent on, the face of record 161 . Without prejudice to the provisions of section 160, and notwithstanding anything contained… Read More »

Section 160 UP GST Act 2017 : Assessment proceedings, etc not to be invalid on certain grounds

By | July 7, 2017

Section 160 UP GST Act 2017 [ Section 160 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Assessment proceedings, etc not to be invalid on certain grounds and is covered in  Chapter XXI  : Miscellaneous  ] Assessment proceedings, etc not to be invalid on certain grounds 160 . (1) No assessment, re-assessment, adjudication, review, revision, appeal, rectification, notice,… Read More »

Section 159 UP GST Act 2017 : Publication of information in respect of persons in certain cases

By | July 7, 2017

Section 159 UP GST Act 2017 [ Section 159 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Publication of information in respect of persons in certain cases and is covered in  Chapter XXI  : Miscellaneous  ] Publication of information in respect of persons in certain cases 159 . (1) If the Commissioner, or any other officer authorised by… Read More »

Section 158 UP GST Act 2017 : Disclosure of information by a public servant

By | July 7, 2017

Section 158 UP GST Act 2017 [ Section 158 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Disclosure of information by a public servant  and is covered in  Chapter XXI  : Miscellaneous  ] Disclosure of information by a public servant 158 . (1) All particulars contained in any statement made, return furnished or accounts or documents produced in… Read More »

Section 157 UP GST Act 2017 : Protection of action taken under this Act

By | July 7, 2017

Section 157 UP GST Act 2017 [ Section 157 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Protection of action taken under this Act  and is covered in  Chapter XXI  : Miscellaneous  ] Protection of action taken under this Act 157 . (1) No suit, prosecution or other legal proceedings shall lie against the President, State President, Members,… Read More »

Section 156 UP GST Act 2017 : Persons deemed to be public servants

By | July 7, 2017

Section 156 UP GST Act 2017 [ Section 156 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Persons deemed to be public servants   and is covered in  Chapter XXI  : Miscellaneous  ] Persons deemed to be public servants 156 . All persons discharging functions under this Act shall be deemed to be public servants within the meaning of… Read More »

Section 153 UP GST Act 2017 : Taking assistance from an expert

By | July 7, 2017

Section 153 UP GST Act 2017 [ Section 153 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Taking assistance from an expert and is covered in  Chapter XXI  : Miscellaneous  ] Taking assistance from an expert 153 . Any officer not below the rank of Assistant Commissioner may, having regard to the nature and complexity of the case… Read More »

Section 152 UP GST Act 2017 : Bar on disclosure of information

By | July 7, 2017

Section 152 UP GST Act 2017 [ Section 152 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Bar on disclosure of information and is covered in  Chapter XXI  : Miscellaneous  ] Bar on disclosure of information 152 . (1) No information of any individual return or part thereof with respect to any matter given for the purposes of… Read More »

Section 151 UP GST Act 2017 : Power to collect statistics

By | July 7, 2017

Section 151 UP GST Act 2017 [ Section 151 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Power to collect statistics and is covered in  Chapter XXI  : Miscellaneous  ] Power to collect statistics 151 .(1) The Commissioner may, if he considers that it is necessary so to do, by notification, direct that statistics may be collected relating… Read More »

Section 150 UP GST Act 2017 : Obligation to furnish information return

By | July 7, 2017

Section 150 UP GST Act 2017 [ Section 150 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Obligation to furnish information return and is covered in  Chapter XXI  : Miscellaneous  ] Obligation to furnish information return 150 . (1) Any person, being— (a) a taxable person; or (b) a local authority or other public body or association; or… Read More »

Section 149 UP GST Act 2017 : Goods and services tax compliance rating

By | July 7, 2017

Section 149 UP GST Act 2017 [ Section 149 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Goods and services tax compliance rating and is covered in  Chapter XXI  : Miscellaneous  ] Goods and services tax compliance rating 149 . (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government… Read More »

Section 148 UP GST Act 2017 : Special procedure for certain processes

By | July 7, 2017

Section 148 UP GST Act 2017 [ Section 148 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Special procedure for certain processes and is covered in  Chapter XXI  : Miscellaneous  ] Special procedure for certain processes 148 . The Government may, on the recommendations of the Council, and subject to such conditions and safe guards as may be… Read More »

Section 147 UP GST Act 2017 : Deemed Exports

By | July 7, 2017

Section 147 UP GST Act 2017 [ Section 147 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Deemed Exports and is covered in  Chapter XXI  : Miscellaneous  ] Deemed Exports 147 . The Government may, on the recommendations of the Council, notify certain supplies of goods as “deemed exports”, where goods supplied do not leave India, and payment… Read More »

Section 146 UP GST Act 2017 : Common Portal

By | July 7, 2017

Section 146 UP GST Act 2017 [ Section 146 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Common Portal and is covered in  Chapter XXI  : Miscellaneous  ] Common Portal 146 . The Government may, on the recommendations of the Council, notify the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of… Read More »

Section 145 UP GST Act 2017 : Admissibility of micro films, facsimile copies 1 of documents and computer printouts as documents and as evidence

By | July 7, 2017

Section 145 UP GST Act 2017 [ Section 145 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Admissibility of micro films, facsimile copies 1 of documents and computer printouts as documents and as evidence and is covered in  Chapter XXI  : Miscellaneous  ] Admissibility of micro films, facsimile copies 1 of documents and computer printouts as documents… Read More »

Section 144 UP GST Act 2017 : Presumption as to documents in certain cases

By | July 7, 2017

Section 144 UP GST Act 2017 [ Section 144 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Presumption as to documents in certain cases and is covered in  Chapter XXI  : Miscellaneous  ] Presumption as to documents in certain cases 144 . Where any document- (i) is produced by any person under this Act or any other law… Read More »

Section 143 UP GST Act 2017 : Job work procedure

By | July 7, 2017

Section 143 UP GST Act 2017 [ Section 143 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Job work procedure and is covered in  Chapter XXI  : Miscellaneous  ] Job work procedure 143 . (1) A registered person (hereafter in this section referred to as the principal”) may, under intimation and subject to such conditions as may be… Read More »

Section 142 UP GST Act 2017 : Miscellaneous transitional provisions

By | July 7, 2017

Section 142 UP GST Act 2017 [ Section 142 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Miscellaneous transitional provisions and is covered in  Chapter XX  : Transitional Provisions  ] Miscellaneous transitional provisions 142 . (1) Where any goods on which tax, if any, had been paid under the existing law at the time of sale thereof, not being earlier than… Read More »

Section 141 UP GST Act 2017 : Transitional provisions relating to job work

By | July 7, 2017

Section 141 UP GST Act 2017 [ Section 141 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Transitional provisions relating to job work and is covered in  Chapter XX  : Transitional Provisions  ] Transitional provisions relating to job work 141 . (1)Where any inputs received at a place of business had been despatched as such or despatched after being… Read More »

Section 140 UP GST Act 2017 : Transitional arrangements for input tax credit

By | July 7, 2017

Section 140 UP GST Act 2017 [ Section 140 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Transitional arrangements for input tax credit and is covered in  Chapter XX  : Transitional Provisions  ] Transitional arrangements for input tax credit 140 . (1) A registered person, other than a person opting to pay tax under section 10, shall be entitled… Read More »

Section 139 UP GST Act 2017 : Migration of existing taxpayers

By | July 7, 2017

Section 139 UP GST Act 2017 [ Section 139 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Migration of existing taxpayers and is covered in  Chapter XX  : Transitional Provisions  ]   Migration of existing taxpayers 139 . (1) On and from the appointed day, every person registered under any of the existing laws and having a valid Permanent… Read More »

Section 138 UP GST Act 2017 : Compounding of offences

By | July 7, 2017

Section 138 UP GST Act 2017 [ Section 138 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Compounding of offences and is covered in  Chapter XIX  : Offences and Penalties  ] Compounding of offences 138 . (1) Any offence under this Act (Act no. 2 of 1974) may, either before or after the institution of prosecution, be compounded… Read More »

Section 136 UP GST Act 2017 : Relevancy of statements under certain circumstances

By | July 7, 2017

Section 136 UP GST Act 2017 [ Section 136 UP GST Act 2017 (Uttar Pradesh GST Act 2017) explains Relevancy of statements under certain circumstances  and is covered in  Chapter XIX  : Offences and Penalties  ] Relevancy of statements under certain circumstances 136 . A statement made and signed by a person on appearance in response to any summons issued… Read More »