Daily Archives: July 8, 2017

Opt for GST composition scheme before 21st July 2017 : Govt Clarify

By | July 8, 2017

Clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply.  The Rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These Rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of… Read More »

GST Rates Finder Mobile App Launched by Govt

By | July 8, 2017

GST Rates Finder Mobile App The Central Board of Excise and Customs (CBEC) takes certain initiatives for Ease of Doing Business under the GST regime; Finance Minister Shri Arun Jaitley launches a Mobile App “ GST Rates Finder ” to help users to find rates of GST for various goods and services.  [ Download GST Rates… Read More »

GST complaint : No Officer to visit premises of traders without authorization

By | July 8, 2017

Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011-23370115.  It has been reported in a certain section of media that some unscrupulous elements… Read More »

GST : New MRP on unsold stock should not be mechanical

By | July 8, 2017

Joint Clarification from the Department of Revenue and the Department of Consumer Affairs, Government of India regarding the circular WM-10(31)/2017 Dated 04.07.2017  “It is clarified to all concerned that in the circular WM-10(31)/2017 Dated 04.07.2017, the phrase “the increased amount of tax due to GST, if any” means “the effective increase in the tax liability… Read More »

GST Masterclass 3 by Revenue Secretary of India Hasmukh Adhia : Video

By | July 8, 2017

GST Masterclass 3 by Revenue Secretary of India : Hasmukh Adhia GST Masterclass 3 by Revenue Secretary of India : Hasmukh Adhia on 08.07.2017 [ Refer also PPT on GST Master Class 3 : GST PPT : Composition and record keeping ] GST Masterclass 1 by Revenue Secretary of India – Hasmukh Adhia ; Video GST Masterclass… Read More »

Section 15 Telangana GST Act 2017 : Value of taxable supply

By | July 8, 2017

Section 15 Telangana GST Act 2017 [ Section 15 Telangana GST Act 2017 explains Value of taxable supply  and is covered in Chapter IV  : Time and Value of Supply ] Value of taxable supply. 15. (1) The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for… Read More »

Section 14 Telangana GST Act 2017 : Change in rate of tax in respect of supply of goods or services.

By | July 8, 2017

Section 14 Telangana GST Act 2017 [ Section 14 Telangana GST Act 2017 explains Change in rate of tax in respect of supply of goods or services  and is covered in Chapter IV  : Time and Value of Supply ] Change in rate of tax in respect of supply of goods or services. 14. Notwithstanding anything contained in section 12 or… Read More »

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

By | July 8, 2017

Section 13 Telangana GST Act 2017 [ Section 13 Telangana GST Act 2017 explains Time of supply of services  and is covered in Chapter IV  : Time and Value of Supply ] Time of supply of services. 13. (1) The liability to pay tax on services shall arise at the time of supply, as determined in terms of the provisions of… Read More »

Section 11 Telangana GST Act 2017 : Power to grant exemption from tax.

By | July 8, 2017

Section 11 Telangana GST Act 2017 [ Section 11 Telangana GST Act 2017 explains Power to grant exemption from tax  and is covered in Chapter III  : Levy and Collection Of Tax  ] Power to grant exemption from tax. 11. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on… Read More »

Section 10 Telangana GST Act 2017 : Composition levy

By | July 8, 2017

Section 10 Telangana GST Act 2017 [ Section 10 Telangana GST Act 2017 explains Composition levy  and is covered in Chapter III  : Levy and Collection Of Tax  ] Composition levy. 10. (1) Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sections (3) and (4) of section 9, a registered person, whose aggregate… Read More »

Section 9 Telangana GST Act 2017 : Levy and Collection

By | July 8, 2017

Section 9 Telangana GST Act 2017 [ Section 9 Telangana GST Act 2017 explains Levy and Collection  and is covered in Chapter III  : Levy and Collection Of Tax  ] Levy and Collection. 9. (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the Telangana goods and services tax on all intra-State supplies of… Read More »

Section 8 Telangana GST Act 2017 : Tax liability on composite and mixed supplies.

By | July 8, 2017

Section 8 Telangana GST Act 2017 [ Section 8 Telangana GST Act 2017 explains Tax liability on composite and mixed supplies  and is covered in Chapter III  : Levy and Collection Of Tax  ] Tax liability on composite and mixed supplies. 8. The tax liability on a composite or a mixed supply shall be determined in the following manner, namely:… Read More »

Section 7 Telangana GST Act 2017 : Scope of supply

By | July 8, 2017

Section 7 Telangana GST Act 2017 [ Section 7 Telangana GST Act 2017 explains Scope of supply  and is covered in Chapter III  : Levy and Collection Of Tax  ] Scope of supply. 7. (1) For the purposes of this Act, the expression “supply” includes– (a) all forms of supply of goods or services or both such as sale, transfer,… Read More »

Section 6 Telangana GST Act 2017 : Authorisation of officers of central tax as proper officer in certain circumstances.

By | July 8, 2017

Section 6 Telangana GST Act 2017 [ Section 6 Telangana GST Act 2017 explains Authorisation of officers of central tax as proper officer in certain circumstances  and is covered in Chapter II  : Administration ] Authorisation of officers of central tax as proper officer in certain circumstances. 6. (1) Without prejudice to the provisions of this Act, the officers appointed… Read More »

Section 5 Telangana GST Act 2017 : Power of officers.

By | July 8, 2017

Section 5 Telangana GST Act 2017 [ Section 5 Telangana GST Act 2017 explains Power of officers.  and is covered in Chapter II  : Administration ] Power of officers. 5. (1) Subject to such conditions and limitations as the Commissioner may impose, an officer of State tax may exercise the powers and discharge the duties conferred or imposed on him under this Act. (2)… Read More »

Section 4 Telangana GST Act 2017 : Appointment of officers.

By | July 8, 2017

Section 4 Telangana GST Act 2017 [ Section 4 Telangana GST Act 2017 explains Appointment of officers  and is covered in Chapter II  : Administration ] Appointment of officers. 4. (1) The Government may, in addition to the officers as may be notified by the Government under section 3, appoint such persons as it may think fit to be the… Read More »

Section 3 Telangana GST Act 2017 : Officers under this Act

By | July 8, 2017

Section 3 Telangana GST Act 2017 [ Section 3 Telangana GST Act 2017 explains Officers under this Act  and is covered in Chapter II  : Administration ] Officers under this Act. 3. The Government shall, by notification, specify the following classes of officers for the purposes of this Act, namely:– (a) [Principal/Chief] Commissioner of State tax, (b) Special Commissioners of… Read More »

Section 2 Telangana GST Act 2017 : Definitions

By | July 8, 2017

Section 2 Telangana GST Act 2017 [ Section 2 Telangana GST Act 2017 explains Definitions and is covered in Chapter 1 : Preliminary ] Definitions 2. In this Act, unless the context otherwise requires,– (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882 (4 of 1882);… Read More »

Section 1 Telangana GST Act 2017 : Short title, extent and commencement

By | July 8, 2017

Section 1 Telangana GST Act 2017 [ Section 1 Telangana GST Act 2017 explains Short title, extent and commencement and is covered in Chapter 1 : Preliminary ] Short title, extent and commencement 1. (1) This Act may be called the Telangana Goods and Services Tax Act, 2017. (2) It extends to the whole of the Telangana State (3) It shall come… Read More »

J & K Constitution Amendment Order 2017 for GST : G.S.R. 846(E) Dated 6th July, 2017

By | July 8, 2017

J & K Constitution Amendment Order 2017 J & K Constitution Amendment Order 2017 dated 06.07.2017 to Enable J & K goods and Service Tax Act 2017 MINISTRY OF LAW AND JUSTICE (Legislative Department) NOTIFICATION New Delhi, the 6th July, 2017 G.S.R. 846(E).—The following order made by the President is published for general information :—… Read More »

Income Tax scrutiny Guidelines for financial year 2017-2018 : CBDT Instruction No. 05/2017 Dated 7th of July, 2017

By | July 8, 2017

Instruction No. 05/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North-Block, New Delhi the 7th of July, 2017 To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-tax All Pr. Directors-General of Income-tax/Directors-General of Income-tax Sir/Madam Subject: Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd.- 1. In supersession of earlier Instructions on… Read More »

Gujarat GST rates on Goods : Notification No. 1/2017-State Tax (Rate) [ Gujarat] Dated 30th June, 2017.

By | July 8, 2017

 Notification No. 1/2017-State Tax (Rate) [ Gujarat] Dated 30th June, 2017. Gujarat GST rates on Goods Notified w.e.f 01.07.2017 vide Notification No. 1/2017-State Tax (Rate) [ Gujarat] Dated 30th June, 2017. NOTIFICATION FINANCE DEPARTMENT. Sachivalaya, Gandhinagar. Notification No. 1/2017-State Tax (Rate) Dated the 30th June, 2017. No.(GHN-31)GST-2017/S.9(1)(1)-TH:-In exercise of the powers conferred by subsection (1) of section… Read More »

Gujarat GST Act 2017 – Download

By | July 8, 2017

Gujarat GST Act 2017 Gujarat GST Act 2017 received the assent of Governor on 9th June 2017 PART IV Acts of Gujarat Legislature and Ordinances promulgated and Regulations made by the Governor. The following Act of the Gujarat Legislature, having been assented to by the Governor on the 9th June, 2017 is hereby published for… Read More »

MP Govt : Pay wages by Cheque or in Bank Account : Notification No 474-539-2017-B-XVI  Dated 30th June 2017

By | July 8, 2017

Notification No 474-539-2017-B-XVI  Dated 30th June 2017 Madhya Pradesh Govt has made mandatory to pay wages by Cheques or directly into bank account for the employer of any factory or their contractors w.e.f 30.06.2017 vide Notification No 474-539-2017-B-XVI Dated 30th June 2017 Download Notification No 474-539-2017-B-XVI  Dated 30th June 2017

J & K GST Rules 2017 – Download : Notification No SRO 282  Dated 8th July 2017

By | July 8, 2017

J & K GST Rules 2017 J & K GST Rules 2017  / Jammu & Kashmir GST Rules 2017 w.e.f 08.07.2017 Vide Notification No SRO 282  Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat, Srinagar Notification Srinagar, the 8th July 2017 SRO 282.- In exercise of the powers conferred by section… Read More »

Jammu & Kashmir GST Act 2017 – Download

By | July 8, 2017

Jammu & Kashmir GST Act 2017 Jammu & Kashmir GST Act 2017 received the assent of the Governor on 7th July 2017 Government of Jammu and Kashmir Department of Law, Justice and Parliamentary Affairs (Legislation section)Civil secretariat Srinagar/Jammu Srinagar, the 7th July 2017 The following Act as passed by the Jammu and Kashmir State Legislature… Read More »

J & K GST Act Sections w.e.f 08.07.2017 : Notification No SRO 281 Dated 8th July 2017

By | July 8, 2017

Notification No SRO 281 Dated 8th July 2017  DATE OF APPOINTMENT OF THE JAMMU AND KASHMIR GOODS AND SERVICES TAX vide Notification No SRO 281 Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat Srinagar. Notification No SRO 281  Srinagar, the 8th July, 2017. Download Complete Notification No SRO 281 Dated 8th July 2017 Jammu & Kashmir GST… Read More »

J & K General Sales Tax Amended : Notification No SRO 280 Dated 8th July 2017

By | July 8, 2017

Notification No SRO 280 Dated 8th July 2017 AMENDMENT TO THE JAMMU AND KASHMIR GENERAL SALES TAX ACT, 1962-SRO-117  vide Notification No SRO 280 Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat Srinagar. Notification Srinagar, the 8th July, 2017. SRO 280. – In exercise of the powers conferred by sections 4 and 5 of the… Read More »

J & K GST Composition Scheme Limit : Notification No SRO 279 Dated 8th July 2017

By | July 8, 2017

Notification No SRO 279 Dated 8th July 2017 COMPOSITION SCHEME UNDER THE JAMMU AND KASHMIR GOODS AND SERVICES TAX vide  Notification No SRO 279 Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat, Jammu. Notification Srinagar, the 8th July, 2017 SRO 279 .- In exercise of the powers conferred by sub-section (1) and sub-section (2)… Read More »

J & K GST Rates on Goods -Notification No SRO -GST-1 Dated 8th July 2017

By | July 8, 2017

Notification No SRO -GST-1 Dated 8th July 2017 J & K GST Rates on Goods on intra-State supplies of goods w.e.f 08.07.2017 vide Notification No SRO -GST-1 Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat, Jammu. Notification Srinagar, the 8th July, 2017 SRO – GST – 1 .- In exercise of the powers conferred by… Read More »

J & K GST rate on Intra state Services : Notification No SRO -GST-11 Dated 8th July 2017

By | July 8, 2017

Notification No SRO -GST-11 Dated 8th July 2017 Government of Jammu and Kashmir Finance Department Civil Secretariat, Jammu. Notification Srinagar, the 8th July, 2017 SRO -GST-11.- In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and sub-section (1) of section 16 of the Jammu… Read More »

Issues related to Bond/LUT for exports without IGST Payment : Circular No. 4/4/2017-GST Dated 7 th July 2017

By | July 8, 2017

Circular No. 4/4/2017-GST Dated 7 th July, 2017 Reagrding issues related to Bond/Letter of Undertaking for exports without payment of integrated tax – vide Circular No. 4/4/2017-GST Dated 7 th July, 2017 F. No. 349/82/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs (GST Policy Wing) New Delhi, the 7 th July,… Read More »

Clarification on Inter-state movement of various modes of conveyance, carrying goods or passengers or for repairs and maintenance : Circular No. 1/1/2017-IGST Dated 7th of July 2017

By | July 8, 2017

Circular No. 1/1/2017-IGST Dated 7th of July, 2017 Clarification on Inter-state movement of various modes of conveyance, carrying goods or passengers or for repairs and maintenance- regarding vide Circular No. 1/1/2017-IGST Dated 7th of July, 2017 F. No. 354/119/2017 –TRU (Pt) Government of India Ministry of Finance Department of Revenue Tax Research Unit North Block, New Delhi… Read More »

Conditions for LUT in place of Bond for Export without integrated tax payment : Notification No 16/2017 Central Tax dated  7th July 2017

By | July 8, 2017

Notification No 16/2017 Central Tax dated  7th July, 2017 conditions and safeguards for furnishing a Letter of Undertaking in place of a bond for export without payment of integrated tax vide Notification No 16/2017 Central Tax dated  7th July, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUBSECTION (i)]… Read More »