Daily Archives: July 14, 2017

Gujarat GST jurisdiction details

By | July 14, 2017

Gujarat GST jurisdiction details Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Press Release GST Press Release GST Books Best Books on GST in India… Read More »

High Cash Deposits : 5.56 lakh new persons identified by Income Tax Dept.

By | July 14, 2017

Income Tax Department pushes additional cases of High Cash Deposits in Second Phase of Operation Clean Money.  The Income Tax Department (ITD) has used information received under the Statement of Financial Transactions (SFT) to identify 5.56 lakh new persons in the second phase of “Operation Clean Money” (OCM). These are persons whose tax profiles were… Read More »

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

By | July 14, 2017

Section 48 Tripura GST Act 2017 ( Section 48 Tripura GST Act 2017 explains Goods and services tax practitioners and is covered in Chapter IX :  RETURNS ) 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… Read More »

Section 46 Tripura GST Act 2017 : Notice to return defaulters

By | July 14, 2017

Section 46 Tripura GST Act 2017 ( Section 46 Tripura GST Act 2017 explains Notice to return defaulters  and is covered in Chapter IX :  RETURNS ) 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 issued requiring him to furnish such… Read More »

Section 45 Tripura GST Act 2017 : Final return

By | July 14, 2017

Section 45 Tripura GST Act 2017 ( Section 45 Tripura GST Act 2017 explains Final return  and is covered in Chapter IX :  RETURNS ) 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 return within three months of… Read More »

Section 44 Tripura GST Act 2017 : Annual return

By | July 14, 2017

Section 44 Tripura GST Act 2017 ( Section 44 Tripura GST Act 2017 explains Annual return  and is covered in Chapter IX :  RETURNS ) 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 non-resident taxable person, shall furnish an… Read More »

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

By | July 14, 2017

Section 43 Tripura GST Act 2017 ( Section 43 Tripura GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability  and is covered in Chapter IX :  RETURNS ) Matching, reversal and reclaim of reduction in output tax liability 43. (1) The details of every credit note relating to outward supply furnished by a registered person… Read More »

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

By | July 14, 2017

Section 42 Tripura GST Act 2017 ( Section 42 Tripura GST Act 2017 explains Matching, reversal and reclaim of input tax credit  and is covered in Chapter IX :  RETURNS ) Matching, reversal and reclaim of input tax credit 42. (1) The details of every inward supply furnished by a registered person (hereafter in this section referred to as the… Read More »

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

By | July 14, 2017

Section 41 Tripura GST Act 2017 ( Section 41 Tripura GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof.  and is covered in Chapter IX :  RETURNS )  Claim of input tax credit and provisional acceptance thereof. 41. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed be entitled to take… Read More »

Section 40 Tripura GST Act 2017 : First Return

By | July 14, 2017

Section 40 Tripura GST Act 2017 ( Section 40 Tripura GST Act 2017 explains First Return  and is covered in Chapter IX :  RETURNS )  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 has been granted shall declare… Read More »

Section 39 Tripura GST Act 2017 : Furnishing of returns

By | July 14, 2017

Section 39 Tripura GST Act 2017 ( Section 39 Tripura GST Act 2017 explains Furnishing of returns  and is covered in Chapter IX :  RETURNS ) 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 section 10 or section 51 or… Read More »

Section 38 Tripura GST Act 2017 : Furnishing details of inward supplies.

By | July 14, 2017

Section 38 Tripura GST Act 2017 ( Section 38 Tripura GST Act 2017 explains Furnishing details of inward supplies  and is covered in Chapter IX :  RETURNS ) 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 under the provisions of section 10… Read More »

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

By | July 14, 2017

Section 37 Tripura GST Act 2017 ( Section 37 Tripura GST Act 2017 explains Furnishing details of outward supplies  and is covered in Chapter IX :  RETURNS ) 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 provisions of section 10 or… Read More »

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

By | July 14, 2017

Section 36 Tripura GST Act 2017 ( Section 36 Tripura GST Act 2017 explains Period of retention of accounts  and is covered in Chapter VIII :  ACCOUNTS AND RECORDS ) 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 of sub-section (1) of section… Read More »

Section 35 Tripura GST Act 2017 : Accounts and other records

By | July 14, 2017

Section 35 Tripura GST Act 2017 ( Section 35 Tripura GST Act 2017 explains Accounts and other records  and is covered in Chapter VIII :  ACCOUNTS AND RECORDS ) 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, a true and correct account… Read More »

Section 33 Tripura GST Act 2017 : Amount of tax to be indicated in tax invoice and other documents

By | July 14, 2017

Section 33 Tripura GST Act 2017 ( Section 33 Tripura GST Act 2017 explains Amount of tax to be indicated in tax invoice and other documents  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) Amount of tax to be indicated in tax invoice and other documents 33. Notwithstanding anything contained in this Act or… Read More »

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

By | July 14, 2017

Section 32 Tripura GST Act 2017 ( Section 32 Tripura GST Act 2017 explains Prohibition of unauthorised collection of tax  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) Prohibition of unauthorised collection of tax 32. (1) A person who is not a registered person shall not collect in respect of any supply of goods… Read More »

Section 31 Tripura GST Act 2017 : Tax Invoice

By | July 14, 2017

Section 31 Tripura GST Act 2017 ( Section 31 Tripura GST Act 2017 explains Tax Invoice  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) 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 recipient, where the supply involves… Read More »

Rule 35 CGST Rules 2017 : Value of supply inclusive of integrated tax, Central tax, State tax, Union territory tax

By | July 14, 2017

Rule 35 CGST Rules 2017 ( Rule 35 CGST Rules 2017 explains Value of supply inclusive of integrated tax, Central tax, State tax, Union territory tax and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply inclusive of integrated tax, Central… Read More »

Rule 34 CGST Rules 2017 : Rate of exchange of currency, other than Indian rupees, for determination of value

By | July 14, 2017

Rule 34 CGST Rules 2017 ( Rule 34 CGST Rules 2017 explains Rate of exchange of currency, other than Indian rupees, for determination of value and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Rate of exchange of currency, other than Indian rupees,… Read More »

Rule 33 CGST Rules 2017 : Value of supply of services in case of pure agent

By | July 14, 2017

Rule 33 CGST Rules 2017 ( Rule 33 CGST Rules 2017 explains Value of supply of services in case of pure agent and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply of services in case of pure agent 33. Notwithstanding anything… Read More »

Rule 32 CGST Rules 2017 : Determination of value in respect of certain supplies

By | July 14, 2017

Rule 32 CGST Rules 2017 ( Rule 32 CGST Rules 2017 explains Determination of value in respect of certain supplies and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Determination of value in respect of certain supplies 32. (1) Notwithstanding anything contained in the… Read More »

Rule 31 CGST Rules 2017 : Residual method for determination of value of supply of goods or services or both

By | July 14, 2017

Rule 31 CGST Rules 2017 ( Rule 31 CGST Rules 2017 explains Residual method for determination of value of supply of goods or services or both and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Residual method for determination of value of supply… Read More »

Rule 30 CGST Rules 2017 : Value of supply of goods or services or both based on cost

By | July 14, 2017

Rule 30 CGST Rules 2017 ( Rule 30 CGST Rules 2017 explains Value of supply of goods or services or both based on cost and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply of goods or services or both based… Read More »

Rule 29 CGST Rules 2017 : Value of supply of goods made or received through an agent

By | July 14, 2017

Rule 29 CGST Rules 2017 ( Rule 29 CGST Rules 2017 explains Value of supply of goods made or received through an agent and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply of goods made or received through an agent… Read More »

Rule 28 CGST Rules 2017 : Value of supply of goods or services or both between distinct or related persons, other than through an agent

By | July 14, 2017

Rule 28 CGST Rules 2017 ( Rule 28 CGST Rules 2017 explains Value of supply of goods or services or both between distinct or related persons, other than through an agent and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply… Read More »

Rule 27 CGST Rules 2017 : Value of supply of goods or services where the consideration is not wholly in money

By | July 14, 2017

Rule 27 CGST Rules 2017 ( Rule 27 CGST Rules 2017 explains Value of supply of goods or services where the consideration is not wholly in money  and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Value of supply of goods or services… Read More »

Rule 26 CGST Rules 2017 : Method of authentication.

By | July 14, 2017

Rule 26 CGST Rules 2017 ( Rule 26 CGST Rules 2017 explains Method of authentication  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Method of authentication. 26. (1) All applications, including reply, if any, to the notices, returns including the details of outward and inward supplies, appeals or any… Read More »

Rule 25 CGST Rules 2017 : Physical verification of business premises in certain cases.

By | July 14, 2017

Rule 25 CGST Rules 2017 ( Rule 25 CGST Rules 2017 explains Physical verification of business premises in certain cases  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Physical verification of business premises in certain cases. 25. Where the proper officer is satisfied that the physical verification of… Read More »

Rule 24 CGST Rules 2017 : Migration of persons registered under the existing law.

By | July 14, 2017

Rule 24 CGST Rules 2017 ( Rule 24 CGST Rules 2017 explains Migration of persons registered under the existing law  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Migration of persons registered under the existing law. 24. (1) (a) Every person, other than a person deducting tax at… Read More »

Rule 23 CGST Rules 2017 : Revocation of cancellation of registration.

By | July 14, 2017

Rule 23 CGST Rules 2017 ( Rule 23 CGST Rules 2017 explains Revocation of cancellation of registration  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Revocation of cancellation of registration. 23. (1) A registered person, whose registration is cancelled by the proper officer on his own motion, may… Read More »

Rule 22 CGST Rules 2017 :  Cancellation of registration.

By | July 14, 2017

Rule 22 CGST Rules 2017 ( Rule 22 CGST Rules 2017 explains  Cancellation of registration  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 )  Cancellation of registration. 22.(1) Where the proper officer has reasons to believe that the registration of a person is liable to be cancelled under Section… Read More »

Rule 21 CGST Rules 2017 : Registration to be cancelled in certain cases.

By | July 14, 2017

Rule 21 CGST Rules 2017 ( Rule 21 CGST Rules 2017 explains Registration to be cancelled in certain cases  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Registration to be cancelled in certain cases. 21. The registration granted to a person is liable to be cancelled, if the… Read More »

Rule 20 CGST Rules 2017 :  Application for cancellation of registration.

By | July 14, 2017

Rule 20 CGST Rules 2017 ( Rule 20 CGST Rules 2017 explains  Application for cancellation of registration  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 )  Application for cancellation of registration. 20. A registered person, other than a person to whom a registration has been granted under rule 12… Read More »

Rule 19 CGST Rules 2017 : Amendment of registration.

By | July 14, 2017

Rule 19 CGST Rules 2017 ( Rule 19 CGST Rules 2017 explains Amendment of registration  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Amendment of registration. 19.(1) Where there is any change in any of the particulars furnished in the application for registration in FORM GST REG-01 or… Read More »

Rule 18 CGST Rules 2017 : Display of registration certificate and Goods and Services Tax Identification Number on the name board.

By | July 14, 2017

Rule 18 CGST Rules 2017 ( Rule 18 CGST Rules 2017 explains Display of registration certificate and Goods and Services Tax Identification Number on the name board  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Display of registration certificate and Goods and Services Tax Identification Number on the… Read More »

Rule 17 CGST Rules 2017 : Assignment of Unique Identity Number to certain special entities.

By | July 14, 2017

Rule 17 CGST Rules 2017 ( Rule 17 CGST Rules 2017 explains Assignment of Unique Identity Number to certain special entities  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Assignment of Unique Identity Number to certain special entities. 17. (1) Every person required to be granted a Unique… Read More »

Rule 16 CGST Rules 2017 : Suo moto registration

By | July 14, 2017

Rule 16 CGST Rules 2017 ( Rule 16 CGST Rules 2017 explains Suo moto registration  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Suo moto registration. 16.(1) Where, pursuant to any survey, enquiry, inspection, search or any other proceedings under the Act, the proper officer finds that a… Read More »

Rule 15 CGST Rules 2017 : Extension in period of operation by casual taxable person and non-resident taxable person.

By | July 14, 2017

Rule 15 CGST Rules 2017 ( Rule 15 CGST Rules 2017 explains Extension in period of operation by casual taxable person and non-resident taxable person   and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Extension in period of operation by casual taxable person and non-resident taxable person. 15. (1)… Read More »

Rule 14 CGST Rules 2017 : Grant of registration to a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient.

By | July 14, 2017

Rule 14 CGST Rules 2017 ( Rule 14 CGST Rules 2017 explains Grant of registration to a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient.  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Grant of registration… Read More »

Rule 13 CGST Rules 2017 : Grant of registration to non-resident taxable person.

By | July 14, 2017

Rule 13 CGST Rules 2017 ( Rule 13 CGST Rules 2017 explains Grant of registration to non-resident taxable person  and is covered in Chapter III   – Registration   : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 ) Grant of registration to non-resident taxable person. 13 (1) A non-resident taxable person shall electronically submit an application, along with a… Read More »