Daily Archives: July 25, 2017

E way Bill under West Bengal GST : Procedure : TRADE CIRCULAR NO 06/2017 Dated 30th June 2017

By | July 25, 2017

E way Bill under West Bengal GST GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA-700015 TRADE CIRCULAR NO. 06/2017 DATED: 30.06.2017 Subject: e-WAYBILL UNDER WBGST ORDINANCE, 2017 In terms of Finance Department Notification No. 1156-F.T. dated 30.06.2017, a new electronic system is going to be introduced on and from the 1st… Read More »

Impact of GST on Civil Aviation Sector 

By | July 25, 2017

Impact of GST on Civil Aviation Sector  Under the GST regime the applicable tax rate on economy class passenger tickets has been reduced from 6% to 5% (non-creditable for goods), while the tax rate on business class has been increased from 9% to 12% with input tax creditable for both goods and services procured by… Read More »

Category: GST

Section 52 Madhya Pradesh GST Act 2017 : Collection of tax at source

By | July 25, 2017

Section 52 Madhya Pradesh GST Act 2017 ( Section 52 Madhya Pradesh 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… Read More »

Section 51 Madhya Pradesh GST Act 2017 : Tax deduction at source

By | July 25, 2017

Section 51 Madhya Pradesh GST Act 2017 ( Section 51 Madhya Pradesh 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… Read More »

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

By | July 25, 2017

Section 50 Madhya Pradesh GST Act 2017 ( Section 50 Madhya Pradesh GST Act 2017 explains Interest on delayed payment of tax  and is covered in Chapter  X : PAYMENT OF TAX ) Interest on delayed payment of tax 50.(1) Every person who is liable to pay tax in accordance with the provisions of this Act or the rules… Read More »

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

By | July 25, 2017

Section 49 Madhya Pradesh GST Act 2017 ( Section 49 Madhya Pradesh GST Act 2017 explains Payment of tax, interest, penalty and other amounts  and is covered in 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… Read More »

Section 48 Madhya Pradesh GST Act 2017 : Goods and services tax practitioners

By | July 25, 2017

Section 48 Madhya Pradesh GST Act 2017 ( Section 48 Madhya Pradesh 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… Read More »

Section 47 Madhya Pradesh GST Act 2017 : Levy of late fee

By | July 25, 2017

Section 47 Madhya Pradesh GST Act 2017 ( Section 47 Madhya Pradesh GST Act 2017 explains Levy of late fee  and is covered in Chapter  IX : RETURNS  ) 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 or returns required under… Read More »

Section 46 Madhya Pradesh GST Act 2017 : Notice to return defaulters

By | July 25, 2017

Section 46 Madhya Pradesh GST Act 2017 ( Section 46 Madhya Pradesh 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… Read More »

Section 45 Madhya Pradesh GST Act 2017 : Final return

By | July 25, 2017

Section 45 Madhya Pradesh GST Act 2017 ( Section 45 Madhya Pradesh 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… Read More »

Section 44 Madhya Pradesh GST Act 2017 : Annual return

By | July 25, 2017

Section 44 Madhya Pradesh GST Act 2017 ( Section 44 Madhya Pradesh 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,… Read More »

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

By | July 25, 2017

Section 43 Madhya Pradesh GST Act 2017 ( Section 43 Madhya Pradesh 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… Read More »

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

By | July 25, 2017

Section 42 Madhya Pradesh GST Act 2017 ( Section 42 Madhya Pradesh 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… Read More »

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

By | July 25, 2017

Section 41 Madhya Pradesh GST Act 2017 ( Section 41 Madhya Pradesh 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… Read More »

Section 40 Madhya Pradesh GST Act 2017 : First Return

By | July 25, 2017

Section 40 Madhya Pradesh GST Act 2017 ( Section 40 Madhya Pradesh 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… Read More »

Section 39 Madhya Pradesh GST Act 2017 : Furnishing of returns

By | July 25, 2017

Section 39 Madhya Pradesh GST Act 2017 ( Section 39 Madhya Pradesh 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… Read More »

Section 38 Madhya Pradesh GST Act 2017 : Furnishing details of inward supplies

By | July 25, 2017

Section 38 Madhya Pradesh GST Act 2017 ( Section 38 Madhya Pradesh 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… Read More »

Section 37 Madhya Pradesh GST Act 2017 : Furnishing details of outward supplies

By | July 25, 2017

Section 37 Madhya Pradesh GST Act 2017 ( Section 37 Madhya Pradesh 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… Read More »

Section 36 Madhya Pradesh GST Act 2017 : Period of retention of accounts

By | July 25, 2017

Section 36 Madhya Pradesh GST Act 2017 ( Section 36 Madhya Pradesh 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)… Read More »

Section 35 Madhya Pradesh GST Act 2017 : Accounts and other records

By | July 25, 2017

Section 35 Madhya Pradesh GST Act 2017 ( Section 35 Madhya Pradesh 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… Read More »

Section 34 Madhya Pradesh GST Act 2017 : Credit and debit notes

By | July 25, 2017

Section 34 Madhya Pradesh GST Act 2017 ( Section 34 Madhya Pradesh GST Act 2017 explains Credit and debit notes and is covered in Chapter  VII : TAX INVOICE, CREDIT AND DEBIT NOTES  ) Credit and debit notes 34. (1) Where a tax invoice has been issued for supply of any goods or services or both and the taxable value… Read More »

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

By | July 25, 2017

Section 33 Madhya Pradesh GST Act 2017 ( Section 33 Madhya Pradesh 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… Read More »

Section 32 Madhya Pradesh GST Act 2017 : Prohibition of unauthorised collection of tax

By | July 25, 2017

Section 32 Madhya Pradesh GST Act 2017 ( Section 32 Madhya Pradesh 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… Read More »

Section 31 Madhya Pradesh GST Act 2017 : Tax invoice

By | July 25, 2017

Section 31 Madhya Pradesh GST Act 2017 ( Section 31 Madhya Pradesh 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… Read More »

Profile of President of India – Shri Ram Nath Kovind

By | July 25, 2017

Profile of President Shri Ram Nath Kovind A lawyer, veteran political representative and long-time advocate of egalitarianism and integrity in Indian public life and society, Shri Ram Nath Kovind was born on October 1, 1945, in Paraunkh, near Kanpur, Uttar Pradesh. His parents were Shri Maiku Lal and Smt Kalawati. Before assuming charge of the… Read More »

GST Invoice Upload/Download Offline Tool : An Overview

By | July 25, 2017

  GST Invoice Upload/Download Offline Tool Businesses that generate a large number of invoices in a tax period may find it cumbersome to upload invoices one-by-one. Not only that, it will become a time-consuming activity with a cost implication. Therefore, to facilitate the upload of invoices in bulk, Goods and Service Tax Network (GSTN) provides… Read More »

Category: GST

What is the maximum size of JSON file?

By | July 25, 2017

What is the maximum size of JSON file? Maximum size of the json file should not exceed 5 MB. GST Invoice Upload / Download on GST Portal : FAQ & User Manual GST offline utility for Return Filing : How to Download & Install Invoice Upload/Download Offline Tool  Uploading GST invoices using CSV templates :… Read More »

Category: GST

You can edit invoices uploaded through Invoice Upload/Download Offline Tool on GST Portal

By | July 25, 2017

Can I edit invoices uploaded through Invoice Upload/Download Offline Tool in the GST Portal? Yes, you can edit the invoices uploaded through Invoice Upload/Download Offline Tool in the GST Portal before the return is submitted for processing. GST Invoice Upload / Download on GST Portal : FAQ & User Manual GST offline utility for Return… Read More »

Category: GST

How to check json file size ?

By | July 25, 2017

How can I check the file size of the generated json file? Right click on the file and click on Properties. You can see the size of the generated json file.   GST Invoice Upload / Download on GST Portal : FAQ & User Manual GST offline utility for Return Filing : How to Download… Read More »

Category: GST

How to upload GST invoice data on GST Portal?

By | July 25, 2017

How can I upload the invoice data on the GST Portal? After generating the return file in json format through Invoice Upload/Download Offline Tool, login to the www.gst.gov.in URL for uploading the invoices. Ensure that you are connected to the Internet to upload the JSON file to the Portal. What happens if I am not… Read More »

Category: GST

How to fill GST Invoice data in offline mode ?

By | July 25, 2017

How can I fill the Invoice data in offline mode through the Invoice Upload/Download Offline Tool? Once you have downloaded and installed the Invoice Upload/Download Offline Tool, you can use any of the four options to upload the invoice data.  Option 1: Manual Entry of Invoice Data  Option 2: Copy and Paste from… Read More »

Category: GST

Invoice uploading opens on GSTN

By | July 25, 2017

The GST Network (GSTN), the entity responsible for the information technology backbone of the goods and services tax (GST), opened its system on Monday for invoice uploading. It is not mandatory to start the uploading but “it’s live”, said Prakash Kumar, chief executive officer (CEO) of GSTN. This was earlier permitted but only for a… Read More »

Checklist for GST Composition Levy

By | July 25, 2017

Dos and Don’ts under GST Composition Levy You can refer Composition Scheme under GST – Analysis FAQs on Composition Levy under GST ( India ) GST : Free Help Book on Composition Scheme How to Opt for GST Composition Scheme Following are the Dos and Don’ts under GST Composition Levy DOs 1. Check your eligibility a.… Read More »

Category: GST

GST Pharmaceuticals Dealers : Kerala Govt Advisory

By | July 25, 2017

GST Pharmaceuticals Dealers C1-24614/16/CT EOffice11137/17 Dated 15th July 2017 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 Judgments GST Judgments GST Press Release GST Press… Read More »