Daily Archives: July 29, 2017

GST Information return by Lottery Agents of Kerala : Notification No G O (P) No 93/2017/TAXES Dated 27th july 2017

By | July 29, 2017

Notification No G O (P) No 93/2017/TAXES Kerala Govt has issued Notification No G O (P) No 93/2017/TAXES Dated 27th july 2017 to Inster Rule 56(20A) in Kerela Goods and Service Tax Rules 2017 prescribing procedure for Lottery Agents to furnish Information Return Related Topic on GST Topic Click Link GST Acts  Central GST Act… Read More »

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

By | July 29, 2017

 Section 85 Assam GST Act 2017 ( Section 85 Assam GST Act 2017  Explains Liability in case of transfer of business and is Covered in 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… Read More »

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

By | July 29, 2017

 Section 84 Assam GST Act 2017 ( Section 84 Assam GST Act 2017  Explains Continuation and validation of certain recovery proceedings and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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… Read More »

Section 83 Assam GST Act 2017 : Provisional attachment to project revenue in certain cases

By | July 29, 2017

 Section 83 Assam GST Act 2017 ( Section 83 Assam GST Act 2017  Explains Provisional attachment to project revenue in certain cases  and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) Provisional attachment to project revenue in certain cases 83. (1) Where during the pendency of any proceedings under section 62 or section 63 or section 64 or section… Read More »

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

By | July 29, 2017

 Section 82 Assam GST Act 2017 ( Section 82 Assam GST Act 2017  Explains Tax to be first charge on property and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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… Read More »

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

By | July 29, 2017

 Section 81 Assam GST Act 2017 ( Section 81 Assam GST Act 2017  Explains Transfer of property to be void in certain cases and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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… Read More »

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

By | July 29, 2017

 Section 80 Assam GST Act 2017 ( Section 80 Assam GST Act 2017  Explains Payment of tax and other amount in instalments and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) Payment of tax and other amount in instalments 80. On an application filed by a taxable person, The Commissioner may, for reasons to he recorded in writing, extend… Read More »

Section 78 Assam GST Act 2017 : Initiation of recovery proceeding

By | July 29, 2017

 Section 78 Assam GST Act 2017 ( Section 78 Assam GST Act 2017  Explains Initiation of recovery proceeding and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) Initiation of recovery proceeding 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… Read More »

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

By | July 29, 2017

 Section 77 Assam GST Act 2017 ( Section 77 Assam GST Act 2017  Explains Tax wrongfully collected and paid to Central Government or State Government and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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… Read More »

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

By | July 29, 2017

 Section 76 Assam GST Act 2017 ( Section 76 Assam GST Act 2017  Explains Tax collected but not paid to Government and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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… Read More »

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

By | July 29, 2017

 Section 75 Assam GST Act 2017 ( Section 75 Assam GST Act 2017  Explains General provisions relating to determination of tax and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) 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,… Read More »

Section 74 Assam 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 29, 2017

 Section 74 Assam GST Act 2017 ( Section 74 Assam 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 and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) Determination of tax not paid… Read More »

 Section 73 Assam 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 29, 2017

 Section 73 Assam GST Act 2017 ( Section 73 Assam 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 and is Covered in CHAPTER XV DEMANDS AND RECOVERY ) Determination of… Read More »

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

By | July 29, 2017

 Section 72 Assam GST Act 2017 ( Section 72 Assam GST Act 2017  Explains Officers to assist proper officers and is Covered in CHAPTER XIV INSPECTION, SEARCH, SEIZURE AND ARREST) 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… Read More »

Section 71 Assam GST Act 2017 : Access to business premises

By | July 29, 2017

 Section 71 Assam GST Act 2017 ( Section 71 Assam GST Act 2017  Explains Access to business premises and is Covered in CHAPTER XIV INSPECTION, SEARCH, SEIZURE AND ARREST) 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… Read More »

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

By | July 29, 2017

 Section 70 Assam GST Act 2017 ( Section 70 Assam GST Act 2017  Explains Power to summon persons to give evidence and produce documents and is Covered in CHAPTER XIV INSPECTION, SEARCH, SEIZURE AND ARREST) Power to summon persons to give evidence and produce documents 70. (1) The proper officer under this Act shall have power to summon any… Read More »

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

By | July 29, 2017

 Section 68 Assam GST Act 2017 ( Section 68 Assam GST Act 2017  Explains Inspection of goods in movement and is Covered in CHAPTER XIV INSPECTION, SEARCH, SEIZURE AND ARREST) 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… Read More »

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

By | July 29, 2017

 Section 67 Assam GST Act 2017 ( Section 67 Assam GST Act 2017  Explains Power of inspection, search and seizure and is Covered in 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… Read More »

Section 66 Assam GST Act 2017 : Special audit

By | July 29, 2017

 Section 66 Assam GST Act 2017 ( Section 66 Assam GST Act 2017  Explains Special audit and is Covered in CHAPTER XIII 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… Read More »

Section 65 Assam GST Act 2017 : Audit by tax authorities

By | July 29, 2017

 Section 65 Assam GST Act 2017 ( Section 65 Assam GST Act 2017  Explains Audit by tax authorities and is Covered in 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… Read More »

Section 64 Assam GST Act 2017 : Summary assessment is certain special cases

By | July 29, 2017

 Section 64 Assam GST Act 2017 ( Section 64 Assam GST Act 2017  Explains Summary assessment is certain special cases  and is Covered in CHAPTER XII ASSESSMENT ) Summary assessment is 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… Read More »

Section 63 Assam GST Act 2017 : Assessment of unregistered persons

By | July 29, 2017

 Section 63 Assam GST Act 2017 ( Section 63 Assam GST Act 2017  Explains Assessment of unregistered persons  and is Covered in CHAPTER XII ASSESSMENT ) 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… Read More »

Section 62 Assam GST Act 2017 : Assessment of non-filters of returns

By | July 29, 2017

 Section 62 Assam GST Act 2017 ( Section 62 Assam GST Act 2017  Explains Assessment of non-filters of returns  and is Covered in CHAPTER XII ASSESSMENT ) Assessment of non-filters 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… Read More »

Section 61 Assam GST Act 2017 : Scrutiny of returns

By | July 29, 2017

 Section 61 Assam GST Act 2017 ( Section 61 Assam GST Act 2017  Explains Scrutiny of returns  and is Covered in CHAPTER XII ASSESSMENT ) 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… Read More »

Section 60 Assam GST Act 2017 : Provisional Assessment

By | July 29, 2017

 Section 60 Assam GST Act 2017 ( Section 60 Assam GST Act 2017  Explains Provisional Assessment  and is Covered in CHAPTER XII 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… Read More »

Section 59 Assam GST Act 2017 : Self-Assessment

By | July 29, 2017

 Section 59 Assam GST Act 2017 ( Section 59 Assam GST Act 2017  Explains Self-Assessment   and is Covered in 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. Assam GST Act 2017  Assam GST Rules 2017 Assam GST Notifications… Read More »

 Section 58 Assam GST Act 2017 : Utilization of Fund

By | July 29, 2017

 Section 58 Assam GST Act 2017 ( Section 58 Assam GST Act 2017  Explains Utilization of Fund   and is Covered in CHAPTER XI REFUNDS ) Utilization 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… Read More »

 Section 57 Assam GST Act 2017 : Consumer Welfare Fund

By | July 29, 2017

 Section 57 Assam GST Act 2017 ( Section 57 Assam GST Act 2017  Explains Consumer Welfare Fund   and is Covered in CHAPTER XI REFUNDS ) 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;… Read More »

Section 56 Assam GST Act 2017 : Interest on delayed refunds

By | July 29, 2017

 Section 56 Assam GST Act 2017 ( Section 56 Assam GST Act 2017  Explains Interest on delayed refunds   and is Covered in CHAPTER XI 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… Read More »

Section 55 Assam GST Act 2017 : Refund is certain cases

By | July 29, 2017

 Section 55 Assam GST Act 2017 ( Section 55 Assam GST Act 2017  Explains Refund is certain cases   and is Covered in CHAPTER XI REFUNDS ) Refund is 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… Read More »

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

By | July 29, 2017

 Section 53 Assam GST Act 2017 ( Section 53 Assam GST Act 2017  Explains Transfer of input tax credit   and is Covered in CHAPTER X PAYMENT OF TAX ) 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… Read More »

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

By | July 29, 2017

 Section 52 Assam GST Act 2017 ( Section 52 Assam 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 “operator”), not being… Read More »

Section 51 Assam GST Act 2017 : Tax deduction at source

By | July 29, 2017

 Section 51 Assam GST Act 2017 ( Section 51  Assam 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 State Government;… Read More »

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

By | July 29, 2017

 Section 49 Assam GST Act 2017 ( Section 49 Assam 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, foe or any other amount by a person by internet banking… Read More »

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

By | July 29, 2017

 Section 48 Assam GST Act 2017 ( Section 48 Assam 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, then eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall… Read More »

Section 46 Assam GST Act 2017 : Notice to return defaulters

By | July 29, 2017

 Section 46 Assam GST Act 2017 ( Section 46 Assam 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 return within… Read More »

Section 45 Assam GST Act 2017 : Final return

By | July 29, 2017

 Section 45 Assam GST Act 2017 ( Section 45 Assam 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 the date… Read More »

Section 44 Assam GST Act 2017 : Annual returns

By | July 29, 2017

 Section 44 Assam GST Act 2017 ( Section 44 Assam GST Act 2017  Explains Annual returns  and is Covered in CHAPTER IX RETURNS ) Annual returns 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 annual return… Read More »

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

By | July 29, 2017

 Section 43 Assam GST Act 2017 ( Section 43 Assam 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 (hereafter in… Read More »

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

By | July 29, 2017

 Section 42 Assam GST Act 2017 ( Section 42 Assam 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 “recipient”) for… Read More »

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

By | July 29, 2017

 Section 41 Assam GST Act 2017 ( Section 41 Assam 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 the… Read More »

Section 40 Assam GST Act 2017 : First Return

By | July 29, 2017

 Section 40 Assam GST Act 2017 ( Section 40 Assam 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 the same… Read More »

Section 39 Assam GST Act 2017 : Furnishing of Returns

By | July 29, 2017

 Section 39 Assam GST Act 2017 ( Section 39 Assam 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 section 52… Read More »

Section 38 Assam GST Act 2017 : Furnishing details of inward supplies

By | July 29, 2017

 Section 38 Assam GST Act 2017 ( Section 38 Assam 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 or section… Read More »