Daily Archives: August 14, 2017

GSTR 3B User Manual for Creation and Submission on GST Portal

By | August 14, 2017

Creation and Submission of GSTR3B 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 Release GST Books Best… Read More »

GST Cash Invoice Limit

By | August 14, 2017

GST Cash Invoice Limit No Limit for GST Cash Invoice There is no limit prescribed for Issue of Cash Invoice under GST Act . Thus Tax Invoice / Bill of supply can be issued under GST for any Value but one has to keep in mind the Provisions of Income Tax Act of India. Cash… Read More »

Category: GST

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

By | August 14, 2017

Section 50 Gujarat GST Act 2017 ( Section 50 Gujarat 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 made thereunder, but fails… Read More »

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

By | August 14, 2017

Section 49 Gujarat GST Act 2017 ( Section 49 Gujarat 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 by internet banking or by… Read More »

Section 48 Gujarat GST Act 2017 : Goods and services tax practioners

By | August 14, 2017

Section 48 Gujarat GST Act 2017 ( Section 48 Gujarat GST Act 2017 explains Goods and services tax practioners and is covered in CHAPTER IX RETURNS   ) Goods and services tax practioners 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 functioning shall… Read More »

Section 47 Gujarat GST Act 2017 : Levy of late fee

By | August 14, 2017

Section 47 Gujarat GST Act 2017 ( Section 47 Gujarat 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 section 39 or section… Read More »

Section 46 Gujarat GST Act 2017 : Notice to return defaulters

By | August 14, 2017

Section 46 Gujarat GST Act 2017 ( Section 46 Gujarat 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 Gujarat GST Act 2017 : Final return

By | August 14, 2017

Section 45 Gujarat GST Act 2017 ( Section 45 Gujarat 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 of… Read More »

Section 44 Gujarat GST Act 2017 : Annual return

By | August 14, 2017

Section 44 Gujarat GST Act 2017 ( Section 44 Gujarat 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 annual return… Read More »

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

By | August 14, 2017

Section 43 Gujarat GST Act 2017 ( Section 43 Gujarat 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 Gujarat GST Act 2017 : Matching reversal and reclaim of input tax credit

By | August 14, 2017

Section 42 Gujarat GST Act 2017 ( Section 42 Gujarat 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 Gujarat GST Act 2017 : Claim of input tax credit and provisional acceptance thereof

By | August 14, 2017

Section 41 Gujarat GST Act 2017 ( Section 41 Gujarat 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 Gujarat GST Act 2017 : First Return

By | August 14, 2017

Section 40 Gujarat GST Act 2017 ( Section 40 Gujarat 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 Gujarat GST Act 2017 : Furnishing of returns

By | August 14, 2017

Section 39 Gujarat GST Act 2017 ( Section 39 Gujarat 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 Gujarat GST Act 2017 : Furnishing details of inward supplies

By | August 14, 2017

Section 38 Gujarat GST Act 2017 ( Section 38 Gujarat 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 »

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

By | August 14, 2017

Section 37 Gujarat GST Act 2017 ( Section 37 Gujarat 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 section 51… Read More »

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

By | August 14, 2017

Section 36 Gujarat GST Act 2017 ( Section 36 Gujarat 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 35… Read More »

Section 35 Gujarat GST Act 2017 : Accounts and other records

By | August 14, 2017

Section 35 Gujarat GST Act 2017 ( Section 35 Gujarat 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 of-… Read More »

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

By | August 14, 2017

Section 33 Gujarat GST Act 2017 ( Section 33 Gujarat 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 any… Read More »

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

By | August 14, 2017

Section 32 Gujarat GST Act 2017 ( Section 32 Gujarat 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 or… Read More »

Section 31 Gujarat GST Act 2017 : Tax invoice

By | August 14, 2017

Section 31 Gujarat GST Act 2017 ( Section 31 Gujarat 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 movement… Read More »

Section 30 Gujarat GST Act 2017 : Revocation of cancellation of registration

By | August 14, 2017

Section 30 Gujarat GST Act 2017 ( Section 30 Gujarat GST Act 2017 explains Revocation of cancellation of registration and is covered in CHAPTER VI REGISTRATION ) Revocation of cancellation of registration 30. (1) Subject to such conditions as may be prescribed, any registered person, whose registration is cancelled by the proper officer on his own motion, may apply to such… Read More »

Section 29 Gujarat GST Act 2017 : Cancellation of registration

By | August 14, 2017

Section 29 Gujarat GST Act 2017 ( Section 29 Gujarat GST Act 2017 explains Cancellation of registration and is covered in CHAPTER VI REGISTRATION ) Cancellation of registration 29. (1) The proper officer may, either on his own motion or on an application filed by the registered person or by his legal heirs, in case of death of such person, cancel… Read More »

Section 28 Gujarat GST Act 2017 : Amendment of registration

By | August 14, 2017

Section 28 Gujarat GST Act 2017 ( Section 28 Gujarat GST Act 2017 explains Amendment of registration and is covered in CHAPTER VI REGISTRATION ) Amendment of registration 28. (1) Every registered person and a person to whom a Unique Identity Number has been assigned shall inform the proper officer of any changes in the information furnished at the time of… Read More »

Section 27 Gujarat GST Act 2017 : Special provisions relating to casual taxable person and nonresident taxable person

By | August 14, 2017

Section 27 Gujarat GST Act 2017 ( Section 27 Gujarat GST Act 2017 explains Special provisions relating to casual taxable person and nonresident taxable person and is covered in CHAPTER VI REGISTRATION ) Special provisions relating to casual taxable person and nonresident taxable person 27. (1) The certificate of registration issued to a casual taxable person or a non resident taxable… Read More »

Section 26 Gujarat GST Act 2017 : Deemed registration

By | August 14, 2017

Section 26 Gujarat GST Act 2017 ( Section 26 Gujarat GST Act 2017 explains Deemed registration and is covered in CHAPTER VI REGISTRATION ) Deemed registration 26. (1) The grant of registration or the Unique Identity Number under the Central Goods and Services Tax Act shall be deemed to be a grant of registration or the Unique Identity Number under this Act subject… Read More »

Section 25 Gujarat GST Act 2017 : Procedure for registration

By | August 14, 2017

Section 25 Gujarat GST Act 2017 ( Section 25 Gujarat GST Act 2017 explains Procedure for registration and is covered in CHAPTER VI REGISTRATION ) Procedure for registration 25. (1) Every person who is liable to be registered under section 22 or section 24 shall apply for registration within thirty days from the date on which he becomes liable to registration,… Read More »

Section 24 Gujarat GST Act 2017 : Compulsory registration in certain cases

By | August 14, 2017

Section 24 Gujarat GST Act 2017 ( Section 24 Gujarat GST Act 2017 explains Compulsory registration in certain cases and is covered in CHAPTER VI REGISTRATION ) Compulsory registration in certain cases 24. Notwithstanding anything contained in sub-section (1) of section 22, the following categories of persons shall be required to be registered under this Act,- (i) persons making any inter-State… Read More »

Section 23 Gujarat GST Act 2017 : Persons not liable for registration

By | August 14, 2017

Section 23 Gujarat GST Act 2017 ( Section 23 Gujarat GST Act 2017 explains Persons not liable for registration and is covered in CHAPTER VI REGISTRATION ) Persons not liable for registration 23. (1) The following persons shall not be liable to registration, namely:— (a) any person engaged exclusively in the business of supplying goods or services or both that are… Read More »

Section 22 Gujarat GST Act 2017 : Persons liable for registration

By | August 14, 2017

Section 22 Gujarat GST Act 2017 ( Section 22 Gujarat GST Act 2017 explains Persons liable for registration and is covered in CHAPTER VI REGISTRATION ) Persons liable for registration 22. (1) Every supplier making a taxable supply of goods or services or both in the State shall be liable to be registered under this Act if his aggregate turnover in… Read More »

Section 21 Gujarat GST Act 2017 : Manner of recovery of credit distributed in excess

By | August 14, 2017

Section 21 Gujarat GST Act 2017 ( Section 21 Gujarat GST Act 2017 explains Manner of recovery of credit distributed in excess and is covered in CHAPTER V INPUT TAX CREDIT  ) Manner of recovery of credit distributed in excess 21. Where the Input Service Distributor distributes the credit in contravention of the provisions contained in section 20 resulting in excess… Read More »

Section 20 Gujarat GST Act 2017 : Manner of distribution of credit by Input Service Distributor

By | August 14, 2017

Section 20 Gujarat GST Act 2017 ( Section 20 Gujarat GST Act 2017 explains Manner of distribution of credit by Input Service Distributor and is covered in CHAPTER V INPUT TAX CREDIT  ) Manner of distribution of credit by Input Service Distributor 20. (1) The Input Service Distributor shall distribute the credit of State tax as State tax or integrated tax… Read More »

Section 19 Gujarat GST Act 2017 : Taking input tax credit in respect of inputs and capital goods sent for job work

By | August 14, 2017

Section 19 Gujarat GST Act 2017 ( Section 19 Gujarat GST Act 2017 explains Taking input tax credit in respect of inputs and capital goods sent for job work  and is covered in CHAPTER V INPUT TAX CREDIT  ) Taking input tax credit in respect of inputs and capital goods sent for job work 19. (1) The principal shall, subject to… Read More »

Section 18 Gujarat GST Act 2017 : Availability of credit in special circumstances

By | August 14, 2017

Section 18 Gujarat GST Act 2017 ( Section 18 Gujarat GST Act 2017 explains Availability of credit in special circumstances  and is covered in CHAPTER V INPUT TAX CREDIT  ) Availability of credit in special circumstances 18. (1) Subject to such conditions and restrictions as may be prescribed- (a) a person who has applied for registration under this Act within thirty… Read More »

Section 17 Gujarat GST Act 2017 : Apportionment of credit and blocked credits

By | August 14, 2017

Section 17 Gujarat GST Act 2017 ( Section 17 Gujarat GST Act 2017 explains Apportionment of credit and blocked credits  and is covered in CHAPTER V INPUT TAX CREDIT  ) Apportionment of credit and blocked credits 17. (1) Where the goods or services or both are used by the registered person partly for the purpose of any business and partly for… Read More »

Section 16 Gujarat GST Act 2017 : Eligibility and conditions for taking input tax credit

By | August 14, 2017

Section 16 Gujarat GST Act 2017 ( Section 16 Gujarat GST Act 2017 explains Eligibility and conditions for taking input tax credit  and is covered in CHAPTER V INPUT TAX CREDIT  ) Eligibility and conditions for taking input tax credit 16. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified… Read More »

Section 15 Gujarat GST Act 2017 : Value of taxable supply

By | August 14, 2017

Section 15 Gujarat GST Act 2017 ( Section 15 Gujarat 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 Gujarat GST Act 2017 : Change in rate of tax in respect of supply of goods or services

By | August 14, 2017

Section 14 Gujarat GST Act 2017 ( Section 14 Gujarat 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 Gujarat GST Act 2017 : Time of supply of services

By | August 14, 2017

Section 13 Gujarat GST Act 2017 ( Section 13 Gujarat 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 accordance with the provisions of this… Read More »

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

By | August 14, 2017

Section 11 Gujarat GST Act 2017 ( Section 11 Gujarat 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 the recommendations… Read More »

Section 10 Gujarat GST Act 2017 : Composition Levy

By | August 14, 2017

Section 10 Gujarat GST Act 2017 ( Section 10 Gujarat 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 turnover in… Read More »

Section 9 Gujarat GST Act 2017 : Levy and collection

By | August 14, 2017

Section 9 Gujarat GST Act 2017 ( Section 9 Gujarat 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 Gujarat goods and services tax on all intra-State supplies of goods or… Read More »

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

By | August 14, 2017

Section 8 Gujarat GST Act 2017 ( Section 8 Gujarat 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: — (a)… Read More »

Section 7 Gujarat GST Act 2017 : Scope of supply

By | August 14, 2017

Section 7 Gujarat GST Act 2017 ( Section 7 Gujarat 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, barter, exchange,… Read More »

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

By | August 14, 2017

Section 6 Gujarat GST Act 2017 ( Section 6 Gujarat 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 under the… Read More »

Section 5 Gujarat GST Act 2017 : Power of Officers

By | August 14, 2017

Section 5 Gujarat GST Act 2017 ( Section 5 Gujarat 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… Read More »

Section 4 Gujarat GST Act 2017 : Appointment of Officers

By | August 14, 2017

Section 4 Gujarat GST Act 2017 ( Section 4 Gujarat 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 under section 3, appoint such persons as it may think fit to be the officers under this Act. (2)… Read More »