Daily Archives: August 20, 2017

Penalty for late filing of GSTR 3B

Penalty for late filing of GSTR 3B Penalty for late filing of GSTR 3B is Rs 100 for every day subject to the maximum of Rs 5000/-. You can refer Section 47 of CGST Act 2017. Section 47 of CGST Act 2017 is Reproduced as follow :-  Levy of late fee. 47. (1) Any registered… Read More »

Category: GST

Format for Authorization of repayment of Housing Loan out of PF Account

For Web Circulation Only Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 www.epfindia.gov.inwww.epfindia.nic.in Telephone: 011- 26713254 Fax: 011-26166609 Email: acc.fa.imc@epfindia.gov.in No: WSU/39(1)2017/Housing Scheme/10420 Dated: 18 AUG 2017 To All Addl. CPFC (HQ/Zone), Regional P.F. Commissioners-incharge of Regional Offices. Sub: Withdrawal under… Read More »

New Rs 50 banknote released by RBI

RBI Introduces Rs 50 banknote in Mahatma Gandhi (New) Series The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage.… Read More »

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

Section 75 Himachal Pradesh GST Act 2017 ( Section 75 Himachal Pradesh 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… Read More »

Section 74 Himachal Pradesh 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 mis-statement or suppression of facts.

Section 74 Himachal Pradesh GST Act 2017 ( Section 74 Himachal Pradesh 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 mis-statement or suppression of facts  and is covered in CHAPTER-XV DEMANDS AND RECOVERY  ) Determination of tax… Read More »

Section 73 Himachal Pradesh 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 mis-statement or suppression of facts

Section 73 Himachal Pradesh GST Act 2017 ( Section 73 Himachal Pradesh 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 mis-statement or suppression of facts  and is covered in CHAPTER-XV DEMANDS AND RECOVERY  ) Determination… Read More »

Section 72 Himachal Pradesh GST Act 2017 : Officers to assist proper officers

Section 72 Himachal Pradesh GST Act 2017 ( Section 72 Himachal Pradesh 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… Read More »

Section 71 Himachal Pradesh GST Act 2017 : Access to business premises

Section 71 Himachal Pradesh GST Act 2017 ( Section 71 Himachal Pradesh 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… Read More »

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

Section 70 Himachal Pradesh GST Act 2017 ( Section 70 Himachal Pradesh 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 powers to summon… Read More »

Section 68 Himachal Pradesh GST Act 2017 : Inspection of goods in movement

Section 68 Himachal Pradesh GST Act 2017 ( Section 68 Himachal Pradesh 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… Read More »

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

Section 67 Himachal Pradesh GST Act 2017 ( Section 67 Himachal Pradesh 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… Read More »

Section 66 Himachal Pradesh GST Act 2017 : Special audit

Section 66 Himachal Pradesh GST Act 2017 ( Section 66 Himachal Pradesh 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… Read More »

Section 64 Himachal Pradesh GST Act 2017 : Summary assessment in certain special cases

Section 64 Himachal Pradesh GST Act 2017 ( Section 64 Himachal Pradesh GST Act 2017  explains Summary assessment in certain special cases and is covered in CHAPTER– XII ASSESSMENT ) Summary assessment in 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… Read More »

Section 63 Himachal Pradesh GST Act 2017 : Assessment of unregistered persons

Section 63 Himachal Pradesh GST Act 2017 ( Section 63 Himachal Pradesh 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… Read More »

Section 62 Himachal Pradesh GST Act 2017 : Assessment of non-filers of returns

Section 62 Himachal Pradesh GST Act 2017 ( Section 62 Himachal Pradesh GST Act 2017  explains Assessment of non-filers of returns  and is covered in CHAPTER– XII ASSESSMENT ) Assessment of non-filers 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… Read More »

Section 61 Himachal Pradesh GST Act 2017 : Scrutiny of returns

Section 61 Himachal Pradesh GST Act 2017 ( Section 61 Himachal Pradesh 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… Read More »

Section 60 Himachal Pradesh GST Act 2017 : Provisional assessment

Section 60 Himachal Pradesh GST Act 2017 ( Section 60 Himachal Pradesh 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… Read More »

Section 59 Himachal Pradesh GST Act 2017 : Self-assessment

Section 59 Himachal Pradesh GST Act 2017 ( Section 59 Himachal Pradesh 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. Himachal Pradesh  GST Act 2017 Himachal Pradesh GST Rules… Read More »

Section 57 Himachal Pradesh GST Act 2017 : Consumer Welfare Fund

Section 57 Himachal Pradesh GST Act 2017 ( Section 57 Himachal Pradesh 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… Read More »

Section 56 Himachal Pradesh GST Act 2017 : Interest on delayed refunds

Section 56 Himachal Pradesh GST Act 2017 ( Section 56 Himachal Pradesh 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… Read More »

Section 55 Himachal Pradesh GST Act 2017 : Refund in certain cases

Section 55 Himachal Pradesh GST Act 2017 ( Section 55 Himachal Pradesh GST Act 2017  explains Refund in certain cases  and is covered in CHAPTER-XI REFUNDS   ) Refund in 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… Read More »

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

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

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

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