Daily Archives: August 28, 2017

TDS on payments under GST – video

By | August 28, 2017

TDS on payments under GST GST Video Tutorial 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… Read More »

Govt Services Exempt from GST – Video

By | August 28, 2017

Govt Services Exempt from GST  GST Video Tutorial 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… Read More »

Circular No 06/06/2017 CGST – GST rate on lottery tickets Calrified

By | August 28, 2017

Circular No 06/06/2017 CGST Circular No 06/06/2017 CGST dated 27.08.2017 is issued to clarify classification and GST rate on lottery Circular No.06/06/2017-CGST F. No. 354/149/2017-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit New Delhi, the 27 th August, 2017 To, The Principal Chief Commissioner/Chief Commissioners/ Principal Commissioner/ Commissioner of Central… Read More »

No penalty for non-filing of GST return when assessee wrongly registered as sole proprietor instead of partnership firm: HC

By | August 28, 2017

HIGH COURT OF ALLAHABAD Modern Pipe Industries v. State of U.P PANKAJ MITHAL AND UMESH CHANDRA TRIPATHI, JJ. WRIT TAX NO. 583 OF 2017 AUGUST  24, 2017 Piyush Agrawal for the Petitioner. C.S.C., A.S.G.I., C.B. Tripathi and Krishna Agarwal for the Respondent. ORDER   1. The short grievance in this petition is under the GST the petitioner has been registered as sole proprietor in… Read More »

GST FAQ on Composition, Exports, Invoice and Returns , Job Work ,Levy

By | August 28, 2017

GST FAQ on Composition, Exports, Invoice and Returns , Job Work ,Levy GST FAQ COMPOSITION Q.1 Whether a person can avail the composition scheme on Small Retail Trading of goods if he is holding both incomes like Sale of business: Rs. 25 lakh (Small Retail Trader) and Rental income: Rs. 12 lakh, whereas the person was registered… Read More »

GST Tips – Govt Supplies neither Goods nor Services under GST 

By | August 28, 2017

 GST Tips – Govt Supplies neither goods nor services under GST  Supplies neither Supply of Goods nor services under GST Act; Notification No 14/2017 Central Tax (Rate) Dated 28th June 2017 GST Video Tutorials Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms… Read More »

GST Mismatch in GST Returns Explained – MIS 1,2,3,4 & Form 3B – Video

By | August 28, 2017

GST Mismatch in GST Returns Explained – MIS 1,2,3,4 & Form 3B  GST Video Tutorials 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… Read More »

Section 50 Jammu & Kashmir GST Act 2017 : Interest on delayed payment of tax.

By | August 28, 2017

Section 50 Jammu & Kashmir GST Act 2017 ( Section 50 Jammu & Kashmir 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… Read More »

Section 49 Jammu & Kashmir GST Act 2017 : Payment of tax, interest, penalty and other amounts.

By | August 28, 2017

Section 49 Jammu & Kashmir GST Act 2017 ( Section 49 Jammu & Kashmir 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… Read More »

Section 48 Jammu & Kashmir GST Act 2017 : Goods and services tax practitioners.

By | August 28, 2017

Section 48 Jammu & Kashmir GST Act 2017 ( Section 48 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Levy of late fee.

By | August 28, 2017

Section 47 Jammu & Kashmir GST Act 2017 ( Section 47 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Notice to return defaulters.

By | August 28, 2017

Section 46 Jammu & Kashmir GST Act 2017 ( Section 46 Jammu & Kashmir 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, section 44 or section 45, a notice shall be issued requiring him to furnish… Read More »

Section 45 Jammu & Kashmir GST Act 2017 : Final return.

By | August 28, 2017

Section 45 Jammu & Kashmir GST Act 2017 ( Section 45 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Annual return.

By | August 28, 2017

Section 44 Jammu & Kashmir GST Act 2017 ( Section 44 Jammu & Kashmir 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… Read More »

Section 43 Jammu & Kashmir GST Act 2017 : Matching, reversal and reclaim of reduction in output tax liability.

By | August 28, 2017

Section 43 Jammu & Kashmir GST Act 2017 ( Section 43 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Matching, reversal and reclaim of input tax credit.

By | August 28, 2017

Section 42 Jammu & Kashmir GST Act 2017 ( Section 42 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Claim of input tax credit and provisional acceptance thereof.

By | August 28, 2017

Section 41 Jammu & Kashmir GST Act 2017 ( Section 41 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : First Return.

By | August 28, 2017

Section 40 Jammu & Kashmir GST Act 2017 ( Section 40 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Furnishing of returns.

By | August 28, 2017

Section 39 Jammu & Kashmir GST Act 2017 ( Section 39 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Furnishing details of inward supplies.

By | August 28, 2017

Section 38 Jammu & Kashmir GST Act 2017 ( Section 38 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Furnishing details of outward supplies.

By | August 28, 2017

Section 37 Jammu & Kashmir GST Act 2017 ( Section 37 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Period of retention of accounts.

By | August 28, 2017

Section 36 Jammu & Kashmir GST Act 2017 ( Section 36 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Accounts and other records.

By | August 28, 2017

Section 35 Jammu & Kashmir GST Act 2017 ( Section 35 Jammu & Kashmir 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… Read More »

Section 34 Jammu & Kashmir GST Act 2017 : Credit and debit notes

By | August 28, 2017

Section 34 Jammu & Kashmir GST Act 2017 ( Section 34 Jammu & Kashmir 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 or… Read More »

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

By | August 28, 2017

Section 33 Jammu & Kashmir GST Act 2017 ( Section 33 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Prohibition on unauthorized collection of tax.

By | August 28, 2017

Section 32 Jammu & Kashmir GST Act 2017 ( Section 32 Jammu & Kashmir GST Act 2017 explains Tax invoice  and is covered in CHAPTER- VII TAX INVOICE, CREDIT AND DEBIT NOTES )  Prohibition on unauthorized collection of tax. 32. (1) A person who is not a registered person shall not collect in respect of any supply of goods or services… Read More »

Section 31 Jammu & Kashmir GST Act 2017 : Tax invoice.

By | August 28, 2017

Section 31 Jammu & Kashmir GST Act 2017 ( Section 31 Jammu & Kashmir 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 »

Section 30 Jammu & Kashmir GST Act 2017 : Revocation of cancellation of registration.

By | August 28, 2017

Section 30 Jammu & Kashmir GST Act 2017 ( Section 30 Jammu & Kashmir 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… Read More »

Section 29 Jammu & Kashmir GST Act 2017 : Cancellation of registration.

By | August 28, 2017

Section 29 Jammu & Kashmir GST Act 2017 ( Section 29 Jammu & Kashmir 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… Read More »

Section 28 Jammu & Kashmir GST Act 2017 : Amendment of registration.

By | August 28, 2017

Section 28 Jammu & Kashmir GST Act 2017 ( Section 28 Jammu & Kashmir 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… Read More »

Section 27 Jammu & Kashmir GST Act 2017 : Special provisions relating to casual taxable person and non-resident taxable person.

By | August 28, 2017

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

Section 26 Jammu & Kashmir GST Act 2017 Deemed registration.

By | August 28, 2017

Section 26 Jammu & Kashmir GST Act 2017 ( Section 26 Jammu & Kashmir 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… Read More »