Monthly Archives: September 2017

How to File GSTR 3 GST Return ?

By | September 30, 2017

How to File GSTR 3 GST Return ?   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 »

GST : LUT Facility in place of Bond extended to more exporters , No bank guarantee required 

By | September 30, 2017

Facility of furnishing Letter of Undertaking extended to more exporters Small exporters have brought to the notice of the Government the difficulties in furnishing bond with requisite bank guarantee. To facilitate exports under GST, it has been decided that the facility of furnishing Letter of Undertaking, in place of a bond, for exporting goods or… Read More »

Study Material for IIPCC Paper 4: Taxation for May 2018 & Nov 2018

By | September 30, 2017

Announcement for May 2018 & November 2018 IIPCE Study Material applicable for IIPCC Paper 4: Taxation  Students of IIPCC, appearing in May 2018 and November 2018 examinations, may note that the new Study Material for Intermediate Paper 4: Taxation under the Revised Scheme of Education and Training is relevant for IIPCC Paper 4: Taxation as… Read More »

Schedule III Kerala GST Ordinance 2017 : Activities Or Transactions Which Shall Be Treated Neither As A Supply Of Goods Nor A Supply Of Services

By | September 30, 2017

Schedule III Kerala GST Ordinance 2017 [ Schedule III Kerala GST Ordinance 2017 explains Activities Or Transactions Which Shall Be Treated Neither As A Supply Of Goods Nor A Supply Of Services ] Schedule III [See section 7] ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES 1. Services by… Read More »

Schedule II Kerala GST Ordinance 2017 : Activities To Be Treated As Supply Of Goods Or Supply Of Services

By | September 30, 2017

Schedule II Kerala GST Ordinance 2017 [ Schedule II Kerala GST Ordinance 2017 explains Activities To Be Treated As Supply Of Goods Or Supply Of Services ] Schedule II [See section 7] ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES 1. Transfer.—(a) any transfer of the title in goods is a supply of goods; (b) any transfer… Read More »

Schedule I Kerala GST Ordinance 2017 : Activities To Be Treated As Supply Even If Made Without Consideration

By | September 30, 2017

Schedule I Kerala GST Ordinance 2017 [ Schedule I Kerala GST Ordinance 2017 explains Activities To Be Treated As Supply Even If Made Without Consideration  ] Schedule I [See section 7] ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION 1. Permanent transfer or disposal of business assets where input tax credit has been availed on such… Read More »

Section 174 Kerala GST Ordinance 2017 : Repeal and Savings

By | September 30, 2017

Section 174 Kerala GST Ordinance 2017 [ Section 174 Kerala GST Ordinance 2017 explains Repeal and Savings and is covered in CHAPTER XXI MISCELLANEOUS ] Repeal and Savings 174. (1) Save as otherwise provided in this Ordinance on and from the date of commencement of this Ordinance,— (i) the Kerala Value Added Tax Act, 2003 (30 of 2004) except in respect… Read More »

Section 173 Kerala GST Ordinance 2017 : Amendment of certain Acts

By | September 30, 2017

Section 173 Kerala GST Ordinance 2017 [ Section 173 Kerala GST Ordinance 2017 explains Amendment of certain Acts and is covered in CHAPTER XXI MISCELLANEOUS ] Amendment of certain Acts 173 . Save as otherwise provided in this Ordinance, on and from the date of commencement of this Ordinance: (i) in the Kerala Surcharge on Taxes Act, 1957 (11 of 1957), sub-sections… Read More »

Section 172 Kerala GST Ordinance 2017 : Removal of difficulties

By | September 30, 2017

Section 172 Kerala GST Ordinance 2017 [ Section 172 Kerala GST Ordinance 2017 explains Removal of difficulties and is covered in CHAPTER XXI MISCELLANEOUS ] Removal of difficulties 172. (1) If any difficulty arises in giving effect to any provisions of this Ordinance, the Government may, on the recommendations of the Council, by a general or a special order published in… Read More »

Section 171 Kerala GST Ordinance 2017 : Anti-profiteering Measure

By | September 30, 2017

Section 171 Kerala GST Ordinance 2017 [ Section 171 Kerala GST Ordinance 2017 explains Anti-profiteering Measure and is covered in CHAPTER XXI MISCELLANEOUS ] Anti-profiteering Measure 171. (1) Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in… Read More »

Section 170 Kerala GST Ordinance 2017 : Rounding off of tax etc.

By | September 30, 2017

Section 170 Kerala GST Ordinance 2017 [ Section 170 Kerala GST Ordinance 2017 explains Rounding off of tax etc.  and is covered in CHAPTER XXI MISCELLANEOUS ] Rounding off of tax etc. 170. The amount of tax, interest, penalty, fine or any other sum payable, and the amount of refund or any other sum due, under the provisions of this Ordinance… Read More »

Section 169 Kerala GST Ordinance 2017 : Service of notice in certain circumstances

By | September 30, 2017

Section 169 Kerala GST Ordinance 2017 [ Section 169 Kerala GST Ordinance 2017 explains Service of notice in certain circumstances  and is covered in CHAPTER XXI MISCELLANEOUS ] Service of notice in certain circumstances 169. (1) Any decision, order, summons, notice or other communication under this Ordinance or the rules made thereunder shall be served by any one of the following… Read More »

Section 168 Kerala GST Ordinance 2017 : Power to issue instructions or directions

By | September 30, 2017

Section 168 Kerala GST Ordinance 2017 [ Section 168 Kerala GST Ordinance 2017 explains Power to issue instructions or directions  and is covered in CHAPTER XXI MISCELLANEOUS ] Power to issue instructions or directions 168. The Commissioner may, if he considers it necessary or expedient so to do for the purpose of uniformity in the implementation of this Ordinance, issue such… Read More »

Section 167 Kerala GST Ordinance 2017 : Delegation of powers

By | September 30, 2017

Section 167 Kerala GST Ordinance 2017 [ Section 167 Kerala GST Ordinance 2017 explains Delegation of powers  and is covered in CHAPTER XXI MISCELLANEOUS ] Delegation of powers 167. The Commissioner may, by notification, direct that subject to such conditions, if any, as may be specified in the notification, any power exercisable by any authority or officer under this Ordinance may… Read More »

Section 166 Kerala GST Ordinance 2017 : Laying of rules, regulations and notifications

By | September 30, 2017

Section 166 Kerala GST Ordinance 2017 [ Section 166 Kerala GST Ordinance 2017 explains Laying of rules, regulations and notifications  and is covered in CHAPTER XXI MISCELLANEOUS ] Laying of rules, regulations and notifications 166. Every rule made by the Government, every regulation made by the Government and every notification issued by the Government under this Ordinance, shall be laid, as… Read More »

Section 165 Kerala GST Ordinance 2017 : Power to make regulations

By | September 30, 2017

Section 165 Kerala GST Ordinance 2017 [ Section 165 Kerala GST Ordinance 2017 explains Power to make regulations  and is covered in CHAPTER XXI MISCELLANEOUS ] Power to make regulations 165. The Government may, by notification, make regulations consistent with this Ordinance and the rules made thereunder to carry out the provisions of this Ordinance. Kerala GST Ordinance 2017 Kerala GST… Read More »

Section 164 Kerala GST Ordinance 2017 : Power of Government to make rules

By | September 30, 2017

Section 164 Kerala GST Ordinance 2017 [ Section 164 Kerala GST Ordinance 2017 explains Power of Government to make rules  and is covered in CHAPTER XXI MISCELLANEOUS ] Power of Government to make rules 164. (1) The Government may, on the recommendations of the Council, by notification, make rules for carrying out the provisions of this Ordinance. (2) Without prejudice to… Read More »

Section 163 Kerala GST Ordinance 2017 : Levy of fee

By | September 30, 2017

Section 163 Kerala GST Ordinance 2017 [ Section 163 Kerala GST Ordinance 2017 explains Levy of fee and is covered in CHAPTER XXI MISCELLANEOUS ] Levy of fee 163. Wherever a copy of any order or document is to be provided to any person on an application made by him for that purpose, there shall be paid such fee as may… Read More »

Section 162 Kerala GST Ordinance 2017 : Bar on jurisdiction of civil courts

By | September 30, 2017

Section 162 Kerala GST Ordinance 2017 [ Section 162 Kerala GST Ordinance 2017 explains Bar on jurisdiction of civil courts and is covered in CHAPTER XXI MISCELLANEOUS ] Bar on jurisdiction of civil courts 162. Save as provided in sections 117 and 118, no civil court shall have jurisdiction to deal with or decide any question arising from or relating to… Read More »

Section 161 Kerala GST Ordinance 2017 : Rectification of errors apparent on the face of record

By | September 30, 2017

Section 161 Kerala GST Ordinance 2017 [ Section 161 Kerala GST Ordinance 2017 explains Rectification of errors apparent on the face of record and is covered in CHAPTER XXI MISCELLANEOUS ] Rectification of errors apparent on the face of record 161. Without prejudice to the provisions of section 160, and notwithstanding anything contained in any other provisions of this Ordinance, any… Read More »

Section 160 Kerala GST Ordinance 2017 : Assessment proceedings, etc. not to be invalid on certain ground

By | September 30, 2017

Section 160 Kerala GST Ordinance 2017 [ Section 160 Kerala GST Ordinance 2017 explains Assessment proceedings, etc. not to be invalid on certain ground and is covered in CHAPTER XXI MISCELLANEOUS ] Assessment proceedings, etc. not to be invalid on certain ground 160. (1) No assessment, re-assessment, adjudication, review, revision, appeal, rectification, notice, summons or other proceedings done, accepted, made, issued,… Read More »

Section 159 Kerala GST Ordinance 2017 : Publication of information in respect of persons in certain cases

By | September 30, 2017

Section 159 Kerala GST Ordinance 2017 [ Section 159 Kerala GST Ordinance 2017 explains Publication of information in respect of persons in certain cases  and is covered in CHAPTER XXI MISCELLANEOUS ] Publication of information in respect of persons in certain cases 159. (1) If the Commissioner, or any other officer authorised by him in this behalf, is of the opinion… Read More »

Section 158 Kerala GST Ordinance 2017 : Disclosure of information by a public servant

By | September 30, 2017

Section 158 Kerala GST Ordinance 2017 [ Section 158 Kerala GST Ordinance 2017 explains Disclosure of information by a public servant  and is covered in CHAPTER XXI MISCELLANEOUS ] Disclosure of information by a public servant 158. (1) All particulars contained in any statement made, return furnished or accounts or documents produced in accordance with this Ordinance, or in any record… Read More »

Section 157 Kerala GST Ordinance 2017 : Protection of action taken under this Ordinance

By | September 30, 2017

Section 157 Kerala GST Ordinance 2017 [ Section 157 Kerala GST Ordinance 2017 explains Protection of action taken under this Ordinance  and is covered in CHAPTER XXI MISCELLANEOUS ] Protection of action taken under this Ordinance 157. (1) No suit, prosecution or other legal proceedings shall lie against the President, State President, Members, officers or other employees of the Appellate Tribunal… Read More »

Section 156 Kerala GST Ordinance 2017 : Persons deemed to be public servants

By | September 30, 2017

Section 156 Kerala GST Ordinance 2017 [ Section 156 Kerala GST Ordinance 2017 explains Persons deemed to be public servants  and is covered in CHAPTER XXI MISCELLANEOUS ] Persons deemed to be public servants 156. All persons discharging functions under this Ordinance shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code, 1860… Read More »

Section 155 Kerala GST Ordinance 2017 : Burden of Proof

By | September 30, 2017

Section 155 Kerala GST Ordinance 2017 [ Section 155 Kerala GST Ordinance 2017 explains Burden of Proof and is covered in CHAPTER XXI MISCELLANEOUS ] Burden of Proof 155. Where any person claims that he is eligible for input tax credit under this Ordinance, the burden of proving such claim shall lie on such person. Kerala GST Ordinance 2017 Kerala GST… Read More »

Section 154 Kerala GST Ordinance 2017 : Power to take samples

By | September 30, 2017

Section 154 Kerala GST Ordinance 2017 [ Section 154 Kerala GST Ordinance 2017 explains Power to take samples and is covered in CHAPTER XXI MISCELLANEOUS ] Power to take samples 154. The Commissioner or an officer authorised by him may take samples of goods from the possession of any taxable person, where he considers it necessary, and provide a receipt for… Read More »

Section 153 Kerala GST Ordinance 2017 : Taking assistance from an expert

By | September 30, 2017

Section 153 Kerala GST Ordinance 2017 [ Section 153 Kerala GST Ordinance 2017 explains Taking assistance from an expert  and is covered in CHAPTER XXI MISCELLANEOUS ] Taking assistance from an expert 153. Any officer not below the rank of Assistant Commissioner may, having regard to the nature and complexity of the case and the interest of revenue, take assistance of… Read More »

Section 152 Kerala GST Ordinance 2017 : Bar on disclosure of information

By | September 30, 2017

Section 152 Kerala GST Ordinance 2017 [ Section 152 Kerala GST Ordinance 2017 explains Bar on disclosure of information  and is covered in CHAPTER XXI MISCELLANEOUS ] Bar on disclosure of information 152. (1) No information of any individual return or part thereof with respect to any matter given for the purposes of section 150 or section 151 shall, without the… Read More »

Section 151 Kerala GST Ordinance 2017 : Power to collect statistics

By | September 30, 2017

Section 151 Kerala GST Ordinance 2017 [ Section 151 Kerala GST Ordinance 2017 explains Power to collect statistics and is covered in CHAPTER XXI MISCELLANEOUS ]  Power to collect statistics 151. (1) The Commissioner may, if he considers that it is necessary so to do, by notification, direct that statistics may be collected relating to any matter dealt with by or… Read More »

Order No 04/2017 GST : Time extended for intimation of Stock in GST CMP 03 by dealer opting Composition Scheme

By | September 30, 2017

Order No 04/2017 GST Extension of time limit for intimation of details in FORM GST CMP-03 vide Order No 04/2017 GST dated  29th September, 2017 F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, the 29th September, 2017 Order No 04/2017 GST Subject: Extension of… Read More »

Notification No 30/2017 Union Territory Tax (Rate) : UTGST Exemption Exempting supply of services associated with transit cargo to Nepal and Bhutan

By | September 30, 2017

Notification No 30/2017 Union Territory Tax (Rate) Exempting supply of services associated with transit cargo to Nepal and Bhutan vide Notification No 30/2017 Union Territory Tax (Rate) Dated 29 th September, 2017 [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue)… Read More »

Notification No 31/2017 Integrated Tax (Rate) : IGST Exemption to supply of services associated with transit cargo to Nepal and Bhutan

By | September 30, 2017

Notification No 31/2017 Integrated Tax (Rate) Exempting supply of services associated with transit cargo to Nepal and Bhutan vide Notification No 31/2017 Integrated Tax (Rate) Dated 29 th September, 2017 [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 31/2017-Integrated… Read More »

Notification No 30/2017 Central Tax (Rate) : GST Exemption to supply of services associated with transit cargo to Nepal and Bhutan

By | September 30, 2017

Notification No 30/2017  Central Tax (Rate) Exempting supply of services associated with transit cargo to Nepal and Bhutan Vide Notification No 30/2017  Central Tax (Rate) Dated 29th September, 2017 [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 30/2017- Central… Read More »

Notification No 36/2017 Central Tax : CGST (Eighth Amendment) Rules 2017

By | September 30, 2017

Notification No 36/2017  Central Tax Eighth amendment to CGST Rules 2017. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 36/2017 – Central Tax New Delhi, the 29th September, 2017 G.S.R……(E):- In… Read More »

Do e Assessment in time barring scrutiny cases : CBDT clarify

By | September 29, 2017

Instruction No. 8/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North Block, N.Delhi, dated the 29′” of September, 2017 Subject: Conduct of Assessment Proceedings electronically in time-barring scrutiny cases-Order under section 119 of the Income-tax Act, 1961 (‘Act’)-regd.- As a part of Government’s initiative towards E-governance, Income-tax Department has brought digital transformation… Read More »

No Income Tax scrutiny for First Time Non-Business Tax Payers < 5 Lakh Income

By | September 29, 2017

FM: Income Tax Department takes various initiatives to bring about efficiency, transparency, and fairness in Tax Administration; Government is committed to widen the tax base by encouraging and incentivising the new tax payers; Number of tax payers increased significantly from 4.72 crore in financial year 2012-13 to 6.26 crore during the Financial Year 2016-17;  Direct… Read More »

Section 150 Kerala GST Ordinance 2017 : Obligation to furnish information return

By | September 29, 2017

Section 150 Kerala GST Ordinance 2017 [ Section 150 Kerala GST Ordinance 2017 explains Obligation to furnish information return and is covered in CHAPTER XXI MISCELLANEOUS ] Obligation to furnish information return 150. (1) Any person, being,— (a) a taxable person; or (b) a local authority or other public body or association; or (c) any authority of the State Government responsible… Read More »

Section 149 Kerala GST Ordinance 2017 : Goods and services tax compliance rating

By | September 29, 2017

Section 149 Kerala GST Ordinance 2017 [ Section 149 Kerala GST Ordinance 2017 explains Goods and services tax compliance rating and is covered in CHAPTER XXI MISCELLANEOUS ] Goods and services tax compliance rating 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with the… Read More »

Section 148 Kerala GST Ordinance 2017 : Special procedure for certain processes

By | September 29, 2017

Section 148 Kerala GST Ordinance 2017 [ Section 148 Kerala GST Ordinance 2017 explains Special procedure for certain processes  and is covered in CHAPTER XXI MISCELLANEOUS ] Special procedure for certain processes 148. The Government may, on the recommendations of the Council, and subject to such conditions and safeguards as may be prescribed, notify certain classes of registered persons, and the… Read More »

Section 147 Kerala GST Ordinance 2017 : Deemed Exports

By | September 29, 2017

Section 147 Kerala GST Ordinance 2017 [ Section 147 Kerala GST Ordinance 2017 explains Deemed Exports and is covered in CHAPTER XXI MISCELLANEOUS ] Deemed Exports 147. The Government may, on the recommendations of the Council, notify certain supplies of goods as “deemed exports”, where goods supplied do not leave India, and payment for such supplies is received either in Indian… Read More »

Section 146 Kerala GST Ordinance 2017 : Common Portal

By | September 29, 2017

Section 146 Kerala GST Ordinance 2017 [ Section 146 Kerala GST Ordinance 2017 explains Common Portal and is covered in CHAPTER XXI MISCELLANEOUS ] Common Portal 146. The Government may, on the recommendations of the Council, notify the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of returns, computation and settlement of integrated tax, electronic… Read More »

Section 145 Kerala GST Ordinance 2017 : Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence

By | September 29, 2017

Section 145 Kerala GST Ordinance 2017 [ Section 145 Kerala GST Ordinance 2017 explains Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence and is covered in CHAPTER XXI MISCELLANEOUS ] Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence 145. (1) Notwithstanding anything contained in any… Read More »

Section 144 Kerala GST Ordinance 2017 : Presumption as to documents in certain cases

By | September 29, 2017

Section 144 Kerala GST Ordinance 2017 [ Section 144 Kerala GST Ordinance 2017 explains Presumption as to documents in certain cases and is covered in CHAPTER XXI MISCELLANEOUS ] Presumption as to documents in certain cases 144 . Where any document,— (i) is produced by any person under this Ordinance or any other law for the time being in force; or… Read More »

Section 143 Kerala GST Ordinance 2017 : Jobwork procedure

By | September 29, 2017

Section 143 Kerala GST Ordinance 2017 [ Section 143 Kerala GST Ordinance 2017 explains Jobwork procedure and is covered in CHAPTER XXI MISCELLANEOUS ] Jobwork procedure 143 . (1) A registered person (hereafter in this section referred to as the “principal”) may, under intimation and subject to such conditions as may be prescribed, send any inputs or capital goods, without payment… Read More »

Section 142 Kerala GST Ordinance 2017 : Miscellaneous transitional provisions

By | September 29, 2017

Section 142 Kerala GST Ordinance 2017 [ Section 142 Kerala GST Ordinance 2017 explains Miscellaneous transitional provisions and is covered in CHAPTER XX TRANSITIONAL PROVISIONS ] Miscellaneous transitional provisions 142. (1) Where any goods on which tax, if any, had been paid under the existing law at the time of sale thereof, not being earlier than six months prior to… Read More »

Section 141 Kerala GST Ordinance 2017 : Transitional provisions relating to job work

By | September 29, 2017

Section 141 Kerala GST Ordinance 2017 [ Section 141 Kerala GST Ordinance 2017 explains Transitional provisions relating to job work and is covered in CHAPTER XX TRANSITIONAL PROVISIONS ] Transitional provisions relating to job work 141 . (1) Where any inputs received at a place of business had been despatched as such or despatched after being partially processed to a… Read More »

Section 140 Kerala GST Ordinance 2017 : Transitional arrangements for input tax credit

By | September 29, 2017

Section 140 Kerala GST Ordinance 2017 [ Section 140 Kerala GST Ordinance 2017 explains Transitional arrangements for input tax credit and is covered in CHAPTER XX TRANSITIONAL PROVISIONS ] Transitional arrangements for input tax credit 140. (1) A registered person, other than a person opting to pay tax under section 10, shall be entitled to take, in his electronic credit… Read More »