Daily Archives: September 7, 2017

GST TRAN 1 FAQ

By | September 7, 2017

GST TRAN 1 FAQ Transition Form GST TRAN – 1 1. What are Transitional Provisions? As per the transitional provisions of CGST/SGST/UTGST Act, registered person can take credit of taxes or duties paid under existing State or Central laws, like Value Added Tax Act, Central Excise Act and Service Tax laws and carry them forward… Read More »

Accountancy for Class 11 (Commerce) by Dr. Sanjay Kumar Singh 2017 Edition

By | September 7, 2017

Accountancy for Class XI (Commerce)Paperback – 31 Jan 2017 by Dr. Sanjay Kumar Singh & Shailesh Chauhan Dr. S.K. Singh (Author,  Product description Free Delivery if order value from the seller is greater than 399. Used Book in good condition. No missing/ torn pages. No stains. Note: The above used product classification has been solely undertaken by the… Read More »

Section 35 Jharkhand GST Act 2017 : Accounts and other records

By | September 7, 2017

Section 35 Jharkhand GST Act 2017 ( Section 35 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 33 Jharkhand GST Act 2017 ( Section 33 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 32 Jharkhand GST Act 2017 ( Section 32 Jharkhand 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… Read More »

Section 31 Jharkhand GST Act 2017 : Tax invoice.

By | September 7, 2017

Section 31 Jharkhand GST Act 2017 ( Section 31 Jharkhand 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… Read More »

Section 30 Jharkhand GST Act 2017 : Revocation of cancellation of registration.

By | September 7, 2017

Section 30 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 30 Jharkhand 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… Read More »

Section 29 Jharkhand GST Act 2017 : Cancellation of registration.

By | September 7, 2017

Section 29 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 29 Jharkhand 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,… Read More »

Section 28 Jharkhand GST Act 2017 : Amendment of registration.

By | September 7, 2017

Section 28 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 28 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 27 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 27 Jharkhand 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… Read More »

Section 26 Jharkhand GST Act 2017 : Deemed registration

By | September 7, 2017

Section 26 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 26 Jharkhand 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… Read More »

Section 25 Jharkhand GST Act 2017 : Procedure for registration

By | September 7, 2017

Section 25 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 25 Jharkhand 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 22or section 24 shall apply for registration within thirty days from the date on… Read More »

Section 24 Jharkhand GST Act 2017 : Compulsory registration in certain cases.

By | September 7, 2017

Section 24 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 24 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 23 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 23 Jharkhand 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… Read More »

Section 22 Jharkhand GST Act 2017 : Persons liable for registration.

By | September 7, 2017

Section 22 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017. ) ( Section 22 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 21 Jharkhand GST Act 2017 ( Section 21 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 20 Jharkhand GST Act 2017 ( Section 20 Jharkhand 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 and integrated… Read More »

Section 19 Jharkhand GST Act 2017 : Taking input tax credit in respect of inputs and capital goods sent for jobwork.

By | September 7, 2017

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

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

By | September 7, 2017

Section 18 Jharkhand GST Act 2017 ( Section 18 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 17 Jharkhand GST Act 2017 ( Section 17 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 16 Jharkhand GST Act 2017 ( Section 16 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 16 Jharkhand GST Act 2017 ( Section 16 Jharkhand 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… Read More »

Section 15 Jharkhand GST Act 2017 : Value of taxable supply.

By | September 7, 2017

Section 15 Jharkhand GST Act 2017 ( Section 15 Jharkhand 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… Read More »

Section 14 Jharkhand GST Act 2017 : Change in rate of tax in respect of supply of goods or services.

By | September 7, 2017

Section 14 Jharkhand GST Act 2017 ( Section 14 Jharkhand 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 Jharkhand GST Act 2017 : Time of supply of services.

By | September 7, 2017

Section 13 Jharkhand GST Act 2017 ( Section 13 Jharkhand 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… Read More »

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

By | September 7, 2017

Section 11 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 11 Jharkhand 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… Read More »

Section 10 Jharkhand GST Act 2017 : Composition levy

By | September 7, 2017

Section 10 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 10 Jharkhand 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,… Read More »

Section 9 Jharkhand GST Act 2017 : Levy and collection

By | September 7, 2017

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

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

By | September 7, 2017

Section 8 Jharkhand GST Act 2017 ( Section 8 Jharkhand 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:… Read More »

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

By | September 7, 2017

Section 6 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 6 Jharkhand 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… Read More »

Section 5 Jharkhand GST Act 2017 : Powers of officers

By | September 7, 2017

Section 5 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 5 Jharkhand GST Act 2017 explains Powers of officers and is covered in CHAPTER II ADMINISTRATION)  Powers 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… Read More »

Section 4 Jharkhand GST Act 2017 : Appointment of officers.

By | September 7, 2017

Section 4 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 4 Jharkhand 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… Read More »

Section 3 Jharkhand GST Act 2017 : Officers under this Act.

By | September 7, 2017

Section 3 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 3 Jharkhand GST Act 2017 explains Officers under this Act and is covered in CHAPTER II ADMINISTRATION)  Officers under this Act. 3. The Government shall, by notification, appoint the following classes of officers for the purposes of this Act, namely:–– List is indicative (a) [Principal… Read More »

Section 2 Jharkhand GST Act 2017 : Definitions.

By | September 7, 2017

Section 2 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 2 Jharkhand GST Act 2017 explains Definitions and is covered in CHAPTER I PRELIMINARY )   Definitions. 2. In this Act, unless the context otherwise requires,–– “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act,… Read More »

Section 1 Jharkhand GST Act 2017 : Short title, extent and commencement.

By | September 7, 2017

Section 1 Jharkhand GST Act 2017 ( Enforced with effect from 22-6-2017.) ( Section 1 Jharkhand GST Act 2017 explains Short title, extent and commencement and is covered in CHAPTER I PRELIMINARY )   Short title, extent and commencement.  1. (1) This Act may be called the Jharkhand Goods and Services Tax Act, 2017. (2) It extends to the whole of the Jharkhand… Read More »