Daily Archives: September 15, 2017

Notification No 8/2017 Integrated Tax : exemption from registration to person making inter-State taxable supplies of handicraft goods

By | September 15, 2017

Notification No 8/2017 Integrated Tax Granting exemption to a person making inter-State taxable supplies of handicraft goods from the requirement to obtain registration vide Notification No 8/2017 Integrated Tax Dated 14th September, 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… Read More »

Notification No 7/2017  Integrated Tax : Exemption from registration to job-workers making inter-State supply of services to a registered person

By | September 15, 2017

Notification No 7/2017  Integrated Tax Granting exemption from registration to job-workers making inter-State supply of services to a registered person from the requirement of obtaining registration vide Notification No 7/2017  Integrated Tax  Dated 14th September, 2017 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance… Read More »

Notification No 32/2017 Central Tax : GST Registration exemption to handicraft goods casual taxable person supplier

By | September 15, 2017

Notification No 32/2017 Central Tax Seeks to granting exemption to a casual taxable person making taxable supplies of handicraft goods from the requirement to obtain registration vide Notification No 32/2017 Central Tax Dated 15th September, 2017 [ Seeks to amend notification no. 32/2017-CT dated 15.09.2017 so as to add certain items to the list of “handicrafts goods”… Read More »

GST Return Errors – Blank Dashboard for Return

By | September 15, 2017

GST RETURN ERRORS-BLANK DASHBOARD FOR RETURN COMMON VALIDATION ERRORS WHEN THE RETURN DASHBOARD IS BLANK AFTER LOGIN: – 1. Name and Date of Birth mismatch with PAN data base – on promoter/partner and authorised signatory tab, taxpayer to verify name appearing in www.searchpan.in 2. Name mismatch with UIDAI data base – on promoter/partner and authorised… Read More »

Section 35 Karnataka GST Act 2017 : Accounts and other records

By | September 15, 2017

Section 35 Karnataka GST Act 2017 [ Section 35 Karnataka 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 34 Karnataka GST Act 2017 : Credit and debit notes

By | September 15, 2017

Section 34 Karnataka GST Act 2017 [ Section 34 Karnataka 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 tax charged… Read More »

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

By | September 15, 2017

Section 33 Karnataka GST Act 2017 [ Section 33 Karnataka 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 Karnataka GST Act 2017 : Prohibition of unauthorised collection of tax

By | September 15, 2017

Section 32 Karnataka GST Act 2017 [ Section 32 Karnataka 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 Karnataka GST Act 2017 : Tax invoice

By | September 15, 2017

Section 31 Karnataka GST Act 2017 [ Section 31 Karnataka 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 Karnataka GST Act 2017 : Revocation of cancellation of registration

By | September 15, 2017

Section 30 Karnataka GST Act 2017 [ Section 30 Karnataka 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… Read More »

Section 29 Karnataka GST Act 2017 : Cancellation of registration

By | September 15, 2017

Section 29 Karnataka GST Act 2017 [ Section 29 Karnataka 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,… Read More »

Section 28 Karnataka GST Act 2017 : Amendment of registration

By | September 15, 2017

Section 28 Karnataka GST Act 2017 [ Section 28 Karnataka 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… Read More »

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

By | September 15, 2017

Section 27 Karnataka GST Act 2017 [ Section 27 Karnataka 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 or a non-resident taxable… Read More »

Section 26 Karnataka GST Act 2017 : Deemed registration

By | September 15, 2017

Section 26 Karnataka GST Act 2017 [ Section 26 Karnataka 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… Read More »

Section 25 Karnataka GST Act 2017 : Procedure for registration

By | September 15, 2017

Section 25 Karnataka GST Act 2017 [ Section 25 Karnataka 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… Read More »

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

By | September 15, 2017

Section 24 Karnataka GST Act 2017 [ Section 24 Karnataka 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… Read More »

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

By | September 15, 2017

Section 23 Karnataka GST Act 2017 [ Section 23 Karnataka 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… Read More »

Section 22 Karnataka GST Act 2017 : Persons liable for registration

By | September 15, 2017

Section 22 Karnataka GST Act 2017 [ Section 22 Karnataka 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… Read More »

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

By | September 15, 2017

Section 21 Karnataka GST Act 2017 [ Section 21 Karnataka 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… Read More »

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

By | September 15, 2017

Section 20 Karnataka GST Act 2017 [ Section 20 Karnataka 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… Read More »

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

By | September 15, 2017

Section 19 Karnataka GST Act 2017 [ Section 19 Karnataka 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… Read More »

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

By | September 15, 2017

Section 18 Karnataka GST Act 2017 [ Section 18 Karnataka 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 Karnataka GST Act 2017 : Apportionment of credit and blocked credits

By | September 15, 2017

Section 17 Karnataka GST Act 2017 [ Section 17 Karnataka 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… Read More »

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

By | September 15, 2017

Section 16 Karnataka GST Act 2017 [ Section 16 Karnataka 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… Read More »

Section 15 Karnataka GST Act 2017 : Value of taxable supply

By | September 15, 2017

Section 15 Karnataka GST Act 2017 [ Section 15 Karnataka GST Act 2017 explains Value of taxable supply and is covered in CHAPTER IIV 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 Karnataka GST Act 2017 : Change in rate of tax in respect of supply of goods or services

By | September 15, 2017

Section 14 Karnataka GST Act 2017 [ Section 14 Karnataka GST Act 2017 explains Change in rate of tax in respect of supply of goods or services and is covered in CHAPTER IIV 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 Karnataka GST Act 2017 : Time of supply of services

By | September 15, 2017

Section 13 Karnataka GST Act 2017 [ Section 13 Karnataka GST Act 2017 explains Time of supply of services and is covered in CHAPTER IIV 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 Karnataka GST Act 2017 : Power to grant exemption from tax

By | September 15, 2017

Section 11 Karnataka GST Act 2017 [ Section 11 Karnataka 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… Read More »

Section 10 Karnataka GST Act 2017 : Composition levy

By | September 15, 2017

Section 10 Karnataka GST Act 2017 [ Section 10 Karnataka 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… Read More »

Section 9 Karnataka GST Act 2017 : Levy and collection

By | September 15, 2017

Section 9 Karnataka GST Act 2017 [ Section 9 Karnataka 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 Karnataka Goods and Services Tax on all intra-State supplies of goods… Read More »

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

By | September 15, 2017

Section 8 Karnataka GST Act 2017 [ Section 8 Karnataka 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 6 Karnataka GST Act 2017 : Authorisation of officers of central tax as proper officer in certain circumstances

By | September 15, 2017

Section 6 Karnataka GST Act 2017 [ Section 6 Karnataka 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… Read More »

Section 5 Karnataka GST Act 2017 : Powers of officers

By | September 15, 2017

Section 5 Karnataka GST Act 2017 [ Section 5 Karnataka 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 him under… Read More »

Section 4 Karnataka GST Act 2017 : Appointment of officers

By | September 15, 2017

Section 4 Karnataka GST Act 2017 [ Section 4 Karnataka 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 »

Section 3 Karnataka GST Act 2017 : Officers under this Act

By | September 15, 2017

Section 3 Karnataka GST Act 2017 [ Section 3 Karnataka 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:– (a) Commissioner of State tax, (b) Additional Commissioners of State tax,… Read More »

Section 2 Karnataka GST Act 2017 : Definitions

By | September 15, 2017

Section 2 Karnataka GST Act 2017 [ Section 2 Karnataka GST Act 2017 explains Definitions and is covered in CHAPTER I PRELIMINARY ] Definitions 2. In this Act, unless the context otherwise requires,- (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882 (Central Act 4 of 1882); (2) “address… Read More »

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

By | September 15, 2017

Section 1 Karnataka GST Act 2017 [ Section 1 Karnataka 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 Karnataka Goods and Services Tax Act, 2017. (2) It extends to the whole of Karnataka. (3) It shall come into… Read More »