Daily Archives: September 18, 2017

No Release of Goods detained under GST Act on Simple Bond and 50% Payment : High Court

By | September 18, 2017

Issue :  It was also ordered that on payment of 50% of such demand along with execution of a simple bond, the goods shall be released. It is this judgment which is challenged before us. Held  Section 129 of the CGST Act and SGST ordinance provides for detention, seizure and release of goods and conveyances… Read More »

Section 150 Karnataka GST Act 2017 : Obligation to furnish information return.

By | September 18, 2017

Section 150 Karnataka GST Act 2017 [ Section 150 Karnataka GST Act 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… Read More »

Section 149 Karnataka GST Act 2017 : Goods and services tax compliance rating.

By | September 18, 2017

Section 149 Karnataka GST Act 2017 [ Section 149 Karnataka GST Act 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… Read More »

Section 148 Karnataka GST Act 2017 : Special procedure for certain processes.

By | September 18, 2017

Section 148 Karnataka GST Act 2017 [ Section 148 Karnataka GST Act 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… Read More »

Section 147 Karnataka GST Act 2017 : Deemed Exports.

By | September 18, 2017

Section 147 Karnataka GST Act 2017 [ Section 147 Karnataka GST Act 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… Read More »

Section 146 Karnataka GST Act 2017 : Common Portal.

By | September 18, 2017

Section 146 Karnataka GST Act 2017 [ Section 146 Karnataka GST Act 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,… Read More »

Section 145 Karnataka GST Act 2017 : Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence.

By | September 18, 2017

Section 145 Karnataka GST Act 2017 [ Section 145 Karnataka GST Act 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… Read More »

Section 144 Karnataka GST Act 2017 : Presumption as to documents in certain cases.

By | September 18, 2017

Section 144 Karnataka GST Act 2017 [ Section 144 Karnataka GST Act 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 Act or any other law for the time being in force; or… Read More »

Section 143 Karnataka GST Act 2017 : Job work procedure.

By | September 18, 2017

Section 143 Karnataka GST Act 2017 [ Section 143 Karnataka GST Act 2017 explains Job work procedure and is covered in CHAPTER XXI MISCELLANEOUS ] Job work 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,… Read More »

Section 142 Karnataka GST Act 2017 : Miscellaneous transitional provisions.

By | September 18, 2017

Section 142 Karnataka GST Act 2017 [ Section 142 Karnataka GST Act 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 Karnataka GST Act 2017 : Transitional provisions relating to job work.

By | September 18, 2017

Section 141 Karnataka GST Act 2017 [ Section 141 Karnataka GST Act 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 job… Read More »

Section 140 Karnataka GST Act 2017 : Transitional arrangements for input tax credit.

By | September 18, 2017

Section 140 Karnataka GST Act 2017 [ Section 140 Karnataka GST Act 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 »

Section 139 Karnataka GST Act 2017 : Migration of existing taxpayers.

By | September 18, 2017

Section 139 Karnataka GST Act 2017 [ Section 139 Karnataka GST Act 2017 explains Migration of existing taxpayers  and is covered in CHAPTER XX TRANSITIONAL PROVISIONS ] Migration of existing taxpayers. 139. (1) On and from the appointed day, every person registered under any of the existing laws and having a valid Permanent Account Number shall be issued a certificate… Read More »

Section 138 Karnataka GST Act 2017 : Compounding of offences.

By | September 18, 2017

Section 138 Karnataka GST Act 2017 [ Section 138 Karnataka GST Act 2017 explains Compounding of offences  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Compounding of offences. 138. (1) Any offence under this Act may, either before or after the institution of prosecution, be compounded by the Commissioner on payment, by the person accused of the offence,… Read More »

Section 137 Karnataka GST Act 2017 : Offences by Companies.

By | September 18, 2017

Section 137 Karnataka GST Act 2017 [ Section 137 Karnataka GST Act 2017 explains Offences by Companies  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Offences by Companies. 137. (1) Where an offence committed by a person under this Act is a company, every person who, at the time the offence was committed was in charge of, and… Read More »

Section 136 Karnataka GST Act 2017 : Relevancy of statements under certain circumstances.

By | September 18, 2017

Section 136 Karnataka GST Act 2017 [ Section 136 Karnataka GST Act 2017 explains Relevancy of statements under certain circumstances  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Relevancy of statements under certain circumstances. 136. A statement made and signed by a person on appearance in response to any summons issued under section 70 during the course of… Read More »

Section 135 Karnataka GST Act 2017 : Presumption of culpable mental state.

By | September 18, 2017

Section 135 Karnataka GST Act 2017 [ Section 135 Karnataka GST Act 2017 explains Presumption of culpable mental state.  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Presumption of culpable mental state. 135. In any prosecution for an offence under this Act which requires a culpable mental state on the part of the accused, the court shall presume… Read More »

Section 134 Karnataka GST Act 2017 : Cognizance of offences.

By | September 18, 2017

Section 134 Karnataka GST Act 2017 [ Section 134 Karnataka GST Act 2017 explains Cognizance of offences  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Cognizance of offences. 134. No court shall take cognizance of any offence punishable under this Act or the rules made thereunder except with the previous sanction of the Commissioner, and no court inferior… Read More »

Section 133 Karnataka GST Act 2017 : Liability of officers and certain other persons.

By | September 18, 2017

Section 133 Karnataka GST Act 2017 [ Section 133 Karnataka GST Act 2017 explains Liability of officers and certain other persons  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Liability of officers and certain other persons. 133. (1) Where any person engaged in connection with the collection of statistics under section 151 or compilation or computerisation thereof or… Read More »

Section 132 Karnataka GST Act 2017 : Punishment for certain offences.

By | September 18, 2017

Section 132 Karnataka GST Act 2017 [ Section 132 Karnataka GST Act 2017 explains Punishment for certain offences and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Punishment for certain offences. 132. (1) Whoever commits any of the following offences, namely:— (a) supplies any goods or services or both without issue of any invoice, in violation of the provisions… Read More »

Section 131 Karnataka GST Act 2017 : Confiscation or penalty not to interfere with other punishments.

By | September 18, 2017

Section 131 Karnataka GST Act 2017 [ Section 131 Karnataka GST Act 2017 explains Confiscation or penalty not to interfere with other punishments and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Confiscation or penalty not to interfere with other punishments. 131. Without prejudice to the provisions contained in the Code of Criminal Procedure, 1973 (Central Act 2 of… Read More »

Section 130 Karnataka GST Act 2017 : Confiscation of goods or conveyances and levy of penalty.

By | September 18, 2017

Section 130 Karnataka GST Act 2017 [ Section 130 Karnataka GST Act 2017 explains Confiscation of goods or conveyances and levy of penalty. and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Confiscation of goods or conveyances and levy of penalty. 130. (1) Notwithstanding anything contained in this Act, if any person – (i) supplies or receives any goods… Read More »

Section 129 Karnataka GST Act 2017 : Detention, seizure and release of goods and conveyances in transit.

By | September 18, 2017

Section 129 Karnataka GST Act 2017 [ Section 129 Karnataka GST Act 2017 explains Detention, seizure and release of goods and conveyances in transit  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Detention, seizure and release of goods and conveyances in transit. 129. (1) Notwithstanding anything contained in this Act, where any person transports any goods or stores… Read More »

Section 128 Karnataka GST Act 2017 : Power to waive penalty or fee or both.

By | September 18, 2017

Section 128 Karnataka GST Act 2017 [ Section 128 Karnataka GST Act 2017 explains Power to waive penalty or fee or both  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Power to waive penalty or fee or both. 128. The Government may, by notification, waive in part or full, any penalty referred to in section 122 or section… Read More »

Section 127 Karnataka GST Act 2017 : Power to impose penalty in certain cases.

By | September 18, 2017

Section 127 Karnataka GST Act 2017 [ Section 127 Karnataka GST Act 2017 explains Power to impose penalty in certain cases.  and is covered in CHAPTER XIX OFFENCES AND PENALTIES ] Power to impose penalty in certain cases. 127. Where the proper officer is of the view that a person is liable to a penalty and the same is not… Read More »

 Section 126 Karnataka GST Act 2017 : General disciplines related to penalty.

By | September 18, 2017

Section 126 Karnataka GST Act 2017 [ Section 126 Karnataka GST Act 2017 explains  General disciplines related to penalty. and is covered in CHAPTER XIX OFFENCES AND PENALTIES ]  General disciplines related to penalty. 126. (1) No officer under this Act shall impose any penalty for minor breaches of tax regulations or procedural requirements and in particular, any omission or… Read More »