Daily Archives: December 27, 2017

GST ITC 1 Due Date

By | December 27, 2017

GST ITC 1 Due Date Declaration by the registered persons, who have become eligible to avail the input tax credit under section 18(1) of the said Act Date Original /Extended Due Date Reference November 2017 Extended  31st January, 2018.   Notification No 67/2017 Central Tax dated 21st December, 2017 November 2017 Original  section 18(1) of CGST… Read More »

Category: GST

GST CMP 3 Due date

By | December 27, 2017

GST CMP 3 Due date [   Time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy is exercised in FORM GST CMP-03 ] Form Original /Extended Due Date Reference GST CMP 03 Extended 31st January, 2018. Order No 11/2017 GST Dated 21st December, 2017 GST CMP 03… Read More »

Can I send the ITR V (income Tax Acknowledgment) to CPC by Registered Post

By | December 27, 2017

Can I send the ITR-V to CPC by Registered Post Answer: The tax payer has to send the duly signed copy of ITR-V to “Centralized Processing Centre, Income Tax Department, Bengaluru 560500 within 120 days of uploading the retur  by Ordinary post or Speed post ONLY. Related Post Income Tax Books Income Tax Press Release Income Tax Act… Read More »

GST on Travel arrangement and tour operator services

By | December 27, 2017

GST on Travel arrangement and tour operator services Analysis of GST on Travel arrangement and tour operator services in India Is there any GST on Travel arrangement and tour operator services ? Yes , Travel arrangement, tour operator  services fall under following groups Group 99855  : Travel arrangement, tour operator and related service         998551 : Reservation services for… Read More »

GST on Library Services

By | December 27, 2017

GST on Library Services Analysis of GST on Library Services in India Is there any GST on Library Services ? Yes The service falls under :- Heading 9984 “Telecommunications, broadcasting and information supply services “ Group 99845 : Library and archive services     998451: Library services [ Refer Annexure of Notification No. 11/2017-Central Tax (Rate) and No.… Read More »

Section 24 of Mizoram GST Act 2017 : Compulsory registration in certain cases

By | December 27, 2017

Section 24 of Mizoram GST Act 2017 ( Section 24 of  Mizoram 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,-… Read More »

Section 23 of Mizoram GST Act 2017 : Persons not liable for registration

By | December 27, 2017

Section 23 of Mizoram GST Act 2017 ( Section 23 of  Mizoram 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… Read More »

Section 22 of Mizoram GST Act 2017 : Persons liable for registration

By | December 27, 2017

Section 22 of Mizoram GST Act 2017 ( Section 22 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 21 of Mizoram GST Act 2017 ( Section 21 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 20 of Mizoram GST Act 2017 ( Section 20 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 19 of Mizoram GST Act 2017 ( Section 19 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 18 of Mizoram GST Act 2017 ( Section 18 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 17 of Mizoram GST Act 2017 ( Section 17 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 16 of Mizoram GST Act 2017 ( Section 16 of  Mizoram 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… Read More »

Section 14 of Mizoram GST Act 2017 : Change in rate of tax in respect of supply of goods and services

By | December 27, 2017

Section 14 of Mizoram GST Act 2017 ( Section 14 of  Mizoram GST Act 2017 explains Change in rate of tax in respect of supply of goods and services and is covered in Chapter IV : TIME AND VALUE OF SUPPLY ) Change in rate of tax in respect of supply of goods and services 14. Notwithstanding anything contained in… Read More »

Section 11 of Mizoram GST Act 2017 : Power to grant exemption from tax

By | December 27, 2017

Section 11 of Mizoram GST Act 2017 ( Section 11 of  Mizoram 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… Read More »

Section 10 of Mizoram GST Act 2017 : Composition levy

By | December 27, 2017

Section 10 of Mizoram GST Act 2017 ( Section 10 of  Mizoram 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,… Read More »

Section 9 of Mizoram GST Act 2017 : Levy and collection

By | December 27, 2017

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

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

By | December 27, 2017

Section 8 of Mizoram GST Act 2017 ( Section 8 of  Mizoram 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… Read More »

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

By | December 27, 2017

Section 6 of Mizoram GST Act 2017 ( Section 6 of  Mizoram 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… Read More »

Section 5 of Mizoram GST Act 2017 : Powers of officers

By | December 27, 2017

Section 5 of Mizoram GST Act 2017 ( Section 5 of  Mizoram 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 this… Read More »

Section 4 of Mizoram GST Act 2017 : Appointment of officers

By | December 27, 2017

Section 4 of Mizoram GST Act 2017 ( Section 4 of  Mizoram 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… Read More »

Section 3 of Mizoram GST Act 2017 : Officers under this Act

By | December 27, 2017

Section 3 of Mizoram GST Act 2017 ( Section 3 of  Mizoram 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 Taxes, (b) Joint Commissioners of Taxes,… Read More »

Section 2 of Mizoram GST Act 2017 : Definitions

By | December 27, 2017

Section 2 of Mizoram GST Act 2017 ( Section 2 of  Mizoram 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 (4 of… Read More »

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

By | December 27, 2017

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