Daily Archives: December 28, 2017

NOTIFICATION G.O.MS.NO.622, DATED 28-12-2017 : Andhra Pradesh GST

By | December 28, 2017

SECTION 68 OF THE ANDHRA PRADESH GOODS AND SERVICES TAX ACT, 2017 – INSPECTION OF GOODS IN MOVEMENT  FURTHER EXTENSION OF TIME LIMIT OF OPERATION OF NOTIFICATION G.O.Ms.No.309, DATED 24-7-2017 NOTIFICATION G.O.MS.NO.622, DATED 28-12-2017 In exercise of the powers vested under Section 68 of the Andhra Pradesh Goods and Services Tax Act, 2017 read with Rule… Read More »

GST FAQs on 27.12.2017 by Govt Twitter account

By | December 28, 2017

GST FAQs on 27.12.2017 by Govt Twitter account GST to be charged @ 0.10%  to merchant exporters  as per Notification No 40/2017 central Tax (Rates)   & Notification No 41/2017 Integrated Tax (Rates)  However Option not available in GST returns to show these sales . In GSTR 3B it has to be shown in Table 3.1 row (a) Outward supplies (other… Read More »

Section 55 of Mizoram GST Act 2017 : Refund in certain cases

By | December 28, 2017

Section 55 of Mizoram GST Act 2017 ( Section 55 of  Mizoram GST Act 2017 explains Refund in certain cases and is covered in Chapter XI : REFUNDS ) Refund in certain cases 55. The Government may, on the recommendations of the Council, by notification, specify any specialized agency of the United Nations Organization or any Multilateral Financial Institution and… Read More »

Section 53 of Mizoram GST Act 2017 : Transfer of input tax credit

By | December 28, 2017

Section 53 of Mizoram GST Act 2017 ( Section 53 of  Mizoram GST Act 2017 explains Transfer of input tax credit and is covered in Chapter X : PAYMENT OF TAX ) Transfer of input tax credit 53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated Goods and Services Tax… Read More »

Section 52 of Mizoram GST Act 2017 : Collection of tax at source

By | December 28, 2017

Section 52 of Mizoram GST Act 2017 ( Section 52 of  Mizoram GST Act 2017 explains Collection of tax at source and is covered in Chapter X : PAYMENT OF TAX ) Collection of tax at source 52. (1) Notwithstanding anything to the contrary contained in this Act, every electronic commerce operator (hereafter in this section referred to as the… Read More »

Section 51 of Mizoram GST Act 2017 : Tax deduction at source

By | December 28, 2017

Section 51 of Mizoram GST Act 2017 ( Section 51 of  Mizoram GST Act 2017 explains Tax deduction at source and is covered in Chapter X : PAYMENT OF TAX )  Tax deduction at source 51. (1) Notwithstanding anything to the contrary contained in this Act, the Government may mandate,- (a) a department or establishment of the Central Government or… Read More »

Section 50 of Mizoram GST Act 2017 : Interest on delayed payment of tax

By | December 28, 2017

Section 50 of Mizoram GST Act 2017 ( Section 50 of  Mizoram GST Act 2017 explains Interest on delayed payment of tax and is covered in Chapter X : PAYMENT OF TAX ) Interest on delayed payment of tax 50. (1) Every person who is liable to pay tax in accordance with the provisions of this Act or the rules… Read More »

Section 49 of Mizoram GST Act 2017 : Payment of tax, interest, penalty and other amounts

By | December 28, 2017

Section 49 of Mizoram GST Act 2017 ( Section 49 of  Mizoram GST Act 2017 explains Payment of tax, interest, penalty and other amounts and is covered in Chapter X : PAYMENT OF TAX ) Payment of tax, interest, penalty and other amounts 49. (1) Every deposit made towards tax, interest, penalty, fee or any other amount by a person… Read More »

Section 48 of Mizoram GST Act 2017 : Goods and services tax practitioners

By | December 28, 2017

Section 48 of Mizoram GST Act 2017 ( Section 48 of  Mizoram GST Act 2017 explains Goods and services tax practitioners and is covered in Chapter IX : RETURNS ) Goods and services tax practitioners 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant… Read More »

Section 46 of Mizoram GST Act 2017 : Notice to return defaulters

By | December 28, 2017

Section 46 of Mizoram GST Act 2017 ( Section 46 of  Mizoram GST Act 2017 explains Notice to return defaulters and is covered in Chapter IX : RETURNS ) Notice to return defaulters 46. Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be issued requiring him to… Read More »

Section 45 of Mizoram GST Act 2017 : Final return

By | December 28, 2017

Section 45 of Mizoram GST Act 2017 ( Section 45 of  Mizoram GST Act 2017 explains Final return and is covered in Chapter IX : RETURNS ) Final return 45. Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled shall furnish a final return within three months… Read More »

Section 44 of Mizoram GST Act 2017 : Annual return

By | December 28, 2017

Section 44 of Mizoram GST Act 2017 ( Section 44 of  Mizoram GST Act 2017 explains Annual return and is covered in Chapter IX : RETURNS ) Annual return 44. (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall… Read More »

Section 43 of Mizoram GST Act 2017 : Matching, reversal and reclaim of reduction in output tax liability

By | December 28, 2017

Section 43 of Mizoram GST Act 2017 ( Section 43 of  Mizoram GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability and is covered in Chapter IX : RETURNS ) Matching, reversal and reclaim of reduction in output tax liability 43. (1) The details of every credit note relating to outward supply furnished by a… Read More »

Section 42 of Mizoram GST Act 2017 : Matching, reversal and reclaim of input tax credit

By | December 28, 2017

Section 42 of Mizoram GST Act 2017 ( Section 42 of  Mizoram GST Act 2017 explains Matching, reversal and reclaim of input tax credit and is covered in Chapter IX : RETURNS ) Matching, reversal and reclaim of input tax credit 42. (1) The details of every inward supply furnished by a registered person (hereafter in this section referred to… Read More »

Section 41 of Mizoram GST Act 2017 : Claim of input tax credit and provisional acceptance thereof

By | December 28, 2017

Section 41 of Mizoram GST Act 2017 ( Section 41 of  Mizoram GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof and is covered in Chapter IX : RETURNS ) Claim of input tax credit and provisional acceptance thereof 41. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed, be… Read More »

Section 40 of Mizoram GST Act 2017 : First return

By | December 28, 2017

Section 40 of Mizoram GST Act 2017 ( Section 40 of  Mizoram GST Act 2017 explains First return and is covered in Chapter IX : RETURNS ) First return 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted… Read More »

Section 39 of Mizoram GST Act 2017 : Furnishing of returns

By | December 28, 2017

Section 39 of Mizoram GST Act 2017 ( Section 39 of  Mizoram GST Act 2017 explains Furnishing of returns and is covered in Chapter IX : RETURNS ) Furnishing of returns 39. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10 or section… Read More »

Section 38 of Mizoram GST Act 2017 : Furnishing details of inward supplies

By | December 28, 2017

Section 38 of Mizoram GST Act 2017 ( Section 38 of  Mizoram GST Act 2017 explains Furnishing details of inward supplies and is covered in Chapter IX : RETURNS ) Furnishing details of inward supplies 38. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of… Read More »

Section 37 of Mizoram GST Act 2017 : Furnishing details of outward supplies

By | December 28, 2017

Section 37 of Mizoram GST Act 2017 ( Section 37 of  Mizoram GST Act 2017 explains Furnishing details of outward supplies and is covered in Chapter IX : RETURNS ) Furnishing details of outward supplies 37. (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section… Read More »

Section 36 of Mizoram GST Act 2017 : Period of retention of accounts

By | December 28, 2017

Section 36 of Mizoram GST Act 2017 ( Section 36 of  Mizoram GST Act 2017 explains Period of retention of accounts and is covered in Chapter VIII : ACCOUNTS AND RECORDS ) Period of retention of accounts 36. Every registered person required to keep and maintain books of account or other records in accordance with the provisions of sub-section (1)… Read More »

Section 35 of Mizoram GST Act 2017 : Accounts and other records

By | December 28, 2017

Section 35 of Mizoram GST Act 2017 ( Section 35 of  Mizoram 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… Read More »

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

By | December 28, 2017

Section 33 of Mizoram GST Act 2017 ( Section 33 of  Mizoram 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… Read More »

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

By | December 28, 2017

Section 32 of Mizoram GST Act 2017 ( Section 32 of  Mizoram 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… Read More »

Section 30 of Mizoram GST Act 2017 : Revocation of cancellation of registration

By | December 28, 2017

Section 30 of Mizoram GST Act 2017 ( Section 30 of  Mizoram 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,… Read More »

Section 29 of Mizoram GST Act 2017 : Cancellation of registration

By | December 28, 2017

Section 29 of Mizoram GST Act 2017 ( Section 29 of  Mizoram 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… Read More »

Section 28 of Mizoram GST Act 2017 : Amendment of registration

By | December 28, 2017

Section 28 of Mizoram GST Act 2017 ( Section 28 of  Mizoram 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… Read More »

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

By | December 28, 2017

Section 27 of Mizoram GST Act 2017 ( Section 27 of  Mizoram 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… Read More »

Section 26 of Mizoram GST Act 2017 : Deemed registration

By | December 28, 2017

Section 26 of Mizoram GST Act 2017 ( Section 26 of  Mizoram 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… Read More »

How to File GST Refund Manually in India : Steps

By | December 28, 2017

Steps for Filing GST Refund Manually in India GST Refunds has been enabled vide inserting rule 97A in CGST Rules 2017 vide Notfn No. 55/2017 CT dt 15.11.2017. The following types of GST Refunds are covered under manual filing viz., GST Refund of Excess balance in electronic cash ledger, Export of services with payment of tax, Accumulated… Read More »

Category: GST

Section 25 of Mizoram GST Act 2017 : Procedure for registration

By | December 28, 2017

Section 25 of Mizoram GST Act 2017 ( Section 25 of  Mizoram 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 front the date on which… Read More »

Revised Income Tax Return & Rectification : Answer to Common Questions

By | December 28, 2017

Revised Income Tax Return & Rectification 1. Can I make rectification or other correspondence with CPC in paper form? Answer: No. 2. What CPC reference number should I enter while filing Rectification request? Answer: You need to enter the Communication Reference Number as per the latest order/intimation received from CPC u/s 143(1) OR 154. 3. I am… Read More »

How to change personal details in Income Tax Return after upload

By | December 28, 2017

How to change wrong personal details filled in income tax return. For wrong personal details (i.e. Bank Account, Address, Mobile number and e-mail id) filled inadvertently in the ITR, there is no need to revised the return. Income Tax E-filing website has added a new feature to correct such wrong details. However, such Any update/change can be made… Read More »