Daily Archives: January 27, 2018

Section 142 of Nagaland GST Act 2017 : Miscellaneous transitional provisions.

By | January 27, 2018

Section 142 of Nagaland GST Act 2017 ( Section 142 of Nagaland 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 the appointed day,… Read More »

Section 141 of Nagaland GST Act 2017 : Transitional provisions relating to job work.

By | January 27, 2018

Section 141 of Nagaland GST Act 2017 ( Section 141 of Nagaland 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 worker for further processing, testing,… Read More »

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

By | January 27, 2018

Section 140 of Nagaland GST Act 2017 ( Section 140 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 139 of Nagaland GST Act 2017 ( Section 139 of Nagaland 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… Read More »

Section 138 of Nagaland GST Act 2017 : Compounding of offences.

By | January 27, 2018

Section 138 of Nagaland GST Act 2017 ( Section 138 of Nagaland 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… Read More »

Section 137 of Nagaland GST Act 2017 : Offences by Companies.

By | January 27, 2018

Section 137 of Nagaland GST Act 2017 ( Section 137 of Nagaland 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 d was responsible to, the company for the conduct of business of the… Read More »

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

By | January 27, 2018

Section 136 of Nagaland GST Act 2017 ( Section 136 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 135 of Nagaland GST Act 2017 ( Section 135 of Nagaland 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… Read More »

Section 134 of Nagaland GST Act 2017 : Cognizance of offences.

By | January 27, 2018

Section 134 of Nagaland GST Act 2017 ( Section 134 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 133 of Nagaland GST Act 2017 ( Section 133 of Nagaland 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 computerization thereof… Read More »

 Section 132 of Nagaland GST Act 2017 : Punishment for certain offences

By | January 27, 2018

Section 132 of Nagaland GST Act 2017 ( Section 132 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 131 of Nagaland GST Act 2017 ( Section 131 of Nagaland 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 (2 of 1974),… Read More »

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

By | January 27, 2018

Section 130 of Nagaland GST Act 2017 ( Section 130 of Nagaland 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… Read More »

Section 129 of Nagaland GST Act 2017 : Detention, seizure and release of goods and conveyances

By | January 27, 2018

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

Section 128 of Nagaland GST Act 2017 : Power to waive penalty or fee or both

By | January 27, 2018

Section 128 of Nagaland GST Act 2017 ( Section 128 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 127 of Nagaland GST Act 2017 ( Section 127 of Nagaland 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… Read More »

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

By | January 27, 2018

Section 126 of Nagaland GST Act 2017 ( Section 126 of Nagaland 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… Read More »

Section 125 of Nagaland GST Act 2017 : General penalty

By | January 27, 2018

Section 125 of Nagaland GST Act 2017 ( Section 125 of Nagaland GST Act 2017 explains General penalty  and is covered in CHAPTER XIX: OFFENCES AND PENALTIES ) General penalty 125. Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act, shall be liable… Read More »

Section 124 of Nagaland GST Act 2017 : Fine for failure to furnish statistics.

By | January 27, 2018

Section 124 of Nagaland GST Act 2017 ( Section 124 of Nagaland GST Act 2017 explains Fine for failure to furnish statistics  and is covered in CHAPTER XIX: OFFENCES AND PENALTIES ) Fine for failure to furnish statistics. 124. If any person required to furnish any information or return under section 151,— (a) without reasonable cause fails to furnish such information… Read More »

Section 123 of Nagaland GST Act 2017 : Penalty for failure to furnish information return.

By | January 27, 2018

Section 123 of Nagaland GST Act 2017 ( Section 123 of Nagaland GST Act 2017 explains Penalty for failure to furnish information return  and is covered in CHAPTER XIX: OFFENCES AND PENALTIES ) Penalty for failure to furnish information return. 123. If a person who is required to furnish an information return under section 150 fails to do so within the… Read More »

Section 122 of Nagaland GST Act 2017 : Penalty for certain offences.

By | January 27, 2018

Section 122 of Nagaland GST Act 2017 ( Section 122 of Nagaland GST Act 2017 explains Penalty for certain offences  and is covered in CHAPTER XIX: OFFENCES AND PENALTIES ) Penalty for certain offences. 122. (1) Where a taxable person who–– (i) supplies any goods or services or both without issue of any invoice or issues an incorrect or false invoice… Read More »

Section 121 of Nagaland GST Act 2017 : Non appealable decisions and orders.

By | January 27, 2018

Section 121 of Nagaland GST Act 2017 ( Section 121 of Nagaland GST Act 2017 explains Non appealable decisions and orders  and is covered in CHAPTER XVIII: APPEALS AND REVISION ) Non appealable decisions and orders. 121. Notwithstanding anything to the contrary in any provisions of this Act, no appeal shall lie against any decision taken or order passed by an… Read More »

Section 120 of Nagaland GST Act 2017 : Appeal not to be filed in certain cases.

By | January 27, 2018

Section 120 of Nagaland GST Act 2017 ( Section 120 of Nagaland GST Act 2017 explains  Appeal not to be filed in certain cases  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appeal not to be filed in certain cases. 120. (1) The Commissioner may, on the recommendations of the Council, from time to time, issue orders or instructions… Read More »

Section 119 of Nagaland GST Act 2017 : Sums due to be paid notwithstanding appeal etc.

By | January 27, 2018

Section 119 of Nagaland GST Act 2017 ( Section 119 of Nagaland GST Act 2017 explains  Sums due to be paid notwithstanding appeal etc  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Sums due to be paid notwithstanding appeal etc. 119. Notwithstanding that an appeal has been preferred to the High Court or the Supreme Court, sums due to… Read More »

 Section 118 of Nagaland GST Act 2017 : Appeal to Supreme Court.

By | January 27, 2018

Section 118 of Nagaland GST Act 2017 ( Section 118 of Nagaland GST Act 2017 explains  Appeal to Supreme Court  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appeal to Supreme Court. 118. (1) An appeal shall lie to the Supreme Court- (a) from any order passed by the National Bench or Regional Benches of the Appellate Tribunal; or… Read More »

Section 117 of Nagaland GST Act 2017 : Appeal to High Court.

By | January 27, 2018

Section 117 of Nagaland GST Act 2017 ( Section 117 of Nagaland GST Act 2017 explains Appeal to High Court  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appeal to High Court. 117. (1) Any person aggrieved by any order passed by the State Bench or Area Benches of the Appellate Tribunal may file an appeal to the High… Read More »

Section 116 of Nagaland GST Act 2017 : Appearance by authorised representative

By | January 27, 2018

Section 116 of Nagaland GST Act 2017 ( Section 116 of Nagaland GST Act 2017 explains Appearance by authorised representative  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appearance by authorised representative 116. (1) Any person who is entitled or required to appear before an officer appointed under this Act, or the Appellate Authority or the Appellate Tribunal in… Read More »

Section 115 of Nagaland GST Act 2017 : Interest on refund of amount paid for admission of appeal.

By | January 27, 2018

Section 115 of Nagaland GST Act 2017 ( Section 115 of Nagaland GST Act 2017 explains Interest on refund of amount paid for admission of appeal  and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Interest on refund of amount paid for admission of appeal. 115. Where an amount paid by the appellant under sub-section (6) of section 107 or… Read More »

Section 114 of Nagaland GST Act 2017 : Financial and administrative powers of State President .

By | January 27, 2018

Section 114 of Nagaland GST Act 2017 ( Section 114 of Nagaland GST Act 2017 explains Financial and administrative powers of State President  and is covered in CHAPTER XVIII: APPEALS AND REVISION ) Financial and administrative powers of State President . 114 . The State President shall exercise such financial and powers over the State Bench and Area Benches of administrative the… Read More »

Section 113 of Nagaland GST Act 2017 : Orders of Appellate Tribunal .

By | January 27, 2018

Section 113 of Nagaland GST Act 2017 ( Section 113 of Nagaland GST Act 2017 explains Orders of Appellate Tribunal and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Orders of Appellate Tribunal . 113. (1) The Appellate Tribunal may, after giving the parties to the appeal an opportunity of being heard, pass such orders thereon as it thinks fit, confirming,… Read More »

Section 112 of Nagaland GST Act 2017 : Appeals to Appellate Tribunal.

By | January 27, 2018

Section 112 of Nagaland GST Act 2017 ( Section 112 of Nagaland GST Act 2017 explains  Appeals to Appellate Tribunal and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appeals to Appellate Tribunal. 112. (1) Any person aggrieved by an order passed against him under section 107 or section 108 of this Act or the Central Goods and Services Tax Act may… Read More »

Section 111 of Nagaland GST Act 2017 : Procedure before Appellate Tribunal.

By | January 27, 2018

Section 111 of Nagaland GST Act 2017 ( Section 111 of Nagaland GST Act 2017 explains Procedure before Appellate Tribunal and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Procedure before Appellate Tribunal. 111. (1) The Appellate Tribunal shall not, while disposing of any proceedings before it or an appeal before it, be bound by the procedure laid down in… Read More »

Section 110 of Nagaland GST Act 2017 : President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc.

By | January 27, 2018

Section 110 of Nagaland GST Act 2017 ( Section 110 of Nagaland GST Act 2017 explains  President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc and is covered in CHAPTER XVIII: APPEALS AND REVISION )  President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc. 110. The qualifications, appointment, salary and allowances, terms of… Read More »

Section 109 of Nagaland GST Act 2017 : Appellate Tribunal and Benches thereof.

By | January 27, 2018

Section 109 of Nagaland GST Act 2017 ( Section 109 of Nagaland GST Act 2017 explains Appellate Tribunal and Benches thereof and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Appellate Tribunal and Benches thereof. 109. (1) Subject to the provisions of this Chapter, the Goods and Services Tax Tribunal constituted under the Central Goods and Services Tax Act shall… Read More »

Section 108 of Nagaland GST Act 2017 : Powers of Revisional Authority.

By | January 27, 2018

Section 108 of Nagaland GST Act 2017 ( Section 108 of Nagaland GST Act 2017 explains Powers of Revisional Authority and is covered in CHAPTER XVIII: APPEALS AND REVISION )  Powers of Revisional Authority. 108. (1) Subject to the provisions of section 121 and any rules made thereunder, the Revisional Authority may, on his own motion, or upon information received by… Read More »

Section 107 of Nagaland GST Act 2017 : Appeals to Appellate Authority.

By | January 27, 2018

Section 107 of Nagaland GST Act 2017 ( Section 107 of Nagaland GST Act 2017 explains Appeals to Appellate Authority and is covered in CHAPTER XVIII: APPEALS AND REVISION ) Appeals to Appellate Authority. 107. (1) Any person aggrieved by any decision or order passed under this Act or the Central Goods and Services Tax Act by an adjudicating authority may appeal to… Read More »

Section 106 of Nagaland GST Act 2017 : Procedure of Authority and Appellate Authority.

By | January 27, 2018

Section 106 of Nagaland GST Act 2017 ( Section 106 of Nagaland GST Act 2017 explains Procedure of Authority and Appellate Authority and is covered in CHAPTER XVII: ADVANCE RULING )  Procedure of Authority and Appellate Authority. 106. The Authority or the Appellate Authority shall, subject to the provisions of this Chapter, have power to regulate its own procedure. Nagaland GST… Read More »

Section 105 of Nagaland GST Act 2017 : Powers of Authority and Appellate Authority.

By | January 27, 2018

Section 105 of Nagaland GST Act 2017 ( Section 105 of Nagaland GST Act 2017 explains Powers of Authority and Appellate Authority and is covered in CHAPTER XVII: ADVANCE RULING ) Powers of Authority and Appellate Authority. 105. (1) The Authority or the Appellate Authority shall (5 of 1908), for the purpose of exercising its powers regarding – (a) discovery and… Read More »

Section 104 of Nagaland GST Act 2017 : Advance ruling to be void in certain circumstances.

By | January 27, 2018

Section 104 of Nagaland GST Act 2017 ( Section 104 of Nagaland GST Act 2017 explains Advance ruling to be void in certain circumstances and is covered in CHAPTER XVII: ADVANCE RULING ) Advance ruling to be void in certain circumstances. 104. (1) Where the Authority or the Appellate Authority finds that advance ruling pronounced by it under sub-section (4) of… Read More »

Section 103 of Nagaland GST Act 2017 : Applicability of advance ruling.

By | January 27, 2018

Section 103 of Nagaland GST Act 2017 ( Section 103 of Nagaland GST Act 2017 explains Applicability of advance ruling and is covered in CHAPTER XVII: ADVANCE RULING ) Applicability of advance ruling. 103. (1) The advance ruling pronounced by the Authority or the Appellate Authority under this Chapter shall be binding only – (a) on the applicant who had sought… Read More »

Section 102 of Nagaland GST Act 2017 : Rectification of advance ruling.

By | January 27, 2018

Section 102 of Nagaland GST Act 2017 ( Section 102 of Nagaland GST Act 2017 explains Rectification of advance ruling and is covered in CHAPTER XVII: ADVANCE RULING ) Rectification of advance ruling. 102. The Authority or the Appellate Authority may amend any order passed by it under section 98 or section 101, so as to rectify any error apparent on… Read More »

Section 101 of Nagaland GST Act 2017 : Orders of Appellate Authority.

By | January 27, 2018

Section 101 of Nagaland GST Act 2017 ( Section 101 of Nagaland GST Act 2017 explains Orders of Appellate Authority and is covered in CHAPTER XVII: ADVANCE RULING )  Orders of Appellate Authority. 101. (1) The Appellate Authority may, after giving the parties to the appeal or reference an opportunity of being heard, pass such order as it thinks fit, confirming… Read More »

Budget Glossary

By | January 27, 2018

Ministry of Finance  Budget Glossary containing certain frequently used economic and financial terms in the General Budget. Posted On: 26 JAN 2018 1:54PM by PIB Delhi Please find attached here with a ‘Budget Glossary’ containing certain frequently used economic and financial terms in the General Budget.