Daily Archives: August 27, 2017

Section 25 Jammu & Kashmir GST Act 2017 : Procedure for registration

By | August 27, 2017

Section 25 Jammu & Kashmir GST Act 2017 ( Section 25 Jammu & Kashmir 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… Read More »

Section 24 Jammu & Kashmir GST Act 2017 : Compulsory registration in certain cases .

By | August 27, 2017

Section 24 Jammu & Kashmir GST Act 2017 ( Section 24 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Persons not liable for registration.

By | August 27, 2017

Section 23 Jammu & Kashmir GST Act 2017 ( Section 23 Jammu & Kashmir 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… Read More »

Section 22 Jammu & Kashmir GST Act 2017 : Persons liable for registration

By | August 27, 2017

Section 22 Jammu & Kashmir GST Act 2017 ( Section 22 Jammu & Kashmir GST Act 2017 explains Manner of recovery of credit distributed in excess 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… Read More »

Section 21 Jammu & Kashmir GST Act 2017 : Manner of recovery of credit distributed in excess.

By | August 27, 2017

Section 21 Jammu & Kashmir GST Act 2017 ( Section 21 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Manner of distribution of credit by Input Service Distributor.

By | August 27, 2017

Section 20 Jammu & Kashmir GST Act 2017 ( Section 20 Jammu & Kashmir 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   )  Manner of distribution of credit by Input Service Distributor. 20. (1) The Input Service Distributor shall distribute the… Read More »

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

By | August 27, 2017

Section 19 Jammu & Kashmir GST Act 2017 ( Section 19 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Availability of credit in special circumstances.

By | August 27, 2017

Section 18 Jammu & Kashmir GST Act 2017 ( Section 18 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Apportionment of credit and blocked credits.

By | August 27, 2017

Section 17 Jammu & Kashmir GST Act 2017 ( Section 17 Jammu & Kashmir 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 Jammu & Kashmir GST Act 2017 : Eligibility and conditions for taking input tax credit.

By | August 27, 2017

Section 16 Jammu & Kashmir GST Act 2017 ( Section 16 Jammu & Kashmir GST Act 2017 explains Value of taxable supply 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 specified… Read More »