| Notifications/Circulars |
Category : GST |
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CBIC clarify issues in respect of transfer of input tax credit in case of death of sole proprietor
Posted Date : 28-Mar-2019 , 09:45:55 pm | Posted By: CASANSAAR
Doubts have been raised whether sub-section (3) of section 18 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as „CGST Act‟) provides for transfer of input tax credit which remains unutilized to the transferee in case of death of the sole proprietor. As per sub-rule (1) of rule 41 of the Central Goods and Services Rules, 2017 (hereinafter referred to as „CGST Rules‟), the registered person (transferor of business) can file FORM GST ITC-02 electronically o...
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CBIC Clarify certain refund related issues under GST
Posted Date : 28-Mar-2019 , 09:41:01 pm | Posted By: CASANSAAR
Various representations have been received seeking clarifications on certain issues relating to refund. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”), hereby clarifies the issues as detailed hereunder:...
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IGST & compensation cess exemption to EOUs on imports till 31.03.2020
Posted Date : 27-Mar-2019 , 08:27:09 am | Posted By: CASANSAAR
G.S.R. (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 52/2003-Customs, dated the 31st March, 2003, published in the Gazette of India, Extraordinary, vide number G.S.R. 274 (E), dated th...
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Exemption from IGST & Compensation Cess upto 31.03.2020
Posted Date : 27-Mar-2019 , 08:25:50 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, in the manner as specified in the corresponding entry in column (3) of the said Tabl...
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GST |
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CBIC revises format of Shipping Bill for Export of Goods
Posted Date : 27-Mar-2019 , 08:22:40 am | Posted By: CASANSAAR
G.S.R……(E).- In exercise of the powers conferred by section 157 read with sections 50 and 60 of the Customs Act, 1962 (52 of 1962), the Board hereby makes the following regulations to amend the Shipping Bill and Bill of Exports (Forms) Regulations, 2017, namely :-
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GST |
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Circular clarifying various doubts related to treatment of sales promotion scheme under GST
Posted Date : 08-Mar-2019 , 08:55:07 am | Posted By: CASANSAAR
Various representations have been received seeking clarification on issues raised with respect to tax treatment of sales promotion schemes under GST. To ensure uniformity in the implementation of the law across the field formations, the Board, in exercise of its powers conferred under section 168(1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “the said Act”) hereby clarifies the issues in succeeding paragraphs....
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GST composition scheme limit enhanced to Rs.1.5 Cr w.e.f. 01-04-2019
Posted Date : 08-Mar-2019 , 08:53:00 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred under the proviso to sub-section (1) of section 10 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act),and in supersession of the notification no 8/2017- Central Tax, dated the 27th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 647 (E), dated the 27th June, 2017, except as things done or omitted to be done before such superses...
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GST |
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CBIC notifies due date for monthly GSTR-1 for April 19 to June 19
Posted Date : 08-Mar-2019 , 08:43:58 am | Posted By: CASANSAAR
G.S.R......(E). - In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Commissioner, on the recommendations of the Council, hereby extends the time limit for furnishing the details of outward supplies in FORM GSTR-1 under the Central Goods and Services Tax Rules, 2017, by such class of registered persons having ...
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CBIC notifies due date for quarterly GSTR-1 for April 19 - June 19
Posted Date : 08-Mar-2019 , 08:42:28 am | Posted By: CASANSAAR
G.S.R......(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies the registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons, who shall follow the special procedure as mentione...
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GST |
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GST Registration Exemption up to 40 lakh w.e.f. 01-04-19
Posted Date : 08-Mar-2019 , 08:40:46 am | Posted By: CASANSAAR
G.S.R (E).- In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter referred to as the “said Act”), the Central Government, on the recommendations of the Council, hereby specifies the following category of persons, as the category of persons exempt from obtaining registration under the said Act, namely,-...
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Optional 6% UTGST Tax for First 50 lakh w.e.f. 01-04-2019
Posted Date : 08-Mar-2019 , 08:39:19 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 9, subsection (1) of section 11, sub-section (1) of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (herein after referred to as the “said Act”), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby notifies that the central tax, on the intra-State supply of goods or services or both as...
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GST |
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UTGST Registration Exemption up to 40 lakh w.e.f. 01-04-19
Posted Date : 08-Mar-2019 , 08:36:39 am | Posted By: CASANSAAR
G.S.R (E).- In exercise of the powers conferred by clause (vi) of section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter referred to as the “said Act”), the Central Government, on the recommendations of the Council, hereby specifies the following category of persons, as the category of persons exempt from obtaining registration under the said Act, ...
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Optional 6% UTGST Tax for First 50 lakh w.e.f. 01-04-2019
Posted Date : 08-Mar-2019 , 08:35:19 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 7, subsection (1) of section 8, clause (v) of section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-section (1) of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (herein after referred to as the “said Act”), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest s...
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Press Release on Working Groups in GST
Posted Date : 25-Feb-2019 , 06:17:29 pm | Posted By: Inderjeet
Press Release on Working Groups in GST...
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GST |
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Clarification regarding tax payment made for supply of warehoused goods
Posted Date : 25-Feb-2019 , 05:55:54 pm | Posted By: Inderjeet
Clarification regarding tax payment made for supply of warehoused goods while being deposited in a customs bonded warehouse for the period July, 2017 to March, 2018 – Reg...
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Due Date Extension - GSTR 3B for the Month of Jan 2019
Posted Date : 21-Feb-2019 , 06:58:40 pm | Posted By: Inderjeet
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GST on supply of warehoused goods while being deposited in a customs bonded
Posted Date : 19-Feb-2019 , 08:28:28 am | Posted By: CASANSAAR
Attention is invited to Circular No. 3/1/2018-IGST dated 25.05.2018 whereby applicability of integrated tax on goods transferred/sold while being deposited in a warehouse (hereinafter referred to as the “warehoused goods”) was clarified. In the said circular, it was enunciated that from 1st of April, 2018 the supply of warehoused goods before their clearance from the warehouse would not be subject to the levy of integrated tax....
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Mentioning of place of supply with State in GST invoice is must in case of inter state supply
Posted Date : 19-Feb-2019 , 08:27:10 am | Posted By: CASANSAAR
A registered person supplying taxable goods or services or both is required to issue a tax invoice as per the provisions contained in section 31 of the Central Goods and Services Tax Act, 2017 (CGST Act for short). Rule 46 of the Central Goods and Services Tax Rules, 2017 (CGST Rules for short) specifies the particulars which are required to be mentioned in a tax invoice....
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Reporting of Inter-State supplies to unregistered persons in Form GSTR 3B and Form GSTR 1
Posted Date : 19-Feb-2019 , 08:25:47 am | Posted By: CASANSAAR
A registered supplier is required to mention the details of inter -State supplies made to unregistered persons, composition taxable persons and UIN holders in Table 3.2 of FORM GSTR-3B. Further, the details of all inter-State supplies made to unregistered persons where the invoice value is up to Rs 2.5 lakhs (rate-wise) are required to be reported in Table 7B of FORM GSTR-1....
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GST (Compensation to States) Amendment Act, 2018 we.f. 01.02.2019
Posted Date : 30-Jan-2019 , 10:42:40 am | Posted By: CASANSAAR
G.S.R. …… (E). - In exercise of the powers conferred by sub-section (2) of section 1 of the Goods and Services Tax (Compensation to States) Amendment Act, 2018 (34 of 2018), the Central Government hereby appoints the 1st day of February, 2019 as the date on which the provisions of the Goods and Services Tax (Compensation to States) Amendment Act, 2018 (34 of 2018) shall come into force...
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RCM under CGST on procurement from unregistered dealers withdrawn
Posted Date : 30-Jan-2019 , 10:31:32 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 8/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, v...
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RCM under IGST on procurement from unregistered dealers withdrawn
Posted Date : 30-Jan-2019 , 10:29:31 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 32/2017-Integrated Tax (Rate), dated the 13th October, 2017, published in the Gazette of India, Extraor...
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RCM under UTGST on procurement from unregistered dealers withdrawn
Posted Date : 30-Jan-2019 , 10:27:50 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 8 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 8/2017- Union Territory Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, ...
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UTGST (Amendment) Act, 2018 applicable ef 1st February 2019
Posted Date : 30-Jan-2019 , 10:26:41 am | Posted By: CASANSAAR
G.S.R. …… (E). - In exercise of the powers conferred by sub-section (2) of section 1 of the Union Territory Goods and Services Tax (Amendment) Act, 2018 (33 of 2018), the Central Government hereby appoints the 1st day of February, 2019 as the date on which the provisions of the Union Territory Goods and Services Tax (Amendment) Act, 2018 (33 of 2018) shall come into force....
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IGST Registration provision amended to align special category States
Posted Date : 30-Jan-2019 , 10:20:50 am | Posted By: CASANSAAR
G.S.R…. (E).— In exercise of the powers conferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 10/2017-Integrated Tax, dated the 13th October, 2017, ...
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GST Registration of Jewellery, goldsmiths & silversmiths
Posted Date : 30-Jan-2019 , 10:19:29 am | Posted By: CASANSAAR
G.S.R…. (E).— In exercise of the powers conferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.7/2017- Integrated Tax, dated the 14th September, 2017, ...
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IGST (Amendment) Act, 2018 applicable wef 1st February 2019
Posted Date : 30-Jan-2019 , 10:18:07 am | Posted By: CASANSAAR
G.S.R. …..(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Integrated Goods and Services Tax (Amendment) Act, 2018 (32 of 2018), the Central Government hereby appoints the 1st day of February, 2019 as the date on which the provisions of the Integrated Goods and Services Tax (Amendment) Act, 2018 (32 of 2018) shall come into force....
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CGST Registration provision amended to align Special Category States
Posted Date : 30-Jan-2019 , 10:16:04 am | Posted By: CASANSAAR
G.S.R. (E).— In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 65/2017-Central Tax, dated the 15th November, 2017, published in the Gazette of India, Extraordinary, vide number G.S.R. 1421 (E), dated the 15th N...
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CBIC aligns rates for Composition Scheme with CGST Rules 2017
Posted Date : 30-Jan-2019 , 10:15:01 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 10 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.8/2017 - Central Tax, dated the 27th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide numbe...
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CBIC defines jurisdiction of Jt Commissioner (Appeals) under GST
Posted Date : 30-Jan-2019 , 10:13:34 am | Posted By: CASANSAAR
G.S.R (E).- In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and section 3 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Board of Indirect Taxes and Customs, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.2/2017- Central Tax, dated the 19th June, 2017, published in the Gazette of India, Extraor...
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