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Chapter III- LEVY OF, AND EXEMPTION FROM TAX

SECTION 8 (1) LEVY OF CGST

ALL INTRA STATE SUPPLIES OF GOODS OR/AND SERVICES
VALUE ******* As per Section 15

CGST ***** At Notified Rate
(With recommedation of council)

(2) WHO WILL PAY

Every Taxable Person

(3) REVERSE CHARGE

Certain Supplies may be Notified on recommedation of council

SECTION 9 (1) COMPOSITION LEVY

May Permit with Terms and Conditions as may be
Proper Officer
(with recommendation of council)

NOTE: ALL TAXABLE PERSON UNDER ONE PAN SHALL HAVE TO APPLY

(2) Automatic withdrawn of permission if turnover exceeds 50 Lakh
(3) Such tax shall be paid from his own pocket and he shall also not be entitled for cr
(4)
Have reason to believe that
Proper Officer

SECTION 10 TAXABLE PERSON

(1) Registered or Liable to be Registered under Schedule V of This Act
(2) Each Registered person is a Taxable Person - (One person may have two registrat
(3) One Establishment registered or liable to be registered in one state and other est

SCHEDULE V: LIABLE TO BE REGISTERED

(1) REGISTERED WITH

Explanation 1 Aggregate Turnover includes supplies made on a
Explanation 1 Supply of goods after job work by a

(2) NOT LIABLE TO BE REGISTERED

(a) person engaged in 100 % Non taxable or Exempted Supplies
(b) an Agriculturist, for the purpose of agriculture

(3) Subject to Para 1, Registered person before appointed day, shall be liable to be

(4) BUSINESS OF REGISTERED TAXABLE PERSON
(Transferred to Any other Perso

(5) Scheme/ arrangment of Amalgamation/Demerger

HIGH COURT

(6)

DELHI Inter State Taxable Supply
(Registered
Taxable Person)
(Liable under Reverse Charge)
Supposing material transfer through GTA

Power to grant exemption from tax
SECTION 11 (1) Full exemption/ Part exemption with conditions/ without conditions from d
(General Exemption i.e exemption to all)

(2) SPECIFIC ORDER IN EXCEPTIONAL CIRCUMSTANCES

(3) Explanation to clarify Scope and Applicablity of general exemption or special orde

(4) All above notifications will be placed on official site of government

AX COLLECTION ICES As may be prescribed Max. 14% (4) SERVICES SUPPLIED THROUGH ELECTRONIC COMMERCE OPERATO Certain Services may be Notified on recommedation of council on which ELECTRONIC COMMERCE OPERATOR (ECO) Have a Physical Presence in Taxable Territory ECO WILL BE LIABLE TO PAY TAX d Conditions as may be prescribed Registered Taxable Person (Turnover in Previous FY is Upto 50 Lakh) Manufacturer Other Case * Prescribed Rate * Prescribed Rate (Minimum 2.5%) (Minimum 1%) ALL HAVE TO APPLY SIMULTANEOUSLY OTHERWISE NOT ALLOWED TO ANYONE o not be entitled for credit Registered Taxable Person WAS NOT ELIGIBLE under 9(1) then he will Pay .

V of This Act may have two registration in One state also) ne state and other establishment in other state is different person TO BE REGISTERED SPECIAL CATEGORY STATE/STATE SPECIFIED IN ARTICLE 279 CL IF AGGREGATE TURNOVER EXCEEDS 10 LAKH STATE FROM WHICH OTHER THAN SPECIAL CATEGORY OF STATES TAXABLE SUPPLIES ARE IF AGGREGATE TURNOVER EXCEEDS 25 LAKH MADE es supplies made on account of principle also work by a REGISTERED job worker shall not be treated as supply of job worker empted Supplies “agriculturist” means a person who cultivates land personally ay. shall be liable to be registered under this act from appointed day appointed day: on which S AS A GOING CONCERN From Date of Transfer he is liable red to Any other Person) High court sanction the scheme/ arrnagement From Date of ROC issues Certifica GH COURT (Required to collect TCS HARYANA (Person Supplying (under Section 8(4) he on behalf of Delhi) Suppose he is liable to deduct TDS CASUAL TAXABLE PERSON under section 46 (Person Supplying Through ECO who will deduct TCS) .

onditions from date of notification or subsequent date mentioned therein emption or special order can be included with in 1 year from date of notification .

fraud or any willful misstatement or suppression of fact .Other than fraud or any willful misstatement or suppre Section 67 Determination of Tax.C COMMERCE OPERATOR dation of council on which ECO will pay the tax CE OPERATOR (ECO) Does not have a Physical Presence in Taxable Territory * PERSON REPRESENTING ECO SHALL BE LIABLE TO PAY TAX * IF There is No representive. then ECO Shall Appoint a person to pay tax Except Supplier engaged in Supply of Services Supplier engaged in Supply of Exempted Goods Who Makes any Inter State Supply of Goods who makes supply of goods through ECO and ECO deducts TCS u/s 56 Manufacturer of Such goods as may be notified with recommendation of counc Normal Tax Penalty Section 66 Determination of Tax.

for the purpose of agriculture Section 2(8) ppointed day: on which Section 1 comes into force Section 2(10) PAST of Transfer he is liable to be registered FUTURE of ROC issues Certificate of Incorporation COMPLICATED FUTURE 13 BEIMAAN LOG Required to collect TCS under Section 56) Non Resident Person (Suppose Person Su ECO under Section 8(4) he is liable to pay tax on certain services) access or retrieval s who will deduct TCS) .CIFIED IN ARTICLE 279 CLAUSE 4g of CONSTITUTION DS 10 LAKH DS 25 LAKH PRESENT nd personally.

Input Service Distributer Other Notified Person with recommendation of council Recommendation of council .

mendation of council sstatement or suppression of facts or suppression of facts .

TED FUTURE Non Resident Person Suppose Person Supplying Database ccess or retrieval services to India) .

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TIME AND VALUE OF SUPPLY SECTION 12 TIME OF SUPPLY OF GOODS (1) GST liability on Goods shall arise at TIME OF SUPPLY (2) Time of Supply.Date of Receipt Earlier of the two (a) Date of entry in Books (b) Date of enty in bank Statement (3) Time of Supply.Chapter IV.Date of Payment Earlier of the two (a) Date of entry in Books of receipient (b) Date of enty in bank Statement (4) Time of Supply.Reverse Charge Earlier of the three (a) Date of Receipt of Goods (b) Date on which payment is made (c) Day after 30 days from issue of Invoice Provided if it is not possible to determine from above these 3 then Explanation 1 . Tim Explanation 1.Supply of Voucher If Supply is identifiable Date of issue of voucher (5) IF TIME OF SUPPLY IS NOT IDENTIFIABLE If Periodical return is to be filed .Supply shall be Deemed to be made upto the amount shown Explanation 2 .Normal Case Earlier of the two (a) Date of Invoice (b) Date of Receipt of Payment Provided if Supplier receives 1000 in excess of amount shown in Tax Invoice.

Date of Receipt Earlier of the two (a) Date of entry in Books (b) Date of enty in bank Statement (3) Time of Supply. Date on which such return is to be filed SECTION 13 TIME OF SUPPLY OF SERVICES (1) GST liability on Services shall arise at TIME OF SUPPLY (2) Time of Supply. Tim Explanation 1.Normal Case Earlier of the two (a) Date of Invoice (b) Date of Receipt of Payment Provided if Supplier receives 1000 in excess of amount shown in Tax Invoice.Supply of Voucher If Supply is identifiable .Reverse Charge Earlier of the two (a) Date on which payment is made (b) Day after 60 days from issue of Invoice Provided if it is not possible to determine from above these 2 then Time of Supply * Provided in case of Associated Enterprises Receipient of Service INDIA Earlier of the two (a) Date on which payment is made (b) Date of entry in books of account of receipient Explanation 1 .Supply shall be Deemed to be made upto the amount shown Explanation 2 .Date of Payment Earlier of the two (a) Date of entry in Books of receipient (b) Date of enty in bank Statement (4) Time of Supply.

Cesses. Earlier of Two Invoice Payment II. Date of issue of Invoice Invoice Payment III. Date of issue of voucher (5) IF TIME OF SUPPLY IS NOT IDENTIFIABLE If Periodical return is to be filed Date on which such return is to be filed SECTION 14 Change in rate of tax in respect of supply of goods or se BEFORE CHANGE IN TAX RATE I. if charg .e Price actually paid or payable (2) INCLUDES (a) Taxes. Duties. Date of Receipt of payment Payment Invoice VALUE OF TAXALBE SUPPLY SECTION 15 (1) TRANSACTION VALUE i. Fees and Charges under any other law.

(b) Amount which the supplier is liable to pay but in actulal recepient bea (C) Incidental Expenses charged by supplier for anything done by supplier (d) Interest or late fees or penalty charged by supplier for delay in payme (e) Subsidies linked to the price except when provided by CG/SG (3) Not Includes any Discount that is given (a) Before or at the time of supply (b) after the supply has been effected (4) if Value as per sub section 1 can not be determined then value shall be calculate (5) For Certain supplies as may be notified with recommendation of council. manner .

Time of supply may be choosen as Date of Invoice pto the amount shown in invoice or as the case may be amount received. Statement ent is made om issue of Invoice ese 3 then Time of Supply shall be date of entry in books of Receipient ks of receipient Statement Other Cases Date of Redemption of Voucher Other Cases . (If Invoice is not issued/late issued. then Last date on which he is required to issue Invoice as per s shown in Tax Invoice.

Time of supply may be choosen as Date of Invoice pto the amount shown in invoice or as the case may be amount received. then Last date on which he is required to issue Invoice as per s shown in Tax Invoice. Statement t is made issue of Invoice ese 2 then Time of Supply shall be date of entry in books of Receipient ted Enterprises Supplier of Services t is made of account of receipient of receipient Other Cases . when GST is paid (If Invoice is not issued/late issued.

Date of Invoice Conditions (a) Supplier and Recepient are not related Price is the sole consideration for supply er any other law. Date of receipt of pa III. Date of Redemption of Voucher Other Cases when GST is paid ply of goods or services(overriding section 12 and 13 both) SUPPLY OF GOODS AND OR SERVICES AFTER CHANGE IN TA I. Earlier of Two II. if charged seperately .

ut in actulal recepient beared the same anything done by supplier before or at the time of supply of goods or services upplier for delay in payment ovided by CG/SG Conditions (a) Such discount has been duly recorded in the invoice Conditions (a) Such discount is established through any agreement entered at (b) Input tax credit have been reversed by recipient of service n value shall be calculated in manner as may be prescribed dation of council. manner for valuation may be prescribed .

sue Invoice as per section 28)

sue Invoice as per section 28)

Only difference from Section 12

FTER CHANGE IN TAX RATE

arlier of Two
Invoice

Payment

ate of receipt of payment

Invoice Payment

ate of Invoice

Payment Invoice

eement entered at or before the supply and Specially linked to issued invoice ent of service .

if transfer to any other person on dir * Tax has been paid to Appropriate government * Furnished the Return under Section 34 Situation 1 IF Goods are received in installment or in lots Situation 2 Payment of Services and Tax by recipient of services After 3 Months from Date of Invoice .Chapter V.INPUT TAX CREDIT SECTION 16 ELIGIBILITY (1) Every Registered Taxable Person U INTENDED IN C CREDIT OF ('1) ('2) TELECOMMUNICATION PIPELINES TOWER (2) Condition to Avail credit * Subject to provision of Section 36 * Possession of Tax Invoice/Debit Note/ other prescr * he has received the Goods and or services (Deemed received.

(3) EITHER INCOME TAX CREDIT ON TAX PORTION OF CAPITAL GOODS OR DEPRE (4) FINANCIAL YEAR-FIRST INVOICE Debit Note on above Invoice SECTION 18 Availability of credit in special circumstances (1) Financial Year Liable to register Raw Material Pending W.I.P as on date Finished Goods (3) Financial Year CEASES TO BE A COMPOSITION DEALER .

ALLOWED IN CASE OF CHANGE IN C 7) REVERSAL OF CASE NO.P as on date Finished Goods (5) TIME LIMIT IN ABOVE CASES 1 YEAR FROM DATE OF INVOICE ONLY 6) TRANSFER OF INPUT TAX CREDIT.ALL CREDIT WILL BE PA 8) Manner of payment under situation 7 shall be as prescribed 10) CAPITAL GOODS PLANT AND MACHINERY INPUT TAX CREDIT TAKEN PROVIDED FURTHER that where refractory bricks. 3 AND 4 IS ALSO ALLOWED. (Means become liable to pay tax under sectio CAPITAL GOODS (Prescribed % on capita Raw Material Pending W. jigs and fi SECTION 19 Power to Recover wrongly taken input tax credit SECTION 20 Input Tax Credit in Respect of inputs send Who can avail Conditions 1) AND 4) Principal As may be prescribed (referred As per Section 55) 3) Deemed Sale to job worker IF Goods are not return as below Principal (referred As per Section 55) .I. moulds and dies.

(1) Inputs (2) Return of Inputs (after Jobwork or otherwise) (Within 1 year of being Send out) 6) Deemed Sale to job worker IF Goods are not return as below Principal (referred As per Section 55) (1) Capital Goods (2) Return of Capital Goods (Within 3 year of being Send out) SECTION 21 DISTRIBUTION OF CREDIT BY INPUT SERVI 1) Where Distributor and Receipient are located in Different States Who will Distribute Input Service Distributor 2) where the Distributor and the recipient of credit. being a business v Who will Distribute Input Service Distributor .

IF receipient is identifiable then Credit will be given only D. IF two or more receipient is identified Relevant Period IF Receipient has turnov Otherwise------------------- Receipient of Credit Supplier of Goods/ Serv having Same Pan as tha Turnover Taxable Supplies + Exem SECTION 22 EXCESS CREDIT DISTRIBUTED WILL BE RECOVER . 3) BASIC CONDITION FOR DISTRIBUTION A. Prescribed Document With Prescribed Details B. Credit Distributed ≤ Credit Available C.

* * USED OR INTENDED TO BE USED IN COURSE OR FURTHERENCE OF BUSINESS ('3) ATTACHED TO EARTH BY FOUNDATION OR STRUCTURAL SUPPORT it Note/ other prescribed documents BUYER d or services ny other person on direction of Taxable person) ate government ection 34 इसकका मतलब आपपरतर्तिकतकार्ति कको अपनने सभभी ककाम पपर Credit is allowed only when Last Unit/lot is received Output tax liability shall be increased by .

Apply within 30 days Department 2. * Input Tax Credit Availed * Interest there on In Manner as may be prescribed TAL GOODS OR DEPRECIATION .ONLY ONE OPTION IS ALLOWED FINANCIAL YEAR-SECOND SEPTEMBER MONTH Debit Note on above Invoice RETURN 1. Registration is also granted (Credit Allowed) Conditions (Credit Allowed) may be (Credit Allowed) prescribed OSITION DEALER .

o pay tax under section 8)

Prescribed % on capital goods may be reduced)
Condition
(Credit Allowed) s may be
(Credit Allowed) prescribe
(Credit Allowed) d

OF INVOICE ONLY (9) AMOUNT OF CREDIT IN ABOVE CASES SHALL BE IN SU

ASE OF CHANGE IN CONSTITUION (RULES TO BE PRESCRIBED)

LL CREDIT WILL BE PAID ON PENDING STOCK AND CAPITAL GOOD AND CREDIT REMAINING IF ANY SHALL LAP

REGISTERED TAXABLE PERSON
REDIT TAKEN

lds and dies, jigs and fixtures are supplied as scrap, the taxable person may pay tax on the transaction value

inputs send for Job work

Special Exemption

rescribed 2) AND 5) Credit is allowed even if Goods are not receive
(Exception to Section 16(2)(b)- basic condition

ob worker
as below

NOTE: IF GOODS ARE RECEIVED DIRECTLY BY
JOB WORKER THEN 1 YEAR SHALL BE COUNTED
FROM THE DATE OF RECEIPT OF GOODS BY JOB
WORKER

NOTE: IF GOODS ARE RECEIVED DIRECTLY BY
JOB WORKER THEN 1 YEAR SHALL BE COUNTED
FROM THE DATE OF RECEIPT OF GOODS BY JOB
WORKER

JOB WORKER
(2) Supply of Inputs from Job worker
Premises
(Within 1 year of being Send out)

ob worker
as below

NOTE: IF GOODS ARE RECEIVED DIRECTLY BY
JOB WORKER THEN 3 YEAR SHALL BE COUNTED
FROM THE DATE OF RECEIPT OF GOODS BY JOB
WORKER

JOB WORKER

INPUT SERVICE DISTRIBUT

Different States

What will be distributed

, being a business vertical, are located in the same State

What will be distributed

With Prescribed Details
redit Available
redit will be given only to that receipient

Distribution shall be based on Ratio of State Turnover during Relevant Perio
(receipient must have operation in Current Year)

F Receipient has turnover in Last Year---------------------- Then Last year is the relevant Period
Otherwise------------------------------------------------------- Last Qtr for which details are available previous to the mon

upplier of Goods/ Services
aving Same Pan as that of ISD

axable Supplies + Exempt Supplies (including Nil Rated) +Export of Goods and Services + Inter state Supply

LL BE RECOVERED FROM RECEIPIENT WITH INTEREST BY APPLYING

CONDITIONS As may be prescribed Within Time as given in Section 44 Allowed as follows (a) 1/3rd (b) (2/3rd.alrea (C) Balance Means 1/3rd in each Year NDATION OR STRUCTURAL Invoice/Debit Note SUPPLIER Goods and Services का मतलब आपपरतर्तिकतकार्ति कको अपनने सभभी ककाम पपरका करनने कभी जरूरत हह nly when Last Unit/lot is received ity shall be increased by .

Tax Credit Availed est there on be prescribed EAR-SECOND Input tax credit not allowed till september Input tax credit not allowed after september Input Tax Credit allowed Input Tax Credit allowed Debit Note on above Invoice Input Tax Credit not allowed (2) Financial Year Pending on the day of GRANT OF REGISTRATION (3) Financial Year .

Pending as on date EDIT IN ABOVE CASES SHALL BE IN SUCH MANNER AS MAY BE PRESCRIBED ND CREDIT REMAINING IF ANY SHALL LAPSE CAPITAL GOODS SUPPLY OF SUCH PLANT AND MACHINERY PAYMENT (Higher of) (a) (b) son may pay tax on the transaction value of such goods under sub-section (1) of section 15. cial Exemption t is allowed even if Goods are not received by the principal eption to Section 16(2)(b).basic conditions for credit) .

With or without payment of Tax Conditions By issue of Prescribed Document As may be prescribed containing Inter alia Amount of input Tax credit distributed or reduced Conditions By issue of Prescribed Document As may be prescribed containing Inter alia Amount of input Tax credit distributed or reduced . Within India.After Payment of Tax Job worker Export.

Reverse Charge Inward H INTEREST BY APPLYING SECTION 66 OR 67 . Amount of input Tax credit distributed or reduced State Turnover during Relevant Period r is the relevant Period details are available previous to the month of Distribution Goods and Services + Inter state Supply.

Section 17(1) Financial Year in which said goods are RECEIVED Second Financial Year Third Financial year 3rd in each Year Tax Payment GOVERNMENT Return under Section 34 .Section 17(1) Used Partly for Business (Allowed .CG/SG may by notification pres of attribution of credit for section 17(1) and 1 Used Partly for Non Business (Not Allowed . Section 17(5).

P (Credit Allowed) Finished Goods (Credit Allowed) Financial Year EXEMPT SUPPLY BECOMES TAXABLE SUPPLY .I.it not allowed till september it not allowed after september dit allowed dit allowed dit not allowed Financial Year VOLUNTARY REGISTER Section 23(3) Raw Material (Credit Allowed) W.

CAPITAL GOODS EXCLUSIVELY USED (Prescribed % on capital goods may be reduc Raw Material (Credit Allowed) W.P (Credit Allowed) Finished Goods (Credit Allowed) R AS MAY BE PRESCRIBED PITAL GOODS ANT AND MACHINERY CREDIT TAKEN-% PRESCRIBED TAX ON TRANSACTION VALUE u/s 15(1) s under sub-section (1) of section 15.I. EXCEPTIONS .

MOULDS DIES JIGS AND FIXTURES TOOLS issue of Prescribed Document ntaining Inter alia Amount of input Tax credit distributed or reduced issue of Prescribed Document ntaining Inter alia Amount of input Tax credit distributed or reduced .

Amount of input Tax credit distributed or reduced rge Inward Supplies 66 OR 67 .

telecommunication tower fixed to earth by foundation or structural support th for making outward supply and includes such foundation and structural supp excludes land. destroyed. written off or disposed of by way of gift or free samples. health and fitness center * rent-a-cab. addition. FINANCIAL INSTITUTION AND NBFC Engaged in supplying services by way of accepting deposits. alteration. 89 or 90 Construction includes reconstruction. machinery. health insurance * travel benefits extended to employees on vacation such as leave or home travel conces (c) works contract services when supplied for construction of immovable property. by notification prescribe the manner section 17(1) and 17(2) Section 17(3) BANKING. repairs ‘Plant and Machinery’ means apparatus. life insurance. other than plant (d) Goods and services received for construction of immovable property on his own account. cosmetic and * membership of a club. outdoor catering. equipment. pipelines. beauty treatment. extending loans or advances OR OPTION FOR ONE YEAR MANDATORY Exempt Supplies/Section 8(3) reverse charge supplies May choose to avail 50 (Not Allowed u/s 17(2) eligible input credit on capital goods and serv for each month Taxable Supply/Zero rated supply (Allowed u/s 17(2) Section 17(4) INPUT TAX CREDIT NOT ALLOWED FOR THE FOLLOWING (a) Motor Vehicles and Other conveyances (b) Supply of goods or services * food and beverages. stolen. building or any other civil structures . renovation. (i) any tax paid in terms of section 67. health services. other (e) goods and/or services on which tax has been paid under section 9 (Composition Levy) (f) goods and/or services used for personal consumption (g) goods and/or services used for personal consumption (h) goods lost.

Condition Credit Allowed) s may be Credit Allowed) prescribe Credit Allowed) d .

oods may be reduced) Condition Credit Allowed) s may be Credit Allowed) prescribe Credit Allowed) d .

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other than plant and machinery Except to provide Works contract Services s own account. cosmetic and plastic surgery Allowed Only if Same Category of Outward taxable Supply is m Government notifies the services which are obligatory for an e or home travel concession erty. alteration. r structural support that are used n and structural supports but . repairs capitalised achinery. apital goods and services or each month Allowed If (i) Used for Making below supplies * Further supply of SUCH Vehicles or Convyances * Transportation of Passengers * Training on driving. navigating SUCH Vehicle (ii) Used for transportation of goods ervices. on. other than plant and machinery Even when used in course or furtherence of b osition Levy) ee samples. or advances May choose to avail 50% of ligible input credit on inputs. flying. pipelines.

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H Vehicles or Convyances ng. navigating SUCH Vehicles or conveyances Outward taxable Supply is made which are obligatory for an employer to provide to its employees under any law ourse or furtherence of business .

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....Chapter VI.....Earlier of t SECTION 23 REGISTRATION 1) Schedule V Person Within 30 days NRI AND CASUAL DEALER HAVE TO TAKE REGISTRATION BEFORE 45 DAYS OF COMM (NRI AND CASUAL DEALER SHALL MAKE SUPPIES ONLY AFTER ISSUANCE OF CERTIF 2) SEPARATE REGISTRATION FOR EACH BUSINESS VERTICLE ALLOWED 3) VOLOUNTARY REGISTRATION ALLOWED 7) SPECIALISED AGENCY OF UNO MULTILATERAL FINANCIAL INSTITUION ORGANIZATION NOTIFIED UNDER THE UNITED NATIONS (PRIVILEGES AND I CONSULATE OR EMBASSY OF FOREIGN COUNTRIES PERSON AS MAY BE NOTIFIED BY COMMISSIONER MANNER OF REGISTRATION OR REJECTION MAY BE PROVIDED ALONG WITH THE 9) Certificate of registration (Prescribed Form) effective Date....REGISTRATION Registration Validity:.......... 11) & 12) Rejection/Registration of CGST Rejection/Registration of SGST 13) Central Government State Government Through Notification .

Reasonable Opportunity of Being Heard Power With (in the above case Regist Proper Officer of Cancellation within 30d prescribed and subject to CIRCUMSTANCES FOR CANCELLATION (1) . Show Cause Notice (SCN is not required is cancellation is on a 2. (On recommendation of council) SECTION 25 Amendment of Registration Manner and period as may be prescribed Registered Person Show Cause Notice in case of rejection with ROBH Rejection/Approval of amendment under CGST Rejection/Approval of amendment under SGST SECTION 26 Cancellation of Registration (Registration Cancel Hoga Liability Nahi) Condition 1.

May Cancel the Registration from Such Date as HE MAY DEEM F REGISTRATION BY MEANS OF FRAUD. WILLFUL MISSTATEMEN Cancellation of Registration/Revocation under CGST Cancellation of Registration/Revocation under SGST .

a) Period given in application IN CASE OF DEFAULT b) 90 days (+90days by Proper officer) from effective date of regist (Without Prejudice any manner and Conditions as may be prescribed PERSON LIABLE TO DEDUCT TDS ORE 45 DAYS OF COMMENCEMENT OF BUSINESS Advance NRI------------------------------------------ ER ISSUANCE OF CERTIFICATE OF REGISTRATION) Deposit of Tax OTHER------------------------------- (With Application) Conditions as may be prescribed UIN SHALL BE IONS (PRIVILEGES AND IMMUNITIES) ACT. 1947 GRANTED SHALL OBTAIN A UIN ALONG WITH THE TIME LIMIT OF SUCH REGISTRATION OR REJECTION FOR ABOVE Deemed Registration after this time limit Deemed to be a Rejection/Registration of SGST Deemed to be a Rejection/Registration of CGST Specify the category of exempted persons from Registration .

d as may be prescribed To Prescribed particulars does not re Proper Officer e in case of rejection Approve or Rejects Amendments in Manner and period as may be prescribed Deemed to be a Rejection/Approval of amendment und Deemed to be a Rejection/Approval of amendment und ability Nahi) Major EFFECT ed is cancellation is on account of an application in prescribed Manner) ON HIS OWN MOTION n the above case Registered Taxable Person may apply for revocation Cancel the Registration f Cancellation within 30days of service of order in manner as may be Manner and Period may be P rescribed and subject to prescribed conditions) ON AN APPLICATION IN PRESCRIBED MANNER * By Registered Taxable Person * By His legal Heir. in case of death of such person (2) REGISTERED TAXABLE PERSO(Except Voluntary Regi NO LONGER LIABLE TO BE REGISTERED .

Date as HE MAY DEEM FIT if Registered Taxable Person *Has contravened any Provision or Rules Composition Dealer *Has not furnished Returns for 3 Consequativ Other Dealer *Has not furnished Returns for Continuous pe Voluntary Registered *Has not commence business within 6 Month MISSTATEMENT OR SUPRESSION OF FACTS May cancel the Registration with RETROSPECTIVE EFFECT subject to Section 37 Deemed to be cancellation of Registration\Revocation under SGST Deemed to be cancellation of Registration\Revocation under CGST .

N CASE OF DEFAULT PROPER OFFICE MAY HIMSELF PROCEED TO REGISTER THE PERSON Without Prejudice any other action under this act) BLE TO DEDUCT TDS U/S 46---------TD&CN IS MUST -----------------------------------------DOCUMENTS AS MAY BE PRESCRIBED IS MUST --------------------------------------------PAN IS MUST ALL BE NTED FOR NOTIFIED PURPOSES INCLUDING REFUND OF TAXES ON NOTIFIED SUPPLIES RECEIVED BY THEM OBTAIN A IN .

Higher of Following For Capital Goods. Finish Goods Payment of Input Tax Credit Ta Payment of Output Tax Liability Tax on Transaction Value u/s 15 (With Calculation Manner to be prescribed) (With Calculation Manner to be ancel the Registration in Revoke or Reject for good reason application of revocation r and Period may be Prescribed Manner and Period may be Prescribed (SCN AND ROBH) Except Voluntary Registered) ISTERED . articulars does not require approval of Proper officer al of amendment under SGST al of amendment under CGST Major EFFECT For Inputs. WIP.Higher o Payment of Input Credit on R/m.

Provision or Rules urns for 3 Consequative Tax Periods urns for Continuous period of 6 Months usiness within 6 Months from registration evocation under SGST evocation under CGST .

TER THE PERSON .

or Capital Goods.Prescribed % ax on Transaction Value u/s 15(1) With Calculation Manner to be prescribed) of revocation .Higher of Following ayment of Input Tax Credit Taken.

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CREDIT AND DEBIT NOTES SECTION 28: TAX INVOICE (Including Document issued by ISD u/s 21 and revised invoice REGISTERED TAXABLE supplying Taxable Goods Supplying Exempted Goods/Services Before or At the time of Or paying Tax under Section 9 * Removal of Goods * delivery of goods or making available thereof supplying Taxable Goods on sale or return / on approval or similar conditions (when supply will take place is not certain) Before or At the time of at Earliest of the two * when supply has taken place * Six Months from Removal Supplying Taxable Services Before or After (but with in a period prescribed) TAX INVOICE BILL OF SUPPLY * Description * In Prescribed Manner *Quantity (Only in case of goods) * Prescribed Particulars *Value * Tax Charged * Prescribed Particulars Note:.Certain Services may be notified by CG/SG (recommendation of council) for which other document issued may be deemed as TAX INVOICE subject to conditions and limitations as may be prescribed Case 1 *Effective date of registration Invoice issued during this Period .Chapter VII.TAX INVOICE.Certain Goods/Supplies may be notified by (Bill of Supply Less than CG/SG (recommendation of council) along with Rs. 100 is at option of Time limit for issuance of Tax Invoice Receiver of supplies) Note:.

Case 2 *Start of Supply of Services Cessation of supply of Services (Invoice shall be issued here to the exten SECTION 29: Registered Taxable Person Only in accordance with this act SECTION 30: EVERY PERSON LIABLE TO PAY TAX SHALL INDICATE SUCH AMOUNT IN ALL SECTION 31: Credit Notes and Debit Notes BOTH TO BE ISSUED BY SUPPLIER ON Credit Note containing such particulars as may be prescribed may be issued for sale return. deficie Credit note to be shown in return in Earlier of the following a. Month in which such Debit Note is issued . September of Next Year Debit Note including supplementary invoice containing such particulars as may be prescribed may Debit note to be shown in return in a. Month in which such credit Note is issued b. Date of filing of annual return of containing such invoice for which Credit note is issu c.

T NOTES 21 and revised invoice issued by any supplier) REGISTERED TAXABLE PERSON mpted Goods/Services Receipt of Supplies: Tax Paid under Reverse Charge nder Section 9 ar conditions Issue an Invoice to Non Registered Person on the date of Receipt of Goods and Services *Issue Date of Registration d during this Period .

TAX INVOICE AND OTHER LIKE D SSUED BY SUPPLIER ONLY ued for sale return. less value charged . * Completion of Supply of services upply of Services e issued here to the extent supply is made) TAX COLLECTION xable Person Unregistered Taxable Person th this act SHALL NOT COLLECT E SUCH AMOUNT IN ALL DOCUMENTS RELATING TO ASSESSMENT. deficiency of service etc Purpose of Credit Note is to reduce th However if Incidence of tax has been output tax liability hich Credit note is issued as may be prescribed may be issued for less tax charged.

Advance Receipt of payments everse Charge for ANY Supply of Goods/Services Issue such document to evidence a receipt (Particulars may be prescribed) on the date of Successive Statements are involved Invoice Shall be issued before or at the time of such statement Within 1 Month Such Invoice may be revised in manner as may be prescribed .

AND OTHER LIKE DOCUMENTS Note is to reduce the output tax liability of the supplier nce of tax has been passed on other person then no reduction in .

Continuous Supply (CG/SG may notify supplies that will be t Goods ements are involved Successive payments are involved ce Shall be issued before or at Invoice Shall be issued before or at h statement the time of such payments .

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fy supplies that will be treated as continuous by notification and with recommendation of counc Services Due Date is ascertainable Due Date is not ascertainable Payment is linked with Completion of event .

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mendation of council)

Invoice Shall be issued

Before or After (but with in a period prescribed)

Before or After (but with in a period prescribed)

Receipt of Payment

Before or After (but with in a period prescribed)
Completion of such event

Chapter VIII- RETURNS
SECTION 32: Furnishing details of outward supplies(including invoices, debit notes, credit

1 A. Who Will furnish
Registered Taxable Person

D. Such details shall be communicated to the recipient of the said su

Details under Section 33(2) outward supplies modified by receipie

Details under Section 333(4) Inward supplies by ISD

Error or Omission may be rectified by
a. Month in which such error or ommission is noticed
b. Date of filing of annual return of containing such detail
c. Return under section 34 for the month of September of

a. Commissioner by notification extend the time limit for class of pe
Extension by commisioner of CGST
Extension by commisioner of SGST

SECTION 33: Furnishing details of Inward supplies (including inward supplies on which rev

1 A. Who Will furnish
Registered Taxable Person

Modified, deleted or included supplies shall be communicated to

a. Commissioner by notification extend the time limit for class of pe
Extension by commisioner of CGST
Extension by commisioner of SGST

Error or Omission may be rectified by

Who Will furnish Section 46 Dealer Monthly Returns For Calender Months or Part Thereof by Earlier of 20th of the Month succeeding Calen A. Who Will furnish Registered Taxable Person Quarterly Returns Including Nil Return to be filed For each Quarter or Part Thereof by 18th of the Quarter succeeding Such Quarter or pa A. Who Will furnish Registered Non Resident Taxable Person Monthly Returns For Calender Months or Part Thereof by 13th of the Month succeeding Calender Month A. Who Will furnish Composition Dealer Monthly Returns For month of deduction along with payment Thereof by 10th of the Such Month A. Who Will furnish Input Service Distributor a. Month in which such error or ommission is noticed b. Date of filing of annual return of containing such detail c. a. Commissioner by notification extend the time limit for class of person specifi Extension by commisioner of CGST Extension by commisioner of SGST SECTION 35: First Return . Return under section 34 for the month of September of SECTION 34: Returns: Monthly Returns Including Nil Return to be filed For Calender Months or Part Thereof by 20th of the Month succeeding Calender Month A.

Ye Receiver ki Liab (a) Matching Inward Supply be Matched with Matched input tax credit be communicated to the receipient in m Unmatched input tax credit be communicated Duplication of claims of input tax credit shall be communicated to (b) Reversal IF Such discrepency is not rectified by supplier in return of the mo Such discrepency be ADDED TO OUTPUT TAX LIABILITY OF RECEIP Such discrepency be ADDED TO OUTPUT TAX LIABILITY OF REC SECTION 39: Matching. reversal and reclaim of Input tax credit----------. Extra Period ± Liable to Register Grant of Registration SECTION 36: Claim of Input Tax Credit and Provisional Acceptance Thereof Input Tax Credit (Entitled subject to prescribed conditions & Restriction) SECTION 37: Matching. reversal and reclaim of reduction in Output Tax Liability--------Ye Su (a) Matching Credit Note be Matched with Matched credit Not be communicated to the receipient in manner Unmatched credit Note be communicated .

Per Day subject to Max. Of 50 Return u/s 34: Monthly Return Return u/s 40: Final Return Return u/s 39: Revised Return for credit Note difference SECTION 43: Tax Return Preparers Who will How Appropriate Government By Rules TAX RETURN PREPARER . Duplication of claims of credit Note shall be communicated to Rec (b) Reversal IF Such discrepency is not rectified by receipient in return of the m Such discrepency be ADDED TO OUTPUT TAX LIABILITY OF SUPPL Such discrepency be ADDED TO OUTPUT TAX LIABILITY OF SUP SECTION 40: Final Return Only in case of Cancellation of registration With in 3 Months of * Date of Cancellation In Such Form and Manner as may be * Date of cancellation order whichever is later SECTION 41: Notice to Return Defaulter Return u/s 34: Monthly Return Return u/s 39: Revised Return for credit Note difference Return u/s 40: Final Return SECTION 42: Levy of Late Fees Return u/s 32: Outward Supplies Return u/s 33: Inward Supplies 100/.

(A) Authorise In Manner Prescribed Registered Taxable Person Responsibility will be on Registered Taxab .

IN FORM AND MANNER AS MAY BE PRESCRI upplies shall be communicated to the supplier of the said supplies within the time and in the manner as may b extend the time limit for class of person specified in notification of CGST Deemed to be Extension b of SGST Deemed to be Extension b . during a tax pe Composition dealer Section 46 Dealer Section 56 Dealer cated to the recipient of the said supplies within the time and in the manner as may be prescribed tward supplies modified by receipient Either Accept or Reject on or before 17th of the Month succeeding Tax nward supplies by ISD or or ommission is noticed eturn of containing such details for the month of September of Next Year extend the time limit for class of person specified in notification of CGST Deemed to be Extension b of SGST Deemed to be Extension b ng inward supplies on which reverse charge tax is paid. Outward Supplies effected. May also include inward supplies that have Section 46 Dealer Section 56 Dealer D. credit Notes and revised invoices issued) : on or before 10th of the Month Who will Not furnish B. Modify or if required Input Service Distributor Non Resident Taxable Person Composition dealer C.ng invoices. inwards supplies under IGST): by 10th-15th Who will Not furnish B. Shall Verify. IN FORM AND MANNER AS MAY BE PRESCRI Input Service Distributor Non Resident Taxable Person C. debit notes. Validate.

Credit Av Month succeeding Calender Month or part Who will Not furnish D. IN FORM AND MANNER AS MAY BE PRESCRIBED 20th of the Month succeeding Calender Month or 7th day after the validity of registration) D. IN FORM AND MANNER AS MAY BE PRESCRIBED by 10th of the Such Month D.Tax paid.or or ommission is noticed eturn of containing such details for the month of September of Next Year For Inward Supplies.Tax Payable ter succeeding Such Quarter or part D. IN FORM AND MANNER AS MAY BE PRESCRIBED Input Service Distributor Non Resident Taxable Person Composition dealer Section 46 Dealer Section 56 Dealer For Inward Supplies. IN FORM AND MANNER AS MAY BE PRESCRIBED time limit for class of person specified in notification for all of above Deemed to be Extension by commisio Deemed to be Extension by commisio . Outward Supplies. IN FORM AND MANNER AS MAY BE PRESCRIBED le Person Month succeeding Calender Month or part D.

Ye Receiver ki Liability Badayega Outward Supply of corrosponding person In Manner and within Time as may be Prescribed Additional Duty of Custom paid under Custom Act दस द ररो ससे ममिललान करनला With Duplication of claims of Input tax Credit अपनसे ससे ममिललान करनला mmunicated to the receipient in manner as may be provided communicated to the both the person in manner as may be provided ax credit shall be communicated to Receipient in manner as may be prescribed ified by supplier in return of the month in which discrepency is communicated O OUTPUT TAX LIABILITY OF RECEIPIENT IN SUCCEEDING MONTH in manner as may be prescribed D TO OUTPUT TAX LIABILITY OF RECEIPIENT IN SAME MONTH in manner as may be prescribed Output Tax Liability--------Ye Supplier ki Liability Badayega Corrosponding Input Tax Credit Reduction In Manner and within Time as may be Prescribed दस द ररो ससे ममिललान करनला For Duplication of claim for reduction in Output tax liablity अपनसे ससे ममिललान करनला nicated to the receipient in manner as may be provided mmunicated to the both the person in manner as may be provided . Normal Period Month or Quarter ptance Thereof Credited in ECL on Provisional Basic & Restriction) in manner as may be prescribed edit----------.

Of 5000 ote difference 100/.Note shall be communicated to Receipient in manner as may be prescribed ified by receipient in return of the month in which discrepency is communicated O OUTPUT TAX LIABILITY OF SUPPLIER IN SUCCEEDING MONTH in manner as may be prescribed D TO OUTPUT TAX LIABILITY OF SUPPLIER IN SAME MONTH in manner as may be prescribed gistration n Such Form and Manner as may be prescribed Notice shall be issued ote difference To Furnish Return within 15 Days In Form and manner as may be prescribed 00/.Per Day subject to Max. 1/4% of his turnover in the state What Prescribe the * Manner of approval * Qualification * Duties and obligations * manner of removal * Other relevent condition for functioning as TRP N PREPARER .Per Day subject to Max.

(B) Return U/s 32 Return u/s 33 Return u/s 34 Return u/s 39 Return u/s 40 Other Task as may be Prescribed lity will be on Registered Taxable Person .

Modify or if required delete the details furnished to him under Section 32(1) ard supplies that have not been included by supplier under Section 32(1) ER AS MAY BE PRESCRIBED d in the manner as may be prescribed eemed to be Extension by commisioner of SGST eemed to be Extension by commisioner of CGST . eemed to be Extension by commisioner of SGST eemed to be Extension by commisioner of CGST er IGST): by 10th-15th of the Month succeeding tax period e. during a tax period e prescribed the Month succeeding Tax period.fore 10th of the Month succeeding tax period ER AS MAY BE PRESCRIBED ffected.

Tax Payable and other particulars prescrived Y BE PRESCRIBED x paid. Month in which such error or ommission is noticed b.utward Supplies. Tax paid. Date of filing of annual return of containing such details c. Credit Availed. audit. Return under section 34 for the month of September of Nex Y BE PRESCRIBED be Extension by commisioner of SGST be Extension by commisioner of CGST . inspection or enforcem Error or Omission may be rectified by a.Tax Payable Y BE PRESCRIBED TAX DUE AS PER RETURN SHALL BE DEPOSITED BY LAST DATE OF FILING RETURN Y BE PRESCRIBED Y BE PRESCRIBED IF Noticed by reason other than scrutiny.

Shall be utilised for payment of Self assessed Output tax liability ime as may be Prescribed (C) Reclaim Since Supplier can rectify the error upto next year september Month Hence if supplier rectify it later.Interest Shall be Paid by Dealer at His own at rate notifi From first day on which such tax was due ime as may be Prescribed (C) Reclaim Since Receipient can rectify the error upto next year september Month Hence if Receipient rectify it later. then Output tax liability be reduced by such am and Also interest shall be refunded in ECL and in manner as may be prescribed (Provided Interest refunded shall not exceed Interest Paid) be prescribed Included Interest at Rate specified u/s 45(1) Section 45(1). then Output tax liability be reduced by such a .

and Also interest shall be refunded in ECL and in manner as may be prescribed (Provided Interest refunded shall not exceed Interest Paid) e prescribed Included Interest at Rate specified u/s 45(1) Section 45(1).Interest Shall be Paid by Dealer at His own at rate notifi From first day on which such tax was due rnover in the state .

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inspection or enforcement activity by the tax authorities ion is noticed aining such details h of September of Next Year .dit.

ember Month If Output Tax liability wrongly reduced then y be reduced by such amount It shall be Added back and Interst u/s 45(3) Shall be payable er as may be prescribed Section 45(3).liable to pay interst at prescribed rate at period computed in pres er at His own at rate notified (on recommendation of Council) ptember Month If Output Tax liability wrongly reduced then ity be reduced by such amountIt shall be Added back and Interst u/s 45(3) Shall be payable .

liable to pay interst at prescribed rate at period computed in pres er at His own at rate notified (on recommendation of Council) .er as may be prescribed Section 45(3).

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.

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period computed in prescribed Manner .

period computed in prescribed Manner .

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interest.Chapter IX. includin F Every person who has paid the tax on goods and/or services under this Act shall.PAYMENT OF TAX SECTION 44: Payment of tax. penalty and other amounts (Humne Directly Jama Kiya) A. Self Assessed Input Tax Credit D. un SECTION 46: TAX DEDUCTED AT SOURCE WHO WILL DEDUCT TDS * Department or establishment of CG/SG IF Mandated by CG/SG * Local Authority To Deduct TDS * Government Agencies * Other Notified Person (on recommendation of council) by CG . Every Deposit * by Internet Banking Subject to such conditions and restriction as may b * By using credit card/Debit card * By NEFT or RTGS Date of Credit to Account of Appropriate Government Shall be deemed to be Date o (Humne Indirectly Jama Kia) B. and other d (-) self-assessed tax. CREDIT OF THE FOLLOWING CAN BE USED IN FOLLOWING SEQUE IGST IGST-CGST-SGST CGST CGST-IGST-SGST SGST SGST-IGST-CGST E Adjustment of amount paid by Taxable Person Amount Paid (-) self-assessed tax. and other d (-) Other amount Payble.

as the case may be.(7) Determination of the amount in default under this section shall be made in the m (8) Refund to the deductor or the deductee. arising on account PROVIDED that no refund to deductor shall be granted if the amount deducted has b .

and other dues related to returns of previous tax periods elf-assessed tax. Contract Value b. including Demand vices under this Act shall. unless the contrary is proved by him. be deemed to have passed on the full incide Rate of TDS From 1% Made or Credited Payments mendation of council) by CG/SG * Deposit the Same by 10th of suceeding Month In Manner Prescribed * Certificate of Deduction (Prescribed Manner) a. and other dues related to returns of current tax periods Other amount Payble. Rate of Deduction . Shall be Credited in ECL in Manner as may be prescribed ons and restriction as may be prescribed hall be deemed to be Date of Deposit May be used for Payment of Shall be Credited in ECL to be Maintained in Manner as may be prescribed ED IN FOLLOWING SEQUENCE mount Paid elf-assessed tax.

Rate of Deduction c. arising on account of excess or erroneous deduction shall be dealt with in accordance with the prov f the amount deducted has been credited to the electronic cash ledger of the deductee. may be. Certificate of Deduction (Prescribed Manner) Furnish to Supplier a. Amount paid to App. . Govt e. Amount of Deduction d. as the case may be. Contract Value Within 5 days of Payment of TDS b. Other Prescribed Particulars (Deductee Shall claim in its ECL above tds in manner prescribed) ection shall be made in the manner specified in section 66 or 67.

ay be prescribed May be used for Payment of d for Payment of Tax. Interest. OTHER DUES Under ACT Under Rules Under ACT Under Rules TAX DUES OTHER DUES ssed on the full incidence of such tax to the recipient of such goods and/or services Conditions * Notified Taxable Goods/Services (Recommendation of council) * Total Value under a Contract of such supply (excluding Tax indicated) > 5 Lakhs Otherwise Interest u/s 45(1) . PENALTY. Penalty or Other Amounts (Manner/Conditions/time may be prescribed) Balance in ECL if any can be claimed as Refund in Return u/s 34 In NOTE:- DUES TAX INTEREST.

5000 ordance with the provisions of section 48: . Otherwise ys of Payment of TDS Late Fees = 100/-Per Day Max.

nd in Return u/s 34 In Manner Prescribed .

.

TRANSFER OF INPUT TAX CREDIT Section 47 CGST ka credit agar IGST k liye use kar lia hai to Central Governmet CGST ka utna credit k SGST ka credit agar IGST k liye use kar lia hai to State Governmet SGST ka utna credit kam .Chapter X.

et CGST ka utna credit kam karkar IGST main transfer kar degi in manner and time as may be prescribed SGST ka utna credit kam karkar IGST main transfer kar degi in manner and time as may be prescribed .

may be prescribed y be prescribed .

Chapter XI.REFUNDS Section 48 Refund of Taxes .

Credit has been Accumulated As Rate on Input > Rate on Output Supplie (AGAR REFUND MILEGA TO YE PROCEDURE APNANA HOGA) NORMAL PERSON Refund of Tax Paid Interest paid on above tax or on any other Amount Refund of SPECIALISED AGENCY OF UNO IGST/CGST/SGST MULTILATERAL FINANCIAL INSTITUION Paid on Inward Supplies ORGANIZATION NOTIFIED UNDER THE UNITED NATIONS (PRIVILEGES AND IMMUNITIES) ACT. Exports (Not subject to Export Duty) Inc 2. 1947 CONSULATE OR EMBASSY OF FOREIGN COUNTRIES PERSON AS MAY BE NOTIFIED U/S 49 .UNUTILIZED INPUT TAX CREDIT Refund Only in two Cases 1.

wo Cases Condition ject to Export Duty) Including Zero Rated Supplies No Claim of Refund under IGST Ac Accumulated As > Rate on Output Supplies (Except Nil Rated/ Exempt Supplies) Application + Evidence of Refund Due + Evidence that incidence of Tax has not been + No evidence only Declaration of incidence if refund is (In Form & Manner Prescribed) Proper Officer Before Expiry of 2 Years from RELEVANT DATE Application + Evidence of Refund Due + Evidence that incidence of Tax has not been + No evidence only Declaration of incidence if refund is (In Form & Manner Prescribed) Proper Officer Before Expiry of 6 Months from end of the Month of receipt .

Refund under IGST Act for Output Tax Paid incidence if refund is Less than 5 Lakh roper Officer On Being Satisfied Amount determined to Be Refundable SHALL BE CREDITED TO FUND incidence if refund is Less than 5 Lakh roper Officer .

Be Refundable TO FUND .