[Camiin| rise 2 ae, tt | f Libel U ST ® — |Meacing of GST: “Gonds ond Genviceg Tax(asnic a | 2 x“ oa a \e_ Ani fCon! Bom of ms Rees at a natoral 7 GST loco kt @ O44 i- A tack Faxce comciude GST S$ be implernermted 40 irmpyque Cuyxemt +ax Sesuc+uye : Ee Miniss i Fool From Apstt 1 2010. ____ jane} = @ST 4a be phased out Rareg yeduced From |, Updo Bh | ee EC Cinatt t | cae Sow egicias se Eee ee 1 Pxoect evil fe |, | __ \aunched _but GST tenplernentation postponed4 , QO: Constitution Armmendernemt Bill to emabie GST! Jaco imt¥oduced: —42.912'= Standing Carmesitee begin discussion om GST | ———+|_bus Stated t+ oven clause 244@. y _|2013:- Standing Committee tables xo jepast+ om GST ——}2.014: @ST_@il weimtunduced tm Paxltammemt by | J Efthance Minicte x. i eee iin Low Sabha but mot passed. Roya Sabina @ 12o16'°- GSTIN goes tive: —____|20\6 = Prrended Model GST lacs passed in bain |, i ies Smee ee lot Foux Supplies : 4 | ——_ Sabina ond approved by Caines = O\F = Rajya Saba passes fous upplernemtamy | GST _BillG: Final GST so immplermemted om Taiy 4 | 2012: l2O\4:-GST iS launched on 1% Tay 2013 @ ame Q2 Write shoxt Ore _O'= = G) | GST sion Texritoyy GST, tT nseaiated GSe. a =| Gensual__GST- Undex GST, Cemrsai Goods, sad_Gemuices} w(Camiin] a and the State goverment coill agwee on | Combining thets levies are aation fox yevenue _s) Houseve x tt Ane Date o ae iS _cleaxly rmentianed in Section & GST_Act that the toxeG be iH—____fImtsa-Siare Suapties — a e Bare af tax Stal) mos be exceeding Ih! of Jevied oo! al ci 2 |__|Siare _GGT:- Undex GST Stare Goods and Gensvices Tow levied om Tota Stare Supoites of hotn H—___lgqoods and servic 2G hy tie Stare Goveternen: | GAM be qavemmed by S@ST Ack CGST ill a Say Tessa Srate Supoly quetined py Ho eniwal Goversmeent {Pray _kOx _Vialbility olotained Undes SST ‘can be Set] SE_aqainst SGST 0% IGST Sopot tax cred Oray | Q_kQx Orn the e Union Texxitosy GST Onion TT os GoodG and Se Tenxitosy Jice| Tax 86 levied by the Untan | YR eCexe AG ioe jax: qovenorment levi z q be Flesyitoxy Supply of IQouemmed hy He good ord Se. OTGST Act and fee Te ig Witty CGST-UTGST i6 ila Jeuted along 49_SG@ST and is jevied in a ees a sake place iv tine Union Terwitoxieg of a Union Texxitoxie Ni a eoinicts do not nque +hety ocon! eplicabie om the cuposites tT Chand tgaxk Dadya | Diu_ond Lachadcoeep|[Camiin]rase | owe are undes SGST taco as they have thet on __} oe feises ery 208 Hoty 1 he Union T Teasiionies of Dein and Puducheway con _| leqisiat of UTGST | ———jhategaated GST = eS a Ay 1. Li —___ATox ie a tox levied on all Tnter-State suppites of | © go086 ond/ox semices ond will be govern dy the! = T@ST Act TEST wil be apolicable om any supply of Igocds and/ox Sesvices im botin cases aC trapoxt ee Tadi xpos jorn_Tnciia Undes IGST oe coould he o-tared cmd 40x coil _be Straxed|| E bercpeem tye Comrsal and ore _Groyvetoment __U |0iscuss the yates of goads and semices uacex af GST @ leares of Goods and Sevvices under GSt- Exempted GST Rate Stab (no Tax): fou secon tots categaty: Same of these tat | Bt g. Nt nd vi profil toute milk curd matural honey Flour besan bead sddxacsing amd Coloring haokS Stamps judicial +h pene d@_Semvices IFigk Chicken eqqg along colt bimdi, St 900%, Kajal, bangles —_____psinted hooks mewspape ys Wite and handioorn hatels amd fe papess \ % a INR 1000 and sq om.(Camiin|rose & one tt ___|0-25% GST _Rate'- S Cut ard Sermi-palished Stamnes axe | Rmciuded undex hte tay Slap ___ —__|84 GST Rate _Siab'- 1W% qnads and sexvices Fatt unde Hig Category Garne of thnege imciude appaxel helacs z o4 wel Ms Saas i i code | — fansen seqetanes,coilec ten sees, pizza tread sk. /@ Seal ca utc Shell waisinice, | Fish, Siiet vexogeme caal,nedicine and $0 0n- IQ. GST Rate Siabi- \Ar goods and sexices Fail under this “Editon Ail Tat He cheese qhee dxy Fruita tn packaged Fo wirmal Fat, —___|sausages Cruit juices marnkeen Ketchup and Sauces —__s]oyusvedic nedict dia t ans ynd wea | —ittlabones. Spooms, Cost S t00tn pocodex Umbyelia saute | | ——__}rmachine _Spectacie OS _Garnes like ude and So on: el as ans Theat spats ced_senices Ga ae | tii Pasta biscults cawet Flakes pas wieg a a serieceuted crapeiibiteriatiedupateouae t 1 Ml sine sal _watex Foatweay co Sting nase tran IN@ $00 — ce *Printess, electyical tyansfomnen, opt ft #isgues Ganitany napkins matehoaks Stecl IPSQGUCGS headgear and {#5 payxts,and Sa om- Saal —| [Camiin[rase [owe tt ______JaFtex Shave noix Sthampan dye Gumscree 9Oin+ wates | i QB |piscuss the thxeshald fox ee eee 1Ex Piaim xX — [Thxeqhoid tients Cow Station 3 S_GST.- e State: Fou Fov. Gu SesuiceS IMizovarm Tripuva Maripus and _ 10 _Laxins | 10 Laking Nagaland : IA sumac! es, Me. on © lakhs |20 Lakhs | 0 Hessavinamd |Puduchev sy , Sikkim, Telangana he ro sega 120 \akhs| [WAirmacthal Pyadesh and all _othex _ ates Pwroceduye Cox weaiatyation undes _GST:- A_kax- payer Peking a Hanna) wegistwatian cam visit the GST nd EN Me Segsiyasian Form GST REG-O1Eamiin[rose B emai wee “Vist GST postal cick om ‘Reaisinavion undex the “Senvices’ jab and} lanen click on ‘New xeqissnasion | |The appiicaian fosrm 16 divided isto 2 pasts - Past ___|A@ and Pax & y-setect ane ‘Taxpayer’ ag the type of seeeneric| dl Ae ‘Tam a’ dyop-dacnm Vist. Hvar tHe Staie/UT and vistnics dsop-docom list ' alSerect tne Crate and oistaics fox catich segistiatior lis sequined: @ aa Im the Leqa\ Name oF tne Busi Cred ected me legal name af sme businesslemtity aS mentioned tm the PAN database: Tn the Pesen. unk Naurcnbes (ran) Field | eotey PAN of the tousine: ox PAN of th PO xoprietox ___|"Tn the ernati_adsxecs Fietd enter tne ermal addzese | __ oS _tine_puinosy _ausinasised _Siqmeisnity. —_______}_ Tm tre rmnobile Le x 4 oleic a — i natn —___+Emten the Captehq and ctick tne “Pyaceed’ button —_ — A Sex_someleting tae. ee ee | +es Vv i im iV. T alReCexe nce Nurmbey (TRNY The TAN itt be Sent ao | tne weqicreyed ermail addwesgg and Hie Mornber Post @- _frevick on ‘“Sewices’ >‘ Registyaiion>‘Necw Reatstvation’ aloption and select +he TRN buttan ta lag i = Qin using | 4ne TRN In _+be TRN Field emsey the TRN qenexated and(Comino 4] i foate _____ the captcha text Shown on the Scyeen Then .clickK on | FP xnceed? fEniex & oO ‘i S_ermail im +h A Me ____|"The My Saved Applicat 7 8 uv Action coluron click +he Ediy icon : fOn the top of +he page vegiSivafon appiicaon [Fowrn oitin 10 tab¢ apem-Ciick am each 4b to enters the details cattin "Ke business derails psormote: 4 © lpoxtmen Beraile authoniged Signatory Pxiimcipal and : ore eee aaa pees ge eee ety infaxenation agdhaay authentication and Nesificatian Ct on‘ ont Oe casom Cas Saber ign _¢. Yerstl x ii = ! Pxoceed.” |-APrew issi will x 2 icaion | rf ) via a M4 ontisen! your wegis+sahon Q4 [Show Notes: | 1 Caswat Toxniie “persons. eS oni | e — ——|@casus! taxable person making taxable Supply to ——_|Hindia_hasg to Cormpulsa ily jake Cem xeaistyatan These {6t Due tt __|mo_thyesthold _lienit fos _vegiStvation-A_casual-—__| ______}taxalble _pexsomn__canmo} exeycise the optian +0 pay _____}#ax_undes composition levy He has 40 apply fox | _ Ixeqiakwatian at least Five days pxiax to Cormrmnencing iS lousimess in ‘Trdfa- A cagua) taxable pexsam hag HO _mnake an _acvance _depagit of tax in an amount equivalem: to bhi timated tax jalbility 4 ei ff tre weqistyaviom 1G | _ ought |e _ GC) |Non Resident Taxable pesson: —— |The _Goads and Semvices Tax Lacan tas defined a | —___+|“non-sesident saxabie _pesgan’ aS any pesson | __ poinm occasionally _undextave: y¥ansaction noth cohethes aS principal os agent ox tm. —____Jarny otney capacity jou aha thas ma Fixed piace |__| no buginess ox wecidenmce in Tndiia- AU hon- | | __|wesident taxable persons R 4 a ____|@ST_xegistwatian in India ivvespeciive of agqgegate! annual _tusmoves os any otnes Criteria: Fustnen the | ImST Act and Rules specify thar all mom-xesident) |S days psiox 40 Hne Conmmencernemt of business . seuuices ee i GST iS4yaon Qt sme Eoxiegr Apotication | to be Ciled electwomicalr Dlang ttt a Sele _valid _passpast: Such a \— > |Ts i6 dhe wegistyatian mumbes given to cestain pecified — pesaans imgread of GSTIN These ane sk A Specialised ager EF the Ureited Nation | dO xqanisation ox a rnulitlatesq) Pinancial institusian | and oxganisation notified undesx the United iasfan: ___|Cextuiteges and frornuntties) Act \QG4- Fox exarnple! IME UNESCO WHO etc a*Consuimse oy Ermbassy of Soxeiqn Counbsies: @ bony pexcam nariCted by the Coromigsiones | ss heee pexsams/axganicgations ave mot table Fox taxes jundex e Cuxyrent GST wxegime im the Indian ext . Cot fndivect) coir wCrorm Such _pesSons/bodie wefunded back +0 E ern: _Gyv) [Regi i a +) Fox ie igh 2-|GSTIN ST i fi AGG of \ fait i: sCicast nurnbes: The 1S digit 1D compsiges oF - INQ digit igeifying the State cade :- lore DiGGT Stare Cade Lier of India Tare | Ste i x T 8: ESC Yi Ay Taodian Censes oF Doi ee Gigi SON ibe Qi: -\2 wepxse. ES Pi of the entity So thay___dsegiguwatfian that an entity has taken witinin_a_| loassiculax State Tt cnouid be pertinent +0 mate | __lhhat a necn wegistyatian %n a difexent state __| Will have GSTIN Stasttng coi, a _ditfewemt Stare | Icode-Q_wegistexed pexsan coitin Single wegistyaon | within a G4ate ould have mumbex 1 a6 13" digit! of tne GGTIN-TE tne Same xsegisreyed peysan | ___lge+S a Second yeqt i i fm the Same State the 13 digit of GSOTIN Si +0_4ni ert and | r “ on : = QQ digits having default a cl K. Me = LAgt spo igi puxypase of check | = Aigit: }__ QS |What fs ihe meaning of the ees KScuss the A lacmpe sea sypee? oP. squpiiye ete Meaning of Supply _ Supply inctudes sate tvansfex, | dexchanage baxtes license, semial ease and dispasa\-TF al dust course 0% fusimexance of busimess Cox 5 ee 3 ___Jof Supply unmdes GST _ z of Supply - i The tenn “Supply is aide tm {tS Krapoxt covexs att Con ic apply a gqacds ox Semices os both a+ imckseS sale tyansfex baxter,[Camiin[rose 173 [escent _Jaqueed 40 be made fox a _comsideyaton by a _pessers __lin ane causse ox Fusinesance of business. dt llypeo of apply ’- JiGased om _tocasion - ___ |i Toasa- St e J Tntsa-State is a type of supply oF BS lqands ox Sesvice mhexe the location of the i ms Ao ace of Supply of goods axe 2 ame bh Te xaiio’ Wheve te location of to uppliies 1S th eo tesvitosial cateys ow cahexe the place of ____|suppiy te tn the teusttosial watexs-The place of } apply csill be im the _meayest Coastal Strate ov alOnion Tewsitosy: si] Intex- Grate Supply Tt i¢ a Supply of goods ox Service eainewe tine | st © iE ic. Union t€vvitontes ox a State and a Unitan _tesnitey. | jpesson +o a secipient consisting of 409 G8 nove[Camilin] Pes | 1 eerie dh ame veioonee of grade ox sewices ox bam ox | a any combination +hesec® chico harurally bunciex saa iS a p incipal Supply Hilixed__Supaty'- meqn a toda Suppites of goods ow Semitces,mmade in conjunction L si ‘i é . colt, each othevy by a taxable _pesysan fox a @ Constiute GQ Composite ppl Continuous Supply’ Consinuc ty 16 oF tone types. ee [CominuousS Supply oF [Coninuous Supply of | __ Goose —__Semiceg |-usus bOsis umdes Oo contsacox in wecument —hasis.uacesh aan ns qeads. Means a Supply of Seaviceg oe , . » komewe orf mot fy means of fa compact, Cos a _periad __Jotnex conductand fox chichlusitin pesiadic payment | ____sbtine supplies fevoices the lobiiqatians and includes | __ eci nt a_ox|Suppiy of matified lhasis and includes Supply|SexviceS- __ |__33 — Af @ased_on_Resipient'= Hl Gased__on_Pesipient af >[Camiin[rsctS | fonemnrrane cr | + wecel ices | oe ne Ie Lends sean! Sth os coithaut considewasion. RlOusaoxd Supply: ins 55s ene ang) go Sippy tof: uiced Jel helt axan: XCh = Ncemce versal lease ox disposal o% any otmex rrade rmade | 6 ov 4 5 los Cuxthrevance of buciness L HIBased om “Tax }veatment' ___ le xernp+ Supply: Exerept “Supply of any goods oy sesviceg fu O or. % if iL ioe co KA Fos 4 = eo al Supoly- ne 2 good ox Sexvice enbich At yacts eit va: oF tax! _40_exermpt Supply. — Supply om coioich jax Shall be paid urdex GST:[Comiin|rase 16. foward saa Act (ohich means if you ase a na bufactuses_ Si ~ tote yoy} lof Hae pexsgang mentioned yegiStesed undes GST -—flou_axe_eitgie _ie_dlate_teaut sedis fox taxa | — Ro Ny you om yours purseraSes. e Exarnple:- ~_____dSuppase tmese is a Selley My and he setis big | __ ‘a Qoade to My 8 -Hexe My Bietre buyes coitl be. x Eligible 40 clatrn the Cyedit on purchases based | __ =~ ez lon ye _ iinynice 6. - zt Data _qgoee Fyorm a» -4%.8 sells qoads | GSTR2A to GSTR |-Armount oC sax : Ms: 8 | 2 aSex buoyed lpaic) on puricinaseg __ a leg GSTR 1 | ve-my-@ accoptsit Igets cuedited to | _[Getatia of suppiy)| tMa& Ciles GSTR2! lElectwanic Credits | el Ino: Form G@STR1 ra Regi cres: eI Igers weFlected in _ Miy-B cam Stor | GSTR 2A oF Ms B ES using cxedtt gQekinst output tax} Ja Bh se NA tol gee |e weFund:classmate. 2:-The ‘ . 3 ute - ‘ os | -28 4 2 fil | Si A 2: K F L 1M a1 " + L 2 L bb x | a ‘ - zs Max 4 Curoxe output 4ox liability and get the vefird!