IDT Summary Book - Inter CA

INDEX
11
1 INTRODUCTION
1
8 VALUE OF SUPPLY
12-16
2 CGST ACT CHARGING SECTION
2
9 REGISTRATION
17-18
3 REVERSE CHARGE MECHANISM
3
10 PAYMENT OF TAX
19-22
4 SUPPLY
4-6
11 INPUT TAX CREDIT
23-26
5 COMPOSITION SCHEME
7
12 RETURNS
27-28
6 TAX INVOICE, DEBIT NOTE AND CREDIT
NOTE
8-10
13 E-WAYBILL
29-36
7 TIME OF SUPPLY
11
14 EXEMPTIONS
1 INTRODUCTION TAXKATEACHER - CA KARAN SHETH
CA KARAN SHETH - INTERCA IDT /GST 8879-727-727
Article 246, COI Constitution (101st Amendment) Act 2016
List I - Union list List II - State list List III - Concurrent list
CG SG CG + SG Article 246A Article 269A Article 279A

• CG & SG • IGST shall Union FM
Composition MOS Finance
Income-Tax VAT No head i.r.t both have be levied &
Excise duty Lottery tax Tax is covered under State FMs
the power collected by
Customs duty Luxury tax this list Taxes to be subsumed in GST
Service Tax Entertainment tax to levy & CG Threshold limit of exemption - 20L/10L/40L
collect GST Matters Goods & Services to be exempted
2000 PM set up a committee to design Goods & Service tax Model Rates of Goods/Service
on supply of • Import are
2004 Kelkar Task Force strongly recommended to implement Nationalised GST Principles of levy GST model &
deemed to
G & Sr. Apportionment of tax in IGST
Budget FM Chidambaram announced that GST will be implement w.e.f 1/4/10 be interstate
2006-07 Quorum = 50% x Total members
supply
Voting = Min 75% to pass a resolution
2014 NDA (24) tabled the Constitution [122nd Amendment ] Bill,2014
On the floor of Parliament
2016 By 2016 the above Bill was passed in : 1. Loksabha 2. Rajyasabha CG = 1/3rd x Total SG = 2/3rd x Total
3. Had Received Ratification from more than 50% of the States votes votes
4. ∴Prez gave assent to the bill which was finally enacted into cast cast
Why was the need to amend constitution Within State*  CGST + SGST
The constitutional provisions had divided the powers to Centre and State to impose taxes. Intra State
Within U/T*  CGST + UTGST
Where Centre levied excise duty  Mfg. in India. Types of Supply
State levied VAT  Sale of goods within same state Diff States 50%
Centre levied and State collected  CST on interstate sale Inter State Diff U/T CG
Centre levied Sr. Tax  Service supplied IGST
Centre levied BCD + IGST  Import of goods One & One 50%
Introduction of GST required amendment in constitution so as to enable integration of all above State U/T State
taxes and duties into GST and to empower both Centre and States to levy and collect it. 
Hence constitution (101st Amendment) Act, 2016 was passed that has around 20 sections. * States = All state (Incl. J&K, Delhi, Puducherry)
Where Goods/
* UTs = Dadra Nagar Haveli & Diu / Daman is one U/T.
Service are destined/
consumed
Taxes subsumed in GST Taxes not subsumed in GST
CENTRAL TAXES STATE TAXES Basic custom duty
Excise Duty VAT ED/VAT/CST on alcoholic liquor for human consumption
Tobacco
Service Tax Lottery Tax ED/VAT/CST on 5 petroleum products
CST Entertainment tax (except levied by local body) Stamp duty  Central Excise duty (+) GST
CVD Luxury Tax Property taxes Opium, Indian Hemp, Narcotic Drugs
Special CVD Entry Tax Tax on motor vehicles
Tax on advertisement Electricity duty
 State Excise duty (+) GST
* Functions of common GST portal 1

2 CGST ACT CHARGING SECTION TAXKATEACHER - CA KARAN SHETH
(Section-9)
Sec. 9(1) Sec. 9(2) Sec. 9(3)&Sec. 9 (4) Sec. 9(5)
CGST is levied GST does not cover Reverse charge A. Transportation of passengers by Radio Taxis, Rickshaw,
mechanism Metered Taxis & Any other Motor vehicle
a) On intra state (i) Petrol
Supply (ii) Crude oil Recipient shall pay tax to Government Tax to be paid by E-commerce operator
(iii) High speed
diesel 1 B. 1. Hotel accommodation service
b) Except on alcohol
(iv) ATF Insurance Agent Insurance 2. House keeping service
For human Insurance Company
Consumption (v) Natural gas Agency (i) If supplier is  Supplier pays
Service
registered tax
Commission =10L (GST @ 18%)
c) Rate not GST shall be paid to Government = 1.80L (ii) If supplier is  Eco will pay
It will be covered
exceeding 20% not registered tax
from the date of 2
Recovery
recommendation of Recovery Agent Banks or NBFCs. ECO has physical presence ECO itself
d) Value U/S 15 GST council and After Agency Service
ECO does not have physical Representative of ECO
Taxable person it is notified by CG
GST=RCM= presence
7 3 ECO doesn’t have physical Person appointed by
Security lending DSA service presence nor has reprentative ECO
Lender Borrower Direct Selling Agent Bank or NBFC
service
Other than body corporate,

8 GST = RCM = 
GST = RCM = 
6 Security services
partnership or LLP
Renting of Registered Any person Security Any registered person
CG/SG/UT/LA other than
immovable Person Personnel other than
property Director Consultancy Body body Service  Composition tax payer
4
(Non-Executive) Service Corporate corporate  Person
GST = RCM = 
9 Business Facilitator solely registered to
Supplier Recipient Who is liable to pay tax deduct TDS u/s 51
GST=RCM=
Agent Business facilitator Agent u/s 9(1)
Business facilitator Bank Bank u/s 9(3)
GST = RCM = 
10 Business Correspondent Partnership firm

Sponsorship
Supplier Recipient Who is liable to pay tax 5 Supplier Overseeing Service Reserve bank of
service or
committee India
Agent Business BC u/s 9(3) Body corporate
correspondent
Business correspondent Bank BC u/s 9(1) GST = RCM = 
GST=RCM=
2
3 REVERSE CHARGE MECHANISM TAXKATEACHER - CA KARAN SHETH
Royalty 13 Renting of M/V

11
Important aspects to be remembered in RCM
Trf of copyright Any person
1. All the recipients should be located in Taxable *Author Publisher
GST@5% Body Coporate
u/s 13(1)(a), other than Renting of motor
Territory
Copyright Act, 1957 Body Coporate vehicle for Transport
2. Whenever the conditions of RCM are not satisfied, Music Composer Music Company of passengers
tax shall be payable as per FCM i.e. by supplier GST = RCM = 
Photographer/ Producer
3. Partnership firm always includes LLP Considerations
artist (Includes cost of fuel)
Recipient will pay tax as per RCM u/s 9(3)
* Author can opt to pay tax as per FCM
But if the conditions are not satisfied,
• Take Registration under CGST Act
Eg. Transportation of • File declaration with Jurisdictional CGST/SGST Commissioner supplier shall pay tax as per FCM
GTA Recipient that he wants to opt for FCM
goods service • This option shall be exercised for 1 yr. from date of excercising
1 Eg.
such option.
Invoice to be issued by him to publishes in Form GST Inv - 1 Inputs Body GST@5%
 Transport goods by road Person who is Body
CG Coporate
 Issues consignment note liable to pay tax Coporate
Input (FCM)
Renting of Service
2 GST Registered Except
GTA Registered Residential Registered
@5% Recipient Landlord ITC =  Except Inputs service of
Recipient who is
Dwelling Recipient Renting of m/v
solely registered
Pay tax u/s 9(3) for TDS u/s 51 for
ITC = RCM=  ITC = 
Residential Use
Exempt
Unregistered Factory, Except
• If above service is supplied to RP who is an GST@12%
3 GTA GST Unregistered Inputs
@5% society cooperative individual using it for personal use = Exempt. Renting of
Individual Input Sr Supplier Recipient
society, company • If above service is supplied to Unregistered CG M/V
HUF
registered under Recipient = Exempt. for Tr of
CTP
respective act passenger
ITC = 
(+)
P. firm (registered or not Pay tax as per
Exempt
under P. firm Act) FCM
Pay tax u/s 9(3)

14 Consideration Consideration
4 GST Any Recipient
GTA
@12%
GTA = Pay tax

1. Unregistered Individual,
u/s 9(1) Land Owner Promotor Land Owner Promotor
HUF, CTP Transfer of Development Long term lease of land
5 GST 2. Person solely registered
GTA
for deducting TDS u/s 51
Rights or FSI for (i.e 30 years or more)
@12%
construction of a project GST=RCM= GST=RCM=
GTA Service : Exempt
(1) Supplier has taken registration under CGST Act and has exercised the option to pay tax under FCM.
(2) He issues tax invoice to the recipient charging CGST at applicable rates.
3
4 SUPPLY TAXKATEACHER - CA KARAN SHETH
Sec.- 7 (1) (a) = All forms of Goods/Service + made for consideration + in course of business
7(1)(a)
Goods Service Consideration Business

Money
Movable property 1 G/Sr. w/o Consideration • If a Car dealer sells a car
Anything other than Securities
ie. Free G/Sr = Not a supply  In course of business, supply = 
Goods • If an actor uses his car for personal use &
Includes Donot Include 2 Consideration w/o G/Sr sells it
Includes = Seperate
Donation/Gift  Not in the course of business, supply = 
 Actionable  Money Consideration (+)
claims (+) Charitable Trust
(+)  Trade, Commerce, profession vocation
 Securities Use of Conversion Brokerage with
Purpose Philanthrophic Profit
money from
Note : PSLC = Goods = GST =  Activity or
Service motive
i. One currency to another currency without
Not a Supply
1$ = 70  Whether or not there is frequency, volume,
1000$ 70,700
Loan Interest regularity
70,000 700
Money Service
Money Service
Sec - 7 (1) (aa)
G&Sr= Exempt
G&Sr= GST =  Unincorporated G/Sr.
Members
Association
ii. One denomination to another denomination
Viceversa
1 note of 18 notes of
Deemed as seperate persons
`2000 `100
Any transaction of G/Sr Between
then is a supply u/s 7(1)(aa).
1800 200
Sec - 7 (1) (b)
Money Service (i) import of service + consideration +
business / personal purpose
G&Sr= GST = 
4
TAXKATEACHER - CA KARAN SHETH
Sec 7(1)(c): Deemed Supply Section 7 (1A) – Schedule II – Determination of supply of goods or services
CASES SUPPLY OF GOODS OR SERVICES
Activity w/o Consideration
1 Transfer of title in goods Supply of goods
2 Transfer of right to use without transfer of title Supply of service
3 Transfer of title in goods under an agreement where Supply of goods
Supply of Goods/ Import of Goods/ property pass at future date
Service Service 4 • Lease, tenancy, license to occupy land / building
Permanent Transfer
(+) (+) Service
(+) Principal Clarification: Transfer of Tenancy rights against tenancy
Related Person Related Person premium
Business Assets &
or or 5 Treatment/ process on goods supplied by another person Service
(+) Agent (ie Jobwork)
Distinct Person Distinct Person
ITC =  6 Renting of immovable property Service
(+) (+)
in Course of business in Course of business 7 Permanent = Goods
Intellectual property rights
Temporary = Service
8 Information Pre-packaged software = Goods
When Agent P-A is Technology Software Design, development Upgrade = Service
Issues invoice in covered Related Person Distinct Person
9 Work contract Service
his own name under i) Common directors
ii) Common partners 10 Supply of goods being food or any drink for human Service
Sch-I 25(4) consumption (ie Restaurant, Catering)
iii) Members of same family 1 D-Mart D-Mart
11 Transfer of Business Goods forming part of business Goods
Agent doesnot P-A is not Assets assets carried on by person who
ceases to be a taxable person
Issues invoice covered Spouse Parents, Grand Parents, R/P in Maharashtra R/P in Maharashtra
& Brother, Sister 12 If Entire Consideration is before CC or OC, w.i.e. Services
in his own under
Children (+) 25(4) If Entire Consideration is after CC or OC, w.i.e. Neither Goods Not Service
name Sch-I Wholly dependent 2 HUL HUL
13 Refrain from doing an act, tolerate an act Refer Clarification*
P DCA = Interest is iv) Holds 25% or more in both of them Refrain from doing an act, tolerate an act
R/P in Maharashtra R/P in Gujarat
is covered included in
25(5)
under Sch- I VOS u/s 80% 3 Adani Adani Refrain from an Act Tolerate an Act Agreeing to obligation to do an Act
X ltd. A ltd.
15(2)(d)
40% R/P in Maharashtra U/R/P in Gujarat
P DCA = Interest is B ltd. All above activities must comply two conditions
is not covered exempt
1) Express Agreement (+) 2) Consideration must flow in
under Sch- I A Ltd & B Ltd are R/P return for contract
vi) Third person controls both the persons Cases of Supply Cases where it is not a supply
vii) Both controls third person Ex : (i) Liquidates damages for breach of contract
v) Employer - Employee P ltd. Controls (1) Non-compete fees (ii) Damages to property
BOD
Compo (2) Shopkeeper allowing a hawker to operate (iii) Compensation for piracy
70% Gift upto 50,000 sition from common pavement in front of his
X ltd. Y ltd. ER EE C ltd. (iv) Cheque dishonour penalty
BOD shop (v) Penalty imposed for violation of any law
per employee Controls (3) Customer cancellation charges (vi) Forfeiture of salary in event of employee not serving notice
R ltd. p o si tion (4) Charges on pre-payment of loan
30% per FY Com period
Z ltd. (5) Early termination of lease before a certain (vii) Forfeiture of earnest money by selling in case of breach of an
P ltd. & R ltd. are R/P. period agreement to sell an immovable property
Y ltd. & Z ltd. are R/P. Not a supply (viii) Compensation given to previous allottees of coal blocks for
cancellation of their licenses pursuant to SC.
5
10) Funeral, burial, crematorium, mortuary 12) Functions entrusted to

Section 7(2), Schedule III [ NEITHER SUPPLY OF GOODS NOR SUPPLY OF SERVICES]
(+) panchayat under Ar. 243G
CG/SG/UT/LA
1) EE ER 2) Non Compete fees 3) Directors Transportation of deceased persons Municipality under Ar. 243W
Supply =  Not a Supply Not a Supply
i) Salary / Bonus Executive Director Non-Executive Director
As it is outside
ii) Bonus 11) Sale of Land of Building = Not a Supply
the ambit of
iii) Pension TDS u/s 192, IT Act TDS u/s 194J, IT Act
employment Note : L&B can be sold with/without development like levellig, laying drainage, water lines = Not a Supply
iv) Pre-mature Termination
v) Perquisites
ER - EE =  ER - EE = 
 Inter-State movement of various modes of conveyance between distinct person
Not a Supply Not a Supply Supply = 
L&T L&T
(Mumbai, Maharashtra) (Jalandhar, Punjab)
4) Fees paid to Court / Tribunal 5) Actionable claims
Conveyance
• carrying goods/passengers/both • For repairs and maintenance
Tribunal Consumer Arbitral Unsecured Lottery, Betting,
HC Dispute Redressal Tribunal debt Gambling Not a Supply
SC Commission
Maharashtra SG BB ki Wines
Not a Supply Not a Supply Supply =  Not a Supply Supply = 
Grant of alcoholic liquor licence  7(2)= Not a Supply
6) Supply without 7) Supply of warehouse
N/T/T N/T/T S goods before home R
entering india Clarification
consumption *The supply of books shall be treated as supply of goods as long as the supplier owns the
books and has the legal rights to sell those books on his own account.*
USA Not a supply China Not a Supply
Royalty
8) Supply of By Trf of After goods dispatch from
Author Book Store
goods by (+) document of (+) port of origin outside india
Consignee Title to goods before H/C Publisher
Transfer of Sell Books
(ie High seas Sales) Copyright
Cosideration
Not a Supply
Clarification :- Supply of goods
9) Functions performed by Duties performed by Duties performed by any PRINTING CONTRACT
MP, MLA, Member of any person who holds person as a Chairperson SECTION-8
Panehayat, LA any post in pursuance or a Member or a Director
in body established by Applicable rate of tax
of the provisions of
the Constitution in the Central Government PRINCIPAL Books, annual Tissue paper, envelope,
that capacity; or or a State Government or COMPOSITE Naturally bundled reports, pamphlets wedding cards
local authority SUPPLY SUPPLY
Principal supply Principal Supply
E.g. - PM, CJI, CAG, President Chairman / Director of 2 or more goods or
services for HIGHEST
IRDA, NHAI, SEBI MIXED single price. Printing Content Paper
SUPPLY (+) RATE OF TAX
Not a Supply Artificially Bundled Supply of service Supply of goods
6
5 COMPOSITION SCHEME TAXKATEACHER - CA KARAN SHETH
Section 10(1) Other Important Points

Manufacturer = 1% x (Taxable + Exempt) 1. Mention the words “composition taxable person, not eligible to collect tax on supplies” at
Restaurant = 5% x (Taxable + Exempt) the top of bill of supply& “composition taxable person” on every sign board at prominent
place of business
Trader = 1% x Only Taxable supply
Applicability 2. Compo taxpayer shall pay tax as per RCM at normal rate of tax.
In PFY, Aggregate T/o does not exceed 150 lakhs / 75 lakhs  All NES (Except Assam) + Uttrakhand.
Purchased G/Sr = 10 L Composition Sold goods = 100 L
In CFY, he can opt to pay tax under composition scheme upto 150L/75L Taxpayer
GST @12% = 1.2L GST @1%
Beyond that he shall start paying tax as per normal scheme. (within 7 days file intimation for
withdrawl in GST CMP-04)
100L x 1% = 1L
Aggregate Turnover
Input tax liability at
Includes Excludes Output tax liability
normal rate of tax
• Value of all outward supplies • ---CGST / SGST / UTGST / IGST / Cess

• ---Taxable supplies • --- Value of inward supplies on which Total tax liability = 1.2L + 1L
• --- Exempt supplies tax is payable under reverse charge.
• --- Exports = 2.2L
• --- Inter-state supplies
(Person having the same PAN on ALL INDIA BASIS NEW SCHEME FOR SERVICE PROVIDERS – 10(2A)
Note 1: in above outward supplies even supplies where tax is payable as per RCM is included.
5 Petroleum products In PFY, If Aggregate T/o does not exceed 50 lakhs.
Note 2: Exempt supply includes Nil rated supply,
Non taxable supply Alcoholic liquor for In CFY, can opt composition scheme upto Rs. 50 lakhs on first supplies of goods/ services
human consumption. beyond that tax shall be payable as per normal scheme u/s 9(1).
Note 3: Do not include interest/discount on loans, advances, deposits. (in CFY & PFY).
Rate • Fly ash bricks or fly
Sec 10(2) - [All these restriction are to be followed in CFY as Composition scheme shall be opted in CFY]
Rate = 6% x (Taxable + Exempt) ash aggregate Fly ash
• Supply of service other than restaurant should not exceed: 10% x T/o in PFY or 5L, w.i.h blocks
• not supply goods & service that are not leviable to tax (ie Alcoholic liquor, 5 Petroleum Products) Conditions • Bricks of fossil meals or
• not engaged in inter-state outward supplies of goods/service • not engaged in making any supply which is not leviable to tax similar siliceous earths
• not engaged in goods/service supplied through e-commerce operator • not engaged in making inter-state outward supply. • Building bricks
• not a Manufacturer of • Earthen or roofing tiles
• neither a casual taxable person nor NRTP
• Fly ash bricks or fly ash aggregate Fly ash blocks • not engaged in making supply through e-commerce operator.
Ice cream • Bricks of fossil meals or similar siliceous earths
Pan masala • not engaged in making supplies of Ice cream and other edible ice, Pan masala, tobacco &
• Building bricks
Tobacco • Earthen or roofing tiles aerated water
Aerated waters
• NRTP & CTP Cannot opt for Composition Scheme • shall not collect any tax from recipient & cannot avail ITC.
• If a registered person has more than one branch then all branches shall opt for compo scheme • shall issue Bill of Supply.
• Interest / discount on loan / advance / deposits shall not be added in CFY or PFY.
SEC 10(4): Cannot collect tax & not entitled to claim ITC
SEC 10(5): Penalty u/s 73/74 shall apply to a person fraudulently paying tax under composition scheme. First supplies of goods or services or both (Manufacturer / Trader / SP:
Include
For the purpose of determining eligibility T/o from 1st April to
When P.O. believes that RP is ineligible to pay tax U/S.10. (In CFY) Date when he becomes liable to register
 Issue SCN For the purpose of determination of tax
 Reply by RP within 15 days payable Donot include
 P.O shall issue order within 30 days from receipt of reply  Accept or deny. T/o from 1st April to
 Statement containing details of Stock within 90 days from the date option is withdrawn. Date when he becomes liable to register
7
6 TAX INVOICE, DEBIT NOTE AND CREDIT NOTE TAXKATEACHER - CA KARAN SHETH
TIME LIMIT FOR ISSUING TAX INVOICE

Section 31(3)(a)- Revised Tax invoice
FOR GOODS FOR SERVICES 1/4 1/7 6/7 15/7

Starts Date of becoming Applies for Grant of
his Liable to register (i.e, registration registration
Sec 31(1) Sec 31(4) Sec 31(7) Sec 31(2) Sec 31(5) Sec31(6) business aggregate turnover certificate certificate
exceeds Rs. 20 lakhs) within 30 days
MOVEMENT OF CONTINUOUS GOODS SENT ON SERVICES CONTINUOUS ON CESSATION
GOODS SUPPLY OF APPROVAL SUPPLY OF OF SUPPLY
GOODS SERVICES Registered person shall issue Revised Tax Invoice for all the taxable supplies
that have been made from effective Date of Registration upto Date of grant
of registration certificate within 1 month from date grant of registration
On or before On or before Date of approval within 30 days Meaning: When supply
ceases certificate
removal of issuance OR from the date of Service given
goods of statement of 6 months from supply on Note :
accounts date of removal recurrent
OR basis Section 31(3)(b)- Consolidated tax invoice Supplies Goods &
Date of payment for a period Services Unregistered
No movement w.i.e Banks,
more Supplier Recipient
of goods Insurers, Value of supply is
than 3 months less than Rs. 200 Unregistered
w.i.e FI, = 45 Days Registered Issues
recipient
NBFCs Supplier
(+) Consolidated R.T.I
On or before : with
On or before # PROVISO Recipient is unregistered
Date when supplier records periodic
delivery of (+) But If he is making Inter-State supplies
supply of service in his BOA Taxable Sr between payment
goods Where Value is exceeding Rs. 2.5L
OR Distinct Persons obligation Recipient does not require invoice
or making
Expiry of quarter in which
available for Banks, NBFCs, Telecom
such supply was made
recipient. Insurance Registered supplier instead of issuing individual Cannot Issue Consolidated R.T.I
w.i.e tax invoice shall issue Consolidated Tax invoice (Hence he shall issue individual R.T.I)
at the close of each day
TIME LIMIT Note : Multiplex theatres cannot issue Consolidated Tax Invoice
Section 31(3)(c)- Bill of supply Rule 49:

When due date When due date When payment
of of payment is linked with Composition Taxpayer
payment is is not completion or
Issues Registered Taxable + Exempted Unregistered
Recipient
ascertainable ascertainable of that event Person supplying Bill of
supplier Supply Recipient
Exempted Goods & Supply
Services
On or before due date On or before date of On or before date of
of payment the payment completion of event
Invoice Cum Bill of Supply
8
Section 31(3)(f)- Self invoice Rule 55-Delivery challan

Section 31(3)(d)- Receipt Voucher
Consideration Cases in which delivery challan is issued
Advance payment
Unregistered Supplier of Goods & Sr Registered Supplier Recipient Supply of liquid gas where Transportation Transportation of goods
Recipient the quantity at the time of of goods for job for reasons other than
Supplier = ` 10L Receipt Voucher removal from the place of work by way of supply
business of the supplier is (Eg. Sales Return Goods
not known sent on approval)
(GST@18%) R/R is liable to pay tax The delivery challan shall be prepared in TRIPLICATE, in case of supply
u/s 9(3)/(4) of goods, in the following manner:
Note- In case where supplier Section 31(3)(e)- Refund voucher
is a registered person, he shall R/R Shall raise Self Invoice on Original copy Original for consignee
issue tax invoice and hence in himself at the time of receipt
that case registered recipient of Goods & Service Duplicate copy Duplicate for transporter
shall not raise self-invoice as 1. Advance
R/R can avail I.T.C as Self Triplicate copy Triplicate for consignor
he is receiving tax invoice to
avail ITC. Invoice is valid document 2. Receipt voucher
u/s 16(2)(a) Registered Manner of issuing the invoice [Sections 31(1) & (2) read with rule 48]
Supplier Recipient
3. No supply + No tax invoice
Section 31(3)(g)- Payment voucher In case of taxable supply of goods In case of taxable supply of services
4. Refund voucher shall Invoice shall be prepared in Invoice shall be prepared in
be issued at the time of
refunding advance paid TRIPLICATE - Recipient, DUPLICATE - Recipient, Supplier
Any Supplier Registered earlier. Transporter, Supplier
(RP or URP) recipient
Supply of goods or service
Goods are sent in lots/CKD/SKD
Pays tax as S.No. Annual Turnover (AT) in the Number of Digits of HSN Code
per RCM u/s preceding FY Supplier Supplier
Payment voucher shall be issued at the 9(3) / 9(4) 1. AT < ` 5 crores For B2B supply - 4 1) Issue complete invoice before dispatch
time of making payment For B2C supply - 4 (optional)* 2) Supplier shall issue D/C for subsquent consignments with
2. AT > ` 5 crores For B2B supply and B2C supply - 6 reference of invoice
Summarising Section 31(3)(f) and Section 31(3)(g) 3) Copies of D/C (+) duly certified copy of invoice
Case I 4) Original compies to sent with last instalment
When supplier is unregistered and recipient is registered
1. Registered recipient shall raise self invoice at the time
of receipt of goods/service Supplier permitted to issue document other than tax invoice
2. Payment voucher shall be issued by registered recipient
at the time of making payment. Situation Type of Invoice
Case-II
When supplier is registered and recipient is also registered 1. Supplier of passenger transport service Tax Invoice shall include ticket in any form
1. Registered recipient shall not raise self invoice because
it’s the registered supplier who has issued tax invoice 2. Rule 46 : Insurer/ Banking company/Financial A Consolidated tax invoice/ any other document in lieu
to the recipient when goods or service are supplied institution, including NBFC thereof, by whatever name called
2. Payment voucher shall be issued by registered recipient
at the time of making payment. 3. Registered person supplying services by way of Supplier is required to issue an
admission by exhibition of cinematograph film in Electronic ticket &
multiplex screens.
9
DEBIT NOTE - SECTION 34(3) CREDIT NOTE - SECTION 34(1) Time limit for declaration in the return:
Supply has been made Supply + Tax invoice
Registered
Recipient Registered Payment Debit Note Sec Credit Note Sec
supplier + Recipient
supplier 1) Sales return 34(4) 34(2)
Tax invoice is issued
But 2) Supply received in deficiency In the month 30th November
Taxable value in which debit following the end of
or Taxable value 3) Taxable value or tax Taxable value note has been FY in which supply
is less or tax charged is more
tax charged in charged in such invoice or tax charged issued. was made or Actual
than i.r.t. such supply than
such invoice Eg. Post supply Discount i.r.t such supply date of furnishing
Annual Return, w.i.e
# R/S shall issue debit note # R/S shall issue Credit Note
# R/S = Registered Supplier
E-Invoicing
Case I : Treating Sales Return as ‘Fresh Supply’. Situations in which e-invoices are applicable
Applicability
Supplies Medicines Fresh Supply If manufacturer
 Supply of goods and/or services to a registered person
Manufacturer WH (Trader) Manufacturer If Agg T/o of a registered person in any FY by notified person [B2B supplies] = Applicable
(Normal Scheme) has availed ITC from 2017-18 onwards exceeds ` 10 crorers  Exports by notified persons = Applicable
& later destroys Then such registered is liable to issue  Supplies made by notified person, tax on which is
Tax Invoice
ITC= 1L Tax Invoice ITC = 1L it, then he shall e-invoice in case of B2B supplies (including) payable under reverse charge u/s 9(3) = Applicable
Availed Amount= 10L Availed Exports.  B2C supplies by notified persons = NA
Amount = 10L have to reverse  Invoices issued by Input Service Distributor = NA
+GST @ 10% = 1L +GST @10% = 1L the ITC that he Exemption from e-invoicing  Where specified category of supplies are received by
Total = 11L Total= 11L availed (ie 1L)
notified persons from unregistered persons [attracting
 Special Economic Zone units* reverse charge under section 9(4)] or through import of
 Insurer/banking company/financial services = NA
WH (Compo Fresh Supply institution including NBFC
Scheme) Manufacturer  GTA supplying services in relation to Advantages
(+) transportation of goods by road in a
Bill of Supply goods carriage  Auto-reporting of invoices into GST return
No ITC  Supplier of passenger transportation  Auto-generation of e-way bill
Pay Tax = 1% x Outward supply service  Substantial reduction in transcription errors
 Person supplying services by way  Early payment
of admission to exhibition of  Cost reduction
Fresh Supply cinematograph films in multiplex  Improved efficiency of business Reduction of tax evasion
WH (URP) Manufacturer  Elimination of fake invoices
screens
(+)  Government department
Commercial Invoice  Local bodies Note : E-Invoice without IRN is not treated as document
* SEZ developers shall issue E-Invoice No ITC shall be availed with such E-Invoice.
No ITC
Note: Required to declared on tax invoice-Not required to issue e-invoice
Case II : Sales Return by issuing Credit note
7 Dynamic QR code on B2C invoices
Rm-X M FG-X WH FG-X M If such
Expired goods
Cost = 5L
SP = 10L ITC Sales Return of are destroyed Applicability Non-applicability of requirement of Dynamic QR code
+GST = 50K
+GST = 1L avail Exempt Goods by mfgrer
1 All B2C invoices issued by a registered person Dynamic QR code is not applicable to an invoice issued to an
11L = 1L (+) whose aggregate turnover in any preceding unregistered person by following suppliers:
Issue D/C 8 financial year from 2017-18 onwards exceeds (i) Insurer or banking company or financial institution
3
` 500 crores will have a QR code. including NBFC
5 He shall reverse (ii) Goods transport agency supplying services in relation
Issue Tax Note :
2 the ITC of RM-X (ie to transportation of goods by road in a goods carriage
Invoice
Goods Manufacturer shall issue inputs) used for
If any supply made to UIN Holder = Comply
(iii) Supplier of passenger transportation service
4 have Credit note to WH at the manufacturing FG-X Dy. QR code (iv) Person supplying services by way of admission to
Not a RP exhibition of cinematograph films in multiplex screens
Expired time of sales Return 6
(v) Supplier of online information and database access or
∴This a B2C Supply retrieval (OIDAR) services.
10
7 TIME OF SUPPLY 8 VALUE OF SUPPLY
Section 15(1) Section Section 15(3)- Exclusion

Section - 12 TOS i.r.t goods Section - 13 TOS i.r.t Service 15(2)
Transaction Value Inclusions Section15(3)(a)
Conditions:- Discount = Before/at time of supply
Section 12(2) [normal charge] Section 13(2) [Normal charge] 1. Recipient is not related is allowed (+) Recorded in Invoice
TOS= Date of issue of invoice 2. Price is the sole consideration No claim Insurance company Policy Holder
OR w.i.e bonus
Last date of issue of invoice u/s 31 Deposit Premium = 10,000 Discount
When invoice is issued When invoice is issued (-)No claim Bonus = (2,000) allowed
31(1)- Movement of goods Net premium = 8,000 u/s.15(2)(a)
within 30 days from date after 30 days from date of
= Date of removal
of provision of services provision of services Refundable Not refundable Section15(3)(b)
Discount = After supply (+) Agreed Before /
31(1)- No movement of goods Not a part of Part of consideration is allowed At the time of Supply
= Date of delivery TOS= DOI or DOP TOS= Date of prov. of service or DOP (+) Linked to Invoice
consideration (+) Recipient shall reverse I.T.C.

Sec 15(2)(e)
31(7) - Goods sent on approval (w.i.e) (w.i.e) No GST GST = 
Subsidy should be directly linked to price
- Date of approval w.i.e Date of Payment - ie DOP Given by CG/ Given by other
or Sec. 15(2)(a) Sec. 15(2)(c) SG than CG/SG
-6 months from removal Date of credit entry in Bank a/c OR Taxes / Duties Incidental Expenses Subsidy is No effect Add it
Date of payment entry in books of supplier Except considered in
- Continuous supply of goods price
(w.i.e) i) GST Note : Freight & Insurance Subsidy is not Reduce it No effect
- Date of issuance of statement w.i.e ii) TCS considered in
or Note : # TOS in case where excess price
amount is upto ` 1000 Supplier pays Recipient pays
- Date of payment Sec. 15(2)(b) NOTE : Amount paid by CG to Acquiring banks for transactions made through
(Ex-factory) RuPay/BHIM UPI is to be considered as subsidy by CG directly linked to price
TOS = DOI Amt Liable to be
Composite Supply
Section 12 (3) [Reverse charge] paid by supplier,
Section 13(3) [Reverse Charge] Not to be Donot include in VOS V/s. 15 (2) (e)
has been icurred
Principal = Goods included in VOS
Date of receipt of goods. by recipient Sec. 15(2)(d)
Supply i) Rate of tax on I/P/L fees = Rate of Tax of G/S
or on behalf of
* DOP ii) Calculate I/P/L Fees on inclusive basis only.
* DOP supplier.
w.e.e or Include in VOS iii) If I/P/L is waived off = Donot include in VOS.
or w.e.e
61st day from DOI iii) Clarification Case II = Sellers sells but it is financed by bank.
31st day from DOI
Applicability of GST on delayed payment charges in
case of Late payment of EMIs. Sells Mobile phone
Croma KS
*DOP = Date of debit in Bank A/c. SP= Rs 40,000
or w.i.e Case I = Sellers sells it on hire - purchase
Date of payment Entry in Bo A/c of Recipient. This is transfer of Title of goods
Sells Mobile phone Value of Supply = TV u/s 15 = ` 40,000

Section= 12(4) [Voucher]
PROVISO to section 13(3): Croma KS
1) When supply --identifiable SP= Rs 40,000 Loan = Rs 40,000 @2.5% p.m.
TOS=Date of issue of voucher When supplier is outside India and Axis Bank KS
Late fees in case of delayed payment of (+)
2) When supply – not identifiable recipient is in India and both are associated EMI = Rs 500 p.m. Late fees in case of delayed payment of EMI = Rs 500 p.m.
TOS= Date of redemption of voucher enterprise (Eg: Holding Co & Subsidary Co) Payment are made in Installments Payment are made in Installments
Section 12(5) [Residual case] Rs 11,000 * 4 EMI’s = 44,000 + 500 = 44500 Rs 11,000 * 4 EMI’s = 44,000 + 500 = 44500
When TOS cant be determined TOS= Date of debit entry in the BOA of
u/s 12(2), 12(3), 12(4) then recipient w.i.e T.V u/s 15(1) 15(2)(d)
TOS = 1) If person files periodic return OR 40,000 4,000 Interest on Delayed payment of EMI’s
-Date of filing return Date of payment
2) Other case = Date when tax is paid Interest on Delayed payment of EMI’s Exempt under
Loan = Money Interest Represents
SECTION 13(4),(5),(6) Value of Supply = ` 44,500 Entry 27 part of
Section 12(6) = Interest / Late fees / Penalty Are mutatis mutandis to Represents G & Sr. = x repayment
Exempt
for delayed payment of consideration Section 12(4),(5),(6) part of of money
TOS = DOP consideration under Entry 27
11
9 REGISTRATION TAXKATEACHER - CA KARAN SHETH
Section 22(1)
In CFY, if the person is exclusively supplying goods & Agg T/o > 40 Lacs
In CFY, if Agg T/o* > 20L/40L/10L M anipur
M izo Exceptions
T ripura
Liable to register in that State where N agaland
he makes Taxable Supplies
Compulsory Voluntary Supplier of Icecream All North East State
Note : While calculating Aggregate Turnover Interest / discount Register u/s 24 Register Pan-masala, Tobacco (Except Assam)
on loans to be included. (+) (+)
Uttarakhand
Eg. 1 • Fly ash bricks or fly ash aggregate Fly ash blocks Telengana
• Bricks of fossil meals or similar siliceous earths
A ltd. A ltd. • Building bricks Puducherry
(Maharashtra) (Manipur) • Earthen or roofing tiles
Threshold limit = ` 40L ` 10L

of resp. branch (Taxable Supplies (Taxable Supplies Eg. 3 Section 22 (2)
of Goods) of Goods)
A Ltd. A Ltd.
(Mah) (Manipur) Register in
Previous Tax
Compulsorily Under GST
W.I.Lower Laws
register law
Taxable supplies of Non-taxable Supplies /
goods Exempted supplies of VAT Excise
∴ Applicable Threshold limit = `10L goods Customs Liable to = Appointed
Eg. 2 Service tax register date
` 35 Lacs ` 15 Lacs
Xltd. has two branches and it is exclusive supplier of goods.
X ltd X ltd SECTION 22 (3)
(Maharashtra) (Gujrat) Aggregate T/O = ` 50 Lacs Transfers
Business on
Transferor Transferee
Taxable supplies of goods In this case where in one state taxable Succession /
Non-taxable supplies of goods
supplies are made & another state non- Going Concern
taxable supplies are made &
Threshold limit applicable to 40 L Both have seperate threshold limits
both = 40L Liable to register = Date of transfer of business
∴ Applicable limit = 40L Ignore the lower Mah = 40L W.I.L

threshold limit Manipur = 10L SECTION 22 (4)
Agg T/o = 30L 40L Altd
= 70L Agg T/o includes both Only take the threshold limit of that State which makes
taxable supplies (ie Mah) & because the state with lower AB Ltd.
taxable & non-taxable
threshold limit makes non-taxable supplies. Bltd
supplies
Merged Arrangement ABltd is liable to
Conclusion Arrangment De-merger of register w.e.f.
Conclusion
Xltd will register only in tha state where it makes taxable Two or more companies Date when ROC
supplies (ie mah) ∴ A Ltd is liable to register only in Maharashtra state
issues COI
12
Section
Section2424= =Compulsory
CompulsoryRegistration
Registration
Inter-state supply Person supplying ECO CTP NRTP Person liable Agent who makes TDS
Through ECO who to pay tax taxable supplies on
deducts TCS u/s 51 Except deductor
i) u/s 9(3) behalf of his taxable u/s 51
Who collects ii) u/s 9(5) principal
Goods Service TCS u/s 52
CTP interstate supply
Goods Service of making Handicraft
Compulsory Register Eg. goods & craftsmen OIDAR
Register only after it Flipkart, ECO required upto 20L/10L Netflix U/R/P
Compulsory Register Service
u/s 24 exceeds Register TCS u/s 52, C/R = 
` 20L/` 10L only after it
u/s 24 OLX, ECO is not
exceeds Outside India In India
required to collect
Except ` 20L/` 10L Eg.
TCS u/s 52, C/R = 
Handicraft goods & is not covered u/s 52 Compulsory Online gaming, music,
Goods made by craftsmen Register book, movies
predominantly by hand u/s 24 Cloud computing Sr.
exempt upto 20L/10L Eg. Advertising on internet
Hand 30% 50% 70% Predominantly
Conditions M/C 70% 50% 30%
C/R u/s 24 C/R u/s 24 Exempt upto
 PAN = 
20L/10L
 Generates EWB = 
Section 27 - NRTP & CTP Section 23 = Exempted from Registration
Apply fo compulsory u/s 24 5 Days Commencement Registration valid for

maximum 90 days Agriculturist Person who is exclusively supplying
Registration prior to of business
Indvidual/HUF i) Exempted G/Sr
(+) Extension = One time for max 90 days (+) ii) Not liable to tax
Pay Advance tax on Net Estimated (+) Cultivates land (Eg. Liquor, Petrol)
liability Pay Advance tax again for the extended period
(+) iii) Outward supply where tax is
(o/p tax - ITC) payable as per RCM
Own
& Further Extension not possible
Deposit it with 1. Take Registration as normal Tax payer Labour Family
E-Cash ledger 2. No Advance Tax Insurance Service Insurance
Hired Eg. Agent Company
Note :
1. CTP / NRTP ≠ Compo Scheme
2. ITC is blocked u/s 17(5) to NRTP Exempted Register u/s 23
Except IGST paid on imported goods
13
PROCEDURE FOR REGISTRATION

PART II Aadhar Authentication
PART I
Application is with PO
Person becomes liable for Registration u/s 22/24
Who undergoes aadhar authentication
In case of New Applicant
within 30D : - Eff DOR = Date of becoming
Person if applies liable to register Case I Case II
after 30D : - Eff DOR = Date of Grant of RC
Where applicant
Declare in Part A - Form GST REG-01 i) fails to undergo A/A# Individual Others
Opt for Aadhar
or
ii) doesnot opt for it
PAN, Mobile No., State / UT Authenticate his Authentication shall
PO is satisfied or
iii) P.O deems it fit to carryout physical own Aadhar be done of Karta,
Post verification Details in Part - B verification of POB MD, WTD, Board of
Constitution of iv) Person has undergone A/A but data analysis/ Trustees Partners,
Email business Jurisdiction Authorised Signatories /
TRN is generated risk parameters warrant site verification.
Mobile No. option for Yes No Representative
composition Date Whether officer is satisfied
Use TRN to fill in Part B- Form GST REG-01 of commencement
Address of PPOB, APOB Grant R/C Issues Deficiency Notice Following person have been exempted
in 7 working within 7 working days from from Aadhar authentication
Application shall be forwarded to P.O for verification days from D.O.S.A * • A person who is not a citizen of India
D.O.S.A* Seeking clarification / Yes No • Department or establishment of State
Date of Date of Aadhar Authentication information / documents Government or Central Government
submission of = or OR from applicant Grant R/C in Issues deficiency Notice • Local authority
Application 15 days from date of submission of Part-B 30 working within 30 working days • Statutory body
Otherwise days from from D.O.S.A * • Public Sector Undertaking
Deemed Reply within 7 working D.O.S.A * Seeking clarification / • A person applying for Unique Identity
W.I.Earlier approved days from Notice information / documents Number under section 25(9)
OR
Otherwise Reply within 7

PO is satisfied Deemed working days
approved RP shall undergo Aadhar Authentication
from Notice to become elegible for
• For Filing of Application for Revocation
of cancellation of RC
Yes No • Filing of Refund Application in RED-01
Yes No • Refund of IGST paid on goods exported
Grant R/C Reject the out of India.
in 7 working Application Grant R/C in 7 Reject the
days of working days of Application
Reply Reply
OR
OR
Otherwise
Deemed R/C Otherwise
Deemed R/C
*Dates of submission of application
#A/A = Aadhar Authentication 14

Sec. 25(8) Sec. 25(9)

Other Important Points
 Seperate Registration of units having same PAN is
necessary when i) Any specialized agency of UNO
ey or
i)
ii)
Units are in different states / UT
SEZ & Non SEZ units in the same State / UT surv enquiry ii) Any Multilateral Financial Institution
Due to any Inspection or
 Person can apply for voluntary RC u/s 25(3)
Sear ii) Foreign Embassy / Consulate
ch
Distinct Person
Person is liable to register Require UIN = 
But
25(4) Fails to register
1 D-Mart D-Mart
To claim refund of taxes paid on notified
P.O may register the said supplies of goods / Services received by him
R/P in Maharashtra R/P in Maharashtra person on temperory basis and
25(4) issue on order
2 HUL HUL P.O Shall assign ⇒ Within 3 days from
UIN after receiving D.O.S.A
Such Person shall either recommendation from
R/P in Maharashtra R/P in Gujarat MEA
25(5)
3 Starbucks Starbucks Accept (that he is liable) Appeal
R/P in Maharashtra U/R/P in Gujarat Submit an application

for registration within
 90 days from the date AA sets aside AA upholds
Person deducting TDS = Require TAN
= Require PAN of grant of temporary order issued order issued
Others by P.O by P.O
registration,
Require Self Assured valid passport
Except : NRTP
Business Entity = Tax Identification No. No Apply for RC
Registration within 30 days
from date of
such order
Section 28 = Amendment in RC
Change in Submit Verification Docs are Approve
Core fields Application by P.O within complete &
by R/P or to P.O within 15 WDs correct
Core field Non-Core field Any change resulting UIN 15 days from 
i) Legal name of business into change in PAN is Date of such Docs are
ii) Address of PPOB / APOB i) Email ID not covered u/s 28 change. incomplete &
iii) Add / Delete / Retirement of ii) Phone No. (+) incorrect
partners / kartas / Board of Documents  Approve
Trustees, CEO responsible for required Issue SCN
P.O Amendment
day to day affairs of business Reply by
Upon submission RC Shall
stands amended Verify through OTP RP within
7WD within
Permission of P.O = Required 7WDS* Reject
Either Amendment
within 7WD
* P.O doesnot take any action within 15WDS/7WDS = Deemed Amended
15
Sec 29: CANCELLATION OF REGISTRATION Procedure Of Cancellation
Event Apply for cancellation Order of cancellation

Sec 29(1) : On application made by RP Sec 29(2) : cancellation done by P.O RP within 30 days of
Business discontinued shall be passed within 30D
Cancel occurence of such
 Business has been discontinued Trf fully by merger, sale, death from date of submission of
R/C event
 Transferred fully for any reason like death, Change in constitution etc application for cancellation
merger, amalgamation- RP (voluntary Reg) Reg obtained by
 Change in the constitution of business fraud, wilful PO issue SCN Reply to SCN has P.O finds Reply
Not commenced business or P.O
Eg. P. Firm LLP, Eg. LLP Company as why his to be submitted
within 6m from misstatement Cancel R/C Shall not within 7days of
Satisfactory Not Satisfactory
 Taxable person no longer liable to be D.O. Registered R/C
registered u/s 22/24 or or be cancelled service of notice Pass cancellation order within
Non filing of Returns Drop proceedings
Eg. Supplier of taxable goods / sr is exempted suppression 30days from Date of reply of SCN
now of facts
 who intends to opt out of voluntary Composition Dealer Normal Taxpayer Section 30 : Revocation of Cancellation r/w rule 23
registration
Beyond 3m from D/D of within 30 days or Appn
contravention of Act/Rules by RP Monthly filer Quarterly filer PO satisfied Issue
furnishing return Reg 21 Revocation
Continuous 6 Continuous 2 Regn Extension order
months tax periods Cancelled AC/JC : 30 days PO not Issue within RP to within
By PO Comm : 30 days
satisfied SCN 7 WDs reply 30 days
Doesnot (Suo
Issues Invoice Rule 10A* o/w Supplies declared moto)
conduct Details
business from
without Supply
of G/Sr
Violates Rule 86B
Sec 171 of o/w in > by him in his valid
return u/s 39
Po not satisfied PO satisfied
declared POB Sec 16 i.r.t. ITC GSTR-I
Revocation issue Revocation
Case I : Prospective effect order Application
*Rule 10A = Furnishing bank a/c details.
Time limit = Within 45 days from date of Grant of RC Returns for pending period to be Returns from D.O cancel to D.O Rev
or W.I.E filed before applying for to be filed within 30 days of the
Due date of furnishing return (ie. u/s 39) revocation of cancellation order of revocation of cancellation
Suspension of R/C
Date from Date of order of Date of order
which returns cancellation of of
1) Reasons R/C can also be suspended by P.O where is not furnished registration revocation of
comparison of
(i) When RP (ii) When P.O cancellation
himself applies for cancels R/C of RP Effective date of of registration
cancellation u/s. u/s. 29(2) & Rule 21 Return filed u/s 39 & Details-o/w Supplies in GSTR-I cancellation of registration
29(1) (ie GSTR-3B) or
Details - I/W Supplies in GSTR - 2A
Case II Retrospective effect
If the analysis of such comparison indicates Returns for this period to be filed within 30 days of the order of
2) Eff Date of = Date of submission Significant differences / anamalies
or Date from which revocation of cancellation from Date such returns were pending upto D.O Rev
suspension
cancellation is sought Indicating contravention
R/C shall be suspended Date from which Date of order of Date of order of
W.I. Later
returns cancellation revocation
Date as determined by P.O after giving OOBH not furnished of registration of cancellation
Effective date of of registration
3) Consequences : RP cannot make taxable supplies or shall not file any returns u/s. 39
cancellation of
4) Where any order having effect of revocation of suspension of Registration has been passed, the provisions of
registration
Sec.31(3)(a) and Sec.40 i.r.o. supplies made during period of suspension.
*Date of Service of Cancellation 16

10 PAYMENT OF TAX TAXKATEACHER - CA KARAN SHETH
MANNER OF UTILIZATION OF I.T.C. B. Electronic Credit ledger
Credit Liability Debit Amount (DR) Credit Amount (CR)

1 • Credit amount of this ledger may be • ITC as self-assessed in the return
1) IGST IGST used for payment of output tax viz in the form of IGST, CGST, SGST,
CGST/SGST IGST, CGST, SGST, UTGST , CESS UTGST, CESS
2
In any order/ any proportion
C. Electronic Liability Register
(first exhaust balance of IGST)
Debit Amount (DR) Credit Amount (CR)
1 • Amount payable towards tax, interest, • E-Cash Ledgers
2) CGST CGST fees etc.
IGST
• Tax or interest payable
2 • Any other dues
• Amount payable towards output tax • E-Credit Ledger
1
3) SGST SGST
IGST*
2 A. Electronic Cash Ledger
Notes * SGST (Assume it as an account statement provided by bank, for easy understanding)
 Credit can be utilized to pay off IGST liability only if CGST credit is over.
 Credit of CGST cannot be utilized to pay liability of SGST Debit Amount (DR) Credit Amount (CR)
 Credit of SGST cannot be utilized to pay liability of CGST Interest • Credit amount of this ledger may be • Any deposit made towards tax,
used for payment of tax, interest, fees interest, penalty, late fee etc.
Interest on delayed payment of tax Value etc. via internet banking, RTGS, fund
• Remaining credit balance amount after transfer etc.
Standard Rate = 18% p.a payment of above tax etc. will be • TDS/TCS claimed
refunded to taxable person.
Every person who is liable to pay Where ITC has been

but fails to pay on his wrongly availed & utilized
Month Opg Eligible ITC ITC wrongly Total ITC Output Cl. Balance Amt on
Balance in availed Liability E-Credit which Int is
Value When balance in E-Credit ledger fall E-Credit Ledger applicable
below ITC wrongly availed, Extent of
Ledger
such ITC utilization shall be amount by
Net Gross which balance in E-Credit ledger falls April - 7L 50K 7.5L 7L 50K -
Basis Basis below the ITC wrongly availed. May 50K 5L - 5.5L 5L 50K -
[o/p tax-ITC] [ie. Amt that is unpaid]
June 50K 3L - 3.5L 3.3L 20K 30K
Date of utilization of ITC July 20K 6L - 6.2L 6.2L - 20K
When there is When there is delay
delay in payment in payment of tax 1) When return is filed 2) Others
of tax due to mistake in self = Due date of filing Date of debit in
delay in filing Interest Starts from
assessment in earlier return u/s 39 E-Credit ledger
return u/s 39 return & that is or when balance in D/D of filing return or Actual date , W.I.E
noticed either suo- Actual date of E-Credit ledger fall filing return
moto filing return below the amt of
or demanded by P.O ITC wrongly availed. ie = 20th July or 25th July , W.I.E
u/s 73/74 Given
17
E-ledgers
Rule 86B
E-liability E-Credit E-cash In case where the value of Taxable supplies Exceeds ` 50 lacs
[Other than = zero-related + Exempt Supplies]
1. self assessed output 1. E-credit ledger 1. Can be utilized to pay
tax, penalty, late fees, represents I.T.C off Output Tax, interest, E-Credit Ledger can be used only to the Extent of 99% of its output tax
interest of previous tax late fees, Penalty
period 2. E- credit can be utilized
only to pay off Output 2. Money can be infused Eg. Outward supplies = ` 100 Lacs Computation of tax liability
2. self assessed output tax through:
tax, penalty, late fees, a) NEFT/ RTGS (GST@18%, excl.) Output tax = 18Lacs
b) Debit/Credit card
interest of current tax Note :
c) Net banking (-) ITC = (17.82 Lacs) (99% x 18Lacs)
period Input tax liability as per
d) UPI E-Credit ledger Bal = ` 20Lacs
RCM to be paid only through E-Cash Ledger = 18,000
3. Tax & other dues E-cash e) IMPS
demanded by PO u/s 1. Pay through E-cash F) Cash/cheque/DD
upto Rs. 10,000. per tax
73/74 2. Avail ITC for the same
period. Cases where Rule 86B doesnot apply
to recover outstanding dues including
attachment proceedings or sale of Exception
1. P.O moveable/ immoveable properties
Where the said Where the RP pays o/p Where the
to collect the amount by way of cash/cheque/ registered person
demand draft during any investigation/ person/proprietor/ tax through registered
karta/managing has received a
enforcement activity refund of more E-Cash ledger person is:-
director / any of its than ` 1 lakh in In Excess of 1%
2. Govt Dept. two partners, whole • Govt Dept.
the preceding Total Output tax
Major & Minor Heads of E-Cash ledger - time directors, FY on account of liability output • PSU
members of Managing unutilised ITC in tax libility upto • Local authority
E-cash balance can be trf between Committee of case of
Tax Distinct Person said month • Statutory body
IGST Minor Interest Associations or Board (i) ZRS (ii) IDS comulatively.
Major CGST Penalty of Trustees, as the
Heads SGST / UTGST Heads case may be, have
Fee HUL HUL
Cess Others paid more than ` 1
(Mah) Can be (Guj) lakh as income tax
GST PMT - 09 Form can be used to E-Cash Trf to E-Cash in each of the last 2 2 (iii) condition
Bal Bal financial years. Checking of Rule 86B
i) Transfer Erroneous deposits under any minor
head of a major head to anyother minor head of = O/P tax > 1% x total o/p
same or other major heads. Payable tax upto
Only if through said month
ii) Transfer of any of amounts already lying
unutilized under any of the minor heads in Condition : Transferor has paid E-cash cumulatively
E-Cash ledger.
all its liabilities in 1 April May June
his E-Liab ledger
Taxable = 10L 20L 60L = 1L > 1% x (10L+20L+60L)
Rule 86A supplies = 1L > 1% x 90L
(GST@10%)
If commissioner/officer authorised by him has a reason to believe that ITC available in e-credit ledger
has been availed fraudulently/is ineligible He may not allow to debit such amt=credit in e-credit ledger E-Credit = 30K 1.7L 7L
= 1L > 90K
Ledger
Grounds for disallowing debit from e-credit ledger
Credit is availed by RP
Balance 3 This case is covered under (iii) exception &
i) ITC is availed on the invoice,debit notes where the supplier/recipient is non-existent / or found (Given) hence R-86B shall not apply as hence 100%
not conducting business from declared POB ITC can be audited
ii) on invoices,debit note on which tax in respect of which has not been paid to govt O/P tax = 1L 2L 6L Computation
iii) w/o having invoice,debit note
iv) w/o actually receiving G/Sr (-) ITC = (30K) (1.70L) ? O/P tax = 6L
Total amount of fraudulently availed ITC Officer 70K 30K ? (-) ITC = (6L)
Not exceeding 1Cr Deputy comm/Assistant comm Nil
Above 1Cr but not exceeding 5Cr Additional comm/Joint comm
E-Credit ledger balance of ` 1L (7L-6L) shall be C/F
Above 5Cr Principal Comm/Comm
* ZRS = Zero rated supply w/o payment of tax 18

* IDS = Inverted duty structure
11 INPUT TAX CREDIT TAXKATEACHER - CA KARAN SHETH
SECTION 17(1)
SECTION 16(1) SECTION 17(4) = Banks, FI (Incl. NBFC)
Common tly
RP can avail ITC on Inputs, capital goods, inputs service used in the course of business G/Sr. par ess
e
u s sin abl
R/P
b tax
par Common G/Sr. Sr
Sec 16(2) – Conditions for availing ITC ITC =  per tly Banks FI
son
al
(incl NBFCs) exe
Only attributable for mp
ITC x 50% Sr
t
business purpose
Sec 16(2)(a) Sec 16(2)(b) Sec16(2)(ba) Sec16(2)(c) Sec 16(2)(d)
SECTION 17(2) lud
e Exception
The details of Tax charged (inc ero
Recipient should Only after receipt of Goods or Recipient has e
z
e d
When they supply G/Sr to distinct person
abl
t
ra ies)
Common G/Sr.
possess: Services ITC in respect to recipient to furnish tax ies suppl
pl
Except of said supply should be R/P sup
• tax invoice return U/S 39 exe
mp Axis Service Axis
ITC
• debit note i) In case where goods are communicated actually paid [GSTR-3B] sup
plie
t
Bank 10L+GST@12% Bank
s
• self invoice received installments to such to govt. by
Taxable T/O Common (Mah) (Guj)
• revised tax invoice. registered supplier X = 
ITC will be on receipt of last Total T/O ITC 100% ITC is allowed
• bill of entry person has [Note-1] ITC =1.2 L
installment Exempt T/O Common
• ISD invoice not been X = 
Total T/O ITC
ii) In cas of Bill to Ship to restricted Proviso to Sec 16(2) SECTION 17(5) = Blocked Credit
model u/s 38. Recipient has to pay =
Sec 16(2)(aa) Value + Tax within 180 Rule 37A * Motor vehicles
Supplier Recipient Billed to days from DOI
S R
Exceptions: Transport of passengers Transport of goods
Outward Reflect Mr. X ordered 1) Tax is payable as per
Mr. X Mr. Y Does not Recipient
supplier in inward Mr. Y to send RCM Outside 17(5)
furnish GSTR- shall have to Seating capacity upto 13 Seating capacity more
in GSTR-1 supplies in goods to Mr. Z 2) Deemed Supply
GSTR-2B Delivered 3B for which he reverse ITC on persons (incl Driver) than 13 persons
3) Where additions has furnished or before 30th ITC =
it to Mr. Z are made to supplier’s GSTR-I/IFF Nov. foll the FY Covered u/s 17(5) Motor vehicles doesnot
liability u/s 15(2)(b) till 30th Sept. when such ITC Outside ambit of
Mr. Z sec 17(5) include :
following the was availed ITC = i) Trains
ITC =
It is deemed that Mr. X has received Goods. end of FY Except:- ii) Special purpose vehicles for
1. Further supply of motor vehicles being used in factory or any
(i) by any registered person within such period of taking registration as may be prescribed; or Note : Such Reversed 2. Transportation of passengers
ITC can be reavailed if enclosed premises
(ii) by any registered person, who has defaulted in payment of tax and where such default has continued for 3. Imparting motor vehicle skills iii) Two/three wheeler
such period as may be prescribed; or the supplier furnishes
(+)
(iii) by any registered person, the output tax payable by whom in accordance with the statement of outward return in GSTR-3B.
Engine capacity upto 25 cc
supplies furnished by him under the said sub-section during such period, as may be prescribed, exceeds
the output tax paid by him during the said period by such limit as may be prescribed; or
General Insurance, Repairs & Maintenance, In the case of purchase of
(iv) by any registered person who, during such period as may be prescribed, has availed credit of input tax of
an amount that exceeds the credit that can be availed by him in accordance with clause (a), by such limit Servicing charges Vessel/Aircraft
as may be prescribed; or
(v) by any registered person, who has defaulted in discharging his tax liability in accordance with the provisions
of sub-section (12) of section 49 subject to such conditions and restrictions as may be prescribed; or Normal Special Covered u/s 17(5) O/s section 17(5)
(vi) by such other class of persons as may be prescribed. 19-May-2023 Indirect Tax GST, Taxpayers
Covered u/s 17(5) i) Manufacturer of M+V+A • Further supply of
ITC = vessel/aircraft.
(eg. Tata motors)
SECTION 16(4)-Time limit for availing ITC ii) General Insurance Co. • Transportation of
SECTION 16(3) ITC =  passenger
30th November following the FY in which invoice/ (eg. Bajaj Allianz)
RP has claimed dep on tax component of • Imparting training of
debit note pertains iii) Person who can avail ITC of
cost of CG = No ITC M+V+A (eg. Driving school , such vessel/aircraft.
OR • Transportation of
 Input GST is capitalized = No ITC neeta travels, Car dealer)
Actual date of filing annual return for relevant FY goods
 Input GST is not capitalized = ITC = 
Whichever is earlier I.T.C. =
19
Works Contract
Membership & Travel Renting of M/V, Life Insurance,
1. Membership of Health & Health Insurance, Food
Fitness Centre Beverages, Outdoor catering, Normal Special Case
2. Travel benefits Beauty treatment, Health
services,Cosmetic & Plastic
E.g. E.g.
ITC =  Surgery W/C W/C
W/C Sr. HUL Own Oberoi Builders
D-mart immovable
Except
Ednovate property P&M :
ITC =  Includes : such foundation
If above items are procured by Normal ITC = 
Employer under & structural supports
Statutory obligation = ITC =  Except
Company Policy = ITC =  ITC of above items shall W/C Sr. Excludes : L& B,
not be available even if it HUL Telecommunication tower,
is in the course of business. D-mart Own P & M Pipelines land outside factory
ITC =  Ednovate premises
ITC =  Construction on own account

ITC not allowed when goods or
services or both-
Except Normal Special Case
1. purchase from a Compo Tax Payer
E.g.
Compo Normal E.g.
Tax Payer Tax Payer If above items are inward supply Cement
Cement HUL Own Raheja Construction
used for making outward supply D-mart immovable Labour Builders Service
ITC =  Labour
Service Ednovate property Service
2. Used for personal consumption
3. Stolen destroyed, disposed of
Inward Outward
R/P
by way of ITC = 
gift or free sample. Construction on own account
ITC = 
It can be same or Common point
one of the elements If the expense is = Not a part of
Imported Goods of composite or
ITC =  debited to P/L immovable property
mixed supply
ITC =  Except ∴o/s purview of 17(5)
But
Imported Service ITC = 
NRTP If above items are purchased by Cement HUL
Employer under D-mart Own P & M If the expense Part of immovable
ITC =  Labour
Statutory obligation = ITC =  Ednovate is capitalized = property
Domestic G/Sr. Service
Company Policy = ITC = 
Construction on own account Covered u/s 17(5)
ITC = 
ITC =  ITC = 
20
SPECIAL CASES FOR ITC (SEC- 18) Section 18(1)(d): ITC when exempt supply of a Registered Person becomes taxable
Section 18(1)(a): Availment of ITC for new registration
1/4 30/9 1/10
1/4 30/9 1/10 5/10 10/10
Person is supplying *Input contained in Govt. withdrawn
exempted goods or RM/WIP/ FG exemption notification
*Inputs contained Date when Applied for Date of services on such supply
in RM, WIP, FG person liable to Registration grant of
register (within 30 registration
days) certificate * 18(2) r.w 18(1)(a)/(6)/(c)/(d) ITC =
u/s 22/24
ITC = No ITC can be availed of Input/CG *Capital goods
Capital goods of Invoice older than 1yr
ITC = ITC -5% per quarter or part thereof *

ITC= *Date of Invoice (Count from next day) = xxx
Date of withdrawl of Exemption/ when normal scheme starts = xxx
Section 18(1)(b) : Availment of ITC in case of voluntary registration No. of Quarters (Always count from next day & End a day before) = xxxx
* When such transition takes place from Ex to T if person is RP = 18(1)(d)
1/4 5/10 9/10 10/10 If person is URP = 18(1)(a)
Apply for *- Inputs contained SECTION 18(3): ITC IN CASE OF TRANSFER OF BUSINESS
Grant of
Registration in RM/FG /WIP registration
Certificate certificate Value of Assets
1 Change in In case of demerger: - ITC to be apportioned in ratio of
ITC = constitution of value of assets of new units (to be taken at State level) &
(Voluntary)
- Capital Goods registered person not All India level
Eg: - XYZ is registered in MP & UP.
Sale/Merger/Demerger/ Total value of assets = 100cr (MP = 60cr, UP = 40cr)
ITC= Amalgamtion/lease/Transfer XYZ demerges into ABC & trf assests of 40Cr to ABC
or change in ownership of Assets of XYZ = 30Cr trf to ABC (MP)
business = 10Cr trf to ABC (UP)
Section 18(1)(c): ITC when composition scheme opted out
Unutilized ITC of XYZ to be trf to ABC
1/4 30/9 1/10
2 Provision for 30Cr 10Cr
State Level MP = = 0.5 UP = = 0.25
transfer of liabilities 60Cr 40Cr
30Cr 10Cr
Person paying tax as per * Input contained in India Level = = 0.3 = = 0.1
composition scheme
Started paying tax as 3 ITC remaining 100Cr 100Cr
RM/WIP/ FG per normal scheme
(Eg. Agg T/o > 150 Lacs) unutilized in the
electronic credit • The ratio of value of assets shall be applied to the total
ITC = amount of unutilized ITC of the transferor, i.e. sum of
ledger is transferred
to the newly CGST, SGST/ UTGST and IGST credit.
*Capital goods • The said formula need not be applied separately in
constituted entity respect of each heads of ITC (CGST/ SGST/ IGST).
ITC = ITC -5% per quarter or part thereof *
21
REVERSAL OF ITC
SECTION 18(4): SECTION 29(5)

1) When a supplier who pays tax as per normal scheme opts to pay tax U/S 10
Amount payable on cancellation of Registration
[composition scheme]
1/4 31/3/19 1/4/19 In respect of inputs In respect of CG

Opted to pay tax as per Input contained in
normal scheme RM/WIP/ FG ITC availed x Remaining life
ITC on inputs on (in months)
Opted to pay tax
Reversal of ITC = Amount as per composition Basis of Invoices 60 months
availed on basis of invoice scheme OR
Capital goods: OR
O/p tax payable on
TV x Rate of tax
Remaining useful life such inputs
Reversal of ITC= ITC availed x
60 Months
W.I.H
W.I.H
2) When a taxable goods or services supplied becomes exempted goods or
services as exemption notification issued by govt.
1/4 30/9 1/10 SECTION 18(6): SUPPLY OF CAPITAL GOODS

Reversal of ITC to the extent of = ITC availed = 5% per quarter or part thereof*
OR
Transaction value × rate of tax,
Supplying taxable goods or Input contained in Govt. has notified goods
service [whichever is higher]
RM/WIP/ FG or service to be exempted
DOI = xxx
Reversal of ITC= Amount availed on basis of invoice Date when CG is sold = xxx
Capital goods: No. of Quarters = xxx
Reversal of ITC= ITC availed x Remaining useful life

60 Months moulds, dies, jigs. & fixtures : TV X rate of tax
22
12 RETURNS TAXKATEACHER - CA KARAN SHETH
Who will file Form GSTR-1 and Form GSTR-3B?

Nil Returns*  Nil GSTR-1/3B
Normal Taxpayer (Including CTP) 1. No business activity is done
2. Can be filed through SMS by OTP facility
Tax Period: April Form GSTR-1 can be filed only after the tax period is over except –
- in case of cancellation of registration certificate of a normal tax payer,
- closure of business by a casual taxable person
1st – 11th May 14th May 20th May
GSTR-1* GSTR-2A/2B GSTR-3B Can Return be revised?
Rectification of Errors
Due date of rectification of error in Form GSTR-1/3B There is no mechanism
Details of Outward Supplies Details of Outward supplies to revise the returns for
• Actual date of filing Annual Return
Inward Supplies Inward supplies any correction of errors
Or
Output tax
• 30th November Following the FY to which W.I.E
Auto-populated ITC
Such details pertain Rectification of errors/
on the basis of Net tax payable
B2B B2C omissions is allowed in
details filled in +
Payment of tax subsequent returns
GSTR- 1
by supplier
Intra Inter Intra Inter But it shall be effective
only if done within time
Consolidated limit
Invoice details Invoice value Invoice value > Rs. 2.5L
wise upto Rs. 2.5L
Ammendment  Rule 88C
details
Invoice No., GSTIN, % of Tax, State wise Invoice Liability of GSTR-1 for a tax period > Liability of GSTR-3B for that period
CGST, SGST, IGST, Cess consolidated details wise details
RP shall be intimated on portal of such difference
* Note 2 -
Cases where RP is debarred from IFF/GSTR-I
i) A registered person shall not be allowed to furnish the details of outward Pay the diff tax or Explain the diff
supplies in Form GSTR-1, if he has not furnished the return in
Form GSTR-3B for preceding months.
(ii) A registered person, opting for QRMP scheme shall not be allowed to furnish within 7days
the details of outward supplies in Form GSTR-1 or using IFF, if he has not
furnished the return in Form GSTR-3B for preceding tax period.
(iii) Intimation to pay or explain the difference in GSTR-1 & 3B received u/s 88C If amt is not paid or reply given is not acceptable by PO
Recovery of tax shall start v/s 79.
Note:- RP to whom intimation is issued shall be debarred from filing GSTR-1/IFF till he
pays or explains the diff.
23
Composition Tax Payer Final Return

GST paid on UIN
Payment of Tax Returns Who shall file = Normal tax payer including CTP whose Registration inward supplies Holders
Form No GST CMP - 08 GSTR - 4 Certificate has been cancelled or surrendered
Form No = GSTR-10 ITC = Refund
Due date 18th of month following the quarter 30th April of next FY Due date = Within 3 months from
Example Date of cancellation Whichever is later
Period Due date Period Due date Or File GSTR-11
April - June 18th July FY 20-21 30th April 2021 Date of cancellation order
July - September 18th October Nil return Service
October - December 18th January  No business activity Annual Return OIDAR U/R/P
 Can be filed by SMS
January - March 18th April through OTP. Who shall file = All registered person except O/S India
1) CTP 2) NRTP
NRTP 3) ISD 4) TCS u/s 51 / TDS u/s 52
5) OIDAR outside India  U/R/P in India File GSTR-5A
Form No: GSTR – 9 = Normal Tax payer
Payment of Tax Return Due date: 31st December of next FY D/D = 20th of next month
Form No - GSTR - 5
Due date Advance tax at the time 13th of next month Note:
of applying Registration Or 1. Every registered person whose Books of A/C are subject to GST audit u/s 35(5) shall also furnish
Certificate 7 days from expiry of W.I.E. a copy of audited annual accounts & Reconciliation statement on self certifcation basis alongwith
Registration Certificate Annual Return.
2. Reconciliation Statement reocnciles the value of supplies declared in the return furnished for the
financial year with the audited annual financial statement and such other particulars, as may be
prescribed.
First Return
All the outward supplies made from date of becoming liable to register upto the date of grant
of registration certificate shall be filed in First Return.
Example
Date of becoming liable to register 26/04 Date of grant of registration certificate 4/05
Outward supplies b/w 26/04 and 4/05 to be filed in Form GSTR-1 on 10th May
&
Tax shall be paid in Form GSTR-3B on 20th May
Notice shall be sent to U/s 39 U/s 44 U/s 45 U/s 52

Section 46
RP who fail to file return
Normal Annual Final TCS
Return Return Return Statement
RP Shall furnish return within 15 days of such notice

24
Submitting details of outward supplies. Payment of Tax GST PMT-06 from (Monthly)
QR MP Scheme
1
Jul Aug Sept 1st Month 2nd month End of Qtr
In PFY, if Agg T/o is upto ₹5 Crores
Then Details = *IFF IFF GSTR-1 Payment = PMT-06 PMT-06 PMT-06
In CFY, RP can opt for QRMP Scheme o/w (Optional) (Optional) (Compulsory) Challan
supplies Due = 25th of 25th of Along with
2Condition: Date succeeding succeeding return
1. Taxpayer must have furnished his last return D/D 13th Aug 13th Sept 13th Oct
month month (i.e. 22/24
on due date. month)
2. RP does not have to exercise the option Note
every quarter, once taken they shall 1) Value of supply Shall not ₹50 lacs per
continue to furnish the return for future in IFF exceed month
tax periods unless Methods of payment
i) They become ineligible (ie. crosses 5 Crores) 2) Invoices uploaded in IFF = B2B
or and
ii) For furnishing monthly return shall not repeated in GSTR-1 Fixed sum method = 
Self-Assessment method = 
3 This scheme is GSTIN Based 2) Details of o/w supplies in IFF/GSTR-1 shall
be reflected in GSTR-2A/2B
Mah Monthly return
Eg : Dmart
Guj QRMP scheme
1 Fixed Sum Method
Manner of exercising the option
From 1st day of Second Month of Preceding Quarter
Till Who furnished GSTR-3B Who Furnished GSTR-3B
Last day of First Month of Quarter Quarterly for last quarter monthly for last Quarter
Can Tax paid in Cash in Last Quarter (April – June) Tax paid in cash in last month (June)
Eg : July to Sept 1st May to 31st July
Excercise
his option CGST = 100 CGST = 50
SGST = 100 SGST = 50
Due date of filing return GSTR-3B under QRMP

Tax to be paid in each month Tax to be paid in Each month
25th July 25th Aug 22nd/24th Sep 25th Jul 25th Aug 22nd/24th Sep
July – Sept 22nd /24th day succeeding
quarter such quarter CGST = 35 35 Bal CGST = 50 50 Bal
(i.e. 22nd / 24th oct) (100x35%) (100x35%) (100% x tax) (100% x tax)
SGST = 35 35 Bal SGST = 50 50 Bal
22nd Others
24th All East + Northern States 2 Self – Assessment Method
Taxpayer has to manually pay tax liability for the month by considering inward & outward supplies in
* IFF = Invoice Furnishing facility. from GST PMT-06
25
Delayed
Interest on delayed payment of Days Section 47 - Late fees in case of delayed filing of return
=
tax
Due Actual Section 47(1) Section 47(2)
Tax paid in cash in date of to date of
payment payment GSTR-1 GSTR-9  Annual Return
previous Qtr April- = ₹100
GSTR-3B
June
Agg T/o Agg T/o

R/P = Nil Outward Supplies Agg T/o
Jul Aug Sept exceeds 5Cr. exceeds
in GSTR-1 upto 5Cr.
upto 20Cr. 20Cr.
Estimated = 35 35 40 = 100 (+)
as per Fixed Total tax payable in
(110-70) Late = ` 25 ` 50 ` 100
Payment GSTR-3B is Nil
Fees on or or
method
25th 25th 22nd/24th 0.02% x T/o 0.02% x T/o 0.25% x T/o
`10 / day
Aug Sept Oct
or W.I.L
W.I.L W.I.L W.I.L
`250
Finally
= 50 40 Balance
Assessed GSTR-1 & GSTR-3B
In case where there is tax liability
No No
Interest Interest
In PFY, In PFY, In PFY,
But if the above payments are made as follow if Agg T/O upto if Agg T/O exceeds 1.5 if Agg T/O exceeds
1.5 Crore Crore upto 5 Crore 5 Crore
July = 25th Aug 31st Aug
Interest @ 18% `25 / day `25 / day `25 / day

or W.I.L or W.I.L or W.I.L
on delayed days (i.e. 6 days)
`1000 `2500 `5000
6 days
35 x 18% p.a X
365 days In case of Composition Taxpayer NRTP  GSTR - 5
In case of self-Assessment Method also, applicability remains the same Total Tax is Nil Others Nil Others
Note:- No Late fees is payable if payable if tax is not paid on due date as in GSTR-4
GST PMT - 06 is a payment form & not a return
`25 / day `10 / day `25 / day
`10 / day or W.I.L or W.I.L or W.I.L
or W.I.L `1000 `5000 `5000
`250
26
13 E-WAYBILL TAXKATEACHER - CA KARAN SHETH
Eg.: Only Only Taxable &

In case of Interstate movement of goods Taxable Exempt Exempt Who is mandatorily request to generate E-Way Bill?
supplies supplies supplies
Consignment value exceeds ` 50,000 i.r.t VOS = 45K VOS = 100K TS = 40K Rail – Railway Receipt PART A R/P
+GST = 20K +Exs = 40K Air – Airway Bill EWB – 01
Supply for reasons due to CV = 65K CV = 100K + GST= 5K
VOS u/s 15 in Invoice/BOS/DC Sea – Bill of Lading PART B R/P
other than inward CV = 45K
+ GST REGISTERED
supply supply
(-) Exempt supply where invoice PERSON
from URP EWB =  EWB =  EWB =  Self Transportation PART A R/P
is issued for both [T+Ex] supplies
PART B R/P
` 50,000 Limit = NA Road
PART A R/P
Interstate trf of goods Interstate TRF of handicraft goods by person Third party (GTA) PART B TRANSPORTER
By Jobworker exempted from Registration u/s 24
Information to be furnished in e-way bill
PART A PART B
(to be furnished by the person who is transporting the goods) Validity of EWB
(to be furnished by the registered person who is causing movement of goods)
comprising of details of GSTIN of supplier & recipient, place of delivery, document, number Transporter document number, and Vehicle number. No. of Kms Validity
and date, value of goods, HSN code, and reasons for transportation.
ODC or Mutimodal = 20 Kms = 1 Day (+)
shipment Additional
Part B not to be furnished or updated where one Day
mode of
It Can be furnished by UEN Part A can be Blocked Transport is
It is generated after Part in Followed cases Consignor’s Distance up to 50 Kms. within the state Transporter’s ship
• Eco / Courier agent A is filled & shall remain Place of Business Place of Business
• Transporter valid for a period of 15
days for updating Part-B No need to furnish PART B details in EWB-01 Other than ODC = 200 Kms = 1 Day (+)
Additional
Day
A person paying tax A person paying A person paying tax Whose registration Transporter’s Distance up to 50 Kms. within the state Consignee’s
under composition tax under regular under regular scheme has been suspended Place of Business Place of Business
scheme has not scheme has not has not furnished GSTR under rule 21A pending Validity
furnished the statement furnished the 1 (Statement of outward the completion of No need to update PART B details in EWB-01 E.g. E-way Bill is generated at –
for payment of self- returns for 2 Tax supplies) for any 2 proceedings for Case 1 - 22:00 hrs. of 19th September
assessed tax for 2 period, or months or quarters, as cancellation of
consecutive quarters, or the case may be. registration.
ACCEPTANCE OF E-way Bill 1st Midnight = 19th-20th September
2nd Midnight = 20th-21st September
Amendment The Supplier/ Recipient can communicate their Acceptance or Rejection
of Consignment covered by E-way bill. Case 2 - 00:30 hrs. of 10th March
Inward Outward Time to Communicate = Time of Delivery of Goods
Mr. A Mr. B Supplies Mr. C OR
Supplies 72 hours of details being made st Midnight = 10th-11th March
available to him on common portal w.e.e. 2nd Midnight = 11th-12th March
Part A =  Defaulted in Part A = Blocked If NO COMMUNICATION = DEEMED ACCEPTED
filing returns
27
Cases where no E-way Bill is generated?

Transfer of goods from one conveyance to another 1. Where the goods being transported are the ones given below- 6. Where the supply of goods being transported is treated
a) Kerosene Oil sold under PDS. as no supply under
b) Jewellery, goldsmiths’ and silversmiths’ wares and other Schedule III of the Act.
Consignor Consignee’s articles. (EWB is required for the same) 7. Where empty cargo containers are being transported.
(Mumbai) Place of c) Currency 8. Where goods are being transported up to a distance of
Business d) Used personal and household effects.
20 km from the place of the business of the consignor to
2. Where the goods are being transported by a non-mortised a weighbridge for weighment or from the weighbridge
CASE 1 MV1 Transfer of Goods MV2 conveyance. back to the place of the business of the said consignor
subject to the condition that the movement of goods is
3. Inland accompanied by a delivery challan issued in accordance
Same Transporter  Custom Port One MV of Goods Another
MV of Goods Container
 Custom Airport
EWB = X Depot Custom Custom with Rule 55.
 Air Cargo Station Station WEIGH BRIDGE
Complex Container
Freight EWB = X F1 CHEMICAL MANUFACTURER
Update details of PART B by changing  Land Custom M/V of Goods
Station
Motor Vehicle Number only. Station F2 Up to 20 Kms. WEIGH
BRIDGE
F3
CASE 2 MV1 Transfer of Goods MV2

EWB = X
F4
EWB = X
4. Where the goods being transported, are exempt from tax
N/N 2/2017 & N/N 7/2017 M/V of goods upto 20kms
5. Where the goods being transported are alcoholic liquor for human EWB = X
Transporter Transporter consumption petroleum crude, high speed diesel, motor spirit, 9. Where empty cylinders for packing of liquefied petroleum
X Y natural gas or aviation turbine fuel. gas are being moved for reasons other than supply.
Rule 138A Rule 138B
P.I.C of Conveyance shall carry Commissions or officer empowered by him

Since, there is another transporter, Consignor/ Recipient
who generated PART A details may ‘Assign’ E-way Bill No. to
ANOTHER TRANSPORTER for updating the information in PART B May intercept any conveyance to verify
Invoice Copy of EWB the EW Bill & On receipt of info i.r.t Tax
for further movement of consignment or Bill of Supply (+) in Physical Evasion
Delivery challan or
However, once the details of the conveyance have been updated electronic form Physical verification of a Specific
by the transporter in Part B, the consignor or recipient, as conveyance can be carried out by “Any
the case may be, who has furnished the information in Part A In case where E-Invoice is issued Officer”
QR Code embedded with IRN shall be produced
shall not be allowed to assign the e-way bill number to another instead of tax invoice to P.O
transporter [Proviso to rule 138(5A)]. After approval of Commissioner
Rule 138C
(2)
BILL TO SHIP TO MODEL (1)
After Goods are inspected in transit One a physical within
B Move verification of goods one State
ment
Order of Go
ods Summary to be recorded online by P.O
in conveyance is done or
during transit at one In any other
(Delhi) Report within place State
A C *24 hrs of Inspection in
Parta of prescribed form
(Mumbai) (Kolkata) & No further physical verification of the said
Part B of said form shall be conveyance shall be carried out again in
Final recorded within State / UT unless specific verification i.r.t
Since, the movement of goods takes place only once, hence Report Tax Evasion is made available
only one E-way Bill shall be generated. *3 days of Inspection
INVOICE 1 – Issued by B to A Extension = 3 days (3)

INVOICE 2 – Issued by A to C by Commissioner Only Such goods / Conveyances shall be
Midnight of date when detained / confiscated.
* Counting Shall Start ⇒
Hence, Either ‘B’ or ‘A’ can generate E-way Bill but only one E-way such vehicle was
Bill shall be generated. intercepted Where there is violation
28
14 EXEMPTIONS TAXKATEACHER - CA KARAN SHETH
GST Council Recommends an exemption Eg.

Principal Notification No. 11/2017 CT (R) dated 28.06.2017 came into force with effect from 01.07.2017.
Govt shall by notification exempt such G/Sr Thereafter, a new entry - Entry no. 3(vi) was inserted w.e.f. 21.09.2017. Subsequently, an explanation
was also inserted with respect to entry no. 3(vi) by issue of a notification on 26.07.2018 [i.e. within 1
w.e.f the date as specified in such notification year of the insertion of entry 3(vi)].
Although the effective date mentioned in the notification which inserted said
Note: Explanation inserted in an entry within 1 yr
explanation was 26.07.2018, said explanation will be effective from the inception of entry 3(vi) in
of issue of said notification
Effective date of such = Retrospectively from notification i.e. 21.09.2017 and not 26.07.2018.
explanation in the entry Date of inception of [Circular No. 120/39/2019 GST dated 11.10.2019]
such entry
Health/Clinical Establishment related services
Ambulance Veterinary Preservation Bio-medical Waste treatment Clinical

provided Clinic of stem cells operators facility Establishment
Paramedics
*Clinical (Authorized Eg. Nursing staff
medical EX EX T T
establishment Physiotherapists Healthcare Patient
practitioner) Lab assistants service
Note Healthcare Service
1) Renting of Room Service
Means Includes Excludes
Diagnosis or treatment or care transportation of hair transplant or More than ₹5,000
for illness, injury, deformity, the patient cosmetic / plastic Upto ₹5,000
abnormality or pregnancy surgery,
or Ex ICU/ICCU/CCU/NICU Other Rooms
any recognised system of Except
medicines in India (yoga, allopathy, Ex T
Trauma
homeopathy)
Injury
* Note 1 : Service provided by Pathological labs = EX Congenital Defects 2) 7500 10,000
Senior Kokilaben Patient
Note 2 : Palliative care for terminally ill patients = EX (ie defect by birth) Hospital
Doctor Consultancy Health
Note 3 : ART/IVF = Healthcare service = EX charges Service
Amendment : Hotel, RBI related services Healthcare Service EX EX

Club, Guest House, Inn i) service provided by RBI = T Healthcare Principal
for Boarding, Lodging ii) Service provided to RBI = T Service supply
services upto ` 1000 = T 3) Food supplied to i) In-Patients Composite Supply = = EX
Exception (+) = Health care
ii) Non-Admitted pattent T Food service
Supplier RBI EX iii) Visitor T
ii) Doctors Nurses T
External asset management, custodial
services, security lending services 4) Display of Ads, Renting of shops = T
29
Education related sevices

1 3. Services provided to Education institution 3 Note 3 :
1. Education Institution =
i) Pre-school (including Anganwadis) upto HSC Fees charged from prospective employers
ii) Institution that gives qualification recognised Any Pre-school
by law Indian Law  Exempt E.g. Placement service provided BY ICAI through
supplier to HSC
(Eg. ICAI, ICSI, Bar Council) EX Campus Interview to Bajaj Ltd. T
Foreign Law  Exempt
(Eg. CFA, CFA) Services in relation to
1. Transportation of students, staff,
Short duration = Not Recognized = T faculty
(less than 1yr) by law 2 Security Service,
iii) IIM Act, 2017 Note 4 :
3. Cleaning service,
Long duration = Recognized by = EX 4. House-keeping Service Supply of Food
law 5. Catering service (including midday
meal scheme Sponsored by CG/SG/UT) Catering Student,
iii) Maritime Training = Merchant = Education Education Faculty,
Institution Shipping Institution Institution Service
Note : All the above service should be provided Staff (SFS)
Act, 1958
in the campus only = EX & outside the campus = T
ITI/ITCs affiliated NCVT/SCVT All other services to Pre-school to HSC = T
EX
iv) Course run by Madular Employable Skill course
approved by NCVT 4
4. Service in relation Outsourced Catering Pre-School Catering S/F/S
v) Central / State Boards / NBE / anybody, authority set to conducting Any caterer service to HSC service
up by CG/SG including National Testing Agency is an Supplier Education
Exams
education institution in so far as it provides services by Institute
the way of conducting exams. Eg. Paper setting,
checking Renting a
 Few clarifications : EX
hall supervisor EX EX
Online testing Result publication, Conducting
printing of notification, Admit NBE Exams Service
card, question papers Catering • Institution giving degree
Online education 5 service
Any Supplier Institution • ITIs / ITCs S/F/S
EX EX journal
that gives
 Services like giving accreditation to an qualificatin
EX T EX
institution / professional
EX
Services provided by an Education institution to 2
Students, Faculty and Staff
Any Any Service Student Note 1 :
Education faculty Private Coaching = Taxable 6
Coaching in relation to recreation activity
Institute EX staff
Note 2 : Charitable Trust u/s Sports
Conduct of Entrace Prospective EX
Boarding = Education = Composite : Pricipal Education Sr 12AA/AB, IT Act
Examination Students.
School (+) Supply Supply
Issuance of migration Ex- Student Arts / Culture
certificate Accomodation EX Individual EX
EX
30
Services relating to agriculture and agricultural produce.
Agriculture includes cultivation of plants, crops Services relating to agriculture or agricultural produce by way of - EX
and rearing of all life forms  Sericulture, horniculture etc.

Except the rearing of horses agricultural processes carried out at an loading, Agricultural Pre -conditioning, Warehousing
Operations directly agricultural farm including tending, unloading, Produce pre-cooling,ripening, of minor
related to production pruning, cutting, harvesting, drying, packing, storage Marketing waxing, retail forest
Note : of any agricultural cleaning, trimming, fumigating, or warehousing Committee packing, labeling of produce
1. Custom milling of paddy into rice = T produce including curing,sorting, grading, cooling of agricultural or Board is fruits and vegetable.
cultivation, or bulk packaging and such like produce exempt
harvesting, threshing, operations which do not change
2. Agri Produce Product plant protection or essential characteristics of
Sugarcane Jaggery testing; agricultural produce but make it only
Coffee beans Coffee powder marketable for the primary market;
Tea leaves Tea powder Storage/
warehousing renting or leasing of agro agricultural commission agent for sale Artificial
Whole gram, Rajma Dehusked/Split pulses of cereals, supply
machinery or vacant land extension or purchase of agricultural insemination
pulses, fruit, of farm with or without a structure services; produce (&not a product of livestock
vegetables labour; incidental to its use made out of agriculture (other than
Services by Bank (Note : Renting of vacant produce) horses)
EX land to stud farm - T )
Loan = 100L + Processing
Lender Borrower Services by way of giving on hire –
Fees + Interest @10%pm. Admission to entertainment events
1
Repayment Hire Motor Vehicle
State
NEETA capacity > 12 Passengers
Transport a) circus, dance, or Protected
Tours & Travel
Museum
100L 10,000 10L unit theatrical performance Zoo monument
including drama or National Park under
EX ballet;
Loan
Processing Fees Interest 2 Wildlife Monuments &
b) award function, Archaeological
EX concert, pageant, Tiger Reserve
T Sites &
EOV (>12 passengers) musical performance
Money Neither Goods / GST = NA Elon Local Remains Act,
Nor Service Authority or any sporting event
Musk other than a EX 1958
Note : Interest charged by credit card company = T EX recognised sporting
event, (Eg. IPL)
c) recognised sporting EX
Forex service 3
Bank Bank event; (Eg. ODI, T20)
NEETA Motor Vehicle Hire GTA d) planetarium,
EX Authorised
Bank Tours & Travel
Dealer
EX
Authorised EX Cosideration upto ` 500 = EX
Bank
Dealer 4
EX Anil Transport Service Pre School
Authorised Authorised NEETA Motor Vehicle Hire
Dealer Dealer Tours & Travel
Student / Faculty / Staff
EX Transport to HSC
Bank or
General EX
Authorised
Public EX
Dealer T
31
Transportation of goods Note:

1 2 Transportation of above goods by air is = T
ROAD RAIL Water Transportation of the following goods by rail/vessel/GTA = EX

AIR
→ All other cases = EX All cases
Place EX Customs Inland waterways
except station in T
GTA = T outside EX Agricultural milk, salt chemical newspaper relief defence
India India Transportation of goods by produce and food fertilizer, or magazines materials or military
Courier Agency = T
a vessel from customs grain oil cakes registered meant for equipments
station clearance in India including and with the victims of
Entry 61A Any other case T to a place outside India flours, organic Registrar of natural or
Any Grants National pulses manure Newspapers man-made
GTA Eg. i) Domestic route Any other case T
Govt. Permit to operate
ii) Custom to place andrice disasters,
throughout india station Outside Eg. i) Domestic route
calamities,
in india india ii) Custom station to place
Note: accidents or
EX in india Outside india
Transportation of railway equipments/ mishap
iii) Place to Custom station
o/s india in india materials by rail/vessel = T
Transportation of passengers
Clarification : Public transport means
open to public.
It can be privately / publicly owned
ROAD AIR RAIL Water vehicle.
* Rickshaws = EX To / From North East

or Local Train Metro rail
* Metered taxi = EX Bagdogra (WB) Inland Public transport not EX
Second class = EX Monorail
Radio taxi = T • Economy class = EX waterways predominantly used for
First class = T Tramway the purpose of tourism
BUS • Business Class = T
Outstation Train EX Eg. used for toursim  Shikara, cruise T
Any other case = T AC = T EX
NON AC = EX Predominantly
Contract Carriage- Stage carriage-

Tour Operator
A/c = T A/c - T
Organizing tour
Tour operator in India Foreign Tourist
Non A/c = EX
* Non-A/c - EX
Fully outside India Fully in India Partly in India & Partly o/s India
For the * Not For the
purpose of purpose of T
EX
Hire, Tourism, Hire, Tourism, No. of Foreign days Tour or 50% Tour
Charter = T Charter = EX x Package package = EX
Total no of tour days amt amt
* Amendment = Taxable (in case such Services are
supplied through ECO & tax is payable u/s 9(5). W.I.Lower
& Remaining Value = T
32
Service by Charitable Trust / Religious Trust Transmission of Consumers

 Entity should be registered u/s 12AA,IT DISCOMS
electricity service = EX
 They should be charitable activities under State
Any other service electricity Act
Care or counseling Public Religion

Releasing connection Application fees
(I) terminally ill awareness of yoga Education or skill Preservation of
persons or preventive spirituality of electricity
Development Environment
persons with health Metering Equipment Rental Charges Taxable
(i) abandoned, orphaned or
severe physical family Meters Testing fees
homeless children;
or mental planning
(ii) physically or mentally abused Duplicate Bill Charges
disability; prevention
and traumatized
(II) persons afflicted of HIV
(iii) prisoners; or
with HIV or AIDS; infection
(iv) persons over the age of 65 RWA Services
(III) persons addicted to a years residing in
Reimbursement
dependence-forming  a rural area - EX RWA Members
of charges
substance  a urban area - T
Note: MMC upto ` 7500/ Month / apartment

1. Charitable trust U/s 12AA providing Advertisement service = T
2. MMC
• KMVN, an uttarakhand Govt unit organizing tour of Kailash mansarovar 1 2 Inputs
EX CG
• Haj Committee organizing Haj RWA
Include Exclude Input Sr
3. In case of Residential programmes Parking charges Non- Agriculture MMC > 7,500
R & M Fund Tax ITC = 
1. Predominant Activity = Religion, yoga, Sprituality = EX Property Tax T
Sinking Fund
2. If predominant Activity = Accomodation + Food/Drinks = T Non – occupancy charges Water Tax
4 MMC Agg T/O T/EX
Interest on late payment
4. Activities such as Fitness Camps, Classes in Aerobics, dance, music = T 5,000 10L EX
10,000 10L EX
5. Service provided to charitable Trust u/s 12AA/AB = T 5,000 50L EX
T
10,000 50L
1 Conduct of religious ceremonies like birth, marriage, death rituals = EX * MMC = Monthly maintenance charges
Entry No. 77A

2
Charitable or Religious Trust Services provided by an unincorporated body or a non-profit entity registered
Registered under u/s Renting or precincts of religious place where the under any law for the time being in force, engaged in,-
Sec 12AA /AB (i) activities relating to the welfare of industrial or agricultural labour or farmers;
or or
u/s 10(23C)(v) Renting of Room Upto ₹999/day (ii) promotion of trade, commerce, industry, agriculture, art, science, literature,
or culture, sports, education, social welfare, charitable activities and protection
u/s10(23BBA) of Renting of Shop Upto ₹9,999/month of environment, to its own members against consideration in the form of
Income Tax Act,1961. membership fee upto an amount of ` 1000/- per member per year.
Renting of Community halls ₹9,999/day
or Upto Entry No. 34A
Kalyanmandapam Services supplied by Central Government, State Government, Union territory to their
undertakings or Public Sector Undertakings(PSUs) by way of guaranteeing the loans taken
EX by such undertakings or PSUs from the banking companies and financial institutions.
33
Entry No. 63
Assignmen to Legal Services
right to use natural Individual Agg T/O does not exceed the
CG/SG/UT/LA farmer
resources for
exemption from reg. under
cultivation of plants / rearing of all life
forms except CGST act. 2017 - Exempt
To B/E
horses
EX
Entry No. 16 Agg T/O exceeds the amount
CG/SG/UT/LA eligible for exemption from
1000 EX Arbitration Tribunal GE - GA* reg. under CGST act GST -
CG Exempt
Transport of passenger Sr to / Taxable
Airline
from RCS Airport
Passenger To N/B/E = Exempt
= 2000 GST = RCM = 
1000 T
Entry No. 11A
Agg T/O does not exceed the
Service provided by Fair Price Shops to Central Government, State Government or Union exemption from reg. under
territory by way of sale of food grains, kerosene, sugar, edible oil, etc. under Public CGST act. 2017 - Exempt
Distribution System against consideration in the form of commission or margin. To B/E*
Entry No. 51
Services provided by the GSTN (Goods and Services Tax Network) to the Central Government Agg T/O exceeds the amount
CG/SG/UT/LA
or State Governments or Union territories for implementation of Goods and Services Tax. eligible for exemption from
GE - GA*
T reg. under CGST act GST -
Exempt
Entry No. 43 Taxable
Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by the (advocate or P. Firm of advocates)
Indian Railways Finance Corporation to Indian Railways. T
Exempt
GST = RCM = 
Entry No. 11 Individual advocate
Services by way of pure labour contracts of construction, erection, commissioning, or or (Non-business entity)
installation of original works pertaining to a P. firm of advocates Exempt
single residential unit otherwise than as a part of a residential complex.
Entry No. 19C

Agg T/O does not exceed the
Satellite launch services supplied by Indian Space Research Organisation, Antrix exemption from reg. under CGST
Corporation Limited or New Space India Limited. act. 2017 - Exempt
To B/E*
Folk / Classical Artist performing Music, Dance & Theatre
charges upto 1.5 lacs = EX Agg T/O exceeds the amount
CG/SG/UT/LA
eligible for exemption from reg.
Note : Performed as Brand Ambassador T GE - GA*
under CGST act GST - Taxable
Exempt
Sports Related Services
Services
Player, Coach, Team Recognized Sports
Manager, Referee, Umpire Body (Non-business entity)
EX Exempt GST = RCM = 
Note : Harvey Specter
Selector,Curator, Services Recognized Sports senior advocate
Technical Expert,
Commentator Body
T * B/E : Business Entity * GE : Government entity - GA : Government Authority
34
Entry 6 CG/SG/UT/LA Supplying any service = EX [ Clarification : Sr supplied by Air Force, Army,
Government services Navy, Para, Police mess to their personnel]
Except EX
Transportation Any
Dept. of Any CG/SG/UT/ Services i.r.t Recipient CG/SG/ Recipient CG/SG/ services Business
Recipient LA aircraft/vessel UT/LA of goods/ UT/LA Entity
Post
Any Service inside/outside passengers
Precincts of port/ Pay tax as per
Pay tax as Pay tax as per airport FCM T Check Entry No. 7
per FCM T ** Except those covered under Entry no.
FCM
T 17,18,20.
Post card, inland
D.O. Any
letter, book
Post post, ordinary
Recipient Entry 8 Entry 3/3A
post (Envelopes Any Pure Service CG/SG/ Services by
CG/SG/UT/LA EX CG/SG/UT/LA
weighing less Supplier or UT/LA the way of
than 10gms) Composite
supply where functions
Above exemption is not applicable to: Not more than entrusted to
EX 1. Services provided by department of post……… 25% of value
2. Services provided i.r.t aircraft/vessel……… Panchayat
constitutes
3. Transportation of passengers and goods Goods portion
Entry 7 Ar. 243G
Entry 9D i.r.t Municipality
Any Service B/E, Agg T/O in PFY
Doesnot exceed Registration EX Panchayat Municipality
Threshold limit Oldage home run by consideration Resident aged Ar. 243W
• CG/SG upto Rs.25,000 per month > 60 years
Article 243G Article 243W
CG/SG/UT/LA • Entity u/s 12AA/ per member inclusive of
AB, IT Act. charges for boarding,
EX
lodging and maintenance. Exempt Not a Supply u/s 7(2)
Any Service B/E, Agg T/O in PFY

Exceeds Threshold limit Entry 65 Entry 3A shall include :
Services by way of deputing Importer Composite supply of miling of wheat/paddy into
Except CG/SG/UT
i. DOP officers on holidays or after Exporter flour/rice to SG for public distribution provided that
ii. Services i.r.t Consideration Consideration hours for inspection i.r.t. goods supplied in it does not exceed 25% of value of
Aircraft / Vessel upto 5000 exceeds 5000 Import/ Export Cargo composite supply.
iii. Transportation of
Goods & passenger EX B/E = Pay tax as Merchant Overtime Charges
iv. Renting of Entry 47
per RCM
immovable property CG/SG/UT/LA Providing
EX
(i) Registration required under any law for the time
Renting of immovable being in force;
CG/SG/UT/LA RP Entry 61 (ii) Testing, calibration, safety check or certification
property service relating to protection or safety of workers,
Service by the way of Issuing Passport,visa,birth/death consumers or public at large, including fire license,
GST = RCM =  certificate,driving licence EX required under any law for the time being in force.
Note : If Recipient is URP = CG/SG/UT/LA shall pay tax as FCA 35

Miscellaneous Exemptions General insurance business services

ENTRY 76 - Services by way of publcv conveniences such as provision of facilities of ENTRY 35- Services of general insurance business provided under following schemes –
bathroom, washrooms,lavatories, urinal or toilets. (a) Hut Insurance Scheme;
ENTRY 65A - Services by way of providing information under the RTI act (Right To (b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna37;
Information act,2005)
(c) Scheme for Insurance of Tribals;
ENTRY 59 - Services by a foreign diplomatic mission located in India. - EX (d) Janata Personal Accident Policy and Gramin Accident Policy;
Note : Service provided to foreign diplomatic mission = T (e) Group Personal Accident Policy for Self-Employed Women;
ENTRY 52 - Services by an organiser to any person in respect of a business exhibition (f) Agricultural Pumpset and Failed Well Insurance;
held outside India.
(g) premia collected on export credit insurance;
ENTRY 50 - Services by public libraries by way of lending of books, publications or any (h) Restructured Weather Based Crop Insurance Scheme (RWCIS), approved by the
other knowledge enhancing content or material. Government of India and implemented by the Ministry of Agriculture;
ENTRY 49 - Services by way of collecting or providing news by an independent journalist, (i) Jan Arogya Bima Policy;
Press Trust of India or United News of India.
(j) Pradhan Mantri Fasal Bima Yojana (PMFBY);
ENTRY 23 - Services by way of access to a road or a bridge on payment of toll charges.
(k) Pilot Scheme on Seed Crop Insurance;
ENTRY 36- Services of life insurance business provided under following schemes- (l) Central Sector Scheme on Cattle Insurance;
(a) Janashree Bima Yojana; (m) Universal Health Insurance Scheme;
(b) Aam Aadmi Bima Yojana; (n) Rashtriya Swasthya Bima Yojana;
(c) Life micro-insurance product** as approved by the Insurance Regulatory and (o) Coconut Palm Insurance Scheme;
Development Authority, having maximum amount of cover of ` 2,00,000; (p) Pradhan Mantri Suraksha BimaYojna;
(d) Varishtha Pension BimaYojana; (q) Niramaya Health Insurance Scheme implemented by the Trust constituted under
(e) Pradhan Mantri Jeevan Jyoti BimaYojana; the provisions of the National Trust for the Welfare of Persons with Autism,
Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999.
(f) Pradhan Mantri Jan DhanYogana;
(r) Bangla Shasya Bima
(g) Pradhan Mantri Vaya Vandan Yojana.
**Life micro-insurance product means any term insurance contract with/without
Pension schemes
return of premium, any endowment insurance contract or health insurance contract,
with/without an accident benefit rider, either on individual/group basis, as per terms ENTRY 37 - Services by way of collection of contribution under the Atal Pension Yojana.
stated in Schedule-II appended to the regulations [Regulation 2(e) of the Insurance ENTRY 38 - Services by way of collection of contribution under any pension scheme of
Regulatory and Development the State Governments.
Authority (Micro-insurance) Regulations, 2005].
36
It is said that if a Teacher teaches you
something you ought to give him
"GURU DAKSHINA", so that
Goddess SARASWATI can bless you and
help you retain what you have learnt.
If you think this book made a difference in the

way you have learnt GST and will help you on
the last day of the exam, then you can help
me by shedding out a generous fee of
` 99
on cakaransheth@okicici

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INDEX

Article 246, COI Constitution (101st Amendment) Act 2016

CG SG CG + SG Article 246A Article 269A Article 279A

* Functions of common GST portal 1

Sec. 9(1) Sec. 9(2) Sec. 9(3)&Sec. 9 (4) Sec. 9(5)

Other than body corporate,

10 Business Correspondent Partnership firm

Royalty 13 Renting of M/V

Pay tax u/s 9(3)

GTA = Pay tax

Goods Service Consideration Business

10) Funeral, burial, crematorium, mortuary 12) Functions entrusted to

Section 10(1) Other Important Points

• Value of all outward supplies • ---CGST / SGST / UTGST / IGST / Cess

TIME LIMIT FOR ISSUING TAX INVOICE

FOR GOODS FOR SERVICES 1/4 1/7 6/7 15/7

Section 31(3)(c)- Bill of supply Rule 49:

Section 31(3)(f)- Self invoice Rule 55-Delivery challan

7 TIME OF SUPPLY 8 VALUE OF SUPPLY

Section 15(1) Section Section 15(3)- Exclusion

Sells Mobile phone Value of Supply = TV u/s 15 = ` 40,000

Threshold limit = ` 40L ` 10L

∴ Applicable limit = 40L Ignore the lower Mah = 40L W.I.L

Section 27 - NRTP & CTP Section 23 = Exempted from Registration

Apply fo compulsory u/s 24 5 Days Commencement Registration valid for

PROCEDURE FOR REGISTRATION

Otherwise Reply within 7

*Dates of submission of application

#A/A = Aadhar Authentication 14

Sec. 25(8) Sec. 25(9)

R/P in Maharashtra U/R/P in Gujarat Submit an application

Sec 29: CANCELLATION OF REGISTRATION Procedure Of Cancellation

Event Apply for cancellation Order of cancellation

*Date of Service of Cancellation 16

MANNER OF UTILIZATION OF I.T.C. B. Electronic Credit ledger

Credit Liability Debit Amount (DR) Credit Amount (CR)

Every person who is liable to pay Where ITC has been

* ZRS = Zero rated supply w/o payment of tax 18

ITC =  Construction on own account

ITC = ITC -5% per quarter or part thereof *

SECTION 18(4): SECTION 29(5)

1/4 31/3/19 1/4/19 In respect of inputs In respect of CG

1/4 30/9 1/10 SECTION 18(6): SUPPLY OF CAPITAL GOODS

Reversal of ITC= ITC availed x Remaining useful life

Who will file Form GSTR-1 and Form GSTR-3B?

Recovery of tax shall start v/s 79.

Composition Tax Payer Final Return

Notice shall be sent to U/s 39 U/s 44 U/s 45 U/s 52

RP Shall furnish return within 15 days of such notice

Due date of filing return GSTR-3B under QRMP

Agg T/o Agg T/o

Interest @ 18% `25 / day `25 / day `25 / day

Eg.: Only Only Taxable &

Information to be furnished in e-way bill

Cases where no E-way Bill is generated?

CASE 2 MV1 Transfer of Goods MV2

Rule 138A Rule 138B

P.I.C of Conveyance shall carry Commissions or officer empowered by him

INVOICE 1 – Issued by B to A Extension = 3 days (3)

GST Council Recommends an exemption Eg.

Health/Clinical Establishment related services

Ambulance Veterinary Preservation Bio-medical Waste treatment Clinical

Amendment : Hotel, RBI related services Healthcare Service EX EX