Revised Model GST Law ( Nov 2016) Section 36 Revised Model GST Law ( Nov 2016) Claim of input tax credit and provisional acceptance thereof (1) Every registered taxable person shall, subject to such conditions and restrictions as may be prescribed in this behalf, be entitled to take credit of input tax, as selfassessed in… Read More »
Revised Model GST Law ( Nov 2016) Section 35 Revised Model GST Law ( Nov 2016) First Return Every registered taxable person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall declare the same in the… Read More »
Revised Model GST Law ( Nov 2016) [ Section 34 Revised Model GST Law ( Nov 2016) ] Returns (1) Every registered taxable person, other than an input service distributor or a nonresident taxable person or a person paying tax under the provisions of section 9, section 46 or section 56 shall, for every calendar… Read More »
Revised Model GST Law ( Nov 2016) Furnishing details of inward supplies (1) Every registered taxable person, other than an input service distributor or a nonresident taxable person or a person paying tax under section 9, section 46 or section 56, shall verify, validate, modify or, if required, delete the details relating to outward supplies… Read More »
Revised Model GST Law ( Nov 2016) CHAPTER- VIII RETURNS 32. Furnishing details of outward supplies (1) Every registered taxable person, other than an input service distributor, a nonresident taxable person and a person paying tax under the provisions of section 9, section 46 or section 56, shall furnish, electronically, in such form and manner… Read More »
Revised Model GST Law ( Nov 2016) Credit and debit notes (1) Where a tax invoice has been issued for supply of any goods and/or services and the taxable value and/or tax charged in that tax invoice is found to exceed the taxable value and/or tax payable in respect of such supply, or where the… Read More »
Revised Model GST Law ( Nov 2016) 30 Amount of tax to be indicated in tax invoice and other documents Notwithstanding anything contained in this Act or any other law for the time being in force, where any supply is made for a consideration, every person who is liable to pay tax for such supply… Read More »
Revised Model GST Law ( Nov 2016) Tax not to be collected by unregistered taxable person A person who is not a registered taxable person shall not collect in respect of any supply of goods and/or services any amount by way of tax under the CGST/SGST Act and no registered taxable person shall make any… Read More »
Revised Model GST Law ( Nov 2016) CHAPTER- VII TAX INVOICE, CREDIT AND DEBIT NOTES Tax invoice (1) A registered taxable person supplying taxable goods shall, before or at the time of,- removal of goods for supply to the recipient, where the supply involves movement of goods, or delivery of goods or making available thereof… Read More »
Revised Model GST Law ( Nov 2016) Section 27 Revised Model GST Law ( Nov 2016) Revocation of cancellation of registration (1) Subject to such conditions and in such manner as may be prescribed, any registered taxable person, whose registration is cancelled by the proper officer on his own motion, may apply to such officer… Read More »