Daily Archives: March 14, 2017

Revised Model GST Law ( Nov 2016) Section 180 Revised Model GST Law ( Nov 2016) Refund claims filed after the appointed day for goods cleared or services provided before the appointed day and exported before or after the appointed day to be disposed of under earlier law  Every claim for refund of any duty or tax… Read More »

Revised Model GST Law ( Nov 2016) Section 179 Revised Model GST Law ( Nov 2016) Pending refund claims to be disposed of under earlier law  Every claim for refund filed by any person before or after the appointed day, for refund of any amount of cenvat credit, duty, tax or interest paid before the… Read More »

Revised Model GST Law ( Nov 2016) Section 178 Revised Model GST Law ( Nov 2016) Issue of supplementary invoices, debit or credit notes where price is revised in pursuance of a contract  (1) Where, in pursuance of a contract entered into prior to the appointed day, the price of any goods and/or services is revised… Read More »

Revised Model GST Law ( Nov 2016) Section 177 Revised Model GST Law ( Nov 2016) Finished goods removed for carrying out certain processes and returned on or after the appointed day  Where any excisable goods manufactured in a factory had been removed without payment of duty for carrying out tests or any other process… Read More »

Revised Model GST Law ( Nov 2016) Section 176 Revised Model GST Law ( Nov 2016) Semi-finished goods removed for job work and returned on or after the appointed day  (1) Where any semi-finished goods had been removed from the factory to any other premises for carrying out certain manufacturing processes in accordance with the… Read More »

Revised Model GST Law ( Nov 2016) Section 175 Revised Model GST Law ( Nov 2016) Inputs removed for job work and returned on or after the appointed day (1) Where any inputs received in a factory had been removed as such or removed after being partially processed to a job worker for further processing,… Read More »

Revised Model GST Law ( Nov 2016) Section 174 Revised Model GST Law ( Nov 2016) Duty (Tax – in SGST Act) paid goods returned to the place of business on or after the appointed day  Where any goods on which duty had been paid under the earlier law at the time of removal thereof, not… Read More »

Revised Model GST Law ( Nov 2016) Section 173 Revised Model GST Law ( Nov 2016) Exempted goods returned to the place of business on or after the appointed day  Where any goods on which duty had been exempt under the earlier law at the time of removal thereof, not being earlier than six months prior… Read More »

Revised Model GST Law ( Nov 2016) Section 172 Revised Model GST Law ( Nov 2016) Credit of eligible duties and taxes on inputs held in stock to be allowed to a taxable person switching over from composition scheme (1) A registered taxable person, who was either paying tax at a fixed rate or paying… Read More »

Revised Model GST Law ( Nov 2016) Section 171 Revised Model GST Law ( Nov 2016) Credit of eligible duties and taxes in respect of inputs or input services during transit  (1) A registered taxable person shall be entitled to take, in his electronic credit ledger, credit of eligible duties and taxes in respect of inputs… Read More »