Daily Archives: March 14, 2017

170 Credit of eligible duties and taxes in respect of inputs held in stock to be allowed in certain situations -Revised Model GST Law ( Nov 2016)

By | March 14, 2017

Revised Model GST Law ( Nov 2016) Section 170 Revised Model GST Law ( Nov 2016) Credit of eligible duties and taxes in respect of inputs held in stock to be allowed in certain situations  (1) A registered taxable person, who was engaged in the manufacture of non- exempted as well as exempted goods under… Read More »

169 Credit of eligible duties and taxes in respect of inputs held in stock to be allowed in certain situations – Revised Model GST Law ( Nov 2016)

By | March 14, 2017

Revised Model GST Law ( Nov 2016) Section 169 Revised Model GST Law ( Nov 2016) Credit of eligible duties and taxes in respect of inputs held in stock to be allowed in certain situations  1) A registered taxable person, who was not liable to be registered under the earlier law, or who was engaged… Read More »

168 Unavailed cenvat credit on capital goods, not carried forward in return, to be allowed in certain situations- Revised Model GST Law ( Nov 2016)

By | March 14, 2017

Revised Model GST Law ( Nov 2016) Section 168 Revised Model GST Law ( Nov 2016) Unavailed cenvat credit on capital goods, not carried forward in a return, to be allowed in certain situations  A registered taxable person, other than a person opting to pay tax under section 9, shall be entitled to take, in… Read More »

167 Amount of CENVAT credit carried forward in a return to be allowed as input tax credit -Revised Model GST Law ( Nov 2016)

By | March 14, 2017

Revised Model GST Law ( Nov 2016) Section 167 Revised Model GST Law ( Nov 2016) Amount of CENVAT credit carried forward in a return to be allowed as input tax credit  A registered taxable person, other than a person opting to pay tax under section 9 , shall be entitled to take, in his electronic… Read More »

166 Migration of existing taxpayers to GST – Revised Model GST Law ( Nov 2016)

By | March 14, 2017

Revised Model GST Law ( Nov 2016) Section 166 Revised Model GST Law ( Nov 2016) Migration of existing taxpayers to GST  (1) On the appointed day, every person registered under any of the earlier laws and having a valid PAN shall be issued a certificate of registration on a provisional basis in such form… Read More »