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 »
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 »
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 »
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 »
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 »
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 »