Daily Archives: April 14, 2017

19 Transitional provisions relating to job work-UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Transitional provisions relating to job work. 19. (1) Where any inputs received at a place of business had been desptached as such or desptached after being partially processed to a job worker for further processing, testing, repair,  econditioning or any other purpose in accordance with the… Read More »

17 Migration of existing tax payers-UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 CHAPTER VIII TRANSITIONAL PROVISIONS Migration of existing tax payers. 17. (1) On and from the appointed day, every person registered under any of the existing laws and having a valid Permanent Account Number shall be issued a certificate of registration on provisional basis, subject to such… Read More »

16 Constitution of Appellate Authority for Advance Ruling-UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Constitution of Appellate Authority for Advance Ruling. 16. (1) The Central Government shall, by notification, constitute an Appellate Authority to be known as (name of the Union territory) Appellate Authority for Advance Ruling for Goods and Services Tax for hearing appeals against the advance ruling pronounced… Read More »

15 Constitution of Authority for Advance Ruling- UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Constitution of Authority for Advance Ruling. 15. (1) The Central Government shall, by notification, constitute an Authority to be known as the name of the Union territory, Authority for Advance Ruling: Provided that the Central Government may, on the recommendations of the Council, notify any Authority… Read More »

14 Definitions-UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 CHAPTER VII ADVANCE RULING Definitions. 14. In this Chapter, unless the context otherwise requires,— (a) ‘‘advance ruling’’ means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions specified in sub-section (2) of section 97 or sub-section (1)… Read More »

12 Tax wrongfully collected and paid to Central Government or Union territory Government- UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 CHAPTER VI DEMANDS AND RECOVERY Tax wrongfully collected and paid to Central Government or Union territory Government. 12. (1) A registered person who has paid the central tax and the Union territory tax on a transaction considered by him to be an intra-State supply, but which… Read More »

11 Officers required to assist proper officers- UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 CHAPTER V INSPECTION, SEARCH SEIZURE AND ARREST Officers required to assist proper officers. 11. (1) All officers of Police, Railways, Customs, and those officers engaged in the collection of land revenue, including village officers, and officers of central tax and officers of the State tax shall… Read More »

6 Authorisation of officers of central tax as proper officer in certain circumstances-UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Authorisation of officers of central tax as proper officer in certain circumstances. 6. (1) Without prejudice to the provisions of this Act, the officers appointed under the Central Goods and Services Tax Act are authorised to be the proper officers for the purposes of this Act,… Read More »

2 Definitions- UTGST Bill 2017

By | April 14, 2017

THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Definitions. 2. In this Act, unless the context otherwise requires,— (1) ‘‘appointed day’’ means the date on which the provisions of this Act shall come into force. (2) ‘‘Commissioner’’ means the Commissioner of Union territory tax appointed under section 3; (3) ‘‘designated authority’’ means such authority… Read More »

Statements of Objects and Reasons- IGST Bill 2017

By | April 14, 2017

THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 STATEMENT OF OBJECTS AND REASONS Presently, article 269 of the Constitution empowers the Parliament to make law on the taxes to be levied on the sale or purchase taking place in the course of inter-State trade or commerce. Accordingly, Parliament had enacted the Central Sales Tax Act,… Read More »

21 Import of services made on or after the appointed day- IGST Bill 2017

By | April 14, 2017

THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Import of services made on or after the appointed day. 21. Import of services made on or after the appointed day shall be liable to tax under the provisions of this Act regardless of whether the transactions for such import of services had been initiated before the… Read More »

20 Application of provisions of Central Goods and Services Tax Act- IGST Bill 2017

By | April 14, 2017

THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 CHAPTER IX MISCELLANEOUS Application of provisions of Central Goods and Services Tax Act. 20. Subject to the provisions of this Act and the rules made thereunder, the provisions of Central Goods and Services Tax Act relating to,–– (i) scope of supply; (ii) composite supply and mixed supply;… Read More »

19 Tax wrongfully collected and paid to Central Government or State Government-IGST Bill 2017

By | April 14, 2017

THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 Tax wrongfully collected and paid to Central Government or State Government. 19. (1) A registered person who has paid integrated tax on a supply considered by him to be an inter-State supply,                but which is subsequently held to be an… Read More »

17 Apportionment of tax and settlement of funds- IGST Bill 2017

By | April 14, 2017

THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017 CHAPTER VIII APPORTIONMENT OF TAX AND SETTLEMENT OF FUNDS Apportionment of tax and settlement of funds. 17. (1) Out of the integrated tax paid to the Central Government,–– (a) in respect of inter-State supply of goods or services or both to an unregistered person or to a… Read More »