Section 2 CGST Act 2017 [ Section 2 CGST Act 2017 Notified w.e.f 22.06.2017 vide Notification No. 1/2017 – Central Tax Dated 19.06.2017 ] [ CENTRAL GOODS AND SERVICES TAX ACT, 2017 Assented by the President of India on 12-4-2017 – An Act to make a provision for levy and collection of tax on intra-State supply of goods… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 STATEMENT OF OBJECTS AND REASONS Presently, the Constitution empowers the Central Government to levy excise duty on anufacturing and service tax on the supply of services. Similarly, it empowers the State Governments and Union territories to levy sales tax or value added tax on the sale… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Removal of difficulties. 26. (1) If any difficulty arises in giving effect to any provision of this Act, the Central Government may, on the recommendations of the Council, by a general or a special order published in the Official Gazette, make such provisions not inconsistent with… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Power to issue instructions or directions. 25. The Commissioner may, if he considers it necessary or expedient so to do for the purpose of uniformity in the implementation of this Act, issue such orders, instructions or directions to the Union territory tax officers as he may… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Laying of rules, regulations and notifications. 24. Every rule made by the Central Government, every regulation made by the Board and every notification issued by the Central Government under this Act, shall be laid, as soon as may be, after it is made or issued, before… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 General power to make regulations. 23. The Board may, by notification, make regulations consistent with this Act and the rules made thereunder to carry out the purposes of this Act.
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 Power to make rules. 22. (1) The Central Government may, on the recommendations of the Council, by notification, make rules for carrying out the provisions of this Act. (2) Without prejudice to the generality of the provisions of sub-section (1), the Central Government may make rules… Read More »
THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017 CHAPTER IX MISCELLANEOUS Application of provisions of Central Goods and Services Tax Act. 21. Subject to the provisions of this Act and the rules made thereunder, the provisions of the Central Goods and Services Tax Act, relating to,— (i) scope of supply; (ii) composition levy; (iii)… Read More »
Dear Professional Colleagues Greetings from Indirect Taxes Committee! The much awaited “One Nation One Tax” Regime is all set to take over the nation with expected introduction GST from July 2017. The four bills — The Central GST Bill 2017; The Integrated GST Bill 2017; The GST (Compensation to States) Bill 2017; and The Union… Read More »
Some Taxpayers Get Extensions without Asking; Taxpayers Abroad, in Combat Zones and Disaster Areas Qualify IRS YouTube Videos: Need More Time to File Your Tax Return? English | Spanish | ASL IR-2017-83, April 14, 2017 WASHINGTON — Even though April 18 is the tax-filing deadline for most people, some taxpayers in special situations qualify for… Read More »