Notification No 21/2017 – Central Excise (N.T.) Dated 30th June, 2017 Seeks to prescribe the credit transfer document under rule 15(2) of CCR, 2017 vide Notification No 21/2017 – Central Excise (N.T.) Dated 30th June, 2017 [TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART –II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF… Read More »
Section 24 of Sikkim GST Act 2017 [ Section 24 of Sikkim GST Act 2017 explains Compulsory registration in certain cases and is covered in CHAPTER VI REGISTRATION ] [ Enforced with effect from 22-6-2017. ] Compulsory registration in certain cases 24. Notwithstanding anything contained in sub-section (1) of section 22, the following categories of persons shall be required to be registered under… Read More »
Section 23 of Sikkim GST Act 2017 [ Section 23 of Sikkim GST Act 2017 explains Persons not liable for registration and is covered in CHAPTER VI REGISTRATION ] [ Enforced with effect from 22-6-2017. ] Persons not liable for registration 23. (1) The following persons shall not be liable to registration, namely:–– (a) any person engaged exclusively in the business of supplying… Read More »
Section 22 of Sikkim GST Act 2017 [ Section 22 of Sikkim GST Act 2017 explains Persons liable for registration and is covered in CHAPTER VI REGISTRATION ] [ Enforced with effect from 22-6-2017. ] Persons liable for registration 22. (1) Every supplier making a taxable supply of goods or services or both in the State shall be liable to be registered under… Read More »
Section 21 of Sikkim GST Act 2017 [ Section 21 of Sikkim GST Act 2017 explains Manner of recovery of credit distributed in excess and is covered in CHAPTER V INPUT TAX CREDIT ] [ Enforced with effect from 1-7-2017. ] Manner of recovery of credit distributed in excess 21. Where the Input Service Distributor distributes the credit in contravention of the provisions… Read More »
Section 20 of Sikkim GST Act 2017 [ Section 20 of Sikkim GST Act 2017 explains Manner of distribution of credit by Input Service Distributor and is covered in CHAPTER V INPUT TAX CREDIT ] [ Enforced with effect from 1-7-2017. ] Manner of distribution of credit by Input Service Distributor 20. (1) The Input Service Distributor shall distribute the credit of State tax as State tax… Read More »
Section 19 of Sikkim GST Act 2017 [ Section 19 of Sikkim GST Act 2017 explains Taking input tax credit in respect of inputs and capital goods sent for job work and is covered in CHAPTER V INPUT TAX CREDIT ] [ Enforced with effect from 1-7-2017. ] Taking input tax credit in respect of inputs and capital goods sent for job… Read More »
Section 18 of Sikkim GST Act 2017 [ Section 18 of Sikkim GST Act 2017 explains Availability of credit in special circumstances and is covered in CHAPTER V INPUT TAX CREDIT ] [ Enforced with effect from 1-7-2017. ] Availability of credit in special circumstances 18. (1) Subject to such conditions and restrictions as may be prescribed– (a) a person who has applied… Read More »
Section 17 of Sikkim GST Act 2017 [ Section 17 of Sikkim GST Act 2017 explains Apportionment of credit and blocked credits and is covered in CHAPTER V INPUT TAX CREDIT ] Apportionment of credit and blocked credits 17. (1) Where the goods or services or both are used by the registered person partly for the purpose of any business and… Read More »
Section 16 of Sikkim GST Act 2017 [ Section 16 of Sikkim GST Act 2017 explains Eligibility and conditions for taking input tax credit and is covered in CHAPTER V INPUT TAX CREDIT ] [ Enforced with effect from 1-7-2017. ] Eligibility and conditions for taking input tax credit. 16. (1) Every registered person shall, subject to such conditions and restrictions as may… Read More »