Daily Archives: July 14, 2017

Gujarat GST jurisdiction details

By | July 14, 2017

Gujarat GST jurisdiction details Related Topic on GST Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Press Release GST Press Release GST Books Best Books on GST in India… Read More »

High Cash Deposits : 5.56 lakh new persons identified by Income Tax Dept.

By | July 14, 2017

Income Tax Department pushes additional cases of High Cash Deposits in Second Phase of Operation Clean Money.  The Income Tax Department (ITD) has used information received under the Statement of Financial Transactions (SFT) to identify 5.56 lakh new persons in the second phase of “Operation Clean Money” (OCM). These are persons whose tax profiles were… Read More »

Section 48 Tripura GST Act 2017 : Goods and services tax practitioners

By | July 14, 2017

Section 48 Tripura GST Act 2017 ( Section 48 Tripura GST Act 2017 explains Goods and services tax practitioners and is covered in Chapter IX :  RETURNS ) Goods and services tax practitioners 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their… Read More »

Section 46 Tripura GST Act 2017 : Notice to return defaulters

By | July 14, 2017

Section 46 Tripura GST Act 2017 ( Section 46 Tripura GST Act 2017 explains Notice to return defaulters  and is covered in Chapter IX :  RETURNS ) Notice to return defaulters 46. Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be issued requiring him to furnish such… Read More »

Section 45 Tripura GST Act 2017 : Final return

By | July 14, 2017

Section 45 Tripura GST Act 2017 ( Section 45 Tripura GST Act 2017 explains Final return  and is covered in Chapter IX :  RETURNS ) Final return 45. Every registered person who is required to furnish a return under sub section (1) of section 39 and whose registration has been cancelled shall furnish a final return within three months of… Read More »

Section 44 Tripura GST Act 2017 : Annual return

By | July 14, 2017

Section 44 Tripura GST Act 2017 ( Section 44 Tripura GST Act 2017 explains Annual return  and is covered in Chapter IX :  RETURNS ) Annual return 44. (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an… Read More »

Section 43 Tripura GST Act 2017 : Matching, reversal and reclaim of reduction in output tax liability

By | July 14, 2017

Section 43 Tripura GST Act 2017 ( Section 43 Tripura GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability  and is covered in Chapter IX :  RETURNS ) Matching, reversal and reclaim of reduction in output tax liability 43. (1) The details of every credit note relating to outward supply furnished by a registered person… Read More »

Section 42 Tripura GST Act 2017 : Matching, reversal and reclaim of input tax credit

By | July 14, 2017

Section 42 Tripura GST Act 2017 ( Section 42 Tripura GST Act 2017 explains Matching, reversal and reclaim of input tax credit  and is covered in Chapter IX :  RETURNS ) Matching, reversal and reclaim of input tax credit 42. (1) The details of every inward supply furnished by a registered person (hereafter in this section referred to as the… Read More »

 Section 41 Tripura GST Act 2017 : Claim of input tax credit and provisional acceptance thereof.

By | July 14, 2017

Section 41 Tripura GST Act 2017 ( Section 41 Tripura GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof.  and is covered in Chapter IX :  RETURNS )  Claim of input tax credit and provisional acceptance thereof. 41. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed be entitled to take… Read More »

Section 40 Tripura GST Act 2017 : First Return

By | July 14, 2017

Section 40 Tripura GST Act 2017 ( Section 40 Tripura GST Act 2017 explains First Return  and is covered in Chapter IX :  RETURNS )  First Return 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall declare… Read More »

Section 39 Tripura GST Act 2017 : Furnishing of returns

By | July 14, 2017

Section 39 Tripura GST Act 2017 ( Section 39 Tripura GST Act 2017 explains Furnishing of returns  and is covered in Chapter IX :  RETURNS ) Furnishing of returns 39. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10 or section 51 or… Read More »

Section 38 Tripura GST Act 2017 : Furnishing details of inward supplies.

By | July 14, 2017

Section 38 Tripura GST Act 2017 ( Section 38 Tripura GST Act 2017 explains Furnishing details of inward supplies  and is covered in Chapter IX :  RETURNS ) Furnishing details of inward supplies. 38. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10… Read More »

Section 37 Tripura GST Act 2017 : Furnishing details of outward supplies

By | July 14, 2017

Section 37 Tripura GST Act 2017 ( Section 37 Tripura GST Act 2017 explains Furnishing details of outward supplies  and is covered in Chapter IX :  RETURNS ) Furnishing details of outward supplies 37. (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section 10 or… Read More »

Section 36 Tripura GST Act 2017 : Period of retention of accounts

By | July 14, 2017

Section 36 Tripura GST Act 2017 ( Section 36 Tripura GST Act 2017 explains Period of retention of accounts  and is covered in Chapter VIII :  ACCOUNTS AND RECORDS ) Period of retention of accounts 36. Every registered person required to keep and maintain books of account or other records in accordance with the provisions of sub-section (1) of section… Read More »

Section 35 Tripura GST Act 2017 : Accounts and other records

By | July 14, 2017

Section 35 Tripura GST Act 2017 ( Section 35 Tripura GST Act 2017 explains Accounts and other records  and is covered in Chapter VIII :  ACCOUNTS AND RECORDS ) Accounts and other records 35. (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct account… Read More »

Section 33 Tripura GST Act 2017 : Amount of tax to be indicated in tax invoice and other documents

By | July 14, 2017

Section 33 Tripura GST Act 2017 ( Section 33 Tripura GST Act 2017 explains Amount of tax to be indicated in tax invoice and other documents  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) Amount of tax to be indicated in tax invoice and other documents 33. Notwithstanding anything contained in this Act or… Read More »

Section 32 Tripura GST Act 2017 : Prohibition of unauthorised collection of tax

By | July 14, 2017

Section 32 Tripura GST Act 2017 ( Section 32 Tripura GST Act 2017 explains Prohibition of unauthorised collection of tax  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) Prohibition of unauthorised collection of tax 32. (1) A person who is not a registered person shall not collect in respect of any supply of goods… Read More »

Section 31 Tripura GST Act 2017 : Tax Invoice

By | July 14, 2017

Section 31 Tripura GST Act 2017 ( Section 31 Tripura GST Act 2017 explains Tax Invoice  and is covered in Chapter VII :  TAX INVOICE, CREDIT AND DEBIT NOTES ) Tax Invoice 31. (1) A registered person supplying taxable goods shall, before or at the time of,— (a) removal of goods for supply to the recipient, where the supply involves… Read More »

Rule 35 CGST Rules 2017 : Value of supply inclusive of integrated tax, Central tax, State tax, Union territory tax

By | July 14, 2017

Rule 35 CGST Rules 2017 Summary of Rule 35 CGST Rules 2017 ( Rule 35 CGST Rules 2017 explains Value of supply inclusive of integrated tax, Central tax, State tax, Union territory tax and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Rule 35… Read More »

Rule 34 CGST Rules 2017 : Rate of exchange of currency, other than Indian rupees, for determination of value

By | July 14, 2017

Rule 34 CGST Rules 2017 Summary of Rule 34 CGST Rules 2017 ( Rule 34 CGST Rules 2017 explains Rate of exchange of currency, other than Indian rupees, for determination of value and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017  and amended by  Central… Read More »

Rule 33 CGST Rules 2017 : Value of supply of services in case of pure agent

By | July 14, 2017

Rule 33 CGST Rules 2017 Summary of Rule 33 CGST Rules 2017 ( Rule 33 CGST Rules 2017 explains Value of supply of services in case of pure agent and is covered in Chapter IV  –  Determination of Value of Supply  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017 ) Rule 33 CGST Rules 2017 Value… Read More »