Daily Archives: September 18, 2017

No Release of Goods detained under GST Act on Simple Bond and 50% Payment : High Court

By | September 18, 2017

Issue :  It was also ordered that on payment of 50% of such demand along with execution of a simple bond, the goods shall be released. It is this judgment which is challenged before us. Held  Section 129 of the CGST Act and SGST ordinance provides for detention, seizure and release of goods and conveyances… Read More »

Section 150 Karnataka GST Act 2017 : Obligation to furnish information return.

By | September 18, 2017

Section 150 Karnataka GST Act 2017 [ Section 150 Karnataka GST Act 2017 explains Obligation to furnish information return and is covered in CHAPTER XXI MISCELLANEOUS ] Obligation to furnish information return. 150. (1) Any person, being— (a) a taxable person; or (b) a local authority or other public body or association; or (c) any authority of the State Government… Read More »

Section 149 Karnataka GST Act 2017 : Goods and services tax compliance rating.

By | September 18, 2017

Section 149 Karnataka GST Act 2017 [ Section 149 Karnataka GST Act 2017 explains Goods and services tax compliance rating  and is covered in CHAPTER XXI MISCELLANEOUS ] Goods and services tax compliance rating. 149. (1) Every registered person may be assigned a goods and services tax compliance rating score by the Government based on his record of compliance with… Read More »

Section 148 Karnataka GST Act 2017 : Special procedure for certain processes.

By | September 18, 2017

Section 148 Karnataka GST Act 2017 [ Section 148 Karnataka GST Act 2017 explains Special procedure for certain processes.  and is covered in CHAPTER XXI MISCELLANEOUS ] Special procedure for certain processes. 148. The Government may, on the recommendations of the Council, and subject to such conditions and safeguards as may be prescribed, notify certain classes of registered persons, and… Read More »

Section 147 Karnataka GST Act 2017 : Deemed Exports.

By | September 18, 2017

Section 147 Karnataka GST Act 2017 [ Section 147 Karnataka GST Act 2017 explains Deemed Exports.  and is covered in CHAPTER XXI MISCELLANEOUS ] Deemed Exports. 147. The Government may, on the recommendations of the Council, notify certain supplies of goods as “deemed exports”, where goods supplied do not leave India, and payment for such supplies is received either in… Read More »

Section 146 Karnataka GST Act 2017 : Common Portal.

By | September 18, 2017

Section 146 Karnataka GST Act 2017 [ Section 146 Karnataka GST Act 2017 explains Common Portal  and is covered in CHAPTER XXI MISCELLANEOUS ] Common Portal. 146. The Government may, on the recommendations of the Council, notify the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of returns, computation and settlement of integrated tax,… Read More »

Section 145 Karnataka GST Act 2017 : Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence.

By | September 18, 2017

Section 145 Karnataka GST Act 2017 [ Section 145 Karnataka GST Act 2017 explains Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence  and is covered in CHAPTER XXI MISCELLANEOUS ] Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence. 145. (1) Notwithstanding anything contained in… Read More »

Section 144 Karnataka GST Act 2017 : Presumption as to documents in certain cases.

By | September 18, 2017

Section 144 Karnataka GST Act 2017 [ Section 144 Karnataka GST Act 2017 explains Presumption as to documents in certain cases  and is covered in CHAPTER XXI MISCELLANEOUS ] Presumption as to documents in certain cases. 144. Where any document- (i) is produced by any person under this Act or any other law for the time being in force; or… Read More »

Section 143 Karnataka GST Act 2017 : Job work procedure.

By | September 18, 2017

Section 143 Karnataka GST Act 2017 [ Section 143 Karnataka GST Act 2017 explains Job work procedure and is covered in CHAPTER XXI MISCELLANEOUS ] Job work procedure. 143. (1) A registered person (hereafter in this section referred to as the “principal”) may, under intimation and subject to such conditions as may be prescribed, send any inputs or capital goods,… Read More »

Section 142 Karnataka GST Act 2017 : Miscellaneous transitional provisions.

By | September 18, 2017

Section 142 Karnataka GST Act 2017 [ Section 142 Karnataka GST Act 2017 explains Miscellaneous transitional provisions and is covered in CHAPTER XX TRANSITIONAL PROVISIONS ] Miscellaneous transitional provisions. 142. (1) Where any goods on which tax, if any, had been paid under the existing law at the time of sale thereof, not being earlier than six months prior to… Read More »