Daily Archives: January 31, 2018

Section 39 of Punjab GST Act 2017 : Furnishing of returns.

By | January 31, 2018

Section 39 of Punjab GST Act 2017 ( Section 39 of Punjab 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… Read More »

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

By | January 31, 2018

Section 38 of Punjab GST Act 2017 ( Section 38 of Punjab 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… Read More »

Section 37 of Punjab GST Act 2017 : Furnishing details of outward supplies.

By | January 31, 2018

Section 37 of Punjab GST Act 2017 ( Section 37 of Punjab 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… Read More »

Section 36 of Punjab GST Act 2017 : Period of retention of accounts.

By | January 31, 2018

Section 36 of Punjab GST Act 2017 ( Section 36 of Punjab 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)… Read More »

Section 35 of Punjab GST Act 2017 : Accounts and other records.

By | January 31, 2018

Section 35 of Punjab GST Act 2017 ( Section 35 of Punjab 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… Read More »

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

By | January 31, 2018

Section 33 of Punjab GST Act 2017 ( Section 33 of Punjab 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… Read More »

Section 32 of Punjab GST Act 2017 : Prohibition of unauthorized collection of tax.

By | January 31, 2018

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

Section 30 of Punjab GST Act 2017 : Revocation of cancellation of registration.

By | January 31, 2018

Section 30 of Punjab GST Act 2017 ( Section 30 of Punjab GST Act 2017 explains Revocation of cancellation of registration and is covered in  CHAPTER VI REGISTRATION )   Revocation of cancellation of registration. 30. (1) Subject to such conditions as may be prescribed, any registered person, whose registration is cancelled by the proper officer on his own motion,… Read More »

Section 29 of Punjab GST Act 2017 : Cancellation of registration.

By | January 31, 2018

Section 29 of Punjab GST Act 2017 ( Section 29 of Punjab GST Act 2017 explains Cancellation of registration and is covered in  CHAPTER VI REGISTRATION )  Cancellation of registration. 29. (1) The proper officer may, either on his own motion or on an application filed by the registered person or by his legal heirs, in case of death… Read More »

Section 28 of Punjab GST Act 2017 : Amendment of registration.

By | January 31, 2018

Section 28 of Punjab GST Act 2017 ( Section 28 of Punjab GST Act 2017 explains Amendment of registration and is covered in  CHAPTER VI REGISTRATION )  Amendment of registration. 28. (1) Every registered person and a person to whom a Unique Identity Number has been assigned shall inform the proper officer of any changes in the information furnished… Read More »

Section 27 of Punjab GST Act 2017 : Special provisions relating to casual taxable person and non-resident taxable person.

By | January 31, 2018

Section 27 of Punjab GST Act 2017 ( Section 27 of Punjab GST Act 2017 explains Special provisions relating to casual taxable person and non-resident taxable person and is covered in  CHAPTER VI REGISTRATION )  Special provisions relating to casual taxable person and non-resident taxable person. 27. (1) The certificate of registration issued to a casual taxable person or… Read More »

Section 26 of Punjab GST Act 2017 : Deemed registration.

By | January 31, 2018

Section 26 of Punjab GST Act 2017 ( Section 26 of Punjab GST Act 2017 explains Deemed registration and is covered in  CHAPTER VI REGISTRATION )  Deemed registration. 26. (1) The grant of registration or the Unique Identity Number under the Central Goods and Services Tax Act shall be deemed to be a grant of registration or the Unique… Read More »

Section 25 of Punjab GST Act 2017 : Procedure for registration.

By | January 31, 2018

Section 25 of Punjab GST Act 2017 ( Section 25 of Punjab GST Act 2017 explains Procedure for registration and is covered in  CHAPTER VI REGISTRATION )  Procedure for registration. 25. (1) Every person who is liable to be registered under section 22 or section 24 shall apply for registration within thirty days from the date on which he… Read More »

Section 24 of Punjab GST Act 2017 : Compulsory registration in certain cases.

By | January 31, 2018

Section 24 of Punjab GST Act 2017 ( Section 24 of Punjab GST Act 2017 explains Compulsory registration in certain cases and is covered in  CHAPTER VI REGISTRATION )  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 this Act,- (i) persons… Read More »

Section 23 of Punjab GST Act 2017 : Persons not liable for registration.

By | January 31, 2018

Section 23 of Punjab GST Act 2017 ( Section 23 of Punjab GST Act 2017 explains Persons not liable for registration and is covered in  CHAPTER VI REGISTRATION )  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 goods or services… Read More »

Section 22 of Punjab GST Act 2017 : Persons liable for registration.

By | January 31, 2018

Section 22 of Punjab GST Act 2017 ( Section 22 of Punjab GST Act 2017 explains Persons liable for registration and is covered in  CHAPTER VI REGISTRATION )  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 this Act if… Read More »

Section 21 of Punjab GST Act 2017 : Manner of recovery of credit distributed in excess.

By | January 31, 2018

Section 21 of Punjab GST Act 2017 ( Section 21 of Punjab GST Act 2017 explains Manner of recovery of credit distributed in excess and is covered in  CHAPTER V INPUT TAX CREDIT )  Manner of recovery of credit distributed in excess. 21. Where the Input Service Distributor distributes the credit in contravention of the provisions contained in section… Read More »

Section 20 of Punjab GST Act 2017 : Manner of distribution of credit by Input Service Distributor.

By | January 31, 2018

Section 20 of Punjab GST Act 2017 ( Section 20 of Punjab GST Act 2017 explains Manner of distribution of credit by Input Service Distributor and is covered in  CHAPTER V INPUT TAX CREDIT )  Manner of distribution of credit by Input Service Distributor. 20. (1) The Input Service Distributor shall distribute the credit of State tax as State… Read More »

Section 19 of Punjab GST Act 2017 : Taking input tax credit in respect of inputs and capital goods sent for job work.

By | January 31, 2018

Section 19 of Punjab GST Act 2017 ( Section 19 of Punjab 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 )  Taking input tax credit in respect of inputs and capital goods sent for job work. 19. (1) The… Read More »

Section 18 of Punjab GST Act 2017 : Availability of credit in special circumstances.

By | January 31, 2018

Section 18 of Punjab GST Act 2017 ( Section 18 of Punjab GST Act 2017 explains Availability of credit in special circumstances and is covered in  CHAPTER V INPUT TAX CREDIT )  Availability of credit in special circumstances. 18. (1) Subject to such conditions and restrictions as may be prescribed- (a) a person who has applied for registration under… Read More »

Section 16 of Punjab GST Act 2017 : Eligibility and conditions for taking input tax credit.

By | January 31, 2018

Section 16 of Punjab GST Act 2017 ( Section 16 of Punjab GST Act 2017 explains Eligibility and conditions for taking input tax credit and is covered in  CHAPTER V INPUT TAX CREDIT )  Eligibility and conditions for taking input tax credit. 16. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and… Read More »

Section 14 of Punjab GST Act 2017 : Change in rate of tax in respect of supply of goods or services.

By | January 31, 2018

Section 14 of Punjab GST Act 2017 ( Section 14 of Punjab GST Act 2017 explains Change in rate of tax in respect of supply of goods or services and is covered in  CHAPTER IV TIME AND VALUE OF SUPPLY )  Change in rate of tax in respect of supply of goods or services. 14. Notwithstanding anything contained in… Read More »

Section 11 of Punjab GST Act 2017 : Power to grant exemption from tax.

By | January 31, 2018

Section 11 of Punjab GST Act 2017 ( Section 11 of Punjab GST Act 2017 explains Power to grant exemption from tax and is covered in  CHAPTER III LEVY AND COLLECTION OF TAX )  Power to grant exemption from tax. 11. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it… Read More »

Section 10 of Punjab GST Act 2017 : Composition levy

By | January 31, 2018

Section 10 of Punjab GST Act 2017 ( Section 10 of Punjab GST Act 2017 explains Composition levy and is covered in  CHAPTER III LEVY AND COLLECTION OF TAX )  Composition levy. 10. (1) Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sections (3) and (4) of section 9, a registered person,… Read More »