Uttarakhand GST Act 2017 Uttarakhand GST Act 2017 assented to by Governor on 25 th May 2017 CHAPTER I PRELIMINARY Section – 1 Short title, extent and commencement Section – 2 Definitions CHAPTER II ADMINISTRATION Section – 3 Officers under this Act Section – 4 Appointment of officers Section – 5 Powers of officers Section… Read More »
Jharkhand GST Act 2017 Jharkhand GST Act 2017 received the Assent of Governor on 15.06.2017 THE JHARKHAND GOODS AND SERVICES TAX ACT , 2017 (JHARKHAND ACT 12, 2017) An ACT to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Jharkhand and… Read More »
GST: Govt launches webpage to facilitate IT, electronic goods taxpayers In order to ensure preparedness for the Goods and Services Tax (GST) roll-out from July 1, the Ministry of Electronics & Information Technology has launched a dedicated web page for facilitating tax payers with regard to addressing issues related to IT services and electronic goods.… Read More »
GST Accounts and Records Introduction 1. Assessment in GST is mainly focused on self assessment by the taxpayers themselves. Every taxpayer is required to self-assess the taxes payable and furnish a return for each tax period i.e. the period for which return is required to be filed. The compliance verification is done by the department… Read More »
GST Practitioners Introduction Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. A registered person may authorise an approved GST practitioner to furnish information, on his behalf, to the government. The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and… Read More »
Transitions provisions under GST Introduction GST is a significant reform in the field of indirect taxes in our country. Multiple taxes levied and collected by the Centre and States would be replaced by one tax called Goods and Services Tax (GST). GST is a multi-stage value added tax on consumption of goods or services or… Read More »
Advisory for GST migration The GST common portal would reopen for migration on 25th June 2017. Assessees are required to complete the migration process before 30th September 2017. DG Systems is constantly compiling the provisional Id requests and sending them to GSTN for creation of Provisional IDs and pursuing with GSTN for issuance of PIDs and… Read More »
GST Seva Kendra Download GST Seva Kendra Guidance Manual
GST Refunds Introduction Timely refund mechanism is essential in tax administration, as it facilitates trade through the release of blocked funds for working capital, expansion and modernisation of existing business. The provisions pertaining to refund contained in the GST law aim to streamline and standardise the refund procedures under GST regime. Thus, under the GST… Read More »
GST Recovery of Tax Introduction 1. Tax administration occasionally comes across situations where the tax dues are not paid correctly by the tax payers, most of the times inadvertently and sometimes deliberately. To minimise the inadvertent short payment of taxes, the concept of ‘Matching’ details of ‘Outward supplies’ of supplier with the details of ‘Inward… Read More »