Taxmann's GST Ready Reckoner

Page 1




Contents E G A P

Acronyms in GST

I-13

Section Index

I-17

CHAPTER 1 1

GST - An overview

CHAPTER 2 35

IGST, CGST, SGST and UTGST

CHAPTER 3 41

Taxable event in GST

CHAPTER 4 82

Supply of goods or services or both

CHAPTER 5 97

Classification of goods and services

CHAPTER 6 Value of taxable supply of goods or services or both

I-5

114


S T N E T N O C

I-6 E G A P

CHAPTER 7 Valuation Rules if value for GST not ascertainable

139

CHAPTER 8 VAT concept and its application in GST

155

CHAPTER 9 Input Tax Credit (ITC)

162

CHAPTER 10 Input Tax Credit - Other issues

190

CHAPTER 11 Input Tax Credit when exempted as well as taxable supplies made

200

CHAPTER 12 Input Service Distributor (ISD)

216

CHAPTER 13 Person liable to pay tax

222

CHAPTER 14 Place of supply of goods or services or both other than exports or imports

236

CHAPTER 15 Place of supply in case of export or import of goods or services or both

258


S T N E T N O C

I-7

E G A P

CHAPTER 16 Exports and Imports

295

CHAPTER 17 Special Economic Zones (SEZ) and EOU

339

CHAPTER 18 Time of supply of goods and services

346

CHAPTER 19 Reverse charge

357

CHAPTER 20 Exemption from GST by issue of Notification

371

CHAPTER 21 Concessions to small enterprises in GST

382

CHAPTER 22 Construction and Works Contract Services

406

CHAPTER 23 Real Estate Services relating to residential and commercial apartments

430

CHAPTER 24 TDR/FSI/Upfront amount in long term lease in real estate transactions

462


S T N E T N O C

I-8 E G A P

CHAPTER 25 Distributive Trade Services

485

CHAPTER 26 Passenger Transport Services

509

CHAPTER 27 Goods Transport Services

523

CHAPTER 28 Financial and related services

538

CHAPTER 29 Leasing or rental services and licensing services

565

CHAPTER 30 Software and IPR Services

577

CHAPTER 31 Business and production services

588

CHAPTER 31A Job Work

613

CHAPTER 32 Telecommunication, broadcasting and information supply

641


S T N E T N O C

I-9

E G A P

CHAPTER 33 Community social, personal and other services

649

CHAPTER 34 Government related activities

694

CHAPTER 35 Basic procedures in GST

729

CHAPTER 36 Registration under GST

749

CHAPTER 37 Tax Invoice, Credit and Debit Notes

788

CHAPTER 38 E-way Bill for transport of goods

818

CHAPTER 39 Payment of taxes by cash and through input tax credit

863

CHAPTER 40 Returns under GST

884

CHAPTER 41 Assessment and Audit

927


S T N E T N O C

I-10 E G A P

CHAPTER 42 Demands and recovery

939

CHAPTER 43 Refund in GST

976

CHAPTER 44 Powers of GST Officers

1039

CHAPTER 45 Offences and penalties

1052

CHAPTER 46 First Appeal and revision in GST

1063

CHAPTER 47 Appeal before Appellate Tribunal

1077

CHAPTER 48 Appeals before High Court and Supreme Court

1087

CHAPTER 49 Prosecution and compounding

1091

CHAPTER 50 Provisions relating to evidence

1100


S T N E T N O C

I-11

E G A P

CHAPTER 51 Electronic Commerce

1107

CHAPTER 52 Miscellaneous issues in GST

1118

CHAPTER 53 GST Compensation Cess

1155

CHAPTER 54 Transitory Provisions

1161

CHAPTER 55 Constitutional Background of GST SUBJECT INDEX

1175 1189


9 R E T P A H C

Input Tax Credit (ITC)

.n x i ae t t a dt eS s a e bh nt n oi i t d a e nt i t c s e e l l do sc i s Ti x Sa Gt t sa a h Tt s Se . Gr d fue s o m n te u p s edn cn o na c os e ce r exa r ah ot t cfo eob htr c t o e sf f s i e )ec Cgi Tn v r Id ie ( tas i cr d s o ea r s c Cs d o xd o ai Tog v h ta c u i pCh Tw nI I

9.1 ITC is core provision of GST

. t c A T S G C f o ) 3 6 ( 2 n o i t c e s ’ x a t t u p n i ‘ f o t i d e r c s n a e m ” t i d e r c x a t t u p n I “

tlr g x n a u oa n oi t pi t s s v p r na t d o i e ou r pp p fco o n ogi yf sf n nl r ao oo oa . n i t d(f] ee t i r r e c n n d e e l A h r fia i b li u e(p gT Wb spi Dd lS u e e G -h -os o sC . t i t gys ,c f t o ybs A c nde) AT n e 5 As i ( sS s 7 .uu i G e h 1 t debn C i rf wbfo e o o i do ytet c 5 n r dce 5 u e 1 vens a t d n i n r sn i d i o eed et i h st r e t dn c c e o i r fi x s orui c f a gor e t n ldop to s a efs u t s s i o pr a p u ne a et ’ i s p e cc i r rh o diud e v c f or nr u c c ae e s l ssed b n h t i e o g cute k i i p l n c e v e i ni o r l i )l sl e l i s yhb ‘ t a eh no ta t hs u bp e pdr tm c a nn ox i ha i e ,as[ t ) l )e s sc t c dsi i mh d odv i o c e r oo a u r e l gg c c s s ( Wide definition of input, input services and capital goods

Burden of proof on taxable person availing input tax credit

. em] um C t oT a ecI t h.g s n ecnn hsal i e t i hma rt x v e draa t ne9 n p i us 9i t ra e =m l y i a l 1l en e do5m 7 oyTi r t t a Sr di o G ec d fi f e ne0d en7i t e8 )v x b1 o ey 0r tb fi 2p e (n nd a e c ev bi w fe a c o e.l t erva r e.h ub t t a n d na l e nc h i n s so i i a s ts w i d t i ee , c r n e Co s xc a ae c Th s i tT h u . t pe n nm-[ I I e . -et ) h u C ct S s a ( t ys 2 r 0 f2 oo t Input Tax Credit is in nature of benefit/concession can be only as per provisions of statute CTO

ALD Automotive (P) Ltd

,d ) Te Sg Gr a Ch(cs x)e aTd t Su lGl a c rTn t Ui n( d ex n Ca — eta s hym w tri o si th o n l o rt l a r o ee f et d s mn a a ,o ’ n m i x on a s h Ut t rr t e o u pob p d)r T n e i So ‘ s s rGe e e t Ic ( s n i i xv fig r e eae d rts d t aer c t o oa A t s r T ngd e o S ot i o G t n g I a C l , f ) f eT o o rS y nGl ) i 2 p 6 ”Sp ( x(u 2 axs n tay ttn o u i e t a t pa c nt e I n So S “

9.1-1 Input Tax

s d o o g f o t r o p m i n o d e g r a h c x a t s e c i v r e s d n a s d o o g d e t a r g e t n i e h t ) (

9 n o i t c e s f o ) 4 ( d n a ) 3 ( s n o i t c e s b u s f o s n o i s i v o r p e] hT t S rG e dC nf uo ee l g b r aa yh ac pe s xr ae t v ee h[ r t ) (

a b

f o 5 n o i t c ] eT s S fG o I )f 4 o ( de ng r aa )h 3 c ( se ns r oe i t v c e er s [ t b uc sA fx o a sT ns oe i c s i i v v or re pS ed hn t a rs e d do no uG ed l b e at a yr ag pe xn t aI t ee h ht t ) (

c

fe o g r )a 4 ( h nc oe i s t r c e ev s e b r [ ut sc dA nx aa )T 3 ( s e nc oi i v tr c e eS s b d un sa fs o d so no oG i s e i t v oa rt pS e ev hi t t c re e p ds ne ur ee l h b atr yfo ao] p9T xnS aoG i t t S ec f eo hs t ) (

d

162


T S G F O N O I S I V O R P E R O C S I C T I

163

Para 9.1

fe o g r )a 4 ( h nc oe i s t r c e ev s e b r [ ut sc dA nx aa )T 3 ( s e nc oi i v tr c ee s S b d un sa fs o d so no oG i s i y v r oo rt pi r r ee hT t rn e o di nn uU ee l h b at yf, ] aoT p7S xnG aoT i t t U ec f eo hs t ) ( e

. y v e l n o i t i s o p m o c e h t r e d n u d i a p x a t e h t e d u l c n i t o n s e o d t u b

Flow of Input Tax Credit Imports – Basic customs duty and IGST paid at the time of import

Inter-state procurement - IGST paid by supplier

Procurement from within State CGST and SGST/UTGST paid by supplier

Taxable Person Taking credit of IGST on imports and inter-state procurement Taking credit of CGST and SGST/UTGST paid on procurement within State

Exports and supplies to SEZ-Zero rated No tax paid

Inter-state supply IGST charged

Supply within State/Union Territory - SGST/ UTGST

Input

Output

IGST

IGST and then CGST and SGST/ UTGST in any order

CGST

After full utilisation of IGST credit, utilise CGST credit for payment of CGST and if balance left, utilise for IGST

SGST/ UTGST

After full utilisation of IGST credit, utilise SGST/UTGST credit for payment of SGST/UTGST and if balance left, utilise for IGST


) C T I ( T I D E R C X A T T U P N I

) do0 et2 n gi 0 dr 2 ue j t( d n ae t. eo v bn on t a sc t a . hn ) e h y c cm n t nr e ea b i p r d ee e pd-b em xxe ea s t e le s a e m i ms3 c s r oa e c C yS mn b( i mt d1 ai oh a7 ct p6 tds a m t hnn o a t c u. eo de n l smn e hsaa e s fm ss o a x a he a s t s sh e 7 t tn1 n f e 1 eo l b m a = gwn e 1 di o9 uv s3 j fa for en o t a n f m ai o x not a epe t kT m a c2 coi 7 h2 rt Af

l ef-a o r ev u u s o t s nr i e d e p nnvp e e el a r pb h et xa en hi eotwn f hso di a t w retee t o r e o i h,nu v s t d s q e r n e a hn a5 l i wi n s m gua3i 4 nbm1 s i f n s C5 i s o S2 m e7 e n rs i 65 e os 9R t u p e 1C drbR S rufI 1 opoA t f en ) 9 yhi =6 cto 19 nrp8 o ef e 1 i h3( d ettR pumT I. xoo ei dr 5v la f6 a ld) i c ye7 6 r l g9 e e . mvd1 1 u i ( 8 msj u 7 ole ccb C x o fe C t o S s tda s n 1 e ah ) t e 7 gyr 0 nl lu 0 i o t 2 i y hd ( l p wnv . p e s aa p x n. nw v e i I e s o p r u p e h t r o f ‘ n o i s s e r p x e. 9 e5 h3 t nC aC hS t e6 p1 ) o5 c1 s 0 n2 i r( e d i . wv s i ’ s s e n i s u b fo ’ t ei s f oo pr rp ug pn i en hr t a re of Fo ‘

sd sn a emso i e l s si h t n r nt i e os on t p i u eh t bh c et i c s r boi u t ,bh s s t e r f c r ofo A o d ser e nTc e cg aSi nd sGvae nCrr e l e ofs t i h o i t rt i d r 9 o d e n4sur f c ondr ci ooo c i o n ht ccgeo uefsr r ssou t c n yo oi e l t ce l p dp te ee c fiu h h ei j cstt b ueyno spnit ,sadd e l r n l e s e a t i hnoud sndee naebr omg c s ro a t e e r h b . d h e t c ptcel lA enxda a i n l hT t b e d sS tt anu tG nn xa i p ad ruC no t of ei db f mo ei d o r ) rt ea1 e c s i ( t s ud6 d s i e i e a 1 r es g r r epc n a eo r e e i hht ybk r c yacte i e d t h vao ns wa Emt n o i t c e s n i o t d e r r e f e r r e g d e l t i d e r c c. i t n oc rA t T c eS l G e C ef ho t ) s6 n4 a( e2 mn o rt i e c ge ds eLt tc i A d eT r CS G cC i n f oo r) t c 2 ( e9 l E 4

a dd ee y z ni b i l a i d. t t et u n s i c e a uA mb eT n bS ma oG rc t oi t dC f d f eo ce i d r n n ) oc 9 e ri s t 5 t ( n h c 2 i eT r l . n . t e o o nnc i d o A t i e s c rr s T e e u s geS , dpG s e s el C ds l oe b t f i on ao d i ex) gs a l 4 r u t a ( c t b i xd9 p f ae4 a o r t n e tt e o cc u si pit nn ngc aa h e e i r ers te hhn rt h e i c t hr a d t se i u e o ” f fi r r sr i o e d o gfc o e dlp e os eas t gr Lr s yu oa tp i no d y ac ent i se r oi l h nt Cmb a cmi a e n i l i n m r ooT ” e rcS t i t eG l u c p h p et p l r n u to E Is “af “

e h t n i r e i l p p u s a y b d. t ec s uA eT bS oG t C df eo d) n0 e6 t ( n 2 i n ro oi t dc ee s s ues cs i e v n r i e s s u yb nf ao se nc an ea r me ”t h e r cu i v f r r e So e ts u r pu no I c “

f rro e e hhe t t c e o n h a y wn r e ,a s h e t rr co i u v lf r a e r s s o o rp e os s sir ddu oro ooc g e e fs h o t a en yl l i p ,n l pa o ut s sn ser nre a,p e ec h c mn u ,e s n c y. ol i s, bt r eec e pgdA n aT aa mS oh t c G nxeC oebf i oo t ,t r a e ) l d3 e t e r r 8 a e( nb r 2 i g ”,a n y r o l e rt i p f oc ps unee sads dras rtms , a e e , l wa e n ts ds i u Oyou “bmb

t dr ncu ne oib n h at Co, si r 8 de1Tt 1 c ot4Ie 0 onnel 2 geoke a i , fmt sc t o cti n h n e tr aoA n esc ) ev t t i oo i t n sn p i e Gtos c s c am ehe r bd r tje eibpln hwu ae d n t xse m , o a s t r i i A t c e s ( i Aestv s i i oT Thhg rS StTe d .rpG Ge t ti eae Ci d hnd fs et o i o r tov )pC a dd e (d xhee ) t 2 t sati s d ( r T a e 6 e e 1htdr s n nruici v p e e oi o n s l i r b t I p c p c i l p f l l eu hi o a s w t c sni i rf h e h o n pii ci w t y i sl a s , h tw An s d i c r -oi l ,o CtAs TuTiw IhSse a lg Gbh i a u T t[ voCn f ar er o nh e at mg s cr s d e e so s l e h t cs si a i a d v c f e r l r e e n s c s i

and

section 43A

CIT Hero Cycles

CIT

Shiv Raj Gupta

S A Builders

CIT

CIT Walchand & Co. J K Woollen Manufacturers CIT

164 Para 9.2

9.1-2 Whether expenditure is ‘in the course of or furtherance of business’ is for businessman to decide, not revenue

9.2 Manner of taking input tax credit

Input tax credit available only if supplier of goods and services has deposited the tax with Government c


T I D E R C X A T T U P N I G N I K A T F O R E N N A M

Para 9.2 165

ts fe o A e b c -i nl l v oi r i w t e c s n uo r di o os i s rv t d o n o r i o rp g e s t i f f h o At r , .t e d i l ec p fiA p i T t u o S s nG e eC h r t f e r wo e h sA t n3 e o4 h i n s w i o v . i ] t w oc o re o s ps l n a rrt k e e c o hd t t . nA o t mn nuT se i esS m n hnG an wrC u h r f t ce 9e o e v 1r mo 0 A f 3 G 2o oo 2 e4 nt n r 1 o s u x i ndi a t e t oec r e e e dcs o h h er t o t fip t d , i t t t i d n o a ec e e p ns j s i s b tv e o a r u es nr ph No mechanism to know whether supplier of goods or services has paid the tax

ed cn i a v r T e SS tG u C pf no I e6 h3 t e gl nu i R d ul s c t nn i , e n om su r c e o pd dg en r i e t w s o i l g l eo r f ae yh bt df eo l i y a vn aa ef bo s li l s a ha sb t : e i 7 d h1 et 0 r n2 c , xos , ar e t l o tt u u u R pb ni T i r S t es G hi TDS

9.2-1 Documentary requirements and conditions for claiming input tax credit

er co ns ae di c rv or ce cs ar no i s hd t o o o bg rf oo sr e e ci i l v p r p e u s s rf oo se dc oi oo gv n fI o [ r1 e 3 i l n p pi o ut sc e es hf t o ys bn do i es ui sv s o i er cp i e o h vt ] nhh i t to ni awb ) ( a

t c e j b u s , ) f ( ) 3 ( 1 3 n o i t c e s f o ] s si s na ob i s i e v g or ra ph ec he t s he r t i v we er cn n ao dd ri oa cp cx a at n[ i x da et uf so s t i en ce i m o y va np i no at ) ( b

n o i t c e s f o s n o i s i v o r p e h t h t i w e c n a d r o c c a n i r e i l p p u s a y b d e u s s i e t o n t i b e. d4 a3 ) ( c

r o f s e l u R r o t c A s m o t s u C r e d n u d e b i r c s e r p t n e m u c o d r a l i mT iS s G rI of yo r t t n n ee fm o s s le l is b s aa ) ( d

e c n a d r o c c a n i r o t u b i r t s i D e c i v r e S t u p n I n7 . a1 y0 b2 , ds ee ul su s R i eT t S o nG tC i d f eo r ) c 1 r( o4 e5 e cl i o u vr nh i t ni aw ) ( e

sl e e b da i v ct , oi ln rp pp e s m a e e u l u h c t o Rl d Tld a Si fi a Gy s Cl e n fo h o t )nn 2 o i ( sd 6 r 3e e n epi l da u t Ren r e o t c s i e g r ea r s ae yl bu dR ee l c i i a o vv an eI bn li l d a he si b tr i c d s ee r r Cp xs aa Ts tr u a l pu nc I i t tr a a hp t Input Tax Credit available if tax invoice contains minimum specified details, even if it does not contain all required details . s n o i s s i m o e m o s e b y a m e r e h t t a h t e l b i s s o p s i t i , r e v e w o H

tT fu no io c S i et NpG n pp Ii C si T r , f ec Sy o l hs G p t e ) p 2 ldh ,u l ( a ,ts 6 d o 3 ne bee i g t a l r rau t t a o n r S ohso rt cce e xi ct ta o n vi ntr fef so so e otre dnos tusan o n dco emo ns maoir ye uegl ch fpp o ot d pe d f u y r l se dop i t sp fs a l i i s uog a etsee hefcr d a o t h l fe p c e i h u tt du. l a ns8 a s hn vay1 t 0 i ltb2 da a ettnd9 e e dnoi l t o i i p 4 a v c,i c s v . ote f ea. ru cre e pb . i s vdbw r s i n d r y e ta aa s i e l t rmr re wu e ocoi ts l i i t s nr p d n dp ,a i e e o u r s cpos c e n g l d e xu ee fh aR io Hf tt -

Proviso

. d e e d n i n o i t a x a l e r l a c i t c a r p d n a d o o G

t fn eno cr i a udv o t ve nl e nr ee i yeer e nhhh attt f fo gf o no tgig c nwn el i oi pi l l l i sfo e e f r hfr ntro e i s trbn e i i t ma d ef r t e a r t ,p e c h p e xt Se ao t t b o f tr o n u pohi t nst b i ene ec o d ki m v ) ar * t ( e e os r h t o t drr e eoo c l s i t i dfo t otv n n eoci egAh bfTc toSu o y Gs nl h p Cc lp l a fi huoh ss w nr9o 3 o of t se n r r o a t e i e pot y c ene l l tsi a i b abrc xeen adda t n ni ru Ao f

9.2-2 Input tax credit cannot be taken after one year from date of invoice or filing of annual return


) C T I ( T I D E R C X A T T U P N I

. n) i B dW emR rA i f A n o( c2 –3 t2 c Am o Tc . Sn Gn Ca fm o x )a 4 t ( 6 0 13 n1 o= i t c 2 e2 s 4 –T S G 8 8 ) 1 2 0 2 (

Eastern

, n r u t e r l a u n n a

f To Sr Ge dhb ei tm t t e wt i mep te oo S nnf eto ei n b be r u ed t vt e aa r hh f sto dsg ri n oti l wcf i e f ef r s e e e t lf ha a Tc i n t .c ’ e h v cae urd spe ed oh t a T o g. l n1 p i 2u t a 0 l e 2 e b r 1 n e1 a c. i fc o . e ve c. n.i w i r oa ‘ ve , e0 ny r i 2 e 0nt w2 n ae s,fu dto q rcte oAc s eeb wc p ensu haes nre Ti h nt *Fi whichever is earlier Coalfields Ltd., In re

166 Para 9.2

vide

ens . ce n i vi o a vet ndr i e e gs p ni a e i r c y i l r eo e v dbn nni uae fch o et ch ei t c o i a vh dn w di n o n aa t r efa t oe o nty tca l i e b i pc es n de a frn o nf i ei t f eo a t do d tnn a t e hi t b g se n i i tdw n , es o l muo l h dT f n. r ed e meb akm n ei e t hl p t e e fd S o tnh c t ee0 e f b3 f e r e e ev t ha f Tha

fd st re srodo eo a ote e t o f f hn t rdts o ,o ci rn 1t y ine a x l 2i e r e pe g t 0b p i ms yb nr 2e t ei i a l ed da e 9 ers d r h fi n h a 0 c o t i i t 2onnce , , e ) y aocd 1 dc 4 b2 nCAe en ( i t 06 d . f T a u a 1 e21 dutI2sn n s s f 1 n 0 i r Ti s ao o 2s e 1 Sf v i v e t et1 Go n t ooc l -e o e1 e e gts 1 r e 2trmmnb of t l 0aei i i o ob l 2dha lrs p /etvrei 6heafdwdn 1tn e o /,ielfCes i l o b s h i m Ta 0e a i tI Tc 6t v r c fvo 1ot .l e ie t .ne ppoar c o t p C t s p A d i n Nb e Te lTareI re l . h e m a 1 n daSb yt2 l i l n i u fhGl, r 0 a 1 a cosCl e 2 a v ) r 2 d1 ee s is h0 aa es nc ch 2re ai u1 t o o n cv r 1 f foe dn nn o i1yh o ,ii s t et i ) n , i w r l C v 1 4 g( rn i e ,e of b t &2n6 ) e r i 0 i v 4 I2 1p g a y ( om Bi l 6 l re r d ndo C1 1gn e o e -1 dt i dnenee b h .nc n o o m t f u i l . e e , l t a e a . fs C1c d wofmT2ehi a I 0 s sa teoff 2f , a t s e o o s o a s 1 hd e e ottt t h d pcn1not o e e e r r n i eh p e e u m s i t s t r i f to lf i i v e i tpr r ao b a f o e a ee vrr l hna nt c ( i opdb Financial year in which the debit note issued is relevant for ITC and not date of underlying invoice vide

tn t ni eb e ke u ad q t e ehs bcb u ns u ag s cn n ti i i u d d ese s r u i Cr s s xoi afi f tn Ti tm e u i v pl nee I T mS -i tG oh nc su i s en r o e hn Te k .a T St e Gb hn t i a wc fC i T ,I e t , o w ne i tv i b ey dm fn o i , se i c s n a be. s eH/ h.r e t t a no e ony Input Tax Credit on basis of debit note if with GST

,s . to fn si 5i 4t s e ib ol e e i m, dstg e a oc n hoti l ci e c c . o n r n u p v a nn smr e ai oem n t r gi mn f n d s i xi s e eh ay hm g t l t c r r n 7e uo a 2d c hose 1n hb cmt =uTxi 0eSiw1 2h s,2 3tGny0 l 2 f i l h Tmo a . ] Sotte1C i r i wR1T Gf d [ . edt f I 6dr . 8ec ece n k . A u )n wo xs 1 i a T t s l 2tu t i S 0e c ti p sGA 2d u ( e npeC b entfTt S eioo G o b, en)C n 4 t ci sn ( n a fa b6 hee 1oc eHdn4 )t t .ho(c o t i6A nnct teuc1n i s e m i b fsnd o eui f i e dcy t o i c lwe fon f i i c ndoese et i o p vnnvt s eeent d t k i ,n no ) , ar t en et a a pe nr emn e i a o , j dbydi n r l u nna t e ei vGiai d e-nccmn wRaenao a A t t ec oA nh o o i H( nnf tA I-tech Plast India P Ltd., In re

,T-o . t8 yeni l urb 9 1S1 n N ue odt r d7G0e ee yh r 1C2d o l 0 lt f hr a lgt2oc n l O ei g r )rs r tin a l 1 a ( n fii e te( i M 8e y 7 fa t 1k 3rl l o l e a u aer 7 noc i 1tt e c o f fi n 0eac i t f t c 2bdi ac i n o A D rnev fie f s a T eaunerS o ycdih t l l i r e a l ld i otdGv a t C e i tegn o c u n r f nccci o m r i r axAo e ue )R na i Tvdl 1 fit ( Snep 7 e tG i eu dp3i d hp Cyau v s n t n od rnfamyi oio t e Fe fhbc t o 9 t h r ee ds -t3toe , b c s )ne drn 8 r o a e p i 1t i oo dt ss 0c ln e c 2e p e r hs cuuA sT c ni l r v i n r e iS r ea a d9e tG Mn1see C. 0 rbd 8 ou2o e f1 t n rhsvgo0 7u a n ) d c 2 i 1t 4 r ohl ( 0e a 2 o h fi6 1 2r g M 1 f c ygf o fi n1 l h o n u 3 o o e i w i Jh t y t d a hl c dst f e p de i t on n poe sa i rousu r l od u e s i dt8 pfMra 1 efeotlo0 l s hohfei i 2 v t etedto t / t t ec ra ro r2 od on hA p0 f f t

Relaxation for financial year 2017-18

nsn air chu t c 8i . e ) 1hr 9 0wB1 2( 0 32 h9c1R4 r 0Ta 2S 0 2 M G h csy or t ib 7ahd e 1Mnl 0 f i fi t 2o i e yndb l e rr u o u Jt c t desi s ort ih i oe r t c e ki ppah u o tw n n t ( ra gu 9 c1 nt i et0 n n r 2 i e a 1i h t p c r i Rc r e a pTe SrM sG e eo t ht s o t i p nh d u tnn i d a b i o er)i di 9 e r 1e l0 dp p np 2e au h ss4t e 0 r cy1 o b i o f y vdb n e nd r du i ,al et t o e r o l fir hpeo subt eop nb I tu


T I D E R C X A T T U P N I G N I K A T F O R E N N A M

sne= i d o ti i 1 i sv d 5 s o ee r7 r cp T Cn xonS acaG T c0 e thw7 u ) pTa8 . L ne 1 .0 I mt e -e 2 u( ht ca s t s yf r . oov t e. u t m a e t h s ec hs t e h rt e dr ne up s ra e l y a l en do oy t rda C ei . dcT) n fiI C eegS n t n ( e x i l eba 2 i 0 tyv 2 fi eba n nm edi o e bv c t. i i fe n mn o c ia el er em r uemx t bt ia a t nnr ao9 nc f9 i . ’ r e g d e L t i d e r C c i n o r t c e l E ‘ f o s i s a b n o n e k a t s i C T I , y l l a m r o N

e h t , s e c i v r . e t s n fe o m yn l p r pe uv so eG r o ot f e x a bt sy e a cp i v r d e n s a fr o e rh e c i l u p o pv ut sp i oe t c ee dr ae mu s ss a i wo t td n e er mu i yq ae pr es ci nr e ai vl dp ap u fs I

td n n ea i p d i c e ei v r e ec ce nr et ho n de nr aa es ce i c o i vv r ne i s xs aa t en ue sk s a i t te o nb nt ao cn n ra . r e c e i l i tl p i p pd p ueu srs ecy x ha b t d ete gtu u ap s t ni s s I t. t a o C hT n t I s te i a e k ,a c r i to e vtv eon wni n x oa a Hc t e s a c n i t o n d n a s e c i v r e s f o e s a c n i e c n a v d a f o t p i e c e r n o e l b a y a p s i T S G ,. y s l t d n o eo s g e r f Po

s re 1na rec Ru i Ttpo e p v Sr a n G1t i n sR x i ea h i T t p nS i h i c c sGe u e frs t o of o nsto i ds ts i e a i b s u ebs a d n b s i dOs n nt .t e o an C o se nT e i I ci p t i i e o cb k veea nrdt i f d n xon a aNa c t sIst i T n e h S c e i fG i o p o i v sen c l d e i i a r ux t l e e a c h t dn T dif. adot s e od n l i l e p i aap t uo e i l c op de t er duh s e ei t l r h , i . a r t s u t e ft e i qel o edp o r epBn sh u2i i t rTsR b e .yT e i n b d l S r p udGd pt e ue n l na i Sr f i

dersh d eboecmt e i r r l u s o o u p e e s f t t t cp i s t diufns i g eosoib v ei s r nu di l nr r os a auia ss t r yqh e w e c a e br tdp uu s deso e e dl er f h l e a u f o t i r a R hso)e l vc t b t i T n ai ( s a i S ehtedg e mneG bwd l earC f l e t a o ;ef a h y h hst o t t t s sl i ) ) i l ta ei 4 a o( i t(hct d 6 ee-tad3 f d s r n e s i g c e t ee l rna xhl u i e cr atnl i h i t sn su – te tpius p n u t r ml e pocuu nnAsf mu i Te tS oi heoR NbGtccT i e y o -d nS Cb ve G rf n e d ooe i bC ) e h f s1 sheo e ( v i t c7 ) a7 i 3n g r o ( vnunh0 s i ni ofs 6 e i nut te e fc ol o eernu r tsbo t c rei 1b r ee e . v pd 2 aRed2 sn hTdn0 e u u S r r s 2 o e G dt B ne 1 i s o 2 1 nhnmeR s c r . oi t i f i oo sn Te . b f r re vS. e ud ni nGw pf i

. ) ee0 d n it l h e e p n 2 i eeu T e 0 r c c i b [ 2 ep – x r i 1 ees2 2 yc ve 1 e t a 0 l br o hu 21 dynhR1 3 ebl -o cT1 li l i a t d a h S .0 veh f 0 avswG. i ] sCe0 . e 1 Cc e 2 fw t Te o Ro 1 Ir )dn T 1 e e1 ( hnSt d i7 g e Gb nn Te e3er i -bi sd n omu e i a vhdt d annc i d % a en h. 0 ssa ee h. 1 r i c[ c e i 9d i d1 h )o n w1vn0a ( nu20 (7 i n s3f 2 r00 e 1 o n t u2 o ott 9c e ni 1 te .r f tcp . 1 i e 1 e sb s . o e err Rw t de 9 nT d S rdi 1 e0 one Gt l 2 r sub s e e i ra 0 s ce lhn 1 i ii n o l i a i vpv ,9 r s p nu a g e e i n tl i l i i xsd u p r aye pRu t r u d fbc sT% o eyS0 s b l bG2 i s i Cs a g i b l fa o w n e )t o f 4 i to to ( m n 6 3i en l

furnished 5% furnished

-

Provision as applicable during 9-10-2019 to 1-1-2022

CTO

ALD Automotive (P) Ltd

Para 9.2 167

Statute can prescribe time limit for availing Input Tax Credit

9.2-3 No Input tax credit if GST was paid by supplier on advance paid to him

9.2-4 Restriction on availing ITC if supplier has not uploaded details of supplies in his GSTR-1 return

No ITC if supplier does not upload his invoice in his GSTR-1 and/or does not appear in GSTR-2B of recipient


) C T I ( T I D E R C X A T T U P N I

o t d e g n a h c n e e b e v a h ’ d e d a o l p u ‘ s d r o w e h T . ] l i N w o n d n. a1 12 20 2 021 1 1 1 . f .e . f . . e w . w’ d %e 5h s si a n r wu t‘ f I . ’ s e x a T f o t n e m y a P ‘ n o r e t p a h c r e t a l n i l i a t e d n i d e s s u c s i d e r a s n o i s i v o r p e h T

oo d t t e r dh e , et t d o l s t i e b i g t b r n er i r eo c rs es e e be i c l r ti p v o pp nr ue e sb ls l ay a r ho ya ss bm nd d s oo ea so u t r g sn e s e pf i o m e ey t l u o b l c no ap xp td i au t s: bg e n dyd d i ene r y r a fi a o e s p t fi e t s o x i ca a g i t s t o ec e ve r r er nh ,pa t i s c e s xt Ar n ao o th Tni t ac Sii u Gxd fs o Can t r n o tc o fu o i o t s g s c )pn n 2 i eA i ( w sT 6 s y 1n o oS l p G nal o n off r i i os s t e c d s te i i ed en s l h u n e rr u ) e pcm ( ei sh At h

s sei dl h ea i h t ht t [ se n] i i t n d r en e uhti fcop nuni c este i edb r bne f sad a ] o r h1o B )R 2 e(Tc R eS iT o s uGvS a[nG l i s c e n h i nl i c[ i p u t op sc t uf A ds oT ed r rtS r n a e eG f i w C e p ti r f u co eo e7 t r o f no e3 tth n i n t o b i eeot c dmte reds ot er eate t a cs cd i ei o n vhnu ntud i nme ei i hrmi f e t oc i fl e o pcp spns l er iue a s e t ebn e en dhv t ey aa hb hm t ) ( ] 2 2 0 2 1 1 . f . e . w 1 2 0 2 , t c A e c n a n i F f o 9 0 1 n o i t c e S , h t o b r o s e c i v r e s r o s d o o g e h t d e v i e c e r s a h e h ) ( d e t r e s n i e s u a l c

vide

,tns n f ft eoo d c o i t c w e e i r tne ) t h e d o o d p i i c 2 l e w v ( n u emsdl l 6 nt p eead a q n e i r d i r t 1 e sr t t n e n e nccree r n . v A e fi r ae i s ] v x i o i s i t t t t t nol i eaTn c nc sec o i t i ne oA nbe dGbtSs i f G i e l s c a et s u l T s r nf e C i e a s ga l p S gh et i o r ft a im no pG as eo t r a hpdi ibn eC sn d A n l g coa t oo i b 3 f r n4 xp soe o or s i tk i dnc a ap d t anr n x9 ge a s e e o p oa eaeti h t3 h e r t hh n w h s y t t es c c t l o eb {td ri txwe r ,f r fi t oS]nn et a r v a a e c o l c e .e l xee ha s Atta im, [ i 9 i l t t Tdu tspd1 9s Wtn a r p 3 0 d Sepcb e n e r u 2 e nAt Gc m se- np i r o n l 2 m Cef s e T e i a e t a t ho a S ft h t 1 s c s o i h Gmt s e n n g n o s t i y i t e oCs bho sn i r r e r dt o T f d e s d i o a e o s a e dm } e z h t pi 1 a d 8 fi n t o l i y f 1 i l yt a u t 4 , l r l s e o0o t lu e n t 2 s l s n a n v n r a uhonp, e l t gioute ue t c t r rc e m n uc e rsA e oa h r e l e r e o t a u s 1nr gc)w t [ f 4eh dits et s o h n e o n netyevet tr l l i t n n dc obrp t p r o i s piime ei i t o f m d a e hn c hudo e n c o s s ehs s r t sed i r e s ya n c i n t o r d l s m e ci c l op re ca n t i an ul no bAm f tpns i ( i u a c o se dp e r ese rnTr a e eut j l h hto e . S h c b fi v t t h i c i eCGh uctfl e t d e T A Co Suio ho e e s I t c e r ec T ) ) r S ( eeG ( r hC a t section 43A

c

a

aa

168 Para 9.3

9.3 Requirements for availing Input Tax Credit

a

b

vide

d

Inputs or capital goods received in instalments

proviso

f pyho ubth sdnt o em 0 el i 2 ha t ee vm fa b i l a ,es l s i. b s r fwe e cnor sl i oa e r rcny a ptra u e i t nde pe oer xb r i ay c ft t o a a cxgem a i g f t n i r i l ti e l a p u t l a mpf d y e nr ii r s e e o , vu ah f e t r d sn bo , Ao s tfn s mue o bt s g, ar nr de i e t wa ep ul e ol l l dDb o e . a f ]x v y fi a r e o t a hcv r e t e r yl l 0 1eaa yrmm ba s s n sd rr e u o o co t F i e gr o . h vff t ni on i sneo det avam e otdg l n nei p u e ui dw p ri o el e l c i ho l et p r [f

Credit on basis of invoices uploaded by supplier, even if goods or services are received later, but before filing of return -

,e9i l s s0a e e 1v ch i o tna o v ot t i ne t i gc d ( e lel yi s l l t i p t pw n t un e se de i dp eb ri t t a cro ween s tRn u l i l o.c ta 1 h sR As i h T n T fS So o s Gr sGC l s e i i a fp h t o d e n)e di a r s)ae ( de t s c)i ai 2 ( oo g l e v6r p 1 unn, 2 rio2 d i e t e i 0 l c s 2 p ie pv s 1 ue r 1 sre dp. f f in . se ya A. l n e.w B ot 1 o 2 en 2 l 0 b tR2 i T i g d , St i l eG c e r sA eci , be e h c lt l n n o i i a wns n l ta i i Ci F Tbt Ieef -ddo

ITC eligible only if supplier uploads details of his outward supply in his GSTR-1

vide


T I D E R C X A T T U P N I G N I L I A V A R O F S T N E M E R I U Q E R

r yee bvn dan eha hsm l sa i i n e rth uet fdn nhi ece eut bso sd . a nn] t hat in e]be e t 1 i d o p i nRrc tTo e i S r b eGeo f c d[i o sv re B oi 2 nl i ep cp hR i o ucT vsuS n sG d i [ ft ro ea c hw tA t n t fu eT o i S soi p l f G i c o a eC t tr e f dneo eeh7 hmt3 e t o t n sa t o s t t i d e s l ec n t e e a uh s c , r tti i n e n d i ud er n mu r e c i m l xp d oe ap t i uci f ts n c u ee pee p hbs nt i

t st1Ci co dn4 oe Tnn omnIot g oeru t i n k t c b frc ae , o eet l8 tvsne1 o n as0 eGoci2 t i tnht , p hc o i ot t c c e s s A eij r w i b r s e ) up t a exs n b a ht d se t le a m ,eir t s n h e d i c o t n Aths i . s e dTi d i Te .gv e mi t e t Si i o i f r d rAt Gs Coeep(o h r T p a t feCt Sn nG o d e x a r )sa hoee (aTtdd w e ) s h i te t 2 v i s u ( rp dd n 6 e d i e i o 1l nv ei I orti s npf rcrv opo peeo u i s b t snhl nr c li c o p f ei i i sr i s w t c ryah i e l w h l s e h a i ct ,i pnl t t o i i o s tchn n ACuAwi T e hTs ,sh –I gS d ir lu s w i a oGao9 b C vr w1 ahfte 0 ntonh 2 ar eT 2 co m[ h s r1 ss s e e e a n go cc s i s v n add e r i l e f e t r l i s i e e f d i dt h se t nro ni n oc ae

, t c A T S G C f o A 3 4 n o i . t ] c o el s s a rt e dc nA uT sS n rG uC t f e o r A f3 o e4 r n uo i dt ec ce os ro pt dc t ee s j i v b eu r s fe o b nl l oi i w t c n uo di oi s rv t o n i r rp e s t i f h At

,sfg n] . t donhe9 c t i onr e1 Ao o b0 Tgour 2 i s d o t Sec a 2 Gh ersh1 d o r Cti o . eo edr f fr . e o eeog . f )hhe o w b t wtb , ( e 8 ) l sn,t 2 1 ( doei 0 6 nst 2 o i 1o f ow , t ngsroec r s e h oee t i TA thphn[ t ) t c e t rom .n ede t s ehr ce u o fv t cAm o i o to e Td n ec ye dSn s eng fGe or p aao m rsr rCA f e uaonf ( o phtas T ) s nn eo eanbS a ( hs i ) G r t rpgt 2 i n C ( rec i f6 ope t o 1 c Fer -laayn a b r o aoe w i ) t i xt hyc ( are t e t e bs h i el ro e w hp t t h) p , t tun i i( a e so he , ss t hrd e dt po ey o s mb d g a e e f d r d ee o e e dr t t e r s n eei bvge–b i e mem ll r e l e s a u i hv hdc n we sr uore ta smer i u c o d n e h w C. Tr Iu eo kv aa t f ns ai ch n yi r d a i e d s er o md rn e e t n s i i e) e ht t ,o s nN t on i t e c am s n ng ai r s t n ’o o C t pr i o h sR oL t . le l i . i b ( ‘ e el s t i a t cf no i s , t s un he Tm

n o i t c e S s i r e i r r a c o t s d o o g f o y r e v i l e d t a h t s e t a t s t c A s d o o Gr . fe o y u eb l a o St fy o r e )v 1 i l ( e 9 3d

fde ro e ek l lema e s s em oe ep t do hr t ui sn ,p t es c aehe o h r ,d t t l a n . rs tt oo I o o cf .n p t e,s c r e i he a o d t r l t i r fa fn e o o ebtoy crhcu negeb ahihy utrtb e soh od r r t e uots pred m voa e ni r i on e rs ,r gs f ae i ,crea t thw c r Aaote d sone y dtst u oreab i ooor r rdp Ge o d o fy e o unrl p e a p eb, i l a a r a e e b Shy y l e l ftua h o ob t )t nr e o 2 s e i h ( t d t h 3 i t 2ood e notnh ognow c e i t hone i c s u c ets s n si ee r mv re r e a s e pvn hf i l f aoi se r Adt td

tm c ao r r t f n s. oe h cs c nst eaa p hps wke s i d tr a f , hh o t c e dtc a l a e p l hs p e sd e a h ft wo t t a i e cd ,a 5 e 3l d 7pa 1to l Cae s Si r s a 0a s 9bd 9. o 1R o . RO g I. s AF a sn do oo os .g v s fa o e ye r n e g vs i i l n e o dc ro ot f r so e t n a g l i u s pn i o ns t c I

UOI

Manwar Tent Factory

-

vide

Explanation Explanation Explanation

Para 9.3 169

Input tax credit available only if supplier of goods and services has deposited the tax with Government c and section 43A

Presently, there is no mechanism by which the recipient of goods or services would know or verify whether supplier has deposited tax with Government.

Delivery to transporter or any person on direction of recipient by supplier is sufficient to take input tax credit

-

Delivery of goods to transporter by suppliers delivery to the recipient prima facie

yl y r l e a vc i i l s e y dh ,p wt eo i v n yo md s nd i o , e o cg nf ei Hn e .v s de on oe gk fa o t ne ob i n t c a ec l l C o cT rI d on f . ran e to yn s uer bge fap o oe ttl n yb er a gex v ai a lt se i f rdo e se t i r c ra oe pt l p sr noe aph r st t n , h ac s r ut a ho e Tt r

s a h t n e i p i c e r e h t d n a 1 R T S G s i h n i e c i o v n i . 2 ehR t dT aS oG l p s i uh on t i st a i he rd e u i l l c p n pi ud sn ea ht t i et s p r e uc oc ca fo Ot


) C T I ( T I D E R C X A T T U P N I

.s nra oel , Cma op rt i os – c ( un s lc iw a p ro o P i t l c o l y nl o t i f t e r c s c Pe i a erv s hird d e Te s a .c e fr d eioh v t yc r c l e p i as r ph t y uw l n , opst cpec b u b sl lA uoi T st wS e)rG r r a oeC t mf sc e o o cat r ) i s t a v u n ( r ) oc2 e c s o2 ( t ,b s 1 e uen c s s i a o v r co i r t e y( c e n ss r f ao o mtot c y ap l ) nr i I i tp ( n u os c, s se ks sa a c )h r oc t u c sr an e r t Ip

. do 9 et 1 r r 0 e e 2 t i l s p 2 i g p 1 eu . r f . es–e hen. o h t w s, ttr a ye 8 hb p1 t 0 ddd2 eee, d r t mi c e evs t A eoi ) r dp t gn ee ee r br la hm l cd a hsu sesn c ti fe i vom , t r A t( c e n Asu T TeoS cG Shc Gta C e Cr n eo fh o )wd b d n ( sa e ) e t 2 cfe r ( i os 6 1v n r n neoi ) osib i et( c t h e c ) 2 r eti ( s 6 fdd1 e o ven h i se e o ctt i s oenc proe rsns ua o o phst r ) e e i i hnp o ( t sy rr oe n Fpa Explana-

f.o f r o e ( i r l rp e e i pp l vu i e p csu eys r be e h hdt e Ti l r -f e t nf ra uy t l e n r fo o t i sd i e s r a bC x na oT tt i d u ep r n c I . ll x a a a nn t i of e i s h iet v k d oai rt a pop ets kea alh b t i s ng e i al c ce i v )er s b e e ls ci l i d v wn r e ea s hs d,d nr o aeo svg deh owc oou gHs vide

tion

170 Para 9.3

Supply of service to final customer by contractor is receipt of service by Principal (intermediary) – Explanation

Final Input tax credit only after supplier makes payment of GST

. se i s tu i d r ee r h c t xr au t f tr u o pf nk I c -a b t. h k gr uo ow r bb o dj nr ae kd rn ou r we t bp oa j h rc or f e th n t eo s n sa dn oi od ge fn o i a tt c en po sc e e r r a ns i n eo l i b s ai l v i a o vr aP Taking input tax credit in respect of inputs sent for job work

tto f ns i s admd e o r ) ha e r r 2 t r e f ( c t rws 6 e o xn1 y ht aain t h td t o t n o i t ( i u0u wt ho 8 c p e t g o m1nn s bafio o r oel oedhat t , shoo t i y e r t ,e ti cs ) l li i ipa v s r aub a a e i q bi ne l s d xn reh og ttao srintc dawute u ohnop s ocomt gee aud fsrnoe r e o a b e s h rv i i t ,h r e r e c e i e l r l o s i p b l t e p pna r pdp uoy e sea u de lpsd eb b ha e x ay t he at a oyt a t hybm ypt l b l s asi a i e w a px h cs r i g oa o e t tn tnv n sh on l l en i i ca i a a i p f yfc h i m o l tw p n eh er enpu i usec p o u s s i hs i c s f ftnt ee o . i r i l eoy, c p ap uebn A t d l eu a a eoT r e d l s v e i S r heeea e G vh ht ht ha Wt tC

9.3-1 Reversal of input tax credit if payment not made to supplier within 180 days

proviso

d i a p t o n t n u o m a e h t o t e t a n o i t r o p o r p e b l l i w l a s r e v e r e h t , e d a m s i t n e. r me yl i ap pp lu a s i t e r h a pt o ft I d r i h t x a t t u p n i f o t i d e r c e k a t n a c e h , r e i l p p u s o. t t tc n eA mT yS aG pC sf e o k) a2 ( m6 r1 e t n a o l i t tc n e es i p o i t c e r e h t f I

yo bt t dn i u a po ym l a l a e uc t i c o av n ni ef eo bt sn a e hm xy? aa t t n fpe t i g u yo a l n by oar e tdv i e d o enc r r e e c r s xca n ao t g c ts n u i i t pt c nn a i s eei kmt nn ar t e nem avn cor tGe n wv eo o i p G h i c ny ee h r ehW hT? . t re r ,i e y i lp l l l p a pp eu u Rs s proviso

s aen h ft o i i ,t .r g c ea . vs e en tw i a d r eot H r c e . s n xr i ae u t h n t to e u g poy ntn i ta i fd o em r sc s r e sa f i e s h s nt a ane r s oi t ssd usn gaa oph n ba t e dcs i er o vho ,w at ie od t eb r sc i o nxt oas t i m t te n u e ep t s nf n i i so. es td he t e cht txgc a eue hsof h t f a shta t mnye d eoe g es l mi r s l e ew tp r I

d e s a e l e r s i h c i h w t p e k s i y e n o m n o i t n e t e r e m o s , s t c a r t n o c s k r o . wd eo gi r r e a p l f y o t en s a a r r ca nw i nr ee t t f f Oa

, e s a c h c u s n I . n o m m o c s. i s sn no os sr a e ep r e sl ub oa i x r a a vt ro ot f e ec cn i a o s vi nu i n mt a oe rr f sg nt e oa i t e c r uc dl l ei dw en mo i os sv i ,o r e r hp t r s i uh Ft

. s s e n i s u b n i n o m m o c e r a s n o i t a i t o g e n r e t f a s t n u o c s i d e l a s t s o P

. d e t c e f f a t e g l l i w s n o i t c a s n a r t h c u s l l A


T I D E R C X A T T U P N I G N I L I A V A R O F S T N E M E R I U Q E R

s ’ r . e d i l e p s pr e uv se fr o e tb n d ul ou mo h as %t s 0n 9u )o y am s a ( x fa I t -% 0 1 y l n o , d i a p s i ) t n u o m a x a t g n i d u l c n i ( e c i o v n i s de l u c i ov hr se s t/ n es md yo ao pg n te s . e hs r wy e a t nd n e0 i , k8 wa et1 i r y v l e d t yi f l ma a y nvl I sn -a o we l Cb i Tg Il i te a n hi t s se i nm o oc se a eb r t i ed he Tr .c s e y ah dT . 0d 8e 1v i re e c t e f r a e tr r e a t w s

rdr5 oe o0 f if1 nnn] e 9 od o1 i i t t 0 ea a 2 br r [ e tee do d i r i ns s n nnn oaoI Ccc xy -a ta tp u n pa nc i fs o e tc i i v d r ee r st c b ,de t n n ead msk tdo o s o b. uo j ) gfa l d a fg o f kogn otn e on i tB bi et t es hp gise ucfW oeorRyR he .aA t w A eny( o dl 3 b4 aa s1 mde i enl m bup o nopc . arun cgsn sda yi r l ha p m ptwx unna soi t

re9 ro s1 i c sa0 dc2 Co n/ &o i 4 Ig e 2 Bf c / i Co o 5 tv0 fn o n1 i e . Dilo p a i N ac n i r r e g a a i l Prr e u oc -h s t r i i th c a hnC i t & r se I e i t B l a p C t pf s yuo s l r y5 a a ebr l da c ep 9g 1r n i 0a 2hd e c 3 t Ta 7 r S e dG t ef i t e a or dCw TTe SIi Gev r -i . t9 9 tn 1n 1 0eu0 2lo2 /i c6 1as1vi8 /ad2 s 2ne d 9al e .cs at o s a e Nc td s ri o T a vp l r S u fG e o cs

. )f) o6 oB s( l 4 a 0mD .s0 r C v e o 2 t H f o n n ar t oa s i l d K .a ev ( r s8 i c 2 t3 f n o eT i e l u cT s oS s ni 1 t2 I -t e) t a 9 o h n 0 t 0 t2 d i l d( e e h r snc a f woo ge tn i u ,is s y ) l T i e Ar t a Th S) t Et d. n Ce l v (i e h p 5i 0c s 1e a Trwn ti Toi t d S( ee l tr 3n eh =ehp m 5 wu , 3y) w a Ci e RpS v To( St3t s8 t 7n n 0e )u 1m 7 0oCy 0mCa 2a Sp ( .6 ,,tesn ) s 7 u uIsin . r ) dht e a2 T n aT vS mT ue n. l GxS tor i c aG mns ott 0 auitu 8 o d 3 d o Tc 0 ) sheh1 -i 0 r t c i i 2 Rduu =0 Assqw52 e ge(8 ( Ac e r n i Ao t 4 i to (v t o c T 5n unnS 6i t s i G fdi d moe) 3 oedse7 r e curc c . ) sei n t 9 l v s f a ni 1 r a i t e as 0 c rs 2 r mo e ( re i xpl om adp t ps 8nudm 0asoo 1y oc o l g . f ) fo =pto p t a l n 2ue a te nr s 4t mnu ie 5s s e i s wK i Toyp a ep i ni S, di pc vR Gl e e n tr anrA 5ae( o a A l 7sntti i s n ( t n ga im ]s c u n 6 9 l i 9 oes 1oil k e 4 cd0pa p g s 2n . m [ mpig] d ) n i a o t i N s t s e c h a e Tn . hcrgwt e uv Rn stt se a Aa na r h n wa [ Am t l o t(x l te dCn 8a n l e t 7 ape i T p 20 ca hI c i i 1 l f s m1 p f ea eu ph o na hs c= I twt Shiva Analyticals

CST

re9 ro s1 i c sa0 dc2 Co n/ &o i 4 Ig e 2 Bf c / i Co o 5 tv0 fn o n 1 i e . l Di o p a i N ac n i r r e g a a i l Prr e u oc -h s t r i i th c a hnC i t & r se I e i t B l a p C t pf s yuo s l r y5 a a ebr l da c ep 9g 1r n i 0a 2hd e c 3 t Ta 7 r S e dG t ef i t e a or dCw TTe SIi Gev r -i . t9 9 tn 1n 1 0eu0 2lo2 /i c6 1as1vi8 /ad2 s 2ne d 9al e .cs at o s a e Nc td s ri o T a vp l r S u fG e o cs -

Reversal of ITC not required if Post sale discounts offered

CTO

Mohd. Ekram Khan

-

Reversal of ITC not required if Post sale discounts offered

CST

Shiva Electricals

Issue of credit note means payment received by supplier

Para 9.3 171

Proportionate reversal if part amount paid Interest after 180 days or from first day itself

Payment to supplier can be made through book adjustment

Senco Gold Ltd.,

MRF Ltd., In re

MRF Ltd. In re Santhosh Distributors, In re

t= eo s r n6 e 6 s5 vi er r T e i ol S t p G dp eu 8 r s8 i u ) e 1 qh 2 et 0 r s2 ta o ,( nr e si i l tp n p eu i s p i y c eb r d ee hu t s , s r i e i e l t p po un . t ) si a yd l be–a r dry e ect K uli a l si i s c b i R r a se i A i l emx A t maA o not( tcl5 a i n1 d oi etg m r er io c l c lbo. a a n s i t i n c u h r a b m e g i r mt nx i t a ma c t u o d 2 cCe 3 Tr1 fI I

Santosh Distributors, In re

nrTn ooSe h hGt ec Id t n a t afn o S r a t rbCo T e oI p ht e t sd dl o ei nl / a i ap vh c pan nu ta i tsor p o e eb pr r de ea d /h h /sc t hdn o coa n o ng ra af by r bieb d d nehe i wrTl i . u p oq N p I eT or u t s S oG ds s e el i c ati l c p v ps inr i e utt s s sn i / ed em s r d so a ya saho p e tg c i n h i fo . v ci y r ue l dp e St i s a p a . pu t rT S oS s Tr sGe e dI Sh ofmGt ooaCr / gtsT u nn f i ne S s em tGe t o k f ypSa Oa er -pdom

Payment within 180 days required even when supply to own branches or depots?


) C T I ( T I D E R C X A T T U P N I

. f l e s r u o y o t y a p t o n n a c u o y s a , O H o t t n e m y a p y n a e k a m t o n s e o d n o i s i v i d / h c n a r b e h T t /.a hnh o ci t nt a n ar I r . bes d nin s o wn i t ooc oca t os sn n e a s ci r i ? v s ety n r r e oa e s i d s rhi 0 otv i 8 snd 1 deohr n e i owt h gnn t ii fe o vrw yeot l ,hn p pTce uSnm sGay , ra o t b t c p r Ate g c n ti Ten j Sb ik Gu ra Csom sff oi d t o e INr n Ii eT l o ui u t dSqs eGee htru ccsq i n Si te tn fs h o iet 2dms ehyi s e tar ui pe awo l h n c nw o, ri e , se s pv us i ha si Ad Tc 0l y 7l a me R o[ c. . e n l nb aa l mi a xv aa t t 8o 0n 1s =i C 2T 6I 1, TO SH Gt o 6e 7d )a 9 1m 0t 2o ( n ei s r t nn I e . m] l yl aa pt fa i tw a a hl t f do l n e o hi t sn a e wt n nti i i , t ,) r o Nn e vTs e-i wRt A a oA h H( t

td i e , t )t Ne Tn e Rr Aa As At (n 4e 2m y ma op c e . r n . ] nes ahe i mwr t xCn aTe t I 3lk 1lo 1uo f )i lb 0 y 2al 0vn 2ao ( oe etr r d a ee nl I t s i e t h n t e, sl y i l ea ce i R f f [ o s e hl cb na av r i be c te a nh r i t ,ts l di a n ela peg pha aa sf f nw o I

f r. y gtl d m o on i nne o o o u i sv t i ht rd i ou f s c a a n l mo a r ne noa oa bt s p b os i srd x ni t i b e s aa oh n -crt u d r dcno en do eiwc r h e c a i t o t t d e w , n r y u r s e e pno m i a roto l h n i s e m t dpe s i i t i eph a n v yw i wuwh ol e p er os w l n o p l bp b l t e ua e a oes v l d x h t b t e i t a o n a u , sf npt et a o s o s h he d e s e i r wi r ss n s e t a i y oyi o t ap snn s l t u i t dr p c oih n h 0upa T u t m 8pas i oaw . 1e n t r c a h o e s i s nt d i s nr t l i ep d gn e h s l n t p ae yf r i i l ch ieu r we T p vs , pd . ey tdnf o u i l r n n s i e saeb en s s i t thbn mo r v s ycou oroe a.ro petm e h y p p. d ,t e n d fi o o e n r r n o ht i o e e a y u i Ta v nt hq ht oa .p eo i s t e G n r s e nt n i O r o s . v o o o i n t . opin t t r T o n n i re c d i pt OSdi aa s e i a ,nsc v -Grp win u c o r eeao r o n x v r i Y p f i t e v a s ’ t e . r e yost i t b uu a mpuo g l f r p s pa a n uoe np nh vi u bd I ‘ t s e r e t n i y h w , d e s u t o n s i y e n o m t n e m n r e v o G n e h W . n o i t a s n e p m o c s i t s ? e y r l e p t p n a i , d y l l l u a o eh Rs

. syoxf7 dl sao1 opit 0 d opvto 2 guoui r , r pe s fsp e np o hdi l cn yu feu l o o p hR psctt T ufen gS sosun deeoiG ruh wS m t l a o a d n a l wv i n l eo nedh a i etfT y h fi y nti dlS f e c ao G nt e a a C nep i ors f y d o tetle i h i p ) d t mpm1 e l ium7 r ( r e c esi3 i l h xp m he ct ap l iu t t nu tues R s u h of m peto e nhn e s t c i i l hi i foh t o a t o t i t rv d we oi y n d ea f ne l f i po 2o a voeh-e atrtRu T ssehS s h s l a s i i t i Gf n hae oflr o b u t m hu e afrt wby lo l a fd ,,aa n p h hne otxs ih soa ft r )o bt, e 2 pre(dm o doh6er if est1l h e a n r t c s v e i o i y t i a wt v s a i t r gci d g e e d n es s 0 e oo r 8 rl r Ao at 1 c

. fl e. f o e Iu. eRw l o u dt e . h ] d c e S tr i n su r i t fiq ds e sr er fifia t i -do c e n e r d pi e s sa bi t spmn a nue nen m oee i y br t a a e p r v f e da o h i t s p no i ot e cdec h e te u Tr m[ l oe a 7u he t 1 i t 0c wd2 a e, eb , se l b les alla yauc ahRh s pt Tc Su sn i uGs To Sn S di m , Ga s nu eeah r T h e T htS[ , G ] t wc 8 1 s C0 A f e o s 2 T) a S 1 6 cG ( 7 3 nC 31 I

proviso proviso

proviso

172 Para 9.3

Sanghvi Motors Ltd.

Sanghvi Motors Ltd.

Pay tax with interest even if supplier has paid full tax to Government An unfair provision

9.3-2 Procedure for reversal of input tax credit in case of non-payment of consideration

) f2 o ( y7 t 3 i l i e b l au i R l xad t e th u s pi t n u r ou ef e hr t oa t s l i da et de dd ae eh bt lh l c a hi sh ew vn oi bh at n so a . 7 tm1 i d 0 e eh 2 r t , c s r e xo l af u t tnR o u T s pr S ne i G fpS o dd en tr n uea t oi s T mg S eG ar C ee hh f Tt o

nh oc i u t s c en s o rt e i dd ne ur dc eg n fii i l t i o a nv ea t f a o r e et ha t td a e th s t e r m e t o n r i f yg an pt i r oa t t es l b d ao i i l r ee bp le l a h ht sr no of st r c e pA dT eS r G e t C s i f g eo r ) 1 e( h0 T5


GST

Ready Reckoner AUTHOR PUBLISHER DATE OF PUBLICATION EDITION ISBN NO PAGE NO. BINDING TYPE

: : : : : : :

V.S. DATEY TAXMANN FEBRUARY 2022 17TH EDITION 9788195371457 1288 PAPERBACK

Rs. 2195 | USD 67

Description Taxmann’s Ultimate Best-Seller for Indirect Taxes – ‘GST Ready Reckoner’, is a ready referencer for all provisions of the GST Law covering all important topics of GST and relevant Case Laws, Notifications, Circulars, etc. The Present Publication is the 17th Edition, authored by Mr. V.S. Datey & updated till 1st February 2022, with the following noteworthy features: u [Taxmann’s Series of Bestseller Books] on GST Laws u [Follows the Six-sigma Approach] to achieve the benchmark of ‘zero error’

ORDER NOW


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.