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Income tax hands over Rs 1700 Cr tax demand to Congress PartyGST - Neither SCN nor the order spell out the reasons for retrospective cancellation of registration, hence cannot be sustained: HCStage-2 of Vikram-1 orbital rocket successfully test-firedGST - Non-application of mind - If reply was unsatisfactory, details could have been sought - Record does not reflect that such exercise was done - Matter remitted: HCHouthis claim UK has not capability to intercept their hypersonic missilesGST - Merely because a taxpayer has not filed returns for some period does not mean that registration is required to be cancelled with retrospective date also covering the period when returns were filed and taxpayer was compliant: HCIsraeli forces kill 200 Palestinians at Gaza medical complex & arrest over 1000GST - Petitioner's reply, although terse, is not taken into account while passing assessment orders - Petitioner put on terms, another opportunity provided: HCUnveil One Nation; One Debt Code; One Compliance Rule for Centre & StatesChina moves WTO against US tax subsidies for EVs & renewable energyMore on non-doms - The UK Spring Budget 2024 (See TII Edit)Notorious history-sheeter Mukhtar Ansari succumbs to cardiac arrest in UP jailTraining Program for Cambodian civil servants commences at MussoorieNY imposes USD 15 congestion taxCBIC revises tariff value of edible oils, gold & silver45 killed as bus races into ravine in South AfricaCBIC directs all Customs offices to remain open on Saturday & SundayBankman-Fried jailed for 25 yrs in FTX scamI-T- Once the citizen deposits the tax upon coming to know of his liability, it cannot be said that he has deliberately or willfully evaded the depositing of tax and interest in terms of Section 234A can be waived: HCHouthis attack continues in Red Sea; US military shoots down 4 dronesFederal Govt hands out USD 60 mn to rebuild collapsed bridge in BaltimoreI-T - Receipts of sale of scrap being part & parcel of activity and being proximate thereto would also be within ambit of gains derived from industrial undertaking for purpose of computing deduction u/s 80-IB: HCCanadian School Boards sue social media titans for 4 bn Canadian dollar in damagesFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerCus - No Cess is payable when Basic Customs Duty is found to be Nil: CESTAT
 
GST Notifications make their appearance

By TIOL News Service

NEW DELHI, JUNE 20, 2017: IT seems there are no takers for extension of the GST Rollout date.

And 1 st July 2017 is a reality.

The message is loud and clear – either you join the bandwagon or be left behind – at your own RISK.

As the Finance Minister had mentioned last Sunday after the 17th meeting of the GST Council – We don't have the luxury of time to defer the rollout of GST.

Yesterday, the Central government issued the following notifications under the IGST Act, 2017 and the CGST Act, 2017.

These are tabulated as under –

Integrated Tax Notifications

Notification number & date

Description/Subject

01/2017-Integrated Tax,dt. 19-06-2017

Seeks to bring certain sections of the IGST Act, 2017 into force w.e.f. 22.06.2017

02/2017-Integrated Tax,dt. 19-06-2017

Seeks to empower the Principal Commissioner of Central Tax, Bengaluru West to grant registration in case of online information and database access or retrieval services provided or agreed to be provided by a person located in non-taxable territory and received by a non-taxable online recipient.

Central Tax Notifications

01/2017-Central Tax,dt. 19-06-2017

Seeks to bring certain sections of the CGST Act, 2017 into force w.e.f. 22.06.2017

02/2017-Central Tax,dt. 19-06-2017

Notifying jurisdiction of Central Tax Officers

03/2017-Central Tax,dt. 19-06-2017

Notifying the CGST Rules, 2017 on registration and composition levy

04/2017-Central Tax,dt. 19-06-2017

Notifying www.gst.gov.in as the Common Goods and Services Tax Electronic Portal

05/2017-Central Tax, dt. 19-06-2017

Seeks to exempt persons only engaged in making taxable supplies, total tax on which is liable to be paid on reverse charge basis

06/2017-Central Tax,dt. 19-06-2017

Modes of verification under CGST Rules, 2017

The Common Goods and Services Tax Electronic Portal (www.gst.gov.in) notified by the Central government under the CGST Act, 2017 has clarified on its Home page as below –

Existing Taxpayers of VAT, Service Tax, Central Excise

DO NOT WORRY

++ If you have not enrolled for GST yet, or

++ If you have activated your account under enrolment but not submitted the application

ENROLMENT WINDOW WILL REOPEN ON 25th JUNE 2017 AND CONTINUE FOR 3 MONTHS AS PER RULE.

Also note that your provisional ID will be your GST Identification Number (GSTIN).

The way forward:

1. If you are a Taxpayer having received Acknowledgement Reference Number (ARN):

++ You should be able to download the Provisional Registration Certificate from "Download Certificates" at GST website from 27th June 2017.

2. If you are a Taxpayer, who has saved the enrolment form with all details but has not submitted the same with DSC, E-Sign or EVC:

++ You will receive the ARN at your registered email ID, if the data given are successfully validated after 27th June 2017.

++ In case of validation failure (data like PAN not matching), you should be able to login at the same portal from 27th June 2017 onwards and correct the errors. You can refer the registered email for details of the errors.

3. If you are a Taxpayer, who has partially completed the enrolment form:

++ You can login at the portal on the above mentioned date and complete the rest of the form.

4. If you are not an existing Taxpayer and wish to register newly under GST

++ You would be able to apply for new registration at the GST portal from 25th June 2017.

Hopefully, these clarifications would do a whole lot of good for those who are yet to initiate themselves into the GST culture of doing business.

GST Rollout - Are We Ready? - Episode 2 (Concluded)

GST Roll-Out - Are we ready? - Episode 1

GST Rollout | Episode 2 | simply inTAXicating

GST Rollout | simply inTAXicating

Also See : TIOL TUBE Videos on GST

 


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