NEWS FLASH

IGST Refund for July month - Rs 132 Cr sanctioned in 10 days out of Rs 753 Cr, says CBEC Chairperson

GST - Revenue Secretary favours overhauling of rate structure

GST CIRCULARS

11/2017

Clarification on taxability of printing contracts

IGST (RATE) NOTIFICATION

41/2017

Seeks to prescribe Integrated Tax rate of 0.1% on inter-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions.

UTGST (RATE) NOTIFICATIONS

40/2017

Seeks to prescribe Union Territory tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions.

CGST (RATE) NOTIFICATIONS

40/2017

Seeks to prescribe Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions.

CASE LAW

2017-TIOL-25-HC-MAD-GST

Coimbatore Corporation Contractors Vs State of Tamil Nadu

GST - Association is registered under the provisions of the Tamil Nadu Societies Act and was formed for the Welfare of the members of the Road Contractors, who have been carrying on works for the National Highways and Highways department and other Governmental organisation - contractors used to remit 2% tax on value for the works executed by them towards the Works Contract Tax under the Tamil Nadu Value Added Tax, 2006 - however, after enactment of the CGST Act, 2017, they have faced certain problems because of which the petition has been filed - on 22.08.2017, Central government issued a notification imposing 6% tax on Works Contract and acordingly the contactor is required to pay 12% (including SGST) of tax towards works contract - Petitioners made representations stating that the contract works for which the agreements were executed prior to 01.07.2017 GST cannot be imposed and 2% VAT alone is applicable. Held: Since the petitioner's representations are pending, it is appropriate for the respondent to respond to the same by giving them a reply - The appropriate person who would be in a position to give reply is the Commissioner of Commercial Taxes - there will be a direction to the Commissioner of Commercial Taxes to consider the representation given by the petitioner/ association and pass orders on merits and in accordance with law, within a period of four weeks - petitioner/ association may be afforded an opportunity of personal hearing by the Commissioner: High Court [para 10, 12, 13]

ARTICLE

Treading GST Path - XXXVI - GST on travels business

Regulating flow of ITC under GST

Suspension of reverse charge - side effect