Taxmann's GST Ready Reckoner

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

188

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

198

CHAPTER 12 Input Service Distributor (ISD)

206

CHAPTER 13 Person liable to pay tax

212

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

226

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

248

S T N E T N O C

I-7

E G A P

CHAPTER 16 Exports and Imports

285

CHAPTER 17 Special Economic Zones (SEZ) and EOU

329

CHAPTER 18 Time of supply of goods and services

337

CHAPTER 19 Reverse charge

348

CHAPTER 20 Exemption from GST by issue of Notification

362

CHAPTER 21 Concessions to small enterprises in GST

373

CHAPTER 22 Construction and Works Contract Services

397

CHAPTER 23 Real Estate Services relating to residential and commercial apartments

421

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

453

S T N E T N O C

I-8 E G A P

CHAPTER 25 Distributive Trade Services

476

CHAPTER 26 Passenger Transport Services

500

CHAPTER 27 Goods Transport Services

514

CHAPTER 28 Financial and related services

529

CHAPTER 29 Leasing or rental services and licensing services

556

CHAPTER 30 Software and IPR Services

568

CHAPTER 31 Business and production services

579

CHAPTER 31A Job Work

604

CHAPTER 32 Telecommunication, broadcasting and information supply

632

S T N E T N O C

I-9

E G A P

CHAPTER 33 Community social, personal and other services

640

CHAPTER 34 Government related activities

685

CHAPTER 35 Basic procedures in GST

720

CHAPTER 36 Registration under GST

740

CHAPTER 37 Tax Invoice, Credit and Debit Notes

780

CHAPTER 38 E-way Bill for transport of goods

811

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

856

CHAPTER 40 Returns under GST

878

CHAPTER 41 Assessment and Audit

923

S T N E T N O C

I-10 E G A P

CHAPTER 42 Demands and recovery

936

CHAPTER 43 Refund in GST

974

CHAPTER 44 Powers of GST Officers

1037

CHAPTER 45 Offences and penalties

1050

CHAPTER 46 First Appeal and revision in GST

1061

CHAPTER 47 Appeal before Appellate Tribunal

1075

CHAPTER 48 Appeals before High Court and Supreme Court

1085

CHAPTER 49 Prosecution and compounding

1089

CHAPTER 50 Provisions relating to evidence

1098

S T N E T N O C

I-11

E G A P

CHAPTER 51 Electronic Commerce

1105

CHAPTER 52 Miscellaneous issues in GST

1117

CHAPTER 53 GST Compensation Cess

1154

CHAPTER 54 Transitory Provisions

1160

CHAPTER 55 Constitutional Background of GST SUBJECT INDEX

1165 1179

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 Ss .

Ged r ue fs o m n te u p s edn cn o na c os e ce r exa r ah ot t cfo eob t hc r t o e sf f s i e )ec Cgi Tn v r Id ie ( t s a 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 “

tlrx ng a u oa n oi t pi t s v r nps t d o i a e u o r pp p fco o ogn yf no ns i l f r a o oa o. n i ( ] f e t d e i ret rd c n n e e l A h i r fia l b u i e(p T Wb g spi Dd ulS e e G -os h. o sC t i y t gb ,c sf t o s yd A c e ne AT n) 5 As i ( sS s 7 .uu i G e h 1 t debn C i bf rf wo o e o i do t ytec 5 n5 r ce dn u1 e s vea tn d n i r sn i d i e o eh et d i st r e t dn c r fi c e oiu i xs orf c a gor e t p n ldos to a efs u t s s i p r p uoa ne a e’ i t s p e cc i r r h o diud e v c f or nr u c c ae e s l ssed b n h t i e e o g cutk i i p l n c e v e i nio r l i )l sl e l i s yhb ‘ t a eh no ta t hs u bp e pdr tm a nn oc x 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 . hn s g c n es n al he i t i hma rt xv e draa netn i up9t 9 s ra i e m l y=i a l l 1 en 5e do7 m yTi or 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 be i w fc a .l o e v t er. a r h ue t b t a n d na l e nc h i n s so i a i 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 g Sr Ga Ch(cs x)e aTd t S u lGl a c rTn t i U n( d ex n Ca — eta y m s hr i w to s h t o n i l o r l a t 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 Tr n e i So ‘ r s Ge s e e t I c n s(i i x v fig a r e et e d rd s t aer c to oa A t rs T ngd eo 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 ea t t pa c n e I tn 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 t r 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 t r c ee s S b d un sa fs o d so no oG i s i y v r oo ri t pr 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

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sdms sn a e o s slier h t n i nt i e o s on t p i u e t h b h c et i c s rboi 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 hi o t r t i d r 9 o d e n4sur f c ondr ci ooo c i o n ht ccgeo uefsr ssorc t u n yo oi e l t ce l p dp te ee c ut hh fis ei j c t b yi no en up t ss add , ee l r n l s e a t i hnoud sndee e br nag omr oc sea t e. r h b d h e t ptcelc l x da A na ei nh l t T b es d tt anu ntS xa pinG ad nruC t deioof ebfdmo i o r ) r ea1 ts e c i ( t s ud6 d s i e i e r ea1 g r s r epc n e r eeah o i h ybk t r ctc yai e d t e 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 f eo cd e 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 n c no i A dc t i e s rr s T e e u s geS , dpG s e s el C ds l o b e t i af on d xo gs i ea ) lu 4 r t a ( c t b i xd9 p f ae4 a o r t n e tt e o cc u i s n t pic an nge a hr e i t ers r e n hhi h e c t t r a d hu se i e tf o ” r fi s r r oi d e c o gfe oe dlp os eas t gr Lr s yu oa tp i no d y ac t eni e r ol sh i n Cmb t a c a e n i m i l i n mr ooT ” e rcS t i t e l u c p ehG pp t l r nu to E I s “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 “

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t cu dr ni ne on b ah o t C , si r8 t de1Tc 1 ot4Ie 0 onnel 2 k e, oa gei fmt sc t o cti n h n e tr aoA n esc ) ev t on t i ot sn p i i e Gtos c s c am ehe r bd r tje eibpln hwu ae t xsdnm e , o ai sr t i A t c es ( i t ss Aei v io T Thhg rS StTe d .rpG Ge t a i t e Ci e d h s nd fo et i o ov r t )pC a dd (e hee d x ) att it 2 s ( r Tsde a e 6 e d 1hti s r c n nruv i p e oi noes l i r t I p c pbi c l pfh l l eu o i a s t s cwi rf i n h e h o n i py i c i w t i sl a s ,h t An s d i c wr -oi l ,o CtAs w i TuTs IhSa e lg Gbh i a u C T t vof n [ ar e o r nh me g at s cr s d e so el s e h s t ca s a i i 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

ts fe o Ae b c -i l nl v oi r i w t e c s un r o di o os i s rv t d o n o r i o rp g e s t i f f o Ah t r ., t e d i l ec p fiA p i T t u o S s n G 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 ] w ot rco o s e ps l n rra k t 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 G 2f3 o oo 2 e4 nt n r 1 o sx ui i ndt a et oec r e c e e s do h h er t o t fip t d ,i i t t t d n c o a e e e p ni s j s s b tv e o a r u es nr ph 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 te: i 7 d h1 et 0 r n2 c , xos , ar e t l ou tt u puR b ni T i r S t es G hi TDS

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 r ep ce i o h vt ] nhh i t to ni awb ) (

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 ) ( 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 ) (

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 i s b s aa ) ( 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 ) (

sl e e b da i v ct , i ol rp n pp e sam e eu l u hc t o Rl ld Ta d Sfi a Gis y Cl e n fo h o t )nn 2 oi ( sd 6 r 3e e n epi l da u t e Rr n 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 . 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

ryd dse d a e eo i i t l mr f p o i e c ts egpi n pfudi soses r enec e l hohx t i u t t fa p li o l tR a r tT Nu c ns Ip S i eT a d nG t n ,SiC odG,f y , ceh l o p tgt ) r o 2 op( a nh bu6 scrs3 e e o x t e oa a st l dt u e S tfc r o n i r o v etr e t t mne n uusi corf omoo dase ds eo dh i a toan s f co g n eo i f s hs r lol ye t i y a ft pp l i p pd te a dpue h usr e s t fe h fos t dt o es eg i dnec i i e ar ul v a l ota ph rnv d c pol nu ca st . i tas8 tuo ty1 i t b n 0 , ws eb2 s i d ore p a e 9 c nl i l i c i ,u v 4 a e e c r . r vf ci e . nt s dae r ea rne.

Hp oabw

. 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 e rc c oA i s o nT v i n a S i t y rG n eC. a pfd f eoe t o i )f o 4 t n i ( t c e t6o p i1n b s e ne e o d b r i t rc eo nh o i t ee ttes i rc t d a eei–d o t r r f ve c a i m x,nl o ahirr a h t t tocef u s b u 2 i prsr 2 nohe 0 i c v2 s i ee , et h kc hc w av i cA t i o r h oe e t t w c r dsa n , r eo a n er l y n t s i i uF lt t da n e ir eoc eonl bgaa f nud to i ne o f y nl nd fa lp o l p tn a hudne ssnam v a nree ooel e e sfhr b t r eg e t o et po n hd enit w l to e fs b i o abl o xelgp ado o n f i t )i r* l r Ao p (f

vide

Para 9.2 165

No mechanism to know whether supplier of goods or services has paid the tax

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

a

b

c

d

e

Input Tax Credit available if tax invoice contains minimum specified details, even if it does not contain all required details -

Proviso

9.2-2 Input tax credit cannot be taken after November of subsequent financial year

30th day of November

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

166 Para 9.2

,r ts fy nsn o e d I b reub 9d –o h mT m 3e wd. e t nu ndv e ot heeo i i t t k N T m c s n eb . al h i ’ s e t u et 0 e rs h o e d3 t n de r f ne to nb i ef t uo b . etea c ntd debn rde e f . i e us ef f he s vv t i n c a t e o i ea u e h r po sh dr t e eon ee oTc hre s t i p . i t p b o 1 a g feo 2vr e n0 o rt n i c i e t i 2 gae bo a g nea t l 1 v n e i na s n h r i d e 1 i y sh ce e.r l i m cf n eh . i e e rTo ct o . i d u. ’r v o w h f n fr n v c un fe2 i d b i ‘ o 2 h efi m e t 0 o nw ee r t 2 t i ao e e t a , t wma ft t dpc o e o r d s eSA ta dn c u d e ren ey dfe o c o e p ‘ a n b – l w s h a a e e et i ret r n c r n v e i o a n i n a oF l ni a r h s tTi a n dm ’i e o S re b f oh eteGf g d h wt o s h n t fi t i trc d , i t o o ) l n n a we 4 efa e l ( t s e ti t eg 6 e c 1ratn n r edoi pAi n n c t s w o i a eTd t i o i o t hSr h b v l c t l TGo eo ns ei df s *Cw ‘i vide

Debit note with GST can be issued in any subsequent financial year also

fd st re srodo eo a o t e e hoftfrd t ts , c on 1nroy i i x 2tanl eee r i e p g t 0b p i ms yb nr 2e t i aei l e d 9 a ddeers r h fi n h a 0 c o t i nc i t 2ono , e ) a cey,4 dc n Adb1( 2 en C e i t 06 d2 .u T1 af a 1 dutI2sen s f 0sn1n i r Ti s ao o 2s e 1 Sf v i t-e v t e 1 Go n oc tot l -e o e1 e e 1 ng s r m 2trl mteof b 0aei i i o ob r lp 2dha l /etvrei s 6heafdw n d e 1tnel o f e C , i /s i l s mhbo i T 0e a i a t I 6t v rTi cc v fa 1ot . e o eo tp lp .ne r c o tdA pstCp i n Nb e l areTe. T I re l h e a 1 nmyt daSb l i l 2 h G n i u fs r0 l,a l 1 a co) C 2 a r 2v ed e s e i h es 0aa 1 ns c ch reu 2o i a 1 t o n cv r fo1fe dn nn o i y he 1 o i s t i ,, i ) nt ri lwr C v 1 4 g i e ( , o 2n en b t &0 ) i i6rf ve 4 I2 1 g a y p ( om Bi l 6 rl gd r n d 1 Ce oeoe1en -1 e d i dnh n e t .nc not obm f u i l . e e , la ta e C s 1 c . f m T2e d fa hi woo I0s sa tt ee ff2f,s a o o s o a s 1 hd e e ottt t n h n 1 c pe der eroot eh e upmeinr s i t s t i f t p l f it i v e o i r a b a r f oe o e a e 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

t ntn eie kbu e ad q t e ehs bcb nuu ass cgn tni i i u d d s e es r u Cis s r xoi afi f tn Ti tm e u iv 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/ .r he t ta 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, t s d g e a o oc n t hl ci i e c c . o n r n vu p a m nn s re ai oe nr tm gi mn dfns xi esie ay h h g t l t cm rr 7e o anuc 2d hose 1n hb cmt =uTxi 0eSiw1 2h s,2 3tGny0 l 2 f i l h Tmo a .

1 t ] eSoti r i C wR1T Gf d [ . edt f I 6dr .

8ec ece n )k uA.o x n 1 sTwt i a s l 2t i u Stp 0e c ti sGA 2d u ( e p eCTb nn t ei fSt o e, noGo be ) Cn 4 t ci sn ( n a fa b 6 hee 1oc eHdn4 )t t .ho(c o t i6A nnct teuc1n i s e m i n b s o d euff i e dcio t y i c l fon f i i wec ndoese et i op vnnvt s eeent d t k i ,n n ) o , a t e r et n a a m p nr ee n e i a o , j dbydi n r l u n n e et a i i vGiac d mn e-ncn ao wRaea 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 urb1 S9N n odue-G1r etd7 0e e C 1 2 yh r o l 0 d l f t h gt2o r a l c n l O ei g r r i ) r t a n l 1 a s ( i fi e 8n te(Mt i 1efay7 l 3 l o l k r e a u a 7 o r e n i c f c 1tt ot en fi 0eac i f 2bdi atc i c n o eAD rnev fis a a u f T n ec o di erS yi tl l lrheG a ld i a totd v C n g e i ten c ufo r i c ncci m r roe axAo ui e )R na Tv l 1 d fit n p(e e tSi p7d eu G d ya u3i hp Cn s v t n rnfam od y i oiofhb t e Fe9o c t t h r -t3todee , s ncbesn ) r e 8 rde o p i 1i oad t o s t 0c sl e nc 2e p e r uA c u hsni sT cri vni l r e r e S 9 a a d1 e G et s Mn0 u rbeC8 .

2 on o f1 edo t 0 7rhsvg 2 a n ) d c u i 1t 4 h r o l ( 0e a 2 o fi6 h 2r 1 gc f1ygMfi o 1 n l f h o no u eo3 i w i Jh t y t d h l st c di fae e p t on npods i a e r o u r s uod l u s e i t d pfMra 8 1 efeotl lo0 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 0 a 2T0 M S2 h G csy or b t i 7ahd e 1Mnl 0 f i fi t 2o i e yndb l e rr u o u Jt c t si det s ori i h oe r t c e ki ppah u t onn w t ( r a9 gu c1 nt i et0 n n r 2 i e a 1 i h t p c r i Rc r e a pTe sSrM G e e t o ht st o i p nh du tnn i d b iao er)i de 9r e l1p di 0 np2 e apu h 4 sst e 0 r cy1 o b i o yf 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 L I A V A R O F S T N E M E R I U Q E R

sne= i d1 oi ti i sv d 5 s o ee r7 r cp T Cn xonS acaG Tec0 thw7 u Ta8 ) p.

L1 ne .

I 0 m e -e 2 t ( 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 ndnm i ee o bi c vt in . fe m o ci n el a 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 rnr . a e ce i l i tl p i p pd p ueu srs ecy x ha b t t d et e gu u ap s t ni s s I t. t a Co hT n t s tIi e a e kc ,a 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 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 i tv p o pp nr ue e sb ls l ay a hr ya so bm s nd ds oo ea so ut r g sn e s e pf i em eo t l y u o b l c no ap xp td i au t s: bg e n dyd d i ene r y r fi as a op e t fi e t s o x i ca g i ta o s t 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 a n or Ct n o tc o fu o i o t s pg s c )n n e A 2 i iw ( sT 6 s y 1n o oS l pG nal o o nr f f i i o t e s s c d s te i i ed en s l h u n e rr u ) e pcm ( ei sh At h

s dsei l hh ei a t ht t [ se n] i n dit r en e uhti fcop nuni c este edir b bne f sad o a ]r 1 hB o2 )R e(Tc R eS iT o s uGvS [ as nG l i c e n hi i nl [ i pct u op sc t uf A ds oT ed r rtS r n a e eG f i wp C e t r if u c eo eo t o fr7 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 rmi he f t ioc fl e o pcp spns l uer i a see t ebn e en dhv t ey aa hb hm t ) ( a

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s enoe s otl i ui ep t ac t l p a ed c u s [ s e. md h] dor Te [ r a fif w i 2 t ] nt o 2i n n0f e e2o i p b,si t l oc c i t e Aa t r ee e t y a d dc b n f ao n mn e n oi k rF oa f i t t 2ea e 2dc b 0ii 2vnt ,duo t e n c m t n Ar a emc es o cn cC ni ae rT oI nb i f e F onr t e o dih s ev i w s do s oe ep ri t l opp r r e sp s p e ntk u i s ecaf bAmo oTd ,s t l Se i dG a fit eC i s o te pfod oond r8en p3ba

r yndcfse i o l d i i n p a rv ’o rs pe oA e uh er3 n st ht4wd c i e t ens he n fl c,o e a e o ut i hd sntnt e f e c i c T fi . e e t m o i piSrt e d ‘ tns i o c reeel p r n ee r r c pr pvn e soi e xwuv e s a Ge r s t ee l dh ei n b nt tr i tt u daspoyu s i i w bb er n p mi go , d8 r dgee1 h r a hpanTd0 i a t k cpi 2 o , l xada*p t aeet) c t u hrsb A etcw(s) x o .e fa t ho s l cn t l i i t s , a e tt o ti a c t m v d u b Ae nd pcti n TrnAn f SciTeoe f e S m s m Gh o i A s s Ct nGs a ( oCe oi ft bT o tfsnS s daoa i z 1foG 1a i l CC 4l 4p i t neT nyu osI ol l h i n h i t a t c g o c c i uu d erh et e s o c s e wr t r )gt oah a d s e t c n ( t e [ te An r l c y e o i t eb Te l i j p hp d Sr b ss eGe ua aur Shc scCw ) (

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] 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 ) ) ( ( vide

CTO

ALD Automotive (P) Ltd

Para 9.3 167

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

9.3 Requirements for availing Input Tax Credit

a

b

ba the details of input tax credit in respect of the said supply communicated to such registered person under section 38 has not been restricted vide

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

f eoo d m t c e i o r ) d o i r 2 e( f u vl 6 ni q t 2 i e 2 t1 n r n 0 n . a s eo ] 2 i t t i , e t t nc sb c n c oA i e A ls sT a l r ga e S a e ho c p G n sst eC d a n l n oo b f i s ao or F g x a9 ee 3 t hpt yn t es r o el r b e i r t d a fi vc e e x ee h t [ at t s Wt i 9 n m 3r de e e o np m r os l e e i a t a b t t s c s i o eh g n t t s ei d rn r r o e e eo s dm ho t o n t p l uy , r o s t e n t r s n rv p a el ue w t me od en h r n l r t a na eu t f s d] ht e o d n t ne r i t a fi dc p ri i e et i oe n h vo c se so i t t i r n c n t o r c l ee re n f b ul no f i e o fe dp et se eut . de al v t a t h fi i i c a e d e A md ho t c e r ec T ) r S eeG ( r hC a t f pyho t ubn h sdo t e 0 el im2 ha t ee vm fa b i l a ,es l s i b . s r fwe e cnor sl i oane r rcr a ye ptu i ae ndtp e e or r xb i ay co ft t a cx ea i faggm t n i r i l t e l a p i u t l f a mpe y d nrr ii s e ,oeu v ah f e t rd sn bo , Ao s tfn s mue o bt s g, ar nr de i e wtep a ul e ol l Db l d o e.a f ] vy x fe i a r o t a c he r v t e ryl 0 l eaa 1r mm ya bs ns sd rr e o couF t o i ge. o h vfrt f ni o n i ne o se tm dv a ae otdg l n nei p u e ui dw p ri o el e l c i ho l et p r [f

,e9lyer i s s 0a bve e e 1vdan ch i n o tnaeha vtoohsm l i t s ne i t i a i gc dn ( t e h yleeret s l l u i l d t i p f w t n h pt n n i c un e e ut e se es deb di o e b p ri t sdn. r t a a n c ] e o tt wes h a i ne n tRn ]be u l e i t 1 lo i o.ta dp 1 c i hnRrc sR As i tT e h TT iSor n b fS Soe Gef o c sd o [i sGGr o sv l B isCere i a 2 fpol inh t o e piR dc e ) n phT ei di a r oucS ae s)( de tvsuG ac)sn s[ 2 d i i i ( oo ft ro g e 6 l a e v1 c p hw r tA t unn, n t f rio2o u eT d 2 i e i S t ec i soi p 0l l s fcG p i e2i o a pv s eC 1 t tr uere f 1 sre dneo fdpf .eeh 7 i mt3 ns.h e ya A. e t l on t . n w sa t eB o s oo t t di 21es t l en e 2 c l R0nete b a u t h s i T2, i cr t g d , i t S i t i l eG e nn c d e r i ud ecsAer n i , be eremu h cci lmd l t x lo nn p i oe i a p a wns cf t i u n l ts i ta i i Ci nc u F e Tbt e e p ep Ieefn hb s t -ddoi

, -rert stnf ehec dno li v e i oet l T s eA p omc e g e np-nc n * t frsou[ n u o e o stb a tvtCes, n e h o T n r t 8i Ite eGc f 1F i t eeI p 0 j n hb .i kr i 2 t c i a e u y , ew stgat r c d exsndpAe e a i a ht d t l ) t sct t nt i , i i n e n ae h m t d hT oe c Cm o sr At.r dt cT e d e i I Te ce d pi nb St e i o dnset Gs r r o m e CoCer d r p A e fexetv( c e s t o das er o T l i )sTg oS e p t a te o (h sd Gr ) u ri 2 p ( rpehe s r n 6 o e h i I i t i 1l u t t ft dq npo c e d p e a ou t eA r i i h n t t d so t sr T c i et isr eS eft i s s e a G n n rysdce i C l i ] e liei n v b i e d p f po t o r i e l o c e s url i f AC pie Ai w w h t T 3o gh r’4 –I ucheA n h l c i ioh 3ne i t a ob vr h,4i to ahwwxnc t a , ,t oe t s nrt i t e se aoci sh c ,t chAa e t wa s sTbd sa od e t ccSnid m N a n G i v nCepa.o m d ‘ r i t r e o sef f s r i s s d n o e f 2 e i rt dt h*s so 2 o0 ni 1saw h n2 ae 4a vide

vide

168 Para 9.3

vide

d

Inputs or capital goods received in instalments

proviso

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

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

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

, s u h T . x a t e h t d i a p s a h r e i l p ps . ui sh rf e o ht t l e u ha wf o wn or no kf od t e s ml i sa i n n ae hp ce eb mo t od ne ss i o ep r o e r hp t ,i s t n t en s e e i r p i pc te Ar

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

,sfg t h don c t io onr Ao our Tgt i do Sec s Gh erd Ctroo i eo ed fr r g o e o e f he )ht o b t w ( e nbl ) s , 2 t e ( dos i t 6 1onio f o o w sr ngr s e oee t i hn h p t t t c e o r ede m s ru eho fv t c o i o to e n ec ye d s eng f or p aao rsr r e uaonf phtas n ennsa a e o hs i g r t p r t i n rec i f ope t o c F r e a y l -b ar a aoe w xt hy are t b t e h i el r e w hp t h p,t tun i a s e o he , ss t r d dheo etpo mydg b e ef r ede o det t r n ees ie v g bi em lr l le e a hv hdc e sr uo ta sm i

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

-

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

. n] e9 e1 b0 2 sa 2 h1 . f . e . w , 8 1 0 2 , et hc TA [ ) t .n t c e Am Td Sn Ge Cm A f( o )T b S ( ) G 2 C ( 6 1 n o) i t i ( c e s o t ) i ( s a d e r e –b em s u i n wre e r

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 l ema e s s em oe ep t do hr t u sn i ,p t es c aehe o h r ,d t t l a n . rs tt oo o oIn cf . p t e,s c r hei a o e d t r l t i r fa fn e o o ebtoy crhcu negeb ahihy utrtb soeod h r r t e uots p ed m r vo e a ni r i on e rs ,r gs f ae i ,crea t thw c r Aaote sondy dtseu t oreab i ooor r rdp Ge o d o fy e nre o ua p l pi eb, l a a erab e Shy ye l ftul h o obat n )teo r 2 s e i h ( t d t h 3 i t 2ood e n noto h ognc w e i on t hs i e c uc eti s ssen e rrmvr e e vsae pi n h f l f a se i od r Adt t

tm c ao r r t f n s. oe h cs c nst eaa p hps ke ws 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 R.g O 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

Explanation

vide

Explanation Explanation

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 T cI rd on f . ran e to yn s uer bge fap o oe ttl n yb er a gex v ai a t sl i e f rdo e s t e i r c r oe a pt l p sr noe aph r st t nh , ac s ura t 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

.s nra oel , Cma op rt i os – c ( un s lc i a r w poP o i t l c oo l y nl t i tef r c s ca Pe i erv s hird Tdea .ese f c d r i o ev h t y r c l c 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 stmf c e o o cat r ) i s t a v u n ( r ) oc2 e c s o2 ( t ,b s 1 e uen s sco i a v crr i t o e y( c s e nrf s ao o t o mc t y l ) nap r i I i t p( 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 1 ep . u r – f . esn e heo . h t w s, ttr a y 8 e hb p1 t 0 ddd2 eee, t mdrc i e evs t A eoi ) drg t epen bere r la hm l cd a sun he se sc ti f i vom , t r A t( c e n Asu T TeoS h c St cG Ge aC Cr fen o h o )wd b d ( sne ) a e t 2 c r f ( i e o 6 v s 1r nn neoi i ) ost b i ec t ( h e c ) 2 etr( i s dd 6 fe 1 o e v hn i se e o ctt i s oenc proe rsns ua oo phst r ) e e i i hnp o ( t sy rr oe n Fpa

Explana-

.f fr o o e ( i r rl e p e i p l vu p 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 aa nn t ie of i s h et i v kd oai rt a pop ets kea alh b t i s ng e i al c ce i v )er s be e ls ci l i d v wn r e ea s h s d,d nr o aeo svg deh owc oou gHs tion vide Final Input tax credit only after supplier makes payment of GST

Para 9.3 169

-

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

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

. 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

ts t ns i admd e hro r e r a t r e f c t rws n e oyxi ht aah t t t d o t n ti ( 0 u8 u w ho pg t o m1nn bafio r oel oedha t h o , st i y o e r t ,e t i c) l s i i plb i a v sau r a a e bnqi l s e i x reh og a ttt srint dawuu ohnop ocomt gee au r fse no r o e s hai rv t ,h e r eee i l r l o i p l t pnbp a d pe uoy s a ud e l psd eb ha xea t yahe t oa t t yb h p ys l t bl i ai a weh px cs gi oa t t tnon sh ove l n l i i c a i a i p f f y h i o l tw c p n e e per n i uue s p o ss i h i c s f t f ei e o y o r l e b apu e p t d l eu a a e r d l s v e i heeea v ht ht ha Wt

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

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

f o ) 2 ( 6 1 n o i t c e s o t

d n o c e s d e b i r c s e r p e b y a m s a r e n n a m h c u s nt . i c ,A n oT eS r e G hC t

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 yi l 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 p n ft e i g ua yo l n by oar e tdv i e d o n er c r e e c r cs xn a 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 hG i c y n ee h r h W eT h. ? t r r ,e e y i i l l l lp p a p p eu u Rs s

s aen fho t 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 srs c 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 eso. hstd e t e cht g txu c a eo e hsh f t f a shta y t mnd e e e o 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 o ei gr 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

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 , wk8 a 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 f i 1 nnn] e 9 od o1 i i t t 0 e a a 2 br r [ e tee do d i r i ns s n nnn oaoI Ccc xy -a a t tp u n pa nc i fs o e c ti i v d ere r s c t b ,de t n n ead msk tdo s oo b uo . j ) f g l d f a a o f g ko n g otn e on i B t bi et t es hp gise ucfW oeorRyR he .aA t wA en ( y dob l 3 aa 4 s1 mde enim l bup o nop. c arun cgsn sda yi r l ha p m ptwx unna soi t

re9 ro s i 1 c sa0 c Cdn 2 / &oi o 4 Ig e2 Bf c / i Co o 5 tv0 fn o n1 ei .

Dilo p a i ac nN r r eia g a r i l Pe r u o -h c 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 Se 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 2nsd e 9al e .ca t o ssa e Nc td s ri oT a v pS l r u fG e o cs

. )f) o6 oB s( l 4mD a 0 .s0 rC 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 ns 1 t i I 2 e t -a t ) 9 o h n 0 t 0 t2 d i l d( e e h r snc a f woo e tgu n i i ,y s ) s l T i e Ar t a Th S) t t En d.

Ce l v (i e ph 5i 0c s 1e a Trwn ti Toi t d S( ee l tr 3n eh =ehp m 5 wu y , 3a w ) e RpCi S v To( St3t s8 7t n 0e n )u 1m 7 0oCy 0mCa 2a Sp (

,s , ) u u dh aT n. l t i n mu ao Tc s -i Rd s Ae Ai c Ao (v 5n 6i f mo oe cu . s n s i nt as mo xp ad t n 8a 0y 1l p =p u 2s 4t 5s o Tp S, Gl e a 5s 7t ]s 9 o 1p 0g 2n [ i t t e g s a w t n a c i l p p na I

MRF Ltd., In re

Shiva Analyticals

CST

proviso

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

170 Para 9.3

proviso

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.,

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

.6 tei sn I s n 7 .r ) 2 t e a n vTmT S ue S or GxG co a s ttt0 i u d do38 ) heh00 crt12 i i uu =0 w sq (5( 2 ee gr 8 nt t4 i o t o c nT unt S si di e) dG ds e3 rer7 c c e ) i t 9 l v f a 1 r a i e 0 c rs 2 r e ( re i l o m p s pd m uo o so c og . t f ) f o to a l n a ete nr mnu ie s e i s wK yp i ai nei d pc i ten vR n r r e a A ( oa nt A i l ts i ( gnni m a uc nl 6 i9 i loes k e 4 cdap s . m mpig] d ) n a o i N se s c h a T r . hce n wt uvR n ts ta eAa n r Am ahn[ t l o t(x l d n e 8a plCe7 t i peTc 20 ahIi 1 f s m1 f ea e o= uc hw hs t t re9 ro s i 1 c sa0 c Cdn 2 / &oi o 4 Ig e2 Bf c / i Co o 5 ftv0 n o n 1 i el .

Di o p a i ac nN r r eia g a r i l Pe r u o -h c 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 Se 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 2nsd e 9al e .ca t o ssa e Nc td s ri oT a v pS l r u fG e o cs -

Reversal of ITC not required if Post sale discounts offered

Para 9.3 171

MRF Ltd. In re Santhosh Distributors, In re

t= eo s r n 6 e 6 s vi 5 er r T eS i ol t dpG ep8 u r s8 i u ) e1 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 r dc e yK el t ua i l si i s c b i r aR se i A i emlA x t A a m o ( t nol 5 tca i n1 d oi etg m r er io c l c lbo. a asn i t in c u h r a bgm e i r mt nx i a mtc a ut o d 2 cCe 3 Tr1 fI I Santosh Distributors, In re

nrTn ooSe h hGt ec Id t n a fn t ao 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 o tsp r o eeb pr r de ea d /h /sht hdco conn noaa agry b f r bieb d d h eT nr e i wi l ou.p N q p Iu oeT t r s Ss oG ds e el i c ati l p v scr n pi i e uts t s sn i / ed em s r d so a ya aho sp g e t c i n h i f . o v c i y r u l d e e p St i s a p a . pu t rT S oS s Tr sGe e dI Sh ofmGt ooaCr gts/u T n f nni Ss eetG e m t o k f ypSa Oa er -pdom Payment within 180 days required even when supply to own branches or depots?

. 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 n ho h ci t nt n aaI r r e . bd s i n ns o wn i t ooc oca t os sn n e a sr ci i ? v s ety n r r e oa e s i d s rhi 0 otv sni8 ded1 ohr n e i owt h gnn t ii fe o vrw yeot l ,hn p pTce uSnm sGay ,ora t b t c p Atr g c e n t Ten i Sji k b Gu ra om Csf s f oi d t INeo Irn eT i l o u u i qs t dSe eGr e hts u cci q 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 pi us v 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 ti ni i ,t ,) r No e vTn e-s i wRt A a oA h H( t Sanghvi Motors Ltd.

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 xCt aTn t Ie 3l lk 1u o 1f o )i lb 0 y 2al 0vn 2ao ( oe etr r da ee nl I t s i e t h n t e, sl y i l ea ce i fR f [ o s e hl cb na av r i be c te nar h i t t , s ld a n i ela peg pha asf a f nw o I Sanghvi Motors Ltd.

fdr. y gtl m n n o o i n e o u i so o t i h d r v i o u f s ct a a n l m a r ne o noa oa bt s p b os i srd x ni t i b e s aa oh n -crt u d r cno di en do w eh r ect a i t oc t d e w , n r u r si e ey pnoo a roth l m i s e t dpnm s i i t i epea h n w v y u i ws l wh op e er o w l n o p l bp b l t e u e a a oes v l d x h t b t e i t o na 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 n ap su n s lt i t dr p c oih n h 0upa T umt 8pas o ir n . a 1eta w cs e s nhor d t i i s l i ep d gnt e h n e s l na t p yf r h i i l c u e i 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 . ro ae petm h y p p. d , t e n d fieo o n r r t n o i ohy e e ah u i Ta v nt ht qo oa . p e i s t enr G s e t n n i O r o s . v o o o i n t .t opin t r T o n n i re c ds i pt OSdi aa e i ,nsc -Grav i n we o rcpr au ev o o n x r i Y p f i t e v a s ’t ei . r e yost t b uu a mpuo g l f r p s pa a n uoe np nh vi u bd I ‘

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

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n f d m e o i n r o )n o dr 2 c ef ( ee vd 6 es i e e1bcv n s d ei a o e r e i hi r ct ee c tu br en q ttsee o ormr nne ye lspa b l i i s pt. wta o8 e n n1 te d h n l t e 0 l ems ti 2 myraw6 e htyav t i3 ape pfrdd1 e i e . r yy f ,emc . l e s lbex. ul oe aw oatd t m i d v rsete a u bo t hbpr oN e lns tl ,.i e diin t w e un e t i l t a eri , a i s c n , vp e s ol i x e i nc u as t i et arR ert co l u b mp hpT i coS on d urG p dri afesfC t o n f t sn i a lo i tun, ) ra1 s o o n e r i ( ve umr t 7 e v oao 3 wee msp r ioo, l ah u s H r stp ur i .h f t h o ,c o t t Tt ftnAd . e i c i Te ep np iSi v es c Ge ve eC Er c r

t o n s e o d e l u r e h t h g u o h t , t c e f f e e v i t c e p s o r t e r h t i w y l p p a d l u o h s

. o s y a s dy nl l oa cc e fi s i c se i h p Ts

proviso

proviso

de eh s T r . e h vt eo r b or so s Ce Tc Ii v fr o e ts i r d eo r s c d eo ho Tg f -o r e i l p p u s e h t o t e d a m s i t n e m y a p r e t f a n e k a t e b n a c

Re-availing the credit after payment to supplier

proviso proviso

proviso

172 Para 9.3

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

Payment deemed to be received if amount paid by recipient on behalf of supplier is added in value for payment of GST -

-

GST

Ready Reckoner AUTHOR PUBLISHER DATE OF PUBLICATION EDITION

: : : :

V.S. DATEY TAXMANN APRIL 2022 18TH EDITION

ISBN NO NO. OF PAGES BINDING TYPE

: : :

9789356221222 1244 PAPERBACK

Description Taxmann’s Ultimate Best-Seller for Indirect Taxes – ‘GST Ready Reckoner’, is a ready referencer for all provisions of the GST Law, divided into 55 topics, with relevant Case Laws, Notifications, Circulars, etc.

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u

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