GST Notifications issued on June 27 and 28

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  • CGST Notifications

Following Notifications have been issued under CGST:

Notification No. Date Particulars
07/2017-Central Tax,dt. 27-06-2017 June 27, 2017 Changes in CGST Rules, 2017
08/2017-Central Tax,dt. 27-06-2017 June 27, 2017 Seeks to notify the turnover limit for Composition Levy for CGST
09/2017-Central Tax,dt. 28-06-2017 June 28, 2017 Seeks to bring into force section 6 to 9, 11 to 21, 31 to 41, 42 except the proviso to sub-section (9) of section 42, 43 except the proviso to sub-section (9) of section 43, 44 to 50, 53 to 138, 140 to 145, 147 to 163, 165 to 174 of the CGST Act.
10/2017-Central Tax,dt. 28-06-2017 June 28, 2017 Seeks to amend CGST Rules notification no 3/2017-Central Tax dt 19.06.2017
11/2017-Central Tax,dt. 28-06-2017 June 28, 2017  Inter-alia “Electronic verification code generated through net banking login on the common portal” and “Electronic verification code generated on the common portal” shall be used for verification of various documents, instead of Bank Account based OTP as notified vide notification no. 6/2017
12/2017-Central Tax,dt. 28-06-2017 June 28, 2017 ·         4 digits HSN to be furnished in Tax Invoice for registered person having Turnover of more than 5 crore

·         2 digits HSN to be furnished in Tax Invoice for registered person having Turnover of more than  1.5 crore and upto 5 crore

·         For others HSN not required to be furnished in tax invoice

 

13/2017-Central Tax,dt. 28-06-2017 June 28, 2017 ·         Rate of interest in case of ‘non-payment of tax amount’ is 18%

·         Rate of interest in case of ‘excess claim of input tax credit’ or ‘undue or excess reduction in output tax liability’ is 24%

·         Rate of Interest in case of refund of tax is 6%

·         Rate of Interest on delayed refund of tax is 6%

·         Rate of interest in case, claim of refund arises from an order passed by an adjudicating authority or Appellate Authority or Appellate Tribunal or court but  has not been refunded within 60 days is 9%

 

 

  • CGST (Rate) Notifications

Following Notifications have been issued under CGST (Rate):

Notification No. Date Particulars
01/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 Schedule wise rate has been provided:

(i) 2.5 per cent. in respect of goods specified in Schedule I,

(ii) 6 per cent. in respect of goods specified in Schedule II,

(iii) 9 per cent. in respect of goods specified in Schedule III,

(iv) 14 per cent. in respect of goods specified in Schedule IV,

(v) 1.5 per cent. in respect of goods specified in Schedule V, and

(vi) 0.125 per cent. in respect of goods specified in Schedule VI

02/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 CGST exempt goods notified under section 11 (1)
03/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 2.5% concessional CGST rate for supplies to Exploration and Production notified under section 11 (1)
04/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 Reverse charge on certain specified supplies of goods
05/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed under section 54 (3)
06/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 Refund of 50% of CGST paid on all Inward supplies by a Canteen Stores Department (CSD), under the Ministry of Defence
07/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 Exemption from CGST supplies by CSD to Unit Run Canteens and supplies by CSD / Unit Run Canteens to authorised customers notified under section 11 (1) and section 55 CSD
08/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 CGST exemption from payment of tax, if Intra state purchase from all unregistered dealer is upto Rs.5000 per day
09/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 CGST exemption from payment of tax, if Intra state purchases are made by a deductor u/s 51 from unregistered dealer.
10/2017-Central Tax (Rate),dt. 28-06-2017 June 28, 2017 CGST exemption from payment of tax, if intra-State purchases are made by  registered

Person, dealing in buying and selling of second hand goods from unregistered person.

11/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Rate of tax on services under CGST act has been notified
12/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 List of services exempted from tax on supply of services under CGST Act
13/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Notification of  categories of services on which tax will be payable under reverse charge mechanism under CGST Act
14/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 “Services by way of any activity in relation to a function entrusted to a Panchayat under article 243G of the Constitution” undertaken by Central Government or State Government or any local authority in which they are engaged as public authority, shall be treated neither as a supply of goods nor a supply of service
15/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Taxes paid on Supplies of services relating to construction of a complex, building, civil structure or part thereof  shall not be eligible for refund of unutilized ITC under CGST Act
16/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under CGST Act
17/2017-Central Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Categories of services the tax on intra-State supplies of which shall be paid by the electronic commerce operator:

 

        i.            services by way of transportation of passengers by a radio-taxi, motorcab, maxicab and motor cycle;

ii.            services by way of providing accommodation in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes

  • IGST Notifications

Following Notifications have been issued under IGST:

Notification No. Date Particulars
03/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Seeks to bring into force sections 4 to 13, 16 to 19, 21 and 23 to 25 of the IGST Act, 2017 w.e.f 01.07.2017
04/2017-Integrated Tax,dt. 28-06-2017

 

June 28, 2017 Seeks to notify IGST Rules, 2017, whereunder rules of CGST Rules, 2017 shall apply for carrying out the provisions specified in section 20 of the IGST Act, 2017
05/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 ·         4 digits HSN to be furnished in Tax Invoice for registered person having Turnover of more than 5 crore

·         2 digits HSN to be furnished in Tax Invoice for registered person having Turnover of more than  1 crore and upto 5 crore

·         For others HSN not required to be furnished in tax invoice

 

06/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 ·         Rate of interest in case of ‘non-payment of tax amount’ is 18%

·         Rate of interest in case of ‘excess claim of input tax credit’ or ‘undue or excess reduction in output tax liability’ is 24%

·         Rate of Interest in case of refund of tax is 6%

·         Rate of Interest on delayed refund of tax is 6%

·         Rate of interest in case, claim of refund arises from an order passed by an adjudicating authority or Appellate Authority or Appellate Tribunal or court but  has not been refunded within 60 days is 9%

 

  • IGST (Rate) Notifications

Following Notifications have been issued under IGST(Rate):

Notification No. Date Particulars
01/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Schedule wise rate has been provided:

(i) 5 per cent. in respect of goods specified in Schedule I,

(ii) 12 per cent. in respect of goods specified in Schedule II,

(iii) 18 per cent. in respect of goods specified in Schedule III,

(iv) 28 per cent. in respect of goods specified in Schedule IV,

(v) 3 per cent. in respect of goods specified in Schedule V, and

(vi) 0.25 per cent. in respect of goods specified in Schedule VI

02/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 List of goods exempted in case of inter-State trade.
03/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 5% concessional IGST rate for supplies to Exploration and Production notified under section 6 (1)
04/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Reverse charge on certain specified supplies of goods
05/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed
06/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Refund of 50% of Integrated tax paid on all Inward supplies by a Canteen Stores Department (CSD), under the Ministry of Defence
07/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Exemption from IGST supplies by CSD to Unit Run Canteens and supplies by CSD / Unit Run Canteens to authorised customers notified under section 11 (1) and section 55 CSD
08/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Notification of rates for supply of services under IGST Act
09/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 List of exempted services under IGST
10/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 List of services on which integrated tax will be payable under reverse charge mechanism under IGST Act
11/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 “Services by way of any activity in relation to a function entrusted to a Panchayat under article 243G of the Constitution” undertaken by Central Government or State Government or any local authority in which they are engaged as public authority, shall be treated neither as a supply of goods nor a supply of service
12/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Taxes paid on Supplies of services relating to construction of a complex, building, civil structure or part thereof  shall not be eligible for refund of unutilized ITC under IGST Act
13/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under IGST Act
14/2017-Integrated Tax,dt. 28-06-2017 June 28, 2017 Categories of services the tax on inter-State supplies of which shall be paid by the electronic commerce operator:

 

        i.            services by way of transportation of passengers by a radio-taxi, motorcab, maxicab and motor cycle;

ii.            services by way of providing accommodation in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes

  • UTGST Notifications

Following Notifications have been issued under UTGST:

Notification No. Date Particulars
02/2017-Union Territory Tax,dt. 27-06-2017 June 27, 2017 Seeks to notify the turnover limit for Composition Levy for UTGST
03/2017-Union Territory Tax,dt. 28-06-2017 June 28, 2017 Seeks to appoints the 1st day of July, 2017, as the date on which the provisions of sections 6 to 16, 18 to 20 and 23 to 26 of Union Territory Goods and Services Tax Act, 2017 (14 of 2017)shall come into force.

UTGST (Rate) Notifications

Following Notifications have been issued under UTGST (Rate):

Notification No. Date Particulars
01/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Schedule wise rate has been provided:

(i) 2.5 per cent. in respect of goods specified in Schedule I,

(ii) 6 per cent. in respect of goods specified in Schedule II,

(iii) 9 per cent. in respect of goods specified in Schedule III,

(iv) 14 per cent. in respect of goods specified in Schedule IV,

(v) 1.5 per cent. in respect of goods specified in Schedule V, and

(vi) 0.125 per cent. in respect of goods specified in Schedule VI

02/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 List of goods exempted in case of intra-State trade.
03/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 2.5% concessional CGST rate for supplies to Exploration and Production notified under section 8 (1)
04/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Reverse charge on certain specified supplies of goods
05/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed 
06/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Refund of 50% of UTGST paid on all Inward supplies by a Canteen Stores Department (CSD), under the Ministry of Defence
07/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Exemption from UTGST supplies by CSD to Unit Run Canteens and supplies by CSD / Unit Run Canteens to authorised customers notified under section 8(1) and section 55 CSD
08/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 UTGST exemption from payment of tax, if Intra state purchase from all unregistered dealer is upto Rs.5000 per day
09/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 UTGST exemption from payment of tax, if Intra state purchases are made by a deductor of tax from unregistered dealer.
10/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 UTGST exemption from payment of tax, if intra-State purchases are made by  registered

Person, dealing in buying and selling of second hand goods, from unregistered person.

11/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Rate of tax on services under UTGST act has been notified
12/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 List of services exempted from tax on supply of services under UTGST Act
13/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Notification of  categories of services on which tax will be payable under reverse charge mechanism under UTGST Act
14/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 “Services by way of any activity in relation to a function entrusted to a Panchayat under article 243G of the Constitution” undertaken by Central Government or State Government or any local authority in which they are engaged as public authority, shall be treated neither as a supply of goods nor a supply of service
15/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Taxes paid on Supplies of services relating to construction of a complex, building, civil structure or part thereof  shall not be eligible for refund of unutilized ITC under UTGST Act
16/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under UTGST Act
17/2017-Union Territory Tax (Rate) ,dt. 28-06-2017 June 28, 2017 Categories of services the tax on inter-State supplies of which shall be paid by the electronic commerce operator:

 

    iii.            services by way of transportation of passengers by a radio-taxi, motorcab, maxicab and motor cycle;

iv.            services by way of providing accommodation in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes

  • Compensation cess Notifications

Following Notifications have been issued under Compensation cess:

Notification No. Date Particulars
01/2017-Compensation Cess ,dt. 28-06-2017 June 28, 2017 Seeks to appoint the 1st day of July, 2017, as the date on which all the provisions of Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017) shall come into force
  • Compensation cess (Rate )Notifications

Following Notifications have been issued under Compensation cess:

Notification No. Date Particulars
02/2017-Compensation Cess (Rate),dt. 28-06-2017

 

June 28, 2017 To notify the rates of compensation cess on supply of specified services
01/2017-Compensation Cess (Rate),dt. 28-06-2017 June 28, 2017

Seeks to notify Rates of goods and services tax compensation cess under Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017).