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51 Notifications in A Day on GST – Quick Glance Summary of All of them

51 Notifications in A Day on GST – Quick Glance Summary of All of them
The Government of India has issued bundle of notifications on 28th June, 2017 to kick start GST from 1st of July, 2017. These notifications notify the basic guiding provisions of GST like Levy & Collection, Exemption, Interest Rates, Refund restrictions etc. A gist of these notifications is presented below:

S No.
Issued Under
Notification No.
Essence of Notification
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1.
CGST
Notification No. 9/2017 – Central Tax
Brings into force w.e.f 01/07/2017 following Sections of CGST Act, 2017:-
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 to51 sub-section (9) of section 43, 44 to 50, 53 to 138, 140 to 145, 147 to 163, 165 to 174

2.
CGST
Notification No. 10/2017 – Central Tax
Amends Central Goods & Services Tax Rules, 2017
http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-10-central-tax-english.pdf
3.
CGST
Notification No. 11/2017 – Central Tax
Changes modes of verification prescribed under Not. 06/2017 dt. 19/06/2017 from ‘Bank account based One Time Password (OTP)’ to following:
(ii) Electronic verification code generated through net banking login on the common portal;
(iii) Electronic verification code generated on the common portal.
Not. Comes into effect from 22/06/2017

4.
CGST
Notification No. 12/2017 – Central Tax
Notifies number of HSN digits required on Tax Invoice under Rule 46 of CGST Rules, 2017.
Annual Turnover (Preceding FY)
Number of Digits of HSN Code
Upto 1.5 Crores
Nil
1.5 Crores to 5 Crores
2
More than 5 Crores
4
Effective date:- 01/07/2017

5.
CGST
Notification No. 13/2017 – Central Tax
Prescribes Interest Rates under Different Sections:
Particulars
Interest Rate (%)
Late tax payment under Sec. 50(1) of CGST Act
18
Undue or Excess ITC Claim u/s 50(3)
24
Int. on withheld Refund u/s 54(12)
6
Int. on delay in refund ordered by Proper Officer u/s 56
6
Int., on delay in refund ordered, under proviso to Sec. 56
9
Effective date:- 01/07/2017

6.
(CGST) Rate
Notification No. 01/2017 – Central Tax (Rate)
Notifies GST Rate Schedule under CGST Act, 2017 under Section 9(1) of the CGST Act.
Effective date:- 01/07/2017
7.
(CGST) Rate
Notification No. 02/2017 – Central Tax (Rate)
Notifies list of goods, intra-state supply of which is exempt under Sec. 11 of the CGST Act.
Effective date:- 01/07/2017

8.
(CGST) Rate
Notification No. 03/2017 – Central Tax (Rate)
Notifies concessional rate of 2.5% on Intra State supplies to Exploration and Production notified under section 11 (1) of the CGST Act.
Effective date:- 01/07/2017

9.
(CGST) Rate
Notification No. 04/2017 – Central Tax (Rate)
Reverse Charge liability on Intra-State supply of certain goods.
Effective date:- 01/07/2017
10.
(CGST) Rate
Notification No. 05/2017 – Central Tax (Rate)
Notifies list of Goods where no refund of unutilized Input Tax Credit shall be allowed on account of rate of tax on inputs being higher than the rate of tax on the output supplies of such goods (other than nil rated or fully exempt supplies).
Effective date:- 01/07/2017
11.
(CGST) Rate
Notification No. 06/2017 – Central Tax (Rate)
50% Refund to Canteen Stores Department (CSD) of CGST paid on all inward supplies received for the purpose of subsequent supply to Unit Run Canteens of the CSD or to the authorized customers of the CSD.
Effective date:- 01/07/2017

12.
(CGST) Rate
Notification No. 07/2017 – Central Tax (Rate)
Exemption of supply of goods (any & all goods) from CGST for following supplies:-
·   The supply of goods by the CSD to the Unit Run Canteens.
·   The supply of goods by the CSD to the authorized customers.
·   The supply of goods by the Unit Run Canteens to the authorized customers.
Effective date:- 01/07/2017

13.
(CGST) Rate
Notification No. 08/2017 – Central Tax (Rate)
Exemption from reverse charge where supply is made by unregistered supplier to registered supplier (u/s 9(4) of CGST Act) and the value of such supply is upto Rs. 5,000.
Effective date:- 01/07/2017

14.
(CGST) Rate
Notification No. 09/2017 – Central Tax (Rate)
Exemption of CGST on Intra State supply made by unregistered supplier to a Deductor registered u/s 51 provided the deductor is registered under the act only by virtue of Section 24(vi).
Effective date:- 01/07/2017

15.
(CGST) Rate
Notification No. 10/2017 – Central Tax (Rate)
CGST exemption for dealers operating under Margin Scheme.
16.
IGST
Notification No. 3/2017 – Integrated Tax
Brings into force w.e.f 01/07/2017 following Sections of IGST Act, 2017:-
Sections 4 to 13, 16 to 19, 21, 23 to 25 of the IGST Act.
http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-3-integrated-tax-english.pdf
17.
IGST
Notification No. 4/2017 – Integrated Tax
Notifies IGST Rules, 2017
18.
IGST
Notification No. 5/2017 – Integrated Tax
Notifies number of HSN digits required on Tax Invoice.
Annual Turnover (Preceding FY)
Number of Digits of HSN Code
Upto 1.5 Crores
Nil
1.5 Crores to 5 Crores
2
More than 5 Crores
4
Effective date:- 01/07/2017
http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-5-igst-tax-english.pdf
19.
IGST
Notification No. 6/2017 – Integrated Tax
Prescribes Interest Rates under Different Sections:
Particulars
Interest Rate (%)
Late tax payment under Sec. 50(1) of CGST Act
18
Undue or Excess ITC Claim u/s 50(3)
24
Int. on withheld Refund u/s 54(12)
6
Int. on delay in refund ordered by Proper Officer u/s 56
6
Int., on delay in refund ordered, under proviso to Sec. 56
9
Sections referred above are of CGST Act and are to be read with Section 20 of IGST Act.
Effective date:- 01/07/2017
20.
(IGST) Rate
Notification No. 1/2017 – Integrated Tax (IGST) Rate
Notifies GST Rate Schedule under IGST Act, 2017 under Section 5(1) of the IGST Act.
Effective date:- 01/07/2017
21.
(IGST) Rate
Notification No. 2/2017 – Integrated Tax (IGST) Rate
Notifies list of goods, inter-state supply of which is exempt under Sec. 6 of the IGST Act.
Effective date:- 01/07/2017
22.
(IGST) Rate
Notification No. 3/2017 – Integrated Tax (IGST) Rate
Notifies schedule for conditional IGST Exemption.
Effective date:- 01/07/2017
23.
(IGST) Rate
Notification No. 4/2017 – Integrated Tax (IGST) Rate
Reverse Charge liability on supply of certain goods under IGST.
Effective date:- 01/07/2017
24.
(IGST) Rate
Notification No. 5/2017 – Integrated Tax (IGST) Rate
Notifies list of Goods where no refund of unutilized Input Tax Credit shall be allowed on account of rate of tax on inputs being higher than the rate of tax on the output supplies of such goods (other than nil rated or fully exempt supplies).
25.
(IGST) Rate
Notification No. 6/2017 – Integrated Tax (IGST) Rate
50% Refund to Canteen Stores Department (CSD) of IGST paid on all inward supplies received for the purpose of subsequent supply to Unit Run Canteens of the CSD or to the authorized customers of the CSD.
Effective date:- 01/07/2017
26.
(IGST) Rate
Notification No. 7/2017 – Integrated Tax (IGST) Rate
Exemption of supply of goods (any & all goods) from IGST for following supplies:-
·   The supply of goods by the CSD to the Unit Run Canteens.
·   The supply of goods by the CSD to the authorized customers.
·   The supply of goods by the Unit Run Canteens to the authorized customers.
Effective date:- 01/07/2017
27.
(IGST) Rate
Notification No. 8/2017 – Integrated Tax (IGST) Rate
Notifies rates of supply of service under IGST Act.
Effective date:- 01/07/2017
http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification8-IGST.pdf
28.
(IGST) Rate
Notification No. 9/2017 – Integrated Tax (IGST) Rate
Notifies exemptions on supply of services under IGST Act.
Effective date:- 01/07/2017
http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification9-IGST.pdf
29.
(IGST) Rate
Notification No. 10/2017 – Integrated Tax (IGST) Rate
Notifies categories of services on which integrated tax will be payable under reverse charge mechanism under IGST Act.
http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification10-IGST.pdf
30.
(IGST) Rate
Notification No. 11/2017 – Integrated Tax (IGST) Rate
Supplies which shall be treated neither as a supply of goods nor a supply of service under the IGST Act.
31.
(IGST) Rate
Notification No. 12/2017 – Integrated Tax (IGST) Rate
Notifies that in case of supply of services specified in sub-item (b) of item 5 of Schedule II of CGST Act no refund shall be allowed of unutilized ITC under IGST.
Effective date:- 01/07/2017
http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification12-IGST.pdf
32.
(IGST) Rate
Notification No. 13/2017 – Integrated Tax (IGST) Rate
Notifies 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
33.
(IGST) Rate
Notification No. 14/2017 – Integrated Tax (IGST) Rate
Notifies categories of services the tax on inter-State supplies of which shall be paid by the electronic commerce operator
34.
UTGST
Notification No. 03/2017 – Union Territory Tax
Brings into force w.e.f 01/07/2017 following Sections of UTGST Act, 2017:-
Section 6 to 16, 18 to 20 and 23 to 26
http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-3-UTGST-english.pdf
35.
(UTGST) Rate
Notification No. 01/2017 – Union Territory Tax (Rate)
Notifies GST Rate Schedule under CGST Act, 2017 under Section 7(1) of the UTGST Act.
Effective date:- 01/07/2017
36.
(UTGST) Rate
Notification No. 02/2017 – Union Territory Tax (Rate)
Notifies list of goods, intra-state supply of which is exempt under Sec. 8 of the UTGST Act.
Effective date:- 01/07/2017
37.
(UTGST) Rate
Notification No. 03/2017 – Union Territory Tax (Rate)
Notifies concessional rate of 2.5% on Intra State supplies to Exploration and Production notified under section 8 of the UTGST Act.
Effective date:- 01/07/2017
38.
(UTGST) Rate
Notification No. 04/2017 – Union Territory Tax (Rate)
Reverse Charge liability of UTGST on Intra-State supply of certain goods.
Effective date:- 01/07/2017
39.
(UTGST) Rate
Notification No. 05/2017 – Union Territory Tax (Rate)
Notifies list of Goods where no refund of unutilized Input Tax Credit shall be allowed on account of rate of tax on inputs being higher than the rate of tax on the output supplies of such goods (other than nil rated or fully exempt supplies).
Effective date:- 01/07/2017
40.
(UTGST) Rate
Notification No. 06/2017 – Union Territory Tax (Rate)
50% Refund to Canteen Stores Department (CSD) of UTGST paid on all inward supplies received for the purpose of subsequent supply to Unit Run Canteens of the CSD or to the authorized customers of the CSD.
Effective date:- 01/07/2017
41.
(UTGST) Rate
Notification No. 07/2017 – Union Territory Tax (Rate)
Exemption of supply of goods (any & all goods) from UTGST for following supplies:-
·   The supply of goods by the CSD to the Unit Run Canteens.
·   The supply of goods by the CSD to the authorized customers.
·   The supply of goods by the Unit Run Canteens to the authorized customers.
Effective date:- 01/07/2017
42.
(UTGST) Rate
Notification No. 08/2017 – Union Territory Tax (Rate)
Exemption from reverse charge where supply is made by unregistered supplier to registered supplier and the value of such supply is upto Rs. 5,000.
Effective date:- 01/07/2017
43.
(UTGST) Rate
Notification No. 09/2017 – Union Territory Tax (Rate)
Exemption of UTGST on Intra State supply made by unregistered supplier to a Deductor registered u/s 51 provided the deductor is registered under the act only by virtue of Section 24(vi) of CGST act read with Section 21 of UTGST Act.
Effective date:- 01/07/2017
44.
(UTGST) Rate
Notification No. 10/2017 – Union Territory Tax (Rate)
UTGST exemption for dealers operating under Margin Scheme.
http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-10-UTGST-rate-english.pdf
45.
(UTGST) Rate
Notification No. 11/2017 – Union Territory Tax (Rate)
Notifies rates of supply of service under UTGST Act.
Effective date:- 01/07/2017
46.
(UTGST) Rate
Notification No. 12/2017 – Union Territory Tax (Rate)
Notifies exemptions on supply of services under UTGST Act.
Effective date:- 01/07/2017
47.
(UTGST) Rate
Notification No. 13/2017 – Union Territory Tax (Rate)
Reverse Charge liability on supply of certain goods under UTGST.
Effective date:- 01/07/2017
48.
(UTGST) Rate
Notification No. 14/2017 – Union Territory Tax (Rate)
Supplies which shall be treated neither as a supply of goods nor a supply of service under the UTGST Act.
49.
(UTGST) Rate
Notification No. 15/2017 – Union Territory Tax (Rate)
Notifies that in case of supply of services specified in sub-item (b) of item 5 of Schedule II of CGST Act no refund shall be allowed of unutilized ITC under UTGST.
Effective date:- 01/07/2017
50.
(UTGST) Rate
Notification No. 16/2017 – Union Territory Tax (Rate)
Notifies 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
51.
(UTGST) Rate
Notification No. 17/2017 – Union Territory Tax (Rate)
Notifies categories of services the tax on intra-State supplies of which shall be paid by the electronic commerce operator
http://www.cbec.gov.in/resources//htdocs-cbec/gst/ECO%20Notification%20-%20UTGST.pdf



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