GST Updates

GIST OF NOTIFICATIONS ON REFUND, OLD AND USED MOTOR VEHICLE AND ACTIVITIES NEITHER SUPPLY OF GOODS NOR SUPPLY OF SERVICES -CGST Act, 2017

GIST OF NOTIFICATIONS ON REFUND, OLD AND USED MOTOR VEHICLE AND ACTIVITIES NEITHER SUPPLY OF GOODS NOR SUPPLY OF SERVICES-CGST Act, 2017

 

SECTION-54-NOTIFICATIONS RELATED TO REFUND IN CASE OF INVERTED DUTY STRUCTURE

 

Notification No. Date of Notification Relevant Section /Rule Notification Referred Brief about the Notification

 

5/2017-Central Tax (Rate)28th June 2017clause (ii) of the proviso to sub-section (3) of section 54 of CGST ActNot ApplicableSupplies of goods in respect of which no refund of unutilized input tax credit shall be allowed under section 54 (3)

 

15/2017-Central Tax (Rate)28th June 2017Sub-section (3) of section 54 of CGST ActNot ApplicableTo notify the supplies not eligible for refund of unutilized ITC under CGST Act

 

29/2017-Central Tax (Rate)22nd September 2017clause (ii) of the proviso to sub-section (3) of section 54 of CGST Act5/2017-Central Tax (Rate), dated the 28th June, 2017Seeks to amend notification no. 5/2017- central tax(rate) dated 28.06.2017 to give effect to GST council decisions regarding restriction of refund on corduroy fabrics.

 

44/2017-Central Tax (Rate)14th November 2017clause (ii) of the proviso to sub-section (3) of section 54 of CGST Act5/2017-Central Tax (Rate), dated the 28th June, 2017Seeks to amend notification no. 5/2017- Central tax(rate) dated 28.06.2017 to give effect to GST council decisions regarding restriction of ITC on certain fabrics.

 

20/2018-Central Tax (Rate)26th July 2018clause (ii) of the proviso to sub-section (3) of section 54 of CGST Act5/2017-Central Tax (Rate), dated the 28th June, 2017Seeks to amend Notification No 05/2017-Central Tax (Rate)dated 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

 

 

SECTION-55-NOTIFICATIONS RELATED TO REFUND IN SPECIAL CASES

 

Notification No. Date of Notification Relevant Section /Rule Notification Referred Brief about the Notification

 

6/2017-Central Tax (Rate)28th June 2017Section 55 of CGST ActNot ApplicableRefund of 50% of CGST on supplies to CSD under section 55

 

16/2017-Central Tax (Rate)28th June 2017Section 55 of CGST ActNot ApplicableTo notify specialized 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

 

 

NOTIFICATIONS RELATED TO TRANSACTIONS OR ACTIVITIES WHICH ARE NEITHER SUPPLY OF GOODS NOR SERVICES

 

Notification No. Date of Notification Relevant Section /Rule Notification Referred Brief about the Notification

 

14/2017-Central Tax (Rate)28th June 2017Sub-section (2) of Section 7  of CGSTNot ApplicableTo notify the supplies which shall be treated neither as a supply of goods nor a supply of service under the CGST Act

 

16/2018-Central Tax (Rate)26th July 2018Sub-section (2) of Section 7  of CGST14/2017-Central Tax (Rate) dated 28th June 2017Seeks to amend notification No. 14/2017- Central Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

 

 

CLARIFICATION RELATED TO NOTIFICATIONS: – SCOPE AND APPLICABILITY

 

Notification No. Date of Notification Relevant Section /Rule Notification Referred Brief about the Notification

 

17/2018-Central Tax (Rate)26th July 2018Sub-section (3) of Section 11  of CGST Act, 201711/2017- Central Tax (Rate), dated the 28th June, 2017Seeks to insert explanation in an item in notification No. 11/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

 

23/2018-Central Tax (Rate)20th September 2018sub-section (3) of section 11 of the Central Goods and Services Tax Act, 201712/2017- Central Tax (Rate), dated the 28th June, 2017Seeks to insert explanation in an entry in notification No. 12/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

 

30/2018-Central Tax (Rate)31st December 2018sub-section (3) of section 11 of the Central Goods and Services Tax Act, 201711/2017- Central Tax (Rate), dated the 28th June, 2017Seeks to insert explanation in an item in notification No. 11/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

 

 

NOTIFICATIONS RELATED TO LEVY OF TAX ON SUPPLY OF MOTOR CAR

 

Notification No. Date of Notification Relevant Section /Rule Notification Referred Brief about the Notification

 

37/2017-Central Tax (Rate)13th October 2017Sub-section (1) of Section 9 of CGST ActNot ApplicableSeeks to prescribe Central Tax rate on the leasing of motor vehicles.

 

08/2018-Central Tax (Rate)25th  January 2018Sub-section (1) of Section 11 of CGST Act1/2017- Central Tax (Rate), dated the28th June 2017Seeks to amend Notification No.1/2017-CGST (Rate)

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top