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    GST Section List

    Uploaded by

    VIJAYA PRATHAP P

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    GST Section List

    Uploaded by

    VIJAYA PRATHAP P
    3 views1 page

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views1 page

    GST Section List

    Uploaded by

    VIJAYA PRATHAP P

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    GST

    Sec Particular
    2 Definitions
    Supply 7(1)(a) Normal Supply - G/S + C + IFOB + P
    7(1)(aa) Mutual Concerns to members
    7(1)(b) Import of Service with Consideration whether IFOB or not
    Without Consideration
    1) where ITC has been claimed , transfer of assets
    2) between distinct persons or related persons
    3) Principal to Agent where agent raises bill in his own name
    7(1)(c) 4) Import of Service - from establishment outside India / related person - IFOB
    7(1A) Distinguishing between supply of goods / Service
    7(2) Negative List - neither goods or service
    8 Mixed or composite supply
    Charge 9(1) Forward Charge
    9(2) Petrol etc only when GST council recommends
    9(3) Reverse Charge - Notification No 13/2017
    9(4) Builder purchase from URD
    9(5) neither FCM nor RCM - ECO
    10(1) Composition Dealer - trader / Manufacturer / Restaurant
    10(2) conditions
    10(2A) Other Composition Dealer (not covered by Sec 10(1))
    Exempted Supply 11 Exempted supply of service - Notification no 12/2017
    Time of Supply 12(1) Good Ka time of supply
    12(2) Goods - FCM
    12(3) Goods - RCM
    12(4) Goods - Voucher
    12(5) Goods - Residual Clause
    12(6) Goods - Interest / Penalty /fees for late payment of goods
    13(1) Service Ka time of supply
    13(2) Service - FCM
    13(3) Service - RCM
    13(4) Service - Voucher
    13(5) Service - Residual Clause
    13(6) Service - Interest / Penalty /fees for late payment of goods
    Value of Supply 14 CA Final
    for G & S - Same 15(1) Transaction value between unrelated parties & price is the sole consideration
    15(2) Additions to VOS
    15(3)(a) Discount on invoice
    15(3)(b) Post supply discount - Credit Note
    Conditions for availing ITC
    i) received documents - original invoice / debit note / revised invoice / bill of entry
    ii) received good / service
    iii) purchased IFOB
    iv) Lots - last lot
    16
    v) Supplier has deposited Tax - Sec 41 read with Rule 37A
    vi) Must be reflected in GSTR 2B
    vii) If recipient does not pay to the supplier VOS + GST within 180 days then reversal with
    interest, reclaim after he pays (no limit of 30th Nov or Annual return)
    Input tax credit viii) Last date for claiming ITC is 30th Nov or date of filing annual return w.e. is earlier
    Rule 86B 1% through ECL if VOS in a month > 50 lacs
    Rule 86A Blocking of ECrL
    Diff between GSTR 1 & GSTR 3B either pay or reply within 7 days else GSTR 1 of following
    Rule 88C tax period will be blocked
    17(5) Blocked Credit

    Registration 22 Turnover based registration criteria [40/20/10]


    23 Exempt from registration
    24 Other mandatory registrations
    25 Voluntary registrations

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