As per Rule 139, during the Inspection, Search or Seizure by the officer if it is not feasible to seize any such goods, the officer will issue an order of prohibition in FORM GST INS-03 to the taxpayer, that the taxpayer shall not remove, part with, or otherwise deal with the goods except with the previous permission of him i.e the officer.
Notification No 27/2017-Central Tax,dt. 30-08-2017
Government notifies E-Bay Rules wide – Notification No 27/2017-Central Tax,dt. 30-08-2017.
The notification contains the various rules, exemption for E-waybill and formats for E-waybills.
GST Tip – 317
As per Rule 139 of the CGST Rules, during Inspection, Search or Seizure, if the officer finds that any of the documents, goods, books or any other thing liable for seizure, the things seized should be issued in FORM GST INS-02 to the taxpayer.
Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017.
The approval would allow to increase the maximum rate at which the Compensation Cess can be levied from 15% to 25% on:
a) motor vehicles for transport of not more than thirteen persons, including the driver [falling under sub-headings 870210, 8702 20, 8702 30 or 8702 90]; and
b) motor vehicles falling under headings 8703.
The GST Council, in its meeting held in August 2017, taking into consideration the fact that post introduction of GST, the total incidence on motor vehicles [GST+ Compensation Cess] has come down vis-a-vis pre-GST total tax, incidence, and had recommended increase in the maximum rate at which Compensation Cess can be levied on motor vehicles falling under headings 8702 and 8703 from 15% to 25%.
The issue regarding the increase in effective rate of Compensation Cess on motor vehicles will be examined by the GST Council in due course.
(Release ID :170356)
Unit of measure as per GSTN
UQC or unit of measure is required to be shown in the HSN Summary of GSTR – 1 in table 12 and in table 13 of the GSTR – 2. The unit of measure in case of items/goods should be based on the UQC issued by the GSTN. If they do not match it will show error message and the return cannot be filed
GST Tip – 316
As per Rule 139 of CGST Rules, an officer not below the rank of Joint Commissioner can issue an order for Inspection, search and seizure as per section 67 of the CGST Act in FORM GST INS-01 authorising any other officer subordinate to him to conduct the inspection or search or, as the case may be, seizure of goods, documents, books or things liable to confiscation.
Due date extended for filing of GSTR – 5A & 6
The government has extended the due date for filing of returns for the month of july for GSTR – 5A through Notification No 25/2017-Central Tax,dt. 28-08-2017 to 15th of September 2016 and in case of GSTR – 6 through Notification No 26/2017-Central Tax,dt. 28-08-2017 to 8th of September and for the month of August to 23rd September 2017.
GST Tip – 315
As per Rule 46 of the CGST Rules, a registered taxpayer can issue a consolidated tax invoice at the end of the day if the transaction value is less than or equal to Rs 200 if the recipient does not require tax invoice or recipient is a non-registered taxpayer.
GST Tip – 314
As per Rule 47 of the CGST Rules, The tax invoice referred in Rule 46 in case of supply of services has to be issued within 30 days date of supply of service.
GST Tip – 313
As per Rule 46 of the CGST Rules, every taxpayer has to mention the name, address, place of delivery of goods, state name, and state code on supplies made to the unregistered taxpayers if the value of the supplies is Rs 50,000 or more on the tax invoice.