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Goods & Services Tax
(GST)
The
Latest from
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GSTUpdates
No credit of Krishi Kalyan cess Kansai Nerolac Paints Ltd., In re [2018] 96 taxmann.com 153 (AAAR -
allowed under GST; Appellate Maharashtra)
authority upholds AAR's order The assessee wanted to carry forward the accumulated credit of Krishi
Kalyan Cess (KKC) shown in service tax return as on June 30, 2017 to the
electronic credit ledger under the GST Act. It filed the application for
Advance Ruling regarding admissibility of KKC as input tax credit under the
GST Act. The Authority for Advance Ruling (AAR) held that the ITC of KKC
could not be carried forward under GST. The assessee filed an appeal
against the order of AAR before the Appellate Authority on the ground that
KKC is subsumed in the CGST Act and it does not have any independent
identity as KKC. Therefore, it should be allowed as credit under the
transitional provision.
The Maharashtra Appellate Authority for Advance Ruling (AAAR) held that
cess and duty are separate levies and cannot be equated as per the
judgment of Delhi High Court. The credit of KKC can only be utilized for
payment of KKC only. Further, the FAQs issued by CBIC have clarified that
ITC of KKC cannot be carried forward under GST. Accordingly, it upheld the
order of AAR.
Supply of UPS along with battery Switching Avo Electro Power Ltd., In re [2018] 96 taxmann.com 106
could be considered as Mixed (AAAR-West Bengal)
Supply: AAR The assessee filed an application for Advance Ruling on whether the supply
of UPS along with battery was to be considered as mixed supply as they are
supplied under a single contract at a combined single price? It contended
that UPS cannot function without battery because it is an integral part of
UPS.Hence, it is naturally bundled and such supply should be treated as a
composite supply and not as a mixed supply.
The Authority for Advance Ruling held that the storage battery had multiple
uses and could be put to different uses. Therefore, when battery was
supplied with UPS, then it could not be considered as a composite supply or
a naturally bundled supply.
Lok Sabha passes 4 GST The Central GST (Amendment) Bill, the Integrated GST (Amendment) Bill,
Amendment Bills the GST (Compensation to States) Amendment Bill, and the Union Territory
GST (Amendment) Bill are passed by Lok Sabha on August 9, 2018.
2 Taxmann's Laws August 2018
No reverse charge on supply of Notification No. 22/2018- Central Tax (Rate), Dated 06-08-2018
goods or services by unregistered The reverse charge mechanism on supply of goods or services by an
person till Sept. 30, 2019 unregistered person to registered person has been deferred till September
30, 2019.
CBIC notifies special procedure for Notification No. 31/2018- Central Tax, Dated 06-08-2018
registration of taxpayers who CBIC has notified the special procedure for registration of taxpayers who did
couldn't complete migration process not file the completed Form GST REG-26 but they had received the
provisional ID till December 31, 2017. They are required to furnish the
required details to the jurisdictional nodal officer of the Central Government
or State Government before August 31, 2018.
Fertilizers supplied for use in Circular No.54/28/2018-GST, Dated 09-08-2018
manufacture of other fertilizers would
The Govt. has clarified that the fertilizers supplied for use in manufacture of
attract 5% GST; Govt. clarifies
other fertilizers or for use directly as fertilizers would attract 5% GST.
GST would be payable on net Circular No.53/27/2018-GST, Dated 09-08-2018
quantity of petroleum gases retained The Govt. has clarified that GST will be payable by the oil refinery only on the
for manufacture of chemical products net quantity of petroleum gases retained by the recipient-manufacturer for
the manufacture of petrochemical products.
ISD can now file GST return for Notification No. 30/2018- Central Tax, Dated 30-07-2018
months of July, 2017 to Aug., 2018 Govt. has extended the due date for filing of return by Input Service
till 30/09/2018 Distributor in Form GSTR-6 for the months of July, 2017 to August, 2018 till
September 30, 2018.
No GST on ambulance services Circular No. 51/25/2018- GST, Dated 31-07-2018
provided to Govt. by private SP under Govt. has clarified that the service provided by private service provider to the
National Health Mission Govt. by way of transportation of patients in an ambulance would be
exempted from GST.
Commissionerate arrested Press Release, Dated 01-08-2018
2 businessmen for evasion of Rs. 201 The West Delhi GST Commissionerate has arrested two businessmen in a
crores using fake invoices case of fraudulent issuance of Input Tax Credit invoices without actual
supply of goods. They were involved in evasion of approximately Rs. 201
crores.
Govt. disbursed GST refunds of Press Release, Dated 01-08-2018
Rs. 54,378 crore till July 31, 2018 The Govt. has disbursed GST refunds of Rs. 54,378 crore till July 31, 2018.
The remaining GST refunds pending with CBIC will continue to be processed
expeditiously.
Taxmann's Laws August 2018 3Latest
GST
Publications 2018
As Amended by
CGST (Amdt.) Act 2018/IGST (Amdt.) Act 2018/UTGST (Amdt.) Act 2018/
GST (Compensation to States) Amdt. Act 2018
GST Tariff with GST Rate GST Works Contract &
Reckoner Other Construction Contracts
Sudipta Bhattacharjee/Rishabh Prasad/
GST Manual with GST Law Guide Abhishek Garg
& GST Practice Manual
GST Input Tax Credit
GST Ready Reckoner V.S. Datey
V.S. Datey
GST E-Way Bill
GST Refunds V.S. Datey
Aditya Singhania
GST on Builders &
GST - How to Meet Your Real Estate Agents
Obligations Sandesh Mundra
S.S. Gupta
GST on
GST Made Easy Financial Services
Answer to all Your Queries on GST Aditya Singhania
Arpit Haldia
GST Law & Practice
GST Master Guide Divya Bansal
Vivek Laddha/Pooja Patwari
GST -
GST Mini Ready Reckoner leL;k,a ,oa lek/kku
Arpit Haldia Arpit Haldia/Megha Haldia
GST Acts with Rules & Forms
Call your bookseller/representative or visit taxmann.com/bookstore
4 Taxmann's Laws August 2018Subscribe
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Taxmann's Laws August 2018 5gst.taxmann.com
Always Amended Central and State GST Acts, Place of Supply tool helps you to accurately determine
Rules, Forms, Circulars and Notifications the place of supply
Customized 25,000+ Case laws relevant under State-specific E-way Bill tool to determine if an E-way
GST (To cover nearly 40,000 case laws shortly) Bill is required for any intra-state or inter-state
movement of good
All judgments rendered by Courts/AAR on GST
3 Commentaries on GST by Mr. V.S. Datey
Always Amended GST Tariff for Goods and Services
Easy to search the relevant cases on the basis of
Instant GST Rate Finder for Goods and Services Classification of Goods/Services, Subjects and Section
GST Rates have been mapped with almost all HSN No.
and SAC Codes Research Box: Create your personal online library
Get replies on your GST queries from tax expert where you can bookmark & save any type of document
Mr. V.S. Datey and CA. Mohammad Salim for a later reference. Sync data from your research box
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