GST Made Easy provides an Updated, Comprehensive & Simplified Analysis of each provision of the GST Law. The objective behind this book is that the understanding of GST should be as easy as ABC. This book provides answers to all your practical queries on GST.
The Present Publication is the 10th Edition, authored by CA (Dr.) Arpit Haldia & updated till 15th June 2021, with the following noteworthy features:
• [Focus on Analysis of Substantive Provisions of the GST Law] such as supply, time of supply, place of supply, value of supply, input tax credit, etc.
• [Guidance on all Procedural Provisions] relating to registration, composition scheme, returns, liability to pay tax, etc.
• [Coverage of Provisions of the GST Law] such as assessment, demand & recovery, refunds, e-way bill, job work, etc.
The contents of the book are as follows:
• Introduction
• An Overview of GST
• Person Liable to Pay Tax in GST
• Registration in GST
• What is Supply
• Time of Supply of Goods
• Time of Supply of Services
• Value of Supply
• Place of Supply
• Determination of Supply in the Course of Inter-State Trade or Commerce or Intra-State Supplies
• Job Work
• Invoice, Credit and Debit Notes
• Input Tax Credit
• Payment of Taxes
• Brief about Persons requiring Mandatory Registration
• Composition Levy – For Supplier of Goods and for Persons Engaged in Making Supplies Referred to in Clause (b) of Paragraph 6 of Schedule II
• Returns
• Assessment
• Refund
• Accounts and Records
• E-Way Bill
• Advance Ruling
• Composition Scheme for Services or Mixed Suppliers
• Demand and Recovery
• Penalty
• Rule 86B – Payment of 1% of Output Liability in Cash
5. 0!'%
About the Author I-5
CHAPTER 1
INTRODUCTION 1
CHAPTER 2
AN OVERVIEW TO GST 3
CHAPTER 3
PERSON LIABLE TO PAY TAX IN GST 7
CHAPTER 4
REGISTRATION IN GST 41
CHAPTER 5
WHAT IS SUPPLY 59
CHAPTER 6
TIME OF SUPPLY OF GOODS 105
CHAPTER 7
TIME OF SUPPLY OF SERVICES 116
CHAPTER 8
VALUE OF SUPPLY 127
CHAPTER 9
PLACE OF SUPPLY 142
CHAPTER 10
DETERMINATION OF SUPPLY IN THE COURSE OF
INTER-STATE TRADE OR COMMERCE OR INTRA-
STATE SUPPLIES 175
I-7
Contents
6. CHAPTER 11
JOB WORK 185
CHAPTER 12
INVOICE, CREDIT AND DEBIT NOTES 194
CHAPTER 13
INPUT TAX CREDIT 211
CHAPTER 14
PAYMENT OF TAXES 247
CHAPTER 15
BRIEF ABOUT PERSONS REQUIRING MANDATORY
REGISTRATION 256
CHAPTER 16
COMPOSITION LEVY - FOR SUPPLIER OF GOODS AND FOR
PERSONS ENGAGED IN MAKING SUPPLIES REFERRED
TO IN CLAUSE (b) OF PARAGRAPH 6 OF SCHEDULE II 278
CHAPTER 17
RETURNS 287
CHAPTER 18
ASSESSMENT 301
CHAPTER 19
REFUND 305
CHAPTER 20
ACCOUNTS AND RECORDS 330
CHAPTER 21
E-WAY BILL 336
CHAPTER 22
ADVANCE RULING 363
CHAPTER 23
COMPOSITION SCHEME FOR SERVICES OR MIXED
SUPPLIERS 369
CHAPTER 24
DEMAND AND RECOVERY 372
CHAPTER 25
PENALTY 386
CHAPTER 26
RULE 86B - PAYMENT OF 1% OF OUTPUT LIABILITY
IN CASH 393
0!'%
I-8 #/.4%.43
7. PART A
APPLICATION FOR REGISTRATION
Question 54: How many registrations can a person obtain
on a single PAN in each State or a Union territory?
Answer : !
PERSON
CAN
OBTAIN
A
SINGLE
REGISTRATION
IN
EACH
3TATE
OR
A
5NION
TERRITORY
ON
A
SINGLE
0ERMANENT
!CCOUNT
.UMBER
Question 55: Whether a person can obtain multiple registra-
tions on a single PAN in a single State or Union territory?
Answer : Vide #'34
!MENDMENT
!CT
12. Question 57: What would be the treatment of supply of
goods or services or both between person having separate
registrations under common PAN in the same State/Union
territory or different States/Union territories?
Answer : !LL
THESE
BUSINESSES
REGISTERED
SEPARATELY
WHETHER
IN
SAME
3TATE
OR
5NION
TERRITORY
OR
DIFFERENT
3TATES
OR
5NION
TERRITORIES
WOULD
BE
TREATED
AS
DISTINCTSEPARATE
PERSONS
UNDER
'34
AND
WOULD
HAVE
TO
CHARGE
TAX
ON
THE
SUPPLY
OF
GOODS
OR
SERVICES
OR
BOTH
AMONGST
THEM-
SELVES
13. IN
THE
SAME
MANNER
AS
TAX
IS
CHARGED
BY
THEM
ON
SUPPLY
OF
GOODS
OR
SERVICES
OR
BOTH
TO
A
THIRD
PERSON
Question 58: Whether a person can get himself registered
undertheActwithouthavingaPermanent AccountNumber?
Answer : !
PERSON
SHOULD
MANDATORILY
HAVE
0ERMANENT
!CCOUNT
.UMBER
ISSUED
UNDER
THE
)NCOME
4AX
!CT
IN
ORDER
TO
BE
ELIGIBLE
FOR
GRANT
OF
REGISTRATION
Question 59: Is there any exception for a person being
registeredundertheActwithouthavingaPermanentAccount
Number?
Answer:OLLOWING
PERSONS
WOULD
NOT
BE
REQUIRED
TO
HAVE
A
0ERMANENT
!CCOUNT
.UMBER
FOR
BEING
REGISTERED
UNDER
THE
!CT
a
.ON
RESIDENT
TAXABLE
PERSON
18. AS
MAY
BE
NOTIlED
BY
THE
#OMMISSIONER
Question 61: What would be the time limit for submission of
application for registration?
Answer:!N
APPLICATION
FOR
REGISTRATION
HAS
TO
BE
SUBMITTED
WITHIN
THIRTY
DAYS
FROM
THE
DATE
ON
WHICH
THE
PERSON
BECOMES
LIABLE
TO
REGISTRATION
42
2%')342!4)/.
).
'34
19. Question 62: Is there any different time limit for submission
of application for registration for Casual Taxable Person and
Non-resident Taxable Person?
Answer : 9ES
20. A
PERSON
WHO
IS
A
NON
RESIDENT
TAXABLE
PERSON
OR
CASUAL
TAXABLE
PERSON
SHALL
APPLY
FOR
REGISTRATION
AT
LEAST
lVE
DAYS
PRIOR
TO
THE
DATE
OF
COMMENCEMENT
OF
BUSINESS
Question 63: What would be the consequences of submis-
sion of application of registration beyond the period of thirty
days from the date on which the person becomes liable for
registration or otherwise?
Answer : (E
WILL
NOT
BE
ALLOWED
BENElT
OF
)NPUT
4AX
#REDIT
IN
RESPECT
OF
INPUTS
HELD
IN
STOCK
AND
INPUTS
CONTAINED
IN
SEMI
lNISHED
OR
lNISHED
GOODS
HELD
IN
STOCK
AS
ON
THE
DATE
WHEN
HE
BECAME
LIABLE
FOR
REGISTRATION
4HE
!CT
ONLY
PROVIDES
FOR
THE
ALLOWABILITY
OF
)NPUT
4AX
#REDIT
IN
RESPECT
OF
INPUTS
HELD
IN
STOCK
AND
INPUTS
CONTAINED
IN
SEMI
lNISHED
OR
lNISHED
GOODS
HELD
IN
STOCK
23. Question 66 : What would be the effective date of registration
for a person applying for new registration?
Answer : 4HE
ANSWER
TO
THE
ABOVE
QUESTION
CAN
BE
DIVIDED
INTO
TWO
SEPARATE
CATEGORIES
a
!PPLICATION
FOR
REGISTRATION
HAS
BEEN
SUBMITTED
WITHIN
THIRTY
DAYS
FROM
THE
DATE
ON
WHICH
THE
PERSON
BECOMES
LIABLE
FOR
REGISTRATION
4HE
REGISTRATION
SHALL
BE
EFFECTIVE
FROM
THE
DATE
ON
WHICH
THE
PERSON
BECOMES
LIABLE
FOR
REGISTRATION
b
!PPLICATION
FOR
REGISTRATION
HAS
BEEN
SUBMITTED
AFTER
THIRTY
DAYS
FROM
THE
DATE
ON
WHICH
THE
PERSON
BECOMES
LIABLE
FOR
REGISTRATION
7HERE
AN
APPLICATION
FOR
REGISTRATION
HAS
BEEN
SUBMITTED
BY
THE
APPLICANT
AFTER
THIRTY
DAYS
FROM
THE
DATE
OF
BEING
LIABLE
TO
REGISTRATION
39. Question71:AspertheprovisionsofSection27ofCGSTAct,
2017: Maximum time period for which registration granted
to a casual taxable person is valid for 180 days. Supposedly,
a casual taxable person takes a registration in a state for
participating in an exhibition and exhibition extends beyond
a period of 180 days. Whether he can extend the validity of
registration beyond 180 days.
Answer : #%#
#IRCULAR
.O
58. REGISTRATION
GRANTED
TO
THE
REGISTERED
PERSON
SHALL
BE
LIABLE
TO
BE
CANCELLED
PART B
AMENDMENT TO PARTICULARS
OF REGISTRATION CERTIFICATE
Question 75: What is time limit within which every registered
person is required to inform about any changes in the infor-
mation furnished at the time of registration or subsequently?
Answer : %VERY
REGISTERED
PERSON
IS
REQUIRED
TO
INFORM
ABOUT
ANY
CHANGES
IN
THE
INFORMATION
FURNISHED
AT
THE
TIME
OF
REGISTRATION
OR
SUBSEQUENTLY
59. WITHIN
lFTEEN
DAYS
OF
SUCH
CHANGE
Question 76: Which change to the information furnished at
the time of registration or subsequently would have to be
DSSURYHGEWKHSURSHURI¿FHU
Answer : OLLOWING
CHANGES
IN
THE
INFORMATION
FURNISHED
AT
THE
TIME
OF
REGISTRATION
OR
SUBSEQUENTLY
WOULD
HAVE
TO
BE
APPROVED
BY
THE
PROPER
OFlCER
i
,EGAL
NAME
OF
BUSINESS
2%')342!4)/.
).
'34
47
72. IT
SHALL
BE
CARRIED
OUT
ONLY
AFTER
ONLINE
VERIlCATION
THROUGH
THE
#OMMON
0ORTAL
Question 78: A person has multiple registrations in same
State/Union Territory or in Multiple States/Union Territory
on same Permanent Account Number. Which amendments
FDUULHGRXWLQRQHUHJLVWUDWLRQFHUWL¿FDWHZRXOGEHDSSOLFD-
EOHIRUDOOUHJLVWUDWLRQFHUWL¿FDWHV
Answer : 4HE
CHANGE
RELATING
TO
i
LEGAL
NAME
OF
BUSINESS
ii
ADDITION
81. Question 80: What is the time period, after the expiry of which
amendment requested by the taxable person are deemed to
be approved suo motu.
Answer :
)F
THE
PROPER
OFFICER
FAILS
TO
TAKE
ACTION
91. cation in FORM GST REG-16 on the common portal within a period
of 30 days of the occurrence of the event warranting the cancellation.
It might be difficult in some cases to exactly identify or pinpoint the
day on which such an event occurs. For instance, a business may be
transferred/disposed over a period of time in a piece meal fashion.
In such cases, the 30-day deadline may be liberally interpreted and
the taxpayers application for cancellation of registration may not be
rejected because of the possible violation of the deadline.
4HEREFORE
92. IT
HAS
BEEN
ADVISED
THAT
THE
DAYS
DEADLINE
MAY
BE
LIB-
ERALLY
INTERPRETED
Question 83: What are the particulars and conditions to be
VDWLV¿HGEDUHJLVWHUHGSHUVRQZKLOH¿OLQJDQDSSOLFDWLRQ
for cancellation of registration under the Act?
Answer : 4HE
REGISTERED
PERSON
HAS
TO
SUBMIT
AN
APPLICATION
ELEC-
TRONICALLY
FOR
CANCELLATION
OF
REGISTRATION
CONTAINING
FOLLOWING
DETAILS
a
)NPUTS
HELD
IN
STOCK
OR
INPUTS
CONTAINED
IN
SEMI
lNISHED
OR
lNISHED
GOODS
HELD
IN
STOCK
AND
CAPITAL
GOODS
ON
THE
DATE
FROM
WHICH
CANCELLATION
OF
REGISTRATION
IS
SOUGHT
b
4AX
DUE
TO
BE
PAID
ON
)NPUTS
HELD
IN
STOCK
OR
INPUTS
CONTAINED
IN
SEMI
lNISHED
OR
lNISHED
GOODS
HELD
IN
STOCK
AND
ON
CAPITAL
GOODS
c
$ETAILS
OF
THE
PAYMENT
94. MADE
AGAINST
SUCH
LIABILITY
d
2ELEVANT
DOCUMENTS
IN
SUPPORT
OF
THE
APPLICATION
FOR
CANCELLATION
OF
REGISTRATION
Question 84: In case of death of the registered person, who
FDQ¿OHDSSOLFDWLRQIRUFDQFHOODWLRQRIUHJLVWUDWLRQ
Answer : ,EGAL
HEIR
OF
THE
REGISTERED
PERSON
CAN
lLE
AN
APPLICATION
FOR
CANCELLATION
OF
REGISTRATION
4XHVWLRQ:KDWDUHWKHVLWXDWLRQVZKHUHLQSURSHURI¿FHU
FDQFDQFHOWKHUHJLVWUDWLRQRQDQDSSOLFDWLRQ¿OHGEUHJLVWHUHG
person?
Answer : 2EGISTRATION
MAY
BE
CANCELLED
BY
PROPER
OFlCER
ON
AN
APPLI-
CATION
lLED
BY
THE
REGISTERED
PERSON
IN
FOLLOWING
SCENARIOS
a
THE
BUSINESS
HAS
BEEN
DISCONTINUED
98. Rs. 895 | USD 43
AUTHOR : ARPIT HALDIA
PUBLISHER : TAXMANN
DATE OF PUBLICATION : JULY 2021
EDITION : 10TH EDITION
ISBN NO : 9789390585892
NO. OF PAGES : 404
BINDING TYPE : PAPERBACK
ORDER NOW
GST
Made Easy
Description
GST Made Easy provides an Updated, Comprehensive Simplified Analysis
of each provision of the GST Law. The objective behind this book is that the
understanding of GST should be as easy as ABC. This book provides answers to
all your practical queries on GST.
The Present Publication is the 10th Edition, authored by CA (Dr.) Arpit Haldia
updated till 15th June 2021, with the following noteworthy features:
u [Focus on Analysis of Substantive Provisions of the GST Law] such as supply,
time of supply, place of supply, value of supply, input tax credit, etc.
u [Guidance on all Procedural Provisions] relating to registration, composition
scheme, returns, liability to pay tax, etc.
u [Coverage of Provisions of the GST Law] such as assessment, demand
recovery, refunds, e-way bill, job work, etc.