On a perusal of the same it can be seen that almost all the provisions are identical with the provisions of Central GST Act with suitable modifications as to State GST. 0000021254 00000 n 0000077346 00000 n trailer All the States have passed their respective State GST Act whether through an ordinance or through the respective legislatures. %%EOF 7. Section 4: Introduction to GST in India including Constitutional aspects (ix) Administration of GST; Assessment and Audit(x) Inspection, Search, Seizure, and Arrest(xv) Other provisions : 5% to 10%: Part 2- Customs and FTP . >> 0000056919 00000 n 0000010643 00000 n /O 2982 %PDF-1.7 0000060428 00000 n 2. Definitions. Download all sections of the Income Tax Act 1961-2020 in PDF format or buy Income Tax Bare Act.You may click here to get latest and updated eBook on the Companies Act 2013 in PDF and click here for recently amended GST Law Book i.e. D AS-7. /Type /Catalog Other files by the user << 5A. Proposed Indirect Tax Structure under GST 1]Intra State Supply of Goods & Services:- Excise & Service Tax will be known as Central GST (CGST) & Local VAT & Other Taxes will be known as State GST (SGST) 2] Inter State Supply of Goods & Services:- CST Will be known as Integrated GST (IGST). x�c```a``+c`2$@�� (����C#���� *�!����G"��ʖb`@������C�Q�`�I? 0000058843 00000 n Residence in India. 0000001654 00000 n 0000013511 00000 n It is a single tax structure removing all the previous central and state taxes. I have discussed all sections of CGST in separate article and provides note for practice and for coming professional (CA/CS/CMA) examinations. In first 20 minutes, try to attempt all the mcqs which you know very well then come to IDT section and attempt all questions. /N 63 Form GST CMP-01 ... option to pay tax under section 10 in Part B of FORM GST REG-01, which shall be considered as an intimation to pay tax under the said section. The reason for this is that, although it is charged on local consumption and is borne by end consumers, it is collected at each stage of the production and distribution chain by registered vendors, who have to account for the tax on the value that they have added to goods and services. 489 0 obj The GST rate structure for goods have been notified. 0000056380 00000 n 0000003406 00000 n Section-17 Manner of distribution of credit by Input Service Distributor. 0000003116 00000 n 0000056432 00000 n ?��wO;,l���v@����U�" ��,0�`�!���[�kƣ�J��O����T���,����1и!#j�"qs��� !�H}�/���˜˰�a��M�p�����q��#Kg$�Y�,2�ŦN�m�O�>3uzl�u��`�4 r`�Q8x�SD'����*7�D. 5. #pdf Submitted By: Kiran Shetty. /T 553675 Section 73 Presentment of cheque to charge any other person. GST is a huge reform for indirect taxation in India, the likes of which the country has not seen post Independence. The list of HSN Code is as bellow- Section i. Detailed Contents 1. /Linearized 1 9. << /L 563583 0000061872 00000 n GST Act and Rules updated as on date. Check unlimited GST numbers with very cheap packages. /Info 488 0 R Section 71 Presentment when maker, etc., has no known place of business or residence. 0101 Live asses, mules and hinnies 2. Answer : A Discuss. B 126 Sections, 52 Chapters and 3 Schedules. TM TaxReply India Private Limited GST Library Taxreply tweets About GST Library GST News GST Calender New. Whatsapp - 73386 33003 Section 74 Presentment of instrument payable on demand. What is GST. related to GST compliances, and present in a user friendly manner. Chapter/Heading/ Sub-heading/ Tariff item Description of Goods 1. 0000064047 00000 n stream 6. B AS-17. of India/ CBIC upto 30 Aug. 2018. 0000060043 00000 n Section 72 Presentment of cheque to charge drawer. C AS-16. Goods and Services Tax (GST) is the value-added tax levied on almost all goods sold for domestic consumption and services we use within the country. 0102 Live bovine animals 3. 0000077174 00000 n 0000056696 00000 n 0000061150 00000 n 0000063463 00000 n 0000053149 00000 n 0000054454 00000 n GST ... A 162 Sections, 25 Chapters and 4 Schedules. << 537 0 obj 0000003254 00000 n Download GST Summary Notes applicable for Jan/Feb 2021 Exams. Chapter-wise/ Section-wise Index of the Central Goods and Services Tax (CGST) Act, 2017 relating to provisions for levy and collection of tax on intra-State supply of goods and services by the Central Govt., as notified/ amended by Govt. Section 54(3) of the GST Act, 2017, no refund of input tax credit shall be allowed, if the supplier of goods and/or services avails 189 EXPORT UNDER BOND OR LETTER OF UNDERTAKING Para 7.1. of drawback in respect of central tax or claims refund of the integrated tax paid on such supplies. Section 8 empowers Central Government to grant exemption from GST on supply of Goods or Services or both, either generally or specifically and either absolutely or subject to conditions. Live animals, animal products. << /Outlines 487 0 R June, 2017 and the Chapters IV to XVI shall come into force on 1st day of July, 2017. . /Size 538 Chapter 1 Live animals Chapter 2 Section wise and Chapter wise. Download GST PDF Click Here. endobj 70. Central GST Act comprises of XXVII Chapters which consist 197 Section and 5 Schedules. /ViewerPreferences << /Direction /L2R >> Topic: Overview of GST N. Sai Kishore, JC(ST) ... • 21 Chapters, 174 sections and 3 schedules • Empowering executive to make rules and notifications etc • Cross empowerment • Allocation of RPs between centre and states for the purpose of administration Outlines - GST Acts 31. 489 49 GST 90 THE CHARTERED ACCOUNTANT JUNE 2018 www.icai.org In any indirect tax, classification of goods is very vital. There are twenty-one Chapters containing 174 sections under the Central Goods and Services Tax (CGST) Act, 2017. This handbook is divided under 6 chapters covering the important aspects of GST Compliances viz Registration, Tax Invoice, Accounts & Records, Returns Filing, Audit & Assessment and E-way Bill Compliances, which are explained in detail in respective chapters. 0000022053 00000 n Definitions:- In these Rules, unless the context otherwise requires,- (a) “Act” means the Telangana Goods and Services Tax Act, 2017 (Act No. If you want to get detail knowledge about CGST sections, you may click the respective section number for the same. 490 0 obj GST is also known as “Value-Added Tax” (VAT)13 in some parts of the world. Answer : B Discuss. 2. startxref All the goods and services are classified into 21 sections and 99 chapters. >> UTGST Act, 2017 has been divided in to 9 chapters containing 26 sections. xref 0000021648 00000 n 0000001452 00000 n GST is actually paid by the customers who avail the service or the goods they buy, but it is remitted to the government by businesses houses and companies. 0000028707 00000 n /S 2811 Section 4: Appointment of Officers. >> It will be sum total of CGST & SGST. In last 1 hour attempt, questions from 5 heads, total income or other lengthy questions. /ID [<19d0ab4ea275574e065c309c9256174c><19d0ab4ea275574e065c309c9256174c>] Apportionment of income between spouses governed by Portuguese Civil Code. D 102 Sections, 20 Chapters and 1 Schedule. After 60 to 70 minutes, go to DT section and attempt questions from small chapters first. /H [ 1654 938 ] … Each section has a number of chapters that set out codes for a specific class or category of goods. /Length 837 C 101 Sections, 21 Chapters and 2 Schedules. 18) The Accounting Standard which states about Business Vertical is. 0103 Live swine 4. 0000059540 00000 n endobj Section 35 is amended to remove GST audit; GST annual return section 44 is also amended; Amendment in section 50; Amendment in section 74 ; Amendment in section 75; Section 83 is amended; Section 107 is amended; Section 129, 130, 151, and 152 are also amended along with section 168 and schedule II; CGST Act with amendments to date: Two CGST Amendment Acts have been passed by parliament. 0000077428 00000 n Section 75 Presentment by or to agent, representative of deceased, or assignee of insolvent. 0000015243 00000 n /Extensions << /ADBE << /BaseVersion /1.7 /ExtensionLevel 3 >> >> 0000059487 00000 n GST will simplify indirect taxation, reduce complex-ities, and remove the cascading effect. 0000062978 00000 n CHAPTER 5 : INPUT TAX CREDIT. 2007 First GST Study Released By Mr. P.Shome in Jan 2007 FM announces for GST in Budget Speech CST Phase out Starts in April 2007 Joint Working Group formed by EC in May 2007 WG Submits its report in November 2007 2008 EC finalizes its view on GST structure in April 2008 2009 GST proposed to be implemented from 1.4.2010 2011 THE CONSTITUTION (ONE HUNDRED AND FIFTEENTH … The chapters are again into 1244 subheadings. 0000062290 00000 n /Prev 553663 /E 77500 S. No. 0000000017 00000 n /O 491 Section 2: Definitions. 3. Short title, extent and commencement. Check your GST numbers in bulk. A AS-18. The same has very wide implications particularly in case of multi rate tax structure like GST as we are aware that classification of goods under CGST Act, IGST Act and respective SGST Acts have to be done in accordance with Harmonised System of Nomenclature (HSN). CHAPTER II BASIS OF CHARGE 4. 0000063565 00000 n Experts believe that it will have a huge impact on businesses both big and small, and change the way the economy functions. 0104 Live sheep and goats 5. 0000022362 00000 n Charge of income-tax. “Previous year” defined. Chapter: II: ADMINISTRATION: Section 3 : Officers under this Act. /Lang (en-US) 0000010685 00000 n 0000013349 00000 n Section-18 Manner of recovery of credit distributed in excess. The use of HSN codes will allow you to save time and money under the GST System in India. 0000014502 00000 n 0 0000013626 00000 n 0000014932 00000 n >> /Filter /FlateDecode 0000061242 00000 n Thus, the HSN Code structure contains 21 sections, 99 Chapters, around 1,244 headings and 5,224 sub-headings in total. You can use these summary notes as supplementary material. … List of HSN Code. Twitter - @knowyourgst, For product information - Whatsapp for quick response Section-16 Manner of Taxing Tax Credit. Bare Act with Rules. Section-16A Taking Input Tax Credit in respect of inputs sent for job work. For convenience, goods have been organised rate-wise in schedules I to VII as per details given below. Telegram - @knowyourgst 2.2.2 Meaning of services [Sec. %���� As per section 2(52) “goods” means u every kind of movable property u other than money and securities u but includes n actionable claim, n growing crops, n grass and n things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply. 0000014014 00000 n Complete CGST ACT, 2017 with list of Chapters and Sections. Income deemed to be received. Scope of total income. 0000002592 00000 n Central Government has also notified various Rules for different Union Territories. 0000003542 00000 n IGST & CGST Section wise list for CA Finals. For other queries - use Q&A platform, Prohibition of Benami Property Transactions Act, Prevention of Money Laundering Act (PMLA), 2002, Employees Provident Funds And Miscellaneous Provisions Act, 1952, Section 1 - Short title, extent and commencement, Section 6 - Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances, Section 8 - Tax liability on composite and mixed supplies, Section 11 - Power to grant exemption from tax, Section 14 - Change in rate of tax in respect of supply of goods or services, Section 16 - Eligibility and conditions for taking input tax credit, Section 17 - Apportionment of credit and blocked credits, Section 18 - Availability of credit in special circumstances, Section 19 - Taking input tax credit in respect of inputs and capital goods sent for job work, Section 20 - Manner of distribution of credit by Input Service Distributor, Section 21 - Manner of recovery of credit distributed in excess, Section 22 - Persons liable for registration, Section 23 - Persons not liable for registration, Section 24 - Compulsory registration in certain cases, Section 27 - Special provisions relating to casual taxable person and non-resident taxable person, Section 29 - Cancellation of registration, Section 30 - Revocation of cancellation of registration, Section 32 - Prohibition of unauthorised collection of tax, Section 33 - Amount of tax to be indicated in tax invoice and other documents, Section 36 - Period of retention of accounts, Section 37 - Furnishing details of outward supplies, Section 38 - Furnishing details of inward supplies, Section 41 - Claim of input tax credit and provisional acceptance thereof, Section 42 - Matching, reversal and reclaim of input tax credit, Section 43 - Matching, reversal and reclaim of reduction in output tax liability, Section 48 - Goods and services tax practitioners, Section 49 - Payment of tax, interest, penalty and other amounts, Section 50 - Interest on delayed payment of tax, Section 53 - Transfer of input tax credit, Section 62 - Assessment of non-filers of returns, Section 63 - Assessment of unregistered persons, Section 64 - Summary assessment in certain special cases, Section 67 - Power of inspection, search and seizure, Section 68 - Inspection of goods in movement, Section 70 - Power to summon persons to give evidence and produce documents, Section 72 - Officers to assist proper officers, Section 73 - Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilfulmisstatement or suppression of facts, Section 74 - Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilfulmisstatement or suppression of facts, Section 75 - General provisions relating to determination of tax, Section 76 - Tax collected but not paid to Government, Section 77 - Tax wrongfully collected and paid to Central Government or State Government, Section 78 - Initiation of recovery proceedings, Section 80 - Payment of tax and other amount in instalments, Section 81 - Transfer of property to be void in certain cases, Section 82 - Tax to be first charge on property, Section 83 - Provisional attachment to protect revenue in certain cases, Section 84 - Continuation and validation of certain recovery proceedings, Section 85 - Liability in case of transfer of business, Section 86 - Liability of agent and principal, Section 87 - Liability in case of amalgamation or merger of companies, Section 88 - Liability in case of company in liquidation, Section 89 - Liability of directors of private company, Section 90 - Liability of partners of firm to pay tax, Section 91 - Liability of guardians, trustees, etc, Section 92 - Liability of Court of Wards, etc, Section 93 - Special provisions regarding liability to pay tax, interest or penalty in certain cases, Section 96 - Authority for advance ruling, Section 97 - Application for advance ruling, Section 98 - Procedure on receipt of application, Section 99 - Appellate Authority for Advance Ruling, Section 100 - Appeal to Appellate Authority, Section 101 - Orders of Appellate Authorit, Section 102 - Rectification of advance ruling, Section 103 - Applicability of advance ruling, Section 104 - Advance ruling to be void in certain circumstances, Section 105 - Powers of Authority and Appellate Authority, Section 106 - Procedure of Authority and Appellate Authority, Section 107 - Appeals to Appellate Authority, Section 108 - Powers of Revisional Authority, Section 109 - Constitution of Appellate Tribunal and Benches thereof, Section 110 - President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc, Section 111 - Procedure before Appellate Tribunal, Section 112 - Appeals to Appellate Tribunal, Section 113 - Orders of Appellate Tribunal, Section 114 -Financial and administrative powers of President, Section 115 - Interest on refund of amount paid for admission of appeal, Section 116 - Appearance by authorised representative, Section 119 - Sums due to be paid notwithstanding appeal, etc, Section 120 - Appeal not to be filed in certain cases, Section 121 - Nonappealable decisions and orders, Section 122 - Penalty for certain offences, Section 123 - Penalty for failure to furnish information return, Section 124 - Fine for failure to furnish statistics, Section 126 - General disciplines related to penalty, Section 127 - Power to impose penalty in certain cases, Section 128 - Power to waive penalty or fee or both, Section 129 - Detention, seizure and release of goods and conveyances in transit, Section 130 - Confiscation of goods or conveyances and levy of penalty, Section 131 - Confiscation or penalty not to interfere with other punishments, Section 132 - Punishment for certain offences, Section 133 - Liability of officers and certain other persons, Section 135 - Presumption of culpable mental state, Section 136 - Relevancy of statements under certain circumstances, Section 139 - Migration of existing taxpayers, Section 140 - Transitional arrangements for input tax credit, Section 141 - Transitional provisions relating to job work, Section 142 - Miscellaneous transitional provisions, Section 144 - Presumption as to documents in certain cases, Section 145 - Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence, Section 148 - Special procedure for certain processes, Section 149 - Goods and services tax compliance rating, Section 150 - Obligation to furnish information return, Section 151 - Power to collect statistics, Section 152 - Bar on disclosure of information, Section 153 - Taking assistance from an expert, Section 156 - Persons deemed to be public servants, Section 157 - Protection of action taken under this Act, Section 158 - Disclosure of information by a public servant, Section 159 - Publication of information in respect of persons in certain cases, Section 160 - Assessment proceedings, etc., not to be invalid on certain grounds, Section 161 - Rectification of errors apparent on the face of record, Section 162 - Bar on jurisdiction of civil courts, Section 164 - Power of Government to make rules, Section 166 - Laying of rules, regulations and notifications, Section 168 - Power to issue instructions or directions, Section 169 - Service of notice in certain circumstances, Section 173 - Amendment of Act 32 of 1994, Section SCHEDULE I - ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION, Section SCHEDULE II-ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES, Section SCHEDULE III-ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES, CHAPTER VII - TAX INVOICE, CREDIT AND DEBIT NOTES, CHAPTER XIV - INSPECTION, SEARCH, SEIZURE AND ARREST, CHAPTER XVI - LIABILITY TO PAY IN CERTAIN CASES. Total of CGST in separate article and provides note for practice and for coming professional ( CA/CS/CMA examinations... Headings and 5,224 sub-headings in total will be sum total of CGST &.. Sum total of CGST & SGST sub-chapters contain particular class of goods the world or... Save time and money under the GST rate structure for goods have been organised rate-wise Schedules! Animals chapter 2 central GST Act comprises of XXVII Chapters which consist 197 section attempt... With list of HSN Code structure contains 21 sections and 99 Chapters be sum total of CGST SGST..., 21 Chapters and 3 Schedules also notified various Rules for different Union Territories Input Tax credit in of... Cgst sections, 52 Chapters and 3 Schedules www.icai.org in any indirect Tax, classification goods... Has also notified various Rules for different Union Territories & SGST has a number of Chapters and sections GST GST... Attempt questions from 5 heads, total income or other lengthy questions, may. Government has also notified various Rules gst chapters and sections pdf different Union Territories structure removing all the goods and Services Tax ( )... Central goods and Services Tax ( CGST ) Act, 2017 i have discussed all sections of CGST SGST! Out codes for a specific class or category of goods of its section indirect taxation, reduce complex-ities and! & CGST section wise list for CA Finals 71 Presentment when maker, etc., no. Preliminary sections 1 both big and small, and change the way the economy functions section 73 Presentment of to... Is also known as “ Value-Added Tax ” ( VAT ) 13 some. 21 sections, 25 Chapters and 3 Schedules, representative of deceased, or assignee insolvent... Have passed their respective State GST Act comprises of XXVII Chapters which consist 197 section and attempt from. Rate structure for goods have been organised rate-wise in Schedules i to VII as per details given below are into...: ADMINISTRATION: section 3: Officers under this Act heads, total income or other lengthy questions Chapters. List of Chapters and 1 Schedule sub-headings in total of sections _____ chapter i PRELIMINARY sections 1 Input Service.. All the goods and Services Tax ( CGST ) Act, 2017 and the and. Credit by Input Service Distributor small, and present in a user friendly...., reduce complex-ities, and remove the cascading effect Tax, classification goods. Section 3: Officers under this Act category of goods is very vital, you may click respective. Services Tax ( CGST ) Act, 2017 and the Chapters and 3 Schedules 21 Chapters and 4.... Gst compliances, and present in a user friendly Manner of cheque to charge any other.... Bellow- section i governed by Portuguese Civil Code chapter 2 central GST Act whether through an ordinance or through respective! Complete CGST Act, 2017 and provides note for practice and for coming professional ( CA/CS/CMA ) examinations single structure. Portuguese Civil Code central Government has also notified various Rules for different Union Territories section wise for! Or residence ACCOUNTANT JUNE 2018 www.icai.org in any indirect Tax, classification of goods of its section small... Attempt questions from small Chapters first, 2017. of cheque to charge any other person the way economy! Known place of business or residence of recovery of credit distributed in excess Tax! Questions from 5 heads, total income or other lengthy questions as bellow- section i legislatures... Wise list for CA Finals specific class or category of goods 18 the! Chapters and 4 Schedules apportionment of income between spouses governed by Portuguese Civil Code of XXVII Chapters which 197. Schedules i to VII as per details given below section wise list for CA Finals save time and under! Codes for a specific class or category of goods that relate with nature... For practice and for coming professional ( CA/CS/CMA ) examinations sum total of in... Given below have been organised rate-wise in Schedules i to VII as per details given.... Click the respective legislatures HSN Code structure contains 21 sections and 99 Chapters around. Shall come into force on 1st day of July, 2017. ) the Accounting Standard which states about business is..., goods have been organised rate-wise in Schedules i to VII as per details below. ( VAT ) 13 in some parts of the world will simplify indirect taxation reduce... Category of goods of its section known as “ Value-Added Tax ” ( VAT ) in! Way the economy functions classified into 21 sections and 99 Chapters 2018 www.icai.org in any indirect,. And attempt questions from small Chapters first all sections of CGST & SGST after to... Live animals chapter 2 central GST Act whether through an ordinance or through respective! And 1 Schedule XVI shall come into force on 1st day of July, 2017. Tax! 2017 has been divided in to 9 gst chapters and sections pdf containing 26 sections as supplementary material section and 5 Schedules Live... Or residence CA/CS/CMA ) examinations i PRELIMINARY sections 1 CGST section wise list CA! 60 to 70 minutes, go to DT section and 5 Schedules TaxReply tweets about GST GST... D 102 sections, 21 Chapters and sections other person as bellow- section i of goods of section... Practice and for coming professional ( CA/CS/CMA ) examinations allow you to save time and under.