1.

Below authorities will be involved in GST

a) Principal Chief Commissioners of CGST, or
b) Commissioner of CGST,SGST,
c) Special Commissioners of CGST,SGST,
d) Additional Commissioners of CGST,SGST,
e) Joint Commissioners of CGST,SGST,
f) Deputy Commissioners of CGST,SGST,
g) Assistant Commissioners of CGST,SGST, and other
2. CGST/SGST shall be paid by every taxable person
3. Central or a State Government may apply tax as revers charge basis for
specific categories of supply of goods and/or services.
4. Taxable Person means a person who carries on any business at any place in
India and his aggregate turnover in a financial year exceeds [Rs ten lakh] and
five lakh for northeast states.
5. Government can exempt tax for goods or service by issuing Official Gazette
6. Below table showing when tax liability will be create.

7. In case of continuous supply of goods, time of supply will be the date of expiry
of the period to which such successive statements of accounts or successive
payments relate.
8. Assessable value for GST calculation will be :
Basic Value + taxes other than GST + royalties and licence fees + Incidental
expences like packing , commission + subsidies + reimbursable expenditure +
discount or incentive
9. Taxable Person can take credit of input tax
10. Input tax credit can be avail within one year after invoice issue date
11. Taxable person can take credit of input tax, which he used in his business;
partial part which is not used in business cannot take credit

11. Taxable person can transfer input tax credit in case of sold, merged,
demerged, amalgamated, leased or transferred business
12. Goods and / or services provided in relation to food and beverages, outdoor
catering, beauty treatment, health services, cosmetic and plastic surgery,
membership of a club, health and fitness centre, life insurance, health insurance
and travel benefits extended to employees on vacation such as leave or home
travel concession, when such goods and/or services are used primarily for
personal use or consumption of any employee
13. Goods and/or services acquired by the principal in the execution of works
when such contract results in construction of immovable property, other than
plant and contract machinery;
14. Where the registered taxable person has claimed depreciation on the tax
component of the cost of capital goods under the provisions of the Income Tax
Act,1961, the input tax credit shall not be allowed on the said tax component.
15. We can adjust input credit by following manner
IGST = IGST - CGST SGST
CGST = CGST IGST
SGST = SGST IGST
16. Excess credit of input duty can be recovered with interest.
17. Threshold value for registration is 9 Lakh , and 4 Lakh for NE state
18. Different registration for different states,
19. Different registration for different business vertical
20. A person, though not liable, may get himself registered voluntarily.
21. Already registered person other than input service provider, not necessary to
get fresh registration
22. Non-residential taxable person or casual taxable person make advance
deposit of estimated tax liability for the period for which the registration is
sought at the time of application and it is valid for 90 day's, it can be extended
upto 90 day's.
23. At the time of goods supply taxable person should raise invoice which is
showing particulars, quantity, value of goods, tax
24. A registered taxable person, supplying services, shall issue a tax invoice
within the prescribed time; showing the description, the tax charged thereon and
other such particulars as may be prescribed.

25. A taxable person if supplying non-taxable goods or service then it is not

necessary to raise tax invoice, instead of this bill of supply needed with all
details.
26. Late fee of rupees one hundred for every day during which such failure
continues subject to a maximum of rupees five thousand.
27. All tax related payments like tax, interest, penalty, fee, deposit etc. shall be
shall be credited to the electronic cash ledger of such person.
28. The date of credit to the account of the appropriate Government in the
authorized bank shall be deemed to be the date of deposit.
29. Every taxable person shall discharge his tax and other dues in the following
order: other dues related to returns of previous tax periods, return of current tax
period, and any other amount payable
30. Any person can claim refund of any tax and interest, if any before the expiry
of two years
In case where input tax rate is higher than output tax rate; so tax has
accumulated.
In case where unutilized input tax pertains to export activity (except those
exports which are liable for export duty).
33. An order for refund shall be issued within ninety days from the date of receipt
of application.
34. Officer can refund 80% of application and 20% can hold for safeguard till
verification of documents furnished.
35. below accounts should be maintain
Manufacture of goods, of inward or outward supply of goods and/or services, of
stock of goods, of input tax credit availed, of output tax payable and paid
36. Return Filing Dates :

Jobwork

38.Principle can send taxable goods for jobwork by without payment of tax and
get back processed material without payment of tax. Principle should supply
this material within india with tax and export it by tax or without tax.
39.Principle can supply this material from jobworker's location (In this case
principle should declare this place of business of the job-worker as his
additional place of business except in a case(i) where the job worker is registered under section 19; or
(ii) where the principal is engaged in the supply of such goods as may be
notified in this behalf.) In this case tax liablity on principle only.
Electronic Commerce
40.All the business which happens on internet.
41.electronic commerce operator :The person who provide platform for electronic
business.
42.Electronic commerce operator should cut TDS from the payment to supplier of
Goods or supplier (which comes under TDS)
a. This payment should submit to government before 10th of every
month.
b. supplier shall claim credit of the same in his electronic cash ledger
43.The term aggregator is defined in a more restrictive manner to cover only
transactions of supply of service.
44.Aggregator is defined to mean a person who owns and manages an
electronic platform and enables a potential customer to connect with the
persons providing service of a particular kind under the brand name or trade
name of the aggregator himself.
ASSESSMENT
45.A registered taxable person shall undertake self assessment of the taxes
payable and furnish a return for each tax period as specified in Section 27
which deals with returns. The usual tax period for this purpose is a calendar
month.
46.Where taxable person is unable to determine (i) the value of goods and/or
services or (ii) the rate of tax applicable, he may request the proper officer for
payment of tax on a provisional basis, who shall pass an order in permitting
so. Provisional assessment shall be subject to fulfilment of prescribed
conditions.
47.In case of short payment remaining tax and intrest should be pay to gov.
48.In case of excess payment, refund with intrest will be get from gov.
49.The proper officer may scrutinize the return and shall inform the taxable
person of the discrepancies noticed, if any, and seek his explanation.
50.No further action shall be taken in case of a satisfactory response. However,
in case of unsatisfactory response, the proper officer may undertake audit,
special audit, inspection, search and seizure. The proper officer may
subsequently determine the tax, interest and penalty due from the taxable
person.

51.The proper officer may after allowing prescribed time to furnish the return,
assess the tax liability to the best of his judgment and issue an assessment
order.
52.In case a valid return has been furnished within thirty days of passing of the
order, the proper officer may withdraw the said assessment order.
53.Best judgment assessment may be undertaken in respect of taxable persons
who fail to obtain registration.
54.The proper officer may, in case of sufficient grounds to believe that delay in
assessment will adversely affect the interest of revenue, may proceed to
assess the tax liability
Audit
55.The Commissioner of CGST/ SGST or any officer authorized by him, at the
place of business of the taxable person, may undertake audit of the business
transactions. (minimum 15 working day's prior notice will be given by
authority)
56.The audit shall be completed within a period of 3 months or under certain
conditions, extend the period upto 6 month.
57.On conclusion of audit, the proper officer shall notify its findings to the
taxable person.
58.Where the audit results in detection of tax not paid or tax short paid or tax
erroneously refunded or input tax credit erroneously availed, the proper
officer may initiate suitable action for recovery.
59.If at any stage of scrutiny, enquiry, investigation; proper authority take
decision of audit with the prior approval of the [Commissioner] ; taxable
person get his records including books of account examined and audited by a
chartered accountant or a cost accountant as may be nominated by
the[Commissioner] in this behalf.
60.Within ninty days, audit report duly signed and certified by auditor to the said
[Deputy/Assistant Commissioner] mentioning theire inputs
61.(i)taxable person, or, (ii) persons engaged in business of transporting goods
or owner or operator of warehouse or godown or any other place, in certain
circumstances