GstTak

Registration Under GST:- This article is written by considering the latest provisions and rules made thereunder relating to registration under GST. This article also covered all the notifications related to registration till date. Hence article provides clear understanding related to registration in present scenario. Following are the relevant Notifications related to registration under GST. Notifications:- (a) Notification No. 32/2017 CT, Dt. 15.09.2017:- Seeks to granting exemption to a casual taxable person making taxable supplies of handicraft goods from the requirement to obtain registration. (b) Notification No. 38/2017 CT, Dt. 13.10.2017:- Seeks to amend notification no. 32/2017-CT dated 15.09.2017 so as to add certain items to the list of “handicrafts goods”. (c) Notification No. 65/2017 CT, Dt. 15.11.2017:- Seeks to exempt suppliers of services through an e-commerce platform from obtaining compulsory registration. (d) Notification No. 58/2018 CT, Dt. 26.10.201

This article is written by considering the latest provisions and rules made thereunder relating to Job work under GST. This article also covered all the notifications & circular related to Job work till date. Hence article provides clear understanding related to Job work in present scenario. Following are the relevant Notifications & Circular related to Job Work under GST. (A) Notifications:- (a) Notification No. 10/2017 CT, Dt. 28.06.2017:- Amend GST Rules (Already considered latest rules related to Job Work in this article) (b) Notification No. 53/2017 CT, Dt. 28.10.2017:- Extend the Due date of Form GST ITC-04 for the period of July 17 - Sep 17 to 30th Nov 2017. (c) Notification No. 14/2018 CT, Dt. 23.03.2018:- Amend GST Rules (Already considered latest rules related to Job Work in this article) (d) Notification No. 40/2018 CT, Dt. 04.09.2018:- Extend the Due date of Form GST ITC-04 for the period of July 17 - June 18 to 30th Sep 2018. (e) Notification No. 59/2

In this article we discuss about following Sections along with the rules. 1) Section 16 (Read with rule 36 & rule 37) 2) Section 17 (Read with rule 38 & rule 42 & rule 43) 3) Section 18 (Read with rule 40 & rule 41 & rule 44) 4) Section 19 (Read with rule 45) 5) Rule 41A Kindly note that in this article the word ITC means ITC in relation to goods or service or both. (if the ITC on capital goods is not available then it has been separately mentioned) Before understanding the Provisions & rules related to ITC under GST, We need to know the following Definitions, DEFINITION:- Goods:- As per the Section 2(52) “goods” means every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply. Capital Goods:- As per the Section 2(19) “capital goods” means goods, the value of which