FAQs on GST: EximGuru.com

CENTRAL BOARD OF EXCISE & CUSTOMS
NEW DELHI

FREQUENTLY ASKED QUESTIONS
(FAQs)
ON
GOODS AND SERVICES TAX (GST)

2nd Edition. 31st March, 2017

FOREWORD

The compilation of frequently asked questions on GST brought out by the apex training institute under the Central Board of Excise & Customs (CBEC) the National Academy of Customs, Excise & Narcotics (NACEN), has been extremely well received. These GST FAQs were released on 21st September, 2016 by the Hon’ble Finance Minister and were based on the Model GST Law as on June, 2016. The GST FAQs were translated in many regional languages to ensure dissemination across the country.

A number of significant developments have taken place since the first edition was released. As of now the draft laws of CGST, SGST, IGST, UTGST and Compensation cess along with a host of rules have been approved by GST Council. The Central bills have been introduced in the Parliament; legislation relating to States will be passed by the respective state assemblies. As promised at the time of bringing the first edition, a second edition of the FAQs has been prepared by NACEN based on the aforesaid bills introduced in the Parliament. I congratulate DG, NACEN and his team for the efforts made and am sure that these will go a long way in disseminating knowledge and awareness on GST amongst the Tax officials, Trade and Public.

Najib Shah
Chairman, CBEC

1. FAQs on GST - Overview of Goods and Services Tax(GST)


2. FAQs on GST - Levy of and Exemption fromTax


3. FAQs on GST - Registration in GST


4. FAQs on GST - Meaning and Scope of Supply


5. FAQs on GST - Time of Supply


6. FAQs on GST - Valuation in GST


7. FAQs on GST - Payment of Tax


8. FAQs on GST - Electronic Commerce


9. FAQs on GST - Job Work


10. FAQs on GST - Input Tax Credit


11. FAQs on GST - Concept of Input Service Distributor in GST


12. FAQs on GST - Returns Process and matching of Input Tax Credit


13. FAQs on GST - Assessment and Audit


14. FAQs on GST - Refunds


15. FAQs on GST - Demands and Recovery


16. FAQs on GST - Appeals, Review and Revision in GST


17. FAQs on GST - Advance Ruling


18. FAQs on GST - Settlement Commission [Omitted]


19. FAQs on GST - Inspection, Search, Seizure and Arrest


20. FAQs on GST - Offences, Penalties, Prosecution and Compounding


21. FAQs on GST - Overview of the IGST Act


22. FAQs on GST - Place of Supply ofGoodsand Service


23. FAQs on GST - GSTN and Frontend Business Process on GST Portal


24. FAQs on GST - Transitional Provisions