Central Goods and Services Tax Act, 2017

Bare Act · 2017

In the syllabus of: AIBE · CLAT PG

Act number: 12 of 2017
Enacted: 12 April 2017
Contents: 190 sections · 21 chapters

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Contents

Chapter I — Preliminary

Chapter II — Administration

Chapter III — Levy And Collection Of Tax

Section 7 – Scope of supply (preview)
Section 8 – Tax liability on composite and mixed supplies (preview)
Section 9 – Levy and collection (preview)
Section 10 – Composition levy (preview)
Section 11 – Power to grant exemption from tax (preview)
Section 11A – Power not to recover Goods and Services Tax not levied or short-levied as a result of general practice (preview)

Chapter IV — Time And Value Of Supply

Section 12 – Time of supply of goods (preview)
Section 13 – Time of supply of services (preview)
Section 14 – Change in rate of tax in respect of supply of goods or services (preview)
Section 15 – Value of taxable supply (preview)

Chapter V — Input Tax Credit

Chapter VI — Registration

Section 22 – Persons liable for registration (preview)
Section 23 – Persons not liable for registration (preview)
Section 24 – Compulsory registration in certain cases (preview)
Section 25 – Procedure for registration (preview)
Section 26 – Deemed registration (preview)
Section 27 – Special provisions relating to casual taxable person and non-resident taxable person (preview)
Section 28 – Amendment of registration (preview)
Section 29 – Cancellation or suspension of registration (preview)
Section 30 – Revocation of cancellation of registration (preview)

Chapter VII — Tax Invoice, Credit And Debit Notes

Section 31 – Tax invoice (preview)
Section 31A – Facility of digital payment to recipient (preview)
Section 32 – Prohibition of unauthorised collection of tax (preview)
Section 33 – Amount of tax to be indicated in tax invoice and other documents (preview)
Section 34 – Credit and debit notes (preview)

Chapter VIII — Accounts And Records

Section 35 – Accounts and other records (preview)
Section 36 – Period of retention of accounts (preview)

Chapter IX — Returns

Section 37 – Furnishing details of outward supplies (preview)
Section 38 – Communication of details of inward supplies and input tax credit (preview)
Section 39 – Furnishing of returns (preview)
Section 40 – First return (preview)
Section 41 – Availment of input tax credit (preview)
Section 42 – Omitted (preview)
Section 43 – Omitted (preview)
Section 43A – Omitted (preview)
Section 44 – Annual return (preview)
Section 45 – Final return (preview)
Section 46 – Notice to return defaulters (preview)
Section 47 – Levy of late fee (preview)
Section 48 – Goods and services tax practitioners (preview)

Chapter X — Payment Of Tax

Section 49 – Payment of tax, interest, penalty and other amounts (preview)
Section 49A – Utilisation of input tax credit subject to certain conditions (preview)
Section 49B – Order of utilisation of input tax credit (preview)
Section 50 – Interest on delayed payment of tax (preview)
Section 51 – Tax deductions at source (preview)
Section 52 – Collection of tax at stores (preview)
Section 53 – Transfer of input tax credit (preview)
Section 53A – Transfer of certain amounts (preview)

Chapter XI — Refunds

Section 54 – Refund of tax (preview)
Section 55 – Refund in certain cases (preview)
Section 56 – Interest on delayed refunds (preview)
Section 57 – Consumer Welfare Fund (preview)
Section 58 – Utilisation of Fund (preview)

Chapter XII — Assessment

Section 59 – Self-assessment (preview)
Section 60 – Provisional assessment (preview)
Section 61 – Scrutiny of returns (preview)
Section 62 – Assessment of non-filers of returns (preview)
Section 63 – Assessment of unregistered persons (preview)
Section 64 – Summary assessment in certain special cases (preview)

Chapter XIII — Audit

Section 65 – Audit by tax authorities (preview)
Section 66 – Special audit (preview)

Chapter XIV — Inspection, Search, Seizure And Arrest

Section 67 – Power of inspection, search and seizure (preview)
Section 68 – Inspection of goods in movement (preview)
Section 69 – Power to arrest (preview)
Section 70 – Power to summon persons to give evidence and produce documents (preview)
Section 71 – Access to business premises (preview)
Section 72 – Officers to assist proper officers (preview)

Chapter XV — Demands And Recovery

Chapter XVI — Liability To Pay In Certain Cases

Section 85 – Liability in case of transfer of business (preview)
Section 86 – Liability of agent and principal (preview)
Section 87 – Liability in case of amalgamation or merger of companies (preview)
Section 88 – Liability in case of company in liquidation (preview)
Section 89 – Liability of directors of private company (preview)
Section 90 – Liability of partners of firm to pay tax (preview)
Section 91 – Liability of guardians, trustees, etc (preview)
Section 92 – Liability of Court of Wards, etc (preview)
Section 93 – Special provisions regarding liability to pay tax, interest or penalty in certain cases (preview)
Section 94 – Liability in other cases (preview)

Chapter XVII — Advance Ruling

Section 95 – Definitions (preview)
Section 96 – Authority for advance ruling (preview)
Section 97 – Application for advance ruling (preview)
Section 98 – Procedure on receipt of application (preview)
Section 99 – Appellate Authority for Advance Ruling (preview)
Section 100 – Appeal to Appellate Authority (preview)
Section 101 – Orders of Appellate Authority (preview)
Section 101A – Constitution of National Appellate Authority for Advance Ruling (preview)
Section 101B – Appeal to National Appellate Authority (preview)
Section 101C – Order of National Appellate Authority (preview)
Section 102 – Rectification of advance ruling (preview)
Section 103 – Applicability of advance ruling (preview)
Section 104 – Advance ruling to be void in certain circumstances (preview)
Section 105 – Powers of Authority, Appellate Authority and National Appellate Authority (preview)
Section 106 – Procedure of Authority, Appellate Authority and National Appellate Authority (preview)

Chapter XVIII — Appeals And Revision

Section 107 – Appeals to Appellate Authority (preview)
Section 108 – Powers of Revisional Authority (preview)
Section 109 – Constitution of Appellate Tribunal and Benches thereof (preview)
Section 110 – President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc (preview)
Section 111 – Procedure before Appellate Tribunal (preview)
Section 112 – Appeals to Appellate Tribunal (preview)
Section 113 – Orders of Appellate Tribunal (preview)
Section 114 – Financial and administrative powers of President (preview)
Section 115 – Interest on refund of amount paid for admission of appeal (preview)
Section 116 – Appearance by authorised representative (preview)
Section 117 – Appeal to High Court (preview)
Section 118 – Appeal to Supreme Court (preview)
Section 119 – Sums due to be paid notwithstanding appeal, etc (preview)
Section 120 – Appeal not to be filed in certain cases (preview)
Section 121 – Non-appealable decisions and orders (preview)

Chapter XIX — Offences And Penalitis

Chapter XX — Transitional Provisions

Section 139 – Migration of existing taxpayers (preview)
Section 140 – Transitional arrangements for input tax credit (preview)
Section 141 – Transitional provisions relating to job work (preview)
Section 142 – Miscellaneous transitional provisions (preview)

Chapter XXI — Miscellaneous

Section 143 – Job work procedure (preview)
Section 144 – Presumption as to documents in certain cases (preview)
Section 145 – Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence (preview)
Section 146 – Common Portal (preview)
Section 147 – Deemed exports (preview)
Section 148 – Special procedure for certain processes (preview)
Section 148A – Track and trace mechanism for certain goods (preview)
Section 149 – Goods and services tax compliance rating (preview)
Section 150 – Obligation to furnish information return (preview)
Section 151 – Power to call for information (preview)
Section 152 – Bar on disclosure of information (preview)
Section 153 – Taking assistance from an expert (preview)
Section 154 – Power to take samples (preview)
Section 155 – Burden of proof (preview)
Section 156 – Persons deemed to be public servants (preview)
Section 157 – Protection of action take under this Act (preview)
Section 158 – Disclosure of information by a public servant (preview)
Section 158A – Consent based sharing of information furnished by taxable person (preview)
Section 159 – Publication of information in respect of persons in certain cases (preview)
Section 160 – Assessment proceedings, etc., not to be invalid on certain grounds (preview)
Section 161 – Rectification of errors apparent on the face of record (preview)
Section 162 – Bar on jurisdiction of civil courts (preview)
Section 163 – Levy of fee (preview)
Section 164 – Power of Government to make rules (preview)
Section 165 – Power to make regulations (preview)
Section 166 – Laying of rules, regulations and notifications (preview)
Section 167 – Delegation of powers (preview)
Section 168 – Power to issue instructions or directions (preview)
Section 168A – Power of Government to extend time limit in special circumstances (preview)
Section 169 – Service of notice in certain circumstances (preview)
Section 170 – Rounding off of tax, etc (preview)
Section 171 – Anti-profiteering measure (preview)
Section 172 – Removal of difficulties (preview)
Section 173 – Amendment of Act 32 of 1994 (preview)
Section 174 – Repeal and saving (preview)