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GST updates |
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Date: |
20 February 2019 |
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Issues: |
Failure to mention place of supply in the tax invoice
in case of interstate supply may attract penalty.
Failure to mention details of interstate supply
made to unregistered person in
form GSTR-3B & GSTR-1 may attract penalty.
Input tax credit of central tax in one State is not available to the
applicant who is registered in other State.
Customs duty leviable @200% on all goods imported from Pakistan. |
Failure to mention place of supply in the tax invoice in
case of interstate supply may attract penalty.
Circular no. 90/09/2019-GST, dated
18 February 2019, clarifies that a registered person engaged in interstate
supplies of taxable goods / services should specify the place of supply along
with the name of State in the tax invoice. Failure to mention may attract
penalty under Section 122 (INR 10,000) or Section 125 (up to INR 25,000) of the
CGST Act, 2017.
Failure to mention details of interstate supply made to
unregistered person in Form GSTR-3B and Form GSTR-1 may attract penalty.
Circular no. 89/08/2019-GST, dated
18 February 2019, clarifies that registered persons making interstate supplies
to unregistered person should report the details of such supplies along with
place of supply in Form GSTR-3B and Form GSTR-1. Failure to mention such details
may attract penalty under Section 125 (up to INR 25,000) of the CGST Act-2017.
Input tax credit of central tax in one State is not
available to the applicant who is registered in another State.
Authority for Advance Ruling,
Rajasthan, has ruled that CGST and SGST charged for services provided and
availed in a State should be eligible for input credit within that State where
such services were consumed. If supplier of services and place of supply both
are outside the State, input credit of CGST paid in such other State should not
be available as input credit.
Import duty on all goods exported
from Pakistan.
Notification no. 5/2019-Customs,
dated 16 February 2019, states that import of all goods originating in or
exported from Pakistan shall now attract Basic Customs duty @200%.
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