GST Levy & Collection

1. UNIT3
Levyandcollection
Registration
Tax invoice

2. Out look of the topics
Levy and collection of CGST & SGST
Composition levy
Input Tax Credit
Eligibility & Condition
Registration – compulsory – procedure –
amendment – cancellation
Tax invoice
Credit & Debit notes
Receipt /Refund & Payment Voucher

3. Provisions relating to levy &
collection of CGST
1. Levy & collection of CGST- Sec 9(1) –
all intra- state & inter-state supplies of
Goods or Services or both except on supply
of alcohdic liquor for human consumption
2. CGST on petroleum products – Sec
9(2) – petroleum crude/high speed diesel/
natural gas/fuel

4. 3. CGST reverse charge – Sec 9(3) – charges by
recipient – Sec 2(98) – liability to pay tax
4. Tax to be charged on goods & services – Sec
9(4)
5. E-commerce operator to pay tax- Sec 9(5)
Details Levy
1. Supply of goods/services or both from one
state to another – inter state supply
2. Supply of goods/services or both within
state – intra state supply
3. Supply within a Union Territory

5. Composition Levy – CGST 2017
1. Optional Scheme – eligible taxable persons
2. Eligible taxable persons Sec 10(1) - Registered
3. Applicable for all goods- payment of taxes
4. Rates of composite tax – CGST+SGST= TOTAL
5. Aggregate turnover Sec10(3)
6. Tax not to be collected from recipient – invoice

6. GST RATE SLAB
1. Exempted GST (no tax) – 7%
2. 5% of GST – 14%
3. 12% GST – 17%
4. 18% GST – 43%
5. 28% GST – 19%

7. Aggregate turnover Sec 2(6)
1. All taxable supplies – pay tax in rate
2. Exempt supplies – zero rate tax
3. Exports of goods & services or both
4. Inter sate supplies
“ such supplier would not be there in case of
composition scheme” [working system]
Ex -Goods – ice cream[tax] petrol/ tobacco
Supply – food & beverages

8. Input tax credit [ITC]
Input tax in relation to a registered person
means central tax /state tax/ integrated tax
charged on any supply of goods/services or both
made to him
• Take Input tax credit from IGST,CGST &
SGST paid on purchases
To pay
IGST
• Take Input tax credit from CGST & IGST
paid on purchases
To pay
CGST
• Take Input tax credit from SGST & IGST
paid on purchases
To pay
SGST

9. Components constituting ITC
Capital goods – goods procured & capitalised in
book of account
Input goods – goods other than capital goods
procured by a supplier
Input services – services procured by a supplier
“ these three should be procured in the course of
business”

10. Eligible & Ineligible ITC
Eligible ITC
1. ITC must be on
goods/services for
business use
2. ITC must be
goods/services meant
for zero-rate supply
3. ITC should exclude
blocked credit
4. Procedural conditions
for claiming ITC must be
met
Ineligible ITC
1. 1. ITC on goods/services
used for exempt supplies
2. ITC on goods/services
meant non-business use
3. Blocked ITC
4. Procedural conditions
for claiming ITC not met

11. Procedural conditions for claiming ITC
1. Persons taking ITC must possess tax invoice or
other prescribed [agreed] document
2. Goods/ services which ITC is taken should have
been received
3. The taxes on goods/services on which ITC is to be
taken should have been paid
4. ITC should be claimed within given timeline – up
to 30th September of the next financial year from
the date of purchase invoice
5. ITC on capita goods can be taken if depreciation is
not claimed on tax cost of capital goods
6. Value of goods/services should have been paid
with taxes to the supplier within 180day of invoice

12. Job work- undertaking any process by a person on goods
belonging to another registered person and the expression
Principal Job Worker
1.Goods sent for job work
2. Delivery Goods
1. Goods returned back
2. Delivery Goods
3. Invoice for job work
Charges

13. GST Registration Number
33 ALOPJ8688G 2 Z H – GST No
State
code
PAN
No
No. of
Entities
on a
Single
PAN No
Default
Digit
Check
Digit

14. Procedure for GST Registration
Steps Activity Form Due Date
1 Application for registration
by the person* applying for
registration
GST REG
01*
within 30days from
the date being liable
to get registration
2 Acknowledgement of
registration application
GST REG
02
At the time of
submission of
application –online
3 If application found OK the
proper officer may grant
the registration
If the application found
deficient [incomplete] or
any clarification issue
notice
GST REG
06
[R/C]
GST REG
03
Within 3 working
days from the date
of submission of
application

15. Steps Activity Form Due Date
4 Reply to the above notice by
the applicant giving
clarification
GST REG
04
Within 7 working
days from the
receipt of notice
If reply is not appropriate an order
of rejection of application by the
officer
GST REG
05
Within 3 working
days from the
receipt of reply
5 If reply found appropriate
the officer approves the
application & grants the
registration
GST REG
06
Within 7 working
days from the
receipt of reply

16. * Case of different types of Registration
Steps Activity Form
1 Application for registration by Tax Deductor
at Source or Tax Collector at Source
GST REG 07
2 Application of registration by Non-Resident
Taxable Person
GST REG 09
3 Application of registration by person
supplying services from a place outside
India to an unregistered person in India
GST REG 11
4 Application of extension [additional] of
registration by Casual/Non-resident taxable
person
GST REG 12
5 Application for granting Unique Identity
Number
GST REG 13

17. Amendment for GST Registration
Steps Activity Form Due Date
1 Application for amendment
in registration by the
person applying for
amendment
GST REG
14
Within 15 days of
the change in the
particulars
If application found OK the proper
officer may grant the amendment
in registration
GST REG
15
2 If the application found
deficient [incomplete] or
any clarification issue
notice
GST REG
03
Within 3 working
days from the date
of submission of
application
3 Reply to the above notice by
the applicant giving
clarification
GST REG
04
Within 7 working
days from the
receipt of notice

18. Steps Activity Form Due Date
4 If reply found appropriate
the officer approves the
application & passes an
order of amendment in the
registration
GST REG
15
Within 15 working
days from the
application
OR
Within 7 working
days from the
receipt of reply

19. Cancellation of Registration
Situations for cancellation of
registration
Revocation of cancellation
registration
[ Discontinued – transferred –
amalgamated]
1.Voluntary registration on
application by registrant
2. Cancellation by officer or on
application in case of
discontinuance of business
3. Cancellation by officer in case
of default [ failure to pay ]
1. Application within 30 days
of cancellation
2. Officer may accept or reject
for proper reason

20. Types of documents under GST Law
Tax Invoice Sec 31 – issued in case of supply of
taxable goods/services – issued in case of receipt
of taxable supply under reverse charge [ where
GST registration is granted at a date & it is
effective from earlier date]
Bill of Supply Sec 31 – issued where supply is
exempt from tax
Debit Note Sec 34 (1) & 2(38) – issued where
value or tax on supply to be supplemented
[additional] – [enhanced value]
Credit Note Sec 34 (1) & 2(37)– issued where
value or tax on supply to be reduced [ reduction
value]

21. Receipt Voucher Sec 31(3)(d) – a document
to be issued on receipt of advance payment
Refund VoucherSec 31(3)(e)– a document to
e issued when earlier received money is returned
by a registered supplier
Payment Voucher Sec 31(3)(g) – a
document to be issued by recipient of supply
under reverse charge while making payment for
supply

22. Contents of Tax Invoice & Bill of
Supply
TAX INVOICE Rule 46 BILL OF SUPPLY Rule 49
Name, address & GSTIN of the
supplier of goods/services
Name, address & GSTIN of the
supplier
A consecutive serial No. on the invoice A consecutive serial No. on the bill of
supply
Date of issue of invoice Date of issue of bill of supply
If the recipient is registered under
GST -GSTIN /UID
If the recipient is registered under
GST -GSTIN /UID
HSN Code for classification of
goods/services
HSN Code for classification of
goods/services
Description of goods/services Description of goods/services
Quantity of goods Not Required

23. TAX INVOICE Rule 46 BILL OF SUPPLY Rule 49
Total value of supply of goods/services Not Required
Taxable value of supply of
goods/services [considering discounts
& abatements, etc]
value of supply of goods/services
[considering discounts &
abatements, etc]
Rate of Tax [CGST,SGST.IGST,UTGST] Not Required
Amount of tax charged [GST] Not Required
Place of supply Not Required
Delivery address where is different
from the place of supply
Not Required
If tax is payable under reverse charge,
mention that on invoice
Not Required
Signature/digital signature of the
supplier/representative
Signature/digital signature of the
supplier/representative

24. Contents of Credit Note & Debit Note
CREDIT NOTE/DEBIT NOTE
Name, address & GSTIN of the supplier of goods/services
Nature of document – Credit note / Debit note
A consecutive serial No. on the Credit note / Debit note
Date of issue of the document Credit note / Debit note
If the recipient is registered under GST-GSTIN /UID
Serial No & date of the corresponding tax invoice or bill of supply
value of taxable supply and Rate of Tax [CGST,SGST.IGST,UTGST
The amount of tax credited / debited to the recipient
Signature/digital signature of the supplier/ authorised representative

25. Contents of Receipt Voucher
Receipt VOUCHER
Name, address & GSTIN of the supplier of goods/services
A consecutive serial No. on the Receipt Voucher
Date of issue of the document Receipt Voucher
If the recipient is registered under GST- GSTIN /UID
Description of goods/services
Amount of Advance taken
Rate of Tax [CGST,SGST.IGST,UTGST – at the time receipt of advance
The amount of tax charged for taxable good/services GST
* Inter state supply [ place of supply - state code] - at the time receipt of
advance
If Tax is payable under Reverse Charge - Receipt Voucher
Signature/digital signature of the supplier/ authorised representative

26. Contents of Refund Voucher
Refund VOUCHER
Name, address & GSTIN of the supplier of goods/services
A consecutive serial No. on the Refund Voucher
Date of issue of the document Refund Voucher
If the recipient is registered under GST- GSTIN /UID
Description of goods/services in respect of which refund is made
Number & date of receipt voucher for which refund is being made
Amount of refund made
Rate of Tax [CGST,SGST.IGST,UTGST
The amount of tax charged for taxable good/services GST
If Tax is payable under Reverse Charge - Refund Voucher
Signature/digital signature of the supplier/ authorised representative

27. Contents of Payment Voucher
Payment VOUCHER
Name, address & GSTIN of the supplier of goods/services
A consecutive serial No. on the Payment Voucher
Date of issue of the document Payment Voucher
If the recipient is registered under GST- GSTIN /UID
Description of goods/services
Amount Paid
Rate of Tax [CGST,SGST.IGST,UTGST
The amount of tax charged for taxable good/services GST
* Inter state supply [ place of supply - state code] - at the time receipt of
advance
Signature/digital signature of the supplier/ authorised representative

28. ANY
QUESTIONS?

29. THANKING YOU !!!
Dr. N. PRAKASH