Western India Regional Council of
The Institute of Chartered Accountants Of India

Law Update Details

 
February 2019 CA. C. B. Thakar
 

The Maharashtra Goods and Services Tax Act,2017

Circulars

The Commissioner of Goods and Services Tax, Maharashtra State, has issued Circulars indicated below:

a) 38T of 2018 dated 31/12/2018 in which refund related issues are clarified.
b) 39T of 2018 dated 31/12/2018 by which scope of Principal / agent relationship in the context of Schedule I of the MGST Act is clarified.
c) 40T of 2018 dated 31/12/2018 by which processing of applications for cancellation of registration submitted in Form GST-REG-16 is clarified.
d) 41T of 2018 dated 31/12/2018 by which clarifications to issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service Distributor is clarified.
e) 42T of 2018 dated 31/12/2018 by which procedure in respect of return of time expired drugs or medicines is given.
f) 43T of 2018 dated 31/12/2018 by which the scope of principal and agent relationship under Schedule I of MGST Act, 2017 in the context of delcredre agent is clarified.
g) 44T of 2018 dated 31/12/2018 by which clarification on certain issues like (sale by government departments to unregistered person, leviability of penalty under section 73(11) of the MGST Act, rate of tax in case of debit notes/ credit notes issued under Section 142(2) of the MGST Act, applicability of notification no.50/2018-state tax, valuation methodology in case of TCS under Income Tax Act definition of owner of goods) related to GST is clarified.
h) 45T of 2018 dated 31/12/2018 by which denial of composition option by tax authorities and effective date therefore is clarified.
i) 46T of 2018 dated 31/12/2018 by which clarification on export of services under GST is given.
j) 47T of 2018 dated 31/12/2018 by which clarification on various issues related to refund is given.
k) 48T of 2018 dated 31/12/2018 by which clarification regarding GST rates and classification of goods is given.
l) 49T of 2018 dated 31/12/2018 by which clarification regarding GST tax rate for Sprinkler and Drip Irrigation System including laterals is given.
m) 1T of 2019 dated 1/1/2019 by which applicability of GST on various programs conducted by Indian Institute of Managements (IIMs) is given.
n) 2T of 2019 dated 1/1/2019 by which applicability of GST on Asian Development Bank (ADB) and International Finance Corporation (IFC) is clarified.
o) 3T of 2019 dated 1/1/2019 by which clarification on issue of classification of service of printing of pictures covered under service code 998386 is given.
p) 4T of 2019 dated 1/1/2019 by which clarification on GST rate applicable on supply of food and beverages services by educational institution is given.
q) 5T of 2019 dated 1/1/2019 by which clarification relating to GST on Services of Business Facilitators (BF) or a Business Correspondent (BC) to Banking Company is given.
r) 6T of 2019 dated 14/1/2019 by which exemption from late fees u/s. 6(3) of Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 is clarified.

 

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