Expert Knowledge, Straight from Practitioners.

CGST Rule 36:Documentary requirements and conditions for ITC

CGST Rule 36: Documentary requirements and conditions for claiming input tax credit Documentary requirements and conditions for claiming input tax credit.- (1)The input tax credit shall be availed by a registered person, including the Input Service Distributor, on the basis of any of the following documents,

CGST Rule 38:Claim of credit by a banking company or a financial institution

CGST Rule 38:Claim of credit by a banking company or a financial institution Claim of credit by a banking company or a financial institution.- A banking company or a financial institution, including a non-banking financial company, engaged in the supply of services by way of

Rule 27 of CGST Rules:Value of supply of goods or services where the consideration is not wholly in money

Rule 27 of CGST Rules:Value of supply of goods or services where the consideration is not wholly in money Value of supply of goods or services where the consideration is not wholly in money.- Where the supply of goods or services is for a consideration

CGST Rule 26: Method of authentication

CGST Rule 26: Method of authentication (1) All applications, including reply, if any, to the notices, returns including the details of outward and inward supplies, appeals or any other document required to be submitted under the provisions of these rules shall be so submitted electronically

CGST Rule 23: Revocation of cancellation of registration in GST

CGST Rule 23: Revocation of cancellation of registration CGST Rule 23: Revocation of cancellation of registration.- (1) A registered person, whose registration is cancelled by the proper officer on his own motion, may submit an application for revocation of cancellation of registration, in FORM GST

CGST Rule 24 :Migration of persons registered under the existing law

CGST Rule 24 :Migration of persons registered under the existing law CGST Rule 24 :Migration of persons registered under the existing law.- (1) (a) Every person, other than a person deducting tax at source or an Input Service Distributor, registered under an existing law and

CGST Rule 22. Cancellation of registration in GST

CGST Rule 22. Cancellation of registration in GST (1) Where the proper officer has reasons to believe that the registration of a person is liable to be cancelled under section 29, he shall issue a notice to such person in FORM GST REG-17, requiring him

CGST Rule 30: Value of supply of goods or services or both based on cost

CGST Rule 30: Value of supply of goods or services or both based on cost Where the value of a supply of goods or services or both is not determinable by any of the preceding rules of this Chapter, the value shall be one hundred

CGST Rule 33:Value of supply of services in case of pure agent

CGST Rule 33: Value of supply of services in case of pure agent Notwithstanding anything contained in the provisions of this Chapter, the expenditure or costs incurred by a supplier as a pure agent of the recipient of supply shall be excluded from the value

CGST Rule 43: Manner of determination of ITC

CGST Rule 43: Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases (1) Subject to the provisions of sub-section (3) of section 16, the input tax credit in respect of capital goods, which attract the provisions

CGST Rule 37: Reversal of input tax credit in the case of non-payment of consideration

CGST Rule 37: Reversal of input tax credit in the case of non-payment of consideration (1) A registered person, who has availed of input tax credit on any inward supply of goods or services or both, but fails to pay to the supplier thereof, the

CGST Rule 28:Value of supply between distinct or related persons

CGST Rule 28: Value of supply of goods or services or both between distinct or related persons, other than through an agent Value of supply of goods or services or both between distinct or related persons, other than through an agent.-The value of the supply