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Taxable goods over Rs 5, 000 will need e-way bill to enter UP From Wednesday, all taxable goods coming from outside Uttar Pradesh to the state will need to have electronic way bill (e-way bill) if their value is above Rs 5, 000. This is contrary to the GST provision for uniform e-way bill, which requires goods of more than Rs 50, 000 in value to be pre-registered online before it can be moved. E-way bill can be generated on GSTN (common portal). IFTRT, a think tank on transport issues, has termed this a regressive rule which will bring back inspector raj. It said GST had provisioned for digital uniform e-way bill to check consignments above Rs 50, 000 irrespective of type of goods transported. Tax lawyer R S Sharma said, "From July 1 onwards, entry of taxable goods was allowed in UP without e-way bill. Now from July 26, movement of taxable goods coming from outside UP to the state will be under e-way bill. Further, for movement of specified goods like iron, steel and edible oil from one point to another within the state has to be under e-way bill, if value of goods is above Rs 1 lakh. e-Way Bill/TDF http://comtax.up.nic.in/GSThome/ewaybill.htm
Issues Disclosed: Why 7 States Does Not Want to Pass SGST? As the deadline given by the government to implement the GST is only one month away, there are still 7 states who have not passed State GST bill. Apart from Jammu and Kashmir ruled by the BJP-PDP alliance in these states, states like West Bengal and Tamil Nadu also needs to pass a bill to implement GST in their states. As of now, 24 states and Union Territories have passed the GST Bill while the remaining states are Meghalaya, Punjab, Tamil Nadu, Kerala, Karnataka, Jammu and Kashmir and West Bengal which are still required to pass the State GST (SGST) bill. Going by the ruling, all these states, except for Jammu and Kashmir are non-BJP while the Central Government is fully prepared to implement the Goods and Services Tax, covering 16 different taxes, from July 1. Coming to the soaring conditions of West Bengal, leader Mamata Banerjee, has demanded the central government to avoid deadline for implementing GST law. Speaking on this issue, West Bengal’s Finance Minister Amit Mitra cleared that there are a lot of difficulties in implementing the GST from July 1 as we still do not have the necessary infrastructure to manage the new tax scheme. As of now, GST has been implemented in 200-300 companies of each state as an experiment. But many rules have been changed in May. Coming to the Jammu Kashmir issues, it is being defied by the political leaders which are under pressure from local community to mould the policies accordingly while Meghalaya, Punjab kerala & Karnataka are stuck into the political menace as various issues regarding the feasibility and technological capabilities are still not developed to support the upcoming GST. Now it is up to the Union Finance Minister to decide whether such a major reform should be implemented without any preparation. According to the rules, all the states will have to pass the state GST bill till September 15, 2017, and if in case the state does not pass the bill before the deadline, then the rights of levying taxes will be taken from the particular state.
Road Permits Under UP GST from 16th August This is to inform you that commercial tax department Govt. of Uttar Pradesh has issued a circular/ Letter no 2017-18/1017dt 22/07/2017 in continuation of notification no KA-NI-1014/Xl-9(52)/17 UP GST rules 2017 order (31)-2017 dt 21/07/2017, copy of the circular annexed here to. The circular will be effective from 26/07/2017. E-waybill 01 :- According to circular any goods imported /received from out of India or from other state for incoming entry in to the state of UP. For Rs.5, 000.00 or more shall carry From E-waybill-01 with the goods along with invoice and G.R of the goods. E-waybill-01:- Will be generated from the departmental website by using your previous User ID and Password issued by the department. (just like E-sancharan form 38 in the VAT regime). E-waybill-02:- This will be generated and issued by the supplier/seller who they are dealing in sensitive items like mentha oil , Refind oil & vanaspati oil, supari & Iron & steel for the invoice value above Rs. 1Lakh Will be generated from the departmental website by using your previous User ID and Password issued by the department. (just like Form – 21 in the VAT regime). E- waybill-03:- For the purpose of E- commerce operators. TDF -01:- Will be applicable on the goods transported through the state of UP. From other state to another state, shall be generated before the entry in the UP state and carried by the driver of the vehicle along with invoice & G.R of the goods. TDF-02:- will be generated at the time of exit of the vehicle from state of UP against the goods for which TDF-01 Was generated earlier. Finanza Management Services LLP Kapil Sharma Kapil@fmsllp.in +91-9990032660
GSTN Chairperson Cleared Doubts and Questions Regarding GST Rollout Navin Kumar the chairperson of GST Network assured that the IT platform will be available for the full usage from July 15 and the stabilization will only come after 3 to 4 months after the roll of GST. Some of the questions were raised in front of him which was answered in his own way: What are the insights about the upcoming GST roll out and what are the workings? On this question, he answered that “We are very, very stressed now. We are working 28 hours a day.” Asking about the public need of knowledge and the question that many people must be approaching you for all their registration needs the Chairperson replied that, “Industry generally talks to the government, but, yes, we keep getting tweets and messages. There was some problem when enrolment was on and the tax department cancelled a lot of registered service taxpayers that had got provisional IDs as they were apparently not active. These 50-60 people lined up at our office. We then referred the matter to the tax department and it was resolved.” The confidence also rose over the testing of the software, as the chairperson assured that the software is fairly working while also mentioning that the beta test could not be possible. He said that “It should be a stable system. Problems that surfaced during the first phase of the testing have been resolved. We did the testing on the basis of the rules that came in December. After that, some changes were made to the rules. Those changes we have absorbed now, so there is no time to do beta testing for that. Other than that, we have done all other tests. So, we are fairly confident of the system.” While asking about the July launching the chairperson was reluctant and mentioned some strict policies which must be handled before the launching. He said that “If we had more time, we would have been perhaps better-placed. When we started with Infosys, the GST was not in sight. The Constitution Amendment Bill was still in Parliament and we were in a dilemma. The project was costing Rs 1, 400 crore. Could we make a commitment when the GST is not there? We went to the empowered committee of state finance ministers and apprised them of the situation. Our proposal was to let us develop the software and hold back on the hardware, where all the money goes. They agreed and allowed us to work on the draft processes. The software development started after the draft law was approved. The model law was put in the public domain in May and was revised in November, and the rules were given in December. All the development till then was modified on the basis of the December rules. After the central registration, there have been further revisions, necessitating more changes in the software. Thankfully, those are not very many.” And asking about the final completion he mentioned that, “We have been working on that. For return form GSTR 1, the coding has been done and the testing is also at a very advanced stage. By July 15, GSTR 1 will be ready. GSTR 2 will be ready by the end of July and GSTR 3 will be ready 10 days after that. But you have to see how things have evolved. So, we are just in time. But the good thing is that the GST Council did not defer the roll-out. Starting from July 1, the system will be available in a staggered fashion.” While discussing the API issues and relatively lesser available APIs to the GSPs was creating problems and the chairperson stated that “When we developed the software based on the December rules, we provided APIs to GSPs. But half of them thought of waiting until the legislation was in place as it would have gone through changes. These are people who did not work on the basis of the December APIs. But there are others who did so. Through discussion, we have worked out timelines for GSTR 1, GSTR 2, and GSTR3. We will give them GSTR 1 by June 28 so that they can be ready for the invoice upload facility by July 15. The other two APIs for GSTR 2 and 3 will be given after that.”
GST on textile job works cut; e-way bill provisions finalised HIGHLIGHTS GST Council (20th) meeting Update 1. Total Registration- 86 lacs 2. E way bills given in-principle approval a. Limit of 50000 not changed b. Eway bill not to be issued for exempted goods c. Eway bill not to be issued of goods are travelling within 10 km radius 3. Jobwork of all kinds of textiles will be taxed at 5%. Earlier some types of jobwork were taxed at 18% 4. Rates on tractor parts brought down to 18% 5. Government given work contracts like roads bridges canals will now be taxed at 12% with credits. Earlier this was 18%. 6. Anti profiteering mechanism will get kick started by appointing state wise committees For more information Finanza Management Services LLP Kapil@fmsllp.in
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