CBIC’s Updated FAQs on GST (English Edition: Dec. 2018)

CBIC’s Updated FAQs on GST (English Edition: Dec. 2018)

CBIC has released Updated Compilation of Frequently Asked questions (FAQs) on GST (English Edition: Dec. 2018), which is helpful in disseminating knowledge and awareness on GST law, i.e. CGST, IGST, UTGST, SGST, etc. among Tax officials, Businessman, Academicians and General Public.

This compilation is broadly divided into 25 segments/ chapters (covering more than 1000 FAQs) to cover various topics/ subject, like Registration, Valuation, Input Tax Credit, Assessment, Audit, Refund, Demand and Recovery, Appeals, Advance Ruling, Offence & Penalties, Anti-profiteering Provisions etc.

It may be noted that this edition is updated as on 15 Dec. 2018 and the changes announced in GST Council meeting held on 22nd December, 2018 are yet to be incorporated/updated.

Topic-wise/ Chapter-wise FAQs on GST by CBEC as on 1 July 2017
1. Overview of Goods and Services Tax (GST)
2. Levy of and Exemption from Tax
3. Registration
4. Meaning and Scope of Supply
5. Time of Supply
6. Valuation in GST
7. GST Payment of Tax
8. Electronic Commerce
9. Job Work
10. Input Tax Credit
11. Concept of Input Service Distributor in GST
12. Returns Process and matching of Input Tax Credit
13. Assessment and Audit (Invoices, Credit/ Debit Notes, Accounts/ Records, E-way Bills)
14. Refunds
15. Demands and Recovery
16. Appeals, Review and Revision in GST
17. Advance Ruling
18. Inspection, Search, Seizure and Arrest
19. Offences, Penalties, Prosecution and Compounding
20. Overview of the IGST Act
21. Exports and Imports
22. Place of Supply of Goods and Service
23. GSTN and Frontend Business Process on GST Portal
24. Transitional Provisions
25. Anti-profiteering Provisions

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