ICAI’s Draft ‘CA Certificates under GST Law (SGST/ CGST Acts)’

ICAI’s Draft ‘CA Certificates under GST Law (SGST/ CGST Acts)’

The ICAI has issued a set of various draft ‘CA Certificates under GST Law (SGST/ CGST Acts)‘, with a list of checkpoints to be reviewed by Chartered Accountants before issuing the respective certificates, as listed here-under:

i) Certificate under the State Goods and Services Tax Act, 2017 (in short “SGST Act”) and the Central Goods and Services Tax Act, 2017 (in short “CGST Act”) in terms of

a) Section 18(1)(a);

b) Section 18(1)(b);

c) Section 18(1)(c);

d) Section 18(1)(d);

e) Section 18(3);

f) Section 54; and

g) Section 29(5);

h) Section 18(4)- Registered person who opts to pay tax under section 10;

i) Section 18(4)- Become Wholly Exempt;

of the said Acts.

ii) Certificate under Notification dated 5th October, 2017 issued by Department of Industrial Policy and Promotion read with circular number 1060/9/2017-CX dated 27th November, 2017 issued by Central Board of Excise and Customs (Eligible unit has not received any inputs from another business premises)

iii) Certificate under Notification dated 5th October, 2017 issued by Department of Industrial Policy and Promotion read with circular number 1060/9/2017-CX dated 27th November, 2017 issued by Central Board of Excise and Customs (Eligible unit received any inputs from another business premises)

Draft ‘CA Certificates under GST Law’: ICAI Announcement dt. 9 May 2018

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