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TMI BlogClarification on certain issues (sale by government departments to unregistered person; leviability of penalty under section 73(11) of the Goa GST Act; rate of tax in case of debit notes / credit notes issued under section 142(2) of the Goa GST Act; applicability of notification No. 38/1/2017-Fin(R valuation methodology in case of TCS under Income Tax Act and definition of owner of goods) related to GST.X X X X Extracts X X X X X X X X Extracts X X X X ..... ment departments to unregistered person; leviability of penalty under section 73(11) of the Goa GST Act; rate of tax in case of debit notes / credit notes issued under section 142(2) of the Goa GST Act; applicability of notification No. 38/1/2017-Fin(R&C)(72); valuation methodology in case of TCS under Income Tax Act and definition of owner of goods) related to GST-Reg. Various representations have been received seeking clarification on certain issues under the GST laws. In order to clarify these issues and to ensure uniformity of implementation across field formations, the Commissioner, in exercise of its powers conferred under section 168 (1) of the Goa Goods and Services Tax Act, 2017 (hereinafter referred to as the "Goa GST Act") here ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 38/1/2017-Fin(R&C)(36/2017-Rate) and notification No. 37/2017- Integrated Tax (Rate). 5. In this regard, it is clarified that the respective Government departments (i.e. Central Government, State Government, Union territory or a local authority) shall be liable to get registered and pay GST on intra-State and inter-State supply of used vehicles, seized and confiscated goods, old and used goods, waste and scrap made by them to an unregistered person subject to the provisions of sections 22 and 24 of the Goa GST Act. 2. Whether penalty in accordance with section 73 (11) of the Goa GST Act should be levied in cases where the return in FORM GSTR-3B has been filed after the due date of filing such return? 1. As per the provisions of se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le under GST? 1. It may be noted that as per the provisions of section 142(2) of the Goa GST Act, in case of revision of prices of any goods or services or both on or after the appointed day (i.e., 01.07.2017), a supplementary invoice or debit/credit note may be issued which shall be deemed to have been issued in respect of an outward supply made under the Goa GST Act. 2. It is accordingly clarified that in case of revision of prices, after the appointed date, of any goods or services supplied before the appointed day thereby requiring issuance of any supplementary invoice, debit note or credit note, the rate as per the provisions of the GST Acts (both CGST and Goa GST or IGST) would be applicable. 4. Applicability of the provisions of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsidered as the "owner of the goods" for the purposes of section 129(1) of the Goa GST Act? It is hereby clarified that if the invoice or any other specified document is accompanying the consignment of goods, then either the consignor or the consignee should be deemed to be the owner. If the invoice or any other specified document is not accompanying the consignment of goods, then in such cases, the proper officer should determine who should be declared as the owner of the goods. 2. Difficulty if any, in the implementation of this Circular may be brought to the notice of the undersigned. (Dipak M. Bandekar) Commissioner of State Tax Note: Similar circular is issued under Central Goods and Services Tax Act, 2017 by the GST Policy Wing, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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