Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.

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..... 2017-2018/2731 email: [email protected] Dated: 01 st November, 2018 CIRCULAR (No. 34/2018-19-GST) Subject: Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor. Representations have been received seeking clarification on certain is .....

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..... ility. 2. It is accordingly clarified that the amount of advance tax which a casual taxable person is required to deposit while obtaining registration should be calculated after considering the due eligible ITC which might be available to such taxable person. 2. As per section 27 of the Goa Goods and Services Tax Act, 2017 (hereinafter .....

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..... r shall be treated as the proper document as a proof for his place of business. 3. In such cases he would not be required to pay advance tax for the purpose of registration. 4. He can surrender such registration once the exhibition is over. 3. Representations have been received regarding the manner of recovery of excess cr .....

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..... y be initiated against the said unit(s) under the provisions of section 73 or 74 of the Goa GST Act as the case may be. FORM GST DRC-07 can be used by the tax authorities in such cases. 4. It is further clarified that the ISD would also be liable to a general penalty under the provisions contained in section 122(1)(ix) of the Goa GST Act. 2. Difficulty if any, .....

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