VYpes Grtixect taxss
D.Exanciaa uty
2. Stanp duy
. cusms duty 1lnpotduty
4). nterhainmert etanas
5)Seide tanes
6). Secuiky tansachon do
valle alded t a
Sectors undn seice eirduDby
Aspitalhy inautay
b). HcaLh intustny
Ettainmant industry
|6). Finanat ard bankig dradutny
. Conwtaneies.
Byore indpenatone,
Popery, blealk tax eniste d.
’ Lator , prpay tan , land tan lere ihodu..
Dict and rdinct tan
>nidert - Paymer tax
4
GsT
Chaerge tor asT counal
>|HSN - kbrmoniyd System ! Nomuncahue.
T+ chsies
eommodi hes a naming
produets co ding t clany
Cascade efect
-
each produeh i
challerngn9
Var and tar eet eeahng pnesse n pope
gect.
Comes in.
budlon on Paying dobbe laa
> GST moyes thiodoube da andl eraolcates
Conme produets
’ pnate Cansumabe goods
’ Poishake gooda
LemphenA ST ()
APerleum
Fodval syotem allaus
Dineet Dndieer
on he poxn fomkupplia anaa thar
Who pays it. Jallo en disi and
hen on ConsUne.
Diuc and Lrdiact tanes
Cloniprahon
Basieady, anes in Lndia io Cosipied
two,
Dieet taxes taes
The person paying he an The peracn paying tax
bears tt ineiaert e h sae tem he lhira
bo.
taa is shited h anohn
Dheet
|eon.
in nae tha i.
having highu abibiy b |guaely bear te unden
Pay
)Avdwe
Daee tax los impact
).Jaiabla
5) Elasc
) Disibuhve Jashce
|Disadvarvages dnact tades
. Raduce saing
9. Linitod tax bas
Rdantago indiec tanes pisadiartages
). Conueiant ). Lnuquitabilig
2Los produchke
9.NOt eaoyily gvadasle 3). Snylarorany ponhaiy
4). Brood-bapd 4).Disincenbve HRu on
5) SoaaQ Vae
6).Forcad edcaeval
Sauingo
Complaniany
). Poguse
fadnal sluchu,
Mhcla 265 - NO Ihiud Poty co leet tox- Dinct fon
eshcle 246 - for coleeted by ° parby - Sncliucr
labament' -prake law or lole hoia ad
a pa unon teog
VAT 290s
>(ton colleetac on Sale)-(on pad on porcdn
Srpur OUtpUr tase
Input aa Ceais
ReM. Reerse change Nethaniom
fCs Tas Collecked atOWce
7D-Ta Decluoted at once
(Gouenet)
pad by
(Sopplion Rarjachuw)
Supply Vale
vo
Colackos
Ke doesnt pay
ithn tha aloted me o
hpay aST along t h some penahy.
RCN
asvenin
Bpplin) (Hrja chuen
2 00OO.
pply val
E-con operaons lke
aogon , ipkat
ek. and phyeal, pnas. aareelcens by
aovt ho cole etot tex at he hime g
pnehase
maele d pays lt back
Tos
Pry adblnonal jinsane eha than alay
accnt wsu be tagtacd .
halengo asT
). cascade cHeo Tax on Dan)
3). Souena ites heed ro be alldea a a 67
42 Voo mrany pmce dues heauy perathes
9 Reconciaba2 in GST
6). GsT council and ito Atruchne
2 Lack Cominuicahon jachh
9. Arailo bilehy g accanbng sotwau packags
e i e Consuming
in na implemant 1SD -Iria kalues
|Fnst Qompany
S6sT and
LasT -
eGsT
UasT
Sast - also jn cludles
SaST + CGST
LhST =
Boln:
state 1nra iy
Dtate Dnte ).
jpk Gn ate gcosT nd s&ST 10000A
goodo xaceipt supply Valao
each
6.
E120O0 goolo upply reeValue
frample
2
eate CosT and SGST
SGST 6u goods
in supply n
Vale
fxarple
scate:
ADJUS STUA7/ONNS VARIOS ()
Pututau CasT
taxable valuu e goodo
720 720
2. value goodo pplied
or )racei ve d n000
6. asT
The orcers he taxable
120 l20
Pleeronic Gedit todge
|Exanple 22
Parh ulas CosrSes
9.TOaable value ot goodo
1200O 6y. asT 720
T20
2-value e gooda supplied
) aceied l0900 @0.
l000
darable amourt io paid
pplie 280 230
Clechodnic cash ladge
0 Elochnic dealers
in he by
aat byyabe taa Net
boo riElachD
c euailable
r
lo0 gooda n ad
360 spply
payabla Tar 2.
KasT Parbulas
Example3
Soln:
STCô goodo
CasT and
2fOO0 goods Expo 8000 2
rdia wiin goodo Supply
g Sinpt
Qta ST Ca
andd SaST
0, Xcept Vaue
each
Rate cast and
puchase
d) gto hefom
Jtelah on s no Dlequwa in 6sT
s availatlo
Prusons duene the enhne
ane sdd, he ercos
E 2 4O0 each SGst 4 (C, ST Can be
rd CQn be escd Jn Lbsequet pvod or
hansaCh on
Partulas CaST SGST
supply 480
paid en geods El0oo0 boo boo
availäble in Elecrone
9. Net tor payable by cash - NI
by the dealers in Blocnic
Cash tidge is
120
2 12 0
ach o
-Caveo d tonard
dodgcr and uhuyd stebsequnu
Cracton. No GST On
Hade d Aupry.
problem
hao etead h
or a Hachira. Conra
Nacine
Hachin inspechorn g400
Paering charges 26 So
0rarspOt cost tor
deopatch y maruyactnn
Dengn dauying chages 29 00O
ncluae in he price machine
GST ate 122.
Aind ha foable
payabla he Darnyahuer sed capital gooab
maruface he achine lich in clue
asT Beni des 0npt cred
manyaehuing coraisto GsT paid 298DO to sups
Soln:
fai culars
I. rahon value q Hactine:
Bd:i). Gropechon chango
). Packing eapansso 26500
D). Jraroporahan hangeo
Jaxable value 49640o
iv). 12. g asT 59442
S54 48
I. lowable input ta creali
and asT Poy able
). GST payabla on taxaste paly
5944
dwing thu pouod.
- l800O
9.capitas goods
). Lrput CasT paid 236O
(o Supplies - 85D0
35943
asT Payable
-ablo Sesuice pTH
wr.es Fluchcy
Ppine Gas -
Pipire wal
(selbng) suppy twand Out ’
(kuyirg) supply Drwad ’
compOste
ad (obinahon suppy ’NIed
Chaig
cyptrd PhoneAproduct Eq (ors spply omos
ite
Bil-ta-ghip-l6
Nodl.
me
tacs pinpl (Suppy
The Pinupal ’
) tor o ager ar on suppy Deamned S
dptics
on prrcople (Th
Sippty ypesg
asT Paymuns and Rapud
by mistale then witin 2geas hnd cer be
aaimud.
Heason Bne can clain ejund. h caa
Modute 3
Assesment nde hST
Assewrment
he tevm Asesmet mean
tax liabilh ana he procecwre foror Caleching n
MecOwring he same.
Asensmert wnoln he GST Laws
poi'sional ansesent io Caried Gut
lwhen he toaable peon is
wwable to cetmine %.
Vaue
ete f tar appl'cable hub.
> he tanable peson may en Jeglesl he
Proper cer in uihng giing
eons or payrert
Proi'sional basib,Nd
propa ticer hau pao an gdeu,
wihin o days tom he date G teeeip sv
egeot, Qlowing payment 7 tar on
basis at suCh xate proisional
eh value may be
|peefia by hin.
prouisiona avsessert is subjeet to
necuting BOND witH SURETY! as dekvemined y ie
Propa Yta. he Prvpn Bice shou pas her fra
>he jpirt laddihonal Comisiora may on
Sayiciont cause being shown and for. eas on to be
McOrded in ribng, erhend date for inaizng
dhe aNseNmort or he enh pevod nol aLeing
iN mnho and by he commiionn for much
Brhn per'od not ereeecrg ouor
’ he tonable
person twolo ba batle o pay
tan larier pasl is les, and would ligibla
gor efund wim ntrest presoused and
bech'en S6 Cas7 Aet, 2017 , in Case oxces
peymet.
’ Euy xagistned person
Comply with he pronsiens he law
Megulan tahwes, hemss or not any opplies
goods e serces e bom haua been mada
wirg.ch taa pevol emisaged
wold
ertail Jsuane nh e
CosT Act , 204
Prpei
nh ccout au the Helvant mateval
bom the date speciied wder
spacified wrder sechon aG for
year o cwhiA the tOL not paid etates,
Gst Asment
>ELay faginterec peroon is bound
Comply witk Me probsions Be Law by hing
Ewny pron indulga in ppy gccts
a souces boh r u obtain tagishahien ndu
law.
> whee a taaasle
peeson taila b obtan
egiaraien hough te dobabe to do so
has been Cancules w r sechen
2a) CaST Act,
CasT Act 20/7 but who was abl
Pay taa )
hio juogennt for ma xelavart taa pevods a
fe yeas f n ha date pecified wrda sacion
a for fenishing he anual enn for ha
inatci al year o whic the ta not pdio xalolo
beot juagnent asesnernt eudves cutain
amort gues ceert houover he auheihles
e duehy bounel to mma an herost ad tan
he income anol should not lct
anbihanily , e is away ertain
assersert
Summany asT Amesert
>This is pormisible only ding eziepbnnl
Circuntances .
’ummany asesmet is pmisble Grly
prolect inteest of seene ara whe deley
proper iea may en ay aidence
howing tax iabiy 4 a puson coning bho
oha, wim he prious perisson aadhnal/
yolrt donmisoren, þncaed so aess Me tax babiih
her he prson jn
seed toe
Futkunore as per ehon, l60 (61. CasT
avseserct a e-aenent Canot be
nwaidatecton minen grods.
fom me stecords can be sechyiec.
apaun
