1. PHASE I
3rd GST FAMILIARISATION PROGRAMME
03/05/2017

2. WHAT IS GST ?

3. Taxes subsumed under GST
Central
Excise Duty
Additional Duties of Excise, custom
SAD(Special Additional Duty)
Service Tax
Central surcharge and cesses
CST(Central Sales Tax)
State
VAT
Luxury Tax, Entry Tax
Entry Tax
Entertainment Tax
Tax on advertisements, lotteries, betting and gambling
State surcharges and cesses
Basic Custom Duty will NOT be subsumed under GST

4. FEATURES OF GST Uniform tax across the country Consumption based tax
Dual GST structure
adopted
will frame policies
GST council
Control to be exercised either by center or state

5. Commodities outside GST
Commodities proposed to be kept outside purview of GST
Alcohol for human consumption
Petroleum Crude
Motor Spirit(petrol)
High Speed Diesel(HSD)
Natural Gas
Aviation Turbine Fuel
Electricity

6. Rate structure under GST
Exempt supplies
Nil rated
Zero-rate supplies
Export
Supplies to SEZ
Taxable supplies 5%
12%
18%
28%
SCI

7. IGST rates = CGST + SGST/UTGST
GST- levy structure
TYPE OF GST LEVY
INTRA – STATE
(SAME STATE)
CGST (CENTRAL GST)
SGST /UTGST
(STATE/UT GST)
INTER – STATE
(DIFFERENT STATES)
IGST
(INTEGRATED GST)
IGST rates = CGST + SGST/UTGST

8. Dealer Status Dealer status Unregistered Dealer(Indian/Foreign)
Registered under GST
Unregistered Dealer(Indian/Foreign)
Not registered under GST

9. GST IMPACT – CUSTOMERS
SERVICES PROVIDED BY SCI
GOODS SUPPLIED BY SCI

10. GST REGISTERED CUSTOMER-Determination of place of Supply
Services provided by SCI
To any customer
(General Rule)
Location of customer
(Address)
O&M Services
(On board services)
First schedule point of departure of the vessel
Transportation of Goods
(Foreign customers)
Destination of Goods
Note :
In case of unregistered customer for transportation service, place of supply shall be
the place where the goods are handed over.

11. TYPE OF GST APPLICABLE – GENERAL RULE
SCI-Mumbai provided services to
Registered customer
Inter state
(Location of customer outside Maharashtra)
IGST
(Location of customer in Maharashtra)
Intra state
CGST+ SGST
Foreign customer
(Location of customer is outside India)
General Rule
(Zero rated)
Export
TYPE OF GST APPLICABLE – GENERAL RULE

12. TRANSACTIONS COVERED UNDER GENERAL RULE
Time Charter
Voyage Charter/Freight
Demurrage
Consultancy services

13. TYPE OF GST – TRANPORTATION OF GOODS (FOREIGN CUSTOMERS)
SCI-Mumbai to FOREIGN CUSTOMER
Destination of goods- India
Import Freight
Taxable
Destination of goods- Outside India
Export Freight
(Zero Rated)
Export
Loading and Discharge of goods-Outside India
Cross Trade Freight
Note :
Example includes : Voyage charter and Liner Freight

14. PLACE OF SUPPLY OF GOODS TO ANY CUSTOMER
Where Goods are handed over
By SCI-Mumbai
Supply of Goods
Goods delivered in the state of Maharashtra
CGST+SGST
Goods delivered in the state other than Maharashtra
IGST
Goods delivered outside India
(Zero-Rated)
Export
Vessel Sale, Sale of Container, Scrap sale etc.

15. GST IMPACT - VENDORS
PROCUREMENT OF SERVICES
PROCUREMENT OF GOODS
IMPACT ON INPUT CREDIT

16. PROCUREMENT OF SERVICES - TYPE OF TAX
Services provided to SCI –Mumbai
(POS – Maharashtra)
Vendor registered in the state of Maharashtra
CGST + SGST
Vendor registered in state other than Maharashtra
IGST
Unregistered Indian Vendor
(To be paid under RCM by SCI)
Foreign vendor
IGST (Under RCM, if notified)
Note :
1. Determination of Place of Supply of services: Location of vendor and Location of SCI.
SCI is eligible for GST on services received as place of supply under GST is determined
based on address of service recipient.

17. PROCUREMENT OF GOODS - TYPE OF TAX
Registered vendor
Vendor state & Delivery state is same
(Intra – state)
CGST + SGST
Vendor state & Delivery state is Different
(Inter – state)
IGST
Unregistered (Indian Vendor)
(To be paid under RCM by SCI)
Foreign vendor
Delivery in India
(Basic custom Duty + IGST)
Import
Delivery outside India
No Tax implication
Note : 1.Determination of Place of Supply of Goods:
Location of vendor and place where the goods are handed over.

18. ELIGIBILITY OR NON-ELIGIBILTY OF INPUT TAX CREDIT
Service Tax
Eligible
GST
VAT/CST/Excise
NOT eligible
GST
Eligible
Note :
1. GST on delivery of goods in the state of Maharashtra, West Bengal, Tamil Nadu and Delhi will only be eligible for input credit.

19. GST COMPLIANCE – RECEIVABLES BY SCI

20. Key Fields to any invoice
GST Invoices
Key Fields to any invoice
Name, GSTN and Address of customer and SCI.
HSN(Harmonized System of Nomenclature).
SAC(Service Account Code).
State of supply of goods/ services(Place of Supply)
MASTER DATA REQUIREMENT :
Customer/Vendor master should have GST Registration No. and state.
All material/services code to be assigned HSN/SAC code respectively.

21. Timeline for issuance of Invoice by SCI Advance received from customer
Date of supply of service
Date of issue of Invoice
30 Days
(Max. period)
Advance received from customer
Advance received
Date of issue of invoice
Advance received has to be mapped
with invoice to which it pertains

22. Reversal of invoice in SCI should not be executed post-GST
Debit Note / Credit Note to be issued by SCI
For increase in invoice value, debit note /supplementary invoice is required to be issued which has to be mapped with original invoice against which upward revision in price took place.
For decrease in invoice value, credit note is required to be issued which has to be mapped with original invoice against which downward revision in price took place.
Reversal of invoice in SCI should not be executed post-GST

23. Timeline for issue of Credit Note
F.Y
F.Y
Invoice issued
By SCI in F.Y
(Maximum till
September)
Note:
SCI will not be able to reduce its output tax liability pertaining to delayed credit note.
No timeline for issue of Debit note by SCI to its customer.

24. GST COMPLIANCE – PAYABLES BY SCI

25. Lapse of Input credit due to late booking of Invoice by SCI
F.Y
F.Y
Invoice issued by
Vendor in F.Y
(Maximum till September or
within one year of raising of
invoice whichever is earlier)

26. Input credit to be reversed due to delayed payment by SCI
Date of issue
of invoice by vendor
Date of payment
by SCI
6 Months
(Max. Period)
Note :
If payment is not made to vendor within 6 months, amount of ITC claimed to
be added in outward liability on GST network with interest.
2. Credit can be claimed once payment is made by SCI to vendor.

27. TRANSITIONAL PERIOD INVOICES
Pre - GST
Services provided by vendor & Invoice raised with service tax component on SCI.
Invoice yet to be received as on 1st July 2017.
Post - GST
ALL invoices must be received and booked within 30 Days from GST rollout(from1st July) to claim CENVAT credit.

28. GST - Miscellaneous

29. Registration status of SCI
Migrated
Maharashtra
West Bengal
Delhi
Tamil Nadu
Migration under process
Andaman & Nicobar

30. Sequence of claiming credit of IGST/CGST/SGST
IGST – Output
IGST- Input
CGST- Input
SGST- Input
CGST - Output
SGST - Output
CGST
SGST

31. Do’s Do’s (Receivables) Dont's Dont’s
(Payables)
GST compliant invoice
Type & rate of tax, GST No., vendor name, Place of supply etc. to be proper
Timely booking of invoice
Timely payment to vendor
Transitional Provisions
Do’s (Receivables)
Type & rate of tax, GST No., customer name, Place of supply etc. to be proper.
Timely issue of invoice
Timely issue of credit note
Dont's
(Receivables)
Reversal of invoice
Delay in issue of credit note
Dont’s
Late booking of invoice
Delayed payment to vendor

32. Thank You