1. Goods and Services Tax under Model GST Law By CA Nitin Pathak

2. Service Tax Excise + VAT Excise + CST VAT or CST Present Scenario
Provision of Service
Service Tax
Mfg + Local Sales
Excise + VAT
Mfg. + Inter-state Sale
Excise + CST
Pure Trading
VAT or CST
CA Nitin Pathak

3. In GST Only concept is : Supply
Service
Manufacturing
Sales
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4. Taxes CGST SGST IGST UTGST Central Goods and Services Tax
State Goods and Services Tax
IGST
Integrated Goods and Services Tax
UTGST
Union Territory Goods and Services Tax
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5. Mr. A of Gujarat Makes supply
in Gujarat
CGST
SGST
outside Gujarat
IGST (equal to CGST)
IGST (equal to SGST)
outside India
Exports are ‘zero rated’
No GST
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6. GST ACTS CGST Act IGST Act UTGST Act SGST Act (for Each State)
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7. List of GST Rules Valuation Rules Transition Rules ITC Rules
Composition Rules
Invoice Rules
Payment Rules
Refund Rules
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8. List of Rules Registration Rules Return Rules Accounts and Records
Advance Ruling
Appeals and Revision
Assessment and Audit
E-Way Bill
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9. Taxes subsumed by GST Central Taxes Subsumed under GST
Central Excise Duty,
Additional Excise Duties,
Excise Duty levied under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955,
Service Tax,
Additional Customs Duty (Countervailing Duty),
Special Additional Duty of Customs (SAD), and
Central Surcharges and Cesses so far as they relate to the supply of goods and services;
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10. Taxes subsumed by GST State Taxes Subsumed under GST
State Value Added Tax/Sales Tax,
Entertainment Tax (other than the tax levied by the local bodies),
Central Sales Tax
Octroi and Entry tax,
Purchase Tax,
Luxury tax,
Taxes on lottery, betting and gambling; and
State Cesses and surcharges in so far as they relate to supply of goods and services
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11. Taxes not subsumed by GST
Basic custom duty
Export duties
Stamp duties
Taxes on professions, trade, callings and employment
Excise duty on petroleum products (Union)
Tax on sale of petroleum products levied by the States (State)
Tax on alcoholic liquor for human consumption levied by the States (State)
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12. Taxes not subsumed by GST
Tax on entertainment and amusement at Panchayat, Municipal or District level will continue (levied and collected by Panchayat / Municipality / District Council)
Road & Passenger tax
Toll tax
Property tax
Electricity duty
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13. Registration
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14. Registration – Threshold Limit
Current Threshold Limit
Service Tax: 10 Lakhs
VAT: 5 Lakhs
Excise: 1.5 Crore
In GST
Normally Rs. 20 Lakhs
Specific states Rs.10 Lakhs
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15. Registration – Threshold Limit
if his aggregate turnover is more than…
Rs. 10 Lakhs (for following states)
Arunachal Pradesh,
Assam,
Jammu and Kashmir,
Manipur,
Meghalaya,
Mizoram,
Nagaland,
Sikkim,
Tripura,
Himachal Pradesh
Uttarakhand
Rs. 20 Lakhs in all other states
In Gujarat the threshold limit will be Rs.20 Lakhs
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16. Persons who are required to Register even when below threshold limit
persons making any inter-State taxable supply;
casual taxable persons;
persons who are required to pay tax under reverse charge;
non-resident taxable persons making taxable supply;
persons who are required to deduct tax under section 51 (Tax Deduction at Source);
persons who supply goods or services or both on behalf of other registered taxable persons whether as an agent;
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17. Persons who are required to Register even when below threshold limit
input service distributor;
every electronic commerce operator;
person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person;
such other person or class of persons as may be notified
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18. Various Aspects
No Centralised Registration – For each state separate Registration
Amendment, cancellation, addition, etc. can be done online
Agriculturist or person exclusively engaged in exempt supplies not required to register
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19. Migration
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20. Compulsory Migration ALL NEEDS TO BE MIGRATED TO GST
Already having VAT Registration
Already having Excise Registration
Already having Service Tax Registration
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21. What if I am starting a new business now…?
First obtain Registration under VAT / Excise / ST as applicable
Obtain Provisional GST ID from VAT / Excise Department
As and when migration window opens, get yourself migrated
Once GST comes into force, get the provisional number converted to GST Registration
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22. Required Documents
1. Documents required for Private Limited Company (Pvt Ltd)/Public Company (limited company)/One person company (OPC):
    - Company documents
PAN card of the company
Registration Certificate of the company
Memorandum of Association (MOA) /Articles of Association (AOA)
Copy of Bank Statement
Declaration to comply with the provisions
Copy of Board resolution
    - Director related documents
PAN and ID proof of directors
    - Registered Office documents
Copy of electricity bill/landline bill,  water Bill
No objection certificate of the owner
Rent agreement (in case premises are rented)
CA Nitin Pathak

23. Required Documents
2. Documents required for Limited Liability Partnerships (LLP):
    - LLP documents
PAN card of the LLP
Registration Certificate of the LLP
LLP Partnership agreement
Copy of Bank Statement of the LLP
Declaration to comply with the provisions
Copy of Board resolution
    - Designated Partner related documents
PAN and ID proof of designated partners
    - Registered Office documents
Copy of electricity bill/landline bill,  water Bill
No objection certificate of the owner
Rent agreement (in case premises are rented)
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24. Required Documents 3. Documents required for Normal Partnerships
    - Partnership documents
PAN card of the Partnership
Partnership Deed
Copy of Bank Statement
Declaration to comply with the provisions
    - Partner related documents
PAN and ID proof of designated partners
    - Registered Office documents
Copy of electricity bill/landline bill,  water Bill
No objection certificate of the owner
Rent agreement (in case premises are rented)
CA Nitin Pathak

25. Required Documents
4. Documents required for Sole proprietorship/Individual
    - Individual documents
PAN card and ID proof of the individual.
Copy of Cancelled cheque or bank statement.
Declaration to comply with the provisions.
    - Registered Office documents
Copy of electricity bill/landline bill,  water Bill
No objection certificate of the owner
Rent agreement (in case premises are rented)
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26. Returns
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27. Returns
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28. Returns
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29. Returns
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30. NEW PROVISIONS Anti Profiteering E-way bill
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31. Anti-profiteering Section 171 Map your profit
Pass on benefit to the recipient
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32. Anti-profiteering
HOW THE TRANSFER OF BENEFIT TO CONSUMER WILL BE MONITORED?
By an Authority constituted or an existing Authority Empowered for examination that a corresponding reduction of price has taken place or not on account of availed input tax credits or the reduced tax rate.
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33. E-way Bill of consignment value over Rs. 50,000 (voluntary)
Movement of goods
of consignment value over Rs. 50,000 (voluntary)
Conveyance
own conveyance or a hired one or through a transporter
When
Before commencing movement
Form
Furnish information in FORM GST INS-01 (Part-A or Part-B)
Unique EBN No.
consolidated e-way bill in FORM GST INS-02 – multiple consignments
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34. E-way Bill Validity Less than 100 km - One day
100 km to 300km - Three days
300 km to 500km - Five days
500 km to 1000km - Ten days
1000 km or more - Fifteen days
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35. THANK YOU
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