Latest FAQ on GST Dec 2018 – 3rd Edition

Central Board of Indirect Taxes & Custom has issued frequently asked questions (FAQs) on Goods and Service Tax (GST) 3rd edition on 15th December 2018. The changes announced in GST Council meeting held on 22nd December 2018 are being incorporated and the updated edition will be uploaded shortly.

The compilation of Frequently Asked Questions (FAQs) on GST brought out by the National Academy of Customs, Indirect Taxes & Narcotics (NACIN), the apex training institution under the Central Board of Indirect Taxes and Customs (CBIC), has been extremely well received. The first edition of GST FAQs was released on 21st September, ʹͲͳ6 by the Hon’ble Finance Minister.
The first edition, released well before the roll-out of GST on 1st July 2017, served to provide a ready reference to tax officials, tax payers as well as laymen. In order to serve a wider audience, GST FAQs have been translated in several languages and updated from time to time.

1. Overview of Goods and Services Tax (GST)
2. Levy of and Exemption from Tax
3. Registration
4. Meaning and Scope of Supply
5. Time of Supply
6. Valuation in GST
7. GST Payment of Tax
8. Electronic Commerce
9. Job Work
10. Input Tax Credit
11. Concept of Input Service Distributor in GST
12. Returns Process and matching of Input Tax Credit
13. Assessment and Audit (Invoices, Credit/ Debit Notes, Accounts/ Records, E-way Bills)
14. Refunds
15. Demands and Recovery
16. Appeals, Review and Revision in GST
17. Advance Ruling
18. Inspection, Search, Seizure and Arrest
19. Offences, Penalties, Prosecution and Compounding
20. Overview of the IGST Act
21. Exports and Imports
22. Place of Supply of Goods and Service
23. GSTN and Frontend Business Process on GST Portal
24. Transitional Provisions
25. Anti-profiteering Provisions
Categories FAQ, GST