TMI BlogDenial of composition option by tax authorities and effective date thereof.X X X X Extracts X X X X X X X X Extracts X X X X ..... alid so long as he satisfies the conditions mentioned in section 10 of the Assam Goods and Service Tax Act, 2017 (hereinafter referred to as, the Assam GST Act ) and the Assam GST Rules. The rule lays down the procedure for withdrawal from the composition scheme by a taxpayer who intends to withdraw from the said scheme and also the procedure for denial of option to the taxpayer to pay tax under the said scheme where he has contravened the provisions of the Assam GST Act or the Assam GST Rules. 2. In this connection, doubts have been raised as to the date from which withdrawal from the composition scheme shall take effect in a case where the composition taxpayer has exercised such option to withdraw. Doubts have also been raised regardi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under section 10 of the Assam GST Act or has contravened the provisions of the Assam GST Act or the Assam GST Rules, he may issue a notice to such person in FORM GST CMP-05 to show cause as to why the option to pay tax under section 10 of the Assam GST Act shall not be denied. Upon receipt of the reply to the show cause notice from the registered person in FORM GST CMP-06 , the proper officer shall, in accordance with the provisions of sub-rule (5) of rule 6 of the Assam GST Rules, issue an order in FORM GST CMP-07 within a period of thirty days of the receipt of such reply, either accepting the reply, or denying the option to pay tax under section 10 of the Assam GST Act from the date of the option or from the date of the event conce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edit on inputs held in stock, inputs contained in semi-finished or finished goods held in stock and on capital goods on the date immediately preceding the date of issue of the order. 6. This Circular is clarificatory in nature and not meant for any interpretation of provisions of the Act and rules. 7. Difficulties, if any, in implementation of the above instructions may be brought to the notice of the Commissioner at an early date. 8. This Circular shall be deemed to have come into force with effect from the 31st December, 2018. Sd/- Anurag Goel, IAS., Commissioner of State tax, Assam, Dispur, Guwahati Memo No. CT/GST-15/2017/282-A Dated Dispur the 30th January, 2019. - Circular - Trade Notice - Public N ..... X X X X Extracts X X X X X X X X Extracts X X X X
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