Central Board of Indirect Taxes & Customs New Delhi

FREQUENTLY ASKED QUESTIONS 
(FAQs)
ON
GOODS AND SERVICES TAX (GST)
3rd Edition: 15th December, 2018

(Note: Changes announced in GST Council meeting held on 22nd December, 2018 are being incorporated and the updated edition will be uploaded shortly)

FOREWORD

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, 2016 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.

The second edition of these FAQs was released on 31.03.2017. A number of significant developments have taken place since the last edition. Accordingly, the third edition of GST FAQs, updated as on 15th December, 2018 is being brought out. It contains 25 chapters and more than 1000 questions. More than 450 questions have been added as compared to the last edition. I am sure that these FAQs will be of great help in dissemination of information and in spreading awareness on GST among the tax officials, Trade and public. I congratulate DG NACIN and her team and I am sure that more such publications will be brought out for the benefit of all stake holders.

(S. Ramesh)
Chairman CBIC

Contents
1. Overview of Goods and Services Tax (GST)
2. Levy of and Exemption from Tax

2.1 Composition Levy

3. Registration

3.1 Amendment of Registration

3.2 Cancellation of Registration

4. Meaning and Scope of Supply
5. Time of Supply
6. Valuation in GST
7. GST Payment of Tax

7.1 TDS Scheme

8. Electronic Commerce and Tax Collected at Source
9. Job Work
10. Input Tax Credit
11. Concept of Input Service Distributor in GST
12. Returns Process
13. Assessment and Audit

13.1 Invoice, Credit and Debit Note

13.2 Accounts and Records under GST

13.3 E Way Bill

14. Refunds

14.1 Refunds by UINs

15. Demands and Recovery
16. Appeals/Revision
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

21.1 Exports

21.2 Export of Services

21.3 Duty Drawback Scheme

21.4 Special Economic Zone(SEZ)

21.5 Export Oriented Units

21.6 Imports

22. Place of Supply of Goods and Service

22.1 Place of Supply of Goods

22.2 Place of Supply of Services (Location of supplier as well as recipient are in India)

22.3 Place of Supply of Services (Location of supplier or recipient is outside India)

23. GSTN and Frontend Business Process on GST Portal
24. Transitional Provisions
25. Anti-profiteering provisions

This third Edition of FAQs on GST has been compiled by NACIN GST Team comprising of Shri Deepak Mata, Assistant Director, NACIN, Mumbai, Shri Sanjeev Nair, Examiner(VRS), Shri Deepak Gupta, Superintendent, Aurangabad, and Shri MPS Sengar, Assistant Director(Retd) under the supervision of Shri Samir Bajaj, ADG, NACIN, Mumbai.

The earlier edition has been reviewed by the GST Policy Wing. The additional questions in this edition have been reviewed by:

GST Policy Wing (Chapters 2.1, 3, 4, 6, 7, 12, 13, 13.1, 13.2, 14, 15, 16, 18 and 22);

Customs Wing, CBIC (Chapter 21.1, 21.2, 21.3 and 21.5- Exports and Imports);

DG, Export Promotion (Chapters 21.4 and 21.5- SEZ and EOU);

DG, Anti-Profiteering (Chapter 25 -Anti-Profiteering Provisions); and

GSTN (Chapter 24- GSTN and Front end business process on GST Portal).

Disclaimer:

The FAQs are based on the CGST/SGST/UTGST/IGST Act(s) and the respective rules. This FAQ is for training and academic purposes only.

The information in this booklet is intended only to provide a general overview and is not intended to be treated as legal advice or opinion. For greater details, you are requested to refer to the respective CGST/SGST/UTGST/IGST Acts.

The FAQs refer to CGST and SGST Acts as CGST/SGST as CGST Act and SGST Act are identical in most of the provisions. A few provisions may be specific to state and may not be in CGST Act.

Comments and Suggestions on FAQ may please be sent to [email protected]

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