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Section 166 of revised model GST law specifies that on the date of appointment, every person registered under the earlier laws with valid PAN would get provisional registration. For this purpose, the earlier laws include the following the laws:  

• Central Excise  
• Service Tax  
• State Sales Tax or VAT (except exclusive liquor dealers if registered under VAT)  
• Entry Tax  
• Luxury Tax  
• Entertainment Tax (except levied by the local bodies)  

After issue of...

The GST article series was started with the basic concepts, now on definition. Next would be the transitional provisions (specified and left out) and ending up with some miscellaneous parts of GST not covered in the series.  

Introduction     

Under present customs law, import of goods means bringing into India from place outside India. Import starts when goods cross the customs barrier in a foreign country and ends when they cross customs barrier in the importing country,...

Under model GST law, tax is levied on the supply of goods and/or services. Tax, namely CGST/SGST is payable at the time of supply of goods and/or services.   

In respect of certain categories of supplies which are provided on recurring or repetitive basis under contract, time of supply is determined based on provisions set out in this regard in GST law. In this context paper writer has examined what is continuous supply of goods and services under model GST law.     

What is...

Proper procurement planning and vendor management is going to be key during GST regime especially during transition phase and upto sometimes post migration. There after there may be need to have continuous relook at professionalism of vendor base and the need to reconsider alternative source of procurement so that the overall cost of procurement is optimized.  

Few important aspects in procurement planning and vendor management could be as follows:    

1. Procurement from...