Jammu and Kashmir · 2017 · Act 5

THE JAMMU AND KASHMIR GOODS AND SERVICES TAX ACT, 2017

In force45 sections

1.Short title and commencement.

(1)This Act may be called the Jammu and Kashmir Goods and Services Tax Act, 2017. ²(2) It shall come into force on such date as the Government may, by notification in the *[Government Gazette], appoint] : Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. ³[1A. Provisions to come into force with effect from dates to be notified by Government of Union territory of Jammu and Kashmir.–– Save as otherwise provided, such provisions of this Act as amended by the Jammu and Kashmir Reorganisation (Adaptation of State Laws) Third Order, 2020 shall be deemed to have come into force with effect from such dates as may be notified by the Government of Union territory of Jammu and Kashmir].

Footnotes (3)

* Now “Official Gazette”.
2.Enforced vide SRO 281 dated 8th July, 2017 with effect from 8th July, 2017.
3.Section 1A inserted by S.O. 3466 (E) dated 05.10.2020.

1A.Provisions to come into force with effect from the dates to be notified by Government of Union territory of Jammu and Kashmir.

3 1A. Provisions to come into force with effect from dates to be notified by Government of Union territory of Jammu and Kashmir.–– Save as otherwise provided, such provisions of this Act as amended by the Jammu and Kashmir Reorganisation (Adaptation of State Laws) Third Order, 2020 shall be deemed to have come into force with effect from such dates as may be notified by the Government of Union territory of Jammu and Kashmir.

2.Definitions.

3.Officers under this Act.

4.Appointment of officers.

5.Powers of officers

6.Authorization of officers of central tax as proper officer in certain circumstances.

7.Scope of supply.

8.Tax liability on composite and mixed supplies.

9.Levy and Collection.

10.Composition Levy.

11.Power to grant exemption from tax.

12.Time of supply of goods.

13.Time of supply of services.

14.Change in rate of tax in respect of supply of goods or services.

15.Value of taxable supply.

16.Eligibility and conditions for taking input tax credit.

17.Apportionment of credit and blocked credits.

18.Availability of credit in special circumstances.

19.Taking input tax credit in respect of inputs and capital goods sent for job work.

20.Manner of distribution of credit by Input Service Distributor.

21.Manner of recovery of credit distributed in excess.

22.Persons liable for registration

23.Persons not liable for registration.

24.Compulsory registration in certain cases.

25.Procedure for registration.

26.Deemed registration.

27.Special provisions relating to casual taxable person and non-resident taxable person.

28.Amendment of registration.

29.Cancellation or suspension of registration.

30.Revocation of cancellation of registration.

31.Tax invoice.

31A.Facility of digital payment to recipient.

32.Prohibition on unauthorized collection of tax.

33.Amount of tax to be indicated in tax invoice and other documents.

34.Credit and debit notes.

35.Accounts and other records.

36.Period of retention of accounts.

37.Furnishing details of outward supplies.

38.Furnishing details of inward supplies.

39.Furnishing of returns.

40.First Return.

41.Claim of input tax credit and provisional acceptance thereof.

42.Matching, reversal and reclaim of input tax credit.

43.Matching, reversal and reclaim of reduction in output tax liability.