Section 31 of cgst act

This query is : Resolved

Shashank (Querist)
Follow

02 September 2017 Experts please help me understand the relevant section of CGST Act which is as follows:

Section 31 (3) (a) of Chapter VII:-

(3) Notwithstanding anything contained in sub-sections (1) and (2),-
(a) a registered person may, within one month from the date of issuance of certificate of registration and in such manner as may be prescribed, issue a revised invoice against the invoice already issued during the period beginning with the effective date of registration till the date of issuance of certificate of registration to him;

Please explain with example.

CA Sheonarain

CA Sheonarain (Expert)
Follow

02 September 2017 A person is liable to pay gst from the effective date of registration.
So when a person apply for registration, it takes some time to process and RC will be provided in future.
So regd person will have to revise his invoice issued in between this period of liability to register and getting RC.
because he cannot charge gst without a GSTIN number but he liable.

Actually the same problem is due to limit of registration and charging tax is same.
The same was not under Service Tax coz there were two different limit of 9 lacs and 10 lacs.

Message likes : 2 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

jagadheswar goud

eddanapudi murali

SHIBSANKAR DEY

R Prabhudoss

SANJAY GOSALIA

Subscribe Now

Section 31 of cgst act

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Accountant

GST CONSULTANT

GST CONSULTANCY

Senior Executive

Manager- Finance and Compliance