Special GST Procedure for Merged Union Territories
Scope and Authority:
Amendment under section 148 of the CGST Act, 2017.
Targets businesses in erstwhile Daman and Diu and Dadra and Nagar Haveli, now merged.
Tax Period Clarification:
Defines tax periods for January and February 2020.
Ensures clarity in tax calculations during the transition.
Tax Payment Obligation:
Mandates tax payment regardless of invoice particulars from January 26, 2020, to transition date.
ITC Transfer Option:
Allows ITC transfer from old GSTIN to new GSTIN.
Intimation to jurisdictional tax officer required within one month of new registration.
Transfer Procedure:
Transfer based on electronic credit ledger balance.
Process facilitated through filing of returns under section 39 of the CGST Act.
Union Territory Tax Balance Transfer:
Ensures balance of Union territory taxes in electronic credit ledger transferred accordingly.