In this article, we will discuss how to determine place of supply of specified SERVICES with reference to Section 13 of IGST Act where location of one the service provider or services receiver is located out of India and another is located…
In this article, we will discuss how to determine place of supply of services where “Location of Service Provider” and “Location of Service Receiver” both are within India. Law reference: Section 12 (IGST) Place of Supply of SERVICES…
As we know, GST is going to make a historic change in the indirect taxation system in India w.e.f. 1 July 2017. It will impact almost all the sectors in the country whether with small affects or with…
Concept of Composite Supply: Concept of Composite Supply brought in law to easily identify and decide tax structure of supplies. There might be separate HSN Code, separate tax rate for goods/services included in a grouped supply. However, if…
Situation of Transaction Place of Supply will be Case (a) Movement of Goods happened because of directly transacted by buyer and seller e.g. Seller is Sham of Mumbai and Buyer is RAM of Delhi Location where goods actually…
Section 2(18) of CGST Act 2017 defines the term Business Vertical. As per this section, Business Vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods…
Schedule-I of CGST Act 2017 provides a list of activities which would be considered as supply even if made without consideration. Entry no. 2 of such list provides that “Supply of goods or services or both between related…
Below given text is replica of Sub-Section (4) of Section 9 of CGST Act: “The central tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a…
Every supplier shall be liable to be registered under GST in the State from where he makes a taxable supply of goods and/or services, if: his aggregate turnover in a financial year exceeds 20 Lakh rupees, (if supplier…
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