Category: Indirect Tax

C 11. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on the recommendations of the Council, by notification, exempt generally, either absolutely or subject to such conditions as may be specified therein, goods or services or both of any specified description from the whole … Continue reading “Section 11 – Power to grant exemption from tax of CGST ACT 2017”

Section 10 – Composition levy of CGST ACT, 2017 (1) Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sections (3) and (4) of section 9, a registered person, whose aggregate turnover in the preceding financial year did not exceed seventy five lakh rupees, may opt to pay, in … Continue reading “Section 10 – Composition levy of CGST ACT, 2017”

Section 8 – Tax liability on composite and mixed supplies of CGST ACT, 2017 The tax liability on a composite or a mixed supply shall be determined in the following manner, namely:— (a) a composite supply comprising two or more supplies, one of which is a principal supply, shall be treated as a supply of … Continue reading “Section 8 – Tax liability on composite and mixed supplies of CGST ACT, 2017”

Section 6 – Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances of CGST ACT, 2017 Section 6 – Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances of CGST ACT, 2017       (1) Without prejudice to the provisions … Continue reading “Section 6 – Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances of CGST ACT, 2017”

5. (1) Subject to such conditions and limitations as the Board may impose, an officer of central tax may exercise the powers and discharge the duties conferred or imposed on him under this Act. (2) An officer of central tax may exercise the powers and discharge the duties conferred or imposed under this Act on … Continue reading “Section 5 – Powers of officers of CGST ACT, 2017”

7. (1) For the purposes of this Act, the expression “supply” includes–– (a) all forms of supply of goods or services or both such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business; (b) import … Continue reading “Section 7 – Scope of supply of CGST ACT, 2017”

(1) This Act may be called the Central Goods and Services Tax Act, 2017. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may … Continue reading “Section 1 – Short title, extent and commencement of CGST ACT, 2017”