COMPOSITE SUPPLY AND MIXED SUPPLY UNDER GST

COMPOSITE SUPPLY AND MIXED SUPPLY UNDER GST The expression “supply” includes–– all forms of supply of goods or services or both. Such as Sale, Transfer, Barter, Exchange, Licence, Rental, Lease Disposal Import of services for a consideration whether or not in the course or furtherance of business; The classification of an item determines what rate… Read More COMPOSITE SUPPLY AND MIXED SUPPLY UNDER GST

ADMINISTRATION UNDER CGST ACT

ADMINISTRATION UNDER CGST ACT  Officers under CGST Act  The Government vide Notification No.2/2017 – Central Tax dated 19.06.2017 has appointed the following classes of officers for the Administration purposes under CGST Act,2017: –– (a) Principal Chief Commissioners of Central Tax or Principal Directors General of Central Tax, (b) Chief Commissioners of Central Tax or Directors… Read More ADMINISTRATION UNDER CGST ACT

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017-EFFECTIVE DATE

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017-EFFECTIVE DATE (An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.) The Central Goods and Services Tax Act (CGST) Act, 2017 came in to… Read More THE CENTRAL GOODS AND SERVICES TAX ACT, 2017-EFFECTIVE DATE