+91-8512-022-044 help@finodha.in

GST > Central Goods and Services Tax Act, 2017

The Latest

ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES

by | 14 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

3. (a) the functions performed by the Members of Parliament, Members of State Legislature, Members of Panchayats, Members of Municipalities and Members of other local authorities;

Read More

ACTIVITIES OR TRANSACTIONS] TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(c) any transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed, is a supply of goods.

Read More

SCHEDULE I. ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(2) Supply of goods or services or both between related persons or between distinct persons as specified in section 25, when made in the course or furtherance of business:

Read More

Section 174. Repeal and saving.

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(2) The repeal of the said Acts and the amendment of the Finance Act, 1994 (hereafter referred to as “such amendment” or “amended Act” , as the case may be) to the extent mentioned in the sub-section (1) or section 173 shall not-

Read More

Section 173. Amendment of Act 32 of 1994.

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Save as otherwise provided in this Act, Chapter V of the Finance Act, 1994 shall be omitted.

Read More

Section 172. Removal of difficulties.

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Provided that no such order shall be made after the expiry of a period of 1[five years] from the date of commencement of this Act.

Read More

Section 171. Antiprofiteering measure.

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(1) Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices.

Read More

Section 170. Rounding off of tax, etc.-

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

The amount of tax, interest, penalty, fine or any other sum payable, and the amount of refund or any other sum due, under the provisions of this Act shall be rounded off to the nearest rupee

Read More

Section 169. Service of notice in certain circumstances.-

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(1) Any decision, order, summons, notice or other communication under this Act or the rules made thereunder shall be served by any one of the following methods, namely:-

Read More

Section 168A. Power of Government to extend time limit in special circumstances.-

by | 13 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(1) Notwithstanding anything contained in this Act, the Government may, on the recommendations of the Council, by notification, extend the time limit specified in, or prescribed or notified under, this Act in respect of actions which cannot be completed or complied with due to force majeure.

Read More

Read anything...

Section 1. Short title, extent and commencement.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: Commencement, Extension to Jammu and Kashmir. GST Section 1. Short title, extent and commencement.- GST Section 1. Short title, extent and commencement.- (1) This Act may be called the Central Goods and Services Tax Act, 2017. (2) It extends to...

Read More

Section 2 of the CGST Act, 2017.

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Explore Section 2 of the CGST Act, 2017: Definitions and its implications for taxpayers. Get informed and stay compliant with the latest updates.

Read More

Section 3. Officers under this Act.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: Officers, Commissioners, Principal Directors. GST Section 3. Officers under this Act.- GST Section 3. Officers under this Act.- The Government shall, by notification, appoint the following classes of officers for the purposes of this Act,...

Read More

Section 4. Appointment of Officers.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: Section 3, Appointment of Officers. GST Section 4. Appointment of Officers.- GST Section 4. Appointment of Officers.- (1) The Board may, in addition to the officers as may be notified by the Government under section 3, appoint such...

Read More

Section 5. Powers of officers under GST.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: Board may impose, Section 5, Officers. GST Section 5. Powers of officers under GST.- GST Section 5. Powers of officers under GST.- (1) Subject to such conditions and limitations as the Board may impose, an officer of central tax may exercise...

Read More

Section 6. Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: SGST, UTGST, Authorisation. GST Section 6. Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances.- GST Section 6. Authorisation of officers of State tax or Union territory tax as proper officer...

Read More

Section 7. Scope of supply.-

by | 24 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(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;

Read More

Section 8. Tax liability on composite and mixed supplies.-

by | 25 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

The tax liability on a composite or a mixed supply shall be determined in the following manner, namely:-

Read More

Section 9. Levy and collection. –

by | 25 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Subject to the provisions of sub-section (2), there shall be levied a tax called the central goods and services tax on all intra-State supplies of goods or services or both, except on the supply of alcoholic liquor for human consumption,

Read More

Section 10. Composition levy.-

by | 25 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(c) half percent of the turnover in State or turnover in Union territory in case of other suppliers, subject to such conditions and restrictions as may be prescribed:

Read More

Section 24. Compulsory registration in certain cases.-

by | 26 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Notwithstanding anything contained in sub-section (1) of section 22, the following categories of persons shall be required to be registered under this Act,-

Read More

Section 43A. Procedure for furnishing return and availing input tax credit. –

by | 29 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: Section 39, Section 41, Section 42, Section 43. GST Section 43A. Procedure for furnishing return and availing input tax credit. - Enforced w.e.f. 22nd June, 2017. 1. Omitted (w.e.f. 1st October, 2022 vide Notification No. 18/2022...

Read More

Section 31 of the CGST Act, 2017.

by | 27 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Explore Section 31 of the CGST Act, 2017: Tax invoice and its implications for taxpayers. Get informed and stay compliant with the latest updates.

Read More

Section 49. Payment of tax, interest, penalty and other amounts.-

by | 29 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Important Keyword: GST, CGST, SGSY, IGST, UTGST, Section 41, Section 54, Section 73, Section 74. GST Section 49. Payment of tax, interest, penalty and other amounts.- GST Section 49. Payment of tax, interest, penalty and other amounts.- (1) Every deposit made towards...

Read More

Section 84. Continuation and validation of certain recovery proceedings.-

by | 3 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Where any notice of demand in respect of any tax, penalty, interest or any other amount payable under this Act, (hereafter in this section referred to as “Government dues”),

Read More

Section 60. Provisional assessment.-

by | 31 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Provided that the period specified in this sub-section may, on sufficient cause being shown and for reasons to be recorded in writing, be extended by the Joint Commissioner or Additional Commissioner

Read More

Section 124. Fine for failure to furnish statistics.-

by | 7 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(a) without reasonable cause fails to furnish such information or return as may be required under that section, or

Read More

Section 23. Persons not liable for registration.-

by | 26 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(a) any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act;

Read More

Section 29. Cancellation 1[or suspension] of registration.-

by | 27 August 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

(a) the business has been discontinued, transferred fully for any reason including death of the proprietor, amalgamated with other legal entity, demerged or otherwise disposed of; or

Read More

Section 131. Confiscation or penalty not to interfere with other punishments. –

by | 8 September 2024 | GST, Acts, Central Goods and Services Tax Act, 2017 | 0 Comments

Without prejudice to the provisions contained in the Code of Criminal Procedure, 1973, (2 of 1974.) no confiscation made or penalty imposed

Read More