CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 27 Rule 29 ⟶ Rule 28 – Value of supply of goods or services or both between distinct or related persons, other than through an agent (1) The…
Job Work Q 1. What is job work? Ans. Job work means undertaking any treatment or process by a person on goods belonging to another registered taxable person. The person who is treating or processing the goods belonging to other…
Current status of E-Way Bill E-way bill is an electronic document generated on the GST portal evidencing movement of goods. It has two Components-Part A comprising of details of GSTIN of recipient, place of delivery (PIN Code), invoice or challan…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 47 Rule 49 ⟶ Rule 48 – Manner of issuing invoice This rule was made and amended vide the following notifications • Central Tax Notification No. 68/2019 (dated…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 131 Rule 133 ⟶ Rule 132 – Power to summon persons to give evidence and produce documents This rule was made and amended vide the following notifications •…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 146 Rule 148 ⟶ Rule 147 – Recovery by sale of movable or immovable property (1) The proper officer shall prepare a list of movable and immovable property…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 86A Rule 87 ⟶ “Rule 86B – Restrictions on use of amount available in electronic credit ledger Notwithstanding anything contained in these rules, the registered person shall not…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 45 Rule 46A ⟶ CHAPTER VI TAX INVOICE, CREDIT AND DEBIT NOTES Rule 46 – Tax invoice This rule was made and amended vide the following notifications •…
CGST Rules – Central Goods and Services Tax Rules, 2017 ⟵ Rule 26 Rule 28 ⟶ CHAPTER IV DETERMINATION OF VALUE OF SUPPLY Rule 27 – Value of supply of goods or services where the consideration is not wholly in…
Meaning and Scope of Supply Q 1. What is the taxable event under GST? Ans. The taxable event under GST shall be the supply of goods or services or both made for consideration in the course or furtherance of business.…