Author: Website Admin

Section 16 Eligibility and conditions for taking input tax credit. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified...

Section 15 Value of taxable supply (1) The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or...

Section 14 Change in rate of tax in respect of supply of goods or services Notwithstanding anything contained in section 12 or section 13, the time of supply, where there...

Section 13 Time of supply of services (1) The liability to pay tax on services shall arise at the time of supply, as determined in accordance with the provisions of...

Section 12 Time of supply of goods (1) The liability to pay tax on goods shall arise at the time of supply, as determined in accordance with the provisions of...

Section 11 Power to grant exemption from tax (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on the recommendations...

Section 10 Composition levy (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,...

Section 9 Levy and collection (1) 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...

Section 8 Tax liability on composite and mixed supplies The tax liability on a composite or a mixed supply shall be determined in the following manner, namely:- (a) a composite...

Section 7 Scope of Supply (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,...