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Archive: 18 April 2017

Posts in 18 April 2017

Scope of Supply in GST with illustrations

April 18, 2017 6216 Views 0 comment Print

Section 7 (1) of CGST Act, 2017 – 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;

State GST Bill passed by Telangana

April 18, 2017 8889 Views 1 comment Print

Telangana Legislature on Sunday passed The Telangana State Goods And Services Tax Bill, 2017, a legislation aimed at broadening the tax base and resulting in better tax compliance due to robust IT infrastructure. With approval of draft GST bill on March 31 and and subsequent assent of the same by President, Centre asked states to […]

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