Analysis of GST on Real Estate Sector: GST on real estate very interesting and also confusing topic so let us discuss today in very simplified manner. Meaning of Real Estate- Real Estate means Property in form of land in isolation or Land and Building taken together. Real Estate Project means the development of a building […]
Section 11- IGST Act- 2017- Place of supply of goods imported into, or exported from India The place of supply of goods, –– (a) imported into India shall be the location of the importer; (b) exported from India shall be the location outside India. Analysis- Place of supply of goods where the goods are imported […]
Section 10 /IGST ACT 2017/Place of Supply of Goods other than supply of goods imported into or exported from India. Section 10- Place of supply of goods, other than supply of goods imported into, or exported from India. (1) The place of supply of goods, other than supply of goods imported into, or exported from India, […]
Simplified GST Series – Section 7- IGST Act, 2017 – Inter State Supply (1) Subject to the provisions of section 10, supply of goods, where the location of the supplier and the place of supply are in–– (a) two different States; (b) two different Union territories; or (c) a State and a Union territory, shall be treated […]
Simplified GST Series – Important Definations –IGST ACT 2017 Hello readers, I have completed articles on CGST ACT 2017 … Now starting IGST ACT 2017 today – Today I will discuss some important definations that we all should be familiar with — Section 2 (5)- Export of goods with its grammatical variations and cognate expressions, […]
Article analyses Section 168- Power to issue instructions or directions, Section 169- Service of notice in certain circumstances, Section 170- Rounding off of tax, etc., Section 171- Anti-profiteering measure, Section 172- Removal of difficulties, Section 173- Amendment of Act 32 of 1994 and Section 174- Repeal and Saving.
Simplified GST SERIES – Section 159-167/CGST ACT 2017 Article Analyses Provisions of Section 159 – Publication of information in respect of persons in certain cases, Section 160 – Assessment proceedings, etc. not to be invalid on certain grounds, Section 161 – Rectification of errors apparent on the face of record, Section 162 – Bar on […]
Simplified GST Series –Miscellaneous –Section 151-158/CGST ACT 2017 Article analyses Section 151- Power to Collect Statistics, Section 152-Bar on disclosure of information, Section 153- Taking assistance from an expert, Section 154- Power to take samples, Section 155- Burden of Proof, Section 156- Persons deemed to be public servants, Section 157-Protection of action taken under this […]
Simplified GST Series -Section 147 –Deemed Exports/Section 150-Obligation to furnish information return Section 147-The Government may, on the recommendations of the Council, notify certain supplies of goods as deemed exports, where goods supplied do not leave India, and payment for such supplies is received either in Indian rupees or in convertible foreign exchange, if such […]
Simplified GST Series –Miscellaneous- Section 143/CGST ACT 2017 Section 143-Job Work Procedure ♣ This section provides for a special procedure to exempt supplies from payment of GST by a principal to a job worker and return from a job worker to a principal subject to certain conditions and procedures. ♣ The definition of job work […]
