Meaning of Clinical Establishment: As per Notification No. 12/2017-CT(Rate) dated 28th June, 2017 Para 2(s) of the CGST Act, 2017, ‘Clinical Establishment’ means a hospital, nursing home, clinic, sanatorium or any other institution by whatever name called that offers services or facilities requiring diagnosis or treatment or care for illness, injury, deformity, abnormality or pregnancy […]
1. Meaning of ‘Education’ under GST Law, 2017: In GST the term ‘Education’ has not been defined, However, the Hon’ble Apex Court decision in ‘Loka Shikshana Trust vs. CTT defines ‘Education’ as a process of training and developing knowledge, skill and character of students by normal schooling. Under GST Act, core education services provided by […]
1. Meaning of Job Work and Job Worker : As per Section 2(68) of the CGST Act, 2017, the meaning of word Job Work, that under taking any treatment or processes by a person on goods belonging to another register person and the expression ‘job worker’ shall be constructed accordingly. 2. Meaning of Goods : […]
Article discuss GST Provisions applicable to Job Work and Manufacturing services. Dear Colleagues before going to subject we have to refer meaning of the following words under GST Scenario. 1. Meaning of Job Work and Job Worker : As per Section 2(68) of the CGST Act,2017, the meaning of word “ Job Work ,that under […]
Meaning of Goods: As per Section 2(52) of the CGST Act,2017, goods means every kind of movable property other than money and securities but including actionable claim growing crops, grass and things attached to or forming part of the land which are agreed to be served before supply or under a contract of supply. Meaning […]
Dear Colleagues before going to subject we have to refer the meaning of the below words under GST Scenario. Meaning of Repairs: The meaning of Repairs has not defined in the GST Law,2017. The TERM Repairs means :- (a) To restore by replacing a part or putting together what is torm r broken, fix a […]
Before discussing the Subject ‘GST on Lease & rental Services With or Without Operators’ it is important to under the meaning of Lease, Rental and License. 1. Meaning of lease under GST Scenario: A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (Owner) for use of an asset. Like […]
Meaning of Specialized Construction Services: Specialized Construction Services means services related to parts of buildings or civil engineering works rather than the complete construction Services under GST Scenario. These following services are classified as ‘Specialized Construction Services’ under GST Scenario. 1. Services involving repair, alterations, additions, replacements, renovation, maintenance or remodeling of the buildings , […]
GST on Transfer of development rights or long term lease by landowner to promoter Dear colleagues, before going to subject we have to refer an important definitions of the following words as per GST Law,2017 for more clarity. 1. Meaning of Development Right: The term development right has not been defined in the GST Law […]
As per the GST (Goods and Services Tax) law, construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer is a supply of service and hence, is liable to the goods and services tax (GST).
