Finally the dream of GST is becoming reality from July 1, 2017. Most of us have migrated themselves to GST already. There are two crucial aspects,
a) Time of supply, Sec. 12 to 13 of GST : Provisions of these sections contains answer to a valuable question i.e. When GST to be levied? . These provisions are similar to the existing Point of Taxation Rules, 2011.
b) Place of Provision, Sec. 10 to 13 of IGST : Provisions of these sections contains answer to another valuable question i.e. Which tax to be levied? . These provisions are similar to the existing Place of Provision Rules, 2014.
Both of the above areas are explained in a simpler format below,